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OMV AG ( (DE:OMV) ) just unveiled an announcement.
OMV AG has announced that it will no longer pursue the sale of its exploration and production business in New Zealand. This decision means that OMV New Zealand Limited will remain part of the company’s E&P portfolio, indicating a strategic choice to retain its operations in the region, potentially impacting its market strategy and stakeholder relations.
More about OMV AG
OMV AG is a major player in the oil and gas industry, primarily involved in the exploration and production (E&P) of oil and natural gas. The company operates on a global scale, focusing on the development of energy resources to meet market demands.
YTD Price Performance: 4.70%
Average Trading Volume: 6,764
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €12.09B
See more data about OMV stock on TipRanks’ Stock Analysis page.
