Gazprom

Equity research notes on the company

06/03/2008  Consolidation of the gas distribution industry: the rules are changing 
Research note also related to: O&G

05/12/2008  Gas distribution industry consolidation: Hedging opportunities 
Research note also related to: O&G

01/24/2007  MosEnergo: cornerstone of Gazprom's energy empire 
Research note also related to: Heat Generation, O&G, Power Utilities, Mosenergo

08/09/2006  Gazprom – Beyond Competition! 
Research note also related to: O&G

02/25/2005  Our take on Gazprom’s 3Q and 9M 2004 results 
Research note also related to: O&G

12/21/2004  Gas from the Pestsovo field to the nation 
Research note also related to: O&G

11/25/2004  Gazprom’s 1H 2004 financials fell short of our expectations 
Research note also related to: O&G

02/19/2004  We are upgrading our year-end 2004 target price on Gazprom to $2.43 in view of the gas monopoly’s robust upside potential. 
Research note also related to: O&G

05/28/2003  We estimate the value of Gazprom to be $65 billion. The value of the company’s midstream segment is equal to $35 billion, in our estimation. While devoting an inordinately small amount of attention to all segments of Gazprom’s business except for gas transportation, we believe that near-term changes in stock value will be associated precisely with the market’s reassessment of the company’s business concept. 
Research note also related to: O&G