* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 60,169 · FY2023 0 · FY2024 0 — 3-yr total 60,169
Georgian Oil and Gas Corporation (GOGC) is the 100% state-owned National Oil Company, managed by the Ministry of Economy. Three core lines: natural-gas transit (operator of the South Caucasus Pipeline and the North-South Main Gas Pipeline), oil & gas exploration / production on PSA acreage, and power generation via the Gardabani I and II thermal plants.
Group parent — controls 5 companies · ownership
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 789,893 | 542,806 | 490,083 | 441,595 | 538,105 | 978,207 | 787,912 | 944,064 | +2.6% | |
| 869,949 | 1,146,664 | 1,392,244 | 1,402,603 | 1,362,599 | 1,285,476 | 1,251,751 | 1,242,496 | +5.2% | |
| TOTAL ASSETS | 1,659,842 | 1,689,470 | 1,882,327 | 1,844,198 | 1,900,704 | 2,263,683 | 2,039,663 | 2,186,560 | +4.0% |
| 107,886 | 46,540 | 120,698 | 936,933 | 855,656 | 1,127,881 | 777,660 | 867,172 | +34.7% | |
| 639,446 | 658,134 | 709,743 | 0 | 0 | 57,454 | 126,831 | 0 | -23.6% | |
| TOTAL LIABILITIES | 747,332 | 704,674 | 830,441 | 936,933 | 855,656 | 1,185,335 | 904,491 | 867,172 | +2.1% |
| 912,510 | 984,796 | 1,051,886 | 907,265 | 1,045,048 | 1,078,348 | 1,135,172 | 1,319,388 | +5.4% | |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt analysis | |||||||||
| Total Debt | 715,900 | 671,620 | 722,024 | 828,152 | 711,003 | 854,325 | 739,964 | 571,681 | -3.2% |
| Cash & Equivalents | 498,960 | 348,595 | 135,815 | 74,034 | 56,280 | 386,170 | 376,975 | 348,233 | -5.0% |
| Net Debt | 216,940 | 323,025 | 586,209 | 754,118 | 654,723 | 468,155 | 362,989 | 223,448 | +0.4% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →