Press

Gazprom Neft Shareholders Confirm Record Dividend Payment for FY2017

Posted by OilVoice Press - OilVoice

11-Jun-2018


Shareholders of Gazprom Neft (the ‘Company') have approved the Company's 2017 AnnualReport and Accounts at the Annual General Meeting of Shareholders (“AGM”), that took place in St Petersburg on 9 June 2018.

The shareholders have also endorsed the recommendation made by the Board of Directors to pay dividends in the amount of RUB72.12 billion, which represents 28.1 percent of the Company's 2017 consolidated net profit under IFRS. In 2017, net profit grew 26.5 percent year-on-year to RUB253.3 billion.

The dividend will amount to RUB15 per ordinary share, including a dividend of RUB10 per ordinary share paid based on the results of the first nine months of 2017. This is a record dividend payment for the Company, and is 40 percent higher than the previous record of RUB10.68 per ordinary share set in 2016.

Alexander Dyukov, Chairman of the Gazprom Neft Management Board, commented:“Gazprom Neft's record dividend yield is underpinned by the Company's strong financial results. In 2017, Gazprom Neft achieved the highest net profit in its history, with adjusted EBITDA up by more than 20 percent. Our improved financial performance was supported by our operational progress. The Company is successfully implementing major new upstream projects, modernising its refining assets and developing a unified digital business management platform based on cutting-edge technology.

Gazprom Neft's success in improving its operational efficiency and implementing innovative projects has been recognised by the market. Our share price demonstrated consistent growth last year, reflecting investors' interest in the Company.”

Gazprom Neft shareholders also approved the new composition of the Company's Board ofDirectors, including the appointments of Andrey Dmitriev, First Deputy Head of Department, Gazprom PJSC, and Igor Fedorov, Member of the Management Committee and Head of Department, Gazprom PJSC.

The new composition of the Board of Directors is as follows: Alexei Miller, Chairman of the Management Committee, Deputy Chairman of the Board of Directors, Gazprom PJSC;

  • -  Vladimir Alisov, First Deputy Head of Department, Gazprom PJSC;

  • -  Valery Golubev, Deputy Chairman of the Management Committee, Gazprom PJSC;

  • -  Andrey Dmitriev, First Deputy Head of Department, Gazprom PJSC;

  • -  Alexander Dyukov, Chief Executive Officer, Chairman of the Management Board, Gazprom Neft PJSC;

  • -  Andrey Kruglov, Deputy Chairman of the Management Committee, Gazprom PJSC;

  • -  Yelena Mikhailova, Member of the Management Committee, Head of Department, Gazprom PJSC;

  • -  Kirill Seleznev, Member of the Management Committee, Head of Department, Gazprom PJSC;

  • -  Mikhail Sereda, Member of the Board of Directors, Deputy Chairman of the Management Committee, and Head of Administration of the Management Committee, Gazprom PJSC;

  • -  Valery Serdyukov, Independent Director;

  • -  Igor Fyodorov, Member of the Management Committee, Head of Department, Gazprom PJSC;

  • -  Sergey Fursenko, President, FC Zenit;

  • -  Vsevolod Cherepanov, Member of the Management Committee, Head of Department, Gazprom PJSC.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

GazpromGazprom NeftDividend

More items from oilvoice


Cyber Security Experts Unite to Protect Europe’s Critical Industries

CS4CA Summit Returns to London this October Staying abreast of fast-paced industry developments is crucial for cyber security professionals. And while one can learn a lot from publications and social media, it's hard to beat the value of insights gained first-hand from peers. This is why 150+ IT ...

OilVoice Press - OilVoice


Posted 8 months agoPress > cybereurope

Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice


Posted 1 year agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice


Posted 1 year agoPress > CNOOCChina National Offshore Oil CorporationChevron +11
All posts from oilvoice