OMV is upgraded to a "Buy," driven by dividend upside from its chemicals joint venture, Borouge International. Despite lackluster growth in core segments and limited EBITDA upside, OMV's dividend yield could exceed 10%, underpinned by a $1 billion annual floor from Borouge. Q1 2026 earnings highlighted energy and fuel headwinds due to supply disruptions and hedging losses, while chemicals deliv...
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