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Surgutneftegas

DB:SGN
Snowflake Description

Flawless balance sheet, good value and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SGN
DB
RUB1,132B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Surgutneftegas Public Joint Stock Company, together with its subsidiaries, explores for, produces, processes, and sells hydrocarbons. The last earnings update was 214 days ago. More info.


Add to Portfolio Compare Print
  • Surgutneftegas has significant price volatility in the past 3 months.
SGN Share Price and Events
7 Day Returns
14.1%
DB:SGN
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
6.3%
DB:SGN
21.9%
DE Oil and Gas
-17.7%
DE Market
SGN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Surgutneftegas (SGN) 14.1% -30.5% -51.9% 6.3% -28% -42.5%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • SGN underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • SGN outperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
SGN
Industry
5yr Volatility vs Market

Value

 Is Surgutneftegas undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Surgutneftegas to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Surgutneftegas.

DB:SGN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:SGN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 8.6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 20%) (0.13%))
0.872
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.87
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.872 * 8.61%)
7.12%

Discounted Cash Flow Calculation for DB:SGN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Surgutneftegas is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:SGN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (RUB, Millions) Source Present Value
Discounted (@ 7.12%)
2020 171,023.33 Analyst x1 159,659.87
2021 222,791.78 Analyst x1 194,169.03
2022 59,411.14 Analyst x1 48,338.05
2023 43,969.22 Est @ -25.99% 33,397.23
2024 35,917.96 Est @ -18.31% 25,469.10
2025 31,272.05 Est @ -12.93% 20,701.35
2026 28,403.98 Est @ -9.17% 17,553.43
2027 26,547.22 Est @ -6.54% 15,315.89
2028 25,301.40 Est @ -4.69% 13,627.25
2029 24,440.64 Est @ -3.4% 12,289.00
Present value of next 10 years cash flows RUB540,520.00
DB:SGN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= RUB24,440.64 × (1 + -0.39%) ÷ (7.12% – -0.39%)
RUB324,288.85
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= RUB324,288.85 ÷ (1 + 7.12%)10
RUB163,055.71
DB:SGN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= RUB540,520.00 + RUB163,055.71
RUB703,575.71
Equity Value per Share
(RUB)
= Total value / Shares Outstanding
= RUB703,575.71 / 35,725.35
RUB19.69
DB:SGN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SGN represents 0.10965x of MISX:SNGS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.10965x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (RUB) x Listing Adjustment Factor
= RUB 19.69 x 0.10965
€2.16
Value per share (EUR) From above. €2.16
Current discount Discount to share price of €3.48
= -1 x (€3.48 - €2.16) / €2.16
-61%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Surgutneftegas is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Surgutneftegas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Surgutneftegas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SGN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in RUB RUB10.81
MISX:SNGS Share Price ** MISX (2020-03-30) in RUB RUB31.7
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Surgutneftegas.

DB:SGN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MISX:SNGS Share Price ÷ EPS (both in RUB)

= 31.7 ÷ 10.81

2.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Surgutneftegas is good value based on earnings compared to the Europe Oil and Gas industry average.
  • Surgutneftegas is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Surgutneftegas's expected growth come at a high price?
Raw Data
DB:SGN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
32.9%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:SGN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 2.93x ÷ 32.9%

0.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Surgutneftegas is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Surgutneftegas's assets?
Raw Data
DB:SGN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in RUB RUB121.14
MISX:SNGS Share Price * MISX (2020-03-30) in RUB RUB31.7
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:SGN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MISX:SNGS Share Price ÷ Book Value per Share (both in RUB)

