LUKOY - Lukoil Doubles Dividend Payout: Here Is What It Means For The Stock
Lukoil (LUKOY) is a Russian oil and gas company that operates under Western standards; offering the maximum yield in the industry.
Lukoil is the second largest oil producer in Russia by production volume. That said, unlike similarly large Russian oil companies, it does not have any controlling shareholder and is not a state-run company. This makes it possible for Lukoil to conduct a shareholder-friendly policy, which matches management's interests.
Lukoil is shareholders' best friend on the Russian market
Historically, Lukoil has always tried to apply the standards of the world-renowned oil and gas majors in