Bulletin Empire
  • Home
  • Politics
  • World
  • Business
  • Finance
  • Science
  • Technology
  • Arts
  • Lifestyle
  • Real Estate
Bulletin Empire
  • Home
  • Politics
  • World
  • Business
  • Finance
  • Science
  • Technology
  • Arts
  • Lifestyle
  • Real Estate
No Result
View All Result
Bulletin Empire
No Result
View All Result

Jim Cramer’s 5 Picks for Liquified Natural Gas Stocks

Logan by Logan
September 1, 2022
in Stock Markets
0
Jim Cramer’s 5 Picks for Liquified Natural Gas Stocks

Image Source- Venture Daily News

399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter

Jim Cramer of CNBC on Wednesday gave a brief overview of five liquified natural gas-related companies that he thinks could be good long-term investments.

Building positions “in companies with exposure to powerful long-term themes, like the rise of LNG,” the “Mad Money” host advised investors to do when the market becomes difficult. “I think this will be one of the best stories of the next decade, regardless of what the Fed’s doing right now or [Russian president Vladimir Putin] is doing for that matter.”

Cheniere Energy (LNG)

Image Source- Fran Ruchalski/The Enterprise

A pioneer in the LNG sector, Cheniere is “on track to make $8.62 per share this year, [with] that number expected to grow to $16 in 2023,” Cramer said. “Of course, the stock’s had a huge run, up 59% year-to-date, but if you believe Cheniere can hit the estimates, then the stock remains pretty darn cheap, trading at just 10 times next year’s numbers. But some of that’s because this is temporary and the analysts expect the earnings to pull back to around $12 in following years, although it’s still fairly cheap on that number, too.”

Tellurian (TELL)

Tellurian is “not expected to begin shipping liquefied natural gas until 2026, but they finally started building their first facility in Louisiana earlier this year,” said by Cramer.

“This makes Tellurian inherently speculative, though, and they’ll probably have to do more than one round of fundraising between now and 2026 to keep everything on track,” stated Cramer. He continued, however, that Tellurian’s vision becomes “more realistic” the longer Russia’s invasion of Ukraine goes on and hinders the flow of gas to Europe.

In April, Cramer said he advised his audience to watch for a decline in Tellurian stock. It was trading at roughly $6 per share at the time. At the current share price of $4, Cramer stated that he believes it is a good time to buy. He added that Tellurian’s co-founder and executive chair, Charif Souki, is also a co-founder of Cheniere.

Sempra Energy (SRE)

Image Source- Reuters

While Cheniere and Tellurian are more pure-play LNG firms, Sempra Energy is “more of a diversified utility with a liquefied natural gas export kicker,” Cramer said.

“We’ve got Sempra in the bullpen for the Charitable Trust. … We’re just waiting for a pullback to buy this one because they reported a great quarter. This is the right time to own a utility,” stated Cramer.

Excelerate Energy (EE)

Image Source- Excelerate Energy

The startup Excelerate Energy went public in the middle of April, according to Cramer, who called it “the rare recent IPO I can get behind.” The business “owns a fleet of ships that work as floating LNG import facilities. If you want to start importing this stuff, Excelerate’s the cheapest and fastest way to do it,” Cramer gave an explanation.

“Now, the stock had been on a nice roll, but in recent weeks it’s been clobbered, including a nasty 8% decline just yesterday, possibly because European regulators started talking about imposing price controls on natural gas,” Cramer said. “Still, Excelerate’s started making deals with European countries that desperately need energy. Even before that, they had 223% revenue growth in the second quarter, but now you’re basically getting that quarter for free.”

However, Excelerate is a little more speculative, so Cramer did warn that it would be best for younger investors who can take on more risk.

Enbridge (ENB)

Image Source- Sarnia-Lambton Economic Partnership

“While this company’s basically a toll road operator for energy, they’ve also got a number of irons in the fire for liquefied natural gas,” Cramer said. Just over a month ago, Enbridge announced a partnership with Pacific Energy to build an LNG export terminal in British Columbia. Plus, their pipeline network transports a great deal of the gas that goes to other people’s export terminals. The rise of this sub-sector is terrific for their core business. It may take a long time to kick in, but Enbridge is paying you to wait with that 6.3% yield.”

Tags: 5 liquified natural gas stocks for the long haulanalysts expect the earnings to pull backbullpen for the Charitable TrustCheniere Energydeals with European countriesdesperately need energydisrupts European gas supplydiversified utility with a liquefied natural gasEEENBEnbridgeEnbridge is paying you to wait with that 6.3% yieldExcelerate EnergyExcelerate is slightly more speculativeExcelerate’s the cheapestfleet of shipsfloating LNG import facilitiesimposing price controls on natural gasinvestors should look to capitalizeJim Cramerliquefied natural gasLNGLNG importLNG industrymarket gets challengingPacific Energy to build an LNG export terminalpioneer in the LNG industrypowerful long-term themespure-play LNG companiesrare recent IPOrise of LNGSREstock remains pretty darn cheapTELLTellurian inherently speculativeTellurian sharesterrific for their core businesswhat the Fed’s doing right now
Previous Post

Busted! The Google Flights Myth That’s Been Costing You Money

Next Post

Most 401(k) Investors Haven’t Changed Their Portfolios Despite Recession Fears

Next Post
Most 401(k) Investors Haven’t Changed Their Portfolios Despite Recession Fears

Most 401(k) Investors Haven't Changed Their Portfolios Despite Recession Fears

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

3 Smart Steps to Take If You Have $1,000 in the Bank
Make Money

3 Smart Steps to Take If You Have $1,000 in the Bank

by Logan
October 20, 2022
0

You're missing out if you keep a lot of money in your bank account. A significant accomplishment is amassing $1,000...

Read more
8 Legit Ways to Make Extra Cash

8 Legit Ways to Make Extra Cash

October 20, 2022

Category

  • Arts
  • Business
  • Economy
  • Entertainment
  • Finance
  • Lifestyle
  • Make Money
  • Politics
  • Real Estate
  • Science
  • Sports
  • Stock Markets
  • Technology
  • Uncategorized
  • World

Follow Us

  • Contact Us
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms & Conditions

© 2022 Bulletin Empire - All rights reserved by Bulletin Empire.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Finance
  • Science
  • Technology
  • Arts
  • Lifestyle
  • Real Estate

© 2022 Bulletin Empire - All rights reserved by Bulletin Empire.