Public Joint Stock Company Gazprom Neft

MISX-SIBN

Basic

Market Cap
RUB 1,841.44B
EV
RUB 2,146.74B
Shares Out
4,718M
Revenue
RUB 3,519.96B
Employees
—

Margins

Gross
87.87%
EBITDA
30.84%
Operating
20.48%
Pre-Tax
21.81%
Net
18.21%
FCF
26.22%

Returns (5Yr Avg)

ROA
9.52%
ROTA
17.87%
ROE
17.96%
ROCE
13.5%
ROIC
9.84%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
RUB 407.68
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
RUB 592.6B
Net Debt
RUB 305.31B
Debt/Equity
0.3
EBIT/Interest
—

Growth (CAGR)

Rev 3Yr
25.3%
Rev 5Yr
8.3%
Rev 10Yr
10.75%
Dil EPS 3Yr
75.95%
Dil EPS 5Yr
11.22%
Dil EPS 10Yr
13.68%
Rev Fwd 2Yr
—
EBITDA Fwd 2Yr
—
EPS Fwd 2Yr
9.48%
EPS LT Growth Est
20.94%

Dividends

Yield
—
Payout
—
DPS
—
DPS Growth 3Yr
—
DPS Growth 5Yr
—
DPS Growth 10Yr
—
DPS Growth Fwd 2Yr
13.14%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
Operating Revenues						2,323,319	1,709,244	2,971,777	3,412,129	3,519,959
Impairment of Oil, Gas & Mineral Properties	—					—	8,859	—	—	—
Other Revenues, Total	—	—	—			91,864	80,027	96,665	—	—
Total Revenues						2,415,183	1,789,271	3,068,442	3,412,129	3,519,959
Total Revenues % Chg.						2.2%	-25.9%	71.5%	11.2%	3.2%
Cost of Goods Sold, Total						997,105	687,028	1,334,597	315,290	427,049
Gross Profit						1,418,078	1,102,243	1,733,845	3,096,839	3,092,910
Selling General & Admin Expenses, Total						125,592	115,926	132,328	—	—
Exploration / Drilling Costs, Total						1,752	994	435	—	—
Depreciation & Amortization						181,372	213,292	228,058	310,393	364,575
Impairment of Oil, Gas & Mineral Properties						—	8,859	—	—	—
Other Operating Expenses						666,877	623,935	818,206	1,916,094	2,007,286
Other Operating Expenses, Total						975,593	963,006	1,179,027	2,226,487	2,371,861
Operating Income						442,485	139,237	554,818	870,352	721,049
Interest Expense, Total						-28,689	-22,806	-19,112	—	—
Interest And Investment Income						17,812	7,877	17,973	—	—
Net Interest Expenses						-10,877	-14,929	-1,139	—	—
Income (Loss) On Equity Invest.						83,906	48,047	102,402	88,597	102,205
Currency Exchange Gains (Loss)						10,518	-23,654	4,765	—	—
Other Non Operating Income (Expenses)						-6,519	3,041	-16,326	-64,601	-55,627
EBT, Excl. Unusual Items						519,513	151,742	644,520	894,348	767,627
Gain (Loss) On Sale Of Assets	—	—	—	—		-11,679	-8,272	-11,553	—	—
Asset Writedown	—				—	—	—	—	—	—
Other Unusual Items	—		—	—	—	—	—	—	—	—
EBT, Incl. Unusual Items						507,834	143,470	632,967	894,348	767,627
Income Tax Expense						85,746	22,837	113,604	157,886	130,111
Earnings From Continuing Operations						422,088	120,633	519,363	736,462	637,516
Earnings Of Discontinued Operations	—	—	—	—	—	—	—	—	21,823	—
Minority Interest						-21,887	-2,934	-15,918	-6,812	3,594
Net Income						400,201	117,699	503,445	751,473	641,110
Net Income to Common Incl Extra Items						400,201	117,699	503,445	751,473	641,110
Net Income to Common Excl. Extra Items						400,201	117,699	503,445	729,650	641,110
Total Shares Outstanding						4,718	4,718	4,718	4,718	4,718
Weighted Avg. Shares Outstanding						4,718	4,718	4,718	4,718	4,718
Weighted Avg. Shares Outstanding Dil						4,718	4,718	4,718	4,718	4,718
EPS						84.8	24.9	106.7	159.3	135.9
EPS Diluted						84.8	24.9	106.7	159.3	135.9
EBITDA						614,304	350,804	770,771	1,180,745	1,085,624
Effective Tax Rate						16.9%	15.9%	17.9%	17.7%	16.9%