The MOL Group achieved a profit of 786 million dollars in Q2 2026, supported by high oil and natural gas prices.

The MOL Group reported a post-tax profit of 786 million dollars in the second quarter of 2026, due to high prices of crude oil and natural gas, as well as exceptional refining and petrochemical margins.

Zsolt Hernádi, the CEO of the group, emphasized the volatility of 2026 but highlighted MOL's ability to adapt and diversify its supply portfolio. The Upstream segment benefited from favorable prices, with an average price of 93 dollars/barrel of oil equivalent, despite the halt of activities in Kurdistan. The Downstream segment showed improved results, but the Consumer Services division suffered due to fuel price cap regulations.

The MOL Group maintained a solid financial position, with an operational cash flow of 1.9 billion dollars in the first half of the year. Key events include the acquisition of Shell's subsidiary in Cyprus and the signing of an agreement with the Republic of Serbia regarding NIS. The group continues to prioritize the safety of its operations, following a tragic incident at the Tiszaújváros plant.