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:
Gaztransport and hnigaz SA
sales of 288.22 million Euros [US$342.31 million]
of which 95%
was Revenue Provided by Royalties),
D'amico International Shipping Sa
(316.29 million Euros [US$375.64 million]
of which 100%
was Product Tanker), and
Rosetti Marino SpA
based in ITALY
(316.83 million Euros [US$376.28 million]
of which 85%
was Oil and Gas).
During the year ended December of 2019, sales at
Petro Welt Technologies AG were 298.42 million Euro (US$354.42 million).
increase of 8.1%
versus 2018, when the company's sales were 275.99 million Euro.
Despite this increase, sales are still
below the level achieved in 2017, when Petro Welt Technologies AG
reported sales of 353.02 million Euro.
Sales of Drilling Sidetracking Ipm saw an increase
that was more than double the company's growth rate: sales were up
33.2% in 2019, from
110.89 million Euro to 147.65 million Euro.
Not all segments of Petro Welt Technologies AG experienced an increase in sales in 2019:
sales of Well Service fell 9.5% to 139.59 million Euro.