Hungarian oil and gas company MOL posted an all-time high EBITDA of 3.53 billion dollars, above the updated guidance. Simplified free cash flow tripled since last year and amounted to 1.9 billion dollars, mainly driven by the favorable oil and gas prices and refinery/ petrochemical margins.
MOL’s
Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading data, tenders)
Subscription fee: 990 EUR annually (pdf newsletters, excel data, online news database – company licensed
Tags: financial, fuel sales, gas, Mol, oil