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
  1. Homepage
  2. Equities
  3. Russia
  4. Moscow Micex - RTS
  5. Tatneft
  6. News
  7. Summary
    TATN   RU0009033591

TATNEFT

(TATN)
  Report
End-of-day quote. End-of-day quote Moscow Micex - RTS - 06/17
538.4 RUB   -1.27%
06/10TATNEFTá : The Corporate IMS of KAMA TYRES Has Gone Through the Certification Audit
PU
06/09Tatneft to Buy EkoPet for $89.2 Million
DJ
06/09PJSC Tatneft Acquisition of EkoPet
DJ
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PJSC Tatneft Acquisition of EkoPet

06/09/2021 | 07:52am EDT

TIDMATAD

RNS Number : 3702B

PJSC Tatneft

09 June 2021

9 June 2021

Tatneft to acquire EkoPet group of companies

Tatneft won a tender for the sale of Russia's largest polyethylene terephthalate (PET) producer EkoPet based in Kaliningrad region of Russia by Bank Trust (PJSC).

EkoPet is the largest producer and supplier of PET in Russia and Eastern Europe with the production capacity of 220 thousand tonnes of PET per year. One of the most advanced technologies MTR (Melt-To-Resin) of the German Uhde Inventa-Fischer (UIF) is used by EkoPet to produce PET.

The acquisition of EkoPet will allow the most efficient implementation of the Company's plans for the development of the petrochemical business and will contribute to the accomplishment of the Tatneft Group's goals to reduce greenhouse gas emissions along the entire value chain.

Tatneft's winning bid was for 6.45 billion Rubles. The acquisition is subject to legal documentation which is expected to be completed in the next few weeks.

This press release contains inside information.

Forward-looking statements: This press-release contains certain statements about future events and expectations that are forward-looking in nature. Any statement in this press-release that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. PJSC Tatneft assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ACQSSLFDUEFSEDM

(END) Dow Jones Newswires

06-09-21 0952ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 1.76% 33876.97 Delayed Quote.8.77%
LONDON STOCK EXCHANGE PLC 0.42% 8158 Delayed Quote.-9.81%
TATNEFT -1.27% 538.4 End-of-day quote.5.12%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.05% 73.1511 Delayed Quote.-1.33%
All news about TATNEFT
06/10TATNEFTá : The Corporate IMS of KAMA TYRES Has Gone Through the Certification Au..
PU
06/09Tatneft to Buy EkoPet for $89.2 Million
DJ
06/09PJSC Tatneft Acquisition of EkoPet
DJ
06/09TATNEFTá : Won the Auction for the Sale of the EKOPET Group of Companies (Kalini..
PU
06/04TATNEFTá : planted new trees in Almetyevsk
PU
06/04TATNEFTá : published its IFRS consolidated interim condensed financial statement..
PU
06/04TATNEFTá : 04.06.2021 Essential Fact Message on the Issuer's Web Disclosure of t..
PU
06/04Tatneft's Q1 Profit Rises QoQ On Higher Consolidated Sales
MT
06/04Tatneft 1Q Net Profit, Revenue Rose
DJ
06/04TATNEFTá : 1st quarter report
CO
More news
Financials (USD)
Sales 2021 15 715 M - -
Net income 2021 2 542 M - -
Net Debt 2021 370 M - -
P/E ratio 2021 6,15x
Yield 2021 8,32%
Capitalization 16 340 M 16 331 M -
EV / Sales 2021 1,06x
EV / Sales 2022 1,04x
Nbr of Employees -
Free-Float 69,2%
Chart TATNEFT
Duration : Period :
Tatneft Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TATNEFT
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 9,40 $
Last Close Price 7,28 $
Spread / Highest target 68,9%
Spread / Average Target 29,0%
Spread / Lowest Target 1,18%
EPS Revisions
Managers and Directors
NameTitle
Nail Ulfatovich Maganov Chairman-Management Board & Director
Evgeny Aleksandrovich Tikhturov Head-Finance Department
Rustam Nurgalievich Minnikhanov Chairman
Rene Frederic Steiner Independent Director
Gerech Laszlo Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TATNEFT5.12%16 331
SAUDI ARABIAN OIL COMPANY0.71%1 881 463
ROYAL DUTCH SHELL PLC14.93%151 646
PETROCHINA COMPANY LIMITED49.17%137 243
TOTALENERGIES SE13.20%125 186
GAZPROM28.59%87 498