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Rosneft RUB

Rosneft is Russia's largest oil company, state-controlled, producing crude oil and gas and refining and marketing petroleum products in Russia and internationally.

At a glance: strengths & risks
✓Revenue growing (+14% y/y, Q2 2026)✓Profit growing (+13% y/y, Q2 2026)✓Margins improving (23%→26%, Q2 2026)

Sector: Oil & Gas

RU_ROSN

Price chart

385.5 RUBDay 0.81%

Key metrics

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.

Market

Price
385.5 RUB · 0.81%
Market cap
4085.6 bn RUB

Growth

Δ revenue y/y
14.0%
Δ EBITDA y/y
27.4%

Multiples

P/E (LTM)
16.5x
3y avg: 8.3x
P/B (FY)
0.5x
P/E (ann.)
12.0x
EV/EBITDA (LTM)
3.3x
3y avg: 3.4x
EV/EBITDA (ann.)
3.3x

Cash return

Dividend yield
3.6%
FCF yield (LTM)
19.3%

Value creation

to target market cap (spot commodity model)
Upside (potential)
+82.7%
↓ details

Liquidity

Daily turnover (MOEX)
3.7 bln RUB

Shares: connector/market_inputs

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial results

Monetary columns are in T RUB, 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.

DatePeriodStatusRevenueT RUBOperating profitT RUBD&AT RUBEBITDAT RUBNet profitT RUBOperating CFT RUBCapex + M&AT RUBAssetsT RUBEquityT RUBROE (annualized)Net debtT RUBSource
2026-06-30Q2 2026 (3M)OK2.3
y/y 14.0%
0.3
y/y 37.6%
0.3
y/y 17.3%
0.6
y/y 27.4%
0.1
y/y 13.3%
——21.7
y/y 6.7%
9.3
y/y 2.7%
3.7%3.6Report (PDF)
2026-03-31Q1 2026 (3M)OK2.0
y/y -11.0%
0.3
y/y -7.3%
0.4
y/y 72.3%
0.7
y/y 24.0%
0.1
y/y -32.4%
——22.0
y/y 7.4%
9.3
y/y 1.4%
5.0%3.6Report (PDF)
2025-12-31Q4 2025 (3M)OK1.9
y/y -19.8%
0.3
y/y -40.1%
0.3
y/y 10.3%
0.5
y/y -23.1%
0.0
y/y -89.9%
——21.6
y/y 4.2%
9.1
y/y -0.9%
3.2%3.6Report (PDF)
2025-09-30Q3 2025 (3M)OK2.0
y/y -19.5%
0.2
y/y -48.0%
0.3
y/y 19.6%
0.5
y/y -26.1%
0.0
y/y -79.1%
——21.6
y/y 10.1%
9.2
y/y -0.3%
0.5%3.6Report (PDF)
2025-06-30Q2 2025 (3M)OK2.0
y/y -23.9%
0.2
y/y -61.1%
0.2
y/y 11.9%
0.5
y/y -42.3%
0.1
y/y -79.9%
0.6-0.420.3
y/y 6.0%
9.0
y/y 0.8%
3.3%3.6Report (PDF)
2025-03-31Q1 2025 (3M)OK2.3
y/y -12.0%
0.4
y/y -44.9%
0.2
y/y 15.5%
0.6
y/y -30.6%
0.2
y/y -57.4%
0.4-0.420.5
y/y 6.7%
9.1
y/y 2.0%
7.4%3.6Report (PDF)
2024-12-31Q4 2024 (3M)OK2.4
y/y -7.2%
0.5
y/y -10.4%
0.2
y/y 51.6%
0.7
y/y 3.9%
0.2
y/y -59.4%
0.7-0.420.7
y/y 10.1%
9.2
y/y 8.8%
11.8%3.6Report (PDF)
2024-09-30Q3 2024 (3M)OK2.5
y/y -34.2%
0.4
y/y 0.0%
0.2
y/y 0.0%
0.7
y/y 0.0%
0.2
y/y -22.7%
0.7-0.419.6
y/y 0.0%
9.2
y/y 0.0%
2.2%3.2Report (PDF)
2024-06-30Q2 2024 (3M)OK2.6
y/y —
0.6
y/y —
0.2
y/y —
0.8
y/y —
0.4
y/y —
0.6-0.419.2
y/y —
9.0
y/y —
16.7%2.9Report (PDF)
2024-03-31Q1 2024 (3M)OK2.6
y/y —
0.6
y/y —
0.2
y/y —
0.8
y/y —
0.4
y/y —
0.4-0.319.2
y/y —
9.0
y/y —
18.4%2.9Report (PDF)
2023-12-31Q4 2023 (3M)OK2.6
y/y —
0.5
y/y —
0.2
y/y —
0.7
y/y —
0.4
y/y —
1.0-0.218.8
y/y —
8.4
y/y —
17.3%2.5Report (PDF)
2023-09-30Q3 2023 (3M)OK3.8
y/y —
0.4
y/y —
0.2
y/y —
0.7
y/y —
0.2
y/y —
0.7-0.419.6
y/y —
9.2
y/y —
2.9%2.4Report (PDF)
2023-06-30Q2 2023 (3M)OK5.2
y/y —
1.2
y/y —
0.4
y/y —
1.7
y/y —
0.9
y/y —
1.1-0.719.2
y/y —
9.0
y/y —
—2.4Report (PDF)

