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Unipetrol as (UNPE.PR)

UNPE.PR on Prague Stock Exchange

279.00CZK
28 Apr 2017
Change (% chg)

8.20Kč (+3.03%)
Prev Close
270.80Kč
Open
271.00Kč
Day's High
279.80Kč
Day's Low
271.00Kč
Volume
185,798
Avg. Vol
43,102
52-wk High
279.80Kč
52-wk Low
155.00Kč

Latest Key Developments (Source: Significant Developments)

Unipetrol expects to finalise insurance payments in Q3
Thursday, 27 Apr 2017 05:34am EDT 

April 27 (Reuters) - Unipetrol As :Unipetrol says expects to finalise insurance payments probably in Q3 nL8N1HZ0RO.  Full Article

Unipetrol Q1 net profit rises to CZK 2.83 billion
Thursday, 27 Apr 2017 12:57am EDT 

April 27 (Reuters) - Unipetrol As :Unipetrol says q1 net profit czk 2.83 billion ($114.86 million), versus loss czk 25 million in q4/16 and czk 2.62 billion profit in q4/16.Unipetrol says q1 revenue czk 29.85 billion, up 69 percent y/y, driven by higher crude prices and higher petrochemical products sales.Unipetrol says q1 ebitda lifo czk 3.62 billion, versus czk 350 million in q1/16 and czk 3.26 billion in q4/16.says company should be in a position to recover czk 14 billion from insurer in steam cracker accident, amount of czk 7.9 billion was recognized in 2016 financial results.says company should be in a position to recover czk 1.2 billion from insurer in fcc unit incident, amount of czk 1.0 billion was recognized in financial results for q1.says volume of processed crude oil up by 35 percent y/y thanks to stable operation of both refineries .says refining sales volumes up 3 percent to 1.6 mt.  Full Article

Unipetrol shares hit highest since September 2010
Wednesday, 15 Mar 2017 05:53am EDT 

Unipetrol : Unipetrol shares drop 2 percent after release of new strategy targets in early trading on Wednesday . Later shares turn positive, hit highest since september 2010 . Up 0.8 percent at CZK 224.70 at 0950 GMT . Company targets combined EBITDA LIFO of CZK 19.7 billion in 2017-18, plans raising dividend [nS8N1FV00R] Further company coverage: [UNPE.PR] ((jason.hovet@thomsonreuters.com;)).  Full Article

Unipetrol to recommend dividend payment from 2016 profit
Wednesday, 15 Mar 2017 05:06am EDT 

Unipetrol As : Unipetrol says on conference call EBITDA LIFO targets in 2017-18 do not include any insurance claim payments [nL5N1GD763] [nL5N1FG1J4] . Unipetrol CFO says can expect higher dividend than total czk 1 billion paid from 2015 profit, exact amount to be released with agm invitation . Unipetrol CFO says intention is to systematically raise the dividend per share ratio, should be on reasonable level compared to annual average share price . Unipetrol CFO says management intends to recommend dividend from 2016 profit . Unipetrol CFO says AGM likely to be in June . company earlier released new 2017-21 strategy, targetting CZK 19.7 billion in total EBITDA LIFO in 2017-18 [nS8N1FV00M] Further company coverage: [UNPE.PR] ((jason.hovet@thomsonreuters.com;)).  Full Article

Unipetrol conditioning dividend payments on financial stability-CFO
Wednesday, 15 Mar 2017 04:37am EDT 

Unipetrol As : Unipetrol cfo says conditions payments of dividend on maintaining financial stability of company . Unipetrol cfo says company will maintain being a dividend paying company Further company coverage: [UNPE.PR] ((jason.hovet@thomsonreuters.com;)).  Full Article

Unipetrol says Spolana results so far better than expected
Wednesday, 15 Mar 2017 04:19am EDT 

Unipetrol As : Unipetrol executive says on conference call that "Spolana results so far are even better than assumed in our acquisition base case" [nL8N1923GY] [nL8N19D4YP] Further company coverage: [UNPE.PR] ((jason.hovet@thomsonreuters.com;)).  Full Article

Unipetrol targets EBITDA LIFO of CZK 19.7 bln in 2017-18 in new strategy
Tuesday, 14 Mar 2017 12:45pm EDT 

Unipetrol As : boards approved the document Unipetrol Group Strategy . targets total combined EBITDA LIFO at the level of CZK 19.7 billion ($775.32 million) in 2017-18 . includes CZK 17.5 billion in Downstream segment, CZK 2.3 billion in Retail segment and CZK (-0.1) billion in Corporate functions segment . targets total combined CAPEX at the level of CZK 16.3 billion in 2017-18, consisting of CZK 8.6 billion for development purposes (83% in Downstream, 15% in Retail and 2% in Corporate functions) and CZK 7.6 billion for maintenance and regulatory expenditures . targets completion of construction of new polyethylene unit (PE3); . targets increased market share in retail – to 20.7% in 2018 . targets realization of the potential of refinery assets with high utilization of 87 percent on average over 2017-2018 . targets safe financial standing of Unipetrol capital group and systematic increase of dividend-per-share ratio . strategy for horizon 2017-21, intends to cyclically update and communicate its plans for the coming periods . strategy assumes model refining margin of 4.7 USD/bbl, Brent crude oil price 55 USD/bbl, Brent/Ural differential 2.2 USD/bbl Further company coverage: [UNPE.PR] ($1 = 25.4090 Czech crowns) ((jason.hovet@thomsonreuters.com;)).  Full Article

Unipetrol CEO says optimistic about dividend
Thursday, 26 Jan 2017 06:05am EST 

Unipetrol As : Unipetrol CFO says company expects "very good results" in 2017, no other comment on outlook . Unipetrol CEO says optimistic about dividend when asked on payout from 2016 profits at earnings news conference . The company paid its first dividend in eight years from 2015 profits but has not yet announced whether it will pay out a dividend from 2016 profits [nP7N1AK01T] . Posted record net profit in 2016 [nL5N1FG1J4] Further company coverage: [UNPE.PR] (Reporting By Robert Muller) ((jason.hovet@thomsonreuters.com;)).  Full Article

Unipetrol to unveil dividend policy in March -CEO
Thursday, 26 Jan 2017 05:43am EST 

Unipetrol As : Unipetrol ceo says at beginning of march dividend policy will be announced . Unipetrol ceo says too early to discuss dividend Further company coverage: [UNPE.PR] (Reporting By Robert Muller) ((jason.hovet@thomsonreuters.com;)).  Full Article

Unipetrol expects H2 good enough to meet company plans
Thursday, 21 Jul 2016 06:06am EDT 

Unipetrol : Unipetrol CFO Kastelik says expects Q4 results to be similar to year before . Unipetrol CFO Kastelik says Q3 affected by operational limitations, H2 seen good enough to reach company plans . says H2 revenue will be lower than in past Further company coverage: [UNPE.PR] ((prague.newsroom@thomsonreuters.com;)).  Full Article

More From Around the Web

Unipetrol defends Spolana acquisition after minority shareholder protests

PRAGUE Czech downstream oil group Unipetrol said on Thursday its acquisition of Spolana chemicals company would support achieving its strategic aims and add shareholder value.