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Dividend proposal of EUR 1.75 per share for 2023 and share buyback with a volume of up to EUR 4 million
Deutsche Rohstoff AG today published its final consolidated figures for 2023 as well as the Annual Report.
Invitation to the Conference Call on the 2023 Annual Report for investors, analysts and media
The management will present the company’s development in 2023 and will provide an outlook for 2024.
Increased guidance for 2024
Deutsche Rohstoff AG is raising its forecast for 2024.
Preliminary Group figures for 2023 confirm record year
With sales of over EUR 196 million and a profit of EUR 65 million, Deutsche Rohstoff AG has achieved a new record.
Operational update: Record production in 2023 and promising start in 2024
The oil and gas production of Deutsche Rohstoff reached a new record last year.
Reserve report 2024: Value of oil and gas reserves increases despite record production in the previous year and sale of Utah assets
Deutsche Rohstoff AG today published the results of its annual oil & gas reserve reports.
Salt Creek closing marks successful completion of 2023
Deutsche Rohstoff AG today announced the successful closing of the divestment of all Utah assets by its 100% subsidiary Salt Creek Oil & Gas. The sale has led to a cash inflow of approximately EUR 44 million.
Deutsche Rohstoff contributes Australian lithium exploration projects to listed entity
Die Prime Lithium AG, ein 88%iges Tochterunternehmen der Deutsche Rohstoff AG, gibt signifikante Fortschritte bei der Unternehmensentwicklung bekannt.
Prime Lithium AG reserves strategic site for potential lithium production and welcomes chemicals executive as CEO and co-founder
Deutsche Rohstoff AG announces significant progress in Prime Lithium AG’s recent developments. Prime Lithium is a 88% subsidiary of Deutsche Rohstoff.
Strong development in Wyoming & Bright Rock Energy drilling program
Deutsche Rohstoff AG provides an update on the development in Wyoming.
Salt Creek Oil & Gas sells Utah assets
Deutsche Rohstoff AG announced today, that its wholly owned subsidiary Salt Creek Oil & Gas LLC has sold all of its Utah assets in two transactions.
Expansion of the portfolio of lithium projects in Australia
Deutsche Rohstoff AG together with its Australian partner SensOre and the joint subsidiary Exploration Ventures AI Pty Ltd has secured four additional licenses in the state of Western Australia.
Invitation to the 3rd virtual Capital Markets Day
Invitation to the 3rd virtual Capital Markets Day
Record result in Q3 2023 and confirmation of guidance
Deutsche Rohstoff AG reports on the 3rd quarter and publishes the quarterly report.
Increased guidance for 2023 and 2024
Deutsche Rohstoff AG raises its guidance for 2023 and 2024.
Successful placement of bond 2023/2028
Deutsche Rohstoff AG has successfully completed the placement of its corporate bond 2023/2028 with an issue volume of EUR 100 million.
Strong demand for new bond 2023/2028
Deutsche Rohstoff AG announces that the currently offered 7.5% bond is facing strong demand from institutional and private investors.
Placement of a bond with 7.50% coupon p.a.
Deutsche Rohstoff AG plans to place a new corporate bond (WKN A3510K, ISIN DE000A3510K1) with a volume of up to EUR 100 million based on the securities prospectus approved today by the Commission de Surveillance du Secteur Financier (CSSF).
Strong operating performance in the first half of the year and confirmation of the guidance for 2023
Deutsche Rohstoff today announces its figures for the first half of 2023.
Oddo BHF publishes initial coverage
Deutsche Rohstoff AG has added another well-known address to its circle of analysts with Oddo BHF.
Update on oil & gas activities
The oil and gas production of the Deutsche Rohstoff Group continues to develop as planned. The current development projects Lost Springs and Huckleberry have started production.
AlsterResearch initiates Coverage
Deutsche Rohstoff AG has added another well-known address to its circle of analysts: AlsterResearch.
EUR 42.7 million revenue in Q1 2023
Deutsche Rohstoff publishes Q1 report for 2023 and provides an update on the first quarter.
1876 Resources acquires gas gathering pipeline infrastructure
1876 Resources, formerly known as Cub Creek Energy, signed a purchase and sale agreement and simultaneously closed on the acquisition of existing gas gathering pipeline infrastructure on its Powder River Basin acreage in Wyoming.
