PGNiG

OverviewSuggest Edit

PGNiG explores and produces natural gas and crude oil as well as imports, stores, trades and distributes gas and liquid fuels. It also imports gas fuel and is the producer of natural gas.

TypePublic
Founded1982
HQWarszawa, PL
Websiteen.pgnig.pl

Latest Updates

Employees (est.) (Mar 2018)24,840(-1%)
Revenue (FY, 2021)ZŁ70 B(+79%)
Cybersecurity ratingDMore
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Key People/Management at PGNiG

Bartłomiej Nowak

Bartłomiej Nowak

Chairman of the Supervisory Board
Przemysław Wacławski

Przemysław Wacławski

Vice-President of the Management Board, Finance
Tomasz Gabzdyl

Tomasz Gabzdyl

Secretary of the Supervisory Board
Arkadiusz Sekściński

Arkadiusz Sekściński

Vice-President of the Management Board, Development
Robert Perkowski

Robert Perkowski

Vice-President of the Management Board, Operational
Magdalena Zegarska

Magdalena Zegarska

Vice-President of the Management Board
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PGNiG Office Locations

PGNiG has offices in Warszawa, Bruxelles, Tripoli, Amsterdam and in 3 other locations
Warszawa, PL (HQ)
Marcina Kasprzaka 25
Bruxelles, BE
Rond-point Robert Schuman 6
Amsterdam, NL
Strawinskylaan 615
Sandnes, NO
Vestre Svanholmen 4
Tromsø, NO
Strandvegen 13
London, GB
48 Dover St, Mayfair
Show all (7)

PGNiG Financials and Metrics

PGNiG Revenue

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View revenue for all periods
PGNiG's revenue was reported to be zł69.96 b in FY, 2021
PLN

Revenue (Q1, 2022)

41.4b

Gross profit (Q1, 2022)

12.3b

Gross profit margin (Q1, 2022), %

29.7%

Net income (Q1, 2022)

4.1b

EBITDA (Q1, 2022)

9.6b

EBIT (Q1, 2022)

7.9b

Cash (31-Mar-2022)

9.0b
Annual
PLNFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

41.2b42.0b39.2b70.0b

Cost of goods sold

(28.5b)(31.0b)(23.7b)(51.3b)

Gross profit

12.8b11.1b20.4b18.9b

Gross profit Margin, %

31%26%52%27%
Quarterly
PLNQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

14.3b8.3b(1.0b)10.4b10.6b(1.7b)10.6b7.3b9.6b41.4b

Cost of goods sold

(10.7b)(7.0b)(3.2b)(9.5b)(3.8b)(3.7b)(9.9b)(7.1b)(8.4b)(35.8b)

Gross profit

3.8b1.5b3.7b4.6b8.4b2.4b5.2b3.0b4.1b12.3b

Gross profit Margin, %

26%18%(352%)44%79%(145%)49%42%43%30%
Annual
PLNFY, 2018FY, 2019FY, 2020FY, 2021

Cash

3.9b3.0b7.1b11.4b

Accounts Receivable

4.9b4.5b4.4b11.4b

Prepaid Expenses

48.0m42.0m101.0m259.0m

Inventories

3.4b4.0b2.7b8.2b
Quarterly
PLNQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

3.1b3.1b2.8b3.0b3.7b7.1b9.0b8.2b5.8b9.0b

Accounts Receivable

6.0b4.2b3.5b5.0b9.6b3.8b5.7b5.7b9.6b21.7b

Inventories

2.2b3.2b4.5b2.2b2.3b2.9b1.9b3.1b5.4b5.6b
Annual
PLNFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

3.2b1.4b7.3b6.0b

Depreciation and Amortization

2.7b3.1b3.4b4.0b

Inventories

(616.0m)(678.0m)1.4b(5.5b)

Accounts Payable

186.0m175.0m(459.0m)4.9b
Quarterly
PLNQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

