Hellenic Petroleum S.A.

Hellenic Petroleum S.A. Earnings Recaps

ELPE.AT Materials 1 recap
Q3 2025 Nov 14, 2025

HELLENiQ ENERGY Holdings reported robust Q3 2025 results, driven by strong refining margins and increased demand, achieving an adjusted EBITDA of EUR 365 million for the quarter, positioning the company on a trajectory to exceed EUR 1 billion for the year.

Key takeaways
  • Refining margins benefited from low commodity prices and a supply-led product shortage, supporting healthy operational performance.
  • The consolidated operations of Enerwave contributed significantly, marking a record for the marketing segment in Greece and internationally.
  • A strong interim dividend of EUR 0.20 per share indicates management's confidence in the company’s outlook.
  • The upcoming Thessaloniki-Skopje pipeline and growth in the green utility segment signal a strategic expansion into new markets.
  • Successful participation in joint ventures with ExxonMobil and Chevron boosts HELLENiQ’s credibility in offshore exploration and enhances its E&P portfolio.