GMLP. Staring, you may have read the recent discussion here about ng and pipelines. SE, for example, with pipelines from Houston up to New York, etc. I'm interested in ng/lng though that's going to be exported. We (USA) seems to have lots of ng and world demand seems like it could use our lng if we could get it to other countries at a reasonable price. So I am looking at companies that compress the stuff and ship it.
There are two companies that I found that I'm interested in Golar and Teekay. (There might be others - these are the ones I've seen though.)
There are two issues I'm having with these companies. First, some of the stocks took a severe beating earlier this year. They've come back up now. I wonder if buying/holding at this point is too late. Or too risky, that they might fall back yet again. I don't understand the situation well enough. Which is the second issue: These companies are split into general partner and other company(companies), and I don't seem able to have patience/skill/determination to wade through all the details to see which part owns what, what the financial relationships are, and which have the better prospects vis-a-vis shipping natural gas. GLNG is teaming up with Schlumberger in a joint venture, so that's a positive for GLNG future prospects, in my view. "The objective of the project is to help monetize natural gas reservoirs that are categorized as stranded. Basically, they are significant resources, but not large enough to justify large, stationary LNG facilities."
You have GMLP. That has a great distribution. I have GLNG (a few shares, losing position)
I have TOO, TOO-pb, and am watching TGP.
I'm betting as more ships are fitted for lng and put on long term contracts (which I hope happens), the stocks will improve. This might be a 2018 play.
If anyone else here is following Golar or Teekay (or other lng carriers) and has an opinion regarding any of the stocks mentioned, I would like to hear it.
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