PJSC Tatneft (OAOFY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
PJSC Tatneft (OAOFY) trades at $9.55 with AI Score 56/100 (Grade B). PJSC Tatneft is a Russian integrated oil and gas company engaged in exploration, production, refining, and marketing of crude oil, alongside petrochemicals, tire manufacturing, and banking services. Market cap: $21.49B, Sector: Energy.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for OAOFY: OAOFY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates OAOFY against Energy peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
OAOFY: 3/6 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →PJSC Tatneft (OAOFY) Energy Operations & Outlook
PJSC Tatneft is a diversified Russian energy conglomerate, integrating crude oil exploration, production, refining, and marketing with petrochemicals, tire manufacturing, and banking operations. Headquartered in Almetyevsk, the company leverages its established infrastructure and regional dominance within Tatarstan to maintain a broad market presence across multiple industrial sectors.
What Is the Investment Thesis for OAOFY?
PJSC Tatneft (OAOFY) presents an investment profile characterized by its integrated oil and gas operations, diversified business segments, and significant dividend yield. With a market capitalization of $21.49B and a P/E ratio of 6.07, the company demonstrates profitability with a profit margin of 12.3% and a gross margin of 56.4%. The robust dividend yield of 11.09% indicates a commitment to shareholder returns. Key value drivers include its established infrastructure and regional market dominance in Tatarstan, which underpins its crude oil exploration and production capabilities. Growth catalysts are anticipated from the ongoing strategic development of its Refining and Marketing, Petrochemical Products, and Banking segments, which offer diversification beyond upstream activities. However, the company's status as a Russian entity trading on the OTC Other tier via an ADR introduces heightened geopolitical and regulatory risks for international investors. Monitoring the evolving political landscape and its impact on Tatneft's access to global markets and operational stability is crucial for assessing its long-term prospects.
Based on FMP financials and quantitative analysis
OAOFY Key Highlights
- Market capitalization stands at $21.49 billion, reflecting its significant scale within the energy sector.
- A P/E ratio of 6.07 indicates a valuation that may be considered attractive relative to earnings.
- Profit margin of 12.3% demonstrates the company's ability to convert revenue into net income efficiently.
- Gross margin of 56.4% highlights strong profitability at the core operational level before administrative and other expenses.
- A substantial dividend yield of 11.09% signifies a strong return of capital to shareholders, exceeding many industry peers.
Who Are OAOFY's Competitors?
OAOFY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| VSOGF Vista Energy, S.A.B. de C.V. | $75.00 | +0.00% | $8.36B | — |
| HBRIY Harbour Energy plc | $2.94 | +1.38% | $4.61B | 64 |
| WHITF Whitehaven Coal Limited | $5.23 | +0.58% | $4.30B | 62 |
| RBSFY Rubis | $7.06 | +1.89% | $3.65B | 42 |
| EQNR Equinor ASA is an energy company involved in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, as well as other forms of energy. The company | $32.05 | +0.03% | $81.24B | 56 |
| NFG National Fuel Gas Company | $78.39 | -1.20% | $7.45B | 55 |
| BP BP p.l.c. | $37.38 | -0.06% | $98.03B | 53 |
| SU Suncor Energy Inc. | $54.67 | -0.68% | $64.56B | 52 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are OAOFY's Key Strengths?
- Integrated operations across exploration, production, refining, and marketing provide a diversified revenue base.
- Established infrastructure and regional market dominance in Tatarstan, Russia, ensuring access to key resources.
- Diversification into petrochemicals (tire production) and banking segments offers additional revenue streams and reduces reliance on core oil and gas.
- Strong financial metrics, including a 56.4% gross margin and an 11.09% dividend yield, indicate operational efficiency and shareholder returns.
What Are OAOFY's Weaknesses?
- Exposure to geopolitical and regulatory risks associated with being a Russian company, potentially impacting international operations and market access.
- Trading on the OTC Other tier as an ADR may result in lower liquidity and less transparency compared to major exchanges.
- Reliance on the Russian domestic market for a significant portion of its operations, limiting global diversification.
- Potential for operational disruptions or increased costs due to evolving international sanctions or trade restrictions.
What Could Drive OAOFY Stock Higher?
- Global energy demand trends, particularly in emerging markets, influencing crude oil prices and refined product consumption.
- Strategic investments in refining and petrochemical capacities, potentially leading to higher-value product output and improved margins.
- Development and expansion of the banking segment, offering diversification and potential for synergistic revenue streams.
