TATNEFT Is Among World Leaders in Building up Shareholder Value
According to BCG data, the market value of TATNEFT amounted to $ 9.4 billion.
Since 1999 BCG has been publishing annual ratings of the best companies in terms of value added, based on the total stock of return (TSR) for a preceding five-year period. The 2016 rating is based on the TSR analysis of about 2 thousand companies around the world from 2011 to 2015. TSR shows the income in the form of increasing the share price and dividend payments on the company’s shares for a certain period of time. This is the most comprehensive assessment of the shareholder value increase. The average annual total shareholder rate of return is the TSR amount that the company brings on average each year of the five-year period analyzed.
TATNEFT Company is an internationally recognized vertically integrated holding, which includes successful development of crude oil production, refining, petrochemicals, tire manufacturing complex, filling stations, as well as a service structures block. TATNEFT is also participating in the capital of the financial (banking and insurance) sector companies.
The main strategic initiatives of TATNEFT are aimed at maintaining production in the existing fields, increasing the production volume of high viscosity oil, development of other hard-to-recover reserves, development of the TANECO Complex, as well as increasing the volumes and improving the conversion depth of oil refining.