LUKOY - Gazpromneft: Possible Doubling Of Dividends
Since the moment when I first recommended Gazpromneft (OTCQX:OTCQX:GZPFY) for a purchase, more than six months have passed and the company's shares have increased in value more than 25%. Since the beginning of the year, almost everything has changed for Gazpromneft: oil prices have changed, the USD/RUB exchange rate has changed, the terms of the OPEC+ agreement have changed. The next change for the company should be their payout ratio. In my opinion, in 2019, Gazpromneft could double the DPS as compared to 2018, which should lead to an increase in the price