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Russia - Gazprom Reports $7 Billion Loss as Sanctions Decimate Revenue & Exports. Russia Ukraine War - Joe Blogs
GAZPROM has the sole contract to sell Russian Natural Gas and was Russia's Largest Business by Revenue prior to the Invasion of Ukraine. The business is 39% owned by the Russian State and has just reported a $7 Billion loss compared with Profit of $32BN in 2021. In this video I look at the results in more detail, discuss the implications of this loss on both Russia and the Russian Economy and the challenges that both Gazprom and Russia are facing.
Chapters:
0:00 Intro
3:35 NATURAL GAS
6:46 GAZPROM
8:34 OWNERSHIP
10:44 VALUATION
12:12 DIVIDENDS
14:24 ECONOMIC IMPACT
21:08 SUMMARY & CONCLUSION