Another good source of information is "Chart Industries Earnings Call Transcript. It is a long transcript with some superfluous info but gives a very good look at the future of CNG and LNG. For those who are unfamiliar with the company, they make a lot of the components and systems that are necessary to process and deliver the CNG and LNG including GE's Nat Gas in a box. Compelling evidence that CNG and LNG transportation is in high gear.
Highlights from conference call transcript from Seeking Alpha:
We expect substantial and ongoing orders for 15,000 to 18,000 gallon tanks for LPG filling stations in both Asia and North America.
As a result of continued strength in our North American LNG orders flow and prospects, during the quarter we announced our fourth major plant expansion.
Asia orders are up significantly for the first quarter with strong demand for LNG track tanks and filling stations. Heavy duty truck fleets in Asia continue to switch to natural gas and we are seeing demand for our equipment grow
We’re now seeing the railroad industry testing LNG fueled locomotives as an alternative to using diesel, which could become a significant opportunity for us in the future. Momentum is gathering for high horsepower applications, particularly marine, off-road and stationary power gen diesel replacement.
Ichi, a nice observation. Immelt must have many ideas, but this is the ONE idea that would have so many positive results -- NG not only making lots of new jobs, but attaining energy security, less pollution, and perhaps a true bridge to renewables sometime in the future.
I wanted to mention this before but just didn't have the time. I don't recall seeing so many big name analysts at such a small cap stock question and answer session. Jeffries, Goldman Sachs, Lazard, J.P. Morgan Chase, Morgan Stanley, Piper Jaffray, Cannacord, CIBC, and another half dozen. This company is being watched carfully by the big boys. Interesting that there were downgrades just before and after earnings announcement.