LNG.AX - Liquefied Natural Gas Limited

ASX - ASX Delayed Price. Currency in AUD
0.4750
-0.0050 (-1.04%)
At close: 4:10PM AEDT
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Previous Close0.4800
Open0.4900
Bid0.475 x 0
Ask0.485 x 0
Day's Range0.4750 - 0.4950
52 Week Range0.3850 - 0.8750
Volume1,014,423
Avg. Volume825,653
Market Cap271.611M
Beta (3Y Monthly)1.02
PE Ratio (TTM)N/A
EPS (TTM)-0.044
Earnings DateMar 1, 2016 - Mar 5, 2016
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.97
  • Asian prices drop to 17-month low on tepid demand
    Reuters4 days ago

    Asian prices drop to 17-month low on tepid demand

    Asian spot prices for liquefied natural gas (LNG) continued their downward spiral this week, hitting a 17-month low as the market moved further away from the peak winter-demand period and inventories remained high in the region. Spot prices for March delivery to Asia fell to $6.50 per million British thermal units (mmBtu) this week, down 20 cents from the previous week to their lowest since Sept. 8, 2017, trade sources said. Demand in China remained tepid as many factories there were still shut for Lunar New Year celebrations, trade sources said.

  • Did Liquefied Natural Gas Limited (ASX:LNG) Insiders Buy Up More Shares?
    Simply Wall St.4 days ago

    Did Liquefied Natural Gas Limited (ASX:LNG) Insiders Buy Up More Shares?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! We've lost count of how many timesRead More...

  • Asian prices slip, but plant outages limit losses
    Reuterslast month

    Asian prices slip, but plant outages limit losses

    Asian spot prices for liquefied natural gas (LNG) continued to fall this week as importers in North Asia have largely finished their purchases for winter, but losses were stemmed as plants closed for maintenance. Spot prices for March delivery to Asia this week slipped to $8.20 per million British thermal units (mmBtu), down 10 cents from the previous week, trade sources said. Prices for cargoes to be delivered in the second-half of February were estimated at about $8.35 per mmBtu, they added.

  • Asian LNG prices slip but deliveries for December at record high
    Reuters2 months ago

    Asian LNG prices slip but deliveries for December at record high

    Asian spot prices for liquefied natural gas (LNG) slipped this week amid thin trade, though monthly deliveries into Northeast Asia climbed to a record in December as colder-than-normal temperatures are expected this week. Spot prices for February delivery to Asia dropped to $9.10 per million British thermal units (mmBtu), with bids and offers remaining wide apart from $8.70 to $9.50 per mmBtu, industry sources said. Commodities trader Vitol Asia bid in S&P Global Platts' pricing process on Thursday for a series of four LNG cargoes to be delivered over 2019 to 2020, according to one trader.

  • Go West: Pacific Coast LNG plans get fresh look as market shifts
    Reuters2 months ago

    Go West: Pacific Coast LNG plans get fresh look as market shifts

    In October, Royal Dutch Shell and its Asian partners approved construction of a $30 billion export terminal in British Columbia, surprising investors by saying the plant would deliver the super-cooled fuel to Asia at a more competitive price than new U.S. Gulf Coast projects. Since then, costs have shifted further in Canada's favor. LNG shipping rates hit record highs in November, due to a tanker shortage, boosting costs for multi-week journeys from the U.S. Gulf Coast to Asia, while natural gas priced in Texas has surged as much as 51 percent as Canadian gas prices fell.

  • Reuters2 months ago

    Asian LNG prices snap three-week losing streak as winter kicks in

    Asian spot prices for liquefied natural gas (LNG) snapped a three-week losing streak to end higher this week, with the onset of winter expected to boost demand for natural gas for heating. Spot prices for January delivery edged up about 10 cents to around $8.90 per million British thermal units (mmBtu), with cargoes trading from as low as $8.50 per mmBtu to as high as $9.10 per mmBtu, several industry sources said.

  • Reuters2 months ago

    Floating LNG cargoes in Asia find buyers as prices plunge

    Several liquefied natural gas (LNG) cargoes that had been stored on vessels in Asian waters are now heading towards buyers' terminals in China, Japan or South Korea as spot prices for the super-chilled fuel have plunged this week to multi-month lows. At least nine LNG tankers are now on their way or have already offloaded cargoes to buyers after floating off Singapore, Malaysian or South China waters for up to two months, shipping data from Refinitiv Eikon showed. The data also shows that at least five laden LNG tankers remain in Singapore waters.

