TATNEFT PJSC (OAOFY) Price & Analysis

PJSC Tatneft, an integrated Russian enterprise operating with its subsidiaries, primarily focuses on the exploration, development, and extraction of crude oil within Russia. Its operations are structured across several key segments: Upstream (Exploration and Production), Downstream (Refining and Marketing), Petrochemical Products, and Banking. The company holds significant interests in oil and gas fields, particularly those located in Tatarstan, Russia. Beyond merely producing crude, Tatneft also processes and distributes it, actively engaging in the purchase and sale of crude oil and refined products from external sources, and managing its own retail sales network. Diversifying its industrial footprint, Tatneft manufactures and markets tires, produces and sells various equipment, and provides comprehensive engineering, procurement, and construction (EPC) services for oil, gas, and petrochemical projects. Additionally, it supplies specialized oilfield equipment and offers auxiliary services and materials crucial to the petrochemical industry. Rounding out its extensive activities, the company also maintains a presence in the financial sector through its banking operations. Established in 1950, PJSC Tatneft's corporate headquarters are situated in Almetyevsk, Russia.