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Polski Koncern Naftowy Orlen SA (PKN.WA)

PKN.WA on Warsaw Stock Exchange

88.52PLN
16 Aug 2019
Change (% chg)

-1.56zł (-1.73%)
Prev Close
90.08zł
Open
91.50zł
Day's High
92.86zł
Day's Low
88.04zł
Volume
832,873
Avg. Vol
819,960
52-wk High
114.35zł
52-wk Low
84.70zł

Latest Key Developments (Source: Significant Developments)

PKN Orlen Files Application To European Commission For Merger With Grupa Lotos
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Polski Koncern Naftowy Orlen SA ::SAYS FILES APPLICATION TO EUROPEAN COMMISSION FOR MERGER WITH GRUPA LOTOS.  Full Article

PKN Orlen To Import More Crude Oil From Angola
Tuesday, 2 Jul 2019 

July 2 (Reuters) - PKN Orlen ::SAYS IN AUGUST AND SEPTEMBER WILL IMPORT TWO FURTHER SUPPLIES OF CRUDE OIL FROM ANGOLA OF 130,000 TONNES EACH .SAYS PERCEIVES THIS MARKET AS PROMISING AND CONSIDERS THE POSSIBILITY OF INCREASING THE SUPPLIES AND ENHANCING COLLABORATION WITH ANGOLA IN OTHER BUSINESS AREAS.SAYS DIVERSIFICATION OF CRUDE OIL SUPPLIES IS ONE OF THE MOST CRUCIAL GOALS OF COMPANY'S UPDATED STRATEGY.CURRENTLY 50% OF CRUDE OIL REFINED IN PLOCK COMES FROM DIRECTIONS OTHER THAN RUSSIA; IN CASE OF THE WHOLE GROUP IT IS 30% .  Full Article

Maire Tecnimont Gets New EPC Contract From Anwil
Friday, 28 Jun 2019 

June 28 (Reuters) - Maire Tecnimont SpA ::ITS UNIT GETS NEW ENGINEERING, PROCUREMENT AND CONSTRUCTION (EPC) CONTRACT FROM ANWIL.CONTRACT FROM ANWIL CONCERNS IMPLEMENTATION OF NEW GRANULATION UNIT CAPABLE OF PRODUCING DIFFERENT TYPES OF FERTILIZERS.CONTRACT CONCERNS ONE OF THREE PACKAGES RELATED TO ANWIL'S EXPANSION OF ITS FERTILIZER PRODUCTION WITH ITS OVERALL INVESTMENT FOR ABOUT USD 350 MILLION.  Full Article

PKN's Subsidiary Signs Order With Tecnimont, Investment Cost Is Around 1.3 Bln Zlotys
Friday, 28 Jun 2019 

June 28 (Reuters) - Polski Koncern Naftowy Orlen SA ::SAYS ANWIL SIGNS ORDER WITH TECNIMONT FOR DESIGN, DELIVERY AND TURNKEY CONSTRUCTION OF INSTALLATION IN WLOCLAWEK, POLAND.SAYS ESTIMATED COST OF INVESTMENT IN TOTAL IS AROUND 1.3 BILLION ZLOTYS.SAYS FOLLOWING IMPLEMENTATION OF THE INVESTMENT ESTIMATED OPERATING EBITDA OF ANWIL MIGHT INCREASE BY AROUND EUR 57 MILLION/YEAR.CO OWNS 100% IN ANWIL'S SHARE CAPITAL.  Full Article

PKN, Lotos final application to reach European Commission in July - PKN CEO
Tuesday, 25 Jun 2019 

WARSAW, June 25 (Reuters) - PKN ORLEN::AT THE BEGINNING OF JULY THE FINAL APPLICATION FOR PKN ORLEN TO MERGE WITH GRUPA LOTOS <<>> WILL BE SUBMITTED TO THE EUROPEAN COMMISSION - PKN ORLEN CEO DANIEL OBAJTEK SPEAKING ON RADIO GDANSK."WE ARE IN THE PRE-NOTIFICATION PERIOD...I THINK THAT IN THE FIRST DAYS OF JULY WE WILL SUBMIT THE APPLICATION. WE ARE STILL REPLYING TO HUNDREDS OF QUESTIONS FROM THE COMMISSION," OBAJTEK SAID.  Full Article

PKN Orlen Joint Refining Margin And Brent/Ural Spread At $6.0/B In April
Tuesday, 7 May 2019 

May 7 (Reuters) - Polski Koncern Naftowy Orlen SA ::JOINT REFINING MARGIN AND BRENT/URAL SPREAD AT $6.0 /B IN APRIL.  Full Article

PKN Orlen's Anwil Signs Deal With Thyssenkrupp Industrial Solutions
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Polski Koncern Naftowy Orlen SA ::SAYS ANWIL SIGNS WITH THYSSENKRUPP INDUSTRIAL SOLUTIONS DEAL, ESTIMATED VALUE OF INVESTMENT 1.3 BILLION ZLOTYS.SAID DEAL IS FOR DESIGN, DELIVERY AND CONSTRUCTION OF NITRIC ACID SYSTEM AND NEUTRALISATION FOR ANWIL IN WLOCLAWEK, POLAND.SAYS AFTER COMPLETION OF PROJECT EBITDA OF CO'S UNIT ANWIL, MAY INCREASE BY ABOUT EUR 57 MILLION YEARLY.PROJECT ASSUMES ANWIL'S FERTILISER PRODUCTION CAPACITY INCREASE BY 495,000 TONNES PER YEAR.  Full Article

PKN Orlen Recommends 2018 Dividend Of 3.5 Zlotys Per Share
Wednesday, 20 Mar 2019 

March 20 (Reuters) - PKN Orlen SA ::SAYS MANAGEMENT RECOMMENDS DIVIDEND OF 3.5 ZLOTYS PER SHARE FOR 2018.  Full Article

PKN Orlen Reverses Part Of Impairment Losses In Standalone Res For About 987 Million Zlotys
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Polski Koncern Naftowy Orlen SA ::SAYS HAS REVERSED PART OF IMPAIRMENT LOSSES IN NON-CONSOLIDATED FIN RES FOR 2018 FOR ABOUT 987 MILLION ZLOTYS.SAYS REVERSAL WILL NOT IMPACT ITS CONSOLIDATED EBITDA FOR 2018.SAYS REVERSAL IS PART OF UPDATING THE VALUE OF ITS INVESTMENT IN ORLEN UPSTREAM GROUP IN ITS ASSETS IN CANADA.  Full Article

PKN Orlen Q4 Net Profit At 804 Mln Zlotys, Below Expectations
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Polski Koncern Naftowy Orlen SA ::FY NET PROFIT 5.46 BILLION ZLOTYS VERSUS 5.7 BILLION ZLOTYS SEEN IN REUTERS POLL.Q4 NET PROFIT 804 MILLION ZLOTYS VERSUS 856 MILLION ZLOTYS SEEN IN REUTERS POLL.Q4 REVENUE 29.4 BILLION ZLOTYS VERSUS 27.61 BILLION ZLOTYS SEEN IN REUTERS POLL.Q4 EBITDA LIFO 2.71 BILLION ZLOTYS VERSUS 2.35 BLN ZLOTYS SEEN IN REUTERS POLL.Q4 EBITDA 1.91 BILLION ZLOTYS VERSUS 1.88 BILLION ZLOTYS SEEN IN REUTERS POLL.2019 CAPEX TO AMOUNT TO 5 BLN ZLOTYS - PRESENTATION.2018 CAPEX AT 4.28 BILLION ZLOTYS.  Full Article

Deals of the day-Mergers and acquisitions

Aug 8 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: