Sovcomflot Reports Strong First Half 2014 Results
Sovcomflot (“SCF Group”), Russia’s largest shipping company and a global leader in seaborne energy transportation and offshore services, today announces its financial and operating results for the six months ended 30 June 2014. Highlights:• Gross revenue (Freight and Hire) up to USD 675.2 million in H1 2014 (H1 2013: USD 628.4 …
Bashneft Boosts IFRS Net Income by 18.5% in 1H 2014
Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, released its unaudited consolidated financial statements for the second quarter and the six months ended June 30, 2014 prepared in accordance with International Financial Reporting Standards (IFRS) 2Q 2014 vs. 1Q 2014: The Group’s revenue from sales increased by 11.3% to RUB 163,176 million; …
BP Reports Second Quarter 2014 Results
BP today announced its financial results for the second quarter of 2014. Underlying replacement cost profits for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the $3.2 billion result for the first quarter of …
C.A.T. oil AG: Business model verified – record operational and financial results in FY 2013
C.A.T. oil AG delivered superior operating and financial results in 2013: C.A.T. oil boosted its revenues by more than one fourth yoy to EUR 426.6 million (2012: EUR 336.8 million) and EBITDA by 43.6% yoy to EUR 114.9 million (2012: EUR 80.0 million) as the EBITDA margin widened by 3.1 …
Lukoil Net Income Doubled in the Second Quarter of 2013 and reached $2.1 Billion, EBITDA Amounted to $4.4 Billion
Lukoil has published consolidated US GAAP financial statements for the second quarter of 2013. In the second quarter of 2013 the Company’s net income of $2,104 million increased 107% compared to the second quarter of 2012. EBITDA was $4,359 million, which is a 26% y-o-y increase. Sales revenue reached $35,053 million, …
Bashneft’s Net Income for the First Half of 2013 Increases to 25.154 Billion Roubles
During the six months of 2013, the Group’s revenue from sales increased by 6.2% year-on-year to 260,483 million roubles due to an increase in oil production and refining. During the period from January through June 2013, adjusted EBITDA declined by 1.6% and amounted to 44,141 million roubles. During the six months of 2013, the Group’s net income less minority interest totalled 25,154 million …
LUKOIL net income reached $8.3 billion in nine months of 2012, free cash flow amounted to $4.8 billion
LUKOIL has published consolidated US GAAP financial statements for the third quarter and nine months of 2012. The Company’s net income was $8,316 million in nine months of 2012, which is a 7.7% decrease y-o-y. In the third quarter of 2012 net income was $3,509 million, which is a 245% …
Lukoil 1h 2012 Net Income Reached $4.8 Billion, EBITDA Amounted to $8.8 Billion
LUKOIL has published consolidated US GAAP financial statements for the first half of 2012. The Company’s net income was $4,807 million in the first half of 2012, which is a 29.0% decrease y-o-y. EBITDA was $8,808 million, which is a 17.6% decrease y-o-y. Negative effect of foreign exchange differences had …