Liquefied Natural Gas Companies
A study made by Energy Department of the United States released on 5th of December, 2012 has intensified the debate on what America should do with its abundance of natural gas – this might lead to huge opportunities for natural gas companies.
Critics of exporting natural gas companies have argued that exporting the resource to global markets would harm the economy of the United States by raising natural gas and oil prices, natural gas companies.
But the company of NERA Economic Consulting study, done at the DOE's request, natural gas companies, showed that the U.S. would get a positive economic boost from exporting LNG-liquefied natural gas, even under all possible scenarios in which exports are envisioned for natural gas companies.
"Across all these scenarios, natural gas companies, the United States was projected to gain net economic benefits from allowing liquefied natural gas exports from natural gas companies. Furthermore, for everyone of the market scenarios examined for natural gas companies, net economic benefits increased as the level of liquefied natural gas exports increased," the study found. "In particular, natural gas companies, scenarios with unlimited exports always had higher net economic benefits compared to corresponding cases with limited exports of natural gas companies"
This study could increase the possibilities of the U.S. Energy Department approving permits for natural gas companies to build liquefied natural gas export facilities. Only one natural gas company has ever been approved to build an liquefied natural gas export terminal, and at least fifteen more LNG export projects, natural gas companies are waiting for the green light.
Here's why natural gas companies are vying for a piece of the liquefied natural gas (LNG) export market.
Liquefied Natural Gas Companies to Watch
Some natural gas companies in the United States are ahead of natural gas competitors in setting up liquefied natural gas-export facilities.
Investors that want to profit from liquefied natural gas companies exports must keep an eye on these:
Cheniere Energy Inc. liquefied natural gas company
(NYSE: LNG) is a Houston, TX-based natural gas company with the only currently approved liquefied natural gas export terminal. The U.S. Department of Energy (DOE) in January approved the natural gas company Cheniere Energy's Sabine Pass Liquefaction terminal in Cameron Parish, LA, which is able to ship up to 2 billion cubic feet of liquefied natural gas per day by 2015. The natural gas company also has scheduled to open a new export terminal in Corpus Christi, TX, which might be operational by 2017.
The stock of the liquefied natural gas companies is up more than 103 per cent this year and still has room to grow, as analysts' average target price (compared natural gas companies) is over 20 per cent above its recent price of 17,10 U.S. dollars.
Dominion Resources Inc. liquefied natural gas company
(NYSE: DOM), a Richmond, VA-based natural gas producer and transporter, is up 9 per cent this year and secures a pretty big dividend yield of 4,1 per cent. Dominion Resources Inc. natural gas company hopes to gain approval for its liquefied natural gas company export terminal situated in Cove Point, MD and join Cheniere as a leading liquefied natural gas company exporter of LNG.
Analysts of liquefied natural gas companies are beginning to catch on, as last week Credit Suisse reiterated its "Outperform" rating on Dominion Resources Inc. liquefied natural gas company and recently both ISI Group and Argus updated their ratings from a "Hold" to a "Buy," liquefied natural gas.
Chevron Corp. liquefied natural gas company
(NYSE: CVX), which is based in San Ramon, CA, must continue to become a leading supplier of liquefied natural gas exports around the world with its Wheatstone and Gorgon natural gas company projects, based in Australia. The initial capacity of Wheatstone is 8,9 million metric tons of liquefied natural gas per year with maximum daily production of 1,4 billion feet of cubic liquefied natural gas. The Gorgon Project is the largest single-resource project in Australia, natural gas company, with a 15 million-metric ton per-year liquefied natural gas facility. Chevron Corp. liquefied natural gas company has also funded Cheniere in the development of Sabine Pass and is currently working to expand its liquefied natural gas production in the United States. On top of all that, CVX stock offers a 3.3 per cent dividend yield for these natural gas companies.
Veresen Inc. liquefied natural gas company
(TSE: VSN), which has a headquartered based in Calgary, Veresen is owner and developer of the Jordan Cove Point Energy Project natural gas companies situated in Coos Bay, OR. If approved, Jordan Cove Energy Project is going to allow Veresen to operate between nearly no competition on the West Coast. Moreover, an export terminal in Alaska all other terminals in the United States are in the east, liquefied natural gas companies. VSN stock offers a solid 8,4 per cent dividend and according to the Relative Strength Index, a broadly used tool to evaluate whether a stock is oversold or overbought, VSN has a RSI reading of 26,15 – any point under 30 indicates oversold.
KBR Inc liquefied natural gas company
(NYSE: KBR) is an alternative play on the liquefied natural gas companies export boom because it assists to make liquefied natural gas facilities, instead of being a pure natural gas company. KBR Inc. liquefied natural gas company is a leading natural gas production facility developer, having built over 40 per cent of liquefied natural gas production facilities all over the world. As spending on liquefied natural gas plants increases, KBR Inc. gas company is going to get more business - and profits, liquefied natural gas company.