Revenue & EBITDA

RevenueEBITDA

Quarterly values (₽ mln)

01 000 0002 000 0003 000 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Year-over-year change

-50%0%50%100%2024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Cash flow

Operating and investing cash flow (OCF + ICF) (₽ mln)

-100 0000100 000200 000300 000400 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Net debt / cash (₽ mln)

01 000 0002 000 0003 000 0004 000 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Profit and cash

Profit is cash-backed
In a typical year of 2020–2025 operating cash flow came to 2.04x of reported net profit; after capex, 0.95x.
year2020202120232024
cash flow / profit10.51x1.15x1.81x2.27x
accruals, % of assets-10.3%-0.9%-6.6%-6.7%
Last twelve months (to 2026-06-30): 9.25x of profit came back as operating cash flow.
net debt / EBITDA 1.7x · capex 1.2x of depreciation · dividends 9% of free cash flow
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Research & reviews

Our earnings breakdowns and investment notes on this issuer.

All research →

Production & Reserves

Physical operating metrics — supplementary, not part of the financial statements

Oil & gas (PRMS 2P reserves)

Proved reserves
11 500 mln toe
2025
Reserve life (R/P)
46.6 yrs
reserves ÷ annual output
Annual production
246.60 mln toe
2025

Production, mln toe

255.902024246.602025

Proved reserves

YearReserves, mln toe
202511 500

Production

YearProduction, mln toeper day, mln toe
2025246.60
−3.6%		0.68
2024255.900.70

Роснефть: PRMS 2P запасы 11.5 млрд т н.э. (пресс-релиз МСФО FY2025, 31.03.2026, rosneft.ru/press/releases/item/223841/); добыча 2025 = 246.6 млн т н.э. (181.1 млн т жидких + 79.6 bcm газа), тот же релиз. FY2024 production 255.9 mln toe (-3.6% YoY in 2025, OPEC+ quotas; same FY2025 IFRS release).

Quality / corporate governance

Potential discount −37% (factor 0.63)

This company's ranking potential is scaled down by a quality/governance factor from the signals below — de-prioritising 'cheap but problematic' names.

Key-commodity price — Urals

Current 100spot vs LTM +66%

Commodity price upside

Oil model, two legs: crude and refining. Russian liquids production × Δ(Urals in RUB) gives the crude leg, Russian refinery throughput × Δ(export crack in RUB) the second; volumes from company disclosure. In the spot scenario Brent follows the futures curve and the excess refining margin decays with a 9-month half-life; base prices cover the same period as base EBITDA. Urals is the official price (Ministry of Economic Development, Argus quotes), not Brent minus a fixed spread. The coefficients (30% and 80%) are estimated on a six-company panel, not assumed from the tax rate. Then conservative EBITDA (min spot/avg) → target market cap at the 3-year median EV/EBITDA. The re-rating is suppressed when the multiple fell because EBITDA grew rather than because the price fell — otherwise the earnings growth would be counted twice.

