# Surgutneftegas

> Russian oil and gas company

**Wikidata**: [Q680776](https://www.wikidata.org/wiki/Q680776)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Surgutneftegas)  
**Source**: https://4ort.xyz/entity/surgutneftegas

## Summary
Surgutneftegas is a major Russian oil and gas company headquartered in Surgut, Russia. Founded in 1993, it is a public company engaged in the extraction, production, and sale of petroleum and natural gas, playing a significant role in Russia's energy sector.

## Key Facts
- **Name and Type**: Surgutneftegas (also known as Surgutneftegas OAO) is a public company and a joint-stock enterprise.
- **Industry**: Operates in the petroleum industry, focusing on the extraction of petroleum and natural gas.
- **Founding**: Established on January 1, 1993.
- **Headquarters**: Located in Surgut, a city in Russia.
- **Country of Operation**: Primarily operates in Russia.
- **Products**: Deals in petroleum, natural gas, and petroleum products.
- **Stock Exchanges**: Listed on the Moscow Exchange and the London Stock Exchange.
- **Financials**:
  - Revenue: 1,222,181,000,000.0 (2022), 1,175,019,000,000.0 (2021), 5,561,000,000,000.0 (2020), 2,523,600,000.0 (2019).
  - Net Profit: -62,473,000,000.0 (2022).
  - Total Assets: 3,921,585,000,000.0 (2022).
- **Employees**: Approximately 111,866 employees.
- **Leadership**: Directed by Vladimir Bogdanov, a prominent Russian businessman.
- **Ownership**: Owned by the Government of Russia and operated by entities like the National Media Group.
- **Identifiers**:
  - ISIN: US8688611057
  - LEI: 2138002GZLU65FRAC894
  - Wikidata ID: Q2632892
  - Freebase ID: /m/0281v5x
  - Google Knowledge Graph ID: /g/121jnq1m
  - BabelNet ID: 00014137n

## FAQs
**What is Surgutneftegas?**
Surgutneftegas is a Russian oil and gas company that specializes in the extraction, production, and sale of petroleum and natural gas. It is a public company listed on major stock exchanges like the Moscow Exchange and the London Stock Exchange.

**When was Surgutneftegas founded?**
Surgutneftegas was founded on January 1, 1993.

**Where is Surgutneftegas headquartered?**
The company is headquartered in Surgut, a city in Russia.

**What products does Surgutneftegas deal in?**
Surgutneftegas deals in petroleum, natural gas, and various petroleum products.

**Who leads Surgutneftegas?**
The company is directed by Vladimir Bogdanov, a notable Russian businessman.

**What are the financial highlights of Surgutneftegas?**
In 2022, Surgutneftegas reported a revenue of 1,222,181,000,000.0 and a net profit of -62,473,000,000.0. The company's total assets were valued at 3,921,585,000,000.0 in the same year.

**How many employees does Surgutneftegas have?**
As of the latest data, Surgutneftegas employs approximately 111,866 people.

**Is Surgutneftegas a public company?**
Yes, Surgutneftegas is a public company, meaning its securities are available for sale to the general public.

## Why It Matters
Surgutneftegas is a critical player in Russia's energy sector, contributing significantly to the country's oil and gas production. As a major public company, it plays a vital role in the global energy market, influencing economic policies and energy security. Its operations support thousands of jobs and contribute to the national economy, making it a key entity in Russia's industrial landscape.

## Notable For
- Being one of the largest oil and gas companies in Russia.
- Its significant revenue and asset base, reflecting its substantial market presence.
- Operating in key stock exchanges like the Moscow Exchange and the London Stock Exchange.
- Employing a large workforce, contributing to the local and national economy.
- Being led by prominent figures in the Russian business sector, such as Vladimir Bogdanov.
- Its involvement in the extraction and production of critical energy resources like petroleum and natural gas.

## Body

### History and Foundation
Surgutneftegas was founded on January 1, 1993, in the city of Surgut, Russia. The company was established as a public enterprise, allowing it to offer its securities to the general public. This structure has enabled Surgutneftegas to raise significant capital for its operations and expansion.

### Industry and Operations
Surgutneftegas operates primarily in the petroleum industry, focusing on the extraction of petroleum and natural gas. The company is involved in various stages of the oil and gas value chain, from exploration and extraction to production and sale. Its operations are crucial to Russia's energy sector, contributing to the country's status as a major global energy supplier.

