Gazprom Q3 Profit Rises, Spending a Concern

Reuters reported that Gazprom reported negative free cash flow in Q3, which is causing analysts concern about their rate of spending.

As quoted in the market report:

Operating cash flow plummeted 32 percent in the quarter to 258.3 billion roubles, and the company revised its capital spending figure for the full year up to $44 billion.

To view the whole Reuters report, click here.