KazMunayGaz
KMG.KZ — Information Overview
AO NC “KazMunayGas” is a prominent state-owned oil and gas enterprise founded in 2002 in Kazakhstan. It holds a pivotal position in the nation’s economy, boasting a current workforce of 47,437 dedicated employees.
KMG’s primary endeavors revolve around the exploration, production, transportation, and refining of hydrocarbons.
The company oversees an extensive network of oil and gas pipelines, ensuring a steady supply of hydrocarbons to both local and global markets. KazMunayGas actively engages in various ventures, collaborating with leading energy corporations on a global scale.
Investments in “KazMunayGas”
The company oversees assets that span the entire production cycle, segmented into the following sectors:
- Production;
- Refining;
- Transportation;
- Oil and gas chemistry;
- Oilfield services;
- Exploration.
“KazMunayGas” possesses assets in the oil and gas domain, including some of the world’s most extensive fields, along with promising initiatives in oil and gas chemistry and geological exploration.
The integration of digital technologies plays a pivotal role in driving innovative advancements at KMG. Leveraging artificial intelligence, machine learning, and digitalization of assets aids in improving the ecosystem, boosting energy efficiency, and fostering the growth of low-carbon technologies.
We welcome investments in expanding the company’s production sectors and participating in the IPO — KMGZ. Anticipated dividend payouts range from 514–617 tenge per share by the end of 2023, offering an expected profit margin of 5-6%.
Combatting Fraudulent Schemes Associated with KazMunayGas
The company takes proactive measures to caution against various fraudulent schemes masquerading as “KazMunayGas” subsidiaries. Fraudulent entities frequently alter their websites and employ deceitful tactics, enticing investors with promises of substantial returns from energy sector investments.
A prevalent modus operandi involves enticing investors with the allure of high profits. Fraudsters employ phone solicitations, online advertisements, and social media platforms to ensnare unsuspecting victims. Nonetheless, all funds funnelled into such counterfeit websites end up in the hands of scammers.
Deposit and Withdrawal Procedures
Acquiring KazMunayGas shares can be facilitated through bank transfers using the SWIFT system or credit card transactions. It is advisable to coordinate payments with company representatives or conduct transactions through reputable stock exchanges.
Conclusion
“KazMunayGas” stands as a substantial entity in Kazakhstan, offering extensive opportunities for investment in the oil and gas sector and production domains. KMG remains dedicated to combatting fraud and advises potential investors to diligently scrutinize information pertaining to firms offering investment services.
This review has been prepared by the specialists at ExpertsReview.