Consolidated financial statements, increase in guidance for 2023, guidance for 2024 and dividend proposal
Deutsche Rohstoff AG today published the final consolidated figures for 2022.
On track for record production in 2023 after first quarter
Deutsche Rohstoff AG provides an overview of the highlights of its operating performance in the first quarter of 2023.
Preliminary 2022 full year financials
Net income rises to EUR 66.2 million/Revenue and EBITDA in line with increased guidance
Further production growth expected for 2023 after strong year 2022
Deutsche Rohstoff AG today provided an overview of the operational development in 2022 and the outlook for 2023.
Repayment of convertible bond
Deutsche Rohstoff AG announced today, that the outstanding convertible bond will be repaid on schedule at the end of March.
Significant increase in proved oil and gas reserves
Deutsche Rohstoff AG today published the value of oil and gas reserves in its US subsidiaries as of 31 December 2022.
Establishment of a lithium exploration subsidiary in Australia
Deutsche Rohstoff AG and its Australian partner SensOre have established the Australian subsidiary Exploration Ventures AI Pty Ltd.
Update on oil and gas activities
Deutsche Rohstoff AG’s oil and gas activities continue to develop very positively.
10% stake in Rhein Petroleum sold
The UK-based company Beacon Energy plc announced today that it has acquired all of the shares in Rhein Petroleum GmbH from Deutsche Rohstoff AG (10%) and Tuilp Oil Holding (90%).
Further raise of 2022 guidance
Deutsche Rohstoff Group recorded higher oil production in the current quarter than expected in October.
Invitation to the second Capital Markets Day
The Management Board of Deutsche Rohstoff AG invites you to the second virtual Capital Markets Day on 16 November 2022 from 10.00 am to 12.00 pm.
Third quarter 2022 financial report published
Deutsche Rohstoff Group today published its Q3 2022 report, confirming the figures already announced.
EUR 20 million net income in the third quarter
Deutsche Rohstoff published their 9-month figures today.
Further joint development with Occidental
Salt Creek Oil & Gas has entered into another joint development agreement with Occidental in the Powder River Basin/Wyoming.
Redemption of 127,810 repurchased shares and respective capital decrease
The Management Board of Deutsche Rohstoff AG has resolved to redeem 127,810 own shares and to decrease the share capital accordingly.
Update on oil and gas activities
Deutsche Rohstoff AG gives an update of their on oil and gas activities
Supervisory Board appoints new Chief Financial Officer
Deutsche Rohstoff AG today announced the appointment of a new Chief Financial Officer (CFO). The position will be taken over by Mr. Henning Doering as of 1 October 2022.
Strongest operating half-year in company history
According to the final, unaudited half-year figures, the Deutsche Rohstoff Group generated sales of EUR 72.2 million, EBITDA of EUR 64.0 million and consolidated net income of EUR 32.5 million in the first half of the year.
EUR 32.5 million net profit in the first half of the year
According to preliminary figures, the Deutsche Rohstoff Group generated consolidated net income of EUR 32.5 million in the first half of 2022 (previous year: EUR 17.5 million).
Annual General Meeting passes all resolutions with large majority
This year’s Annual General Meeting of Deutsche Rohstoff AG passed all proposed resolutions with a large majority.
Successful start to the new financial year
Deutsche Rohstoff publishes the Q1 2022 figures and the quarterly report and invites interested investors to the update call.
Consolidated financial statements, higher forecast for 2022, forecast for 2023 and dividend proposal
Deutsche Rohstoff AG today published the final consolidated financial statements for 2021. In this context, the company raises the forecast for fiscal year 2022.
Changes in Executive and Supervisory Board planned
Deutsche Rohstoff AG plans to make changes to its Management and Supervisory Boards at the end of this year’s Annual General Meeting.
Preliminary consolidated figures for 2021
In fiscal year 2021, the Deutsche Rohstoff Group generated sales of EUR 73.3 million, EBITDA of EUR 65.9 million and consolidated net income of EUR 26.1 million.
Strong increase in oil and gas reserves
Based on the forward curve of 4 March 2022, the present value of the proven and probable reserves of the US subsidiaries of Deutsche Rohstoff AG amounts to USD 639.9 million.
Bright Rock acquires additional acreage in Wyoming
Bright Rock Energy has signed a purchase and sales agreement for acreage in the Powder River Basin in Wyoming.