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SHIZUOKA GAS CO. LTD. ( (JP:9543) ) has issued an announcement.
Shizuoka Gas Co., Ltd. has signed a Heads of Agreement with TG Eagle Ford Resources LP to acquire a 25% interest in a shale gas development project in the United States, marking its entry into the North American market. This acquisition, valued at $130 million, is part of the company’s strategy to expand its overseas operations as part of its 2030 Vision, with plans to market the produced gas in the US and explore further business opportunities in the region.
More about SHIZUOKA GAS CO. LTD.
Shizuoka Gas Co., Ltd. operates in the energy sector, focusing on natural gas as its primary product. The company is actively expanding its business internationally, with a particular interest in the upstream natural gas sector and project development in overseas markets.
YTD Price Performance: 0.78%
Average Trading Volume: 1
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €487.8M
See more insights into 9543 stock on TipRanks’ Stock Analysis page.