Sberbank - NOVATEK JSC (NVTK) ... Novatek - 4Q18 Review: Novatek Continued to Mint FCF Despite Tough Quarter

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Sberbank

Andrey Gromadin ...

Anna Kotelnikova

Novatek - 4Q18 Review: Novatek Continued to Mint FCF Despite Tough Quarter

Novatek reported 4Q18 IFRS numbers yesterday. Net revenues were $3.56 bln, EBITDA $0.98 bln and net income $0.64 bln.

21/02/2019 3 EN

Underlyings

NOVATEK JSC

Novatek is an independent gas producer and natural gas producer in Russia. Co. is engaged in the exploration, production, and processing of natural gas and liquid hydrocarbons. Co.'s upstream activities are concentrated in the Yamal-Nenets region, which is a natural gas producing area and accounts for a significant part of Russia's natural gas production. Co.'s three core fields are located in the regions of Yurkharovskoye, East Tarkosalinskoye and Khancheyskoye. Co. maintains natural gas reserves of approximately 1,144 bcm. Co.'s total net proved reserves totals around 8,088 million barrels of oil equivalent (boe).

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RU000A0DKVS5 Moscow Exchange MICEX-RTS Russia

NOVATEK JSC Sponsored GDR RegS

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US6698881090 London Stock Exchange Russia

Provider

Sberbank

Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

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Analysts

Andrey Gromadin

Anna Kotelnikova

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Novatek - 4Q18 Review: Novatek Continued to Mint FCF Despite Tough Quarter

Raiffeisen Research Institutional Equity Daily 22.04.2022

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