Korea Gas Set to Benefit From Growing Overseas Earnings Contributions -- Market Talk
Dow Jones2026/09/10 01:140114 GMT - Korea Gas is set to benefit from growing earnings contributions from its overseas energy projects, Yuanta Securities Korea' Son Hyun-jeong and Kim Ko-eun. The analysts expect the South Korean state-owned liquefied natural gas supplier's consolidated operating profit to rise 14% to 2.404 trillion won in 2026, with overseas operations accounting for 25% of total profit, up from 15% in 2025. LNG fields in which the company has invested,especially in Canada and Mozambique, have significantly increased production recently, driving earnings growth, they note. Yuanta initiates coverage of the stock with a buy rating and 47,000 won target price. Shares are 0.4% higher at 36,300 won. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
September 09, 2026 21:14 ET (01:14 GMT)
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