PJSC LUKOIL Past Earnings Performance

Past criteria checks 5/6

PJSC LUKOIL has been growing earnings at an average annual rate of 3.9%, while the Oil and Gas industry saw earnings growing at 32.5% annually. Revenues have been growing at an average rate of 5.2% per year. PJSC LUKOIL's return on equity is 17.1%, and it has net margins of 8.3%.

Key information

3.9%

Earnings growth rate

6.1%

EPS growth rate

Oil and Gas Industry Growth	3.9%
Revenue growth rate	5.2%
Return on equity	17.1%
Net Margin	8.3%
Last Earnings Update	31 Dec 2021

Recent past performance updates

Recent updates

Shareholders Of PJSC LUKOIL (MCX:LKOH) Must Be Happy With Their 206% Total Return

Feb 17

Returns On Capital - An Important Metric For PJSC LUKOIL (MCX:LKOH)

Feb 03

PJSC LUKOIL's (MCX:LKOH) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Jan 19

PJSC LUKOIL (MCX:LKOH) Has A Pretty Healthy Balance Sheet

Jan 04

What Type Of Shareholders Make Up PJSC LUKOIL's (MCX:LKOH) Share Registry?

Dec 16

Calculating The Intrinsic Value Of PJSC LUKOIL (MCX:LKOH)

Nov 23

Revenue & Expenses Breakdown

How PJSC LUKOIL makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

MISX:LKOH Revenue, expenses and earnings (RUB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 21	9,268,485	773,442	222,266
30 Sep 21	8,065,148	569,087	217,526
30 Jun 21	6,933,053	427,032	206,810
31 Mar 21	5,717,596	218,562	206,083
31 Dec 20	5,507,098	15,175	205,141
30 Sep 20	5,880,842	105,050	206,698
30 Jun 20	6,376,514	245,017	207,070
31 Mar 20	7,515,639	444,982	201,538
31 Dec 19	7,700,587	640,178	206,520
30 Sep 19	7,972,024	679,895	198,128
30 Jun 19	8,325,588	673,275	217,637
31 Mar 19	8,256,094	659,352	209,278
31 Dec 18	8,035,889	619,174	196,015
30 Sep 18	7,655,124	580,657	201,264
30 Jun 18	6,832,722	494,231	179,171
31 Mar 18	6,135,834	465,557	177,851
31 Dec 17	5,936,705	418,805	177,679
30 Sep 17	5,675,177	344,894	173,700
30 Jun 17	5,501,181	302,356	183,726
31 Mar 17	5,480,970	226,275	191,995
31 Dec 16	5,227,045	206,794	204,449
30 Sep 16	5,193,847	95,158	203,610
30 Jun 16	5,348,412	228,748	199,527
31 Mar 16	5,486,419	229,929	204,968
31 Dec 15	5,749,050	291,135	197,846

Quality Earnings: LKOH has high quality earnings.

Growing Profit Margin: LKOH's current net profit margins (8.3%) are higher than last year (0.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: LKOH's earnings have grown by 3.9% per year over the past 5 years.

Accelerating Growth: LKOH's earnings growth over the past year (4996.8%) exceeds its 5-year average (3.9% per year).

Earnings vs Industry: LKOH earnings growth over the past year (4996.8%) exceeded the Oil and Gas industry -15.9%.

PJSC LUKOIL Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Full year 2021 earnings: EPS and revenues miss analyst expectations

PJSC LUKOIL to Report Q4, 2021 Results on Mar 10, 2022

Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2021 earnings released: EPS ₽291 (vs ₽28.69 loss in 2Q 2020)

First quarter 2021 earnings released: EPS ₽241 (vs ₽71.11 loss in 1Q 2020)

Full year 2020 earnings released: EPS ₽23.31 (vs ₽963 in FY 2019)

Recent updates

Russia Reportedly Mulls Plans to Merge Oil Giants

LITASCO Dismisses Reports About Sale of Bulgarian Refinery

A consortium of buyers including members of the senior management team of Yandex LLC, AMC "Lerta Capital" Ltd - Argonavt, PJSC LUKOIL (MISX:LKOH), Alexander Ryazanov, Alexander Chachayev and Pavel Prass completed the acquisition of Yandex LLC from Yandex N.V. (NasdaqGS:YNDX) and others.

PJSC LUKOIL, Annual General Meeting, Apr 27, 2024

PPC Renewables S.A. completed the acquisition of 84 MW wind farm in Romania from PJSC LUKOIL (MISX:LKOH).

A consortium of buyers entered into a definitive agreement to acquire Yandex LLC from Yandex N.V. (NasdaqGS:YNDX) and others for approximately RUB 790 billion.

PJSC LUKOIL (MISX:LKOH) acquired 50% stake in Kalamkas Khazar Operating LLC from Joint Stock Company "National Company "KazMunayGas".

PPC Renewables S.A. signed an agreement to acquire 84 MW wind farm in Romania from PJSC LUKOIL (MISX:LKOH).

Public Joint Stock Company Rostelecom (MISX:RTKM) acquired remaining 49.9% stake in Inform LLC from PJSC LUKOIL (MISX:LKOH).

G.O.I. ENERGY LIMITED entered into an agreement to acquire ISAB S.r.l.from PJSC LUKOIL (MISX:LKOH).

Lukoil Reportedly May Finish Sale of Sicily-Based Plant in 2022

PJSC LUKOIL (MISX:LKOH) completed the acquisition of a 26.9% stake in Public Joint-Stock Company Enel Russia (MISX:ENRU) from Enel SpA (BIT:ENEL).

