Edition:
United States

Novatek OAO (NVTK.MM)

NVTK.MM on Moscow Interbank Currency Exchange

733.00RUB
2 Dec 2016
Change (% chg)

руб1.80 (+0.25%)
Prev Close
руб731.20
Open
руб731.00
Day's High
руб738.00
Day's Low
руб724.00
Volume
592,520
Avg. Vol
--
52-wk High
--
52-wk Low
--

Latest Key Developments (Source: Significant Developments)

Russia's Novatek and Japan's JBIC sign memorandum on partnership
Monday, 5 Sep 2016 01:52am EDT 

Russia's NOVATEK said on Monday: Novatek and the Japan Bank for International Cooperation (JBIC) signed a Memorandum of Understanding (MOU) for strategic partnership; . The MOU confirms their intention to cooperate in the implementation of NOVATEK's LNG projects, including financing and investment; . Russian Economy Minister Alexei Ulyukayev said last week that Japanese state banks, including JBIC, may take part in financing of Novatek's Arctic LNG-2 project. [nL8N1BF03C] (Reporting by Moscow Newsroom) ((Polina.Devitt@thomsonreuters.com; +7 495 775 12 42; Reuters Messaging: polina.devitt.reuters.com@reuters.net)).  Full Article

Russia's Novatek says Q2 net profit rises 9.6 pct yr/yr
Wednesday, 27 Jul 2016 06:04am EDT 

Novatek says: Q2 net profit at 45.9 billion roubles ($694.4 million), versus 41.9 billion roubles in Q2 2015; . Normalised EBITDA, inclusive of joint ventures, at 59.5 billion roubles, versus 49.5 billion roubles in Q2 2015; .Total revenues at 127.4 billion roubles, versus 112.2 billion roubles in Q2 2015..  Full Article

Russia's Novatek extends share buyback program by one year
Thursday, 19 May 2016 04:00am EDT 

Novatek says: The management board of Novatek approved the extension of the share buyback programme until June 7, 2017, keeping all the terms of the programme unchanged. .As of May, 18, 2016, 15,710,090 ordinary shares (including in a form of Global Depositary Receipts) have been purchased on the open market as part of the programme..  Full Article

Moody's confirms Novatek OAO corporate family rating, gives negative outlook
Tuesday, 26 Apr 2016 06:39am EDT 

Moody's:Says onfirms Novatek OAO corporate family rating at Ba1, gives negative outlook.  Full Article

Novatek OAO sees 2016 liquids production up 30 pct-Reuters
Tuesday, 22 Mar 2016 01:55am EDT 

Novatek OAO:Expects its production of crude oil and gas condensate to increase by 30 percent this year, Chief Executive Leonid Mikhelson told Rossiya-24 TV channel-Reuters.In Dec., Novatek started commercial production at the Yarudeyskoye oil field in northern Russia.  Full Article

Novatek OAO recommends H2 dividend of 6.9 roubles/share
Thursday, 10 Mar 2016 08:17am EST 

Novatek OAO:Says its board of directors had recommended a dividend payment of 6.9 roubles per share (69 roubles per GDR) for the second half of 2015.Including a previously payed interim dividend, the total payment for 2015 will reach 13.5 roubles per share, up 31 percent from 2014.  Full Article

Novatek OAO - Blast near Novatek's oil field kills one man in Russia - Interfax - Reuters News
Saturday, 5 Mar 2016 05:17am EST 

Novatek OAO:An explosion near an oil field operated by Russian natural gas producer Novatek killed one man and hurt two other people in Siberia's Yamal region on Saturday, Interfax news agency reported, citing regional emergency officials - RTRS.Interfax said the accident happened during exploration and blasting works near the Yarudeyskoye field, which started commercial production in 2015, according to Novatek's website.The field reached its planned production capacity of 9,700 tonnes of crude per day, which is equivalent to approximately 3.5 million tonnes per year, in January.  Full Article

Novatek OAO Novatek to keep gas production flat, up liquids 30% in 2016 - Interfax
Friday, 22 Jan 2016 05:43am EST 

Novatek OAO:Novatek is not planning to raise gas production in 2016, but liquids production might grow 30%, the company's CEO, Leonid Mikhelson, told reporters - Interfax."There'll be substantial growth in liquids production this year as well. Last year we had record results - 51% growth, and this year it'll be 30%, but there'll be no growth for gas" he said.  Full Article

Novatek OAO and China's Silk Road Fund sin share purchase and loan agreements
Thursday, 17 Dec 2015 02:25am EST 

Novatek OAO:Signed with China's Silk Road Fund (SRF) a share purchase and sale agreement in relation to a 9.9 pct equity stake in Yamal LNG.The parties also signed an agreement for the provision of a 15-year loan by SRF to Novatek in the amount of about 730 million euros for the purpose of financing of the Yamal LNG project.  Full Article

Novatek OAO launches commercial production at Yarudeyskoye Oil Field
Tuesday, 1 Dec 2015 01:30am EST 

Novatek OAO:Announces the start of commercial production at the Yarudeyskoye oil field.Says the field is expected to rapidly reach its planned daily production level of around 3.5 million tonnes of crude oil per year.He Yarudeyskoye oil field is developed by Yargeo, a joint venture between Novatek (51 percent) and Nefte Petroleum Limited (49 percent).  Full Article

Russia's Novatek eyes over 1 bln euros in Yamal LNG financing - Nikkei

MOSCOW, Nov 25 Russian gas producer Novatek is negotiating borrowing more than 1 billion euros ($1.06 billion) for its Yamal project from European and Japanese lenders, Novatek's chief executive said in an interview with The Nikkei.