Deutsche Rohstoff AG Boosts 2026/2027 Forecasts and Expands Drilling Program

Deutsche Rohstoff AG has revised its 2026 and 2027 revenue and EBITDA guidance upwards due to higher-than-expected oil production. The company expects 2026 revenue to reach EUR 300 to 320 million and EBITDA to soar to EUR 380 to 400 million. These figures are based on higher output from wells and the addition of six more wells to its drilling program.

The company expects oil production for 2026 to increase significantly. As a result, annual production is forecasted between 18,500 and 20,000 BOEPD. The drilling expansion is led by 1876 Resources, with six additional wells planned for 2026. This brings the total to 32 gross wells.

Despite higher capital expenditures, expected to rise to EUR 320 million in 2026, the company remains optimistic about achieving higher production volumes. However, an impairment charge on wells in Colorado will decrease the half-year result by EUR 15 million due to higher costs and lower production from older wells.