Petro Welt Technologies AG operates within the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Petro Welt Technologies AG with three other
Oil and Gas Field Services in Europe:
Solstad Offshore ASA
sales of 3.66 billion Norwegian Kroner [US$431.99 million]
of which 64%
was Construction Service Vessels (CSV)),
Ocean Yield ASA
(2.08 billion Norwegian Kroner [US$246.04 million]
of which 54%
was FPSO), and
D'amico International Shipping Sa
based in Italy
(376.15 million Euro [US$406.21 million]
of which 100%
was Product Tanker).
During the year ended December of 2015, sales at
Petro Welt Technologies AG were 322.48 million Euro (US$348.24 million).
decrease of 21.6%
versus 2014, when the company's sales were 411.51 million Euro.
Contributing to the drop in overall sales was the 24.4% decline
in Drilling Sidetracking Ipm, from 194.00 million Euro to 146.69 million Euro.
There were also decreases in sales in
Well Service (down 19.5% to 174.40 million Euro)
However, these declines were partially offset by the increase in sales of
Reconciliation (up 52.8% to 1.39 million Euro)