MISX:SIBN

Stock Analysis Report

Executive Summary

Public Joint Stock Company Gazprom Neft, an integrated oil company, engages in the exploration, development, production, and sale of crude oil and gas in Russia, the CIS countries, and internationally.

Snowflake

Fundamentals

Excellent balance sheet with solid track record and pays a dividend.


Similar Companies

Share Price & News

How has Gazprom Neft's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.5%

SIBN

-0.08%

RU Oil and Gas

-0.08%

RU Market


1 Year Return

24.2%

SIBN

21.2%

RU Oil and Gas

16.0%

RU Market

SIBN outperformed the Oil and Gas industry which returned 21.2% over the past year.

SIBN outperformed the Market in Russian Federation which returned 16% over the past year.


Share holder returns

SIBNIndustryMarket
7 Day0.5%-0.08%-0.08%
30 Day0.5%3.6%4.4%
90 Day2.8%2.5%1.7%
1 Year35.0%24.2%29.6%21.2%24.1%16.0%
3 Year184.1%133.2%91.5%61.2%62.4%37.7%
5 Year291.4%194.3%157.9%99.4%158.2%102.8%

Price Volatility Vs. Market

How volatile is Gazprom Neft's share price compared to the market and industry in the last 5 years?


Simply Wall St News

3 weeks ago | Simply Wall St

Is Public Joint Stock Company Gazprom Neft (MCX:SIBN) Creating Value For Shareholders?

Valuation

Is Gazprom Neft undervalued based on future cash flows and its price relative to the stock market?

4.62x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Gazprom Neft's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Gazprom Neft's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Gazprom Neft is good value based on earnings compared to the RU Oil and Gas industry average.

Gazprom Neft is good value based on earnings compared to the Russian Federation market.


Price Based on Expected Growth

Gazprom Neft is poor value based on expected growth next year.


Price Based on Value of Assets

Gazprom Neft is overvalued based on assets compared to the RU Oil and Gas industry average.


Next Steps

Future Growth

How is Gazprom Neft expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

2.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Gazprom Neft's revenue is expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).

Gazprom Neft's earnings are expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).

Gazprom Neft's revenue growth is positive but not above the Russian Federation market average.

Gazprom Neft's earnings growth is positive but not above the Russian Federation market average.

Gazprom Neft's earnings growth is positive but not above the low risk savings rate of 8.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Gazprom Neft is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Gazprom Neft performed over the past 5 years?

26.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Gazprom Neft has delivered over 20% year on year earnings growth in the past 5 years.

Gazprom Neft's 1-year earnings growth exceeds its 5-year average (37.8% vs 26.6%)

Gazprom Neft's earnings growth has not exceeded the RU Oil and Gas industry average in the past year (37.8% vs 37.8%).


Return on Equity

Gazprom Neft has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Gazprom Neft used its assets more efficiently than the RU Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

Gazprom Neft has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Gazprom Neft's financial position?


Financial Position Analysis

Gazprom Neft is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Gazprom Neft's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Gazprom Neft's level of debt (34.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (34.3% vs 34.2% today).

Debt is well covered by operating cash flow (87.1%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 59.1x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.1x debt.


Next Steps

Dividend

What is Gazprom Neft's current dividend yield, its reliability and sustainability?

8.53%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Gazprom Neft before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Gazprom Neft's pays a higher dividend yield than the bottom 25% of dividend payers in Russian Federation (3.06%).

Gazprom Neft's dividend is below the markets top 25% of dividend payers in Russian Federation (8.53%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).


Next Steps

Management

What is the CEO of Gazprom Neft's salary, the management and board of directors tenure and is there insider trading?

11.7yrs

Average management tenure


CEO

Alexander Dyukov (52yo)

12.7yrs

Tenure

0

Mr. Alexander Valerievich Dyukov serves as the Chief Executive Officer of OJSC Gazpromneft-Omsk Refinery. Mr. Dyukov has been the President of JSC Sibur Holding of Sibirsko-uralskaya Neftegazohimicheskaya  ...


