{"id":170084,"date":"2026-08-07T05:30:02","date_gmt":"2026-08-07T05:30:02","guid":{"rendered":"https:\/\/friss-hirek.hu\/index.php\/brutalis-profitot-csinalt-a-mol-tarolt-a-magas-olajaron-hernadi-zsolt-cege\/friss-hirek\/"},"modified":"2026-08-07T05:30:02","modified_gmt":"2026-08-07T05:30:02","slug":"brutalis-profitot-csinalt-a-mol-tarolt-a-magas-olajaron-hernadi-zsolt-cege","status":"publish","type":"post","link":"https:\/\/friss-hirek.hu\/index.php\/brutalis-profitot-csinalt-a-mol-tarolt-a-magas-olajaron-hernadi-zsolt-cege\/uzlet\/","title":{"rendered":"Brut\u00e1lis profitot csin\u00e1lt a Mol, tarolt a magas olaj\u00e1ron Hern\u00e1di Zsolt c\u00e9ge"},"content":{"rendered":"<p><strong>A hazai olajipari \u00f3ri\u00e1snak j\u00f3l j\u00f6tt az ir\u00e1ni h\u00e1bor\u00fa miatti olajpiaci felfordul\u00e1s.<\/strong><\/p><div id=\"friss-3551145639\" class=\"friss-etarget friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div>\n<p>Brut\u00e1lisan er\u0151s negyed\u00e9ven van t\u00fal a Mol, a hazai olajipari v\u00e1llalat jelent\u00e9s\u00e9nek legt\u00f6bb sor\u00e1n hatalmas n\u00f6veked\u00e9st l\u00e1tni, ez pedig els\u0151sorban az elm\u00falt h\u00f3napokban t\u00f6rt\u00e9nelmileg is magas szintekre felfut\u00f3, majd ott le is t\u00e1boroz\u00f3 olaj\u00e1rnak volt k\u00f6sz\u00f6nhet\u0151. <\/p>\n<div class=\"related-post-links\">\n<p>\t\t<span class=\"related-post-links__title minititle\">T\u00f6bb ebb\u0151l<\/span><\/p>\n<div class=\"related-post-links__link-wrapper\">\n\t\t\t\t<a href=\"https:\/\/www.forbes.hu\/penz\/otp-befektetes-hormuz\/\" class=\"related-post-links__link\">Ezeket a r\u00e9szv\u00e9nyeket szeretik a profik az ir\u00e1ni h\u00e1bor\u00fa \u00e1rny\u00e9k\u00e1ban<\/a>\n\t\t\t<\/div>\n<div class=\"related-post-links__link-wrapper\">\n\t\t\t\t<a href=\"https:\/\/www.forbes.hu\/penz\/gyorsjelentes-elozetes-money\/\" class=\"related-post-links__link\">Itt a ny\u00e1r legfontosabb hete, \u00edt\u00e9letet mond a piac a magyar t\u0151zsde nagyjai felett<\/a>\n\t\t\t<\/div>\n<\/div>\n<p>A Mol <\/p>\n<ul class=\"wp-block-list\">\n<li>\u00e9rt\u00e9kes\u00edt\u00e9si nett\u00f3 \u00e1rbev\u00e9tele 32%-kal 2909 milli\u00e1rd forintra, <\/li>\n<li>EBITDA-ja 109%-kal 456,8 milli\u00e1rdra, <\/li>\n<li>az elemz\u0151k \u00e1ltal a c\u00e9gn\u00e9l legink\u00e1bb figyelt \u00fajrabeszerz\u00e9si \u00e1rakkal becs\u00fclt \u201etiszta\u201d EBITDA 64%-kal 401,7 milli\u00e1rdra, <\/li>\n<li>az egy r\u00e9szv\u00e9nyre jut\u00f3 eredm\u00e9ny pedig 540%-kal, 326 forintra <\/li>\n<\/ul>\n<p><a href=\"https:\/\/molgroup.info\/storage\/documents\/publikaciok\/negyedeves_jelentesek\/2026\/molgroup-report-2026h1-hun.pdf\">ugrott meg<\/a> Q2-ben. <\/p>\n<div class=\"highlighted-text\">\n<p>\t\t<span class=\"highlighted-text__title minititle\">Err\u0151l sz\u00f3l m\u00e9g a cikk<\/span><\/p>\n<div class=\"highlighted-text__content\">\n<ul>\n<li>Mekkora profitot csin\u00e1lt a Mol az els\u0151 f\u00e9l\u00e9vben?<\/li>\n<li>Mi lesz a megsz\u0171n\u0151 \u00daj Eur\u00f3pa Alap\u00edtv\u00e1ny r\u00e9szv\u00e9nyvagyon\u00e1val?