Last €27.68 EUR
Change Today -0.65 / -2.29%
Volume 0.0
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As of 4:16 AM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

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09/5/14 - €31.32
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03/25/14 - €22.37
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tatneft-sponsored adr (TTFB) Details

OAO Tatneft is engaged in the exploration, development, and production of oil and gas. It has exploration and production projects principally on the territory of Tatarstan in the Russian Federation. The company is also involved in the refining and marketing of crude oil and refined products, as well as production and marketing of petrochemicals; and retailing activities. As of January 23, 2014, it operated 648 filling stations with 524 located in the territory of the Russian Federation, 114 filling stations in the territory of the Ukraine, and 10 stations located in the Republic of Belarus. In addition, the company produces and sells tires; and petrochemical raw materials and refined products, which are used in production of tires. Further, it sells oilfield equipment; provides drilling services to other companies in Tatarstan; and sells auxiliary petrochemical related services and materials. The company was founded in 1950 and is headquartered in Almetyevsk, the Russian Federation.

Founded in 1950

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tatneft-sponsored adr (TTFB) Key Developments

JSC Tatneft Announces Operating Results for the First Half of 2014

JSC Tatneft announced operating results for the first half of 2014. For the period, the company the company's fields produced 12.986 million tons of crude oil, which was 0.4 % higher than during the similar period of the last year. The volume of produced associated petroleum gas amounted to 435 million cubic meters, which was 2.2 % versus the same period in 2013. 131 new production wells were put into operation, which produced 115.6 thousand tons of crude oil. The amount of 106.8 thousand tons of oil was produced at Ashalchinskoye extra-viscous oil field in the first half of the year. The cumulative production since the beginning of the deposit development amounted to 432.4 thousand tons of extra-viscous oil.

OAO Tatneft, Board Meeting, Aug 28, 2014

OAO Tatneft, Board Meeting, Aug 28, 2014. Agenda: To consider the results of first half of 2014; and to consider the other issues of the company.

OAO Tatneft Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

OAO Tatneft reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported sales and other operating revenues, net of export duties and excise tax, in the second quarter of 2014 were RUB 128,122 million as compared to RUB 104,696 million a year ago. Profit attributable to Group shareholders was RUB 27,174 million compared to RUB 14,935 million a year ago. For the six months, the company reported sales and other operating revenues, net of export duties and excise tax, was RUB 244,862 million as compared to RUB 211,250 million a year ago. The consolidated profit attributable to Group shareholders was RUB 51,565 million compared to RUB 31,909 million a year ago.


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