PAO Novatek
NSTKF
Other OTC22.29
USD
- -
- -
Return %
Stock
S&P500
1Y
0.00
19.01
3Y
0.00
65.48
5Y
0.00
72.20
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Leonid Viktorovich Mikhelson
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 22-A, Pobedy Street Tarko-Sale Russian Federation 629850
- IPO Date
- Jan 14, 2021
- Website
- novatek.ru
- Similar Companies
- Business
- PAO Novatek is a leading independent natural gas producer in Russia, primarily engaged in the exploration, production, and sale of natural gas, liquid hydrocarbons, and related products. The company’s core product portfolio includes natural gas; gas condensate; liquefied natural gas (LNG); stable gas liquids such as propane, butane, and pentanes plus; as well as refined petroleum products. Novatek is also involved in LNG production and sales under its Yamal LNG and Arctic LNG 2 projects. The company operates major gas fields primarily in Western Siberia and the Yamal Peninsula and serves customers across Russia, Europe, and Asia. Founded in 1994, Novatek is headquartered in Moscow, Russia. In recent years, Novatek has executed significant strategic expansions, including advancing the development and commissioning of new LNG facilities to boost its liquefied natural gas production capacity aimed at increasing exports globally. The company has formed notable partnerships and joint ventures, particularly in the Arctic LNG sector, involving investments and collaboration with international energy firms. Additionally, Novatek has pursued upstream acquisitions to consolidate its resource base and enhance production volumes. Key operational developments in the last 1-2 years include ramping up Arctic LNG 2 production start-up activities, expansion of export sales, and continued investment in infrastructure to support logistic chains for LNG shipments. Novatek’s business is segmented mainly into natural gas production and supply, LNG production and export, and stable gas liquids and condensate sales. Its customer base includes utilities, industrial consumers, and international energy traders. The company focuses on applying advanced technology for Arctic resource development and maintains a strong position in the Russian gas market with growing global reach in LNG markets. Novatek operates through several subsidiaries and strategic joint ventures, emphasizing its leadership role in Russia's energy sector and increasing presence in the global LNG market. This comprehensive profile reflects Novatek’s core operations, product and service offerings, geographic reach, founding year, headquarters, and recent strategic initiatives that underscore its evolving business footprint in a highly competitive and energy-driven environment.