lukoil oao-spon adr (LUKOY) Snapshot

Open Joint Stock Company Oil company LUKOIL Presents at Merrill Lynch & Co., Inc.'s 2013 CalGEMs One-on-One Conference, Jun-11-2013 . Venue: The Ritz-Carlton Laguna Nigel, One Ritz-Carlton Drive, Laguna Niguel, California, United States.

Open Joint Stock Company Oil company LUKOIL, Board Meeting, Jun 14, 2013. Agenda: To consider the issues on approval of interested-party deals.

Open Joint Stock Company Oil company LUKOIL announced unaudited consolidated earnings and production results for the first quarter ended March 31, 2013. For the period, the company reported sales (including excise and export tariffs) of $33,770 million against $35,261 million a year ago. Income from operating activities was $3,378 million against $4,042 million a year ago. Income before income taxes was $3,374 million against $4,020 million a year ago. Net income was $2,585 million against $3,653 million a year ago. Net income attributable to company was $2,581 million against $3,789 million a year ago. Diluted earnings per share of common stock attributable to company were $3.35 against $4.80 a year ago. Net cash provided by operating activities was $3,900 million against $3,880 million a year ago. Purchases of investments were $62 million against $67 million a year ago. Capital expenditures were $3,285 million against $2,421 million a year ago. EBITDA was $4,775 million against $5,346 million a year ago. Net debt is almost $4 billion. Capital expenditures increased compared to the previous quarter, primarily because of investing in new, highly efficient and effective projects like the Caspian production, production in Uzbekistan. For the quarter, the company announced loss on disposals and impairments of assets of $7 million against $9 million a year ago. For the period, the company reported total consolidated subsidiaries crude oil and natural gas liquids production of 1,794,000 BOE against 1,796,000 BOE per day a year ago. Total crude oil and natural gas liquids were 1,852,000 BOE against 1,857,000 BOE per day a year ago. Total consolidated subsidiaries natural gas production available for sale was 335,000 BOE against 332 BOE per day a year ago. Total natural gas available for sale was 344,000 BOE against 341,000 BOE per day a year ago. Total daily hydrocarbon production was 2,196,000 BOE against 2,198,000 BOE per day a year ago. Total crude oil produced by consolidated subsidiaries was 21,418,000 tonnes against 21,685,000 tonnes a year ago. Total crude oil produced was 22,090,000 tonnes against 22,395,000 tonnes a year ago. Total refinery throughput was 1,309,000 barrels against 1,308,000 barrels per day a year ago. Total refined products produced were 15,487,000 tonnes against 15,632 tonnes a year ago. Total sales volume of crude oil and refined products was 36,258,000 tonnes against 37,573,000 tonnes a year ago. The company provided earnings guidance for the year 2013. The company expects to the increase in EBITDA, alone, about $500 million per year.