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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (192039)9/22/2022 3:15:44 AM
From: TobagoJack  Read Replies (1) | Respond to of 217764
 
Re <<LNG tankers>>

Agnostic. Miss the boat (alert: pun pun pun). and not in the trade. But let's watch and learn

finance.yahoo.com

10 LNG Shipping Stocks to Buy Now

April 12, 2022
In this article, we discuss the 10 LNG shipping stocks to buy now. If you want to read about some LNG shipping stocks, go directly to 5 LNG Shipping Stocks to Buy Now.

As energy transitions become the primary concerns of countries around the world, the role that liquified natural gas (LNG) could play in this regard is becoming more important and better understood. According to a report on the LNG outlook for 2022 by energy giant Shell, switching just 20% of coal-fired power in Asia to LNG would save the energy equivalent of all emissions from Germany. Similarly, in the transport sector, switching 10% of heavy goods vehicles and 10% of the shipping fleet to run on gas could potentially save energy equal to taking around 16 millions cars off the road.

As policymakers come to term with this idea, the LNG market is buzzing. In 2021, amid a broader price boom in the energy sector due to supply and demand issues, the global trade in LNG climbed to 380 million tons, an increase of around 6% compared to 2020. China, the manufacturing hub of the world, was the largest importer of LNG with 79 million tons imported during the year. US-led shale firms, meanwhile, were some of the biggest exporters of LNG as US LNG exports climbed by 24 million tons in 2021.

In 2022, the LNG market is expected to continue on a growth trajectory as it replaces dwindling domestic gas production in Asia, demand surges due to the Russian invasion of Ukraine in Europe, and increased efforts to decarbonize the LNG supply chain start to bear fruit. Some of the top LNG stocks to buy now in this context include Exxon Mobil Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), and ConocoPhillips (NYSE: COP), among others discussed in detail below.

Our Methodology

The companies that operate in the LNG shipping sector were selected for the list. The analyst ratings, business fundamentals, and growth catalysts of the stocks are also discussed to provide some additional context to readers.