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    SNG   ROSNGNACNOR3

SNGN ROMGAZ SA

(SNG)
  Report
End-of-day quote. End-of-day quote Bucharest Stock Exchange - 10/27
37.85 RON   +0.26%
03:01aAnnouncement regarding Q3 2021 Report availability and conference call
PU
10/27Current Report - OGMS Resolution October 27, 2021
PU
10/26Current Report - Conclusion of Exxon negotiation
PU
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SNGN Romgaz SA Extends Suspension of Iernut Power Plant Contract Termination

04/23/2021 | 07:17am EDT

SNGN Romgaz SA announced the extension of the suspension of the notice of termination of the Public Procurement Contract No. 13384/2016, having as object the Development of Iernut Power Plant (Iernut CTE) by building a new 430 W power plant, with Combined Cycle Gas Turbine, concluded between S.N.G.N. ROMGAZ S.A., as Purchaser and the Consortium consisting of DURO FELGUERA S.A. and S.C. ROMELECTRO S.A., as Executor. In compliance with the provisions of Law No. 24/2017 and Article 234, paragraph 1, letter i) from F.S.A. Regulation No 5/2018, S.N.G.N. ROMGAZ S.A. informs its shareholders and investors upon the fact that on April 22, 2021 it extended the suspension of the notice of termination of the Public Procurement Contract No. 13384/2016 having as object the Development of Iernut Power Plant (Iernut CTE) by building a new 430 W power plant, with Combined Cycle Gas Turbine, until May 7, 2021. The decision to extend the suspension of the notice of termination of the Public Procurement Contract No. 13384/2016 was taken with a view to continuing negotiations with the Executor, in order to identify, evaluate and implement a solution to ensure the completion and enforceability of the investment objective, the soonest possible, in compliance with the legitimate rights and interests of S.N.G.N. ROMGAZ S.A. At the same time, S.N.G.N. ROMGAZ S.A. shall receive the Technical and Economic Expertise Report, having as main object the determination the physical and value stage of contract execution, as well as for the determination of the remaining works to be performed, for the completion and enforceability of the investment objective. This expertise Report was mentioned in the Current Report, on April 2, 2021, and it will constitute the base of the implementation of the alternative solution for the completion and enforceability of the investment objective.


ę S&P Capital IQ 2021
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Financials
Sales 2021 4 978 M 1 168 M 1 168 M
Net income 2021 1 725 M 405 M 405 M
Net cash 2021 3 197 M 750 M 750 M
P/E ratio 2021 8,46x
Yield 2021 6,79%
Capitalization 14 588 M 3 418 M 3 423 M
EV / Sales 2021 2,29x
EV / Sales 2022 1,80x
Nbr of Employees 6 066
Free-Float 30,0%
Chart SNGN ROMGAZ SA
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SNGN Romgaz SA Technical Analysis Chart | SNG | ROSNGNACNOR3 | MarketScreener
Technical analysis trends SNGN ROMGAZ SA
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 37,85 RON
Average target price 40,45 RON
Spread / Average Target 6,87%
EPS Revisions
Managers and Directors
Aristotel Marius Jude CEO, Director & General Director
Andrei Bobar Finance Director
Razvan Popescu Chief Financial Officer
Dan Dragos Dragan Non-Independent Non-Executive Chairman
Boiarciuc Adrian Director-Information Technology
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