Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.
Sector: Oil & Gas
RU_BANE
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: connector/market_inputs
| Period | Issues |
|---|---|
| 2023-03-31 Q1 | ✓OK |
| 2023-06-30 Q2 | ✓OK |
| 2023-09-30 9M | ✓OK |
| 2023-09-30 Q3 | ✓OK |
| 2023-12-31 FY | ✓OK |
| 2023-12-31 Q4 | ✓OK |
| 2024-03-31 Q1 | ✓OK |
| 2024-06-30 Q2 | ✓OK |
| 2024-09-30 Q3 | ✓OK |
| 2024-12-31 FY | ✓OK |
| 2024-12-31 Q4 | ✓OK |
| 2025-09-30 Q3 | ✓OK |
| 2025-12-31 FY | ✓OK |
| 2025-12-31 Q4 | ✓OK |
Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB USD | Operating profitB USD | D&AB USD | EBITDAB USD | Net profitB USD | Operating CFB USD | Capex + M&AB USD | AssetsB USD | EquityB USD | ROE (annualized) | Net debtB USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | FY 2025 (12M) | OK | — y/y -12.3% | — y/y -29.5% | — y/y 8.2% | — y/y -19.2% | — y/y -55.1% | — | — | 15.7 y/y -3.9% | 12.8 y/y 2.4% | — | 121.8 | — |
| 2025-09-30 | Q3 2025 (3M) | PARTIAL | 3.5 y/y -13.7% | 0.3 y/y -18.9% | 0.2 y/y -1.5% | 0.5 y/y -13.4% | 0.2 y/y -54.1% | 0.4 | -0.2 | — y/y — | — y/y — | — | 121.8 | — |
| 2024-12-31 | FY 2024 (12M) | OK | 4.1 y/y -4.5% | 0.4 y/y -13.5% | 0.2 y/y 34.9% | 0.6 y/y -2.2% | 0.4 y/y -6.3% | 0.8 | -0.3 | 16.3 y/y 3.2% | 12.5 y/y 7.4% | — | 121.8 | — |
| 2024-09-30 | Q3 2024 (3M) | PARTIAL | 4.1 y/y -7.7% | 0.4 y/y -63.9% | 0.2 y/y 14.2% | 0.6 y/y -53.8% | 0.4 y/y -66.3% | 0.8 | -0.3 | — y/y — | — y/y — | — | 121.8 | — |
| 2024-06-30 | Q2 2024 (3M) | OK | 4.0 y/y 36.6% | 0.5 y/y -0.5% | 0.2 y/y -12.0% | 0.7 y/y -3.4% | 0.3 y/y -43.7% | 0.5 | -0.3 | 16.2 y/y 8.6% | 11.8 y/y 15.5% | 10.1% | 121.8 | — |
| 2024-03-31 | Q1 2024 (3M) | OK | 3.9 y/y 35.4% | 0.6 y/y 2.1% | 0.2 y/y -13.4% | 0.7 y/y -1.9% | 0.4 y/y -17.5% | 0.3 | -0.2 | 16.2 y/y — | 12.1 y/y — | 14.9% | 121.8 | — |
| 2023-12-31 | FY 2023 (12M) | OK | 4.3 y/y — | 0.5 y/y — | 0.1 y/y — | 0.6 y/y — | 0.4 y/y — | 0.6 | -0.3 | 15.8 y/y — | 11.7 y/y — | 21.9% | 121.8 | — |
| 2023-09-30 | Q3 2023 (3M) | OK | 4.4 y/y — | 1.2 y/y — | 0.2 y/y — | 1.3 y/y — | 1.1 y/y — | 0.9 | -0.2 | 16.1 y/y — | 11.3 y/y — | 13.1% | 121.8 | — |
| 2023-06-30 | Q2 2023 (3M) | OK | 2.9 y/y — | 0.5 y/y — | 0.2 y/y — | 0.7 y/y — | 0.5 y/y — | 0.4 | -0.2 | 14.9 y/y — | 10.2 y/y — | — | 121.8 | — |
| 2023-03-31 | Q1 2023 (3M) | PARTIAL | 2.9 y/y — | 0.5 y/y — | 0.2 y/y — | 0.7 y/y — | 0.5 y/y — | 0.3 | -0.2 | — y/y — | — y/y — | — | 121.8 | — |
2025-09-30 Q3: Status PARTIAL (incomplete extraction or legacy OCR warnings).2024-09-30 Q3: Status PARTIAL (incomplete extraction or legacy OCR warnings).2023-03-31 Q1: Status PARTIAL (incomplete extraction or legacy OCR warnings).Quarterly values ($ mln)
Year-over-year change
Net debt / cash ($ mln)
The same staged build as the commodity players: revenue → costs → EBITDA → conservative EBITDA (min of the spot- and 3-yr-average-price cases) → target market cap at the current EV/EBITDA. Costs held flat (a producer has no commodity on the cost side).
USD/RUB: spot 72 vs LTM-avg 80 → ×0.90 (ruble stronger → less RUB revenue); applied to USD-priced commodities (RUB gold left as-is). Oil & gas upside may be overstated: mineral-extraction tax / export duty rise with price but costs are not re-priced here.
Upside (conservative): +41% · spot +161% · 3-yr +41%
How it is calculated — revenue → costs → EBITDA → conservative EBITDA → target market cap
| 1 · Reported baseline (latest FY) | |
| Revenue | 1.00 trn RUB |
| EBITDA | 152.5 bln RUB |
| Cash costs (revenue − EBITDA) | 849.4 bln RUB |
| 2 · Revenue projection | |
| Multiplier — spot | ×1.15 (+15%) |
| = Spot revenue | 1.15 trn RUB |
| Multiplier — 3-yr prices | ×1.04 (+4%) |
| = 3-yr-price revenue | 1.04 trn RUB |
| 3 · Cost projection (held flat) | |
| Cost multiplier | ×1.00 (+0%) |
| = Cash costs | 849.4 bln RUB |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 301.3 bln RUB |
| = 3-yr-price EBITDA | 190.9 bln RUB |
| Conservative EBITDA = min(spot, 3-yr) | 190.9 bln RUB |
| 5 · Valuation → target market cap | |
| EV/EBITDA (current) | 2.0x |
| Target EV = EV/EBITDA × conservative EBITDA | 388.8 bln RUB |
| Net debt | 121.8 bln RUB |
| Target market cap = EV − net debt | 267.0 bln RUB |
| Current market cap | 188.7 bln RUB |
Upside = target market cap ÷ current − 1 = +41%
Product prices — move vs the LTM average; the 'RUB' columns include the USD/RUB move.
| Commodity | Revenue share | Spot | LTM avg | $ vs LTM | RUB vs LTM (FX) | RUB 3-yr (FX) |
|---|---|---|---|---|---|---|
| Brent | 85% | 90.16 | 69.09 | +31% | +17% | +5% |
No dividend rows found for this issuer.
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)