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.
EnLink Midstream: Getting Pulled Along By Data Centers And LNG Exports
EnLink is cheaply valued due to its assets in Tier-2 basins. These assets have spare capacity that will be consumed by natural gas consumption fueled by LNG exports and data centers. Being able to increase profitability with minimal CAPEX spending will result in large FCF increases through the remainder of this decade.
Cheniere Energy: Buybacks And Attractive Valuation To Propel The Share Price
Cheniere Energy is a leading energy company and one of the largest players in the liquefied natural gas market. The company has solid financials and shareholder-friendly capital allocation policy. Increased energy prices can positively impact the company's revenue.
Saudi Aramco in LNG talks with US Tellurian, NextDecade, sources say
Oil giant Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production, three sources close to the talks told Reuters.
