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home / news releases / SGTZY - Surgutneftegas: When It All Mixed Up


SGTZY - Surgutneftegas: When It All Mixed Up

It grew by 9% and nobody knew why. Then it grew by another 8% and 7% and no one still has the slightest idea why this happens. Right, you guessed well, I'm talking about Surgutneftegas (OTCPK:SGTPY, OTCPK:SGTZY). The dark horse of the Russian stock market continues to surprise investors with sudden price movements. However, in the absence of any reliable facts explaining this growth, I expect the rally to end pretty quickly. My fundamental view of the company hasn't changed since my last article and I think this is a great case

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Stock Information

Company Name: Surgutneftegas PJSC ADR
Stock Symbol: SGTZY
Market: OTC

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