Crew Energy: The LNG Canada Wait Is Almost Over
Crew Energy stock has fallen ~50% due to gas industry challenges and missed Q1 estimates, but analysts predict a potential double in price. Market conditions for gas-focused energy companies have improved in the U.S. but not in Canada, with LNG projects in Canada showing promise. Crew Energy's focus on Montney gas and upcoming projects like LNG Canada and Groundbirch could lead to growth opportunities, making it a buy at current levels.
Honeywell to buy Air Products' LNG business for $1.81 billion in cash
Honeywell International Inc. HON, -0.49% and Air Products & Chemicals Inc. APD, -0.08% have entered an agreement for the former to acquire Air Products' liquefied natural gas process technology and equipment for $1.81 billion in an all-cash deal, the companies said in a joint statement. The price is equal to about 13 times estimated 2024 Ebitda, or earnings before interest, taxes, depreciation and amortization.
Honeywell to buy Air Products' LNG business for $1.8 bln, WSJ reports
Industrial giant Honeywell will buy Air Products' liquefied natural-gas process technology and equipment business for $1.8 billion in cash, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Baker Hughes: Slowing LNG Activity A Risk Ahead Of Q2 Results (Rating Downgrade)
Baker Hughes Company shares have been flat in the past year despite a strong market, with concerns about LNG cycle longevity and subdued drilling environment. Political developments have improved for BKR, with a District Court Judge halting a freeze on LNG export development, potentially benefiting the company. Baker Hughes will be reporting Q2 results soon, with analysts forecasting earnings of $0.49 and $6.8 billion in revenue, but I am concerned about elevated expectations.
Federal Court Ruling Clears the Path for LNG Export Projects
The lifting of the Biden administration's pause solidifies the country's position as a global leader in LNG. Investors should keep an eye on companies such as Cheniere Energy, Shell and Chevron.
ADNOC's Ruwais LNG to earmark 40% stake to Shell, Total, BP, Mitsui, sources say
Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell , TotalEnergies , BP , and Japan's Mitsui , sources told Reuters.
The 3 Best Oil & Gas Stocks to Buy in July 2024
When it comes to investment sectors, the concept of best oil and gas stocks might seem to be sunsetting. After all, the ideological machinery appears to be favoring clean and renewable solutions.
US. LNG Export Market Hurdles Should Not Bother Investors
The U.S. LNG sector remains a cornerstone of the global energy landscape. Investors can tap into this market by focusing on companies like Cheniere Energy, Shell and Chevron.
LNG Shipping Stocks: Summer Season Is Near
UP World LNG Shipping Index gained 1.17% last week, led by FLEX LNG and Golar LNG. UPI outperformed the S&P 500, indicating positive momentum for LNG shipping stocks. The summer season is approaching, potential rise in gas consumption in Asia, investors are advised to consider LNG sector opportunities.
Where Will Tellurian Be in 5 Years?
Tellurian is building a fully permitted LNG export terminal known as Driftwood. Driftwood is currently scheduled to start exporting LNG in 2028.
Wall Street Favorites: 3 Oil & Gas Stocks With Strong Buy Ratings for June 2024
The World Bank has warned that escalating tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. Even before the recent conflicts, commodity prices were stabilizing, complicating interest rate decisions for central banks.
Cheniere (LNG) Hikes Dividend, Buyback in Strategic Boost
Cheniere Energy (LNG), with its significant liquefaction capacity and strategic investments, is well-positioned to capitalize on the growing demand for liquefied natural gas.
