"Oil Resource" Reports Double Revenue Growth: 2025 First Half Results Published According to Russian Accounting Standards

The company has released its financial statements for the first six months of 2025 under Russian Accounting Standards (RAS). "Oil Resource" saw its revenue surge from 10.83 billion to 19.96 billion rubles, while net profits rose dramatically from 46.9 million to 935.3 million rubles compared to the first half of 2024. Gross profit climbed from 0.44 billion to 2.3 billion rubles.



The volumes of oil and petroleum product shipments to the company’s partners nearly doubled, increasing from 216,000 to 390,000 tons. The company is actively expanding its business and scaling up its supply operations. Notably, in March 2025, "Oil Resource" acquired two oil transshipment terminals located in the Khanty-Mansi Autonomous Okrug and the Orenburg Region. Consequently, total assets grew significantly from 3.54 billion to 7.06 billion rubles, with non-current assets standing at 2.23 billion rubles. Current assets have risen by 71% to 4.83 billion rubles, while equity and reserves increased by 184% to 2.12 billion rubles.


Furthermore, "Oil Resource" is developing its own oil service and extraction technologies, planning to enter the market for hard-to-recover oil reserves (HCV) with a promising new extraction technology.


In July, the National Rating Agency (NRA) upgraded the credit rating of LLC "Oil Resource" to "BВB-|ru|" on the national rating scale for the Russian Federation with a stable outlook. This upgrade is attributed to an increase in permanent capital levels, improved asset profitability, and an enhanced assessment of the maturity of the risk management system.


The high profit margins and revenue growth enable the company to utilize debt instruments and attract investor funding for further development. In August 2025, the Moscow Exchange began the placement of bonds from series 001P-02 totaling 3 billion rubles, with a maturity period of 5 years.

Other articles