LUKOY News and Press, PJSC Lukoil ADR From 05/30/22

Harding Loevner has been investing globally in high-quality, growing businesses based on disciplined industry research since 1989. Stock markets fell in the quarter, as the world watched in horror Russia’s invasion of Ukraine. While we are optimistic that China will maintai...

The Financial Prophet's All-Weather Portfolio "AWP" delivered another solid quarter in Q1. Diversification, adjustments around pivotal points in the market, and effective hedging helped optimize the portfolio's returns. However, not everything worked out as well as it could have. ...

As of early 2022, four Russian oil companies were present in different onshore and offshore locations in several African markets. Overall, Russian players tend to act as operators in North Africa (Libya, Algeria, Tunisia), while they mainly act as partners in Sub-Saharan Africa (Ghana...

Lukoil is one of Russia's largest oil producers. In 2021, with oil prices still rather low, the company was highly profitable. High oil prices could boost profits this year, but sanctions, trading restrictions, and a large discount of Urals crude versus Brent will have a negative impa...

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...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips After closing on Feb. 25, Russia’s stock market is back in business today. Importantly, however, a number of Russian stocks have not resumed trading on U.S. exchanges yet. This includes Nasdaq -listed names like Ya...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Several Russian stocks are in the spotlight on news that the country’s market has resumed trading today. Source: Shutterstock Stocks of leading Russian companies such as Sberbank (OTCMKTS: SBRCY ), Gazpr...

A couple weeks ago you could only sell, not buy, the ADRs and pink sheets of Russian energy companies, such as Lukoil. Now you can't even sell. While it's not the 90% off sale as seen with Lukoil, you can snap up a 40% sale on its neighbor to the west, Neste. Neste is in the sweet...

PJSC LUKOIL press release (OTCPK:LUKOY): FY GAAP EPS of RUB1129.17. Revenue of RUB9.45T (+67.6% Y/Y). For further details see: PJSC LUKOIL GAAP EPS of RUB1129.17, revenue of RUB9.45B

If you're looking for a quick recovery in Russian stocks, you may be in for a rude awakening. I'm not buying arguments like "the war in Ukraine won't matter in a year." Russia's actions are causing significant systemic damage to the Russian economy and Russia's companies. I wo...