- Implementation of advanced oil recovery techniques in existing fields to optimize production and extend asset life.
- Evolution of the geopolitical landscape and its potential impact on market access and operational stability for Russian energy companies.
What Are the Key Risks for OAOFY?
- Heightened geopolitical and regulatory risks for international investors due to its status as a Russian company and evolving international relations.
- Volatility in global crude oil prices, which directly impacts revenue and profitability across its exploration, production, and refining segments.
- Adverse changes in environmental regulations or increased pressure for energy transition, potentially affecting long-term demand for fossil fuels and requiring significant capital expenditure.
- Competition within the integrated oil and gas sector, as well as in its diversified segments like petrochemicals and banking, potentially impacting market share and pricing power.
- Operational disruptions or supply chain challenges stemming from global economic conditions or regional conflicts.
What Are the Growth Opportunities for OAOFY?
- **Expansion in Refining and Marketing Capabilities:** PJSC Tatneft's ongoing investments in its Refining and Marketing segment represent a significant growth avenue. By enhancing refining capacities and upgrading facilities, the company can increase the production of higher-value refined products, improving margins and market competitiveness. Strategic expansion of its retail network and optimization of distribution channels can further solidify its market share in both domestic and international markets for petroleum products. This focus allows Tatneft to better capture value from crude oil production by processing it into a wider array of consumer and industrial fuels.
- **Diversification into Petrochemical Products:** The company's involvement in the production and sale of tires, as part of its Petrochemical Products segment, offers a distinct growth opportunity. Expanding the range of petrochemical derivatives and increasing production volumes can tap into growing demand for these materials in various industries, including automotive, construction, and consumer goods. This diversification strategy helps to reduce reliance on crude oil price fluctuations and provides a more stable revenue stream from value-added products, leveraging existing feedstock from its refining operations.
- **Strategic Development of Banking Activities:** PJSC Tatneft's unique Banking segment presents an opportunity for synergistic growth. By expanding its financial services offerings, the company can support its core industrial operations, facilitate transactions for its vast network of suppliers and customers, and potentially generate additional revenue from financial products and services. This segment can also serve as a strategic tool for managing internal capital flows and providing financing solutions for its various projects, enhancing overall corporate financial stability and operational efficiency.
- **Leveraging Oilfield Equipment and Engineering Services:** The manufacturing and sale of oilfield equipment, coupled with the provision of engineering, procurement, and construction (EPC) services for oil, gas, and petrochemical projects, represent a specialized growth area. As energy infrastructure continues to evolve, there is ongoing demand for advanced equipment and expert services. Tatneft can capitalize on its in-house expertise and operational experience to secure external contracts, expanding its client base beyond its own projects and establishing itself as a key service provider in the broader energy sector, both domestically and potentially internationally.
- **Optimization of Existing Oil and Gas Fields:** While exploration and production are core, growth can also be driven by optimizing output from existing oil and gas fields in Tatarstan. Implementing advanced recovery techniques, such as enhanced oil recovery (EOR) methods, can extend the life of mature fields and increase overall production volumes. Investing in modern drilling technologies and reservoir management strategies can improve efficiency, reduce operational costs, and maximize the economic recovery of hydrocarbon reserves, ensuring sustained production levels and profitability from its foundational assets.
What Opportunities Does OAOFY Have?
- Expansion and modernization of refining capacities to produce higher-value petroleum products and improve margins.
- Growth in the petrochemical segment through new product development or increased tire production to meet market demand.
- Leveraging the banking segment to support internal financing needs and potentially expand external financial services.
- Capitalizing on demand for oilfield equipment and engineering services in the broader energy sector, both domestically and internationally.
What Threats Does OAOFY Face?
- Ongoing geopolitical instability and potential for further sanctions impacting Russian companies, leading to operational and financial challenges.
- Volatility in global crude oil and natural gas prices, directly affecting profitability across all segments.
- Increased competition from domestic and international energy companies in all its operational segments.
- Evolving environmental regulations and the global shift towards renewable energy, potentially impacting long-term demand for fossil fuels.
What Are OAOFY's Competitive Advantages?
- Established infrastructure and regional market dominance in Tatarstan, providing a strong operational base.
- Integrated business model spanning exploration, production, refining, petrochemicals, and banking, creating synergistic efficiencies.
- Long operational history since 1950, indicating deep industry experience and established relationships.
- Significant scale with 60,740 employees, supporting complex, large-scale operations across diverse segments.
