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Rosneft (RNFTF) reports a Q3 loss of 64B rubles ($827M), swinging from a profit of 43B rubles in Q2, but its underlying earnings more than doubled Q/Q on the back of stronger oil prices.The company cited non-monetary factors for the bottom-line performance, but provided no detail.But Q3 EBITD...
Rosneft Oil (RNFTF): Q3 GAAP EPS of -RUB6.71.Revenue of RUB1439B (-35.8% Y/Y)Press Release For further details see: Rosneft Oil reports Q3 results
The value of the Russian currency considerably influences the price of RSX. Since the beginning of June, the ruble has fallen by almost 16% against the dollar. But it looks like the ruble weakening phase has come to an end. For further details see: Ruble Will Support The...
Shale fracking unleashed a new "era of energy abundance" that decimated margins for oil and gas producers. That, combined with the market's shift toward digital data and all its permutations (5G, the cloud, networking, AI, etc.) has led to a boom in technology stocks. As a result ...
Russia's Rosneft (RNFTF) and Saudi Aramco (ARMCO) are unlikely to bid in Indian refiner Bharat Petroleum ((BPCL)), amid low oil prices and weak fuel demand, as reported by Reuters.Rosneft expressed interest in buying the federal government’s 53.29% stake in BPCL, earlier in February th...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Differing visions over path to prosperitySeptember has already seen some volatile moves for markets and tonight's highly anticipated debate between Preside...
There's a growing divide between state-backed companies and oil majors that have helped shape the modern energy industry.Attacking their shift towards renewables, Russia's Rosneft (RNFTF) lashed out at BP (BP) and Royal Dutch Shell ([[RDS.A]], [[RDS.B]]) for creating an "existential crisis" f...
Note: Some links in this article are in Russian. Rosneft ( OTCPK:RNFTF ) reported one of the worst quarters in its history, but this doesn't matter much. What does actually matter is that, most likely, we won't see such horrible quarters anymore, so in a base case scenario, Rosneft will co...
Rosneft ( OTCPK:RNFTF ) has reportedly started drilling on two wells in the Kara Sea in the Russian Arctic, said its CEO Igor Sechin. More news on: Public Joint Stock Company Rosneft Oil Company, Energy stocks news, Read more ...
Public Joint Stock Company Rosneft Oil Company (RNFTF) Q2 2020 Earnings Conference Call August 14, 2020 9:00 AM ET Company Participants Didier Casimiro – First Vice President Oleg Ivanov – Head-Gas Business Planning Conference Call Participants Alexander Burgans...
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