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Russia’s Gazprom Announces Record Profits Of $42B In First 6 Months, Stock Skyrockets

Posted on 8/31/22 at 8:54 am
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45292 posts
Posted on 8/31/22 at 8:54 am
quote:

State-owned Gazprom said the day before that it made a record 2.5 trillion rubles ($41.36 billion) in net profit in the first six months of this year “despite sanctions pressure and an unfavorable external environment.” As a result, Gazprom’s board of directors recommended paying 1.2 trillion rubles at 51.03 rubles ($0.85) per ordinary share in interim dividends. Gazprom’s announcement saw its shares rise 30% after the stock market opened Wednesday.

quote:

The company has seen higher profits in recent months — despite the war in Ukraine and Western sanctions — because of soaring energy prices.








The Moscow Times


Posted by Lynxrufus2012
Central Kentucky
Member since Mar 2020
12202 posts
Posted on 8/31/22 at 8:56 am to
Let's Go Brandon. Thank God we shut down US Energy production!
Posted by Houag80
Member since Jul 2019
9194 posts
Posted on 8/31/22 at 8:58 am to
Putin is so thankful for Joe Biden.
Posted by Bunk Moreland
Member since Dec 2010
53436 posts
Posted on 8/31/22 at 8:59 am to
I remember when economic sanctions were going to collapse Russia. Those were good times.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 8/31/22 at 9:01 am to
How is their army doin?
Posted by TS1926
Alabama
Member since Jan 2020
5753 posts
Posted on 8/31/22 at 9:03 am to
quote:

How is their army doin?


LOL…look at this idiot.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45292 posts
Posted on 8/31/22 at 9:04 am to
Kind of a detour from the thread but I think their army is okay.
Posted by Wildcat1996
Lexington, KY
Member since Jul 2020
5997 posts
Posted on 8/31/22 at 9:06 am to
But I read that our sanctions were working. 'Sup with that?
Posted by HeadSlash
TEAM LIVE BADASS - St. GEORGE
Member since Aug 2006
49700 posts
Posted on 8/31/22 at 9:18 am to
quote:

How is their army doin?


It's doing what it's designed to do. Sacrificing lives and wearing down their opponent.
Posted by thebigmuffaletta
Member since Aug 2017
12954 posts
Posted on 8/31/22 at 9:19 am to
sta4ever on suicide watch
Posted by Ag Zwin
Member since Mar 2016
20004 posts
Posted on 8/31/22 at 9:22 am to
This is all because of Trump.

I have no idea how, but I feel it with all my heart.

/s
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73848 posts
Posted on 8/31/22 at 9:34 am to
quote:

Lakeboy7


This shite is so embarrassing for you and the rest of the Z Bros
Posted by Wildcat1996
Lexington, KY
Member since Jul 2020
5997 posts
Posted on 8/31/22 at 9:37 am to
quote:

How is their army doin?


I didn't know Gazprom had a security force.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68318 posts
Posted on 8/31/22 at 9:40 am to
quote:

Putin is so thankful for Joe Biden.


I bet there was collusion between Russia and biden in the election
Posted by CitizenK
BR
Member since Aug 2019
9485 posts
Posted on 8/31/22 at 9:44 am to
Enron accounting much? This is as converted by the government exchange rate. it is actually half but no one is buying rubles unless forced too.

What happens when it is cut off completely from Europe within a year? It has no other market of any size to access.
This post was edited on 8/31/22 at 9:56 am
Posted by Wildcat1996
Lexington, KY
Member since Jul 2020
5997 posts
Posted on 8/31/22 at 9:54 am to
quote:

Enron accounting much?


May well be.

Just like the Germans are claiming they have stockpiles of energy reserves while simultaneously planning for shortages.

It's pretty hard to separate reality from the BS these days.

But hey, as long as you have a yellow and blue flag in your social media avatar the world knows of your pious nature.
Posted by Bourre
Da Parish
Member since Nov 2012
20280 posts
Posted on 8/31/22 at 9:58 am to
Y’all remember how the Moscow mayors wife paid Hunter a large sum of money for consultation? Makes you wonder
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41150 posts
Posted on 8/31/22 at 10:01 am to
I bought a pile of RSX just after the Ukraine invasion. I can't wait for trading to resume on that mother.
Posted by CitizenK
BR
Member since Aug 2019
9485 posts
Posted on 8/31/22 at 10:42 am to
Germany has been stockpiling this year and should well have 95% storage capacity filled by Nov 1.

Notice how natural gas prices at Europe's TTF exchange (like Henry Hub here) have dropped like a rock over the last week.

Also Germany should have 3 operational LNG terminals by Jan 1 all connected running
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 8/31/22 at 10:44 am to
That's it. I'm putting another sunflower in my Twitter handle
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