= 31.7 ÷ 121.14

0.26x

* Primary Listing of Surgutneftegas.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Surgutneftegas is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Surgutneftegas's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Surgutneftegas has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Surgutneftegas expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
32.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Surgutneftegas expected to grow at an attractive rate?
  • Surgutneftegas's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Surgutneftegas's earnings growth is expected to exceed the Germany market average.
  • Surgutneftegas's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SGN Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SGN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 32.9%
DB:SGN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 2.4%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SGN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in RUB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SGN Future Estimates Data
Date (Data in RUB Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31 362,343
2021-12-31 2,185,535 360,694 482,762 2
2020-12-31 1,827,427 327,542 536,481 3
2020-03-30
2019-12-31 2,219,306 509,609 148,254 3
DB:SGN Past Financials Data
Date (Data in RUB Millions) Revenue Cash Flow Net Income *
2019-06-30 1,624,400 368,901 386,129
2019-03-31 1,580,869 359,708 588,895
2018-12-31 1,537,338 350,514 791,661
2018-09-30 1,437,643 347,689 638,325
2018-06-30 1,337,948 344,864 484,988
2018-03-31 1,247,113 350,474 334,509
2017-12-31 1,156,277 356,084 184,029
2017-09-30 1,112,632 358,001 155,067
2017-06-30 1,068,987 359,917 126,105
2017-03-31 1,037,455 311,175 29,692
2016-12-31 1,005,923 262,432 -66,721
2016-09-30 970,381 224,434 201,431

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Surgutneftegas's earnings are expected to grow significantly at over 20% yearly.
  • Surgutneftegas's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SGN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Surgutneftegas Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SGN Future Estimates Data
Date (Data in RUB Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 11.14 11.14 11.14 1.00
2020-03-30
2019-12-31 2.59 2.59 2.59 1.00
DB:SGN Past Financials Data
Date (Data in RUB Millions) EPS *
2019-06-30 10.81
2019-03-31 16.48
2018-12-31 22.16
2018-09-30 17.87
2018-06-30 13.58
2018-03-31 9.36
2017-12-31 5.15
2017-09-30 4.34
2017-06-30 3.53
2017-03-31 0.83
2016-12-31 -1.87
2016-09-30 5.64

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Surgutneftegas is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Surgutneftegas's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Surgutneftegas has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Surgutneftegas performed over the past 5 years?

  • Surgutneftegas's last earnings update was 214 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Surgutneftegas's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Surgutneftegas's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Surgutneftegas's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Surgutneftegas's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
Surgutneftegas's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Surgutneftegas Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SGN Past Revenue, Cash Flow and Net Income Data
Date (Data in RUB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 1,624,400.00 386,129.00 207,030.00
2019-03-31 1,580,869.00 588,895.00 204,562.00
2018-12-31 1,537,338.00 791,661.00 202,094.00
2018-09-30 1,437,643.00 638,324.50 199,368.00
2018-06-30 1,337,948.00 484,988.00 196,642.00
2018-03-31 1,247,112.50 334,508.50 194,713.50
2017-12-31 1,156,277.00 184,029.00 192,785.00
2017-09-30 1,112,632.00 155,067.00 189,203.50
2017-06-30 1,068,987.00 126,105.00 185,622.00
2017-03-31 1,037,455.00 29,692.00 183,408.00
2016-12-31 1,005,923.00 -66,721.00 181,194.00
2016-09-30 970,380.50 201,430.50 175,331.00
2016-06-30 934,838.00 469,582.00 169,468.00
2016-03-31 963,799.50 588,921.00 165,126.50
2015-12-31 992,761.00 708,260.00 160,785.00
2015-09-30 969,328.50 765,327.50 153,893.50
2015-06-30 945,896.00 822,395.00 147,002.00
2015-03-31 910,246.00 821,993.00 141,888.50
2014-12-31 874,596.00 821,591.00 136,775.00
2014-09-30 887,169.00 525,480.50 136,810.00
2014-06-30 899,742.00 229,370.00 136,845.00
2014-03-31 862,165.68 258,879.22 156,369.65
2013-12-31 825,085.00 260,893.00 135,521.00
2013-09-30 819,652.00 238,656.00 138,151.00
2013-06-30 814,219.00 216,419.00 140,781.00
2013-03-31 809,402.19 242,426.62 140,083.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Surgutneftegas has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Surgutneftegas used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Surgutneftegas has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Surgutneftegas's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Surgutneftegas has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Surgutneftegas's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Surgutneftegas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Surgutneftegas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Surgutneftegas's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Surgutneftegas's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Surgutneftegas has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Surgutneftegas Company Filings, last reported 9 months ago.

