Equity Brief · Energy2026-09-14
RRC.RO·Energy

Rompetrol Rafinare S.A.

I · AI Analysis

The brief

Rompetrol Rafinare refines crude oil into fuels (gasoline, diesel, jet fuel) and specialty products (bitumen, solvents, LPG) at two Romanian refineries, manufactures petrochemical polymers (polypropylene, polyethylene), and distributes fuels through a national retail network [Yahoo Finance].

Rompetrol Rafinare S.A. operates petroleum refineries and petrochemical plants in Romania, producing fuels, polymers, and specialty products through its Petromidia and Vega refineries [Yahoo Finance]. The company recently completed a 200% share-price rally over nine trading sessions before profit-taking pulled shares back [Ziarul Financiar], and it remains among Romania's top exporters [Ziarul Amprenta]. Financial health is moderate with a 4.7/10 score, reflecting negative free cash flow and an Altman Z-score of 1.9 that signals elevated distress risk [Sentinellis calculation].

The company is profitable but burning cash and carrying distress-level leverage metrics.

The brief AI analysisConfidence 6/10

Sentinellis health

Moderate concerns

4.7/10

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

Profitability

18% of score0.0/10
Net margin+2.2%· need ≥ 4.8%, the lower third of Energy in our libraryGross margin+10.9%· need ≥ 21.7%, the lower third of Energy in our library

Returns on capital

18% of score10.0/10
ROIC+12.1%Return on equity+20.8%

Growth & momentum

12% of score10.0/10
Revenue growth+43.7%Operating margin trend· no data

Balance sheet

35% of score5.0/10
Current ratio0.8x· need > 1.2xNet debt / EBITDA1.8xInterest coverage3.5xDebt / equity3.30· need < 1.5

Cash generation

18% of score0.0/10
Free cash flowRON -50.9M· need positiveCash vs reported profitRON 267.9M vs RON 492.2M· need OCF > net income

Value creation

no data
ROIC vs cost of capital· no data

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 5.8B

Revenue (TTM)

RON 22.1B

II · Recent news

What moved

6 stories · ranked by relevance

  • company2026-09-03

    Rompetrol Rafinare modernizes storage infrastructure at Petromidia refinery - The Diplomat Bucharest

    The Diplomat Bucharest

  • company2026-09-03

    Rompetrol Rafinare investește în modernizarea și extinderea capacității de stocare a rafinăriei Petromidia - Mediafax

    Mediafax

  • company2026-09-03

    Rompetrol Rafinare continuă programul de modernizare a infrastructurii de stocare din Petromidia, care va creşte cu 20%. Program de reabilitare pentru cinci rezervoare - News.ro

    news.ro

  • company2026-09-03

    Romania's Rompetrol Rafinare continues Petromidia refinery storage tank upgrades - SeeNews

    SeeNews

  • company2026-09-10

    Rompetrol Rafinare se menține în topul exportatorilor, conform Institutului Național de Statistică - Ziarul Amprenta

    Ziarul Amprenta

  • company2026-09-08

    Bursă. Încep să se echilibreze cererea şi oferta pentru acţiunile Rompetrol Rafinare, în creştere cu 2 - Ziarul Financiar

    Ziarul Financiar

Premium · Free with any account

Negative free cash flow of RON -50.9 million means the company consumed more cash than operations generated, limiting financial flexibility and raising questions about capital allocation [Sentinellis calculation].

1 of 6 risks in this report

Risks

6

Opportunities

5

Red flags

4

Leadership

2

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

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Produced 14 Sept 2026, 15:15 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