Telkom SOC (JSE:TKG) Natural Gas Storage Capacity (Bcf) : 0.00 (As of . 20)

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What is Telkom SOC Natural Gas Storage Capacity (Bcf)?

Natural Gas Storage Capacity (Bcf) is the maximum volume of natural gas that can be stored at the storage facility. The utility storage is important, since it's the midstream opportunities that offer investors the potential for profit.

The historical rank and industry rank for Telkom SOC's Natural Gas Storage Capacity (Bcf) or its related term are showing as below:

JSE:TKG's Natural Gas Storage Capacity (Bcf) is not ranked ^*
in the Telecommunication Services industry.
Industry Median:
* Ranked among companies with meaningful Natural Gas Storage Capacity (Bcf) only.

Telkom SOC Natural Gas Storage Capacity (Bcf) Historical Data

The historical data trend for Telkom SOC's Natural Gas Storage Capacity (Bcf) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Telkom SOC Natural Gas Storage Capacity (Bcf) Chart

Telkom SOC (JSE:TKG) Natural Gas Storage Capacity (Bcf) Explanation

A natural gas storage is a facility that can store natural gas for an indefinite period of time. Natural gas storages are typically located underground, that’s why they are called underground gas storages or UGS as well. The main function of gas storages is to inject and store natural gas at a time of low prices and/or low demand and use the gas by withdrawing at times of higher prices and/or higher demand.

Why is utility storage important to investors?

Each week, the U.S. Energy Information Administration releases its natural gas storage report. This report highlights the change in working gas storage. A dramatic drawdown of inventory can lead to a jump in the price of natural gas and, conversely, a buildup in storage is a bearish indicator. By tuning into the storage numbers, investors can see one of the driving forces behind natural gas prices.

It is also used to quantify the energy produced (or potentially produced) by a company's reserves, as well as what is actually delivered to customers. Investors will look at this figure to understand how much earning potential a producer in the space may have.

Telkom SOC Natural Gas Storage Capacity (Bcf) Related Terms

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Telkom SOC (JSE:TKG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telkom SA SOC Ltd (JSE:TKG) » Definitions » Natural Gas Storage Capacity (Bcf)

Comparable Companies

Traded in Other Exchanges

TZL1:Germany

Address

61 Oak Avenue, Telkom Park, Highveld, Centurion, GT, ZAF, 0157

Website

https://www.telkom.co.za

Telkom SA SOC Ltd provides fixed-line voice and data communications services in South Africa. The fixed-line segment has more than 4.5 million access lines in South Africa, where fixed-line penetration is 9.3%. Telkom offers wireless data services through subsidiary Swiftnet. The firm owns 75% of Multi-Links, a mobile operation in Nigeria with 1.78 million subscribers. The firm also owns Africa Online, which has more than 17,000 Internet customers throughout the continent.

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