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Lukoil

Maxim Shemetov—Reuters
  • Previous Rank63
  • Country
    Russia
  • Revenues ($M)$119,145.00
  • Revenue Percent Change26.9%
  • Profits ($M)$9,863.70
  • Profits Percent Change37.3%
  • Assets ($M)$82,734.80
  • Employees102,500

Lukoil is the last Russian oil company to be both privately owned and internationally significant, with production assets in Iraq and central Asia, and an increasing presence exploring in Mexico. Its traditional west Siberian production base is declining, but a generous tax regime has so far let it develop replacement fields in Russia’s far north. Life may be about to get harder: Total shareholder returns rose 31% last year, but at the cost of higher debt and lower investment in future growth, which now faces further obstacles as the Kremlin continues to work with OPEC to cap oil production and support prices.

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Company Information

CEO
Vagit Y. Alekperov
Sector
Energy
Industry
Petroleum Refining
HQ Location
Moscow
Websitehttps://www.lukoil.com
Years on Global 500 List20
Employees102,500
Figures prepared in accordance with International Accounting Standards. Excise taxes have been deducted.

Lukoil Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$119,145.0026.9%
Profits ($M)$9,863.7037.3%
Assets ($M)$82,734.80-
Total Stockholder Equity ($M)$58,677.80-

Profit Ratios

Profit as % of Revenues8.3%
Profits as % of Assets11.9%
Profits as % of Stockholder Equity16.8%