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DarkWI
Oct 12, 2020 12:54 PM

TATNEFT - time to buy oil companies? Long

TATNEFT PJSC ADS (REPR 6 ORD RUB0.1)LSIN

Description

The need for oil will not go away for decades to come. Therefore, it is worth paying attention to oil and gas companies in the long term.
One of such companies is Russian TATNEFT. It is a growing company whose share price is at the bottom of the upward channel.
In the short term, there may be a decline in the share price due to falling demand or some new sanctions against Russia, but in the long term I am optimistic about them.
Comments
jim17737
In 2020 and 2021 share price low do to big investments, erlie 2021 the started new refneri, august 2021 Europes biggest PET plast producer, a 100% part, Investments not bad bout the have taken cash from oure dividentes. Think 2022 will be bag to usual, january wee get a 26.5 Rubel dividente, and 1 or 2 more later in the yeare. If Tatneft, go back to 50% ernings for investments, and 50% erning for dividentes, price for 1 chare will go back over 800 ruppel ones more.
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