Log in
E-mail
Password
Show 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
Delayed Quote. Delayed London Stock Exchange - 10/22 11:38:46 am
260.3 USD   +0.15%
10/18NOVATEK JOINT STOCK : Update on NOVATEK Buyback Program
PU
10/15NOVATEK JOINT STOCK : Holds Arctic LNG Projects Shipowners Conference
PU
10/15NOVATEK JOINT STOCK : Hosts Contractors Forum
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Novatek Joint Stock : Obtains the Arkticheskoye and Neytinskoye Fields

09/08/2021 | 07:52am EDT
Press Releases and Events NOVATEK Obtains the Arkticheskoye and Neytinskoye Fields

Moscow, 8 September 2021. PAO NOVATEK ('NOVATEK' and/or the 'Company') announced today that the Company's wholly owned subsidiary, Yamal LNG Resource, won the auctions for geological survey, exploration, and production licenses for two subsoil license areas, which includes the Arkticheskoye and Neytinskoye fields on the Yamal Peninsula in the Yamal-Nenets Autonomous Region.

The Arkticheskoye and Neytinskoye fields have combined estimated hydrocarbon reserves of 2.9 billion barrels of oil equivalent (boe), including 413 billion cubic meters (bcm) of natural gas and 28 million tons of liquids, according to the Russian hydrocarbon classification system. The license terms are for 27 years and resulted in cumulative one-time payments for the subsoil use of RR 13,154.85 million.

The new license areas are located in close proximity to NOVATEK's existing assets on the Yamal Peninsula and expand the Company's resource base for implementing LNG projects.

PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company's upstream activities are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 80% of Russia's natural gas production and approximately 15% of the world's gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol 'NVTK'.

Disclaimer

OAO Novatek published this content on 08 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2021 11:51:04 UTC.


© Publicnow 2021
All news about NOVATEK
10/18NOVATEK JOINT STOCK : Update on NOVATEK Buyback Program
PU
10/15NOVATEK JOINT STOCK : Holds Arctic LNG Projects Shipowners Conference
PU
10/15NOVATEK JOINT STOCK : Hosts Contractors Forum
PU
10/15Russia's Novatek to open Arctic plant in 2027 to produce hydrogen, ammonia - Ifax
RE
10/13NOVATEK JOINT STOCK : Fueling the Low-Carbon Energy Future (ESG presentation)
PU
10/11NOVATEK JOINT STOCK : Q3 Preliminary Natural Gas Sales Rise Marginally
MT
10/11NOVATEK JOINT STOCK : Reports Preliminary Operating Data for the Third Quarter and Nine Mo..
PU
10/11PAO NOVATEK Reports Preliminary Operating Results for the Third Quarter and Nine Months..
CI
10/11Novatek Production Fell 0.5% Year-On-Year in 3Q
DJ
10/10NOVATEK JOINT STOCK : Finance Chief Seeks Dismissal of US Tax Fraud Case
MT
More news
Analyst Recommendations on NOVATEK
More recommendations
Financials (USD)
Sales 2021 14 808 M - -
Net income 2021 5 220 M - -
Net Debt 2021 1 066 M - -
P/E ratio 2021 16,1x
Yield 2021 3,05%
Capitalization 78 112 M 78 112 M -
EV / Sales 2021 5,35x
EV / Sales 2022 5,30x
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 OUTPERFORM
Number of Analysts 16
Last Close Price 260,30 $
Average target price 249,97 $
Spread / Average Target -3,97%
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$)
NOVATEK59.30%78 112
SNGN ROMGAZ SA31.49%3 349
ENWELL ENERGY PLC87.21%181
LA FRANÇAISE DE L'ENERGIE23.96%143
ALVOPETRO ENERGY LTD.581.94%134
WENTWORTH RESOURCES PLC26.32%61