What Devon's Huge Write-Down Means for Natural Gas [View article]
Matgigem: Cheniere Energy, (Symbol is LNG) has asked the FERC for permission to re-ship Liq. NG out of the US. To send back to sender. But it could also be applied to excess NG. Apparently there are rules against this.
The stock has started to move up in anticipation of a favorable ruling.
What Devon's Huge Write-Down Means for Natural Gas [View article]
The stock has started to move up in anticipation of a favorable ruling.
My opinion.
What Devon's Huge Write-Down Means for Natural Gas [View article]
Should not will. I expect a move down to a minimum of $4.
Nat Gas stocks will be negatively impacted. If any kind of LNG transportation occurs, it will be from the US not to the US.
What Devon's Huge Write-Down Means for Natural Gas [View article]
IMO