|Bid||0.00 x 13000|
|Ask||0.00 x 10000|
|Day's range||581.40 - 589.10|
|52-week range||528.00 - 676.90|
|PE ratio (TTM)||9.54|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||672.72|
EquityStory.RS, LLC-News: Cherkizovo Group / Key word(s): Expansion30.05.2017 / 19:13 The issuer is solely responsible for the content of this announcement.
Russian mobile operator MegaFon forecast its revenues would be flat or grow slightly in 2017 after reporting a fall in fourth quarter earnings and sales on Thursday. MegaFon, which is trying to reinvent itself as an internet player, said net profit dropped 42 percent to 3.1 billion roubles ($53 million) due to a 3.4 billion rouble impairment charge relating to revised forecasts for broadband operations. In a now mature Russian market, mobile operators are struggling to increase revenues and have been forced to cut prices to retain customers.
MOSCOW/LONDON, March 10 (Reuters) - A former Russian juice magnate who has crude terminals and other assets in the Caspian and Black Sea region says he is expanding cooperation with Kremlin (IOB: 0Q8D.IL - news) -controlled Rosneft to help the oil major boost trading from Turkey to southern Europe. Rosneft's partnership with David Yakobashvili and his Petrocas oil products trading and logistics firm is part of efforts to build new markets as the Russian oil major grapples with U.S. and EU sanctions imposed in 2014 over Moscow's activities in Ukraine.
Russia's Rosneft, the world's top listed oil producer by output, posted net profit of 52 billion roubles ($907.7 million) in the fourth quarter last year, slightly less than in Q4 of 2015, the company said on Wednesday. The same period last year, Rosneft saw its net profit at 53 billion roubles. Rosneft also said its EBITDA was at 365 billion roubles in the last quarter of 2016, up from 278 billion roubles in the same period last year.
Russian state oil firm Rosneft has become the first major oil firm to pre-finance crude exports from Iraq's Kurdistan, joining trading houses in the race for crude from the semi-autonomous region. "We look forward to developing new markets for Kurdish crude oil," a statement by Rosneft quotes chief executive Igor Sechin as saying.
Russia's TMK the country's largest maker of steel pipes for the oil and gas industry, said it was selling a 13.44 percent stake to raise funds to purchase its own shares from lender VTB. TMK said it was offering up to 138,888,888 ordinary shares in the secondary public offering (SPO), the same number of shares it intends to buy back from VTB, Russia's second largest lender. It was unclear at what price VTB would agree to sell its stake and the lender declined to comment.
MOSCOW/LONDON/MILAN, Jan 24 (Reuters) - More than a month after Russia announced one of its biggest privatisations since the 1990s, selling a 19.5 percent stake in its giant oil company Rosneft, it still isn't possible to determine from public records the full identities of those who bought it. The stake was sold for 10.2 billion euros to a Singapore investment vehicle that Rosneft said was a 50/50 joint venture between Qatar and the Swiss oil trading firm Glencore (Frankfurt: 8GC.F - news) . Unveiling the deal at a televised meeting with Rosneft's boss Igor Sechin on Dec (Shanghai: 600875.SS - news) .
* Russian energy firm Rosneft is in talks to supply British oil major BP with up to 160 billion cubic metres of gas over 16 years, RBC news organisation reports * RBC cites a letter from Rosneft CEO Igor ...
Russia's biggest oil producer Rosneft has started supplying oil to Hungary and Slovakia with Glencore, expanding into new markets after recent acquisitions, three industry sources told Reuters on Friday. ...
Russia's largest oil producer Rosneft has started oil supplies to Hungary and Slovakia via the Druzhba pipeline, expanding its exposure to global markets after recent acquisitions, three industry sources ...
MILAN/MOSCOW, Jan 18 (Reuters) - Russian state oil producer Rosneft said Western sanctions had stopped it building up its stake in Italian refiner Saras, forcing it to sell the stake two years after buying it. Russia's biggest oil producer agreed in 2013 to buy a 21 percent stake in Saras, which is 50-percent owned by Italy's Moratti family, in a move that was set to strengthen Rosneft's commitment to the Mediterranean area.
Russian bank VTB took part in last year's deal for trading house Glencore and Qatar's state investment fund to buy a stake in Rosneft , RIA news agency cited a Rosneft spokesman as saying on Tuesday. Contacted ...
Russian oil major Rosneft has concluded a deal with a company linked to Qatar and commodities trader Glencore (Frankfurt: 8GC.F - news) to supply up to 55 million tonnes of crude in total over a 5-year period, Rosneft said in a statement on Tuesday. The agreement follows the acquisition of a 19.5 percent stake in Rosneft by Qatar Investment Authority (QIA) fund and Glencore last month for around 710 billion roubles ($11.8 billion). Under the terms of the acquisition, Glencore had said it would conclude a five-year supply agreement with Rosneft giving it an extra 220,000 barrels a day to trade.
MOSCOW, Dec (Shanghai: 600875.SS - news) 29 (Reuters) - Russia's largest oil producer and its shareholder BP have completed dissolution of Ruhr Oel, their refining joint venture in Germany, Rosneft said on Thursday. Rosneft said with the restructuring it had embarked on developing its own business in Germany and had created a new subsidiary called Rosneft Deutschland. The deal will allow Rosneft to gain control over more than 12 percent of Germany's oil refining market with annual refining capacity of 12.5 million tonnes.
MILAN, Dec (Shanghai: 600875.SS - news) 12 (Reuters) - Italian energy company Eni (Euronext: ENI.NX - news) will sell a 30 percent stake in its giant Egyptian offshore gas field Zohr to Russia's Rosneft for $1.575 billion, pressing ahead with asset sales to fund investments and offset weak oil prices. Eni (LSE: 0N9S.L - news) , which owns 90 percent of the Shorouk concession containing Zohr, said on Monday that Rosneft would pay $1.125 billion and reimburse around $450 million for investments already carried out by Eni.
MOSCOW, Dec (Shanghai: 600875.SS - news) 11 (Reuters) - Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore (HKSE: 0805.HK - news) to sell a 19.5 percent stake in state-owned oil major Rosneft, Rosneft said. The privatisation deal, which Rosneft Chief Executive Igor Sechin called the largest in Russia's history, was announced by Rosneft in a meeting with President Vladimir Putin on Wednesday. Rosneft had been under pressure to secure a sale of the 19.5 percent stake to help replenish state coffers, hit by an economic slowdown driven by weak oil prices and exacerbated by sanctions.
Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore (HKSE: 0805.HK - news) to sell a 19.5 percent stake in state-owned oil major Rosneft, Rosneft said. The privatisation deal, which Rosneft Chief Executive Igor Sechin called the largest in Russia's history, was announced by Rosneft in a meeting with President Vladimir Putin on Wednesday.
Russian state holding company Rosneftegaz has signed a deal with the Qatar Investment Authority and commodities trader Glencore to sell a 19.5 percent stake in state-owned oil major Rosneft, Rosneft said ...
Russian oil giant Rosneft has all resources needed to fulfil its new long term contract with commodities trader Glencore, Rosneft told Reuters on Friday, adding that the contract includes oil and oil products ...
Rosneft stock was up some five percent by 1100 GMT on the Moscow Exchange to 374 rubles ($5.9, 5.5 euros), valuing the company overall at around 58 billion euros
Russian state oil company Rosneft said on Wednesday it had placed 600 billion roubles in domestic bonds. The company added that there had not been any related-party transactions during the placement. It ...