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:
D'amico International Shipping Sa
sales of 275.72 million Euros [US$328.62 million]
of which 100%
was Transportation services of refined petro),
Ocean Yield ASA
(1.95 billion Norwegian Kroner [US$228.19 million]
of which 30%
was Tankers), and
Rosetti Marino SpA
based in ITALY
(192.00 million Euros [US$228.85 million]
of which 85%
was Oil and Gas).
Sales levels dropped significantly in the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Petro Welt Technologies AG totalled
45.22 million Euro.
This is a drop of 46.7%
from the 84.85 million Euro in sales at the company during the first quarter in 2020.
This was the biggest quarterly decline in sales at Petro Welt Technologies AG in the previous 34 quarters.
During the year ended December of 2020, sales at
Petro Welt Technologies AG were 252.30 million Euro (US$300.71 million).
decrease of 15.5%
versus 2019, when the company's sales were 298.42 million Euro.
Contributing to the drop in overall sales was the 21.3% decline
in Proppant Production, from 11.19 million Euro to 8.80 million Euro.
There were also decreases in sales in
Drilling Sidetracking Ipm (down 11.1% to 131.30 million Euro)
Well Service (down 19.6% to 112.20 million Euro)