MISX:SIBN

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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 the Russian Federation, the CIS countries, and internationally. More Details


Snowflake Analysis

Adequate balance sheet average dividend payer.


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

Stable Share Price: SIBN is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SIBN's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.1%

SIBN

-0.6%

RU Oil and Gas

1.2%

RU Market


1 Year Return

-22.9%

SIBN

-21.5%

RU Oil and Gas

-1.5%

RU Market

Return vs Industry: SIBN underperformed the Russian Oil and Gas industry which returned -21.8% over the past year.

Return vs Market: SIBN underperformed the Russian Market which returned -1.8% over the past year.


Shareholder returns

SIBNIndustryMarket
7 Day0.1%-0.6%1.2%
30 Day13.7%14.9%12.8%
90 Day2.8%3.5%6.4%
1 Year-18.3%-22.9%-15.7%-21.5%5.3%-1.5%
3 Year67.4%31.6%53.5%25.6%53.1%26.9%
5 Year194.3%117.7%95.8%47.3%122.0%69.7%

Long-Term 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

Valuation

Is Gazprom Neft undervalued compared to its fair value and its price relative to the market?

13.08x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SIBN (RUB322.8) is trading above our estimate of fair value (RUB115.93)

Significantly Below Fair Value: SIBN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SIBN is poor value based on its PE Ratio (13.1x) compared to the RU Oil and Gas industry average (12.1x).

PE vs Market: SIBN is poor value based on its PE Ratio (13.1x) compared to the Russian market (11.4x).


Price to Earnings Growth Ratio

PEG Ratio: SIBN is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: SIBN is overvalued based on its PB Ratio (0.7x) compared to the RU Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

19.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIBN's forecast earnings growth (19% per year) is above the savings rate (8.3%).

Earnings vs Market: SIBN's earnings (19% per year) are forecast to grow slower than the Russian market (26.1% per year).

High Growth Earnings: SIBN's earnings are forecast to grow, but not significantly.

Revenue vs Market: SIBN's revenue (9.4% per year) is forecast to grow faster than the Russian market (7.6% per year).

High Growth Revenue: SIBN's revenue (9.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SIBN's Return on Equity is forecast to be low in 3 years time (7.8%).


Next Steps

Past Performance

How has Gazprom Neft performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIBN has high quality earnings.

Growing Profit Margin: SIBN's current net profit margins (6.2%) are lower than last year (16.2%).


Past Earnings Growth Analysis

Earnings Trend: SIBN's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: SIBN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SIBN had negative earnings growth (-70.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-43.4%).


Return on Equity

High ROE: SIBN's Return on Equity (5.5%) is considered low.


Next Steps

Financial Health

How is Gazprom Neft's financial position?


Financial Position Analysis

Short Term Liabilities: SIBN's short term assets (RUB626.3B) do not cover its short term liabilities (RUB647.3B).

Long Term Liabilities: SIBN's short term assets (RUB626.3B) do not cover its long term liabilities (RUB1,170.4B).


Debt to Equity History and Analysis

Debt Level: SIBN's debt to equity ratio (35.9%) is considered satisfactory.

Reducing Debt: SIBN's debt to equity ratio has reduced from 53.9% to 35.9% over the past 5 years.

Debt Coverage: SIBN's debt is well covered by operating cash flow (57.7%).

Interest Coverage: SIBN's interest payments on its debt are well covered by EBIT (13.5x coverage).


Balance Sheet


Next Steps

Dividend

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

11.76%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: SIBN's dividend (11.76%) is higher than the bottom 25% of dividend payers in the Russian market (3.86%).

High Dividend: SIBN's dividend (11.76%) is in the top 25% of dividend payers in the Russian market (8.01%)


Stability and Growth of Payments

Stable Dividend: SIBN has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SIBN's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (80.3%), SIBN's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SIBN's dividends in 3 years are forecast to be well covered by earnings (39.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.9yrs

Average management tenure


CEO

Alexander Dyukov (53 yo)

13.92yrs

Tenure

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Alexander Dyukov
CEO, Chairman of the Management Board & Executive Director13.92yrsno data0.0054%
RUB 81.1m
Elena Mikhailova
Head of Department8.92yrs₽43.97mno data
Anatoly Cherner
Deputy Chairman of the Management Board and Deputy CEO of Logistics13yrsno datano data
Vadim Yakovlev
Deputy Chairman of the Management Board & Deputy CEO for Upstream9.92yrsno data0.0011%
RUB 16.0m
Vitaly Markelov
Director & Deputy Chairman of Management Board1.25yrsno datano data
Famil Kamil Sadygov
Director & Deputy Chairman of Management Board1.25yrsno datano data
Alexey Yankevich
Deputy CEO of Economics & Finance and Member of the Management Boardno datano datano data
Aleksander Dybal
Deputy CEO of Corporate Communications & Member of the Management Board13yrsno datano data
Kirill Kravchenko
Deputy CEO for Administration & Member of Management Board11.92yrsno data0.000070%
RUB 1.1m
Elena Ilyukhina
Deputy CEO of Legal & Corporate Affairs and Member of the Management Board13yrsno datano data
Igor Antonov
Deputy CEO of Security & Member of the Management Board12.83yrsno datano data
Sergei Menshikov
Head of Department1.25yrsno datano data

11.9yrs

Average Tenure

52yo

Average Age

Experienced Management: SIBN's management team is seasoned and experienced (11.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alexander Dyukov
CEO, Chairman of the Management Board & Executive Director13.92yrsno data0.0054%
RUB 81.1m
Elena Mikhailova
Head of Department8.92yrs₽43.97mno data
Vitaly Markelov
Director & Deputy Chairman of Management Board1.25yrsno datano data
Famil Kamil Sadygov
Director & Deputy Chairman of Management Board1.25yrsno datano data
Sergei Menshikov
Head of Department1.25yrsno datano data
Sergey Kuznets
Head of Department1.25yrsno datano data
Galina Delvig
Head of Internal Audit Function & Member of Audit Commission2.5yrsno datano data
Alexey Miller
Chairman15yrs₽59.96mno data
Mikhail Sereda
Non-executive Director7yrs₽45.97mno data
Valery Serdyukov
Non Executive Director8yrs₽39.98mno data
Kirill Seleznev
Non-Executive Director15.17yrs₽39.98mno data
Vladimir Alisov
Non-Executive Director11.5yrs₽39.98mno data

7.5yrs

Average Tenure

52.5yo

Average Age

Experienced Board: SIBN's board of directors are considered experienced (7.5 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 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: ₽1.507t
  • 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)LEVEL 1 ADR REPR 5 ORD RUBGBUSDAug 1999
GZPF.YOTCPK (Pink Sheets LLC)LEVEL 1 ADR REPR 5 ORD RUBUSUSDAug 1999
SCFDB (Deutsche Boerse AG)LEVEL 1 ADR REPR 5 ORD RUBDEEURAug 1999
GAZLBATS-CHIXE (BATS 'Chi-X Europe')LEVEL 1 ADR REPR 5 ORD RUBGBUSDAug 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 the Russian Federation, the CIS countries, and inte...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 18:02
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.