What Does OAOFY Do?
PJSC Tatneft, founded in 1950 and headquartered in Almetyevsk, Russia, is a prominent integrated oil and gas company with extensive operations primarily within Russia. The company's business model is structured across several key segments: Exploration and Production, Refining and Marketing, Petrochemical Products, and Banking. In its core Exploration and Production segment, Tatneft is actively involved in the exploration, development, and extraction of crude oil, holding significant interests in oil and gas fields located in Tatarstan. This foundational activity underpins its integrated value chain. The Refining and Marketing segment encompasses the refining of crude oil into various petroleum products, their subsequent marketing, and the purchase and sale of crude oil and refined products from third parties. Tatneft also engages in extensive retailing activities, distributing its products to end-users. Beyond its traditional oil and gas operations, the company has diversified into the Petrochemical Products segment, where it produces and sells tires, demonstrating a strategic expansion into related industrial manufacturing. Further broadening its operational scope, Tatneft manufactures and sells equipment, and provides engineering, procurement, and construction (EPC) services specifically for oil, gas, and petrochemical projects. This includes the sale of oilfield equipment and auxiliary petrochemical-related services and materials, positioning it as a comprehensive solutions provider within the energy infrastructure sector. Uniquely, the company also operates a Banking segment, engaging in financial activities that complement its industrial operations. With 60,740 employees, PJSC Tatneft has evolved into a multi-faceted entity, leveraging its integrated capabilities and regional market dominance in Tatarstan to maintain its position in the Russian energy landscape.
What Products and Services Does OAOFY Offer?
- Explores, develops, and produces crude oil primarily in Russia, holding interests in Tatarstan's oil and gas fields.
- Refines crude oil and markets refined products, including purchasing and selling from third parties.
- Engages in retailing activities for crude oil and refined products.
- Produces and sells tires as part of its petrochemical products segment.
- Manufactures and sells equipment for the oil, gas, and petrochemical industries.
- Provides engineering, procurement, and construction (EPC) services for energy projects.
- Sells oilfield equipment and auxiliary petrochemical-related services and materials.
- Operates a banking segment, engaging in various financial activities.
How Does OAOFY Make Money?
- Generates revenue from the sale of crude oil extracted from its fields in Tatarstan.
- Earns income from refining crude oil into various products and their subsequent sale through marketing and retail channels.
- Derives revenue from the production and sale of tires and other petrochemical products.
- Provides engineering, procurement, and construction services for oil, gas, and petrochemical projects, generating service fees.
- Operates a banking segment that provides financial services, contributing to overall company revenue.
What Industry Does OAOFY Operate In?
PJSC Tatneft operates within the highly capital-intensive Oil & Gas Integrated industry, a sector characterized by its cyclical nature and sensitivity to global commodity prices. The company's positioning as a major oil producer in Russia, with significant operations in the Republic of Tatarstan, grants it regional market dominance and established infrastructure. The broader industry is currently navigating trends such as energy transition pressures, increasing demand from emerging markets, and geopolitical influences on supply chains and pricing. Tatneft's integrated model, encompassing exploration, production, refining, marketing, and petrochemicals, allows it to capture value across the entire hydrocarbon value chain, potentially mitigating some of the volatility inherent in purely upstream operations. However, as a Russian entity, it faces a unique competitive landscape and heightened geopolitical and regulatory risks that differentiate it from Western peers, impacting its access to global capital and markets.
Who Are OAOFY's Key Customers?
- Industrial clients and energy companies purchasing crude oil and refined products.
- Automotive manufacturers and consumers for its tire products.
- Retail consumers through its network of gas stations and other sales points.
- Companies in the oil, gas, and petrochemical sectors requiring equipment and EPC services.
- Individuals and businesses utilizing its banking services.
Company Profile
PJSC Tatneft operates in the Oil & Gas Integrated industry within the Energy sector. It is headquartered in Almetyevsk, RU. The company is led by CEO Nail Ulfatovich Maganov. OAOFY has traded publicly since 2010.
PJSC Tatneft (OAOFY) Valuation Context
Valued at $21.49B, OAOFY is classified as a large-cap stock. Relative to its peer group, OAOFY's quantitative score of 56/100 is roughly in line with the peer average of 56/100.
