Rosneft traded at 352.15 this Wednesday July 29th, increasing 16.25 or 4.84 percent since the previous trading session. Looking back, over the last four weeks, Rosneft gained 7.05 percent. Over the last 12 months, its price fell by 16.03 percent. Looking ahead, we forecast Rosneft to be priced at 339.47 by the end of this quarter and at 306.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
NK Rosneft’ PAO (Oil Company Rosneft PJSC) is a Russia-based company engaged in exploration, development, production and sale of crude oil and gas, as well as refining, transportation and sale of petroleum products. It has three business segments. The exploration and production segment is engaged in field exploration and development, and production of crude oil and natural gas. The refining, marketing and distribution segment is engaged in processing crude oil and other hydrocarbons into petroleum products, as well as the purchase, sale and transportation of oil and oil products. It has numerous subsidiaries and affiliated companies. The Company operates domestically and abroad.