SGTZY - Surgutneftegaz: An Unknown Russian Gem Yielding 14%
(This article was made in partnership with the investment channel JYK, who produced the video present in the article)
Surgutneftegaz (SGTPY)(SGTZY) is an oil and gas company established in 1993 by merging several previously state-owned companies owning large oil reserves in Western Siberia. It also operates a large oil refinery in Kirishi and is engaged in fuel retail activities in Northwest Russia. By most measures, it is the 3rd largest oil producer in Russia, producing 11% of the country's total (around 122,000 bpd based on current numbers), behind only Rosneft