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FOJCF / Fortum Oyj: Russia Seizes Assets And Stock Becomes Cheap (Rating Upgrade)

Fortum Oyj: Russia Seizes Assets And Stock Becomes Cheap (Rating Upgrade)
The Russian government seized all of Fortum's assets located in Russia. As a result, the stock now trades at just 6.5x core earnings, despite one of the best balance sheets within utilities and significant growth prospects. I present my outlook for the company and upgrade the stock to a BUY. Read More
Posted: Jun 5 2023, 23:29
Author Name: Seeking Alpha
Views: 112452

FOJCF News  

Fortum Oyj (FOJCF) Q3 2023 Earnings Call Transcript

By Seeking Alpha
November 3, 2023

Fortum Oyj (FOJCF) Q3 2023 Earnings Call Transcript

Fortum Oyj (OTCPK:FOJCF) Q3 2023 Earnings Conference Call November 2, 2023 5:00 AM ET Company Participants Ingela Ulfves - Head of Investor Relations more_horizontal

Fortum fights to sell seized Russian assets and get compensation

By Reuters
August 9, 2023

Fortum fights to sell seized Russian assets and get compensation

Finnish utility Fortum still hopes to sell its Russian assets and get compensation for their seizure by the Kremlin via arbitration, its chief executi more_horizontal

Fortum Oyj (FOJCF) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 6, 2023

Fortum Oyj (FOJCF) Q2 2023 Earnings Call Transcript

Fortum Oyj (OTCPK:FOJCF) Q2 2023 Earnings Conference Call August 4, 2023 4:00 AM ET Company Participants Ingela Ulfves - Head of Investor Relations Ma more_horizontal

Fortum Oyj: Russia Seizes Assets And Stock Becomes Cheap (Rating Upgrade)

By Seeking Alpha
June 5, 2023

Fortum Oyj: Russia Seizes Assets And Stock Becomes Cheap (Rating Upgrade)

The Russian government seized all of Fortum's assets located in Russia. As a result, the stock now trades at just 6.5x core earnings, despite one of t more_horizontal


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