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Polski Koncern Naftowy ORLEN Spólka Akcyjna (PKN.WA)

PLN144.90 +0.90 (+0.63%)
PL WSE Energy Oil & Gas Integrated
Address 7 ChemikOw Street 09-411
Plock, PL
CEO Ireneusz Fafara
Website orlen.pl
IPO 2000-01-03
ISIN PLPKN0000018

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Also trades on Other OTC · PSKOF (USD) Warsaw Stock Exchange · PKN.WA (PLN)
Description

Polski Koncern Naftowy ORLEN Spółka Akcyjna, a prominent energy conglomerate established in 1999 and headquartered in Płock, Poland, engages in a comprehensive array of activities spanning the crude oil value chain. Its operations, which include extraction, processing, refining, storage, and wholesale distribution, extend across numerous countries such as Poland, Germany, the Czech Republic, Lithuania, Malta, Sweden, Slovakia, Hungary, Estonia, Latvia, Canada, and China. The company's diverse business is organized into several key segments: Refining, Petrochemical, Energy, Retail, and Upstream. ORLEN offers an extensive product portfolio, including various fuels like petrol, diesel, LPG, biofuels, aviation fuels, and heating oils. Its petrochemical division manufactures aromatics such as phenol, benzene, paraxylene, and purified terephthalic acid, alongside olefins, polyolefins, plastics, glycols, and nitrogen fertilizers. Additional chemical products encompass acetone, ethylene oxide, masterbatch, advanced technical carbon black Chezacarb, caprolactam, soda lye, and sodium hypochlorite. Furthermore, it provides a wide range of lubricants, including base oils, automotive oils (for cars, motorbikes, trucks, marine, and agricultural use), industrial oils, paraffin, and solvents. Beyond its oil and chemical endeavors, ORLEN is a significant participant in the energy sector, producing, distributing, and transmitting both electricity and heat. The company boasts an impressive installed power capacity of approximately 3.4 GW and actively trades in thermal energy. Complementing its industrial operations, ORLEN maintained a substantial retail footprint with a network of 2,881 fuel stations as of December 31, 2021.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
PLN144.90 +0.90 (+0.63%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.46
Float Shares
581.63M
Free Float %
50.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.37% -0.24% +6.65% +23.64% +50.78% +39.94% +91.59% +135.52% +73.30% +104.91% +541.45%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
144.90
DCF (Unlevered) 19.76 -86.4%
DCF (Levered) 107.07 -26.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 44% Bullish
Rating 2026-05 Change
Strong Buy 0 -1
Buy 4 0
Hold 3 0
Sell 2 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.64
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
1 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Integrated: -4.1%
    -9.4% Q1'26: +3.0% (vs Q1'25)
  • EPS growth Oil & Gas Integrated: +4.4%
    +653.5% Q1'26: +88.6% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Integrated: -6.1%
    +7.7% Q1'26: +2.1% (vs Q1'25)
  • EBIT margin Oil & Gas Integrated: +12.4%
    +9.4% Q1'26: +15.2% (vs Q1'25)
  • ROIC Oil & Gas Integrated: +5.6%
    +9.2% Q1'26: +21.2% (vs Q1'25)
  • Share dilution Oil & Gas Integrated: +0.6%
    +0.0% Q1'26: 0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Integrated: 0.90×
    1.22× Q1'26: 0.66× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.47) × ERP
WACC = 77% × Ke + 23% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 19.76 Current price: 144.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
1 EPS Ana.
Dec 2027
9 Rev. Ana.
6 EPS Ana.
Dec 2028
8 Rev. Ana.
7 EPS Ana.
Dec 2029
7 Rev. Ana.
2 EPS Ana.
Revenue
88.34B
est: 89.98B (-1.8%)
79.55B
est: 79.33B (+0.3%)
95.36B
est: 96.89B (-1.6%)
109.71B
est: 109.89B (-0.2%)
111.20B
est: 111.26B (-0.1%)
86.18B
est: 85.66B (+0.6%)
131.34B
est: 126.97B (+3.4%)
277.56B
est: 260.95B (+6.4%)
372.77B
est: 329.75B (+13.0%)
294.98B
est: 304.98B (-3.3%)
267.33B
est: 261.58B (+2.2%)
303.66B
283.34B – 322.00B
+16.1% YoY
290.43B
246.16B – 371.15B
-4.4% YoY
279.11B
278.97B – 279.26B
-3.9% YoY
259.27B
230.38B – 304.28B
-7.1% YoY
EBITDA
5.61B
est: 11.51B (-51.3%)
8.95B
est: 10.15B (-11.8%)
11.26B
est: 12.39B (-9.1%)
8.84B
est: 14.05B (-37.1%)
9.14B
est: 14.23B (-35.8%)
7.80B
est: 10.96B (-28.8%)
19.01B
est: 16.24B (+17.1%)
56.42B
est: 33.38B (+69.0%)
45.70B
est: 45.97B (-0.6%)
23.12B
est: 42.51B (-45.6%)
39.57B
est: 36.46B (+8.5%)
42.33B
39.50B – 44.89B
+16.1% YoY
40.49B
34.31B – 51.74B
-4.4% YoY
38.91B
38.89B – 38.93B
-3.9% YoY
36.14B
32.12B – 42.42B
-7.1% YoY
EBIT
3.90B
est: 7.78B (-49.9%)
7.10B