### Financial Performance
Surgutneftegas has demonstrated robust financial performance over the years. In 2022, the company reported a revenue of 1,222,181,000,000.0 and total assets valued at 3,921,585,000,000.0. Despite a net profit of -62,473,000,000.0 in the same year, the company remains a significant player in the energy market. Historical revenue figures include 1,175,019,000,000.0 in 2021, 5,561,000,000,000.0 in 2020, and 2,523,600,000.0 in 2019.

### Leadership and Governance
The company is directed by Vladimir Bogdanov, a prominent Russian businessman with extensive experience in the oil and gas sector. Under his leadership, Surgutneftegas has maintained its position as a key player in Russia's energy industry. The company's governance structure ensures compliance with regulatory standards and strategic decision-making.

### Stock Exchange Listings
Surgutneftegas is listed on major stock exchanges, including the Moscow Exchange and the London Stock Exchange. These listings provide the company with access to global capital markets, enhancing its ability to raise funds and expand its operations. The company's public status allows for widespread ownership and investment opportunities.

### Employment and Workforce
Surgutneftegas employs approximately 111,866 people, making it one of the largest employers in the Russian energy sector. The company's workforce is involved in various aspects of its operations, from exploration and extraction to production and distribution. This large workforce contributes significantly to the local and national economy.

### Ownership and Affiliations
Surgutneftegas is owned by the Government of Russia and operated by entities like the National Media Group. The company's affiliations with key government and media entities highlight its strategic importance in Russia's energy and economic landscape. These relationships also facilitate the company's operations and expansion efforts.

### Identifiers and Digital Presence
Surgutneftegas is identified by various codes and identifiers, including:
- ISIN: US8688611057
- LEI: 2138002GZLU65FRAC894
- Wikidata ID: Q2632892
- Freebase ID: /m/0281v5x
- Google Knowledge Graph ID: /g/121jnq1m
- BabelNet ID: 00014137n

These identifiers ensure the company's recognition and tracking across global financial and digital platforms.

### Related Entities and Connections
Surgutneftegas is connected to various entities and concepts, including:
- **Public Company**: As a public company, Surgutneftegas offers its securities to the general public, distinguishing it from private companies.
- **Business**: The company is classified as a business entity engaged in commercial and industrial activities.
- **Enterprise**: Surgutneftegas operates as an organizational unit with autonomy in decision-making, particularly in resource allocation.
- **Moscow Exchange and London Stock Exchange**: These stock exchanges facilitate the trading of Surgutneftegas's securities, providing liquidity and investment opportunities.
- **Extraction of Petroleum and Petroleum Industry**: The company's core operations are centered around these activities, contributing to its role in the energy sector.
- **Petroleum and Natural Gas**: These are the primary products dealt with by Surgutneftegas, essential to its business model.
- **Vladimir Bogdanov**: The director of Surgutneftegas, playing a crucial role in the company's leadership and strategic direction.
- **Government of Russia**: The owner of Surgutneftegas, highlighting the company's strategic importance to the national economy.
- **National Media Group**: An operator of Surgutneftegas, involved in the company's management and operations.

### Geographic and Operational Context
Surgutneftegas is headquartered in Surgut, a city in Russia known for its significant role in the country's oil and gas industry. The company's operations are primarily focused on the extraction and production of petroleum and natural gas, contributing to Russia's position as a major global energy supplier. The company's strategic location and operations are integral to its success and influence in the energy sector.

### Regulatory and Compliance Framework
As a public company, Surgutneftegas adheres to strict regulatory and compliance standards. These standards ensure transparency and accountability in the company's operations, providing investors and stakeholders with confidence in its financial and operational integrity. The company's compliance with these standards is crucial to its continued success and growth.

### Future Outlook and Strategic Initiatives
Surgutneftegas continues to focus on expanding its operations and enhancing its market presence. The company's strategic initiatives include exploring new extraction sites, investing in advanced technologies, and expanding its production capabilities. These initiatives are aimed at maintaining the company's position as a key player in the global energy market and contributing to Russia's energy security and economic growth.

## References

1. Virtual International Authority File
2. Freebase Data Dumps. 2013
3. [Source](https://www.forbes.ru/biznes/440795-200-krupnejsih-castnyh-kompanij-rossii-2021)
4. Global LEI Index
5. [OJSC «Surgutneftegas» - Annual consolidated financial statements](http://www.surgutneftegas.ru/en/investors/reports/5_5/)
6. [Рейтинг крупнейших компаний России по объему реализации продукции. Expert RA](https://raexpert.ru/rankingtable/top_companies/2018/main)
7. [Рейтинг крупнейших компаний России по объему реализации продукции. Expert RA](https://raexpert.ru/rankingtable/expert200/1995/main/)
8. Name Suggestion Index