Gazprom Neft (GZPFY) has slightly beaten analysts' expectations with its Q4 and full-year results. Nonetheless, oil companies are struggling in the midst of the market mayhem, and Gazprom Neft is no exception here. My hopes for an upcoming increase of the stock's free-float through the sale of Gazprom's dominant stake in the company have been dashed, though higher free-float remains one of the key long-term drivers of the stock.
As OPEC+ has failed to agree on additional production cuts, the situation in the market will be about the survival of the fittest. For