28 December 2018
Quite possibly the most in-depth overview ever written about Gazprom, with a view to assessing Gazprom shares as an investment. The share is listed in London, New York, Berlin Frankfurt, and Moscow; i.e., anyone can easily buy and sell the share through any broker.
P/E of 4
The share price of this company has been badly affected by the current Russia Hysteria. It is one of the few major publicly listed companies that are trading at a low single-digit price-earnings ratio.
Dividend yield >6%
There are some surprise facts to be learned about Gazprom’s return on equity and its dividend policy. For 2019, a significant increase in dividend is already on the cards. The 2020s will likely see Gazprom shareholders receive an unprecedented amount of dividends.
“Russia is one of the world’s best macro economic plays”
This isn’t our quote, but that of a bond fund manager. A recent Gazprom bond issue in London was three times oversubscribed, testament to how there is a huge difference between the prevalent media spin and the financial reality of the country.
Time for bottom fishing?
This website doesn't advise on market timing. However, Gazprom appears to be a company that investors should add to their radar screen (and I outline several potential strategies for timing an investment).
Gazprom’s evolution since the 1990s, and why its 30th anniversary in 2019 will provide a turning point.
In-depth overview of its sprawling empire, including many aspects that you wouldn’t read about in the mainstream media.
Putin will use Gazprom as a weapon, but in a different way than you were made believe.
What readers said about this report
I'm actually familiar with your (excellent) work. I remember reading your work on Gazprom a few years ago. We even bought Gazprom back then for ourselves and also to some clients. We are holding tight to those stocks, it's still probably the cheapest large-cap stock in the world. So, thank you for that!
It looks like Gazprom is finally going up. Another one I will continue accumulating because it is still dirt cheap.
I've subscribed a while ago and plan to resubscribe soon, but a few of your tips have netted me quite a decent sum, especially good old Gazprom. 🙂
Great email today on Gazprom, couldn't agree more on its bright future! In addition to everything else they have going on, I think their Amur plants helium production could be another massive boost that is currently not priced into its business once it comes online. The infrastructure Gazprom is currently building is just of phenomenal scale! Thankfully Russia's quick actions were able to avert the plans for a war in the Donbass - though it means the expected 'Russia is evil' crash of Russia's stocks I was expecting won't eventuate yet.
It is really great that you were right on point with the Porsche AG and Gazprom shares!
I really liked the Just Eat and, above all, the Twitter analysis, and I have invested in both companies. I find it amazing how you published the report on Twitter shortly before the rally, similar to Gazprom at the end of 2018. Respect!
Regardless of whether it's Twitter, Porsche, Gazprom or (company name hidden by Undervalued-Shares.com), your reports are really great and regularly get me in front of the wave.
Thanks for the recent updates, especial on Gazprom my first and so far most succesful investement.
And thanks again for all your great investigative-style analyses. I've been riding with you on (company name hidden by Undervalued-Shares.com) and Gazprom too – I missed the first Gazprom window (though that's how I found you) but bought a bit in early Q4. I also took a small (company name hidden by Undervalued-Shares.com) stake in 2019, then your insights and corroboration on it through the crisis helped me meaningfully increase the position near the lows last year. So thank you!!
I’m always happy to get news from Undervalued Shares, because it always opens up new horizons. It's not like I jump on it every time and buy straight away (e.g. not (company name hidden by Undervalued-Shares.com)), but things like (company name hidden by Undervalued-Shares.com), Gazprom, Twitter or Just Eat are also mega-interesting from a content point of view and of course convey a depth of information that one would normally never get without very deep research. Keep it up!
I opened a small position for Gazprom when it was lower than you initial analysis and are up 3 times more than your newsletter costs yearly.
Anders B. I.
Saw you first when you analyzed gazprom with Sven Carlin - liked it alot. After being value investing for 3 years, Swen Lorenz is one of my go-to private investment analysers.
I really enjoyed your report on Gazprom. I thought it was inspired.
I have read your report on Gazprom with interest. There are indeed interesting ideas.
I've already had Gazprom in my portfolio and will continue to buy. However, I've only just come across IAG and Porsche because of your work and would like to thank you for it.
So far, I've implemented four of your investment ideas myself. I have since sold Gazprom and (company name hidden by Undervalued-Shares.com). Those were great trades!
Thank you for your fantastic service, I have already made enough from Gazprom to continue subscribing to your service for the next several years.
I couldn't resist the Gazprom report and bonus report. Nowhere else did I find that much information on this topic. That's how I became a Member of yours. It's fun. I like your business model and your approach.
Unrivaled value for retail investors in your reports. Gazprom actually helped me pay off one of my student loans, which I've been struggling with for a while. Your work is changing lives.
I became aware of you and your website through the videos with Jens Rabe - which I sometimes watch depending on the topic - and have been your paying customer for some time because I have invested heavily in both Gazprom and Porsche SE for many years. I found it interesting to meet someone who apparently has a similar nose and is also waiting for Mr. Market to wake up …..
[...] Thanks to you, I also got into Gazprom (unfortunately too little) and (company name hidden by Undervalued-Shares.com) (unfortunately just after the mega dividend) and can already report some nice book profits on these positions! […]
I heard about you from the video you did with Sven Carlin about Gazprom (ironically enough, you mention on your site that everyone's heard of Gazprom, not here in Canada!) and I've since invested a small position towards them, so thank you for your research!
Your Gazprom report in particular resonates with me and I am currently reading up on books detailing the history of oil and energy on world geopolitics.
The latest report on Gazprom is once again brilliantly worked out and very readable, like all research publications in the past.
Your Gazprom report, for example, turned out really well and an exciting and entertaining read as always. Congratulations!
A fascinating and very interesting report!
Good to read longer reports from you again, a pleasure as always!
20 July 2021
Report Update (PDF - 0.2MB)
17 May 2021
Report Update (PDF - 1.3MB)
16 February 2021
Report Update (PDF - 0.9MB)
15 February 2021
Report Update (PDF - 1.1MB)
12 August 2019
Report Update (PDF - 0.8MB)
23 May 2019
The coming end of Gazprom's pipeline export monopoly? (PDF, 0.6MB)
20 May 2019
Report Update (PDF - 0.2MB)