Global 500

Rank
42
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Gazprom

Global 500 2019-Gazprom
Workers†are seen through a†pipe†at the†construction site†of the Nord†Stream†2 gas pipeline, near the town of Kingisepp, Leningrad region, Russia, June 5, 2019. REUTERS/Anton†Vaganov - RC1BD59BBDA0Anton Vaganov—Reuters
  • Previous Rank
    49
  • Revenues ($M)
    131302.00
  • Revenue Percent Change
    17.3
  • Profits ($M)
    23199.10
  • Profits Percent Change
    89.4
  • Assets ($M)
    300354.80
  • Employees
    466100

The economic imperatives behind the pre-eminence of Russia's state-controlled natural gas giant remain unchanged. Its unparalleled reserves can be shipped through pipelines to Europe far more cheaply than anyone can deliver a liquified product. Revamped governance may also be on the way: key senior managers have exited, and it has ceded to government urging to pay higher dividends. The half-built Nord Stream 2 pipeline, running under the Baltic Sea to Germany, looks likely to cement Gazprom’s dominance in Europe starting next year—barring the wild card of U.S. sanctions against the European companies building it.

Company Information

CEOAlexey B. Miller
SectorEnergy
IndustryEnergy
HQ LocationMoscow
Websitewww.gazprom.com
Years on Global 500 List23
Employees466,100

Key Financials (Last Fiscal Year)

Revenues ($M)$131,302
Profits ($M)$23,199.1
Assets ($M)$300,354.8
Total Stockholder Equity ($M)$191,957.5

Profit Ratios

Profit as % of Revenues17.7%
Profits as % of Assets7.7%
Profits as % of Stockholder Equity12.1%