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Thursday, October 28, 2010

Gas Natural Dividends Analysis

Gas Natural has ISIN code ES0116870314, and is negotiated in Madrid Stock Exchange under the sympol GAS.MC although it also can be purchased in the USA under the symbol GASNF.PK

Introduction

Gas Natural Fenosa, a leading multinational company in the field of gas and electricity, is present in over 23 countries and has more than 20 million customers.

Following the recent acquisition of power company Union Fenosa, the third in the Spanish market, Gas Natural has achieved its goal of integrating electricity and gas businesses into a company with long experience in the energy sector, able to compete effectively in markets undergoing a process of increasing integration, globalization and increased competition.

Is the largest integrated gas and electricity in Spain and Latin America, a leading marketer of natural gas in Iberia, the third operator of LNG in the world with a fleet of 13 LNG tankers, as well as the main supplier of LNG in the Mediterranean and Atlantic.

The company, a leader in the distribution business, is present throughout the gas value chain, through participation in exploration, production, liquefaction and transportation.

Relevant quantities



Conclusion

A stable company, having absorbed the power company Union Fenosa in March 2009 which meant that the company had to undertake a capital increase, now should return to a growth path for their benefit and therefore dividends.

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