On May 29, 2018, Tatneft’s management, headed by the company’s general director Nail Maganov held a meeting with institutional investors in Kazan. Investors were represented by managers and analysts of large investment companies from the U.S., Great Britain, Germany, Sweden, and Singapore. Investment bank Goldman Sachs organized the group’s visit to Tatarstan.
During the meeting, which was held in an open discussion format, the participants talked about the company’s operational and financial results, its production and investment plans, its dividend policy, as well as other issues.
The shares of Tatneft are one of the growth leaders on the Russian stock market. The positive dynamics are the result of the company’s effective implementation of its Strategy 2025 roadmap, as well as changes in the dividend policy, which ensure high returns for the shareholders. The investment community welcomed the results that Tatneft has achieved. The current total market capitalization of Tatneft exceeds RUB1.5 trillion. Tatneft’s strong financial position and a progressive dividend policy, along with its strategic projects aimed at creating shareholder value, are good indicators of the company’s continuing capitalization growth. In particular, the company has a great potential for increasing crude oil production at its fields currently under development in Tatarstan. Tatneft also pursues the construction and commissioning of new facilities at the TANECO complex, which would pave the way for increasing the volume of high-efficiency oil refining and ensure added value.
Leave a comment