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SGTPY - Interesting Play On The Current USD/RUB Rate
Surgutneftegas PJSC ADR Repstg Pfd Shs
Despite the new OPEC arrangements, the price of oil (Brent) has not fallen below $75 per barrel since early July. Almost all oil companies are growing well since the beginning of 2018 at high oil prices. But the company, Surgutneftegaz (TCPK:SGTPY), which we'll talk about today, practically did not show a significant increase in market capitalization. An interesting fact is that the company has huge dollar investments, which at the current rate of USD/RUB can be a driver for growth. Surgutneftegaz is a very unusual company, but it definitely deserves your attention in