Public Joint Stock Company Gazprom is a large Russian company founded in 1989, which carries on the business of extraction, production, transport, and sale of natural gas. The company is majority owned by the Government of Russia, via the Federal Agency for State Property Management and Rosneftegaz.
Did you know - Gazprom is the largest company of Russia by revenue ($112.2 billion USD)
This is a very interesting overview, but I think Simply Wall.stās analysis does not take potential political instability into consideration. There is always a likelihood of further sanctions on the Russian energy sector, and you also cannot fully discount the risk of complete nationalisation should Russian economy be desperate for it.
This is like saying that Apple might be bankrupt tomorrow.
Also, I am not forcing anyone to invest. I just mentioned the reasons why I would like it added to the FT. I already have it via another platform but would like to invest via FT ISA instead.
Of course I did not imply that, merely suggested that the risk is higher than in Appleās case. By simply looking at the Yukos example, it is theoretically possible to happen with any other Russian company. This is why Gazpromās fundamentals are so good - they do not factor the risk of political instability. I thought it is worth to mention for others to take into consideration
Hello FreeTrade Team. Now that we have the āInvest by Freetradeā platform rolled out and itās much easier to add many many US and UK stocks, could we please add this one? Itās listed in the UK under OGZD (in the LSEās International Orders Book) and in the US under the OGZPY ticker. I have these shares in my other broker but would like to close down the account with them and have all my shares here in FT.
Thanks.