Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  Novatek PAO    NVTK   RU000A0DKVS5

NOVATEK PAO

(NVTK)
  Report
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Novatek, Gazprom Neft JV Expands Gas Condensate Capacity

share with twitter share with LinkedIn share with facebook
share via e-mail
02/07/2020 | 09:11am EST

By Joe Hoppe

Novatek (NVTK.LN) said Friday that its Arcticgas joint venture with Gazprom Neft (SIBN.MZ) has expanded capacity at its Samburgskiy license area, in the Urengoyskoye field in Russia.

The Russian oil-and-gas company said the treatment facility's capacity was expanded to accommodate the increased volumes of gas condensate.

Pilot operation started at the facility's third stage with a capacity of 1.2 million tons of gas condensate a year.

By "commissioning the additional production capacities, we will increase our natural gas and liquids production in the UGSS area," said Novatek Chairman Leonid Mikhelson.

Write to Joe Hoppe at joseph.hoppe@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
GAZPROM NEFT' PAO End-of-day quote.
LONDON BRENT OIL 2.34% 59.02 Delayed Quote.-13.27%
NOVATEK PAO End-of-day quote.
PAO NOVATEK 4.98% 177 Delayed Quote.-16.95%
PUBLIC JOINT STOCK COMPANY GAZPROM NEFT 0.99% 35.7 Delayed Quote.5.52%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.48% 63.5645 Delayed Quote.2.65%
WTI 2.15% 53.263 Delayed Quote.-16.22%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on NOVATEK PAO
08:40aNOVATEK : Announces Consolidated IFRS Results for the Year Ended 31 December 201..
PU
06:53aNovatek 2019 Pretax Profit, Revenue Rose
DJ
02/11NOVATEK MICROELECTRONICS : 2019 Net Profit Rose 24%
DJ
02/07Novatek, Gazprom Neft JV Expands Gas Condensate Capacity
DJ
02/07NOVATEK : Condensate Treatment Capacity Expanded at the Samburgskiy License Area
PU
02/07NOVATEK : Condensate Capacity Expanded at Samburgskiy area
PU
02/03NOVATEK : Update on NOVATEK Buyback Program
PU
01/31Asian LNG prices fall as coronavirus concerns rise
RE
01/27NOVATEK : Update on NOVATEK Buyback Program
PU
01/22Novatek Total Proved Reserves Rose 3% in 2019
DJ
More news
Financials (USD)
Sales 2019 13 448 M
EBIT 2019 3 383 M
Net income 2019 13 664 M
Debt 2019 1 354 M
Yield 2019 2,50%
P/E ratio 2019 3,91x
P/E ratio 2020 14,2x
EV / Sales2019 4,06x
EV / Sales2020 4,00x
Capitalization 53 278 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Average target price 203,79  $
Last Close Price 177,00  $
Spread / Highest target 41,2%
Spread / Average Target 15,1%
Spread / Lowest Target -40,7%
EPS Revisions
Managers
NameTitle
Leonid Viktorovich Mikhelson Chairman-Management Board & Executive Director
Alexander Yegorovich Natalenko Chairman
Sergey Vladimirovich Vasyunin Director-Operations
Mark Anthony Gyetvay CFO & Deputy Chairman-Management Board
Burckhard Bergmann Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
NOVATEK PAO50 750
ROYAL DUTCH SHELL-11.31%195 823
PETROCHINA COMPANY LIMITED-12.31%133 090
TOTAL-9.16%125 024
PETRÓLEO BRASILEIRO S.A. - PETROBRAS-2.68%92 911
GAZPROM PAO--.--%82 199