OverviewSuggest Edit

NOVATEK (НОВАТЭК) is a natural gas producer. It specializes in the exploration, production, processing, and marketing of natural gas and liquid hydrocarbons. The company caters to power generation companies, industrial consumers, gas traders, regional gas distribution companies, and households.
TypePublic
Founded1994
HQMoskva, RU
Websitenovatek.ru

Latest Updates

Employees (est.) (Dec 2020)16,821(+9%)
Revenue (FY, 2020)₽711.8 B(-17%)
Share Price (Nov 2021)₽1.8 K
Cybersecurity ratingFMore
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Key People/Management at NOVATEK

Leonid Viktorovich Mikhelson

Leonid Viktorovich Mikhelson

Member of the Board of Directors, Chairman of Management Board of NOVATEK
Vladimir Alekseevich Baskov

Vladimir Alekseevich Baskov

Deputy Chairman of the Management Board
Robert Castaigne

Robert Castaigne

Independent Director, Chairman of the Audit Committee, Member of the Remuneration and Nomination Committee
Lev Vladimirovich Feodosyev

Lev Vladimirovich Feodosyev

First Deputy Chairman of the Management Board
Viktor Nikolaevich Belyakov

Viktor Nikolaevich Belyakov

Deputy Chairman of the Management Board for Economics and Finance
Tatyana A Mitrova

Tatyana A Mitrova

Independent Director, Chairman of the Strategy Committee, Member of the Audit Committee ,Member of the Remuneration and Nomination Committee
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NOVATEK Office Locations

NOVATEK has offices in Moskva and Tarko-Sale
Moskva, RU (HQ)
Ulitsa Udal'tsova, 2
Show all (2)

NOVATEK Financials and Metrics

NOVATEK Revenue

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NOVATEK's revenue was reported to be ₽711.81 b in FY, 2020 which is a 17.5% decrease from the previous period.
RUB

Revenue (Q3, 2021)

276.7b

Gross profit (Q3, 2021)

110.8b

Gross profit margin (Q3, 2021), %

40.1%

Net income (Q3, 2021)

117.6b

EBIT (Q3, 2021)

71.3b

Market capitalization (10-Nov-2021)

5.3t

Closing stock price (10-Nov-2021)

1.8k

Cash (30-Sept-2021)

86.4b

EV

5.4t
NOVATEK's current market capitalization is ₽5.3 t.
Annual
RUBFY, 2018FY, 2019FY, 2020

Revenue

831.8b862.8b711.8b

Revenue growth, %

4%(18%)

Cost of goods sold

488.3b507.7b419.6b

Gross profit

343.4b355.2b292.3b
Quarterly
RUBQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

234.1b218.5b189.2b184.6b143.9b163.8b244.6b264.5b276.7b

Cost of goods sold

140.9b124.9b112.9b111.4b88.3b94.6b144.6b151.9b165.9b

Gross profit

93.2b93.6b76.3b73.2b55.6b69.2b100.0b112.6b110.8b

Gross profit Margin, %

40%43%40%40%39%42%41%43%40%
Annual
RUBFY, 2018FY, 2019FY, 2020

Cash

41.5b53.2b119.1b

Accounts Receivable

52.9b48.5b64.1b

Prepaid Expenses

7.1b9.9b9.1b

Inventories

17.3b12.3b10.7b
Quarterly
RUBQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

81.0b51.7b36.5b112.7b46.1b29.5k90.4b47.7b86.4b

Accounts Receivable

48.1b39.2b45.7b34.6b40.4b42.4k71.4b59.2b68.8b

Prepaid Expenses

7.2b7.4b7.5b8.8b8.3b8.7k8.1b7.1b10.0b

Inventories

13.6b12.9b14.6b10.6b9.7b12.7k15.1b15.8b18.7b
Annual
RUBFY, 2018FY, 2019FY, 2020

Net Income

182.9b883.5b78.6b

Depreciation and Amortization

33.1b32.2b39.2b

Inventories

(9.1b)7.6b2.6b

Accounts Payable

10.8b6.1b(8.6b)
Quarterly
RUBQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

386.3b460.2b834.3b(27.6b)15.3b31.5b69.7b173.8b291.4b

Depreciation and Amortization

7.5b15.5b23.7b8.9b17.8b27.6b12.4b25.4b38.8b

Inventories

5.6b6.6b3.9b2.7b4.4b693.0m(6.9b)(7.4b)(11.0b)

Accounts Payable

2.1b(8.6b)(2.8b)(10.5b)(21.4b)(14.9b)11.6b12.5b31.5b
RUBFY, 2018

Revenue/Employee

74.8m

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x
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NOVATEK Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Hydrocarbons Production Volume, boe

