DGAP-News: Deutsche Rohstoff AG / Key word(s): Quarter Results 
Deutsche Rohstoff AG: Strong start into 2021 
2021-05-10 / 07:35 
The issuer is solely responsible for the content of this announcement. 
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Deutsche Rohstoff AG: Strong start into 2021 
Oil production above expectations/High increase in cash and cash equivalents 
Mannheim. Deutsche Rohstoff Group generated net income of EUR 11.7 million in the first quarter (previous year: EUR 0.9 
million). At EUR 17.9 million, sales were also up on the previous year (EUR 16.1 million). EBITDA jumped to EUR 21.3 
million in the first quarter, more than double the previous year's figure (EUR 9.5 million). According to the final 
figures, the consolidated result is even slightly higher than provisionally reported. The quarterly report is now 
available on the Company's website at www.rohstoff.de. 
High revenues and related cash flow from the wells is also reflected in the balance sheet as of 31 March 2021. The 
total of cash, current receivables, and investment and marketable securities reached EUR 70.8 million compared to EUR 
46.9 million at year-end 2020. Accordingly, equity also rose to EUR 61.8 million at the end of the quarter, EUR 17.1 
million higher than at the end of 2020, with the equity ratio reaching 26.7 percent compared with 22.1 percent at 31 
December 2021. 
Higher-than-expected oil production, better prices and realized returns from the equity and bond portfolios were 
responsible for the very good start to 2021. 
Production at the US subsidiaries has been running at full capacity again since the beginning of January. In the first 
quarter, total production was 578,912 barrels of oil equivalent, or 329,309 barrels of oil. In particular, the 
important Olander well produced above expectation. This encouraging trend continued in April. 
In the first quarter, an average price of USD 54.41/barrel was achieved, well above the previous year (USD 37.58/ 
barrel). After hedging losses, the realized price was 48.09 USD/barrel. In contrast to the previous year, however, 
hedging losses of EUR 1.6 million were incurred (previous year: profit of EUR 4.5 million). 
The equity and bond portfolio made a profit contribution of EUR 8.5 million in the first quarter. As already reported, 
the sale of shares in Oasis Petroleum had a particularly positive impact. At the end of April, unrealized gains in the 
portfolio amounted to a further EUR 4.9 million. Currently, around EUR 19 million is still invested in the portfolio. 
For the current year, management expects a significant increase in sales and EBITDA. According to the forecast 
published at the end of April, sales will be between EUR 57 and 62 million and EBITDA between EUR 42 and 47 million. 
The Group result is expected to be clearly positive. For the coming year management expects further growth (see press 
release dated April 26, 2021). 
Mannheim, 10 May 2021 
Deutsche Rohstoff identifies, develops and sells attractive raw material deposits in North America, Australia and 
Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold and tungsten complete 
the portfolio. Further information can be found at www.rohstoff.de 
Contact 
Deutsche Rohstoff AG 
Dr. Thomas Gutschlag, CEO 
Phone +49 621 490 817 0 
info@rohstoff.de 
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2021-05-10 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Deutsche Rohstoff AG 
              Q7, 24 
              68161 Mannheim 
              Germany 
Phone:        0621 490 817 0 
Fax:          0621 490 817 22 
E-mail:       gutschlag@rohstoff.de 
Internet:     www.rohstoff.de 
ISIN:         DE000A0XYG76, DE000A1R07G4, 
WKN:          A0XYG7, A1R07G 
Indices:      Scale 30 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, 
              Stuttgart, Tradegate Exchange 
EQS News ID:  1194251 
 
End of News   DGAP News Service 
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1194251 2021-05-10


 
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May 10, 2021 01:36 ET (05:36 GMT)