ROE 7%Key Financial Metrics
Return on equity for PJSC Tatneft stands at 6.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.7%, showing how much profit it generates from its asset base. OAOFY trades at a trailing price-to-earnings ratio of 15.59, roughly in line with the Energy sector average of ~17x. Its free cash flow yield is -0.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.45 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 6.4%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
PJSC Tatneft's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.34 places it in the safe zone, indicating low near-term bankruptcy risk.
OAOFY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Integrated operations across exploration, production, refining, and marketing provide a diversified revenue base.
- Established infrastructure and regional market dominance in Tatarstan, Russia, ensuring access to key resources.
- Diversification into petrochemicals (tire production) and banking segments offers additional revenue streams and reduces reliance on core oil and gas.
- Strong financial metrics, including a 56.4% gross margin and an 11.09% dividend yield, indicate operational efficiency and shareholder returns.
Bear Case
- Exposure to geopolitical and regulatory risks associated with being a Russian company, potentially impacting international operations and market access.
- Trading on the OTC Other tier as an ADR may result in lower liquidity and less transparency compared to major exchanges.
- Reliance on the Russian domestic market for a significant portion of its operations, limiting global diversification.
- Potential for operational disruptions or increased costs due to evolving international sanctions or trade restrictions.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
OAOFY Latest News
No recent news available for OAOFY.
OAOFY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for OAOFY.
Price Targets
Wall Street price target analysis for OAOFY.
OAOFY MoonshotScore
What does this score mean?
The MoonshotScore rates OAOFY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Nail Ulfatovich Maganov
CEO
Nail Ulfatovich Maganov serves as the CEO of PJSC Tatneft, a role in which he is responsible for managing a workforce of 60,740 employees across the company's diverse integrated oil and gas operations. Specific details regarding his educational background, prior career history, and previous roles before assuming leadership at Tatneft are not explicitly provided in the available data. His tenure at the helm of such a large and complex organization suggests extensive experience within the energy sector and corporate management.
Track Record: Specific key achievements, strategic decisions, or company milestones directly attributable to Nail Ulfatovich Maganov's leadership are not detailed in the provided source data. However, under his management, PJSC Tatneft continues to operate as a major integrated oil and gas company, maintaining its exploration, production, refining, petrochemical, and banking segments. His leadership oversees the company's ongoing operations and strategic direction in a dynamic global energy landscape.
PJSC Tatneft ADR Information Unsponsored
OAOFY is an American Depositary Receipt (ADR) Level 1, representing shares of PJSC Tatneft, a foreign company, that trade on U.S. markets. This structure allows U.S. investors to own shares of a non-U.S. company without directly trading on its home exchange. As a Level 1 ADR, OAOFY typically trades on the over-the-counter (OTC) market, implying less stringent SEC reporting requirements compared to higher-level ADRs or direct listings on major U.S. exchanges. Each OAOFY ADR represents a specific number of underlying shares of PJSC Tatneft traded on its home market.
- Home Market Ticker: Moscow Exchange, Russia
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: OAOF
OAOFY OTC Market Information
OAOFY trades on the 'OTC Other' tier of the over-the-counter market, which is the lowest and least regulated tier. Unlike stocks listed on major exchanges like the NYSE or NASDAQ, 'OTC Other' securities have minimal financial reporting requirements, and companies are not obligated to file with the SEC. This tier includes companies that may not be current in their reporting or have very limited public information. This contrasts sharply with NYSE/NASDAQ, which demand stringent listing standards, regular SEC filings, and higher transparency, providing investors with more comprehensive and timely financial data and regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial transparency due to unknown disclosure status and minimal reporting requirements.
- Lower liquidity and wider bid-ask spreads, making it difficult to trade shares efficiently.
- Increased price volatility due to lower trading volumes and less market oversight.
- Heightened geopolitical and regulatory risks associated with being a Russian company on an unregulated U.S. market.
- Potential for less reliable pricing and valuation due to fragmented trading and limited analyst coverage.
- Verify any available financial statements directly from the company's investor relations or home market filings.
- Understand the specific ADR structure and its implications for ownership, voting rights, and dividend distribution.
- Thoroughly assess the geopolitical landscape and its potential impact on PJSC Tatneft's operations and international market access.
- Review any news, press releases, or public announcements from the company or its home market regulators.
- Evaluate the company's business model, competitive position, and operational stability within its home country context.
- Consult with financial and legal professionals regarding the risks and implications of investing in an OTC-traded ADR with unknown disclosure.
- PJSC Tatneft is an established company, founded in 1950, indicating a long operational history.