  • The Wall Street Journal2 months ago

    [$$] Thaw With China Could Boost Frozen U.S. Gas Projects

    Easing of trade tensions between the U.S. and China could unlock new American liquefied natural gas projects that stalled this year while seeking customers. The U.S. is one of the world’s largest suppliers of shipped gas, and China is shortly to become the world’s largest buyer, but the standoff between the world’s two largest economies has hindered new deals. The Trump administration’s efforts to shrink its trade deficit with China led to tit-for-tat tariffs between Beijing and Washington.

  • Reuters3 months ago

    LNG buyers try to ditch U.S. gas commitments

    LONDON/SINGAPORE - Several large liquefied natural gas (LNG) players have tried to offload their obligation to buy future cargoes from the United States, shedding excess commitments made years ago in the rush for new sources and commercial terms for the fuel. The sale of multi-year "strips" of LNG cargoes represent portfolio adjustments by the buyers rather than backlash against U.S. gas, several Asian and Europe-based traders said. Australia's Woodside Petroleum, GAIL (India) and Indonesia's Pertamina have all recently marketed strips they are obliged to buy from Cheniere Energy's Corpus Christi or Dominion Energy's Cove Point terminals from 2019, traders said.

  • Reuters3 months ago

    U.S. LNG developers see possible opening from U.S.-China trade truce

    Companies proposing new U.S. liquefied natural gas export terminals expressed optimism on Monday the agreement between the United States and China temporarily halting the imposition of higher tariffs could help advance their projects. U.S. President Donald Trump and Chinese President Xi Jinping agreed on Saturday to a 90-day freeze on new tariffs to advance trade talks, declaring a truce following months of escalating tensions. The decision "is a positive sign that the development of U.S. LNG projects will not be detoured in the immediate term by any further trade conflicts," said Micah Hirschfield, spokesman for Liquefied Natural Gas Ltd, one of more than a dozen companies proposing new U.S.-based LNG export terminals.

  • Reuters3 months ago

    Asian LNG prices on downward spiral amid warm winter, high stocks

    Asian spot prices for liquefied natural gas (LNG) continued their downward spiral this week, falling to a four-month low as demand from top buyers Japan and China failed to materialise amid ample inventory. Spot prices for January delivery in North Asia were estimated at about $9.80 per million British thermal units (mmBtu), down 20 cents from the previous week, while spot prices for cargoes delivered in February were estimated at about $9.70 to 9.80 per mmBtu, according to trade sources. The market structure has flipped into a backwardated one, where prices for cargoes loading in the current month are higher than those loading in the forward months, making storage of the super-chilled fuel uneconomical.

  • Reuters3 months ago

    LNG Canada gets another buyer as Vitol inks supply deal with Petronas

    LONDON, Nov 29 (Reuters) - LNG Canada, the $30 billion liquefied natural gas (LNG) export project, has bagged another client after project shareholder Petronas signed an initial sales deal with trading ...

  • Reuters3 months ago

    Asian LNG prices dragged down by oil slide, heavy supply

    Asian spot prices for liquefied natural gas (LNG) tumbled nearly 10 percent this week to a more than three-month low, knocked lower by a slide in oil prices, forecasts for a warmer than average winter and ample supply onshore and in tankers. Spot prices for January delivery in North Asia were estimated at $10 per million British thermal units (mmBtu), 90 cents lower than last week, according to traders. Demand from end-users in North Asia remained muted while a big drop in Brent oil prices was causing jitters in the LNG market, trade sources said.

  • Global LNG: Asian spot prices retreat again as shipping clogs up
    Reuters3 months ago

    Global LNG: Asian spot prices retreat again as shipping clogs up

    Asian spot prices for liquefied natural gas (LNG) fell this week despite several Japanese buyers in the market, as sellers held onto cargoes hoping for higher bids and used tankers as storage, which also reduced ship availability for other deals. Spot prices for January delivery in North Asia were heard at $10.90 per million British thermal units (mmBtu), 30 cents lower than last week. For late December, spot prices were heard at $10.40 per mmBtu, although they were under the $10 mark for early December delivery weeks.