Management Age and Tenure

11.7yrs

Average Tenure

51yo

Average Age

The average tenure for the Gazprom Neft management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.7yrs

Average Tenure

51yo

Average Age

The tenure for the Gazprom Neft board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Alexander Dyukov (52yo)

    CEO, Chairman of the Management Board & Executive Director

    • Tenure: 12.7yrs
  • Anatoly Cherner (65yo)

    Deputy Chairman of the Management Board and Deputy CEO of Logistics

    • Tenure: 11.8yrs
  • Aleksander Dybal (53yo)

    Deputy CEO of Corporate Communications & Member of the Management Board

    • Tenure: 11.8yrs
  • Kirill Kravchenko (43yo)

    Deputy CEO for Organizational Affairs & Member of Management Board

    • Tenure: 11.6yrs
  • Vadim Yakovlev (49yo)

    Deputy Chairman of the Management Board & First Deputy CEO

    • Tenure: 11.7yrs
  • Elena Ilyukhina (50yo)

    Deputy CEO of Legal & Corporate Affairs and Member of the Management Board

    • Tenure: 11.8yrs
  • Igor Antonov (68yo)

    Deputy CEO of Security & Member of the Management Board

    • Tenure: 11.6yrs
  • Vladislav Baryshnikov (54yo)

    Deputy CEO of International Business Development & Member of the Management Board

    • Tenure: 9.8yrs
  • Andrei Yankevich (46yo)

    CFO, Deputy CEO of Economics & Finance and Member of the Management Board

    • Tenure: 0yrs
  • Andrei Patrushev (38yo)

    Deputy CEO of Offshore Project Development & Member of the Management Board

    • Tenure: 0yrs

Board Members

  • Alexei Miller (57yo)

    Chairman

    • Tenure: 13.8yrs
  • Mikhail Sereda (49yo)

    Non-executive Director

    • Tenure: 5.8yrs
  • Andrey Vyacheslavovich Kruglov (50yo)

    Non-Executive Director

    • Tenure: 13.8yrs
  • Alexander Dyukov (52yo)

    CEO, Chairman of the Management Board & Executive Director

    • Tenure: 12.7yrs
  • Valery Serdyukov (74yo)

    Independent Director

    • Tenure: 6.8yrs
  • Kirill Seleznev (45yo)

    Non-executive Director

    • Tenure: 13.8yrs
  • Galina Delvig (59yo)

    Head of Department of Internal Audit & Member of Audit Commission

    • Tenure: 1.3yrs
  • Andrey Dmitriev (45yo)

    Director

    • Tenure: 1.3yrs
  • Vladimir Alisov (59yo)

    Non-executive Director

    • Tenure: 0yrs
  • Elena Mikhailova (42yo)

    Non-executive Director

    • Tenure: 7.7yrs

Company Information

Public Joint Stock Company Gazprom Neft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company Gazprom Neft
  • Ticker: SIBN
  • Exchange: MISX
  • Founded: 1995
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: RUруб1.963t
  • Shares outstanding: 4.72b
  • Website: https://www.gazprom-neft.com

Location

  • Public Joint Stock Company Gazprom Neft
  • 3-5, Pochtamtskaya Street
  • St. Petersburg
  • 190000
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SIBNMISX (Micex - Rts)YesCommon StockRURUBAug 1996
GAZLSE (London Stock Exchange)SPON ADRGBUSDAug 1999
GZPF.YOTCPK (Pink Sheets LLC)SPON ADRUSUSDAug 1999
SCFDB (Deutsche Boerse AG)SPON ADRDEEURAug 1999
GAZLBATS-CHIXE (BATS 'Chi-X Europe')SPON ADRGBUSDAug 1999

Biography

Public Joint Stock Company Gazprom Neft, an integrated oil company, engages in the exploration, development, production, and sale of crude oil and gas in Russia, the CIS countries, and internationally. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 21:06
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.