<\/li>\n<li>Hogy teljes\u00edt az \u00fcvegvisszav\u00e1lt\u00e1ssal f\u00e9mjelzett k\u00f6rk\u00f6r\u00f6s gazd\u00e1lkod\u00e1si szegmens?<\/li>\n<\/ul><\/div>\n<\/div>\n<div class=\"post-content-soft-paywall\">\n<p>Az er\u0151s eredm\u00e9nyt upstream oldalon a 93 doll\u00e1ros \u00e1tlagos hord\u00f3nk\u00e9nti olaj\u00e1r t\u00e1mogatta a k\u00f6zlem\u00e9ny szerint, a finom\u00edt\u00f3i oldalon pedig az, hogy a Bar\u00e1ts\u00e1g k\u0151olajvezet\u00e9ken imm\u00e1ron helyre\u00e1llt a sz\u00e1ll\u00edt\u00e1s, \u00edgy zavartalann\u00e1 v\u00e1lt az olaj \u00fatja az \u00fatvonalon. <\/p>\n<p>\u00c9rdemes azonban egyet h\u00e1tr\u00e9bb l\u00e9pni, \u00e9s a Mol els\u0151 f\u00e9l\u00e9ves sz\u00e1mait is megn\u00e9zni, a Q1 piaci \u00e9s m\u0171k\u00f6d\u00e9si k\u00f6rnyezete ugyanis j\u00f3csk\u00e1n elt\u00e9rt a Q2-t\u0151l, m\u00e1r csak a Bar\u00e1ts\u00e1g k\u0151olajvezet\u00e9k, majd az olajpiaci turbulenci\u00e1k ok\u00e1n is.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>A Mol az els\u0151 f\u00e9l\u00e9vben 1,2 milli\u00f3 doll\u00e1ros (380 milli\u00e1rd forintos) ad\u00f3z\u00e1s el\u0151tti eredm\u00e9nyt \u00e9rt el, nett\u00f3 eredm\u00e9nye pedig 908 milli\u00f3 doll\u00e1ron (288 milli\u00e1rd forint) \u00e1llt meg \u2013 ut\u00f3bbi soron ez 83%-os \u00e9ves n\u00f6veked\u00e9st jelent. <\/p>\n<\/blockquote>\n<p>Az els\u0151 negyed\u00e9v gyeng\u00e9bb id\u0151szaka <a href=\"https:\/\/molgroup.info\/storage\/documents\/publikaciok\/negyedeves_jelentesek\/2026\/presentation-of-results-2026h1.pdf\">ellens\u00falyozta<\/a> ugyanis a m\u00e1sodik, er\u0151s peri\u00f3dust. Az els\u0151 f\u00e9l\u00e9ves adatok az al\u00e1bbiak szerint alakultak:<\/p>\n<ul class=\"wp-block-list\">\n<li>\u00e9rt\u00e9kes\u00edt\u00e9si nett\u00f3 \u00e1rbev\u00e9tele 4 926 milli\u00e1rd forint, +13%,<\/li>\n<li>EBITDA 677 milli\u00e1rd forint, +27%, <\/li>\n<li>\u00fajrabeserz\u00e9si \u00e1rakkal becs\u00fclt \u201etiszta\u201d EBITDA 606,8 milli\u00e1rd forint, +8%,<\/li>\n<li>az egy r\u00e9szv\u00e9nyre jut\u00f3 eredm\u00e9ny 377,8 forint, +49%.<\/li>\n<\/ul>\n<p>A <a href=\"https:\/\/molgroup.info\/storage\/documents\/publikaciok\/negyedeves_jelentesek\/2026\/press-release-2026q2-hun.pdf\">k\u00f6zlem\u00e9nyben<\/a> fontos elem m\u00e9g, hogy sz\u00e1zhalombattai Dunai Finom\u00edt\u00f3 AV3-as \u00fczem\u00e9ben 2025. okt\u00f3ber 21-\u00e9n \u00e9jjel bek\u00f6vetkezett t\u0171zesethez kapcsol\u00f3d\u00f3 biztos\u00edt\u00e1si k\u00e1rt\u00e9r\u00edt\u00e9s els\u0151, 100 milli\u00f3 doll\u00e1r \u00f6sszeg\u0171 r\u00e9szlete be\u00e9rkezett, a helyre\u00e1ll\u00edt\u00e1si munk\u00e1latok v\u00e1rhat\u00f3an szeptemberben fejez\u0151dnek be a c\u00e9g szerint. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>A Mol k\u00f6zlem\u00e9ny\u00e9ben tov\u00e1bb\u00e1 kiemelte, hogy a MOL \u00daj Eur\u00f3pa Alap\u00edtv\u00e1ny megsz\u0171nik, \u00e9s a MOL-r\u00e9szv\u00e9nyek 5,2%-a visszaker\u00fcl saj\u00e1t r\u00e9szv\u00e9nyk\u00e9nt a v\u00e1llalathoz.