Gazprom ADR Stock

Description Gazprom

Gazprom (Symbol: OGZPY) is a publicly traded company, listed on international stock exchanges, and is one of the largest natural gas suppliers and producers in the world. Established in 1989 and based in Moscow, Russia, Gazprom primarily deals in natural gas production, transportation, storage, and sales, as well as the production of crude oil and power generation.

The company operates in various segments, such as exploration and production, refining, and gas distribution. Additionally, Gazprom is involved in the construction of gas pipelines and oil and gas infrastructure. Its vast gas pipeline network spans across Russia and links to countries in Europe and Asia.

Gazprom is majority-owned (around 50%) by the Russian government, making it a state-controlled entity. The rest of Gazprom's shares are publicly held and traded on stock exchanges worldwide, including the Moscow, London, and Frankfurt stock exchanges, and the US over-the-counter (OTC) market, where its shares trade as OGZPY in the form of American Depository Receipts (ADRs).

Notably, Gazprom has secured long-term contracts with numerous countries for natural gas supply, giving the company a significant edge in the global energy market. However, investing in Gazprom stocks has associated risks, such as exposure to geopolitical factors related to Russia and possible sanctions from Western powers. Investors considering Gazprom should weigh the potential returns with these risks and stay updated on the relevant political and economic developments that could affect the company's performance.

Competitors of Gazprom

Gazprom (OGZPY) is one of the world's largest natural gas producers and distributors, with headquarters in Russia. Some of the main competitors of Gazprom in the global energy market are:

1. Exxon Mobil Corporation (XOM) - This American multinational oil and gas corporation is one of the biggest competitors of Gazprom. Exxon Mobil is involved in the exploration, production, and distribution of oil, natural gas, and petrochemical products worldwide.

2. Royal Dutch Shell (RDS.A / RDS.B) - Shell is one of the largest energy companies in the world, with operations in more than 70 countries. It deals with the exploration, production, and distribution of oil and natural gas, as well as refining, marketing, and trading of oil and gas products.

3. BP (BP) – British Petroleum is a multinational oil and gas company, headquartered in London. It has operations in more than 70 countries and is involved in the exploration, production, and distribution of oil and natural gas, as well as the production and sale of fuels, petrochemicals, and power products.

4. Chevron Corporation (CVX) - Chevron is an American multinational energy corporation dealing primarily with petroleum, natural gas, and other energy sources. They are involved in operations such as exploration, production, and transportation of crude oil and natural gas.

5. TotalEnergies (TTE) - Formerly known as Total S.A., TotalEnergies is a French multinational integrated oil and gas company involved in the exploration, production, refining, and marketing of oil and gas.

6. Equinor ASA (EQNR) - Equinor, formerly known as Statoil, is a Norwegian multinational energy company primarily focused on the exploration, production, transportation, and marketing of petroleum and renewable energy.

7. ENI S.p.A. (E) - ENI is an Italian multinational oil and gas company involved in the exploration, production, refining, marketing, and trading of oil and gas products. It also takes part in electricity production and various other energy-related activities.

These companies are some of the main competitors of Gazprom in the global energy market. Competition amongst these companies is based on factors such as market share, production capacity, technological innovation, cost efficiency, and geographic presence.

Suppliers of Gazprom

Gazprom (OGZPY) is one of the largest natural gas companies in the world, responsible for the exploration, production, transportation, and commercialization of natural gas. As a globally-integrated energy company, Gazprom has a vast network of suppliers and partners, with some of the most important suppliers falling under the categories of oil and gas equipment and services, pipeline construction and maintenance, and technology providers.

1. Oil and Gas Equipment and Services

Gazprom relies on various suppliers for equipment and services essential for exploration, production, and transportation, which includes drilling rigs, pumping equipment, compressors, and other critical components. Some of the major suppliers in this category are:

- Schlumberger: This multinational oilfield services company provides technology, integrated project management, and information solutions to oil and gas companies, including Gazprom.

- Baker Hughes: As a major oilfield service provider, Baker Hughes offers various products and services such as drilling equipment, completions services, and reservoir consulting services, catering to Gazprom's diverse needs.

- Halliburton: Halliburton is another leading oilfield services company that assists Gazprom with a range of services, including cementing, drilling, and completion services.

2. Pipeline Construction and Maintenance

Gazprom operates one of the largest pipeline networks globally, which requires ongoing construction, maintenance, and upgrading to ensure efficient transportation and distribution of gas. Some key suppliers and partners in this area include:

- Stroygazmontazh Corporation (SGM Group): This is a leading construction group specializing in pipeline and gas infrastructure development, with Gazprom being one of their primary customers.

- Stroytransgaz: Another major player in pipeline construction, Stroytransgaz is involved in various Gazprom pipeline projects, including the construction, maintenance, and technical support services.

3. Technology Providers

To maintain its competitive edge in the energy sector, Gazprom invests heavily in cutting-edge technology, partnering with leading global technology giants for various digital solutions and innovations. Some of these technology providers are:

- Siemens: As a global leader in engineering and technology services, Siemens provides energy-efficient solutions for Gazprom in various areas, including end-to-end gas value chains and integrated digital solutions.

- ABB: This diverse technology firm collaborates with Gazprom in the field of innovative products, control systems, and automation solutions to enhance performance and efficiency in the gas sector.

- Honeywell: Honeywell partners with Gazprom in various operational areas, providing technology solutions for process control systems, plant automation, and cybersecurity.

By working closely with these suppliers and others, Gazprom is able to maintain its extensive production and transportation infrastructure while pursuing advancements in the natural gas industry.