USD/RUB: spot 82 vs LTM-avg 79 → ×1.04 (ruble weaker → more RUB revenue); applied to USD-priced commodities (RUB gold left as-is).

Upside (conservative): +83% · spot +147% · 3-yr +18%

How it is calculated — revenue → costs → EBITDA → conservative EBITDA → target market cap

1 · Reported baseline (LTM to 2026-06-30)
Revenue8.26 trn RUB
EBITDA2.32 trn RUB
Cash costs (revenue − EBITDA)5.94 trn RUB
2 · Urals oil price ($/bbl)
Spot$94.4
LTM average$60.0
3-yr average$65.2
Price sourceМинэк 2024-05…2026-09 (29 мес.); до 2024-05 — оценка по медиане дисконта 10.89 $
Brent now (for reference)$104.5
Brent in spot scenario: 12-mo futures average$98.3
Urals in RUB per bbl — spot / LTM / 3-yr7,925 RUB / 4,669 RUB / 5,569 RUB
3 · Export crack (RUB per bbl of throughput)
Spot / LTM / 3-yr6,827 RUB / 3,447 RUB / 3,490 RUB
Spot scenario: 12-mo average, excess margin decays with 9-mo half-life5,668 RUB
4 · EBITDA projection: two legs
Liquids production in Russia, mln bbl/yr · жидкие РФ: факт 2025, группа вкл. Башнефть (пресс-релиз МСФО 2025)1,328
Refining throughput in Russia, mln t/yr76
Coefficients: crude / crack (panel-estimated)30% / 80%
Crude leg — spot1.09 trn RUB
Refining leg — spot985.6 bln RUB
Price effect on EBITDA — spot2.08 trn RUB
Price effect on EBITDA — 3-yr377.1 bln RUB
= Spot EBITDA (LTM + effect)4.40 trn RUB
= 3-yr-price EBITDA2.70 trn RUB
= Avg-scenario EBITDA (spot + 3-yr)/23.55 trn RUB
Conservative EBITDA = min(spot, avg(spot, 3-yr))3.55 trn RUB
5 · Valuation → target market cap
EV/EBITDA (3y hist. p75)3.1x
Target EV = EV/EBITDA × conservative EBITDA11.03 trn RUB
Net debt (as of 2026-06-30) · unchanged since 2024-12-313.57 trn RUB
Target market cap = EV − net debt7.45 trn RUB
Current market cap4.08 trn RUB

Upside = target market cap ÷ current − 1 = +83%

Revenue growth & acceleration

Growth decelerating ▼
Last-year revenue growth -19% vs +11% the year before — a -29.4 pp move. 3-year CAGR —.
revenue growth by year: 2023 +5% · 2024 +11% · 2025 -19%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — daily history

Current 3.3x · 3-year 75th pct 3.5x

EV/EBITDA3-year 75th pct

Peer comparison

Group: Oil & Gas. Each peer is shown as it trades and re-priced onto this company's market (Russia) by the ratio of our coverage medians.

CompanyMarketCap, $bnEV/EBITDAEV/EBITDA, adjusted
Aker BPglobal25.53.1x1.5x
LukoilRussia42.92.5x2.5x
Occidental Petroleumglobal62.05.2x2.5x
GazpromRussia32.02.9x2.9x
ConocoPhillipsglobal182.77.4x3.6x
TatneftRussia17.53.9x3.9x
Gazprom NeftRussia32.54.2x4.2x
Chevronglobal418.88.6x4.2x
Whitecap Resourcesglobal17.49.1x4.5x
SantosAustralia20.99.6x4.5x
Exxon Mobilglobal743.310.5x5.1x
NovatekRussia42.58.6x8.6x
Group median6.3x4.1x
Group average6.3x4.0x
This companyRussia49.03.3x3.3x

Group median 6.3x as traded, 4.1x adjusted; this company 3.3x — a 19% discount.

Group average 6.3x as traded, 4.0x adjusted; against the average this company is at a 17% discount.

At the adjusted group median the market cap would be +43% versus today.

The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 20.7x, Russia 3.9x, South Africa 5.1x, Kazakhstan 4.6x, India 18.8x, Indonesia 4.9x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-21; the company's own is live.

