NGV Investor
Oil & gas, small-cap, long-term horizon

Hexagon Composites Is So Much More Than Just An NGV Play

In my first article about Hexagon Composites ASA (OTC:HXGCF, HEX.OL) I introduced the company, the business areas it is involved in and I also looked at key valuation data.

I am positively surprised by the amount of direct feedback I have received. It seems that a lot of institutional and private investors are looking for opportunities to invest in companies that are benefiting from the NGV boom in the U.S.

Hexagon Composites (hereinafter only referred to as Hexagon) announced on 16 January that it has decided to sell its Hexagon Devold division. This did not come as a surprise as the division has been up for sale for the past 6-9 months. Sales proceeds will provide approx. $20...

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