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Public Joint Stock Company Gazprom (OGZD.L)

YHD - YHD Delayed Price. Currency in USD
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  • Y
    Year_2020
    Russian ruble one of the most undervalued currency.

    The Russian ruble, according to the Big Mac index, is undervalued by 59.9%. Thus, it is one of the most undervalued currencies in the world (only the Lebanese pound is ahead with 70.2%). The research results were published by The Economist magazine.

    The Big Mac Index was first compiled in 1986. The Big Mac comes in the form of a versatile product that can be bought in most countries. It is understood that it should cost the same everywhere.

    As specified, in the United States a Big Mac costs $ 5.65 (about 420 rubles), and in Russia – $ 2.27 (169 rubles). The fair exchange rate for the ruble should be RUB 29.91. per dollar, the material says.

    In January, The Economist also recognized the Russian ruble as the most undervalued currency in the world. Then the magazine calculated that the dollar should cost about 24 rubles, while in reality the rate is more than 74 rubles.
  • P
    Petar
    "MOSCOW, July 22. /TASS/. Gazprom CEO Alexey Miller does not rule out the possibility of increasing the volume of gas transit through the territory of Ukraine above its current obligations after the expiration of the contract for pumping gas in 2024. But this issue should be resolved by market conditions and at the market prices, Miller told reporters. "

    So as I see this situation going on is that Gazprom has full leverage over the situation. They will fill up both nord streams with gas and then, if Germany/Europe is needed for more gas, will utilize ukraine gas transports for above quantities. But on market prices, not like agreement implemented today. So all win win win for Gazprom, because now it has another leverage and that is gas price via ukraine transport lines. And such prices (via NS 1/2 and via Ukraine) will be a lot beneficial than US LPG or any other gas exporter in the world, making money flowing to Gazprom, having US shut up and from economic perspective, maintaing a peace with gas market in Europe. US ranting but nobody cares, Europe rants too but having secured cheap gas so being quiet also, Ukraine getting US and Germany help along with Gasprom fees, so quiet also, and Gazprom as big winner in years to come. Thoughts?
    Bullish
  • B
    BillB
    I own a substantial number of shares in this company. It is priced like a utility, yet has all kinds of advantages going forward. The dividend is substantial, it is state protected, and the assets are going nowhere but up in price. Why doesn't the market give this company more love? I know it is a Russian company, but........ duh, it is a world class oil and gas producer when demand is increasing and the supply is shrinking. Is the political risk that great? This is a crown jewel--it should be at $40 a share! I'd appreciate any and all constructive thoughts--thanks, and best to all longs!
  • Y
    Year_2020
    US To Issue Invitation To Ukraine's Zelensky To Discuss Nord Stream 2

    U.S. and Germany reach deal on completion of controversial Russian gas pipeline:
    Under Secretary of State for Political Affairs Victoria Nuland told Congress that the two governments would shortly announce details of the pact that is intended to address U.S. and eastern and central European concerns about the impact of the Nord Stream 2 project.
  • S
    Sheung
    Before you continue to YouTube
    youtu.be
  • E
    Easy Pop
    These European floods will probably convince many of the holdouts that climate change is real and happening now. That said, natural gas is the cleanest of the fossil fuels. It may create more demand for the cleanest fossil fuels, it can be hard to know what solution will be embraced as an interim step. Germans are pragmatic, okay, so don't dismiss this is a real concern that goes way beyond the fanatics in the green party. They are learning ways to store energy by moving water or weight to a different location while the green energy is available, then regenerate it. There are bright, bright people that will come up with solutions over time, but we need to take steps to ready ourselves. We had the worst flood two years ago in our towns history, 12 inches of rain came down in two days, it's our 3rd 500 year flood since 1993. We did have floods before this, but never of this severity. We had huge crop losses across the region not just our state now it's incredibly dry. The driest since 1976 my farmer tells me, a very conservative guy in one of the reddest states South Dakota I heard for the first time say the weather is more volatile so we better do what's necessary for future generations, that's really a conservative thing to do. We are going to have to change our farming methods dense corn now pulls so much water from the soil, so quickly, all contributes to greater humidity, they say 7% for every one and a half degree increase in global temperature. That increased humidity is one element that reacts more violently because it holds more moisture to a point, then sort of bursts, and it appears to hover but it's just pouring for hours and hours for a day and half of constant pouring we could see the creeks rising that night I thought we were gonna be all right but it stayed on all night long many area of our town out of the 500 year flood plain were damaged, electricity went out, basement sump pumps stopped and allowed basements with finished living space to fill with water, it happens a lot now. The picture of our little prairie town partially underwater is shocking by that afternoon the water was mostly gone but then one lake, the first one that couldn't hold back the water allowed to go through the 500 year mark or so for a full week of continued flooding we have large areas of our town that should not have any houses at all so our federal government, FEMA perhaps, if buying and tearing them down the lots will never be able to be built on again. New flood maps were drawn not long ago which drastically enlarged earlier 100 and 500 year boundaries. When we had 5 and 6 dollar corn 15 years ago for a stretch of 7 years made farmers so much money and so easily the younger farmers have not yet experienced the down years it was dry for many years in the late twenties early thirties during the great depression.
  • S
    Sheung
    European Leadership Network:
    It’s high time Berlin pulled the plug on Nord Stream 2

    Lol... Really!?!?? 😂😂😂
  • Y
    Year_2020
    Gazprom booked additional capacities for pumping gas through Ukraine for August, 15 million cubic meters per day.

    "Akademik Chersky" will lay a section of 2.6 km in German waters. 34.5 km remaining.
  • S
    Sheung
    Gazprom is now trading at $7.31. Shortly before the dividend it had gotten to $7.90-8.00.

