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Last $0.61 USD
Change Today 0.00 / 0.00%
Volume 0.0
SLAV On Other Exchanges
As of 11:45 AM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

slavneft oil & gas co-brd (SLAV) Snapshot

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slavneft oil & gas co-brd (SLAV) Details

Open Joint-Stock Oil and Gas Company Slavneft, together with its subsidiaries, explores, develops, produces, refines, and sells oil in the Russia Federation. It holds licenses for oil and gas prospecting, exploration, and production in 31 subsoil areas in Western Siberia and the Krasnoyarsk region. The company was founded in 1994 and is based in Moscow, the Russian Federation. Open Joint-Stock Oil and Gas Company Slavneft is a subsidiary of OOO Invest-Oil.

Founded in 1994

slavneft oil & gas co-brd (SLAV) Top Compensated Officers

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Compensation as of Fiscal Year 2015.

slavneft oil & gas co-brd (SLAV) Key Developments

Slavneft Reports Earnings Results for the Second Quarter of 2015

Slavneft reported earnings results for the second quarter of 2015. For the quarter, the company reported net profit amounted to RUB 6.523 billion, which was level with the same period of last year. The company's revenue rose 10% to RUB 60.97 billion. Operating profit rose 27% to RUB 11.144 billion. Pretax profit rose 8% to RUB 12.861 billion.

Slavneft Omits Dividends for 2014

The shareholders of Slavneft has decided not to pay dividends due to the company's having posted losses of RUB 6.3 billion in 2014 and it will not announce dividends for ordinary shares. For 2013 Slavneft increased dividend payments 6.6-fold in comparison with 2012 to RUB 11.838 billion (66% of profit to Russian Accounting Standards (RAS)).

Slavneft Announces Executive Changes, Effective July 1, 2015

The board of directors of Slavneft appointed Vice President for oil production and geology Mikhail Osipov to a three-year term as company president at a meeting on June 29. Osipov, whose appointment is effective from July 1, 2015, replaces Yury Sukhanov, whose resignation was accepted at the board of directors meeting. Sukhanov is stepping down after 13 years in the top job at Slavneft.


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