GasLog Ltd.: World-Class LNG Shipper Offers Recession Hedge Alongside Solid Growth

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About: GasLog Ltd. (GLOG)
by: Alex Behrens
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Alex Behrens
Value, research analyst, Growth
Summary

GasLog operates a modern fleet of liquid natural gas transport ships, with a large majority of its ships signed to long-term charter agreements.

LNG demand has been, and will remain, robust for at least the next decade, offering investors a hedge against recession alongside both income and growth.

As supply and demand growth for LNG smooth out, shipping operators become more like utilities that must guard against idle capacity.

Investors should buy GLOG now while downside risk is low in anticipation of growth in share prices and income distributions.

Introduction

GasLog Ltd. (GLOG) operates a fleet of liquid natural gas (LNG) shipping vessels. Currently comprised of 13 ships, GLOG will add seven ultra-modern new vessels to be delivered in 2020 and 2021.