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Based on consensus from external analysts. Not Kvantra's opinion.

PJSC Tatneft, along with its various associated companies, primarily concentrates on the discovery, development, and extraction of crude oil within Russia. Its multifaceted operations are organized into key divisions: Exploration and Production, Refining and Marketing, Petrochemical Products, and Banking. The company possesses significant stakes in oil and gas fields, particularly those located in Tatarstan, Russia. Beyond its core upstream activities, Tatneft is involved in processing and distributing crude oil, engaging in the trade of crude oil and refined products acquired from third parties, and managing retail operations. The firm's extensive portfolio also includes the manufacturing and sale of tires, the production and supply of diverse equipment, and the provision of comprehensive engineering, procurement, and construction (EPC) services for projects in the oil, gas, and petrochemical sectors. Furthermore, it supplies oilfield apparatus and offers ancillary services and materials for petrochemical operations. Banking activities represent another segment of its business. Established in 1950, PJSC Tatneft's corporate headquarters are situated in Almetyevsk, Russia.

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