LNG Shipping: A Correction Will Likely Come To The Great Sector

Nov. 22, 2022 3:19 AM ETBP, CPLP, CVX, DLNG, GLNG, GLOP, NFE, SHEL, EE, FLNG10 Comments
Tomas Novotny profile picture
Tomas Novotny
298 Followers

Summary

  • Stocks of companies from the LNG shipping sector have risen since January 2022.
  • Data shows that a short correction should come now.
  • FLEX LNG and Excelerate Energy: Two companies that may be attractive for investment after this correction.

LNG tanker in port at night. Gas carrier at the GAS terminal

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Overview & Data

Capital markets are now pretty uncertain, but there is an industry that has successfully resisted these negative times so far. It is the maritime transportation of LNG (Liquefied Natural Gas).

While the S&P 500 lost 15% since

Chart of the UP World LNG Shipping Index and S&P 500 index

Chart of the UP World LNG Shipping Index and S&P 500 index (UP-Indices.com)

Chart of the UP World LNG Shipping Index, S&P 500 index and Natural Gas

Chart of the UP World LNG Shipping Index, S&P 500 index and Natural Gas (UP-Indices.com)

Chart of the Bollinger Bands of the UP World LNG Shipping Index

Chart of the Bollinger Bands of the UP World LNG Shipping Index (UP-Indices.com)

Fixture of the FLNG vessels

Fixture of the FLNG vessels (Flex LNG Ltd. (Q2-22 presentation))

Table of contracts od FLNG vessels

Table of contracts od FLNG vessels (Flex LNG Ltd. (Q3-22 presentation))

Excelerate Energy Q3-22 Revenues

Excelerate Energy Q3-22 Revenues (Excelerate Energy, Inc. (SEC filling))

A map of FSRUs of Excelerate Energy location

Excelerate Energy around the World (Excelerate Energy, Inc. (Q2-22 presentation))

This article was written by

Tomas Novotny profile picture
298 Followers
6/2022 - now: Member of Society of Technical Analysts in UK 9/2016 - now: UP forum s.r.o. 3/2016 - now: LNG shipping investor 7/2009 - now: Private investor at Warsaw Stock Exchange 11/2006 - now: Board Member of Czech National Association of Technical Analysis 2/2011-6/2016: Board Member at Financial Progress Group a.s. 1/2003-4/2013: Head of Sales and Marketing, Theatre Na zábradlí, Prague 2004-2010: Master degree of Arts Management at Academy of Performing Arts, Prague

Disclosure: I/we have a beneficial long position in the shares of FLNG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I also write put and call options on mentioned companies.

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