Surgutneftegas Public Joint Stock Company Overview
Pro stress-test →Surgutneftegas engages in the production of oil, petroleum, and natural gas in Russia, with operations across Western Siberia, Eastern Siberia, and Timan-Pechora provinces. It is one of the leading Russian oil groups and represents a critical energy asset, though currently operating under significant geopolitical constraints.
Strategic Profile
Pro stress-test →The group's activity is organized around three areas: hydrocarbon exploration and production, crude oil refining and natural gas transformation, and distribution of petroleum products and production of electrical energy. The company refines and produces petroleum products including motor fuels, aromatics, and diesel fuel, and engages in wholesaling, retailing, and storage of petroleum products.
Competitive Landscape
Pro stress-test →Gazprom, Rosneft, LukOil, BP, and Shell are major competitors. Surgutneftegas differentiates through integrated upstream-downstream operations and strong asset base in Western Siberia, but faces relative competitive disadvantage given sanctions restrictions that primarily impact Russian producers.
Industry Context
Surgutneftegas Public Joint Stock Company operates in Oil & Gas Exploration, Production, and Refining.
Key facts
Founded: 1964 · Headquarters: Surgut, Russia · Employees: 112,000 · Revenue: $26.0B · Market cap: $23.5B