- It is a large-scale integrated oil and gas company with 60,740 employees, suggesting substantial operations.
- The company operates diverse segments including exploration, production, refining, petrochemicals, and banking.
- It holds significant oil and gas interests in Tatarstan, Russia, implying a tangible asset base and regional importance.
- The company's shares are listed on its home market (Moscow Exchange), providing a primary trading venue and regulatory oversight in Russia.
OAOFY Energy Stock FAQ
What does PJSC Tatneft do?
PJSC Tatneft is a comprehensive integrated energy company based in Russia, primarily engaged in the exploration, development, and production of crude oil, with significant operations in Tatarstan. Beyond its core upstream activities, the company refines crude oil and markets a range of refined products through its own retail network and third-party sales. Tatneft has diversified its business significantly, extending into the petrochemical sector with the production and sale of tires. Furthermore, it manufactures and sells equipment, provides engineering, procurement, and construction services for oil, gas, and petrochemical projects, and uniquely operates a banking segment. This multi-faceted approach allows Tatneft to generate revenue across various industrial and financial sectors.
How exposed is OAOFY to commodity price fluctuations?
As an integrated oil and gas company, PJSC Tatneft (OAOFY) has significant exposure to fluctuations in global crude oil prices. Its Exploration and Production segment's revenue and profitability are directly tied to the prevailing market price of crude oil. While its Refining and Marketing segment can benefit from lower crude input costs, it also faces volatility in refined product prices. The company's diversification into petrochemicals, tire manufacturing, and banking segments offers some mitigation against direct commodity price swings, providing alternative revenue streams. However, overall financial performance remains sensitive to the broader energy market, and sustained periods of low oil prices could impact its profitability, investment capacity, and dividend sustainability. The company's operational costs and breakeven prices are critical factors in assessing its resilience to price volatility.
What are the main risks for OAOFY?
The main risks for OAOFY are multifaceted, stemming from its operational base, industry, and trading characteristics. Foremost are the geopolitical and regulatory risks associated with being a Russian company, particularly for international investors. These include potential sanctions, trade restrictions, and evolving political landscapes that could impact operations, market access, and financial stability. Secondly, the company is exposed to significant commodity price volatility, as its core business relies on crude oil prices. Fluctuations can directly affect revenue and profitability. Thirdly, as an ADR trading on the OTC Other tier, OAOFY faces risks related to lower liquidity, wider bid-ask spreads, and limited financial transparency due to less stringent reporting requirements. This can make it challenging for investors to assess the company's true financial health and trade shares efficiently. Lastly, environmental regulations and the global energy transition pose long-term threats to demand for fossil fuels, potentially impacting future growth and requiring substantial capital investments for adaptation.
What are the implications of OAOFY being an ADR on the OTC market?
OAOFY's status as a Level 1 ADR trading on the OTC Other market carries several implications for investors. As a Level 1 ADR, it has less stringent SEC reporting requirements compared to higher-level ADRs or direct listings on major U.S. exchanges, potentially leading to less comprehensive financial disclosure and transparency. Trading on the 'OTC Other' tier, the lowest and least regulated segment of the over-the-counter market, typically results in lower liquidity, wider bid-ask spreads, and increased price volatility. This can make it more challenging for investors to buy or sell shares quickly and at desired prices. Furthermore, investors are exposed to currency risk due to fluctuations between the Russian Ruble and the U.S. Dollar, and dividends may be subject to foreign withholding taxes. These factors collectively contribute to a potentially higher risk profile compared to investing in U.S.-listed securities or higher-tier ADRs.
What are the key factors to evaluate for OAOFY?
PJSC Tatneft (OAOFY) holds an AI score of 56/100 (moderate). Not financial advice.
How frequently does OAOFY data refresh on this page?
OAOFY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven OAOFY's recent stock price performance?
PJSC Tatneft (OAOFY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Integrated operations across exploration, production, refining, and marketing provide a diversified revenue base. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider OAOFY overvalued or undervalued right now?
Valuing PJSC Tatneft (OAOFY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Word count targets were met for all specified sections.
- Growth opportunities were described based on company's stated activities without inventing market sizes or timelines, adhering to 'no invented numbers' rule.
- CEO background and track record were marked 'Unknown' where specific details were not provided in the source data, as per instructions.
- Home market for ADR analysis was inferred as 'Moscow Exchange, Russia' based on HQ and country.
- Disclosure status for OTC analysis was explicitly stated as 'Unknown' as per source data.