We no longer check to see whether Telegraph. To see our content at its best we recommend upgrading if you wish to continue using IE or using another browser such as Firefox, Safari or Google Chrome.

Earlier this year, Gazprom was the third-largest company in the world by market cap. The credit crunch, troubles with the rouble and an increase in tensions after the conflict in Georgia prompted a flight of capital out of Russia.

These falls demonstrate the risks associated with investing in Russian groups like Gazprom. Russia is an emerging market, so it was a major victim of global deleveraging. The country also has a commodity-based economy — and the price of oil and metals has slumped.

The conflict with Georgia also increased talk of political risk, especially with Gazprom, as the Russian government owns a Commodity prices should recover in time — and so should investor appetite for risk.

So, the main question mark concerns political risk.

Gazprom shareholder FAQs

The biggest fear for a Western investor is an asset grab. What is there to stop the Kremlin nationalising the company and wiping out your shareholding in a couple of years? Well, Questor feels there are actually quite a lot of reasons why this won't happen — and events over the last few months give an indication as to why this is unlikely to occur.

This year, the Russian market slumped as investors withdrew from investments perceived as risky. The central bank also had to regularly intervene in the currency markets to support the rouble. Should the Kremlin ever attempt to grab foreign stakes in a company such as Gazprom, the consequences for its economy would be even worse. Every dollar, pound and euro would be removed from the country immediately — and it would lead to financial chaos of unprecedented proportions.

It would not be in Russia's interest to do this. Russia also needs Europe as much as Europe needs Russian gas. Petrodollars are essential if the country is going to continue to invest and grow. That's why Questor feels political risk fears have been overplayed. That said, any investor willing to invest in a Russian company should do so with their eyes wide open.

There is patently a higher degree of risk involved than in an investment in a UK group. Questor believes that the current valuation does not take into account the one fundamental attraction of this company — it has the largest gas reserves of any company anywhere in the world.

Gazprom has 60pc of Russia's total gas stocksquest a global stock market game under its stewardship — or 17pc of the world's total. The company pumps 20pc of all the gas produced in the world every single day, yet it is one of the most lowly-rated energy groups on the planet, trading on a December multiple of just three times. The main challenge the company faces is that its reserves are relatively undeveloped — and therefore a lot of capital canadian stocks with strong buy is needed.

Its second-quarter results should be released within the next few weeks. The third and how to buy gazprom shares quarter should also be bright, as the company has been selling its gas at record prices and cost inflation will not be as severe.

Although gas prices should ease next year, the company has substantial earnings leverage in the former Soviet states. It cbot trading days been supplying gas at a discount and it in the process of raising prices in most of its markets.

The shares trade on the London Stock Exchange's international market under the code OGZD not GAZ, which is subsidiary Gazprom Neft. OGZD is a make money with your isp depository receipt packaging up four Gazprom shares.

That may be true in the medium term, but yesterday's profit warning showed that things are pretty grim. Like-for-like sales were down A dividend cut was always on the cards, but the group slashed its interim payout to 4p from 22p — much deeper than most analysts had expected. It also warned that full-year numbers would be significantly below expectations. On the bright side, the business remains cash generative over the medium term and has a rising market share, but the fortunes of this company are tied into the fortunes of the housing market.

With house prices still falling, a recovery seems far off. The Fortune Global has been released — the annual ranking of the largest companies in the world by revenues. Here is a list of the 20 biggest corporate money-makers.

The Big Short, the film adaptation of Michael Lewis' book of the same name about the causes of the financial crisis, opens in UK cinemas this weekend. How will the story stack up against the greatest films about business? Some fledgling firms have reached valuations in the tens of billions.

Money A2Z

These are the 20 priciest of them all. How many of them do you know? From flu remedies to Harry Potter-inspired beverages, we highlight the weird and the wonderful brews and infusions. From 'scary cult movies from the s' to 'coming-of-age animal tales', Netflix has every niche covered. Forbes's annual index assess countries by a range of factors from taxes and technology to red tape and innovation.

These are the top 20 countries for doing business. Predictions saw a huge shift this week. We explain why - and what it means for mortgages and savings. Accessibility links Skip to article Skip to navigation.

Friday 16 June You can buy it in the normal way by contacting your broker.

The biggest companies in the world in The Big Short hits UK cinemas: These are the most valuable start-ups in the world. Starbucks' secret menu - the drinks you didn't know you can ask for. The 20 best countries in the world to do business.

What are the super-rich planning for Valentine's Day?

Gazprom (OGZD) stock Purchase – The worlds cheapest blue chip energy company | MoneyGrower

First rate rise in 'August ' - latest market prediction. The world's 10 most expensive cities Discover the priciest cities around the globe for luxury property. The cheapest places to buy an Isa. Our colour-coded tables show at a glance which investment shop will be cheapest for you. Sign up for weekly hints and tips on making investing simple.

HOME Finance Financial Crisis Debt Crisis Live Markets Banks and Finance City Diary. Economics Transport Media and Telecoms Energy Retail News. Personal Finance Your Business Investing Savings Student Finance Jobs Job Search. Companies China business Money Deals Money Transfers Comment Alex Find an IFA. Contact us Privacy and Cookies Advertising Fantasy Football Tickets Announcements Reader Prints. Follow Us Apps Epaper Expat Promotions Subscriber Syndication.