PJSC LUKOIL (MISX:LKOH) completed the acquisition of a 26.9% stake in Public Joint-Stock Company Enel Russia (MISX:ENRU) from Enel SpA (BIT:ENEL).

US Firm Reportedly in Talks to Buy Russian-Owned Refinery in Italy

PJSC LUKOIL (MISX:LKOH) acquired FK Spartak Moskva OAO.

PJSC LUKOIL (MISX:LKOH) cancelled the agreement to acquire 56.43% stake in PJSC Enel Russia from Enel SpA (BIT:ENEL).

PJSC LUKOIL (MISX:LKOH) signed an agreement to acquire 56.43 percent stake in PJSC Enel Russia from Enel SpA (BIT:ENEL) for approximately €140 million.

PJSC LUKOIL (MISX:LKOH) signed an agreement to acquire unknown minority stake in Public Joint-Stock Company Enel Russia (MISX:ENRU) from Enel SpA (BIT:ENEL).

Financial Conduct Authority Cancels the Listing on the Official List and the London Stock Exchange

PJSC LUKOIL Announces Executive Changes

PJSC LUKOIL (MISX:LKOH) completed the acquisition of OOO Shell Neft from Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij.

PJSC LUKOIL (MISX:LKOH) completed the acquisition of OOO Shell Neft from Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij.

PJSC LUKOIL, Annual General Meeting, Jun 21, 2022

PJSC LUKOIL, Annual General Meeting, Jun 21, 2022

PJSC LUKOIL (MISX:LKOH) agreed to acquire OOO Shell Neft from Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij.

PJSC LUKOIL Announces Cancellation of Listing

PJSC LUKOILAnnounces Resignation of Vagit Alekperov as President and Member of the Board of Directors

Investor sentiment deteriorated over the past week

Insider recently bought ₽49m worth of stock

PJSC LUKOIL(MISX:LKOH) dropped from FTSE All-World Index (USD)

Full year 2021 earnings: EPS and revenues miss analyst expectations

PJSC LUKOIL Announces Completion of Entry into Area 4 Project in Mexico

Investor sentiment deteriorated over the past week

Now 26% undervalued after recent price drop

PJSC LUKOIL (MISX:LKOH) completed the acquisition of additional 9.9% stake in Shah Deniz natural gas project in the Azerbaijan Sector of the Caspian Sea from Petroliam Nasional Berhad for $1.45 billion.

PJSC LUKOIL Announces the Results of the Reserves Assessment and Independent Audit as of December 31, 2021

PJSC LUKOIL to Report Q4, 2021 Results on Mar 10, 2022

CEO, President recently bought ₽100m worth of stock

CEO, President recently bought ₽369m worth of stock

Now 23% undervalued after recent price drop

PJSC LUKOIL (MISX:LKOH) agreed to acquire a 50% stake in OJSC Meretoyakhaneftegaz from Public Joint Stock Company Gazprom Neft (MISX:SIBN) for RUB 52 billion.

PJSC LUKOIL (MCX:LKOH) Might Have The Makings Of A Multi-Bagger

Consensus EPS estimates increase by 12%

PJSC LUKOIL (MCX:LKOH) Is Increasing Its Dividend To ₽340

Is PJSC LUKOIL (MCX:LKOH) Trading At A 21% Discount?

Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Lukoil Announces New Oil Discovery At Block 12 in Mexico

PJSC LUKOIL (MCX:LKOH) Could Easily Take On More Debt

PJSC LUKOIL's (MCX:LKOH) Returns On Capital Are Heading Higher

Second quarter 2021 earnings released: EPS ₽291 (vs ₽28.69 loss in 2Q 2020)

We Think PJSC LUKOIL (MCX:LKOH) Can Stay On Top Of Its Debt

Estimating The Fair Value Of PJSC LUKOIL (MCX:LKOH)

VP & Executive Director Nikolai Nikolaev has left the company

Consensus EPS estimates increase to ₽876

PJSC LUKOIL (MCX:LKOH) Has Some Way To Go To Become A Multi-Bagger

JSC NC "KazMunayGas" and PJSC LUKOIL (MISX:LKOH) acquired 49.99% stake in Al-Farabi Offshore Project in Kazakhstan.

JSC NC "KazMunayGas" and PJSC LUKOIL (MISX:LKOH) entered into a sale and purchase agreement to acquire 49.99% stake in Al-Farabi Offshore Project in Kazakhstan.

First quarter 2021 earnings released: EPS ₽241 (vs ₽71.11 loss in 1Q 2020)

We Think PJSC LUKOIL (MCX:LKOH) Can Stay On Top Of Its Debt

Insider recently sold ₽30m worth of stock

Consensus EPS estimates increase to ₽811

Insider recently sold ₽32m worth of stock

Need To Know: Analysts Are Much More Bullish On PJSC LUKOIL (MCX:LKOH)

PJSC LUKOIL Just Missed EPS By 71%: Here's What Analysts Think Will Happen Next

Full year 2020 earnings released: EPS ₽23.31 (vs ₽963 in FY 2019)

Revenue beats expectations, earnings disappoint

Did PJSC LUKOIL (MCX:LKOH) Insiders Buy Up More Shares?

PJSC LUKOIL to Report Q4, 2020 Results on Mar 10, 2021

New 90-day high: ₽6,190