Gazprom Q3 Profit Rises, Spending a Concern

- January 17th, 2013

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

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.

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