Comment on TATN´s Latest Events, Forecast on Growth and Risk 8/14/09


Contents:
- NEW PROFITABLE PROJECT FOR TATNEFT;

- NET PROFIT UNDER RAS INCREASED BY 15% IN H1 2009;
- GOOD OPERATIONAL RESULTS IN TERMS OF CRISIS;
- THE SHARE PRICE WILL BE UNSTABLE IN MID-TERM;
- OPEC EXPECTS ENERGY USE TO INCREASE IN LONG-TERM, BUT THE SHARE OF OIL IS LIKELY TO DECREASE;
- OIL PRICE IS EXPECTED TO BE UNSTABLE IN MID-TERM.

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Tatneft
OAO Tatneft engages in the exploration, development, and production of crude oil principally in the Republic of Tatarstan, the Russian Federation. The company also engages in refining and selling crude oil and refined products in domestic and international markets. As of December 31, 2007, it had total proved reserves of approximately 862 million tons of crude oil. In addition, Tatneft produces and markets petrochemicals; manufactures tires; and owns an ice hockey arena in the city of Kazan. The company was founded in 1950 and is headquartered in Almetyevsk, the Russian Federation.

FINANCIAL RESULTS UNDER GAAP

Latest Research Reports
Latest News
Tatneft`s (TATN) Net Profit Grew To 12630 Million Rubles In Q1 2010
The Company’s consolidated revenues in the first quarter of 2010 were 105152 million Rubles
BBA: In 2010 And After, The Financial Results Of Tatneft (TATN) Are Expected To Be Significantly Up
The Company’s consolidated revenues in 2009 were 12000 million USD
Significant Drop In Revenues Of Tatneft During 9m 2009
Companys consolidated revenues in the nine months of 2009 totaled 273683 million Rubles (US$ 8426 million)
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