MOL Hungarian Oil and Gas Plc - Company Profile
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MOL Hungarian Oil and Gas PLC (MOL) is an integrated oil and gas corporation. The company engages in upstream exploration and production, midstream gas operations, and downstream refining and petrochemicals. MOL's major products include refined petroleum products, petrochemicals, and consumer services. The company serves a diverse range of customers across various industries, including energy, transportation, and retail. MOL operates a network of service stations and has a significant presence in the retail sector. The company has exploration and production operations in Kurdistan region of Iraq, Russia, Kazakhstan, Pakistan, Egypt and other countries in Central-Eastern Europe and Africa. It operates crude oil refineries and petrochemical plants in Hungary, Slovakia and Croatia. The company also offers various services, including natural gas transmission and storage, fleet management, oilfield services, car sharing, mobility solutions, rental services, real estate management, and maintenance services. The company also owns a network of service stations in Central and South-Eastern Europe. MOL is headquartered in Budapest, Hungary.
Headquarters
Hungary
Address
Dombovari Ut 28., Budapest, 1117
Website
molgroup.info
Telephone
36 1 2090000
No of Employees
24,744
Industry
Energy and Utilities
Ticker Symbol & Exchange
MOL (BDP)
Revenue (2024)
$24.7B
-5.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-8.9%
(2024 vs 2023)
Market Cap*
$11.1B
Net Profit Margin (2024)
XYZ
-3.9%
(2024 vs 2023)
* As of and is in US$
MOL Hungarian Oil and Gas Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Condensate | Insurance | IES |
| Natural Gas | Motorway Ticket Sale | MOL |
| Crude Oil | Financial Services | Tifon |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the company signed a sale and purchase agreement to acquire Upstream assets from O&GD Central Kft. |
| 2026 | Contracts/Agreements | In February, Geoinform Ltd. signed an agreement with Baker Hughes to launch state-of-the-art oil and gas technologies. |
| 2026 | Contracts/Agreements | In February, the company entered into a joint venture agreement with Repsol and Turkiye Petrolleri A. O. for an offshore exploration area in the Mediterranean Sea. |
Competitor Comparison
| Key Parameters | MOL Hungarian Oil and Gas Plc | Orlen SA | OMV AG | Galp Energia SGPS SA | Neste Corp |
|---|---|---|---|---|---|
| Headquarters | Hungary | Poland | Austria | Portugal | Finland |
| City | Budapest | Plock | Wien | Lisboa | Espoo |
| State/Province | - | - | Oberosterreich | Lisboa | - |
| No. of Employees | 24,744 | 66,563 | 16,056 | 7,095 | 4,891 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zoltan Aldott | Chairman | Executive Board | 2018 | - |
| Zsolt Hernadi | Chief Executive Officer | Executive Board | 2001 | - |
| Jozsef Simola | Chief Financial Officer | Senior Management | 2011 | - |
| Gyorgy Bacsa | Chief Operating Officer; Executive Vice President - Strategic Operations and Corporate Development; Head - Management Committee | Senior Management | 2022 | - |
| Jozsef Molnar | Group Chief Executive Officer | Senior Management | 2011 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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