|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||7.40 - 7.40|
|52-week range||5.18 - 8.25|
|Beta (5Y monthly)||1.56|
|PE ratio (TTM)||8.01|
|Forward dividend & yield||0.34 (4.58%)|
|Ex-dividend date||08 Oct 2021|
|1y target est||N/A|
Despite growing demand fears due to new outbreaks of covid across Asia, oil prices have remained resilient this week
Rosneft has held talks with international traders as well as big global oil consumers such as India and China about their possible participation in its massive Vostok Oil project, the Russian energy giant said on Friday. Vostok Oil is one of Russia's biggest oil projects, comparable in size with the exploration of West Siberia in the 1970s or the U.S. Bakken oil province over the past decade. Reuters reported last month that Rosneft was courting investments from global trading houses to help develop Vostok Oil after trading house Trafigura secured a 10% stake in the project.
Russian state oil major Rosneft is courting investments from global trading houses to help develop one of the world's biggest oil deposits, after talks with other possible partners stalled following a collapse in oil prices, four sources familiar with the discussions told Reuters. Rosneft is in discussions with Vitol, Glencore and Gunvor, among others, over investments in its Vostok Oil project in the Arctic, having already secured a deal with Swiss-based Trafigura, which took a 10% stake at the end of last year.