est: 6.86B (+3.5%)
9.04B
est: 8.38B (+7.9%)
7.32B
est: 9.51B (-23.0%)
5.64B
est: 9.63B (-41.4%)
3.31B
est: 7.41B (-55.3%)
14.19B
est: 10.99B (+29.1%)
48.83B
est: 22.58B (+116.3%)
31.51B
est: 32.26B (-2.3%)
9.11B
est: 29.84B (-69.5%)
25.21B
est: 25.59B (-1.5%)
29.71B
27.72B – 31.51B
+16.1% YoY
28.42B
24.08B – 36.31B
-4.4% YoY
27.31B
27.29B – 27.32B
-3.9% YoY
25.37B
22.54B – 29.77B
-7.1% YoY
Net Income
2.84B
est: 12.54B (-77.4%)
5.26B
est: 11.85B (-55.6%)
6.66B
est: 15.79B (-57.9%)
5.56B
est: 13.87B (-60.0%)
4.30B
est: 12.88B (-66.6%)
2.76B
est: 7.43B (-62.9%)
11.12B
est: 23.58B (-52.8%)
39.68B
est: 40.26B (-1.4%)
20.68B
est: 8.03B (+157.7%)
1.47B
est: 9.32B (-84.2%)
11.11B
est: 13.62B (-18.4%)
16.86B
16.78B – 24.05B
+23.8% YoY
15.42B
13.96B – 23.53B
-8.6% YoY
14.56B
12.45B – 20.59B
-5.5% YoY
12.68B
10.84B – 15.54B
-13.0% YoY
SGA
5.52B
est: 6.75B (-18.1%)
5.55B
est: 5.95B (-6.7%)
5.86B
est: 7.26B (-19.3%)
6.34B
est: 8.24B (-23.1%)
8.16B
est: 8.34B (-2.2%)
9.54B
est: 6.42B (+48.6%)
11.12B
est: 9.52B (+16.8%)
14.67B
est: 19.56B (-25.0%)
21.75B
est: 22.63B (-3.9%)
20.12B
est: 20.93B (-3.8%)
21.11B
est: 17.95B (+17.6%)
20.84B
19.44B – 22.09B
+16.1% YoY
19.93B
16.89B – 25.47B
-4.4% YoY
19.15B
19.14B – 19.16B
-3.9% YoY
17.79B
15.81B – 20.88B
-7.1% YoY
EPS
6.63
est: 10.80 (-38.6%)
12.30
est: 10.21 (+20.5%)
15.56
est: 13.60 (+14.4%)
12.99
est: 11.95 (+8.7%)
10.05
est: 11.09 (-9.4%)
6.44
est: 6.40 (+0.6%)
26.00
est: 20.31 (+28.0%)
34.18
est: 34.68 (-1.4%)
18.02
est: 6.91 (+160.7%)
1.27
est: 7.72 (-83.5%)
9.57
est: 11.28 (-15.1%)
16.90
14.45 – 20.72
+49.9% YoY
14.75
12.03 – 20.27
-12.7% YoY
13.32
10.72 – 17.73
-9.7% YoY
10.92
9.34 – 13.38
-18.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 3/5 4/5 4/5 3/5 3/5 4/5
2026-05-28 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-27 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-26 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-25 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-22 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-21 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-20 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-19 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-18 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-15 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-14 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-13 A- 4/5 3/5 3/5 4/5 3/5 3/5 5/5
2026-05-12 A- 4/5 3/5 3/5 4/5 3/5 3/5 5/5
2026-05-11 A- 4/5 3/5 3/5 4/5 3/5 3/5 5/5
2026-05-08 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-07 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-06 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-05 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-04 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-04-30 B+ 3/5 3/5 3/5 4/5 2/5 3/5 4/5
2026-04-29 B+ 3/5 3/5 3/5 4/5 2/5 3/5 4/5
2026-04-28 B+ 3/5 3/5 3/5 4/5 2/5 3/5 4/5
2026-04-27 B+ 3/5 3/5 3/5 4/5 2/5 3/5 4/5
2026-04-24 A- 4/5 3/5 3/5 5/5 2/5 3/5 4/5
2026-04-23 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5
2026-04-22 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5
2026-04-21 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5
2026-04-20 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5
2026-04-17 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5
2026-04-16 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5
2026-04-15 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
316.32M
OE per share TTM
0.27
Owner's Yield
0.19%
Maintenance CapEx ratio
71.43%
Maint CapEx / Avg PPE
49.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
371.8K
Shares Outstanding
1.16B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Marek Balawejder Member of the Management Board for Retail Sales 3M male
Ireneusz Fafara Chief Executive Officer & President of the Management Board 3M male
Wieslaw Prugar Member of Management Board for Upstream 3M male
Marcin Wasilewski Member of the Management Board for Digital Transformation 3M male
Robert Soszynski VP of the Management Board & COO 3M male
Ireneusz Sitarski Vice President of the Management Board for Downstream 3M male
Witold Literacki Deputy CEO for Corporate Affairs & Vice President of the Management Board for Corporate Affairs 3M male
Slawomir Robert Jedrzejczyk CFO & Vice President of the Management Board for Financials 727.0K male
Slawomir Staszak Member of the Management Board for Energy 711.0K male
Pawel Wojtunik Member of the Management Board for Security & Risk Management male
Robert Sleszynski Director of M&A male
Magdalena Kopciejewska Head of Stock Exchange Information Team female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits