Close menu

November 9th, 2021 | 13:17 CET

Nordex, Gazprom, Saturn Oil + Gas: Rising oil and gas price drive

  • Oil
Photo credits:

Leading politicians and industry leaders are meeting in Glasgow until November 12 for the climate conference. So far, however, there has been nothing more than "hot air" to report. Not only climate activists are disappointed. Even German Development Minister Gerd Müller criticized the interim results. "The emerging resolutions are not enough to achieve the 1.5-degree target," the CSU politician told Redaktionsnetzwerk Deutschland. There is also little news on the expansion of renewable energies. It is therefore not surprising that the oil price is picking up again. With a rise to USD 83.78, the price for the Brent variety has ended the correction. There is also no relief in sight for the price of gas. The shares of Gazprom and Saturn Oil & Gas are benefiting from this. But Nordex is also attracting attention with new orders.

time to read: 3 minutes | Author: Fabian Lorenz
ISIN: NORDEX SE O.N. | DE000A0D6554 , GAZPROM ADR SP./2 RL 5L 5 | US3682872078 , Saturn Oil + Gas Inc. | CA80412L8832

Table of contents:

    Saturn Oil & Gas - Oil: "Share can double or triple."

    One thing the climate conference has made clear so far: There will be no way around fossil fuels in the coming years or decades. That is especially true for oil. At the same time, the supply of 'black gold' is becoming increasingly scarce, as investors and oil companies are increasingly focusing on renewable energies. The expensive exploration of new large fossil deposits is being shied away from. That makes companies that have sufficient production volumes all the more interesting.

    Among them is Saturn Oil & Gas. The Canadians secured attractive areas last year - when the oil price was at rock bottom - to increase production twenty-fold to 7,000 barrels per day and become one of the leading producers. An independent appraiser has confirmed reserves of 43.3 million barrels of oil equivalent (BOE). That represents a value of CAD 435.7 million. Saturn had made a final acquisition of the assets in June 2021 for a net CAD 76.8 million. The necessary revaluation of the stock has begun but is far from complete at the current price of CAD 4. Analysts at Beacon Securities have called out a price target of CAD 10.15 in their initial report. It is only a matter of time before the "massive" valuation discounts of Saturn's stock compared to its peer group are resolved. As soon as the Company shows that its planned production targets will be realized in practice, analysts said the stock could double or triple.

    Saturn is starting to deliver now: Recent drill results from the Loverna property were released last week. All three Loverna wells have started producing light oil in October 2021, and volumes are in line with internal production plans. Accordingly, Justin Kaufmann, Senior Vice-President of Saturn Oil & Gas, expressed satisfaction, "It was executed in a section not previously explored for the Viking oil formation and is delivering the largest production of the three wells executed. It is further evidence of our geological model in the area, supports the development of five contiguous land sections of Saturn, and reduces the risk for up to ten new ERH well locations." As a result, investor confidence should increase, and the valuation discount should narrow.

    Gazprom: Gas price dependent on Putin and Nord Stream 2

    In 2021 wholesale prices for natural gas have risen more sharply than ever before. The first small suppliers in Germany have already gone bankrupt. Relief can only come from Russia. From Gazprom, to be precise. Germany is Gazprom's biggest customer in the EU. Germany bought around 46 billion cubic meters of gas from Russia in 2020, corresponding to about one-third of total nationwide consumption. Almost two weeks ago, under pressure from rising prices and poorly filled storage facilities, Russia's President Vladimir Putin ordered the state-owned gas giant Gazprom to replenish reserves in Germany and Austria. Now, finally, action is to follow. A spokeswoman for Putin has confirmed that Gazprom will supply even more than the mandatory quantities after November 8. As a result, Gazprom's profits should continue to bubble up.

    Nordex: Nervousness before the figures

    Rising oil and gas prices are naturally also increasing the pressure on the expansion of renewable energies. German wind turbine manufacturer Nordex should benefit from this. The Company had also recently reported several new orders. However, Nordex was not able to inspire investors with these orders. They criticize the weak margins. In the past week, the share has also lost more than 16%. Then yesterday it went up again by 5%. That shows how great the nervousness is before the quarterly figures. Nordex will publish these on November 15. After the weak figures from competitor Vestas, investors do not want to be caught on the wrong foot. It is well known that Nordex is struggling with distortions in the commodity markets and with supply chain problems. The only question is how big the issues are and their impact on earnings, especially because of the already low margins.

    So far, the climate conference has not given the energy transition any additional impetus. It will not work without oil and gas in the future. The gas giant Gazprom benefits from this just as much as Saturn Oil & Gas. They are starting to deliver, and thus the share's revaluation should continue. In the case of Nordex, only the truly courageous are likely to buy.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.

    Der Autor

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author

    Related comments:

    Commented by Fabian Lorenz on May 31st, 2023 | 08:00 CEST

    Up to 200% price potential: TUI, BYD, Shell, Saturn Oil + Gas

    • Mining
    • Oil
    • Electromobility
    • travel

    Low oil price? Impending recession? Nothing seems to be able to touch star investor Warren Buffett's love of oil stocks. On the contrary, Berkshire Hathaway has added to its holdings in Occidental Petroleum in recent weeks, increasing its stake to 24.9%. Analysts also recommend Shell. However, they are calling for a higher dividend, among other things. Investors can soon look forward to a massive dividend from Saturn Oil & Gas. In Q1, Saturn was not only the fastest-growing oil producer in Canada, but analysts also see a share price potential of almost 200%. While TUI is calming down after a turbulent capital increase, analysts continue to issue warnings. BYD's stock remains in a sideways trend. Will success in Indonesia bring about a turning point? Elon Musk, in any case, expresses positive views about the competitor.


    Commented by Stefan Feulner on May 22nd, 2023 | 09:45 CEST

    Siemens Energy, Saturn Oil + Gas, TUI - Powerful potential

    • Mining
    • Oil
    • Gas
    • Energy
    • Travel

    The markets are ignoring the uncertainty. Despite negotiations not yet concluded due to the increase in the debt ceiling in the USA and other geopolitical dangers, the leading German index DAX posted a new all-time high. The bulls continue to react, and the crash prophets have to admit defeat so far. Optimism also continues to prevail among individual stocks.


    Commented by Nico Popp on April 26th, 2023 | 08:00 CEST

    Hydrogen from oil and gas? How fossil fuels are to become green: ThyssenKrupp, Saturn Oil + Gas, Nordex

    • Oil
    • Hydrogen
    • greenhydrogen
    • turquoisehydrogen
    • renewableenergies

    The Hanover Fair took place last week. Much of the event revolved around climate change and its role in industry. If you ask industrial companies today, almost all are expanding their hydrogen business. A thought experiment by the Max Planck Society now opens up a new perspective for hydrogen: new processes could make hydrogen sustainable from fossil materials. We look at what is at stake and what this could mean for the companies involved.