|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||70.69 - 71.29|
|52 Week Range||51.66 - 71.75|
|PE Ratio (TTM)||3.16|
|Forward Dividend & Yield||4.12 (6.11%)|
|1y Target Est||56.45|
Russia's No.2 oil producer Lukoil (LKOH.MM) has started the first stage of the $3 billion (2.28 billion pounds) share buyback programme it announced earlier this year, acquiring an initial 390,816 shares, the company said on Tuesday. Lukoil plans to spend at least $1 billion acquiring its own stock by the end of next year, with the full buyback programme running until the end of 2022. The company said that in the first stage of the programme it had bought depositary receipts between Sept. 12 and Sept. 14 for $67.96 per receipt, spending a total of $26.56 million on the London Stock Exchange and CBOE Europe.
Protesters peacefully left a water treatment facility linked to Iraq's West Qurna 2 oilfield, managed by Russia's Lukoil, and released two Iraqi employees they had held hostage, a Lukoil source and a source with Basra's police said. Protesters held the facility for about an hour. Production was not disrupted, a manager at the oilfield said.
This article is intended for those of you who are at the beginning of your investing journey and want to learn about Return on Equity using a real-life example. PJSCRead More...
The U.S. Administration has underestimated the ability of major Russian oil and gas companies to dodge sanctions and benefit from recent depreciation of the ruble on the back of emerging markets slowdown and escalation of China-U.S. trade wars. Major oil companies like Rosneft, which trades on the London exchange under symbol ROSN, have posted record 2Q earnings on increasing production and this trade is likely to continue towards year's end. If there's a "long Russia" trade to make, it's Rosneft shares.
In the widely anticipated Helsinki summit between President Donald Trump and Russian President Vladimir Putin, Trump was uncharacteristically deferential. Naturally, this behavior sparked a political firestorm, leading to the conclusion that the only winner here is Russia. Fox Business host Neil Cavuto blasted Trump’s congenial attitude towards Putin as “disgusting.” Referring to Russia’s disinformation campaign during the 2016 election, Cavuto stated that Trump “is essentially letting the guy get away with this and not even offering a mild criticism.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health toRead More...
Oil giants are fleeing Iran on the threat of U.S. sanctions despite previous promises to maintain their business ties with Tehran following the nuclear deal fiasco
PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas. PJSC LUKOIL’s insiders have invested 158,482 shares in the large-cap stocks withinRead More...
Rosneft PJSC is trying to persuade investors that it can shrink its record debt burden in an effort to close the valuation gap with some of its rivals.
PJSC LUKOIL (MISX:LKOH) delivered a less impressive 12.05% ROE over the past year, compared to the 13.81% return generated by its industry. An investor may attribute an inferior ROE toRead More...
TRENTON, N.J. (AP) — Two lottery prizes together worth almost a billion dollars and sold just 150 miles apart are still waiting to be claimed.
Oil trading giants including Glencore Ltd. and Vitol SA paid millions of dollars to a former PDVSA trader to get the inside track on Venezuelan oil deals, according to a lawsuit filed by a trust for Petróleos ...
CARACAS, Venezuela (AP) — A trust linked to Venezuela's state oil company PDVSA has filed a lawsuit against major international energy trading firms for their alleged role funneling bribes to corrupt company officials in exchange for rigged oil purchase contracts.
CARACAS, Venezuela (AP) — A trust linked to Venezuelan state oil company PDVSA has filed a lawsuit against Glencore, Lukoil and other energy trading firms for their alleged role funneling bribes to corrupt company officials in exchange for rigged oil purchase and sale contracts.
Vagit Alekperov, the head of Russia's No.2 oil producer Lukoil (LKOH.MM), said on Thursday the banks had become more demanding when dealing with his company after Washington published a so-called "oligarch list". The U.S. Treasury Department last month released a list of wealthy Russian businessmen it said were close to the Kremlin that included Alekperov. The list, drawn up as part of a sanctions package signed into law in August last year, does not mean that those included will be subject to sanctions, but casts a shadow of sanctions risk over a wide circle of wealthy Russians, including many outside President Vladimir Putin's immediate circle.
MOSCOW (Reuters) - Russia's oil industry will continue to monitor implementation of a global deal on cutting oil production, and Energy Minister Alexander Novak will take a final decision independently, ...