May 19 Chinese buyers are eyeing long-term supplies of liquefied natural gas (LNG) from U.S. company Cheniere Energy, an official from the firm said on Tuesday, in what would be the first LNG deal between the world's two biggest energy users.
I would not be surprised to see $13 again which is why I am starting small but I would regret not having any position when this takes off. This way if it goes up, good I have a position and if it goes down, better I can get more shares at a cheaper price. My underlying assumption is that we will see NG well above $3 next year. We should also see UPL above $20 next year. Time will tell...
Same sector, sort of. Both are related to NG. But much different aspect. Low NG prices can be good for CLNE. These companies are not really comparable.
Rarely do things go straight up or down in the market. Too many energy producers were up 25 to 50% in the last couple of months. There will be a retracement before a resumation of the upward move. How long the pullback will be and how severe? Wish I knew.
I underestimated these guys. The stock is still dependent on NG pricing but is was an unexpectedly decent quarter. I probably already missed the best investing opportunity. That's ok. I would rather miss an opportunity than lose money. My money has been doing well elsewhere, so far. I will be watching..
S&P downgrades Rosetta's debt. Stock immediately dropped and I expect it will drop at least 1 -2 more full points by Tuesday. This release was pre-released by S & P to friends and family. It is the only explanation why ROSE was doing so poorly even before the release while other oils were doing well. The market is a den of thieves.
COG reported an increase in their drilling. Eventually drilling will decrease, and rapidly. Not sure if it will happen before mid summer. We will see. CHK is reporting soon and they will be a big indicator for the next 3 months. One could argue that a reduction will come soon along with increased demand so why not buy in today? This is a fair point but I will wait until some of the bigger players report and more specifically after UPL reports before making any decisions here.
Looks like NG stocks floated up on oil news from Yemen. When the buildup news sinks in so will the stocks (IMHO). There is no good news yet in the NG arena.
I disagree. The exports will materially increase demand. NG prices will go up. Coal demand will go up.
What did they expect 100+? I agree that it seems to not make sense. Maybe the downward trend before today's release already discounted the NG stocks and now that the news is out they can continue their upward trend? Short term moves are very difficult to forecast or explain.
UPL is a long term deal. Exports start this year but it will take time to build up significant volumes. It may take even longer with oil at these levels. In the end UPL has great NG assets which is the bulk of their business, top efficiency in drilling techniques and good oil assets. If you need a quick fix there are better plays out there. If I owned this stock I doubt I would sell but as an entry point I see this stock going down before and after earnings. If you have patience however I doubt you can go wrong here (IMHO).
My plan is to buy in the near term. Either after what I expect will be a lousy earnings report and a downgrade or over the summer. If I must I will buy in the low 20 range if I miss these entry points. Buying in increments is a very good way to invest and I will do that if I miss my entry points. Long term this stock will fly but LNG exports have not yet even started so I feel that I have some time to work with. Maybe not. We will see.