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OGZPY News and Press, PJSC Gazprom ADR From 02/24/22

Stock Information

Company Name: PJSC Gazprom ADR
Stock Symbol: OGZPY
Market: OTC
Website: gazprom.com

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OGZPY - European gas update - prices rise 30% as Russian invasion proceeds

European natural gas prices are up ~30% this morning, as commodity markets focus on Russia's invasion of Ukraine. Revisiting the balance details, latest announcements and commentary from leaders, points towards near-term risk to the continent's gas supplies. Russia is the world's largest prod...

OGZPY - Russian Stocks: What's Going on With SBRCY, YNDX, OGZPY, NOVKY and LUKOY Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Russian stocks are on the move today with several shares taking a massive beating Wednesday. So what exactly is happening to these stocks? Let’s get right into it! Source: Shutterstock If you’ve been k...

OGZPY - Russian stocks and ETFs sink in response to sanctions

Russian stocks and ETFs continued to sell off on Wednesday as the United States and its European allies have imposed sanctions on the country after Vladimir Putin dispatched Russian troops to act as "peacekeepers" in eastern Ukraine's Donetsk and Luhansk regions. In a direct reaction to the s...

OGZPY - Stagflation Trap Is Here And There Is No Way Out

A combination of loose monetary policy and emerging scarcities of goods and services throughout the global economy are causing a sustained inflationary environment. The supposed solution, namely to tighten monetary policy might have a counterproductive effect of triggering more inflat...

OGZPY - Hot Stocks: Russia stocks fall; TPX disappoints; KMX, CVNA hit lows; MTOR, HMHC rally on M&A deals

The growing clash between Russia and Ukraine put pressure on stocks on Tuesday. A late-day recovery allowed the major averages to trim their losses, but the Dow, Nasdaq and S&P 500 all finished lower by more than 1%. With Russia acting as the prime mover on the session, stocks tied to the...

OGZPY - Russia And Ukraine: What It Means (And Doesn't) For Your Portfolio

Tensions are increasing between Russia and Ukraine as the pullback deepens for stocks. Ultimately stock prices are a function of earnings and valuations (P/E multiples). If similar conflicts in the past are any guide, the effects on the profits of US companies is likely to be smal...

OGZPY - Medvedev -- 'Welcome to the brave new world where Europeans pay Euro2,000 for gas'

Following actions by German Chancellor Olaf Scholz to halt the approval process for Nord Stream 2, former Russian President and current Deputy Chair of the Security Council Dmitry Medvedev had this to say:  Nord Stream 2 recently reached mechanical completion, but has yet to begin flowin...

OGZPY - Russia-Ukraine Tensions Offer Unique Buying Opportunity For Investors

I believe military action is unlikely, seeing as Russia stands to lose a lot even if it were to stage a “successful” invasion. Tensions have created what I believe is an attractive entry point for Russian stocks, which were gaining nicely before Russian troops were posit...

OGZPY - Ukraine Bets On Defense Sector As Russia Escalates

Putin’s attack on Ukraine would rattle Europe and send stock markets into a tailspin. Ukraine prepares to repel Russian tanks with sophisticated weapons from Raytheon, Lockheed Martin, Thales. In the event of attack, owning Russian stocks by investors may feel like being on...

OGZPY - Gazprom announces a large gas supply deal with China

Earlier Friday, Gazprom (OTCPK:OGZPY) announced a new long-term supply deal with China's State-owned CNPC (NYSE:SNP). The deal will provide 48 billion cubic meters (bcm) per year of gas to China, with 10bcm flowing through Far East pipeline and the remaining 38bcm flowing through the Power of...

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