Dividend potential

Dividend-model upside: -64%

The payout is forecast from smoothed profit × payout ratio, capped by free cash flow (developers exempt — escrow) and floored at the recent actual dividend (companies hold payouts while profitable). Fair yield = key rate + the historical yield-spread to the rate (so growers that historically traded below the rate score higher). Upside = fair price / current − 1.

1 · Forecast dividend (per policy)
Smoothed net profit (median YTD-ann./LTM/FY)293 bn RUB
Payout ratio47%
Recent actual dividend (3-yr median)13.83 ₽
= Forecast dividend per share13.83 ₽
2 · Fair yield (spread to key rate)
CBR key rate14.0%
Historical yield spread to rate (3-yr median)-7.7 pp
= Fair dividend yield10.5%
3 · Valuation → upside
Current price386 ₽
Forecast dividend yield3.6%
Fair price (dividend-based)139 ₽

Forecast, not investment advice. Earnings annualization and policy assumptions are estimates.

Three-year model and IRR withheld

The number is withheld — here is why

Across 4 historical measurements the profit forecast came to a median 1.95 of actual — the model consistently overstates this name's profit. Dividends and IRR run off profit; the number is withheld

The path below is computed and shown in full, so you can see what the model rests on and where it breaks. Only the headline price and upside are hidden — those are what we do not trust.

base — LTM на 2026-06-30 (H1)

Metric, RUB mlnLTM, actual
12m to 30.06.2026
2027
12m to 30.06
2028
12m to 30.06
2029
12m to 30.06
Revenue8.26 trn9.84 trn9.84 trn9.81 trn
Revenue growth—+19%-0%-0%
EBITDA2.31 trn2.84 trn2.81 trn2.78 trn
EBITDA margin28.0%28.9%28.6%28.3%
less D&A512.7 bn569.2 bn569.2 bn568.3 bn
EBIT1.80 trn2.27 trn2.24 trn2.21 trn
less net interest—513.4 bn363.4 bn290.0 bn
less tax275.0 bn
for 2025
439.3 bn470.4 bn480.5 bn
Net profit—1.32 trn1.41 trn1.44 trn
Capex—569.2 bn569.2 bn568.3 bn
Capex to revenue—5.8%5.8%5.8%
Free cash flow—1.71 trn1.83 trn1.87 trn
Net debt4.08 trn2.42 trn1.74 trn1.25 trn
Net debt / EBITDA1.8x0.8x0.6x0.5x
Dividend per share13.83 ₽22.13 ₽35.40 ₽56.65 ₽

Debt and cash are as of 31.12.2021: the 30.06.2026 report carries the income statement only

Where the growth comes from
Revenue-growth sourceweightgrowth: yr 1 · 2 · 3
Related-market prices (Oil & Gas)
Нефть Urals (Brent − дисконт Минэка) 88% → +76%; FX ×1.036; 90% of costs follow price
EI1 Commodities_D_Values + курс; Urals = Brent − дисконт Минэка		49%+19% · -2% · -2%
Realised pace (acceleration/deceleration)
LTM YoY -10%; acceleration -11.2pp
LTM г/г по отчётности		11%-6% · -0% · +3%
Analyst forecast of financial results (Консенсус, houses: 7)
Терминал «Андромеда» (АО «Эйлер Аналитические Технологии»), модуль FA, источник «Консенсус», выгрузка 15.09.2026. Дата обновления прогноза в терминале — плейсхолдер 01.01.2100, поэтому свежесть консенсуса не подтверждена		40%+13% · +10% · +9%
Model assumptions
Exit multipleEV/EBITDA 3.12x (2.82x…4.56x)
No re-rating: min(current 3.5x, three-year median 3.1x). Re-rating to 4.6x on a falling rate is the bull case
Second valuation: discounted cash flow1 797 ₽ (discount 13.1%, terminal growth 4.0%)
78% of that value sits beyond the three-year horizon
Key rate by year13.2% · 9.8% · 8.1% (averaged over the 12 months to each model year end, not over the calendar year)
Cost inflation6.2% · 5.6% · 5.3%
Dividend policy47% of net profit, capped by cash flow
Current CPI (actual)6.3%, на 2026-09-30
Capexcapex/revenue intensity held at the base level, floored at 80% of D&A: growth may need no new plant, but wear still does
D&Agrows slower than revenue — elasticity 0.6: assets outlive the sales they carry
Interestgross debt × (that year's key rate + 1.5pp) less cash yield at 0.85 of the rate. Debt is refinanced at par; free cash after dividends accumulates and cuts net debt
Tax25% of pre-tax profit when positive; losses earn no tax credit
Working capitalneutral: FCF = EBITDA − capex − interest − tax
Governancequality multiplier 0.63 — flags: no_cash_flow, curated; no discount to the exit multiple — it is the market's own and already prices this risk
Model versus analyst forecasts
Linemodelanalystsgap
2027 Консенсус, houses: 7.0 · blended from 50% 2026 + 50% 2027
Revenue9.84 trn9.32 trn1.05x
EBITDA2.84 trn2.67 trn1.06x
Net profit1.32 trn782.6 bn1.68x
2028 Консенсус, houses: 3.0 · blended from 50% 2027 + 50% 2028
Revenue9.84 trn9.67 trn1.02x
EBITDA2.81 trn2.72 trn1.03x
Net profit1.41 trn880.3 bn1.60x

