3/25/11: LNG Exposure
UK-based energy giant BG Group (LSE: BG, OTC: BRGYY) stands to benefit in the near term, as Japan–already one of the world’s leading importers of LNG–seeks to offset nuclear power capacity damaged by the recent earthquake and tsunami. Producers that have the flexibility to divert LNG cargoes from markets with less-remunerative pricing dynamics stand to reap the rewards of a substantial pricing premium, on top of already attractive, oil-indexed prices.
With a number of near-term catalysts likely to buoy the stock and exposure to attractive long-term growth trends, BG Group–a new addition to the Wildcatters Portfolio–rates a buy under GBp1,650 on the London Stock Exchange or USD133 in the over-the-counter market.
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With a number of near-term catalysts likely to buoy the stock and exposure to attractive long-term growth trends, BG Group–a new addition to the Wildcatters Portfolio–rates a buy under GBp1,650 on the London Stock Exchange or USD133 in the over-the-counter market.
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