Gazprom (GAZP) stock in 2026: dividends, earnings and outlook
As of Nov 7, 2026, Gazprom (GAZP) trades at RUB 114.11 per share, P/E 2.2x. There is no manual review on the portal yet; below are reported figures and model outputs only. Below: Q2 2026 results, dividends paid and expected, and valuation. All figures come from the company card on the Frontier portal.
Gazprom: Нефть и газ listed on the Moscow Exchange, covered by the Frontier portal.
What the Q2 2026 report showed
This is an automated earnings note built from portal data. The analysts have not published a manual review yet.
Gazprom quarterly results
Gazprom, IFRS figures for the period
| Period | Revenue, RUB bn | YoY | EBITDA, RUB bn | YoY | Net profit, RUB bn | YoY |
|---|---|---|---|---|---|---|
| Q2 2025 | 2,181.0 | -5.6% | 681.2 | -6.6% | 340.1 | -18.8% |
| Q3 2025 | 2,175.4 | -9.8% | 906.4 | 13.7% | 148.1 | from loss |
| Q4 2025 | 2,605.5 | -18.2% | 1,146.2 | 18.7% | 165.8 | -36.5% |
| Q1 2026 | 2,799.2 | -0.3% | 977.5 | 17.5% | 375.7 | -45.9% |
| Q2 2026 | 2,502.8 | 14.8% | 922.0 | 35.4% | 557.2 | 63.9% |
In Q2 2026: revenue RUB 2,502.8 bn (+14.8% YoY), EBITDA RUB 922.0 bn (+35.4% YoY), net profit RUB 557.2 bn (+63.9% YoY). The full period table, balance sheet and cash flow are on the Gazprom card.
Gazprom dividends, paid and expected
Gazprom dividends by ex-dividend year, RUB per share
| Year | RUB per share |
|---|---|
| 2017 | 8.04 |
| 2018 | 8.04 |
| 2019 | 16.61 |
| 2020 | 15.24 |
| 2021 | 12.55 |
| 2022 | 103.56 |
The portal's dividend model expects no payout for the current financial year: No payout is forecast (earnings or free cash flow are negative). The dividend valuation is withheld — this is not a statement about the stock's worth..
- Paid RUB 51.03 per share, ex-date Oct 7, 2022
- Paid RUB 52.53 per share, ex-date Jul 18, 2022
- Paid RUB 12.55 per share, ex-date Jul 13, 2021
Gazprom valuation by multiples
Gazprom (GAZP), multiples as of Nov 7, 2026
| Metric | Value |
|---|---|
| P/E (LTM) | 2.2x |
| P/B | 0.1x |
| EV/EBITDA | 2.9x |
| ROE | 11.4% |
| Dividend yield, LTM | n/a |
| Market cap | 2701.4 bn RUB |
LTM revenue RUB 10083 bln, net profit RUB 1246.8 bln, EBITDA RUB 3701.7 bln. Peer comparison and P/E history are on the company card.
FAQ
When is the next Gazprom dividend? The latest payment was RUB 51.03 per share, ex-date Oct 7, 2022. No new payout has been declared yet.
Will Gazprom pay dividends in 2026? No new payout is declared and the portal model expects none for the current financial year.
What did the latest Gazprom report show? In Q2 2026: revenue RUB 2,502.8 bn (+14.8% YoY), EBITDA RUB 922.0 bn (+35.4% YoY), net profit RUB 557.2 bn (+63.9% YoY).
Other Нефть и газ companies on the portal: Surgutneftegas (SNGS), Transneft (TRNFP), Lukoil (LKOH), Tatneft (TATN).
- Gazprom card on the Frontier portal
- Dividends and prices: Enhanced Investments EI1 database, Moscow Exchange
- Russian stocks: dividends, outlook and earnings 2026
Open the company's financial profile GAZP →
See also: market overview · valuation map · stock screeners