Operating Highlights
| Metric | 2019 | 2018 |
|---|---|---|
| Proved SEC reserves of liquid hydrocarbons, mmt | 3,935 | 3,899 |
| Proved PRMS reserves of liquid hydrocarbons, mmt | 4,383 | 4,377 |
| Proved SEC reserves of marketable gas, bcm | 2,119 | 2,065 |
| Proved PRMS reserves of marketable gas, bcm | 2,452 | 2,420 |
| PRMS hydrocarbon reserves-to-production ratio, years | 23 | 23 |
| Production of liquid hydrocarbons, mmt | 230.2 | 230.2 |
| Natural gas production, bcm | 67.0 | 67.3 |
| Oil exports, mmt | 149.4 | 123.7 |
| Oil refining, mmt | 110.2 | 115.0 |
| Petroleum product and petrochemicals output, mmt | 107.5 | 111.7 |
| Petroleum product and petrochemicals export, mmt | 71.1 | 73.7 |
| Domestic retail sales of petroleum products, mmt | 14.5 | 13.7 |
Financial Highlights
| Metric | 2019 | 2018 |
|---|---|---|
| Revenues and equity share in profits of associates and joint ventures, RUB bln | 8,676 | 8,238 |
| EBITDA, RUB bln | 2,105 | 2,081 |
| EBITDA margin | 24.0% | 24.8% |
| Taxes and customs duties, RUB trln | 3.7 | 4.0 |
| Net income, RUB bln | 805 | 649 |
| Net income margin | 9.3% | 7.9% |
| ROACE | 15.7% | 17.4% |
| ROAE | 14.3% | 12.3% |
| Capex, RUB bln | 854 | 936 |
| Unit capex in exploration and production, USD /boe | 6.1 | 6.8 |
| Unit opex in production, USD /boe | 3.1 | 3.1 |
| Free cash flow, RUB bln | 884 | 1,133 |
| Dividend per share, RUB | 33.41* | 25.91 |
| Total accrued dividends, RUB bln | 354.1* | 274.6 |
* Including dividends for the first six months of 2019 and dividends recommended by the Board of Directors to be approved at the General Shareholders Meeting in May 2020.
Operational Structure
| BOCL | ||
| EXPLORATION AND PRODUCTION | REFINING AND MARKETING | MAINTENANCE |
|---|---|---|
| EXPLORATION & PRODUCTION AND DEVELOPMENT | REFINING | MARKETING |