Rosneft Oil
Market Cap
US$55.0b
Last Updated
2020/05/30 22:02 UTC
Data Sources
Company Financials +
Executive Summary
Public Joint Stock Company Rosneft Oil Company, together with its subsidiaries, engages in the exploration, development, production, and sale of crude oil and gas.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and good value.
Similar Companies
Share Price & News
How has Rosneft Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ROSN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.1%
ROSN
0.2%
GB Oil and Gas
2.5%
GB Market
1 Year Return
-21.9%
ROSN
-34.7%
GB Oil and Gas
-12.4%
GB Market
Return vs Industry: ROSN exceeded the UK Oil and Gas industry which returned -34.7% over the past year.
Return vs Market: ROSN underperformed the UK Market which returned -12.4% over the past year.
Shareholder returns
| ROSN | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.1% | 0.2% | 2.5% |
| 30 Day | 16.1% | 2.3% | 2.8% |
| 90 Day | -14.0% | -14.4% | -7.2% |
| 1 Year | -17.4%-21.9% | -30.9%-34.7% | -8.2%-12.4% |
| 3 Year | 12.5%-0.4% | -3.6%-16.4% | -5.9%-17.5% |
| 5 Year | 49.9%25.3% | 6.2%-15.7% | 12.5%-12.9% |
Price Volatility Vs. Market
How volatile is Rosneft Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
With An ROE Of 12.4%, Has Public Joint Stock Company Rosneft Oil Company's (LON:ROSN) Management Done Well?Valuation
Is Rosneft Oil undervalued compared to its fair value and its price relative to the market?
23.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ROSN ($5.2) is trading below our estimate of fair value ($6.75)
Significantly Below Fair Value: ROSN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ROSN is poor value based on its PE Ratio (9.3x) compared to the Oil and Gas industry average (4.9x).
PE vs Market: ROSN is good value based on its PE Ratio (9.3x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: ROSN is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: ROSN is overvalued based on its PB Ratio (0.9x) compared to the GB Oil and Gas industry average (0.4x).
Next Steps
Future Growth
How is Rosneft Oil forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
47.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ROSN's forecast earnings growth (47.4% per year) is above the savings rate (1.2%).
Earnings vs Market: ROSN's earnings (47.4% per year) are forecast to grow faster than the UK market (20.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ROSN's revenue (13.8% per year) is forecast to grow faster than the UK market (3.7% per year).
High Growth Revenue: ROSN's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ROSN's Return on Equity is forecast to be low in 3 years time (11.3%).
Next Steps
Past Performance
How has Rosneft Oil performed over the past 5 years?
19.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ROSN has high quality earnings.
Growing Profit Margin: ROSN's current net profit margins (5.3%) are lower than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: ROSN's earnings have grown by 19.9% per year over the past 5 years.
Accelerating Growth: ROSN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ROSN had negative earnings growth (-29.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-2.2%).
Return on Equity
High ROE: ROSN's Return on Equity (9.9%) is considered low.
Next Steps
Financial Health
How is Rosneft Oil's financial position?
Financial Position Analysis
Short Term Liabilities: ROSN's short term assets (RUB2,358.0B) do not cover its short term liabilities (RUB2,970.0B).
Long Term Liabilities: ROSN's short term assets (RUB2,358.0B) do not cover its long term liabilities (RUB5,188.0B).
Debt to Equity History and Analysis
Debt Level: ROSN's debt to equity ratio (72.1%) is considered high.
Reducing Debt: ROSN's debt to equity ratio has reduced from 112% to 72.1% over the past 5 years.
Debt Coverage: ROSN's debt is well covered by operating cash flow (32.5%).
Interest Coverage: ROSN's interest payments on its debt are well covered by EBIT (10.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Rosneft Oil's current dividend yield, its reliability and sustainability?
9.08%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ROSN's dividend (9.08%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: ROSN's dividend (9.08%) is in the top 25% of dividend payers in the UK market (5.67%)
Stability and Growth of Payments
Stable Dividend: ROSN's dividend payments have been volatile in the past 10 years.
