Petrom Should Be Worth EUR10B Based On Its 2013 Record Profit

02.20.2014 By Adrian Cojocar

The record 2013 net profit Romania’s largest company OMV Petrom (SNP) announced on Wednesday, 4.82 billion lei (EUR1.09 billion), should drive its value to more than EUR10 billion if considering the average profit multiples in the oil&gas sector, of about 10.

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