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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 EDT

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 2019 121 B
EBIT 2019 10 995 M
Net income 2019 10 097 M
Finance 2019 2 253 M
Yield 2019 5,08%
P/E ratio 2019 6,06
P/E ratio 2020 6,23
EV / Sales 2019 0,47x
EV / Sales 2020 0,44x
Capitalization 59 436 M
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 99,8 $
Spread / Average Target 26%
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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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