Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Novatek
  6. News
  7. Summary
    NVTK   US6698881090

NOVATEK

(NVTK)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Novatek Agrees to Sell 10% Interest in Arctic Transshipment to TotalEnergies

06/03/2021 | 07:37am EDT

By Adria Calatayud

Russia's Novatek said Thursday that it has signed an agreement with France's TotalEnergies SE on the sale of a 10% interest in its Arctic Transshipment LLC subsidiary.

The Russian energy company didn't disclose the terms of the deal.

Arctic Transshipment will operate two liquefied natural gas transshipment complexes currently under construction in the Kamchatka and Murmansk regions of Russia as part of Novatek's logistical chain, the company said.

"The transshipment facilities will ensure the optimal utilization of our ice tanker fleet and reduce the cost of transport to consuming markets for the company's existing and future LNG projects," Novatek Management Board Chairman Leonid Mikhelson said.

Novatek separately said it has signed a memorandum of understanding with TotalEnergies to cooperate on decarbonization, hydrogen and renewables.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

06-03-21 0937ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.42% 34935.47 Delayed Quote.14.13%
ISTOXX FP GR DEC 2.54 (EUR) -2.17% 36.98 Delayed Quote.0.00%
NOVATEK -0.49% 223.5 Delayed Quote.36.90%
S&P GSCI NATURAL GAS INDEX -2.05% 183.2569 Delayed Quote.59.87%
TOTALENERGIES SE -2.15% 36.7 Real-time Quote.6.25%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.13% 73.1213 Delayed Quote.-0.48%
WTI 0.53% 73.659 Delayed Quote.50.25%
All news about NOVATEK
07/29NOVATEK JOINT STOCK : Second Quarter 2021 Operational and Financial Results (inc..
PU
07/28NOVATEK : H1 Profit, Revenue Jump On Increased Economic Activity
MT
07/28Novatek 2Q Profit, Revenue Rose
DJ
07/28NOVATEK JOINT STOCK : Announces Consolidated IFRS Results for the Second Quarter..
PU
07/15NOVATEK : Board Forms Subcommittee to Tackle Climate, Alternative Energy
MT
07/15NOVATEK : to Establish New LNG-Focused Unit
MT
07/15PAO NOVATEK : NOVATEK Creates a Subsidiary to Develop Domestic LNG Fuel Market
PU
07/15NVTK Creates a Subsidiary to Develop Domestic LNG
CI
07/15PAO NOVATEK : NOVATEK's Board of Directors Established a Subcommittee on Climate..
PU
07/15PAO NOVATEK Establishes a Subcommittee
CI
More news
Financials (USD)
Sales 2021 13 735 M - -
Net income 2021 4 438 M - -
Net Debt 2021 - - -
P/E ratio 2021 14,9x
Yield 2021 2,62%
Capitalization 66 842 M 66 842 M -
Capi. / Sales 2021 4,87x
EV / Sales 2022 4,83x
Nbr of Employees -
Free-Float 61,8%
Chart NOVATEK
Duration : Period :
Novatek Technical Analysis Chart | NVTK | US6698881090 | MarketScreener
Technical analysis trends NOVATEK
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 18
Last Close Price 222,60 $
Average target price 218,54 $
Spread / Average Target -1,82%
EPS Revisions
Managers and Directors
Leonid Viktorovich Mikhelson Chairman-Management Board & Executive Director
Mark Anthony Gyetvay CFO & Deputy Chairman-Management Board
Alexander Yegorovich Natalenko Chairman
Sergey Vladimirovich Vasyunin Director-Operations & Deputy Chairman
Viktor Petrovich Orlov Independent Director
Sector and Competitors
1st jan.Capi. (M$)
NOVATEK36.90%67 172
SAUDI ARABIAN OIL COMPANY-0.43%1 857 330
ROYAL DUTCH SHELL PLC18.54%158 196
PETROCHINA COMPANY LIMITED35.00%125 220
TOTALENERGIES SE6.25%117 716
PUBLIC JOINT STOCK COMPANY GAZPROM34.85%92 672