<\/p>\n<\/blockquote>\n<p>A Mol k\u00f6rk\u00f6r\u00f6s gazd\u00e1lkod\u00e1si \u00fczlet\u00e1ga pedig ism\u00e9t EBITDA-pozit\u00edv tudott maradni, a tavalyi els\u0151 f\u00e9l\u00e9ves 2 milli\u00f3 doll\u00e1ros \u00e9rt\u00e9ket 37-re tudt\u00e1k torn\u00e1szni az id\u00e9n, amib\u0151l 6 milli\u00f3 doll\u00e1r maradt meg EBIT-k\u00e9nt, 14 milli\u00f3 doll\u00e1r pedig el is ment tov\u00e1bbi kutat\u00e1s-fejleszt\u00e9sre. <\/p>\n<p>A Mol r\u00e9szv\u00e9nye val\u00f3s\u00e1ggal sz\u00e1rnyra kapott az id\u00e9n, k\u00f6zel 60%-ot er\u0151s\u00f6d\u00f6tt a pap\u00edr 2026-ban, ahogy a befektet\u0151k be\u00e1razt\u00e1k a r\u00e9szv\u00e9nybe az olajpiaci turbulencia hat\u00e1s\u00e1t. Az elemz\u0151k c\u00e9l\u00e1rkonszenzusa 4 410 forint a pap\u00edrra, \u00edgy valamivel felette j\u00e1r m\u00e1r a jelenlegi szintek mellett a kurzus.<\/p>\n<figure class=\"wp-block-image size-large\">\n<div class=\"photo-credit-wrapper\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cdn.forbes.hu\/uploads\/2026\/08\/MOL_2026-08-07_07-07-15.webp?r=eyJ3IjoxNTAwLCJxIjo5MCwicyI6InBuZyJ9\" alt=\"\" class=\"wp-image-793600\" \/><\/div>\n<\/figure>\n<\/div>\n<div><\/div>\n<div class=\"premium-blocker premium-blocker--hu\" data-needed=\"authenticated\" data-current=\"[&quot;free&quot;]\">\n<div data-needed=\"authenticated\"><\/div>\n<\/div>\n<p>\t\t<!-- No email blocks found --><\/p>\n<p>The post <a href=\"https:\/\/www.forbes.hu\/penz\/mol-q2-2026\/\">Brut\u00e1lis profitot csin\u00e1lt a Mol, tarolt a magas olaj\u00e1ron Hern\u00e1di Zsolt c\u00e9ge<\/a> appeared first on <a href=\"https:\/\/www.forbes.hu\/\">Forbes.hu<\/a>.<\/p><div id=\"friss-2418987167\" 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id=\"friss-1503837905\" class=\"friss-after-content_3 friss-entity-placement\">https:\/\/www.youtube.com\/watch?v=Pdnw4KiUWp0<\/div>","protected":false},"excerpt":{"rendered":"<p>A hazai olajipari \u00f3ri\u00e1snak j\u00f3l j\u00f6tt az ir\u00e1ni h\u00e1bor\u00fa miatti olajpiaci felfordul\u00e1s. Brut\u00e1lisan er\u0151s negyed\u00e9ven van t\u00fal a Mol, a hazai olajipari v\u00e1llalat jelent\u00e9s\u00e9nek legt\u00f6bb sor\u00e1n hatalmas n\u00f6veked\u00e9st l\u00e1tni, ez pedig els\u0151sorban az elm\u00falt h\u00f3napokban t\u00f6rt\u00e9nelmileg is magas szintekre felfut\u00f3, majd ott le is t\u00e1boroz\u00f3 olaj\u00e1rnak volt k\u00f6sz\u00f6nhet\u0151. T\u00f6bb ebb\u0151l Ezeket a r\u00e9szv\u00e9nyeket szeretik a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-170084","post","type-post","status-publish","format-standard","hentry","category-uzlet"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/170084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/comments?post=170084"}],"version-history":[{"count":0,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/170084\/revisions"}],"wp:attachment":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/media?parent=170084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/categories?post=170084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/tags?post=170084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}