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MarketScreener Homepage  >  Equities  >  Xetra  >  BASF SE    BAS   DE000BASF111

BASF SE

(BAS)
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Wintershall Dea CEO rejects U.S. sanctions bid on Nord Stream 2

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08/19/2020 | 05:17am EDT

Wintershall Dea , one of five western partners in the Nord Stream 2 gas pipeline project led by Russia's Gazprom, rejects sanctions planned by the United States to discourage its completion, chief executive Mario Mehren said on Wednesday.

"We firmly believe that Nord Stream 2 will be completed and loans will be repaid as it is a project that is needed by Europe," he said in a phone call with Reuters after presenting half-year results.

"We have seen that the project has been brought into a broader geopolitical framework that is threatening a number of industries and parties involved. We reject these as does the German government and the European Commission and a number of European countries," he added.

(Reporting by Vera Eckert; editing by Thomas Seythal)


Stocks mentioned in the article
ChangeLast1st jan.
BASF SE -1.57% 52.1 Delayed Quote.-21.41%
ENGIE -2.57% 11.385 Real-time Quote.-18.85%
GAZPROM 1.51% 166.39 End-of-day quote.-35.11%
GAZPROM NEFT 1.30% 277.05 End-of-day quote.-34.06%
UNIPER SE -0.97% 26.58 Delayed Quote.-9.05%
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Financials
Sales 2020 56 774 M 67 403 M 67 403 M
Net income 2020 -1 508 M -1 790 M -1 790 M
Net Debt 2020 15 389 M 18 270 M 18 270 M
P/E ratio 2020 -32,3x
Yield 2020 5,65%
Capitalization 48 615 M 57 505 M 57 716 M
EV / Sales 2020 1,13x
EV / Sales 2021 1,08x
Nbr of Employees 117 563
Free-Float 100%
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Technical analysis trends BASF SE
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 56,83 €
Last Close Price 52,93 €
Spread / Highest target 28,5%
Spread / Average Target 7,37%
Spread / Lowest Target -34,1%
EPS Revisions
Managers
NameTitle
Martin Brudermüller Chairman-Executive Board & CTO
Kurt Wilhelm Bock Chairman-Supervisory Board
Hans-Ulrich Engel CFO & Vice Chairman-Executive Board
Franz Fehrenbach Independent Member-Supervisory Board
Denise Schellemans Independent Member-Supervisory Board
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