Deutsche Rohstoff AG Q2 Revenue and EBITDA Surge

In recent research, First Berlin Equity Research GmbH has reiterated a BUY recommendation for Deutsche Rohstoff AG, with an increased target price of €125. The firm's Q2 2026 results showcased a significant 52.8% rise in revenue, reaching €66.1 million, up from €43.2 million in the same quarter of 2025. This growth was propelled by a 23.5% increase in oil volume and a 38.9% rise in the realised oil price after hedging. EBITDA also saw a substantial increase, hitting €79.2 million compared to €27.3 million in the previous year.

The company's results were further boosted by a €31.3 million profit from the sale of Almonty shares, with the first half of 2026 seeing a total gain from these shares amounting to €128.5 million. Deutsche Rohstoff AG plans to enhance production significantly by the end of the year, aiming to bring 23 additional gross wells into operation.