Surgutneftegas traded at 22.29 this Tuesday February 3rd, decreasing 0.06 or 0.27 percent since the previous trading session. Looking back, over the last four weeks, Surgutneftegas lost 2.62 percent. Over the last 12 months, its price fell by 19.53 percent. Looking ahead, we forecast Surgutneftegas to be priced at 21.25 by the end of this quarter and at 18.89 in one year, according to Trading Economics global macro models projections and analysts expectations.
Surgutneftegaz PAO, formerly Surgutneftegaz OAO, (Surgutneftegaz OJSC) is an oil company. The Company is engaged in the exploration, production, processing and sale of oil and gas, as well as sale of oil and gas products. Its other financial and business activities include banking and insurance activities, and provision of other goods, works and services. The Company's segments include Exploration and production, which is engaged in the exploration, evaluation, production of oil and gas, and oil sale; Refining and sale, which is engaged in oil and gas processing, sale of refined products and the activity of the Company's subsidiaries involved in refining and refined products sale, and Other activity, which includes all other segments having no similar economic performance, and represents subsidiaries of the Company engaged in banking operations, insurance and production of other goods, jobs and services.