Gazprom Neft's revenue under IFRS for the first quarter of 2025 fell by 8.8% to 890.916 billion rubles from 977.298 billion rubles a year earlier. Adjusted EBITDA decreased by 23% to RUB 271.998 billion from RUB 353.459 billion, and profit attributable to Gazprom Neft shareholders decreased by 41.9% to RUB 92.636 billion from RUB 159.501 billion. This was announced by the company.
The volume of hydrocarbon production increased by 5.3% and amounted to 32.5 million tons of oil equivalent. The volume of oil refining increased by 1.8% and reached 10.6 million tons.
Gazprom Neft PJSC (TIN 5504036333) and its subsidiaries are holders of licenses for exploration and development of deposits. The proven oil reserves in the company's fields exceed 4.5 billion barrels. Gazprom Group is the largest shareholder of the company.
Gazprom Neft's profit attributable to shareholders for 2024 under IFRS amounted to 479.45 billion rubles against 641.11 billion rubles a year earlier (-25.2%). Revenue increased by 16.5% to RUB 4.1 trillion from RUB 3.52 trillion, adjusted EBITDA increased by 5.8% to RUB 1.39 trillion from RUB 1.32 trillion.