  • Does Liquefied Natural Gas Limited’s (ASX:LNG) CEO Pay Compare Well With Peers?
    Simply Wall St.3 months ago

    Does Liquefied Natural Gas Limited’s (ASX:LNG) CEO Pay Compare Well With Peers?

    In 2016 Greg Vesey was appointed CEO of Liquefied Natural Gas Limited (ASX:LNG). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then Read More...

  • In race to fill LNG supply gap, project goalposts have changed
    Reuters3 months ago

    In race to fill LNG supply gap, project goalposts have changed

    Royal Dutch Shell's final investment decision (FID) taken last month for a $30 billion LNG Canada project was a shot in the arm for the LNG industry, which is emerging from almost three years of low prices and investment. As a vote of confidence in the LNG market, Shell's decision is expected to get the ball rolling on a wave of approvals for dozens of similar projects around the world that have been planned for years but not yet finalized. Instead, Shell will absorb the cost into its budget and will effectively worry about the ultimate buyers later - as one of the largest corporate purchasers of LNG in the world, it can absorb the new volumes into its global portfolio.

  • Reuters4 months ago

    Global LNG: Asian spot price flat as bloated storage deters trades

    Asian spot prices for liquefied natural gas (LNG) were flat this week, at two-month lows, as bloated storage levels in the region left cargoes stranded and deterred trade. Expectations of a mild winter and higher nuclear generation in Japan, the world's largest LNG buyer, are weighing on prices after a frenzied September of buying by Asian utilities to replenish storage tanks left low after a hot summer. In China, state energy group CNPC said it finished injecting gas into its underground storage, with record volumes at more than 9 billion cubic metres by the end of October.

  • Reuters4 months ago

    Next-wave LNG race hits hurdles in U.S.-China trade war

    VANCOUVER/NEW YORK, Oct 30 (Reuters) - The delay of a U.S. Gulf Coast liquefied natural gas (LNG) export project has crystallized fears that the U.S. trade battle with China is hampering efforts to line up buyers needed to move ahead with multi-billion-dollar builds. The United States is positioning itself as the dominant provider of the supercooled fuel as Asian nations shift away from dirtier power sources like coal, and this month's approval of a giant Canadian project led by Royal Dutch Shell bolstered enthusiasm for the sector overall in North America. "Chinese LNG demand growth is the largest piece of demand growth out there, and Chinese buyers have got to feel reluctant to commit to U.S. capacity when the U.S. government sees trade as a means of exerting political leverage," said Bob Ineson, managing director of North American natural gas at IHS Markit.

  • Sarah Behbehani joins JERA trading as head of LNG
    Reuters4 months ago

    Sarah Behbehani joins JERA trading as head of LNG

    PARIS (Reuters) - Sarah Behbehani, previously head of liquefied natural gas (LNG) trading at Shell, has joined JERA, the world's biggest buyer of LNG where she will head the company's LNG operations. Behbehani ...

  • Shell's LNG Canada seen as tip of megaproject iceberg
    Reuters5 months ago

    Shell's LNG Canada seen as tip of megaproject iceberg

    The launch of a massive liquefied natural gas (LNG) export project in Canada has finally fired the starting gun on a wave of plan approvals around the world, needed to avoid a supply crunch after 2020. Royal Dutch Shell (RDSa.AS) said it would export LNG from Western Canada by 2025 after approving a $14 billion project, hot on the heels of Qatar's commitment last week to expand its facilities. The two announcements, adding 37 million tonnes a year (mtpa) to the 290 million tonnes traded in 2017, are just the start of project approvals - known as final investment decisions (FIDs) - that have been waiting in company drawers while LNG prices recovered from a three-year slump.

  • Moody's5 months ago

    Sempra Global -- Moody's confirms Sempra Energy at Baa1, outlook negative

    Moody's Investors Service ("Moody's") today confirmed the ratings of Sempra Energy (Sempra), including its Baa1 Issuer Rating and senior unsecured rating. This rating action concludes the review of Sempra's ratings initiated on 25 June 2018. Moody's also affirmed Sempra Global's Prime-2 short-term rating for commercial paper.

  • Reuters5 months ago

    LNG tanker Ougarta set to arrive at UK's Isle of Grain on Sept. 27

    OSLO (Reuters) - The liquefied natural gas (LNG) tanker Ougarta is due to arrive at Britain's Isle of Grain port on Sept. 27, Reuters shipping data showed on Monday. The tanker, which has the capacity ...