surgutneftegaz-sp adr pref (SGTPY) Key Developments
Open Joint Stock Company Surgutneftegas, Board Meeting, Apr 18, 2015
Apr 16 15
Open Joint Stock Company Surgutneftegas, Board Meeting, Apr 18, 2015. Agenda: To discuss the holding annual general shareholders' meeting; to convene and settle the date, venue, and time for the annual general shareholders' meeting; to approve the agenda of the annual general shareholders' meeting; to settle the date of compiling the list of persons entitled to participate in the annual general shareholders' meeting; and to approve the text of the notice for shareholders about the annual general shareholders' meeting.
OJSC Surgutneftegas Announces Oil Production Results for the First Quarter Ended March 2015
Apr 8 15
OJSC Surgutneftegas announced oil production results for the first quarter ended March 2015. For the period, the company increased oil production at fields in Yakutia by 12% year-on-year to 2.03 million tonnes. The total oil production of the company for the reporting period was 15.153 million tonnes, which is slightly more than 15.106 million tonnes in the first quarter of 2014. For the three months of 2015, the company produced 2.393 million cubic meteres of gas. The drilling of wells by the company itself in January-March was completed in the amount of more than 1.038 million meters of rock including exploration drilling, 58,900 meters.
Surgutneftegas to Invest RUB 115 Billion in Geological Exploration by 2020
Apr 2 15
Surgutneftegas to invest RUB 115 billion in geological exploration by 2020. In 2014, the company invested RUB 18.4 billion in geological exploration.
Surgutneftegas Announces Earnings Results for the Year 2014
Mar 30 15
Surgutneftegas announced earnings results for the year 2014. The net profit of Surgutneftegas increased 3.5 times and amounted to RUB 891.68 billion (approx. USD 15.45 billion) in 2014 against RUB 256.52 billion (approx. USD 4.44 billion) in 2013, as calculated under Russian Accounting Principles (RAP). The company's revenue went up 5.9% to RUB 862.60 billion (approx. USD 14.94 billion) in the respective accounting period compared to RUB 814.19 billion (approx. USD 14.10 billion) year-on-year. The pre-tax profit increased 3.4 times year-on-year to RUB 1.07 trillion (approx. USD 18.54 billion). Gross profit fell 10% to RUB 241.29 billion and operating profit fell 11% to RUB 176.85 billion.
Surgutneftegas Reports Operating Results for First Month of 2015
Feb 10 15
Surgutneftegas reported operating results for the month January 2015. In January 2015, the company produced 5,212,800 tonnes of crude oil. Within the first month of 2015, crude output in the republic of Sakha (Yakutia) reached 687,900 tonnes, a 11% increase from January last year. In January 2015, overall gas production amounted to 826 million cubic meters. For the year to date, in-house drilling reached 342,500 meters of rock including exploratory drilling amounting to 22,500 meters.