The comparison runs on financial results, not target prices: a target depends on the multiple and horizon, while revenue and EBITDA forecasts compare directly.

Forecast accuracy measured on history
Historical forecast checkobsmedian errorbias±20%
Revenue67%1.03x100%
EBITDA611%1.07x67%
Net profit495%1.95x25%

The model is anchored at each past reporting date with only the data available then, and its one-year-ahead forecast is compared with the actual. Rates and inflation are actuals, so this checks the operating forecast, not macro guessing.

Independent one-year estimates: eninvs Company_Forecast — 636 ₽; Frontier див-модель — 139 ₽; Frontier спот-модель — 703 ₽. Ours on the same horizon — 607 ₽. Dropped as broken: eninvs DividendPrediction (1.573e-07)

Checks and caveats
  • ✗ Across 4 historical measurements the profit forecast came to a median 1.95 of actual — the model consistently overstates this name's profit. Dividends and IRR run off profit; the number is withheld
  • ⚠ The base carries no capex — it is set equal to depreciation
  • ⚠ The two valuations of the same cash flow differ 0.4x: exit multiple 701 vs discounted cash flow 1,797 — the target rests on the multiple assumption rather than on the flow; in the DCF 78% of value sits in the terminal value
  • ⚠ The model matches the houses on revenue and EBITDA but differs 1.68x on profit. For a leveraged name that is almost always the rate path: the model runs interest down with the key rate, the street is usually more cautious
  • ⚠ Governance: quality multiplier 0.63 (flags: no_cash_flow, curated). No discount is applied to the exit multiple — it is the name's own market multiple and the market already prices this risk in
  • ⚠ Net debt grows for reasons beyond a cash shortfall: over 4 years it added 7.9% of revenue a year on top of cash flow and dividends (range -5.9…+14.6%) — new leases, acquisitions, revaluation. That addition is carried in the forecast; without it the model would show deleveraging where debt keeps rising
  • ⚠ The reporting-period series needed repair: 4 rows discarded as incompatible with the cumulative convention (years 2019, 2021). The database carries quarters labelled as halves and nine-month periods; LTM and year-on-year growth computed on those are wrong, so they are dropped
  • ✓ Growth sources: consensus, market, momentum
  • ✓ Revenue CAGR +6%
  • ✓ Year-3 margin 28% inside history 18%–32%
  • ✓ Year-3 net debt/EBITDA 0.5x
  • ✓ Three-year dividends — 30% of the current price
  • ✓ IRR +30%
  • ✓ Base is fresh: report 4 months old
  • ✓ Historical check (6 observations): median EBITDA miss 3.0 pp of margin, within ±5 pp in 67% of cases, relative error 11% at bias 1.07x, revenue 7%
  • ✓ Versus the analyst forecast for 2027 (7 houses): revenue 1.05x, EBITDA 1.06x, profit 1.68x
  • ✓ The formula undercounts cash: over 3 reported years free cash flow came to 1.64 of 'EBITDA less capex, interest and tax', and the excess held in 2 of 3 years. The forecast is scaled up 1.30x — never above 1.3, which would extrapolate a good year
  • ✓ One-year value agrees with an independent estimate: eninvs Company_Forecast (0.95x). Compared with: eninvs Company_Forecast, Frontier див-модель, Frontier спот-модель
  • The price move passes into revenue to the power of 0.51 (общая оценка по нефтяникам), not one for one. The tax part of costs still follows the full price move — mineral tax is levied on price, not revenue.
  • Volume is taken separately, not from revenue momentum — фактическая добыча: 255.9 -> 246.6 mln toe за 2024-2025 (-3.6% в год, в модель взята половина). A commodity producer's revenue is mostly price, so using revenue growth as volume would count the price twice.
  • Commodity prices held at spot; 90% of cash costs follow the output price (mineral tax, energy, freight), the rest follows inflation. FX drifts with the inflation differential (PPP), so USD revenue still grows in roubles at a flat commodity price.

