PESTLE, PORTER and SWOT analysis of LUKOIL
Alina Belkina
1. Short overview of LUKOIL
Industry
Oil and gas
Founded
1991
Headquarters
Moscow, Russia
CEO
Vagit Alekperov
Products
Petroleum, Natural gas, Petrochemicals
Revenue
Increase US$ 139.2 billion (2012)
Net income
Increase US$ 11. billion (2012)
Employees
150,000
LUKOIL, a vertically integrated oil company, and carries out exploration, acquisition, integration and subsequent efficient development of oil and gas fields outside the Russian Federation to facilitate the transformation of LUKOIL into a transnational energy corporation.
LUKOIL operates in 25 countries (the most major of them are Russia, Azerbaijan, USA, Georgia, Turkey and Czech Republic). Net income in 2013 is $3.105 billion. Basic earnings per share – $4.11. The Company’s 2012 net income rose by 6.2% and reached record $11,004 billion. EBITDA (earnings before interest, taxation, depreciation and amortization) rose by 1.7% and reached $18,915 billion. Sales revenues were $139,171 billion (+4.1% y-o-y). In 2013 Forbes estimated LUKOIL as #43 in Sales, #34 in Profit, #254 in Assets, #139 in Market value.
According to these data we can assume, that LUKOIL is successful Russian company with a lot of strengths, like good prospects regarding financial indicators. And fortunately, it doesn´t need any financing. Usually, the company invests in different projects regarding environmental protection and employee´s support.
2. Mission and Vision
Mission:
“The Company’s mission consists in increasing shareholder value through the exploration and production of hydrocarbons outside Russia.”
My vision of the situation is that company wants to be a reliable supplier of hydrocarbons on the international market. Moreover, Lukoil has a purpose to support economic growth and social stability in long-term prospects. Thus, it has some main aims such as to achieve reputation of a reliable and dependable hydrocarbon supplier in the world; to deliver high-quality petroleum products to
1. Short overview of LUKOIL
Industry
Oil and gas
Founded
1991
Headquarters
Moscow, Russia
CEO
Vagit Alekperov
Products
Petroleum, Natural gas, Petrochemicals
Revenue
Increase US$ 139.2 billion (2012)
Net income
Increase US$ 11. billion (2012)
Employees
150,000
LUKOIL, a vertically integrated oil company, and carries out exploration, acquisition, integration and subsequent efficient development of oil and gas fields outside the Russian Federation to facilitate the transformation of LUKOIL into a transnational energy corporation.
LUKOIL operates in 25 countries (the most major of them are Russia, Azerbaijan, USA, Georgia, Turkey and Czech Republic). Net income in 2013 is $3.105 billion. Basic earnings per share – $4.11. The Company’s 2012 net income rose by 6.2% and reached record $11,004 billion. EBITDA (earnings before interest, taxation, depreciation and amortization) rose by 1.7% and reached $18,915 billion. Sales revenues were $139,171 billion (+4.1% y-o-y). In 2013 Forbes estimated LUKOIL as #43 in Sales, #34 in Profit, #254 in Assets, #139 in Market value.
According to these data we can assume, that LUKOIL is successful Russian company with a lot of strengths, like good prospects regarding financial indicators. And fortunately, it doesn´t need any financing. Usually, the company invests in different projects regarding environmental protection and employee´s support.
2. Mission and Vision
Mission:
“The Company’s mission consists in increasing shareholder value through the exploration and production of hydrocarbons outside Russia.”
My vision of the situation is that company wants to be a reliable supplier of hydrocarbons on the international market. Moreover, Lukoil has a purpose to support economic growth and social stability in long-term prospects. Thus, it has some main aims such as to achieve reputation of a reliable and dependable hydrocarbon supplier in the world; to deliver high-quality petroleum products to