Tatneft traded at 667.00 this Monday March 9th, increasing 24.10 or 3.75 percent since the previous trading session. Looking back, over the last four weeks, Tatneft gained 23.02 percent. Over the last 12 months, its price fell by 2.43 percent. Looking ahead, we forecast Tatneft to be priced at 619.88 by the end of this quarter and at 555.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tatneft' PAO is a subsurface user, operator and supplier of oil and gas resources, and manufacturer of petrochemical products. The Company operates through three segments: Exploration and production; Refining and marketing, and Petrochemical products. The Exploration and production segment consists of exploration, development, extraction and sale of own crude oil. The Refining and marketing segment consists of purchases and sales of crude oil and refined products from third parties, own refining activities and retailing operations. The Petrochemical products segment consists of production and sales of tires, and petrochemical raw materials and refined products, which are used in production of tires. The Company and its subsidiaries are engaged in crude oil exploration, development and production principally in the Republic of Tatarstan. The Company is also engaged in refining and marketing of crude oil and refined products, as well as production and marketing of petrochemicals.