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Good Week For LNG Stocks (UP LNG Shipping Indices)

|Includes: Dynagas LNG Partners LP (DLNG), FLNG, GLNG, GLOG, GLOP, GMLP, HMLP, TGP

UP indices grew only 3.3 points, but stocks have potential to grow now.

Volume was low again.

Values of UP LNG Shipping Indices for 5th July

UP Total Return Index 1.66
weekly change +3.38
UP Simple Price Index -243.94
weekly change +3.38
UP Preferred Simple Price Index -118.75
weekly change +23.45
UP Volume Trend Index 142.8
weekly change -907.55

(source: author)

It was quite sucesfull week for LNG shipping stocks, despite UP LNG indices gained only 3 points.

Many stocks opend above previous week close and went down, but rose at the end of week. A lot of them is set to rise again.

I am long in GasLog (NYSE:GLOG) with options, but Gaslog LNG Partners (NYSE:GLOP), Golar LNG Partners (NASDAQ:GMLP), Höegh LNG Partners (NYSE:HMLP), Teekay LNG Partners (NYSE:TGP) have also potential to grow now.

(source: author)

U.S. stocks represented by etf SPY rose too, what was the main reason for LNG stocks. The only trouble is low volume. That relativize all expectation.

(source: author)

Dynagas LNG Partners (NYSE:DLNG) should inform about the distribution for Q2 in coming weeks. The best decision would be cutting the distribution and repaying the debt. That would allow the common stocks to grow a bit.

(source: author)

Preferred stocks rose too with both Dynagas.

LNG Highlights

Disclosure: I am/we are long DLNG, GMLP, GLOG.

Additional disclosure: I also have small positions for study purposes in each of seven stocks included in UP LNG Shipping indices.