Amid Protests, Novatek May Be Losing The Putin Shine – Seeking Alpha
February 7th, 2012
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Amid Protests, Novatek May Be Losing The Putin Shine
Seeking Alpha Novatek shares trade at P/E and EV/EBITDA multiples that are double the average of international and Russian peers and 4 times that of Gazprom, the state-owned Russian gas giant. Novatek's 2012 P/E hovers now around 17x vs about 4x for Gazprom. |
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