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Gazprom Reports Record Third-Quarter Profit After Gas Surges - Bloomberg

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Gazprom PJSC’s net income surged to an all-time high in the third quarter, when natural gas prices soared to fresh records during Europe’s energy crisis.

Net income rose to 581.8 billion rubles ($7.8 billion) compared with a net loss a year ago and beat median estimates, the Russian gas producer reported Monday. Revenue rose 70% from a year ago to 2.37 trillion rubles, also a record-high. 

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Gazprom Reports Record Third-Quarter Profit After Gas Surges - Bloomberg
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