The profit attributable to the shareholders of PJSC NOVATEK amounted to RUB 341.7 billion (RUB 114.34 per share) for the first half of 2024, which is 2.2 times higher than in the first half of 2023 – 155.6 billion rubles. This is stated in the company's message.
Revenue from sales and normalized EBITDA, taking into account the share of joint ventures in EBITDA, amounted to 752.4 billion rubles and 480.7 billion rubles, respectively, an increase of 17% and 15.6%.
Net cash generated from the group's operating activities remained virtually unchanged and amounted to RUB 182.4 billion. The funds used to pay for capital investments amounted to 122 billion rubles, an increase of 15.7%.
PJSC NOVATEK – an independent producer of natural gas in Russia. Established in 1994, the company is engaged in the exploration, production, processing and sale of gas and liquid hydrocarbons. NOVATEK's deposits and license areas are located mainly in the Yamalo-Nenets Autonomous Okrug.
The profit attributable to the shareholders of PJSC NOVATEK for 2023 amounted to 463.03 billion rubles (154.95 rubles per share) in 2023. Revenue from sales amounted to 1.37 trillion rubles, EBITDA – 889.8 billion rubles.
