How to buy Gazprom shares
Find the right UK broker to buy shares in Gazprom today.
Gazprom is a Russian organisation, partly owned by the Russian Government, that extracts, produces, transports and sells natural gas. It is a vital cog in the global energy industry, generating $100.4 billion in turnover in 2016.
The rest of this article will tell you a bit more about buying Gazprom shares, as well as outline some things for you to consider when starting out with share dealing.
Gazprom’s recent share performance
Take a look at Gazprom’s share price performance over the last 3 months. Monitoring the market is just one aspect of the research you should do before investing in a company like Gazprom. Remember that past performance is no indication of future results.
Compare these platforms and trade Gazprom shares
The following share dealing platforms offer access to a wide range of global (and UK) businesses. See which offers the most attractive rates for your needs, then simply head to the provider’s website and search for ‘Gazprom’ shares.
Gazprom’s financial permormance
Explore the table below to see how Gazprom has performed financially over the last 2 years. All figures shown are in Russian ruble (₽).
Gazprom Financial Figures (31st December)20162017
Ways to stay up to date with Gazprom shares
When buying or selling shares in a company it’s important to keep an eye on current affairs related to the company. We will talk you through some of the key things to keep an eye on when trading Gazprom shares.
- Financial reporting. It’s a good idea to know when Gazprom will be releasing the financial reports, this will let you know how the company is performing and will have a big impact on the share price. Alibaba reports annually on the 31st December each year as well as intermittently throughout the year.
- Company news. It’s important to keep up to date on the company news – for example, is Gazprom hiring/firing staff? Events such as this will have an impact on the share price of Gazprom.
- Wider news. You should also be aware of other external events and news that may have an impact on Gazprom’s share price – for instance, trends in gas prices.
- Does the company pay dividends? If a company pays dividends, it means they pay some of their profits back to shareholders. Currently, Gazprom do pay dividends on their shares.
- Shareholder meetings. These are often held annually and invite large shareholders to attend meetings and vote on matters relating to the company. It is a good idea to know when these are, as they may hold importance over the direction of the company.
Buying overseas stocks
First things first, you should check if the platform you’re considering allows you to hold foreign shares. Whether you’re looking at a dealing account, a stocks and shares ISA, or a SIPP (self invested personal pension), different trading providers have different rules.
Under HMRC rules, you’re allowed to hold shares listed on a ‘recognised stock exchange’. Your provider, however, may not allow it. So, check what stocks you’re able to hold with the share dealing platform you’re considering.
Checklist before you invest in any company
- What does the company do? A good way of checking how clued up you really are is testing yourself to explain what the company does in a few sentences. If you can’t do that it’s a good idea to do some more research.
- Is it making profits? This is a seemingly simple question. If you’re not sure whether a company is profitable, this could be a warning sign. If you want you can read Gazprom’s quarterly or annual earnings reports and take a look at the figures for yourself.
- Who are the main competitors? Every company operates alongside competitors. Before you invest it’s important to check whether the company is the market leader, a newcomer, a fast-growing disrupter, and so on. If the company you’re considering investing in is global facing, be sure to keep an eye on foreign competition too.
- Who is running the company? You’re not be a one-person hedge fund (yet), jetting off to Moscow to swing by CEO Alexey Miller’s office and chat about growth. You should still do your homework though. Any decent company will list its senior managers. Even a cursory look at the people in charge can tell you something about the company’s stability and management style.
- Is the company’s position sustainable? If you’re investing for the long-term, you need to consider the companies sustainability. If you’re looking for a short-term gain, this is less important.
- Is there room for future growth? Linked to the question above, what is the outlook for the medium to long-term. Has your company reached its maximum size?
Another option worth considering
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