TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
TOKYO GAS Co ( (JP:9531) ) has shared an update.
Tokyo Gas Co., Ltd. announced the transfer of its membership interests in TGNR TVL LLC, a subsidiary involved in natural gas development in the U.S., to Grayrock Energy IV, LLC for USD 255 million. This move is part of Tokyo Gas’s strategy to optimize its asset portfolio and improve capital efficiency, aligning with its Compass 2030 vision to transform the LNG value chain and expand LNG trading operations.
The most recent analyst rating on (JP:9531) stock is a Buy with a Yen6740.00 price target. To see the full list of analyst forecasts on TOKYO GAS Co stock, see the JP:9531 Stock Forecast page.
More about TOKYO GAS Co
Tokyo Gas Co., Ltd. is a major player in the energy industry, primarily focusing on natural gas development and production. The company is involved in the LNG value chain and aims to enhance its operations in the U.S. and contribute to energy supply stability in Japan and other countries.
YTD Price Performance: 41.41%
Average Trading Volume: 1,134,339
Technical Sentiment Signal: Buy
Current Market Cap: Yen2246.3B
See more insights into 9531 stock on TipRanks’ Stock Analysis page.