1.1b1.3b1.3b779.0m5.9b6.0b1.7b2.4b3.1b4.1b

Depreciation and Amortization

782.0m1.5b2.1b871.0m1.7b2.4b956.0m1.8b2.6b1.6b

Inventories

186.0m

Accounts Payable

(973.0m)
PLNFY, 2018

Revenue/Employee

1.7m

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.5 x
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PGNiG Revenue Breakdown

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PGNiG revenue breakdown by business segment: 22.7% from EXPLORATION AND PRODUCTION, 85.7% from TRADE AND STOREAGE, 7.7% from DISTRIBUTION and -16.1% from Other

PGNiG revenue breakdown by geographic segment: 78.7% from POLAND and 21.3% from REST OF WORLD

PGNiG Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

PGNiG Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

PGNiG Online and Social Media Presence

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PGNiG News and Updates

Sempra Infrastructure and PGNiG Advance North American LNG Alliance

Companies announce heads of agreement for off-take capacity from Cameron LNG Phase 2 and Port Arthur LNG Agreement contemplates continued development of a framework for greenhouse gas reduction, mitigation, and reporting MIĘDZYZDROJE, Poland, May 16, 2022 /PRNewswire/ -- Sempra...

Venture Global LNG and PGNiG Finalize Expansion of LNG Partnership

Venture Global set to become America's top LNG supplier to Poland WARSAW, Poland, Sept. 2, 2021 /PRNewswire/ -- Today, Venture Global LNG and PGNiG (Polish Oil and Gas Company) finalized an agreement under which PGNiG will purchase an additional 2 million tonnes per annum (MTPA) of...

Sempra LNG And PGNiG Sign MOU For LNG Capacity From North American LNG Portfolio

SAN DIEGO, July 27, 2021 /PRNewswire/ -- Sempra LNG today announced that it has entered into a memorandum of understanding (MOU) with the Polish Oil & Gas Company (PGNiG) for the potential purchase of approximately 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from...

Poland’s PGNiG be the sole user of the LNG reloading station in Klaipeda

Polish Oil and Gas Company PGNiG will be the sole user of the small-scale LNG reloading station in Klaipeda for five years. For PGNiG, this is an important step in building competence and position on this market in Central and Eastern Europe and the Baltic Sea basin. “Klaipedos Nafta appreciated our…

LNG contracted by Poland's PGNiG 20-30% cheaper than Russian gas -minister

Liquefied natural gas (LNG) recently contracted by Poland's state-run gas firm PGNiG is 20-30% cheaper than the gas the company has to buy from Russia's Gazprom under a long-term contract, a Polish minister said on Friday.

PGNiG et Venture Global LNG approuvent un nouvel achat de 1,5 million de tonnes par an de gaz naturel liquéfié

WASHINGTON, 13 juin 2019 /PRNewswire/ -- Dans le cadre de la visite d'État du président de la Pologne, Andrzej Duda, à Washington DC, la société polonaise de pétrole et de gaz (PGNiG) a signé un accord avec Venture Global LNG portant sur l'achat de 1,5 million de tonnes par an (MTPA) de...
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PGNiG Frequently Asked Questions

  • When was PGNiG founded?

    PGNiG was founded in 1982.

  • Who are PGNiG key executives?

    PGNiG's key executives are Bartłomiej Nowak, Przemysław Wacławski and Tomasz Gabzdyl.

  • How many employees does PGNiG have?

    PGNiG has 24,840 employees.

  • What is PGNiG revenue?

    Latest PGNiG annual revenue is zł70 b.

  • What is PGNiG revenue per employee?

    Latest PGNiG revenue per employee is zł2.8 m.

  • Who are PGNiG competitors?

    Competitors of PGNiG include NOVATEK, PETRONAS Gas and Diamondback Energy.

  • Where is PGNiG headquarters?

    PGNiG headquarters is located at Marcina Kasprzaka 25, Warszawa.

  • Where are PGNiG offices?

    PGNiG has offices in Warszawa, Bruxelles, Tripoli, Amsterdam and in 3 other locations.

  • How many offices does PGNiG have?

    PGNiG has 7 offices.