|Daily Range||$6.35 - $6.71|
|52-Week Range||$6.35 - $9.90|
|Dividend (Yield)||$0.00 (4.3%)|
|Average Daily Volume||1,996,728|
|Current FY EPS||$0.00|
Oil, Gas and Consumable Fuels
Russian aid cop-out highlights energy firm's weak finances
Geography blessed Russia with energy-starved industrial economies to its east and west. However, after decades of favorable energy exports, the ground beneath Russian energy giants like Gazprom is shifting.
Oil majors have been wrestling with investing in Russia for years, so now under the Olympic spotlight, let's hope the Games focus on sport and not security lapses.
Russian Navy aims to add 40 new ships (yes, you read that right) in 2014 alone.
Russia recently bailed out Ukraine. What are the implications?
Russia has managed to hold on to Ukraine in its sphere of influence for now, but do Moscow’s foreign policy victories translate to gains for its energy companies?
Turkey is partnering with Iraqi Kurdistan to deliver crude from Northern Iraq.
Italian oil giant Eni is seeking $10 billion from Statoil to resolve contract disputes. Here's why the case matters for both companies' investors.
Israel is entering the natural gas competition with major developments in the Eastern Mediterranean. While there are a few legal and diplomatic obstacles in the way, the political and economic benefits of Israel exporting natural gas will outweigh other considerations. At the end of the day, this is another nail in the coffin for Gazprom as Europe welcomes alternative sources of energy with open arms.
The European Summit in Vilnius is not only going to change the geopolitical landscape of Eastern Europe, it will also light warning signs for Gazprom as it sets Ukraine on a path towards energy independence from Russia. Kiev's newfound courage will be bolstered by efforts from ExxonMobil and Royal Dutch Shell to develop one of Europe's largest hydrocarbon reserves.