Stock MarketWHERE AND HOW TO BUY LUKOIL STOCK – An Easy Step-By-Step Guide

WHERE AND HOW TO BUY LUKOIL STOCK – An Easy Step-By-Step Guide

This article will show you Where and How you can buy Lukoil  stock and also take you through an expert’s yearly average price prediction of Lukoil stock covering five years. This article contains all you need to know about Lukoil stock.

Lukoil (LUKOY) PJSC is a Russian company that was originally government-controlled but is now Russia’s largest company not controlled by the state and its second-largest oil producer.

The PJSC’s Lukoil stock company includes oil exploration, production, refining, marketing, and distribution. In 1994, Lukoil was considered the first oil company to begin offering shares of stock on the new Russian Trading System.

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The PJSC Lukoil Oil Company was founded in Russia on November 25, 1991 about some 31 years ago with its official headquarters in Moscow. It has three operational divisions, namely; exploration and production, refining, marketing and distribution, and corporate assignments.

Langepas, Uray and Kogalym oil were merged by the USSR Council of Ministers Decree No. 18 in 1991 as a state owned enterprise. The first letter of each of the three firms (L-U-K) was joined and united with the English word “oil” to form the new name, ‘Lukoil’. The new company’s chairman and CEO is Vagit Alekperov, is known as one of Russia’s wealthiest men.

What is Lukoil Stock?

Lukoil stock is a publicly traded financial instrument of the PJSC’s Lukoil stock corporation.  Lukoil is an international oil firm specializing in the extraction, production, transportation, and sale of petroleum products and natural gas.

LUKOIL STOCK
Source: 123RF

Lukoil Corporation has one of the major publicly traded stocks and vertically integrated oil and gas business across the globe. Its energy outputs account for about 2% of the world’s oil production and about 1% of the global quantum of hydrocarbon reserves.

The Lukoil stock of shares is distributed to shareholder such that the CEO of Lukoil, Vagit Alekperov, owns 20.6 percent of the company’s shares and the vice-president Leonid Fedun owns 9.8 percent. The Lukoil’s senior management acquired over 30 percent of the corporation’s shares and the rests are for the public.

Is Lukoil Stock a Good Buy?

Lukoil is one of the most efficient oil companies with adequate resources for trading and operation.  It has a huge prospect under a prosperous macroeconomic environment with feasible financial outcome.

Lukoil has a solid financial performance report with valuable opportunities to replace its produced reserves at a regular interval.

Lukoil stock is known for low volatility, meaning that the stock has very restricted price movements with the attendant low risk. This tends to give an investor good business confidence in the stock.

But this advantage may lead to a dwindling volume as records show that the stock moved at a daily average volatility of zero with a clear case of dwindling volume of stock. There is a buy signal from a pivot bottom found in the last one week.

During the day the stock fluctuated 0% from a day low at $6.96 to a day high of $6.96. The price has been going up and down for this period, and there has been a -86% loss for the last 2 weeks.

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The Open Joint Stock Co Oil co LUKOIL stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock.

Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.

The stock lies in the lower of a very wide and falling trend in the short term and this would ordinarily present a very good buying opportunity for investors. The green trend that is hammering Lukoil’s Western competitors makes Western oil companies more risky than Lukoil.

Some analysts have indicated that if the lower trend floor at $0.41 is broken, it will show a stronger fall rate, and in view of the prevailing short-term trend as at March 15, 2022, the stock is expected to fall 47.33% during the next 3 months.

A buy pointer was indicated from a strong bottom point on the first week of March, 2022, and so far it has fallen 0% but it is expected to move up until a new upper pivot point has been found.

The Lukoil stock is a good buy at this period considering the low statistical volatility and estimated steady rise in price.

Where to Buy Lukoil Stock

You can buy the Lukoil stock under the symbol OTCMKTS: LUKOY. The common shares are listed on the Moscow Exchange in the first level quotation list and are among the most liquid financial instruments on the Russian stock market. The Company`s shares and depositary receipts are also listed on the London Stock Exchange.

The Company`s shares and depositary receipts are included in a number of international indices: MSCI Emerging Markets EMEA, MSCI Emerging Markets Eastern Europe, FTSE Russia IOB, Bloomberg World Oil & Gas etc.

You may buy the stock through the following ways:

  • Leonid Arnoldovich Fedun Oil Co. LUKOIL PJSC
  • Government Pension Fund – Global
  • The Vanguard Emerging Markets Stock Index Fund
  • Vanguard Total International Stock Index Fund
  • Goldman Sachs GQG Partners International Opportunities Fund
  • Freefloat

How to buy Lukoil Stock

The Company’s depositary receipts are listed on the London Stock Exchange, and they are also traded on the Frankfurt, Munich, and Stuttgart stock exchanges and on the US OTC market.

There are currently two major depositary receipt programs for the Company, Level I ADR Program and Rule 144A Program: CUSIP # 69343P105 (US ISIN: US69343P1057) and CUSIP # 69343P204 (US ISIN: US69343P2048).

Citibank, N.A. is the depositary bank for the depositary receipt programs also acting as the company’s transfer agent, registrar and distributor of dividends accruing on depositary receipts.

You will go through a broker with access to the OTCMKTS. Open an account with the brokerage and make your purchase. After you have bought your investment, you can log in at any time to keep track of it and take record of new trends.

You can keep your investment for as long as you want subject to appreciation of it and you may decide to sell at any good time.  To sell your stock, simply login and click to sell right away. Thereafter you may reinvest at a bigger way.

Lukoil stock doesn’t pay dividend, what you do with Lukoil stock is to know the act of buying and selling the company’s stock to profit from its appreciation.

When you acquire Lukoil stock in a firm, you are purchasing a small portion of the Lukoil stock, and the value of your investment will fluctuate as the stock price fluctuates but positive fluctuation should be expected.

Investors decide which stocks to buy and when based on information such as business news and announcements, company results, and technical analysis.

Lukoil Stock Average Price Prediction 2022

The average price target is $6. 56. We expect a minimum of $6.03 and a maximum of 7.12 and ending the year in downtrend.

Lukoil Stock Average Price Prediction 2023

The average price target is $7.30. We expect a minimum of $7.08 and a maximum of 7.71 as the year ends in downtrend.

Lukoil Stock Average Price Prediction 2024

The average price target is $8.42.  We expect a minimum of $8.08 and a maximum of 8.91 and ending the year in uptrend.

Lukoil Stock Average Price Prediction 2025

The average price target is $10.28.  We expect a minimum of $9.79 and a maximum of 11.01 and ending the year in downtrend.

Lukoil Stock Average Price Prediction 2026

The average price target is $11.86.  We expect a minimum of $11.54 and a maximum of 12.26 as the year ends in uptrend.

 

 

 

 

 

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