DB:SGN Past Debt and Equity Data
Date (Data in RUB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 4,327,984.00 0.00 1,214,343.00
2019-03-31 4,327,984.00 0.00 1,214,343.00
2018-12-31 4,426,344.00 0.00 1,101,547.00
2018-09-30 4,426,344.00 0.00 1,101,547.00
2018-06-30 3,962,557.00 0.00 984,291.00
2018-03-31 3,962,557.00 0.00 984,291.00
2017-12-31 3,613,197.00 0.00 1,049,712.00
2017-09-30 3,613,197.00 0.00 1,049,712.00
2017-06-30 3,507,764.00 0.00 726,382.00
2017-03-31 3,507,764.00 0.00 726,382.00
2016-12-31 3,445,412.00 0.00 578,660.00
2016-09-30 3,445,412.00 0.00 578,660.00
2016-06-30 3,402,928.00 0.00 649,250.00
2016-03-31 3,402,928.00 0.00 649,250.00
2015-12-31 3,582,625.00 0.00 636,069.00
2015-09-30 3,582,625.00 0.00 636,069.00
2015-06-30 2,956,180.00 0.00 640,752.00
2015-03-31 2,956,180.00 0.00 640,752.00
2014-12-31 2,909,048.00 0.00 760,161.00
2014-09-30 2,909,048.00 0.00 760,161.00
2014-06-30 2,157,857.00 0.00 558,895.00
2014-03-31 2,157,857.00 0.00 558,895.00
2013-12-31 2,062,666.00 0.00 485,221.00
2013-09-30 2,062,666.00 0.00 485,221.00
2013-06-30 1,949,224.00 0.00 305,034.00
2013-03-31 1,758,947.49 139.65 292,335.84
  • Surgutneftegas has no debt.
  • Surgutneftegas currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Surgutneftegas has no debt, it does not need to be covered by operating cash flow.
  • Surgutneftegas has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Surgutneftegas's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Surgutneftegas has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Surgutneftegas's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.05%
Current annual income from Surgutneftegas dividends. Estimated to be 2.37% next year.
If you bought €2,000 of Surgutneftegas shares you are expected to receive €41 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Surgutneftegas's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • Surgutneftegas's dividend is below the markets top 25% of dividend payers in Germany (4.97%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SGN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SGN Future Dividends Estimate Data
Date (Data in RUB) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.65 1.00
2022-12-31 0.75 2.00
2021-12-31 0.77 4.00
2020-12-31 0.76 5.00
2020-03-30
2019-12-31 0.74 6.00
DB:SGN Past Annualized Dividends Data
Date (Data in RUB) Dividend per share (annual) Avg. Yield (%)
2019-05-17 0.650 1.914
2018-05-18 0.650 2.398
2017-06-30 0.600 2.108
2016-08-30 0.600 2.048
2016-06-29 0.600 1.912
2015-08-27 0.650 1.836
2015-05-15 0.650 1.967
2014-08-29 0.600 2.006
2014-05-16 0.600 2.290
2013-08-30 0.500 1.838
2013-06-28 0.500 1.921
2011-05-16 0.500 1.845
2010-06-25 0.450 1.488
2010-02-10 0.600 2.183

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Surgutneftegas's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (16.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (11.6x coverage).
X
Income/ dividend checks
We assess Surgutneftegas's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Surgutneftegas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Surgutneftegas has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Surgutneftegas's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vladimir Bogdanov
AGE 68
TENURE AS CEO 3.8 years
CEO Bio

Mr. Vladimir Leonidovich Bogdanov has been a Director General of Open Joint Stock Company Surgutneftegas since May 7, 2016 and served as its Vice Chairman since June 29, 2012 and serves as Director 1993. Mr. Bogdanov served as an Independent Director at JSC Zarubezhneft until July 2012. He served as Independent Director of Rosneft Oil Company since June 2009. He Graduated in Drilling of oil & gas wells from Tyumen Industrial Institute and completed Second Higher Education in Economics, Economic Planning and Management Organization from Economics Academy.

CEO Compensation
  • Insufficient data for Vladimir to compare compensation growth.
  • Insufficient data for Vladimir to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Surgutneftegas management team in years:

11.9
Average Tenure
67
Average Age
  • The average tenure for the Surgutneftegas management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Vladimir Erokhin

