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Investment Attractiveness of Russian Oil and Gas Companies Under Economic Digitalization

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Economic Systems in the New Era: Stable Systems in an Unstable World (IES 2020)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 160))

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Abstract

The authors of the study consider the key factors affecting investment attractiveness of subsoil use companies and calculate the true and potential value of shares of Russian oil and gas companies. The determination of investment attractiveness requires the integrated use of both technical and fundamental analysis. It is a combination of two types of analysis that made it possible to trace the dynamics of companies and the growth in the market value of their shares. When forecasting the value of PJSC Rosneft Oil Company and PJSC LUKOIL Oil Company for the period up to 2023, the methods of discounting cash flow, the method of comparison with peers, and the calculation of the value of the company using the method of the fair price corridor were used. The study revealed that both companies are attractive for investment, especially the shares of PJSC LUKOIL Oil Company.

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Authors and Affiliations

  1. Samara State University of Economics, Samara, Russia

    O. Y. Kuzmina & M. E. Konovalova

Authors
  1. O. Y. Kuzmina
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  2. M. E. Konovalova
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Corresponding author

Correspondence to O. Y. Kuzmina .

Editor information

Editors and Affiliations

  1. Applied Management Department, Samara State University of Economics, Samara, Russia

    Svetlana Igorevna Ashmarina

  2. Institute of Technology and Business, České Budějovice, Czech Republic

    Jakub Horák

  3. Institute of Technology and Business, České Budějovice, Czech Republic

    Jaromír Vrbka

  4. ČEZ Group, Institute of Technology and Business, Praha 4, Czech Republic

    Petr Šuleř

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Kuzmina, O.Y., Konovalova, M.E. (2021). Investment Attractiveness of Russian Oil and Gas Companies Under Economic Digitalization. In: Ashmarina, S.I., Horák, J., Vrbka, J., Šuleř, P. (eds) Economic Systems in the New Era: Stable Systems in an Unstable World. IES 2020. Lecture Notes in Networks and Systems, vol 160. Springer, Cham. https://doi.org/10.1007/978-3-030-60929-0_79

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  • DOI: https://doi.org/10.1007/978-3-030-60929-0_79

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-60928-3

  • Online ISBN: 978-3-030-60929-0

  • eBook Packages: EngineeringEngineering (R0)

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