MOL traded at 4,644.00 this Wednesday August 5th, decreasing 70.00 or 1.48 percent since the previous trading session. Looking back, over the last four weeks, MOL lost 17.93 percent. Over the last 12 months, its price rose by 54.39 percent. Looking ahead, we forecast MOL to be priced at 4,399.99 by the end of this quarter and at 4,031.92 in one year, according to Trading Economics global macro models projections and analysts expectations.
MOL Magyar Olajes Gazipari Nyrt, formerly known as MOL Plc, is a Hungary-based company active in the oil and gas industry. Its core activities include exploration and production of crude oil, natural gas and gas products; refining, transportation, storage and distribution of crude oil products at both retail and wholesale; transmission of natural gas; and production and sales of petrochemical product, such as gasoline, bitumen, olefin and polymer products, among others. Its business is divided into three divisions: Downstream, operating refineries, petrochemical plants, and filling station network supplied by logistics system; Upstream, comprising exploration and production assets; and Gas Midstream, engaged in gas transmission, storage and trading business. The Company forms a capital group with its subsidiaries, associated companies and joint ventures. It operates in around 40 countries in Europe, the Middle East, Africa and Asia. It operates ENI Romania as a wholly owned subsidiary.