- Unlike Gazprom and Rosneft, Lukoil is a non-state owned energy company and the largest at that.
- With a P/E below 1 and a dividend yield north of 100%, there is tremendous upside potential, as well as the possibility of going to zero.
- While initially exempt, over the course of several days, all of the major US brokers eventually banned the buying of Lukoil, too.
- This created a trader’s nightmare; suddenly only selling was allowed, not buying.
- Counterintuitively, ostracizing Lukoil right now may not be the best for Ukraine.
For further details see:
How Not To Trade Lukoil And Russian Stocks