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Enter Symbol:
Rating: BRGYY

BG Group plc (ADR) (OTCBB: BRGYY) upgraded to Outperform by RBC Capital Mkts

Wednesday,  Nov 25, 2015  8:25 AM ET by Dave Ficere

BG Group plc (ADR)
(OTCBB: BRGYY) upgraded to Outperform by RBC Capital Mkts.

BG Group plc is a natural gas company. The Company is engaged in the exploration, development, production, transmission, distribution and supply of natural gas and oil. The Company also has a number of power generation interests. Its operations are organized on a regional basis. The Company operates in four segments: Exploration and Production (E&P), Liquefied Natural Gas (LNG), Transmission and Distribution (T&D), and Power Generation. In May 2009, the Company acquired Pure Energy Resources Limited. During the year ended December 31, 2009, the Company acquired BP plc?s (BP) interests in the Armada, Everest and Lomond fields. During 2009, it acquired three dimensional (3D) seismic data across Karachaganak. In March 2009, the Company acquired 16.67% interest in Blocks 7, 8 and 9 Concession and 16.67% interest in an Overriding Royalty Agreement covering production from Block 9a in the Gulf of Thailand.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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