Tatneft ADR (OAOFY)

Tatneft ADR (OAOFY) is a depositary receipt representing common stock of PJSC Tatneft, a Russian energy company listed on OTC Markets. Through its subsidiaries, the issuer is involved in crude oil exploration, development, and production in Russia and other markets. Its operations are organized across exploration and production, refining and marketing, tires, financial services, and corporate and other sales. PJSC Tatneft also has interests in oil and gas fields in Tatarstan and participates in the refining, purchase, sale, and marketing of crude oil and refined products. Beyond its core energy activities, the group produces and sells tires, supplies oilfield equipment and related petrochemical materials and services, and provides financial services. The company was incorporated in 1994 and is based in Almetyevsk, Russia.

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