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Gazprom Neft PJSC (MIC:SIBN) Net Income : ₽140,076 Mil (TTM As of Jun. 2023)


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What is Gazprom Neft PJSC Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Gazprom Neft PJSC's Net Income for the three months ended in Jun. 2023 was ₽140,076 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was ₽140,076 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Gazprom Neft PJSC's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was ₽29.69.


Gazprom Neft PJSC Net Income Historical Data

The historical data trend for Gazprom Neft PJSC's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gazprom Neft PJSC Net Income Chart

Gazprom Neft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 253,274.00 376,667.00 400,201.00 117,699.00 503,445.00

Gazprom Neft PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133,078.00 139,734.00 146,477.00 243,791.00 140,076.00

Gazprom Neft PJSC Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Gazprom Neft PJSC's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=632967+-113604+0+-15918
=503,445

Gazprom Neft PJSC's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=171874+-30433+0+-1365
=140,076

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽140,076 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gazprom Neft PJSC  (MIC:SIBN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Gazprom Neft PJSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Gazprom Neft PJSC Net Income Related Terms

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Gazprom Neft PJSC (MIC:SIBN) Business Description

Traded in Other Exchanges
N/A
Address
3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.