TITLE
Chairman
AGE
70
TENURE
12.3 yrs

Vladimir Bogdanov

TITLE
General Director & Director
AGE
68
TENURE
3.8 yrs

Taisiya Klinovskaya

TITLE
Head of Financial Division
AGE
73

Andrei D

TITLE
Chief Accountant
AGE
50

Lyudmila Loginovskaya

TITLE
Head of Legal Department
AGE
69

Sergei Ananiev

TITLE
Deputy Director General & Head of Mining Division
AGE
60
TENURE
11.9 yrs

Alexander Bulanov

TITLE
Chief Engineer
AGE
60
TENURE
11.9 yrs

Alexander Rezyapov

TITLE
Deputy Director General on Capital Construction
AGE
67
TENURE
16.2 yrs

Igor Gorbunov

TITLE
Head of NGDU Bystrinskneft
AGE
52

Anton Molchanov

TITLE
Securities Division Head
Board of Directors Tenure

Average tenure and age of the Surgutneftegas board of directors in years:

5.8
Average Tenure
70
Average Age
  • The tenure for the Surgutneftegas board of directors is about average.
Board of Directors

Vladimir Erokhin

TITLE
Chairman
AGE
70
TENURE
12.3 yrs

Vladimir Bogdanov

TITLE
General Director & Director
AGE
68
TENURE
27.2 yrs

Nikolai Matveev

TITLE
Deputy Chairman
AGE
77
TENURE
1.8 yrs

Alexander Bulanov

TITLE
Chief Engineer
AGE
60
TENURE
22.2 yrs

Ildus Usmanov

TITLE
Director
AGE
65
TENURE
5.8 yrs

Ivan Dinichenko

TITLE
Director
AGE
73
TENURE
5.8 yrs

Viktor Krivosheev

TITLE
Director
AGE
66
TENURE
5.8 yrs

Valery Egorov

TITLE
Independent Director
AGE
70
TENURE
2.2 yrs

Georgy Mukhamadeev

TITLE
Independent Director
AGE
71
TENURE
2.2 yrs

Valentina Musikhina

TITLE
Member of Auditing Committee
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Surgutneftegas's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Surgutneftegas has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Surgutneftegas Public Joint Stock Company, together with its subsidiaries, explores for, produces, processes, and sells hydrocarbons. It operates through Exploration and Production, Refining and Sale, and Other Activities segments. The company explores for oil and gas in Western Siberia, Eastern Siberia, and Timan-Pechora provinces in Russia. It also processes associated petroleum gas; and refines and produces petroleum products, including motor fuels, aromatics, liquid paraffin, roofing and insulation materials, etc., as well as diesel fuel, jet fuel, and bitumen. In addition, the company is involved in wholesaling, retailing, and storing petroleum products, as well as the provision of supplementary services at the gas stations. Further, it provides banking, insurance, agricultural, engineering, and television and radio broadcasting services; constructs buildings and structures; and manufactures wood construction items. Surgutneftegas Public Joint Stock Company was founded in 1964 and is based in Surgut, Russia.

Details
Name: Surgutneftegas Public Joint Stock Company
SGN
Exchange: DB
Founded: 1964
RUB12,887,559,938
35,725,345,000
Website: http://www.surgutneftegas.ru
Address: Surgutneftegas Public Joint Stock Company
Building 1,
ul.Grigoriya Kukuyevitskogo, 1,
Surgut,
Hanty-Mansiysky AO, 628415,
Russia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MISX SNGS Ordinary Shares Micex - Rts RU RUB 01. Feb 1995
OTCPK SGTP.Y ADR EACH REP 10 PFD RUB1 LVL1(BNY) Pink Sheets LLC US USD 23. Jul 1998
LSE SGGD ADR-EACH REPR 10 ORD RUB1 London Stock Exchange GB USD 04. Mar 1997
MISX SNGSP RUB1 PRF(USD) Micex - Rts RU RUB 12. Feb 1996
OTCPK SGTZ.Y ADR-EACH REPR 10 ORD RUB1 Pink Sheets LLC US USD 04. Mar 1997
DB SGN ADR-EACH REPR 10 ORD RUB1 Deutsche Boerse AG DE EUR 04. Mar 1997
DB SGNV ADR EACH REP 10 PFD RUB1 LVL1(BNY) Deutsche Boerse AG DE EUR 23. Jul 1998
WBAG SGGD ADR-EACH REPR 10 ORD RUB1 Wiener Boerse AG AT EUR 04. Mar 1997
BATS-CHIXE SGGDL ADR-EACH REPR 10 ORD RUB1 BATS 'Chi-X Europe' GB USD 04. Mar 1997
Number of employees
Current staff
Staff numbers
115,000
Surgutneftegas employees.
Industry
Integrated Oil and Gas
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 20:53
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/25
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.