Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Is There Enough Gas In The Tank To Take CB&I Back Up?

The opportunity to leverage plentiful U.S. low-cost natural gas reserves into LNG exports is real and CB&I (NYSE:CBI) has built itself into one of the best engineering, procurement, and construction companies in that space. Along the way it has also positioned itself as a strong player in chemicals and power, as well as a provider of process technologies for the chemical, refining, and gas processing markets.

CB&I has over 10 quarters of revenue already in the order book, and there is still the possibility (if not probability) of additional awards in LNG, chemicals, and OUS power plants. The catch, as is so often the case, is in the valuation. There's a pretty long record of EPC companies trading...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details