Equity Brief · Energy2026-09-01
SNG.RO·Energy

Next reporting 13 Nov 2026

S.N.G.N Romgaz Medias

I · AI Analysis

The brief

Romgaz explores for and produces natural gas and crude oil in Romania, operates underground gas storage facilities, and generates electricity. The company also provides well maintenance, logistics, and technical services across its energy operations.

S.N.G.N Romgaz is a Romanian state-controlled natural gas producer that extracts, stores, and supplies gas while also generating electricity. The company just completed a 69 million euro acquisition of Azomureș, a fertilizer plant it plans to restart in early 2027 [informat.ro], marking a strategic expansion beyond its core energy business. With trailing twelve-month revenue of RON 7.7 billion and net income of RON 3.4 billion, Romgaz maintains strong profitability despite a 6.6% revenue decline [Yahoo Finance].

Romgaz is financially healthy with strong margins and minimal debt, though revenue has contracted and free cash flow turned negative.

The brief AI analysisConfidence 7/10

Sentinellis health

Financially healthy

8.1/10

7.5+ strong · 4.5–7.5 moderate · under 4.5 weak

Profitability

14% of score10.0/10
Net margin+44.2%Gross margin+99.6%

Returns on capital

14% of score10.0/10
ROIC+20.2%Return on equity+20.4%

Growth & momentum

19% of score5.0/10
Revenue growth-6.6%· need > +5% YoYOperating margin trend+2.3pp YoY

Balance sheet

29% of score10.0/10
Current ratio2.6xNet debt / EBITDA-0.0xInterest coverage43.6xDebt / equity0.32

Cash generation

14% of score3.3/10
Free cash flowRON -104.9M· need positiveCash vs reported profitRON 3.7B vs RON 3.4B

Value creation

10% of score10.0/10
ROIC vs cost of capital+14.4pp

Sentinellis calculation from the published statements — not a score reported by any data source. Each category is scored on the checks that had data; missing inputs are excluded rather than counted as failures.

Market capitalisation

RON 66.7B

Revenue (TTM)

RON 7.7B

II · Recent news

What moved

6 stories · ranked by relevance

  • company2026-09-01

    Romania's Romgaz completes 69 mln euro Azomures acquisition - SeeNews

    SeeNews

  • company2026-08-31

    Azomureș revine în producție. Combinatul de îngrășăminte va fi repornit de Romgaz - money.ro

    money.ro

  • company2026-08-31

    ROMGAZ finalizes the acquisition of AZOMUREȘ: The production of fertilizers will restart in the first quarter of 2027 - Informat.ro

    informat.ro

  • company2026-08-31

    Romgaz va prelua oficial Azomureș în zilele următoare. Bolojan anunță când va reporni combinatul - Digi24

    Digi24

  • company2026-08-31

    ULTIMA ORĂ Bolojan: Noua centrală de la Iernut a Romgaz va intra în probe la iarnă și va trebui să funcționeze la capacitate în primul trimestru al anului viitor - profit.ro

    profit.ro

  • company2026-08-31

    Romgaz nu scapă de spanioli nici la restul de 4% de executat la termocentrala Iernut - Economedia

    Economedia

Premium · Free with any account

Revenue declined 6.6% year-over-year through June 2026, signaling weaker demand or pricing pressure in the company's core gas business [Yahoo Finance].

1 of 6 risks in this report

Risks

6

Opportunities

5

Red flags

3

Leadership

10

13 more findings in the full report — free with any account.

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Produced 01 Sept 2026, 08:59 UTC

Figures come from company filings and market data. The Sentinellis health score and the wording attached to it are our interpretation of those figures, not numbers the company reported.

Not investment advice and not a recommendation to buy or sell. Sentinellis holds no positions in the companies it covers, takes no payment from issuers, and has no broker referral arrangements.

How every figure and score is calculated