Russia's Gazprom Neft says 2024 net profit down 25% to $5.2 billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 14 2025
0mins
Source: Reuters
Financial Performance: Gazprom Neft reported a net profit of 479.5 billion roubles ($5.22 billion) for 2024, marking a 25.2% decrease from the previous year, despite revenue increasing by 16.5% to 4.1 trillion roubles.
EBITDA Growth: The company's adjusted EBITDA rose by 5.8%, reaching 1.4 trillion roubles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
