Published by Global Banking & Finance Review®
Posted on February 14, 2025
1 min readLast updated: January 26, 2026
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Gazprom Neft's 2024 net profit fell by 25.2% to $5.2 billion, while revenue increased by 16.5%. Adjusted EBITDA rose by 5.8%.
MOSCOW (Reuters) - Gazprom Neft, the oil arm of Russian energy giant Gazprom, announced on Friday that its net profit for 2024 was 479.5 billion roubles ($5.22 billion), a decrease of 25.2% year-on-year.
The company reported that its revenue reached 4.1 trillion roubles, a 16.5% increase compared to 2023.
Adjusted EBITDA rose by 5.8% to 1.4 trillion roubles.
($1 = 91.8705 roubles)
(Reporting by Olesya Astakhova; Writing by Maxim Rodionov;Editing by Elaine Hardcastle)
The article discusses Gazprom Neft's financial performance in 2024, highlighting a decrease in net profit and an increase in revenue.
Gazprom Neft reported a 25.2% decrease in net profit to $5.2 billion, with a 16.5% increase in revenue.
Adjusted EBITDA for Gazprom Neft rose by 5.8% to 1.4 trillion roubles in 2024.
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