Cheniere Energy Inc. (LNG)
Technip Energies: LNG Specialist Trading At A 9% FCF Yield
Technip Energies is a French engineering and technology company focusing on LNG, hydrogen, and ethylene jobs. Q1 2024 saw a revenue increase, strong order intake, and a net income of EUR95.3M. Technip Energies remains on track to meet full-year guidance with an anticipated EBIT of EUR460M and a double-digit EPS increase.
LNG Shipping Stocks: Holiday Decline
UPI declined by 0.63% to 165.53 points, with New Fortress Energy leading gainers at over 20% due to FLNG Altamira LNG project launch. UPI and S&P 500 both dropped last week, with low trading volumes and increased market volatility during the holiday season. Most decliners in LNG shipping were from Asia, with Korea Line Corporation losing 7.6% and Japanese shippers declining to support lines.
Woodside goes all-in on LNG with brave Tellurian buy: Russell
Australia's Woodside Energy wants to become one of the world's largest independent producers of liquefied natural gas (LNG).
Cheniere's (LNG) ADCC Pipeline Begins Commercial Operations
Cheniere (LNG) highlights that the ADCC pipeline will provide direct access to natural gas volumes produced in the Permian and Eagle Ford basins, alongside natural gas from the Gulf Coast.
3 Energy Giants Team Up for Ruwais LNG Project in Abu Dhabi
Three major European companies, Shell, BP & TotalEnergies, join ADNOC in the Ruwais LNG project to build one of the lowest-carbon LNG facilities.
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.