549.1 m147.1 m149 m145.2 m589.9 m150.2 m145.3 m150.4 m608.2 m158.1 m156.7 m149.5 m

Hydrocarbons Production Volume, boe/d

1.5 m1.63 m1.64 m1.58 m16.2 m1.65 m1.6 m1.63 m1.66 m1.76 m1.72 m1.63 m

Natural Gas Production Volume, cubic meters

68.81 b18.66 b18.91 b18.31 b74.7 b19.08 b18.5 b19.13 b77.37 b20.16 b19.95 b19 b

Liquids Production Volume, tonnes

11.8 m2.99 m3.04 m3.04 m12.15 m3.05 m2.92 m3.02 m12.24 m3.13 m3.11 m3.01 m
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NOVATEK Acquisitions / Subsidiaries

Company NameDateDeal Size
AO NOVATEK-Pur
Novatek Gas & Power Asia Pte. Ltd.
Novatek Gas & Power GmbH
Novatek Green Energy Sp. z o.o.
OOO Arctic LNG 1
OOO Arctic LNG 3
OOO Arctic Transshipment
OOO NOVATEK-AZK
OOO NOVATEK-Chelyabinsk
OOO NOVATEK-Kostroma
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NOVATEK Revenue Breakdown

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NOVATEK revenue breakdown by business segment: 50.4% from Natural Gas, 15.9% from Naphtha, 11.0% from Crude Oil, 8.3% from Other Gas and Gas Condensate Refined Products, 6.8% from Liquefied Petroleum Gas, 5.9% from Stable Gas Condensate and 1.7% from Other

NOVATEK revenue breakdown by geographic segment: 15.1% from Asia-Pacific, 54.8% from Russia, 24.8% from Europe and 5.2% from Other

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NOVATEK Cybersecurity Score

Cybersecurity ratingPremium dataset

F

59/100

SecurityScorecard logo

NOVATEK Online and Social Media Presence

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NOVATEK News and Updates

«НОВАТЭК» начал добычу на Харбейском месторождении

ПAO «НОВАТЭК» сообщает, что дочернее предприятие Компании ООО «НОВАТЭК-ТАРКОСАЛЕНЕФТЕГАЗ» начало опытно-промышленную эксплуатацию газоконденсатных залежей в режиме пусконаладочных работ под нагрузкой на Харбейском месторождении Северо-Русского кластера. Годовой уровень добычи газоконденсатной програ…

Novatek steps up ambitions on blue ammonia and hydrogen

Novatek has underlined its commitment to a pilot project to produce blue ammonia and hydrogen using natural gas from West Siberia's Yamal Peninsula, buoyed by soaring revenues.

NOVATEK Announces Consolidated IFRS Results for the Third Quarter and the Nine Months 2021

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and nine months ended 30 September 2021 prepared in accordance with International Financial Reporting Standards (“IFRS”).

Update on NOVATEK Buyback Program

PAO NOVATEK (“NOVATEK” and/or the “Company”) announces today that pursuant to the Company’s buyback program announced on 7 June 2012, during the period from 18 through 22 October 2021, 865 170 ordinary shares (including in a form of Global Depositary Receipts) were purchased on the open market.

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Italy's biggest banking group Intesa Sanpaolo could help fund Novatek's Arctic LNG 2 project even as some European governments show lukewarm support for the giant Russian gas project.

Update on NOVATEK Buyback Program

PAO NOVATEK (“NOVATEK” and/or the “Company”) announces today that pursuant to the Company’s buyback program announced on 7 June 2012, during the period from 11 through 15 October 2021, 478 970 ordinary shares (including in a form of Global Depositary Receipts) were purchased on the open market.
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NOVATEK Frequently Asked Questions

  • When was NOVATEK founded?

    NOVATEK was founded in 1994.

  • Who are NOVATEK key executives?

    NOVATEK's key executives are Leonid Viktorovich Mikhelson, Vladimir Alekseevich Baskov and Robert Castaigne.

  • How many employees does NOVATEK have?

    NOVATEK has 16,821 employees.

  • What is NOVATEK revenue?

    Latest NOVATEK annual revenue is ₽711.8 b.

  • What is NOVATEK revenue per employee?

    Latest NOVATEK revenue per employee is ₽42.3 m.

  • Who are NOVATEK competitors?

    Competitors of NOVATEK include Surgutneftegas, PGNiG and Talos Energy.

  • Where is NOVATEK headquarters?

    NOVATEK headquarters is located at Ulitsa Udal'tsova, 2, Moskva.

  • Where are NOVATEK offices?

    NOVATEK has offices in Moskva and Tarko-Sale.

  • How many offices does NOVATEK have?

    NOVATEK has 2 offices.