Growing Dividend: ROSN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84.1%), ROSN's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ROSN's dividends in 3 years are forecast to be covered by earnings (52.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.1yrs
Average management tenure
CEO
Igor Sechin (59yo)
8.33yrs
Tenure
Mr. Igor Ivanovich Sechin has been the Chairman of Management Board of ROSNEFT Oil Company, PJSC since 2016 and Chief Executive Officer since May 22, 2012. Mr. Sechin served as the President of Rosneft unt ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board | 8.33yrs | no data | 0.13% RUB70.2m | |
| Deputy Chairman of the Management Board | no data | no data | 0.0036% RUB2.0m | |
| Financial Director & Member of Management Board | 8.17yrs | no data | 0.0042% RUB2.3m | |
| VP of Refining | 7.92yrs | no data | 0.0043% RUB2.4m | |
| VP for Informatization | 5.08yrs | no data | 0.0036% RUB2.0m | |
| VP for In-House Services & Member of Management Board | 6.67yrs | no data | 0.0052% RUB2.8m | |
| Head of Internal Audit | 3.92yrs | no data | no data | |
| VP, Chief of Staff & Member of Management Board | 3.08yrs | no data | no data | |
| State Secretary | 2.08yrs | no data | 0.000060% RUB33.0k | |
| VP, Chief Geologist & Member of Management Board | 0.42yr | no data | no data |
5.1yrs
Average Tenure
56yo
Average Age
Experienced Management: ROSN's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board | 8.33yrs | no data | 0.13% RUB70.2m | |
| Independent Director | 1.92yrs | ₽580.00k | no data | |
| Director | 6.92yrs | no data | no data | |
| Independent Director | 4.92yrs | ₽560.00k | no data | |
| Independent Deputy Chairman of the Board | 5.83yrs | ₽580.00k | 0.00088% RUB483.8k | |
| Director | 4.92yrs | no data | no data | |
| Independent Chairman | no data | ₽600.00k | no data | |
| Director | 2.67yrs | no data | no data | |
| Director | 4.92yrs | no data | no data | |
| Chairman of the Audit Commission | no data | no data | no data |
4.9yrs
Average Tenure
63yo
Average Age
Experienced Board: ROSN's board of directors are considered experienced (4.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Public Joint Stock Company Rosneft Oil Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Public Joint Stock Company Rosneft Oil Company
- Ticker: ROSN
- Exchange: LSE
- Founded: 1993
- Industry: Integrated Oil and Gas
- Sector: Energy
- Market Cap: US$54.972b
- Shares outstanding: 10.56b
- Website: https://www.rosneft.com
Number of Employees
Location
- Public Joint Stock Company Rosneft Oil Company
- 26/1, Sofiyskaya Embankment
- Moscow
- 117997
- Russia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ROSN | LSE (London Stock Exchange) | Yes | SPON GDR REG S | GB | USD | Jul 2006 |
| OJS1 | DB (Deutsche Boerse AG) | Yes | SPON GDR REG S | DE | EUR | Jul 2006 |
| OJSC.Y | OTCPK (Pink Sheets LLC) | Yes | SPON GDR REG S | US | USD | Jul 2006 |
| ROSNL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | SPON GDR REG S | GB | USD | Jul 2006 |
| ROSN | WBAG (Wiener Boerse AG) | Yes | SPON GDR REG S | AT | EUR | Jul 2006 |
| ROSN | MISX (Micex - Rts) | Common Stock | RU | RUB | Jul 2006 | |
| RNFT.F | OTCPK (Pink Sheets LLC) | Common Stock | US | USD | Jul 2006 |
Biography
Public Joint Stock Company Rosneft Oil Company, together with its subsidiaries, engages in the exploration, development, production, and sale of crude oil and gas. The company produces oil in Western and Eastern Siberia, Volga-and Ural Regions, Far East, Timan-Pechora, Krasnodar Region, and the shelf of Russian seas, including Arctic shelf, as well as in Latin America; and has assets located in Russia and internationally comprising Venezuela, Cuba, Canada, the United States, Brazil, Norway, Germany, Italy, Mongolia, Kyrgyzstan, China, Vietnam, Myanmar, Turkmenistan, Georgia, Armenia, Belarus, Ukraine, Egypt, Mozambique, Iraq, and Indonesia. It is also involved in producing petrochemicals, including ethylene, propylene, and polyethylene; base and industrial oils; motor and transmission oils for cars and trucks, buses, agricultural and special equipment, and railway and marine transport; special oils for the aviation industry; hydraulic, gear, turbine, compressor, transformer oils, etc.; coolants, softener oils, paraffins, etc.; and additives to fuels and oils. In addition, the company transports and exports crude oil through pipelines, and railway and mixed transportation; engages in the wholesale, retail, storage, and transportation and transshipment of petroleum products; and provides bunkering and aircraft refueling services, as well as bitumen products. Further, it operates a retail network of company-owned and leased filling stations; and provides survey and drilling services. The company was founded in 1993 and is based in Moscow, Russia. Public Joint Stock Company Rosneft Oil Company is a subsidiary of JSC ROSNEFTEGAZ.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/30 22:02 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.