A forecast, not investment advice. Related-market prices are held at today's level, so the model answers what the business earns and is worth if markets stay here — it does not predict prices.

Dividend history

Paid, trailing 12-mo: 13.83 RUB/sh · 3.6%

Pay yearDividend /sh
202613.83 ₽
202551.15 ₽
202459.78 ₽
202338.36 ₽
202223.63 ₽
202124.97 ₽
202018.07 ₽
201926.67 ₽
Payments by period
PeriodLast day to buy/sh
2026 q32026-07-082.27 ₽
2026 q12026-01-0911.56 ₽
2025 q32025-07-1714.68 ₽
2025 q12025-01-0936.47 ₽
2024 q32024-07-0829.01 ₽
2024 q12024-01-1030.77 ₽
2023 q32023-07-0717.97 ₽
2023 q12023-01-1020.39 ₽
2022 q32022-07-0723.63 ₽
2021 q42021-10-0718.03 ₽

Dividends

No dividend rows found for this issuer.

Trading microstructure: order book & tape

Share of volume initiated by buyers (crossing the spread):
1d: 45% buy — sellers5d: 50% buy — balanced20d: 50% buy — balanced

No iceberg levels detected last session.
Robot clips (recurring characteristic order size): 0 bid / 4 ask; largest — ask 569 lots ×202 appearances across 73 price levels. Ping probes (1-2 lots, typical iceberg hunting): ask ×329.

DayBuyer initiativeIcebergs bid/askRobots bid/askTrades
21.1045%0/00/433,255
20.1053%8/113/248,292
19.1049%22/74/463,474
16.1056%0/22/041,856
15.1047%0/40/042,364

Source: L2 order book + trade tape (TQBR main session, ~23 liquid names). Trade side = the aggressor crossing the spread. Iceberg = level filled a multiple of its displayed size with regular refills. Robot clip = a non-round order size recurring hundreds of times across dozens of price levels (an algo's fingerprint migrating with price); ping = 1-2 lot probe orders. Updated nightly.

Investment-community mentions

Substantive mentions last 7 days: 2 (1 positive), last 30 days: 7 (3 positive) across tracked channels, broker research and shows. 17 passing mentions (digests, calendars) hidden.

Sources: Telegram channels (bloggers — blue chip, broker research — green), YouTube shows via transcripts (orange). Tone (▲/▼) is an automatic assessment in the stock's context. Quotes are fragmentary; authors' views are not our recommendations.

Corporate events

21.10.26BuybackПриобретение (наступление оснований для приобретения) размещенных эмитентом облигаций
ПАО «НК «Роснефть» объявила о приобретении своих биржевых облигаций серии 004Р-03 по цене 100% от номинальной стоимости с выплатой накопленного купонного дохода. Приобретение облигаций запланировано на 12.11.2026, с периодом предъявления требований с 02.11.2026 по 09.11.2026.
06.10.26Material eventСведения, оказывающие, по мнению эмитента, существенное влияние на стоимость его эмиссионных ценных бумаг
Эмитент ПАО «НК «Роснефть» не приобрел облигации серии 001Р-08 по требованию владельцев, так как они не были предъявлены к выкупу. Облигации имеют международный код ISIN RU000A0ZYCP5 и были зарегистрированы 09.10.2017.
07.08.26AGM / BoardРешения совета директоров (наблюдательного совета)
Совет директоров ПАО «Роснефть» утвердил Политику Компании № П4-01 П-02 «О внутреннем аудите» версия 2 на заседании 4 августа 2026 года. Кворум заседания был присутствующим, решение по вопросу №5 повестки дня принято.

