ORLEN reaches full Energa ownership as Energa stock faces delisting

Published on 10/14/2026 at 01:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ORLEN acquired 32,299,946 shares on October 5 and now holds 100.00 percent of Energa. Energa stock has results on November 5, 2026.

Energa ownership and reporting date

On October 6, 2026, ORLEN held 100.00 percent of Energa after the compulsory buyout.
Energa will publish its third-quarter 2026 report on November 5, 2026.
Revenue reached PLN 11.2 billion in the first half of 2026, up 3.00 percent year over year.

Energa, PLENERG00022, Illustration mit AI erstellt.

ORLEN reached 100.00 percent ownership of Energa after acquiring 32,299,946 shares in the compulsory buyout on October 5, 2026. The transaction leaves Energa stock facing the end of its public-market life, a process Business Insider described on September 24, 2026.

Three ownership milestones

On September 23, 2026, ORLEN said it controlled 95.23 percent of Energa shares and 96.06 percent of voting rights, while setting the compulsory buyout price at PLN 27.60 per share, according to Business Insider. On October 2, 2026, Energa moved its third-quarter reporting date from November 19 to November 5, as GPW Alert reported. On October 6, 2026, a regulatory notice said ORLEN held 690,111,856 shares, representing 100.00 percent of Energa's capital and voting rights, according to Parkiet.

What does full ownership change?

The ownership change shifts the key question from daily trading to the timetable for removing Energa from public trading. Business Insider said the compulsory buyout was intended to cover all remaining shareholders and that the operation would be followed by withdrawal from the exchange.

Energa's operating figures provide the financial context. In the first half of 2026, revenue reached PLN 11.2 billion, up 3.00 percent year over year, while EBITDA rose 25.00 percent to PLN 2.7 billion and net income increased 56.00 percent to PLN 1.3 billion, according to Business Insider. Distribution, renewable energy development and sales to business customers supported the result.

Reporting date moves to November 5

Energa's next scheduled reporting event is the third-quarter 2026 report on November 5, 2026. The earlier date brings the publication forward by 14 days from the original November 19 schedule, giving the report a defined place in the final stage of the ownership transition.