PJSC Tatneft Overview
Pro stress-test →Tatneft is a Russian vertically integrated oil and gas company with headquarters in the city of Almetyevsk, Republic of Tatarstan. It is the fifth largest oil company in Russia and the eighth largest listed company in Russia by market capitalization. The company operates across the full hydrocarbon value chain from exploration and production to refining, petrochemicals, and retail.
Strategic Profile
Pro stress-test →Tatneft holds most of the exploration and production licenses and produces substantially all its crude oil in Tatarstan, providing geographic concentration and operational advantages. Net sales break down by crude oil exploration and production (54.4%), petroleum product refining and distribution (37.2%), tire manufacturing (3.9%), and other activities (3.5%). The company has diversified downstream operations and maintains strategic partnerships in energy services.
Competitive Landscape
Pro stress-test →Tatneft ranks as the fifth largest oil company in Russia and competes with major integrated oil companies including Rosneft, Lukoil, Gazprom Neft, and Surgutneftegaz domestically, and international majors globally. Tatneft's competitive advantage lies in its established Tatarstan reserve base and integrated refining capacity, though geopolitical constraints limit international competitiveness.
Industry Context
PJSC Tatneft operates in Oil & Gas Exploration and Production / Integrated Energy.
Key facts
Founded: 1994 · Headquarters: Almetyevsk, Russia · Employees: 60,743 · Revenue: $22.4B · Market cap: $24.5B