GZPFY - Gazpromneft: 2018 Might Be Even Better
Gazpromneft (OTCQX:GZPFY) is a subsidiary of Gazprom (OTCPK:OGZPY) which produces and sells oil. The company recently reported a record increase in revenue and profit for 2017, and in the last couple of months, the company's shares show steady growth. Gazpromneft also improved its financial position in 2017, reducing capital expenditures and net debt, and increased the amount of dividends. And there is every reason to believe that 2018 will be no less successful for the company. At the same time, it remains one of the cheapest oil companies in Russia which