Blog > Oil and Energy > Blog article: Gazprom to Overtake Exxonmobil
 | Email This Article Email This Article  | 

Gazprom to Overtake Exxonmobil

Posted May 20, 2008

“Gazprom is a $239 billion company in terms of market cap. And in one of its latest reports, it bragged that it would surpass Exxon Mobil in revenue by 2014.” — Christian DeHaemer

by Christian DeHaemer

Baltimore — (TFN): Gazprom (OGZPY: OTC) is the world’s largest natural gas company. It holds 17% of the world’s total, and 60% of Russia’s. It also controls the trunk lines throughout Russia as well as most production, transmission, processing and marketing.

Gazprom is a $239 billion company in terms of market cap. And in one of its latest reports, it bragged that it would surpass Exxon Mobil in revenue by 2014.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Christian DeHaemer is a regular contributor to Taipan Daily, your FREE resource for late-breaking investment opportunities to help you beat Wall Street to the profits.

Filled with investment analysis and insight for every sector (from blue chips to small caps… from options to ETFs… from emerging markets to the tech sector), Taipan Daily delivers just the right blend of safe opportunities with the fast-moving plays, so you have an insider’s edge over the Street… and other investors.

Sign up now for your FREE Taipan Daily e-service to help you find the best moneymaking investments for your wealth.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

About four years ago, I recommended that you buy Gazprom based on the fact that it had more natural gas than any company in the world. If you are still holding, you are up about 800%. Over the same period, ExxonMobil (XOM: NYSE) is up 125%. You can see it as that little black squiggle on this chart…

With the energy boom in full swing and natural gas prices doubling, Gazprom will soon be the largest energy company in the world. Read on to learn more and view a chart of Gazprom gains against those of ExxonMobil.

****Make sure you sign up for our FREE TFN News Feed for breaking news, special reports and new financial videos. You can pick your favorite reader. Or if you prefer, you can have the feed delivered to your email.


Related Articles


Posted by Christian DeHaemer · Filed Under Oil and Energy 

Comments

close Reblog this comment
Powered by Disqus · Learn more
blog comments powered by Disqus