Petrovietnam Gas Joint Stock Corp
VN:GAS
GAS's latest stock split occurred on Sep 13, 2024
The company executed a 51-for-50 stock split, meaning that for every 50 shares held, investors received 51 new shares.
Before the split, GAS traded at 81960.7813 per share. Afterward, the share price was about 74300.
The adjusted shares began trading on Sep 13, 2024. This was GAS's 2nd stock split, following the previous one in Sep 22, 2023.
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Petrovietnam Gas Joint Stock Corp
Glance View
Petrovietnam Gas Joint Stock Corporation, known as PV Gas, stands at the heart of Vietnam's burgeoning natural gas industry. Emerging as a pivotal player and subsidiary of the larger Vietnam Oil and Gas Group (Petrovietnam), PV Gas has woven itself into the fabric of the country's energy infrastructure and economic development. It was established with the mission to harness Vietnam's rich natural gas resources, ushering them from extraction to consumption. The corporation operates through a broad system that starts from gathering and processing gas from offshore fields in the South China Sea. These ventures are not mere explorations; they are orchestrated with an eye for methodical processing and distributing, channeling the raw energy form to industries, power plants, and households across Vietnam. PV Gas earns its revenue primarily through the sale of natural gas, liquefied petroleum gas (LPG), compressed natural gas (CNG), and other gas-related products. By systematically managing a comprehensive chain that includes the transportation and distribution of natural gas via a vast network of pipelines, the company ensures efficient delivery to its diverse clients. This supply chain not only involves upstream extraction but also robust midstream operations that include storage solutions and utility services indispensable for industrial giants and domestic consumers alike. By fostering partnerships and strategic alliances, PV Gas constantly improves its operational capabilities and market reach, positioning itself as both a national stalwart in energy provision and a regional contender poised to feed the growing hunger for clean, sustainable energy options across Southeast Asia.
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