One of the most profitable investment strategies is the acquisition of shares in Russian gas and oil companies such as Gazprom, Rosneft, Bashneft. Blue chips are always valuable, but the level of their quotes depends on many factors.
It is not difficult to buy Gazprom shares today: just go to one of Gazprombank's offices and open a depository account there, or simply contact your broker with an appropriate order. More important is what will happen to the value of the purchased shares further, because their stock quotes change every second.
It is impossible to say for sure what the share price will be in the short term or in a few years. The dynamics of their exchange rate can be predicted only by relying on the forecasts of financial analysts who have information on what the quotes of Gazprom shares depend on. Generally speaking, a number of factors affect the price of any security.
Reasons for changing quotes
The price of Gazprom shares, first of all, depends on the global gas prices and the level of its consumption. Blue fuel prices are directly related to the economic situation in developed countries. If in most of them industrial production is growing, consumer demand and the level of purchasing activity increase, then the need for different types of fuel increases.
Accordingly, an increase in gas demand entails an increase in gas prices. This leads to an increase in the quotations of Gazprom shares. A decline in consumer activity and a drop in industrial production usually pull the stock market down, and Gazprom shares sink.
Also, the quotes of Gazprom shares are significantly influenced by news about the discovery of new or depletion of existing gas fields. Accordingly, in the first case, Gazprom's securities are getting cheaper, and in the second, they are getting more expensive. For example, the news that large reserves of shale gas have been discovered in the United States and a decision has been made to start developing them seriously hit the price of Gazprom's shares.
In addition, the economic situation of the company can affect the stock price. For example, the emergence of good corporate reporting, indicating the achievement of targets and an increase in profits, may raise the quotes of Gazprom securities.
Other factors affecting the dynamics of quotations
The growth in the share price of Gazprom is facilitated by:
- obtaining a government order;
- conclusion of a major international contract;
- receiving personal tax incentives or increasing tax rates for competing companies.
Gazprom shares may decline if:
- other companies will increase gas production;
- the demand for petroleum products will decrease;
- energy-saving technologies will be actively introduced;
- an alternative fuel source will be found.
