OPM-Bank

 

Company Profile

Surgutneftegaz

Symbol

SNGS

No. Employees

80,200

Industry

Oil & Gas

Common Shares

4,623,198,941

Main Location

Tumen Region

Preferred Shares

1,374,399,647

  

General Summary

After LUKoil, Surgutneftegaz is Russia's second leading Blue Chip in the oil industry. Surgutneftegaz ranks second in almost all categories: oil production, reserves, revenue, income, exports, market capitalization, employees, etc. Surgutneftegaz is a leader in that it has the lowest percentage of idle wells. Management at Surgutneftegaz is considered to be top notch despite a lack of full disclosure.

Although Surgutneftegaz is Russia's second leading oil exporter, the company has no major foreign projects or joint ventures. The company's stock price could benefit greatly if the company were to actively pursue international developments and attract global investment (somewhat like LUKoil is doing).

INCOME STATEMENT SUMMARY (in $ million)

 

1994

1995

1996

Revenues

1,108

2,535

4,112

EBIT

242

885

1,020

Net Income

160

389

380

 

BALANCE SHEET SUMMARY (in $ million)

 

12/31/94

12/31/95

12/31/96

Total Assets

1,540

6,962

n.a.

Total Liabilities

447

612

n.a.

Shareholder's Equity

1,092

6,350

n.a.

 

VALUES

Common Price

0.19

0.12

0.43

Mkt. Capitalization

$ 878,400,000

$ 555,000,000

$ 1,200,000,000

 

YEAR ENDING RATIOS

PRICING FACTORS

 

1994

1995

1996

Earnings per Share

0.03

0.08

1.08

EPS Growth Rate

 

1.43

(0.02)

Price / Earnings

5.49

1.43

5.23

 

PROFITABILITY INDICATORS

 

1994

1995

1996

Pretax Profit Margin

0.22

0.35

0.25

Return on Capital

0.18

0.44

0.68

Return on SE

0.15

0.06

n.a.

 

 

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