Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Putin Gas Giant's Stocks Plunge After Dire Earnings Report
Newsweek ^ | 5/21/2024 | Brendan Cole

Posted on 05/21/2024 5:49:22 AM PDT by marcusmaximus

The Russian government has instructed Gazprom, once Russia's biggest company by revenue, not to pay out dividends, following record losses and a plummeting share price.

Earlier this month, Gazprom Group, which also includes oil and power businesses, announced a net loss of 629 billion rubles [$6.9 billion] for last year—the first since 1999. A decree on the government website, dated May 18, ordered Gazprom not "to provide for the payment of dividends on ordinary registered shares," for 2023.

(Excerpt) Read more at newsweek.com ...


TOPICS: Chit/Chat
KEYWORDS: brendancole; brendancolelol; doinktheclown; flatusmaximus; gazprom; gluteusmaximus; lolbrendancole; lolbrendancolelol; marcgetshistrollback; marcusclimaximus; neoconcrybullies; newsweak; newtrollformarcus; russia; thegazprom; theputin; weaknews; zeeperporn

1 posted on 05/21/2024 5:49:22 AM PDT by marcusmaximus
[ Post Reply | Private Reply | View Replies]

To: marcusmaximus

The country floats on some of the largest untapped oil reserves in the world. And their state owned oil company cannot turn a profit and pay a dividend. That is sad.

The Russian people deserve better.


2 posted on 05/21/2024 6:05:56 AM PDT by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

This can’t be true as Putin bots tell us every day that the Russian economy is booming (no pun intended).


3 posted on 05/21/2024 6:16:01 AM PDT by PIF (They came for me and mine ... now its your turn)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vermont Lt

Well, thats the gas company, not the oil company. Russia pissed off the bulk of its gas customers, and nat gas is very
location specific vis a vis pipelines. You cant just ship it to someone else (unless one invests $$$ in LNG plants).

Oil is a global commodity and much harder to boycott.


4 posted on 05/21/2024 7:09:02 AM PDT by buwaya (Strategic imperatives )
[ Post Reply | Private Reply | To 2 | View Replies]

To: Allegra; AndyJackson; ANKE69; bimboeruption; Candor7; Carriage Hill; Cold_Red_Steel; dforest; ...
Buttcrack Zeepers-2

ZEEPER FOLLIES PINGLIST!
(((PING!)))

5 posted on 05/21/2024 7:44:06 AM PDT by aMorePerfectUnion
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus
Meanwhile, Ukraine continues to get its ass kicked:

All For Nothing. Ukraine Losses Their Counter Offensive Gains. Ru Captures Klishchiivka & Robotyna.

Russian Forces Fully Capture 100% of Robotyne & Netailove | Russian Soldier Survives 3 FPV Drones

6 posted on 05/21/2024 8:35:48 AM PDT by Kazan
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus
You're soulless, demented monster that couldn't care less that this is true:

"The Neocons wanted Ukraine to kill Russians, with no regard to how many Ukrainians would be left.

Then, they even bragged how the Ukrainians would fight to the very last man – which we are rapidly approaching." -- Martin Armstrong.

7 posted on 05/21/2024 8:39:52 AM PDT by Kazan
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus
Kiev Panic Grows: MSM: Zelensky Screaming At Generals; Rus Advance All Fronts; Volchansk, Chasov Yar

High Losses In The Sumy Region | Russians Captured Strategic Positions | Military Summary 2024.05.21

8 posted on 05/21/2024 9:39:36 AM PDT by Kazan
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

ZZZZZZZZZZZZZZZZZZZZZZZ


9 posted on 05/21/2024 10:26:17 AM PDT by doorgunner69 (When tyranny becomes law, rebellion becomes duty)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vermont Lt
The country floats on some of the largest untapped oil reserves in the world. And their state owned oil company cannot turn a profit and pay a dividend. That is sad.

The Russian people deserve better.

On 26 September 2022, a series of underwater explosions and consequent gas leaks occurred on the Nord Stream 1 (NS1) and Nord Stream 2 (NS2) natural gas pipelines, two of 23 gas pipelines between Europe and Russia.[8] Both pipelines were built to transport natural gas from Russia to Germany through the Baltic Sea, and are majority owned by the Russian majority state-owned gas company, Gazprom.

Our United States Navy destroyed The Nord Stream pipelines into Europe and you have the gall to mock and gloat when Gazprom has a downturn.   How can they sell gas when we don't let them get it market?

I agree that the Russian people deserve better than to have our Neocon warmongers continually trying to destroy their country.

I was proud when we destroyed the Evil Empire Soviet Union.   I am proud that I helped!

But you and all the rest of the Zeepers couldn't accept the win.   You still want to grind them into the ground, then takeover their vast natural resources, or worse yet perpetuate perpetual war like Big Brother taught you to do.

"Carthago delenda est" all over again.

10 posted on 05/21/2024 12:19:22 PM PDT by higgmeister (In the Shadow of The Big Chicken! )
[ Post Reply | Private Reply | To 2 | View Replies]

To: higgmeister

I was fine with them when they stayed within their borders. But they haven’t. They have always wanted what the West has. Always.

But they are not capable of competing because they won’t allow the potential of their nation to be free. If it wasn’t the czars, it was the soviets, and then the oligarchs, and now Putin.

I don’t want them to fall apart. I just want to see them in their own borders.

I cannot wait until China takes them out at the knees.


11 posted on 05/21/2024 2:03:54 PM PDT by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: buwaya

The Ukies have the right strategy. Kill the refineries. The crude still goes to market.


12 posted on 05/21/2024 4:48:09 PM PDT by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
[ Post Reply | Private Reply | To 4 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson