December 11, 2023
How to Buy Gazprom Stock in US & Forecast for the Next 5 Years

How to Buy Gazprom Stock in US & Forecast for the Next 5 Years

The current market price of OGZPY stock is $2.060, and historical data indicates that the stock has been on a downward trend over the past year or since its inception.

Our platform utilizes a sophisticated Deep Learning algorithm to help investors determine whether adding OGZPY to their portfolio could be beneficial. Our algorithm considers various factors, such as changes in trading volume, price movements, market cycles, and similar stocks.

Based on our prediction system, we anticipate that the stock price will increase to $5.278809131472 (an increase of 156.253 percent) in one year. This means that a $100 investment now could potentially be worth $256.253 in 2023.

It’s worth noting that given the bullish nature of trading markets, adding OGZPY to your portfolio could be a wise decision.

how to buy gazprom stock, Gazprom Stock Forecast

What is Gazprom Stock

PJSC Gazprom is a multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg, Russia. It is the largest publicly traded natural gas company in the world and the largest company in Russia by revenue. In 2019, the company’s sales surpassed $120 billion.

Gazprom Stock History

Gazprom is a comprehensive gas company that participates in all aspects of the industry, including exploration and production, transportation, refining, distribution and marketing, and power generation. As of 2018, Gazprom produced 497.6 billion cubic meters of natural and associated gas, as well as 15.9 million tonnes of gas condensate, accounting for 12% of global natural gas production.

The company exports the gas via pipelines it owns and constructs in Russia and abroad, such as Nord Stream and TurkStream. Additionally, Gazprom has proven reserves of 35.1 trillion cubic meters of gas and 1.6 billion tons of gas condensate, and it is a significant oil producer through its subsidiary Gazprom Neft, with reserves of 2 billion tons and a production capacity of 41 million tons.

Furthermore, Gazprom has controlling holdings in other companies and subsidiaries in various sectors, such as banking, media, and aviation. The company was established in 1989 as the Soviet Ministry of Gas Industry and later became Gazprom, the first state-run firm in the Soviet Union. After the collapse of the Soviet Union, Gazprom was privatized but retained its Russian assets.

However, it was involved in asset stripping, tax evasion, and lack of governmental supervision during that time. The corporation was re-acquired by the Russian government in the early 2000s and has since played an active role in Russia’s diplomatic operations and gas pricing. The Russian government owns most of the company through the Federal Agency for State Property Management and Rosneftegaz, with the remaining shares traded on the open market. As of September 2019, Gazprom was listed on the Moscow Exchange and had a market value of US$80.56 billion.

Is Gazprom Stock Buy or Sell?

Based on a 90-day trading horizon and your normal degree of risk aversion, we suggest a ‘Strong Sell’ recommendation for GAZPROM PJSC. At Macroaxis, our recommendations for buying, holding, or selling GAZP assets are based on the investor’s investment horizon and risk tolerance.

Our recommendation algorithm takes into account all of GAZPROM PJSC’s available fundamental, technical, and predictive indicators, which can be found on our site. We base our recommendation on GAZPROM PJSC’s buy-and-hold strategy.

To compare our recommendation to the current analyst consensus for GAZPROM PJSC, please visit our website and see the GAZPROM PJSC Analyst Recommendation. You can also use our Instant Ratings tool to check ratings for multiple equity instruments.

We conduct extensive research on individual companies like GAZPROM and offer practical advice on buying, selling, or holding based on the selected investment horizon and risk tolerance towards GAZPROM PJSC.

Gazprom Stock to USD

Gazprom is a publicly traded Russian multinational energy company that engages in the exploration, production, refining, transportation, distribution, and marketing of natural gas, as well as power generation. The company’s shares, traded under the ticker symbol OGZPY, are listed on the PINK market in the US, with all prices quoted in US Dollars.

Where to buy Gazprom Stock

    1. eToro

    eToro offers a platform to trade stocks, ETFs, and cryptocurrency with zero commissions. You can access the app or website, but please note that it is not available in New York, Nevada, Minnesota, or Tennessee.

    1. Moomoo

    Moomoo provides access to stocks, options, and ETFs on various stock exchanges in the United States, Hong Kong, Shanghai, and Shenzhen. SoFi Invest also offers stocks, ETFs, and cryptocurrency, and has no fees for most stocks.

    1. M1 Finance

    With M1 Finance, you can invest in your preferred stocks or customized portfolios, and the platform will automate rebalancing for you. You can also trade options, ETFs, and cryptocurrency.

    1. Robinhood

    Robinhood Financial allows you to trade stocks, ETFs, and options without any fees.

    1. Axos Bank Self Directed Investing

    If you want to invest in your preferred stocks, Axos Bank Self-Directed Investing is an option for you.

How to buy Gazprom Stock

If you’re interested in trading shares, it’s important to choose a platform that suits your needs. To help you make an informed decision, check out our comparison table of trading platforms.

Once you’ve chosen a platform, you’ll need to create an account with a broker and provide your personal information. After that, make sure to fund your account with the necessary payment details.

Before investing in a company, it’s crucial to do some research first. Find the stock you’re interested in by searching for its name or ticker symbol – OGZPY – and assess whether it’s a good fit for your investment portfolio.

When you’re ready to buy, you can either use a market order to purchase as many shares as you want or use a limit order to wait until the stock reaches a specific price.

It’s essential to keep track of your investment portfolio to ensure that you’re making informed decisions. Tracking your stocks will enable you to monitor your progress and make any necessary adjustments to your investment strategy.

Gazprom Stock Forecast 2022

For 2022, the projected weighted average target price for Gazprom’s shares is $5.32. Meanwhile, Momo’s shares are expected to continue experiencing positive momentum in March, with a potential monthly volatility of 13.630 percent.

Gazprom Stock Forecast 2023

For 2023, the anticipated weighted average price for a Gazprom share is $3.99. Momo shares are expected to face negative trends, with a likely volatility of 8.120 percent.

Gazprom Stock Forecast 2024

For 2024, the projected weighted average target price for Gazprom share is 4.36. However, Momo shares are expected to have a downward trend in January, with a potential volatility of 20.090 percent.

Gazprom Stock Forecast 2025

Gazprom PAO’s price in 2025 is forecasted by 14 analysts to have a consensus aim of 13.57, with a high of 16.80 and a low of 7.50. This median estimate represents a significant increase of +558.64 percent from the previous price of 2.06.

Our report on the stock market and finance provides share projections, stock quotes, and buy/sell indications for the Public Joint Stock Company Gazprom.

According to current statistics, Gazprom’s GAZP shares and its market environment have been in a bullish cycle for the past 12 months (if exists). In the energy sector, there seems to be a recent pattern of popularity for equities.

Based on our AI stock expert’s analysis, a favorable trend is expected in the future, and investing in GAZP shares may be a profitable decision. We recommend adding this stock to your portfolio due to its positive outlook. Trading in bullish markets is usually easier, so it may be advantageous to favor these stocks under these conditions, but if you are new to investing, it is always best to research the best investment strategies.

If you have good financial skills and are interested in investing, you can find the Public Joint Stock Company Gazprom on the MCX stock exchange.