Gazprom neft

Gazprom neft

MMOEX:SIBN
569.65
RUB
+3.20
(+0.56%)
5.11P/E
Nov 18Next Earn
2009 Y
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
TTM
Revenue per Share
154.35
213.39
218.27
261.27
268.67
298.48
311.14
327.6
410.04
527.62
526.77
423.83
650.37
650.37
Basic EPS, GAAP
19.24
20.43
33.99
37.37
37.71
25.88
23.24
42.43
53.68
79.84
84.82
24.95
106.71
106.71
Free Cash Flow per Basic Share
22.19
34.95
10.62
16.65
14.44
2.68
-13.54
-13.46
13.69
33.32
25.23
9.19
99.52
99.52
Dividend per Share
5.98
4.72
6.18
7.3
13.42
9.91
7.7
0.55
10.68
15
48.14
19.82
15
15
Book Value per Share
103.16
114.97
144.53
175.79
201.91
225.89
244.06
288.27
329.2
390.01
436.03
441.85
497.69
497.69
Tangible Book Value per Share
94.75
106.65
133.97
165.22
190.17
210.79
228.22
273.4
313.48
373.02
417.25
417.95
471.78
471.78
Basic Weighted Avg Shares
4,718
4,718
4,718
4,718
4,718
4,718
4,718
4,718
4,718
4,718
4,718
4,718
4,718
4,718
Sales/Revenue/Turnover
728,221
1,006,791
1,029,803
1,232,649
1,267,603
1,408,238
1,467,943
1,545,608
1,934,589
2,489,292
2,485,308
1,999,620
3,068,442
3,068,442
Operating Margin (%)
14.78
14.2
20.23
18.07
17.89
15.6
14.04
15.42
15.64
18.35
17.97
7.26
18.29
18.29
Depreciation Expense
44,448
50,444
55,799
69,163
76,785
85,951
114,083
129,845
140,998
175,451
181,372
222,151
228,058
228,058
Net Income, GAAP
90,794
96,390
160,362
176,296
177,917
122,093
109,661
200,179
253,274
376,667
400,201
117,699
503,445
503,445
Effective Tax Rate (%)
20.94
19.65
19.26
17.76
17.37
13.17
20.11
19.19
17.07
16.48
16.88
15.92
17.95
17.95
Profit Margin (%)
12.47
9.57
15.57
14.3
14.04
8.67
7.47
12.95
13.09
15.13
16.1
5.89
16.41
16.41
Working Capital
28,959
72,575
132,162
158,766
225,160
220,194
161,680
106,880
-56,748
100,807
257,154
-24,129
-148,250
-148,250
LT Debt
125,418
149,424
176,990
166,447
261,455
502,306
670,779
596,221
569,480
708,184
762,898
822,226
634,244
634,244
Total Equity
562,212
609,964
729,094
869,929
998,021
1,129,785
1,248,489
1,444,167
1,659,133
1,991,819
2,213,197
2,262,447
2,538,193
2,538,193
Return on Invested Capital (%)
13.16
14.47
18.54
17.08
14.86
12.3
8.54
8.94
10.81
14.27
12.35
3.84
13.56
13.56
Return on Capital (%)
15.26
12.29
18.31
17.13
14.71
8.7
6.93
10.43
11.5
14.37
13.96
4.51
15.63
15.63
Return on Common Equity (%)
20.19
18.73
26.2
23.33
19.97
12.1
9.87
15.9
17.39
22.2
20.54
5.68
22.71
22.71

Capital Structure

RUB

•

in mil. unless spec.
Jun'21
Sep'21
Dec'21
ST Debt
77,539
158,914
193,233
LT Borrowings
663,165
553,366
553,342
LT Finance Leases
77,616
80,559
80,902
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,718
4,718
4,718
Market Capitalization
2,047,612
2,231,614
2,570,366

Working Capital

RUB

•

in mil. unless spec.
Jun'21
Sep'21
Dec'21
Total Current Assets
976,287
1,138,234
1,215,535
Cash, Cash Equivalents & STI
345,654
456,046
574,524
Accounts Receivable, Net
166,470
172,770
181,277
Inventories
270,770
297,378
229,900
Total Current Liabilities
983,440
1,142,819
1,363,785
Payables & Accruals
- -
- -
- -
ST Debt
77,539
158,914
193,233
Deferred Revenue
- -
- -
- -

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.39%
12.09%
12.19%
Free Cash Flow
19.31%
167.38%
983.14%
Net Income, GAAP
39.05%
67.73%
327.74%
Sales/Revenue/Turnover
13.07%
17.52%
53.45%
Total Cash Common Dividend
197.82%
403.5%
-24.31%

Quarterly Revenue

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
610,980
726,780
823,790
906,892
3,068,442
2022
- -
821,617
- -
- -
- -

Quarterly Earnings Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
17.84
28.21
29.62
- -
106.71
2022
- -
29.69
- -
- -
- -

Quarterly Dividends Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
5
- -
10
- -
15
2022
- -
- -
- -
- -
- -

Company Description

CEO
Alexander Valerevich Dyukov
Full Time Employees
70,648
Sector
Energy minerals
Industry
Integrated oil
Address
3-5, Pochtamtskaya Street St. Petersburg SP Russian Federation 190000
IPO Date
Jan 5, 2000
Business
PJSC Gazprom Neft operates as a vertically integrated oil company primarily engaged in the exploration, development, production, refining, and marketing of crude oil, natural gas, and refined petroleum products; its upstream segment encompasses oil and gas exploration, production, and sales through subsidiaries such as Gazpromneft-Noyabrskneftegaz, Gazpromneft-Khantos, and Gazpromneft-Vostok, alongside joint ventures including Slavneft, Tomskneft, Salym Petroleum Development, and Arktikgaz; the downstream segment includes refining at facilities like the Omsk Refinery, Moscow Refinery, and Yaroslavl Refinery in Russia, as well as Pančevo and Novi Sad refineries in Serbia via Naftna Industrija Srbije (NIS), with production and distribution of fuels, lubricants, and specialty products under brands such as G-Drive, G-Energy, Gazpromneft, SibiMotor, and Texaco; additional services cover bunkering through Gazpromneft Marine Bunker, aviation fuel via Gazpromneft-Aero, and retail operations across approximately 1,600 filling stations in Russia, the CIS, and the Balkans. The company, founded in 1995 as Sibneft and renamed Gazprom Neft in 2006 following Gazprom's acquisition of a majority stake (currently holding about 96%), maintains headquarters in St. Petersburg, Russia, with primary operations in key Russian regions including Yamalo-Nenets and Khanty-Mansi autonomous areas, Omsk, Tomsk, Tyumen, and Irkutsk, alongside international assets in Serbia, Iraq (Badra field development), Kurdistan (Garmian, Shakal, Halabja projects), Angola, Venezuela, Cuba, and historically Italy. Recent developments feature revenue growth of 16.5% to RUB 4.1 trillion in 2024, acquisitions including Repsol's Russian assets (Eurotek-Ugra and ASB Geo) and Shell's stake in Gydan Energy in 2022, a joint venture with Lukoil via the sale of 50% in Meretoyakhaneftegaz in late 2021 for Nadym-Pur-Tazovsky cluster development, and completion of STS-Service acquisition from Malka Oil along with a Kazakhstan retail chain purchase, though facing intensified US sanctions in January 2025 targeting Gazprom Neft and subsidiaries amid broader Russian energy sector measures.