Gazprom Neft will pay dividends for 2021 for 265.5 billion rubles

AK&M 27 June 2022 18:36

Gazprom Neft shareholders approved dividends in the amount of 56 rubles per ordinary share by the end of 2021. The dividends take into account the part paid according to the results of 9 months of 2021 in the amount of 40 rubles per ordinary share. 265.5 billion rubles will be allocated for the payment of dividends by the end of 2021, which corresponds to the level set by the company's dividend policy — to pay dividends to shareholders in the amount of at least 50% of net profit according to the consolidated financial statements. This is stated in the company's message.

PJSC Gazprom Neft (TIN 5504036333) and its subsidiaries are holders of licenses for exploration and development of deposits. Proven oil reserves at the company's fields exceed 4.5 billion barrels. Gazprom Group is the largest shareholder of the company.

Profit attributable to shareholders of PJSC Gazprom Neft, according to IFRS for 2021 increased 4.3 times to RUB 503.4 billion from RUB 117.7 billion a year earlier. Revenue increased by 53.5% to 3.07 trillion rubles from 1.99 trillion rubles, EBITDA increased by 2 times to 986.1 billion rubles.