OGZPY News and Press, PJSC Gazprom ADR From 08/25/21

Thanks to the dividend policy approved in 2019, Gazprom will pay hefty dividends (13-16% of the current price) starting from 2022. Gazprom's cash flow secures dividends; it used to pay less due to the low payout ratio (about 25% against the current 50% of net profit). The company ...

Shell stock failed to rally on the back of rising oil prices. The green transition is causing investors to use any uptick in the stock as an opportunity to sell. While Shell's green transition is a reason to be pessimistic in regards to its long-term prospects, in the shorter term its...

This year is going to be much, much better for Gazprom than 2020. Gazprom is finally on track to start paying both attractive and sustainable dividends. For value investors, this is probably one of the last opportunities to buy Gazprom at a somewhat decent price. For further...

With the multiple pipeline sagas that dominated the news about Gazprom in the past half-decade now nearing resolution and completion, a new perceived threat is emerging to demand, namely environmentalism. The EU climate plan, meant to reduce emissions by 31% from current levels is per...

As at end June, I am +13.8% for the year, roughly matching the FTSE AS at c.12%. It has been far more volatile than is usual. Pre-Fed comments on tightening sooner than the market expected, I was up closer to 20%. The portfolio is 3% geared at present. I am open to increasing gearing ...

The U.S. and Germany are expected to announce a deal in the coming days to resolve their dispute over Russia's Nord Stream 2 natural gas pipeline, Reuters reports.President Biden and German Chancellor Merkel failed to settle their differences over the pipeline when they met last week, but the...

Axel Schmidt/Getty Images News Construction of the Nord Stream 2 gas pipeline from Russia to Germany should be completed by the end of August and the link operational this year, with 98% of the pipeline now finished, CEO Matthias Warnig says.One 27.5B cm/year string has been completed with th...

The portfolio rose another 7.4% in the second quarter after it gained 62.94% in the first quarter 2021. Hence, the total return for the first half is 75.1%. The portfolio outperformed the German DAX (+12.9 %) as well as the MSCI World Index which gained 12.4% from January till the end...

The Biden administration could face pressure to block the Nord Stream 2 pipeline after a House of Representatives panel this week passed an amendment that would repeal the State Department's ability to waive sanctions on the project.The sanctions are "mandatory not discretionary," one represe...

Analysts and media personalities trying to figure out what outcome if any came from the summit or why it happened so fast into the Biden presidency are ignoring economic factors. Many factors may have played a role in making the summit happen, but stagnating US shale production return...