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MarketScreener Homepage  >  Equities  >  Moscow Micex - RTS  >  Gazprom    GAZP   RU0007661625

GAZPROM

(GAZP)
  Report
End-of-day quote. End-of-day quote Moscow Micex - RTS - 01/22
214.84 RUB   -1.58%
10:37aNew German CDU leader sticks to support for Nord Stream 2
RE
03:54aGAZPROM : and Hungary expanding cooperation in gas sector
PU
01/22GAZPROM : and LUKOIL discuss ongoing efforts to create joint venture
PU
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Russia's Nord Stream 2 to resume pipe-laying work this year

11/28/2020 | 12:46pm EST

MOSCOW, Nov 28 (Reuters) - Russia's Nord Stream 2 said on Saturday it planned to resume pipe-laying work on a 2.6 kilometre (1.62 mile) stretch of the stalled Moscow-backed gas pipeline to Europe in Germany's Exclusive Economic Zone.

The 1,230 km pipeline under the Baltic Sea, which Moscow hopes will boost the amount of gas it can pump to Europe bypassing Ukraine, is nearly finished but a final stretch of about 120 km still needs to be laid.

Work was halted last December when pipe-laying company Swiss-Dutch Allseas suspended operations after U.S. sanctions targeted companies providing vessels to lay the pipes.

The pipeline, which Washington says compromises European energy security, has become a flashpoint in relations between Russia and the West that have sunk to post-Cold War lows.

Nord Stream 2 will name the pipe-laying vessel it plans to use at a later date, it said in a statement Saturday. It did not say when the work would be finished or how the other remaining sections of the pipeline would be laid.

The resumption of activity comes after outgoing U.S. President Donald Trump, whose administration has staunchly opposed the pipeline, lost to president-elect Joe Biden in the Nov. 3 election.

Nord Stream 2 is led by Russian gas giant Gazprom, with half of the funding provided by Germany's Uniper, BASF's Wintershall, Anglo-Dutch oil major Shell , Austria's OMV and Engie. (Reporting by Vladimir Soldatkin; Writing by Tom Balmforth; Editing by Christina Fincher)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ELECTRICITÉ DE FRANCE -15.62% 10.45 Real-time Quote.-3.96%
ENGIE -1.41% 12.93 Real-time Quote.4.75%
GAZPROM -1.58% 214.84 End-of-day quote.1.01%
GAZPROM NEFT -2.65% 323.5 End-of-day quote.2.07%
LONDON BRENT OIL 0.87% 55.82 Delayed Quote.8.61%
UNIPER SE -0.40% 29.78 Delayed Quote.5.88%
WTI 0.88% 52.755 Delayed Quote.10.00%
All news about GAZPROM
10:37aNew German CDU leader sticks to support for Nord Stream 2
RE
03:54aGAZPROM : and Hungary expanding cooperation in gas sector
PU
01/22GAZPROM : and LUKOIL discuss ongoing efforts to create joint venture
PU
01/22European Parliament Votes In Favor of Stopping Construction Of Russian Gas Pi..
MT
01/21EU lawmakers call for halt to Nord Stream 2 after Navalny arrest
RE
01/21GAZPROM : Germany's Merkel to discuss Russia pipeline project with US
AQ
01/19Zurich Insurance Confirms Exit From Nord Stream 2 Project
MT
01/19Zurich Insurance Withdraws From Nord Stream 2 Project Amid Sanctions Concern
DJ
01/19U.S. imposes sanctions on Russian vessel involved with Nord Stream 2 pipeline
RE
01/19RUSSIA : gas pipeline to Germany at risk after US sanctions
AQ
More news
Financials (USD)
Sales 2020 83 880 M - -
Net income 2020 2 652 M - -
Net Debt 2020 51 795 M - -
P/E ratio 2020 200x
Yield 2020 4,69%
Capitalization 68 340 M 67 839 M -
EV / Sales 2020 1,43x
EV / Sales 2021 1,25x
Nbr of Employees 473 800
Free-Float 50,5%
Chart GAZPROM
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Technical analysis trends GAZPROM
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Average target price 3,37 $
Last Close Price 2,86 $
Spread / Highest target 44,3%
Spread / Average Target 17,7%
Spread / Lowest Target -5,59%
EPS Revisions
Managers and Directors
NameTitle
Alexei Borisovich Miller Deputy Chairman & Chairman-Management Board
Viktor Alexeevich Zubkov Chairman
Timur Askarovich Kulibayev Independent Director
Vladimir Alexandrovich Mau Director
Andrey Igorevich Akimov Director
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