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MarketScreener Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  NK Lukoil PAO    LKOH   RU0009024277

NK LUKOIL PAO (LKOH)
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NK Lukoil : Lukoil Confirms Geological Model For Eridu Field

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01/11/2019 | 08:14am EST

MOSCOW, Russia, Jan. 10 -- LUKOIL issued the following news release:

LUKOIL has successfully completed testing of the fourth well as part of Eridu field (Block 10) appraisal phase in the south of Iraq.

The testing resulted in the commercial flow of dry crude oil that proves the current geological model of Eridu field as effective.

LUKOIL continues geological exploration at Block 10.

For instance, the company plans to drill and test several appraisal wells and to complete 3D and 2D seismic surveys for Eridu field and the block's southern and central parts, respectively.

© 2019 Targeted News Service, source News Service

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Financials ($)
Sales 2018 119 B
EBIT 2018 12 002 M
Net income 2018 8 995 M
Finance 2018 6 650 M
Yield 2018 4,66%
P/E ratio 2018 6,01
P/E ratio 2019 7,09
EV / Sales 2018 0,44x
EV / Sales 2019 0,49x
Capitalization 58 867 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Average target price 84,6 $
Spread / Average Target 7,8%
EPS Revisions
Managers
NameTitle
Vagit Yusufovich Alekperov President, Chief Executive Officer & Director
Valery Isaakovich Grayfer Chairman
Ravil Ulfatovich Maganov Vice Chairman & First Executive Vice President
Lyubov Nikolayevna Khoba Director, Chief Accountant & Vice President
Victor Vladimirovich Blazheev Director
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