Source: e-disclosure material filings over the last 180 days; ★ — flagged important by the classifier; summaries are automatic.

RU equity fund ownership

Disclosed in the top-10 of 5 of 17 funds, ≈1,4 млрд ₽ combined.

FundManagerWeight≈PositionΔ weight m/mDisclosure
DIVD ДОХОДЪ Индекс дивидендных акцийДОХОДЪ5.69%58 млн ₽—31.08.2026
TRND Т-Капитал Трендовые акцииТ-Капитал4.78%24 млн ₽—31.08.2026
EQMX ВИМ - Индекс МосБиржиВИМ Инвестиции2.64%349 млн ₽—31.08.2026
SBMX Первая - Фонд Топ Российских акцийПервая2.62%539 млн ₽—31.08.2026
TMOS Т-Капитал Индекс МосБиржиТ-Капитал2.59%382 млн ₽—31.08.2026

Source: monthly fund portfolio disclosures (investfunds); NAV is daily. Disclosures list each fund's top-10 only, so absence does not mean no position. Weight changes mix revaluation with trading. Fund flows and betas live in the fund monitor on the RU region page.

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Rosneft — from primary filings.

Frequently asked questions

What is Rosneft's P/E ratio?
Rosneft trades at a P/E of 16.5x (price to trailing 12-month earnings).
What is Rosneft's EV/EBITDA?
Rosneft trades at 3.3x EV/EBITDA.
What is Rosneft's P/B ratio?
Rosneft trades at a P/B of 0.5x.
What is Rosneft's dividend yield?
Rosneft's trailing 12-month dividend yield is 3.6%.
What is Rosneft's return on equity (ROE)?
Rosneft's ROE is 3.7%.
What is Rosneft's market capitalization?
Rosneft's market cap is 4085.6 bn RUB.

Bonds by this issuer

IssueYTMCouponPrice, %1DVolume today, ₽Avg vol. 20D, ₽Maturity
Роснфт4P26.6%6.5%99.80—12K—put 09.2026
Роснфт1P82.6%8%100.06+0.00%626K626Kput 10.2026
Роснфт4P3floatfloat101.45+0.00%617K617Kput 11.2026
Роснфт3P01—8%102.82+0.00%632K632Kput 11.2026
Роснфт3P02—8%102.82+0.00%632K632Kput 11.2026
Роснфт1P1—8%103.00+0.00%676K676K11.2026
Роснфт2P1—8%104.61+0.00%634K634Kput 11.2026
Роснфт2P2—8%104.60+0.00%1K1Kput 11.2026
Роснфт1P210.3%8%99.71+0.00%18K63K12.2026
Роснфт1P3—9.5%————12.2026
Роснфт2P415.1%8%98.12+0.05%59K469Kput 02.2027
Роснфт2P137.3%6.5%99.74-0.31%12K257Kput 03.2027
Роснфт5P28.2%8%100.00+0.00%610K610Kput 03.2027
Роснфт4P1—6.5%————put 03.2027
Роснфт1P413.6%9%98.06-1.63%1.1M1.7M04.2027
Роснфт2P1013.4%8%97.18+0.00%5K62Kput 06.2027
Роснфт1P712.5%8%97.00+0.00%598K598K07.2027
Роснфт1P68.8%8%99.50+0.00%617K309K07.2027
Роснфт2P115.0%5%————put 07.2027
Роснфт2P126.7%6.5%99.96-0.04%319K1.1Mput 09.2027

and 7 more issue(s)

Price, YTM and turnover from MOEX; 1D is the current price vs the previous session close; floaters have no fixed YTM. Not investment advice.

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