LUKFY News and Press, PJSC Lukoil GDR - 144A

Since the invasion, my funds in Russia have been frozen. I don’t believe central banks really have the will to have very high levels of bankruptcy/unemployment/social conflict. The main concern with oil/gas companies is that the managements insist on reinvestment/growth and...

Shell (NYSE:SHEL) confirmed Thursday that it agreed to sell its downstream assets in Russia to Lukoil (OTCPK:LUKOY) for an undisclosed sum; the deal requires the approval of the country's anti-monopoly authorities. The deal includes 411 retail stations located mostly in the Central and Northw...

Shell (NYSE:SHEL) said Friday it is in talks to sell its network of fuel stations and lubricant plant in Russia, as it moves ahead with plans to exit the country following the invasion of Ukraine. Ahead of the possible sale, Shell has suspended operations at its filling stations and the Torzh...

The Swiss trading arm of Russia's Lukoil (OTCPK:LUKOY) has scaled back operations after the oil company cut its supply of capital in order to guarantee ~$1B in margin calls in the wake of Western sanctions, Reuters reports. Traders say Litasco, which was handling more than 3.6M bbl/day, was t...

Lukoil (OTCPK:LUKOY), Russia's second largest oil producer and whose shares listed in London have lost 99% of their value this week, has called for a halt to fighting in Ukraine, making it one of Russia's first major companies to speak out against the invasion. The company is facing calls for...

Unlike Gazprom and Rosneft, Lukoil is a non-state owned energy company and the largest at that. With a P/E below 1 and a dividend yield north of 100%, there is tremendous upside potential, as well as the possibility of going to zero. While initially exempt, over the course of seve...

Stoxx, which operates Deutsche Boerse's Qontigo indices, plans to remove 61 Russian companies from its indices, the Financial Timesreports, in response to Russia's invasion of Ukraine. The list of companies includes Gazprom (OTCPK:OGZPY -10.9%) (OTCPK:GZPFY +5.4%), Sberbank (OTCPK:SBRCY +11.2...

Just done my best estimates of my portfolio value today. It isn’t looking pretty, down 25%. My worst ever day by a country mile. I usually have a 20% country/stock/idea limit but this is hazy – I have had over 50% in resources for quite a while and have at times put c.30...

I believe military action is unlikely, seeing as Russia stands to lose a lot even if it were to stage a “successful” invasion. Tensions have created what I believe is an attractive entry point for Russian stocks, which were gaining nicely before Russian troops were posit...

The Russian ruble weakens 0.4% against the U.S. dollar after U.S. officials are reportedly considering a broad set of sanctions against Russia in efforts to deter Vladimir Putin from invading the Ukraine. The actions would target individuals close to Putin and Russian energy pr...