    As it turned out this time again, it would have been better to sell before the dividend, then wait and buy back in lower. At least in theory. In practice, who knows how low it will go and when it will rebound.
  • G
    Geronimo
    Nord Stream 2 to provide European consumers with cheaper gas — Gazprom CEO
    Earlier, it was noted that Nord Stream 2 is important for Europe to achieve climate goals

    MOSCOW, July 22. /TASS/. The Nord Stream 2 gas pipeline will provide European consumers with cheaper gas through a shorter supply route, Gazprom CEO Alexey Miller said on Thursday.

    "Gazprom has always approached Nord Stream 2 as an economic project. Its goal is to ensure the reliability, stability and diversification of gas supplies to the EU market as well as to lower the cost of gas for end consumers due to a shorter transport route — almost 2,000 kilometers less to the territory of Germany than through the gas transportation system of Ukraine," Miller said.

    He added that Nord Stream 2 also guarantees compliance with modern environmental requirements. In particular, carbon dioxide emissions through the gas pipeline are 5.6 times less than those along the transit route through Ukraine due to the smaller number of compressor stations.

    The Nord Stream 2 project contemplates the construction of two pipeline strings with a total capacity of 55 bln cubic meters per year from the coast of Russia through the Baltic Sea to Germany. The work was suspended in December 2019 after the Swiss Allseas abandoned pipe-laying due to possible US sanctions. Since December 2020, the laying of the pipeline has been resumed, now the work is being carried out by two Russian pipelayers — Akademik Chersky and Fortuna.

    Earlier, it was noted that Nord Stream 2 is important for Europe to achieve climate goals. The head of the Austrian OMV Rainer Seele, in particular, stated that gas is a very good solution to reduce CO2 emissions in the short term and recommended that Europe replace coal with gas.
    https://tass.com/economy/1316777
    Earlier, it was noted that Nord Stream 2 is important for Europe to achieve climate goals
    Earlier, it was noted that Nord Stream 2 is important for Europe to achieve climate goals
    tass.com
    Bullish
  • S
    Sheung
    Reuters
    Exclusive-U.S., Germany to announce deal on Nord Stream 2 pipeline in coming days -sources
  • S
    Sheung
    DIVIDEND AND SHARE PRICE

    Gazprom was trading at $7.90 before the dividend. After paying a dividend of about $0.35 it is now trading at $7.70. So, the dividend is reflected in the share price right after the ex-dividend date.

    Considering that the share price decline is $0.20 and the dividend is $0.35, are you richer?

    Or would it have been better to sell the shares at $7.90 before the dividend and buy them right after the ex-dividend date?

    It depends.

    If one is invested for the long-term, I think it is better to just buy and hold, collect the dividends and disregard price fluctuations as long as the business remains sound and the price does not get too overvalued.

    If one is speculating, one thing to consider is taxes. This is especially important if one has a high marginal tax rate. With a 50% mtr, the $0.35 dividend paid out would result in a net dividend of about: $0.155.

    $0.30 * 0.5 = $0.175 this is net of taxes
    less $0.02 ADR fees
    = $0.155

    If one should hypothetically sell all the shares before the ex-dividend date and rebuy them afterwards, capital gains taxes and commissions, plus timing risks, would probably lead to worse results than simply buying and holding.
  • S
    Steve
    Sometimes when evaluating investments, applying a variant perception to the unknown future is helpful. For example, Amazon currently has around a $1.9T market cap, while Gazprom has has a $90B market cap. Gazprom owns 17% of all proven natural gas reserves on the planet, dwarfing any other company on the planet....Imagine for a second that you could theoretically own access 1/5 of all the natural gas on the planet for 5% of the value of Amazon as a company.....all things considered, this valuation may look absurd in coming years. If that happens, do not be surprised if Gazprom becomes the trillion dollar plus company.
  • S
    Steve
    Looks like OGZPY is primed to take out the $8.22 multi-year high from 2019.
  • S
    Sheung
    From what I've heard from reliable sources, it is true that renewables are already competitive in terms of cost. I would guess that actual numbers vary a lot, though. Wind or solar power generation will be different depending on location. And one would also need to look closely at the details because there are functional and scalability limitations. Also, accounting decisions must play a role in the calculation. The depreciation period can significantly affect the cost of production and I recently read that the lifespan is actually shorter than expected. Disposing of the infrastructure is also turning out to be problematic. Rotor blades are not recyclable. Solar panels will also be problematic. These costs might also not have been accounted for and, in any case, they can only be guessed. Who knows what the cost will be in 20 years. This all becomes irrelevant (for a while, at least) if politicians decide so.
    I think demand for energy will grow faster than renewables and that, consequently, natural gas will be around for many decades, which ultimately should be what matters for the purpose of investment.
  • S
    Sheung
    Atlantic Council
    Gazprom's folly: In seeking to deliver Nord Stream 2, it may undermine its own access to EU markets
  • S
    Sheung
    ICIS
    Germany revises 2030 power demand estimate up by 13%
  • S
    Sheung
    Tomorrow, 14/07/21, is ex dividend day.
  • A
    Anthony
    “ Oil production in Russia is on track to reach pre-crisis levels in May of 2022, Russian Deputy Prime Minister Alexander Novak said this past Sunday. The OPEC organization and non-OPEC nations, which have been cutting production to stabilize the market, agreed last weekend to extend the deal until the end of 2022, but five countries, (Russia, Saudi Arabia, the United Arab Emirates, Kuwait, and Iraq), will have a possibility to increase production after May of 2022.”
  • M
    Makishimu
    France24 broadcast a short documentary on Nord Stream 2: https://youtu.be/gDYg38T2dQk
    Bullish