Deutsche Rohstoff AG Reports Half-Year Results and Confirms 2025 Guidance

Deutsche Rohstoff AG announced its half-year results, reporting revenue of EUR 102.3 million and EBITDA of EUR 70.5 million. Despite a decline compared to 2024, the company confirmed its guidance for 2025, expecting revenue between EUR 170 to 190 million and EBITDA from EUR 115 to 135 million.

The company's production reached 13,659 BOEPD, largely supported by existing wells and new wells from 2024. The revenue decline is attributed to lower production volumes and weaker US-Dollar effects. Nevertheless, positive cash flow and a 10% reduction in net debt were noted.

Operations in the US showed promising results, particularly from the Niobrara and Mowry formations. The Chinook wells have been high performers since June, and ongoing drilling aims for completion by the third quarter.

The strategic expansion in the Powder River Basin is on track, potentially boosting the second half’s production. The company remains optimistic about achieving its 2025 targets.