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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.
05/28/2003 11:59
Dmitry Lukashov
* Short overviews of equity research reports and sector reports are posted on the website http://www.finamrus.com with a 1-day delay after their full versions are emailed to the company’s clients. To get overviews on the day of their release, please contact your manager at Finam to sign up for full versions of research reports.
Sector: O&G
Company: Gazprom
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0.616
