LNG Stock Recent News

With natural gas price action remaining positive but volatile, we recommend investors hold onto companies with strong fundamentals, such as CTRA and LNG.

TORONTO, May 31, 2024 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Company” or “LNG Energy Group”) is pleased to announce the results of its annual general and special meeting of shareholders held on May 31, 2024. All resolutions presented to the shareholders were approved with over 97% of votes cast being in favour of each resolution (see the SEDAR filing of the Company's Information Circular, dated April 29, 2024).

Key Highlights: Operating netbacks of U.S.$5.28/Mcf natural gas and $56.58/bbl condensate ($31.23/boe). Repayment of U.S.$8.9 million in senior bank indebtedness to date.

A small pension fund recently outperformed larger peers by making strategic portfolio adjustments aligned with big-picture trends. This approach led to impressive returns, proving the value of smart, focused investments. The fund emphasized avoiding losses and predicting economic shifts, investing in alternative assets at opportune times. This strategy resulted in significantly better performance compared to other national pension funds. Inspired by this, I've identified three stocks that align with major trends like energy demand, inflation, and defense modernization. These stocks offer attractive valuations, dividend growth, and long-term potential.

While the natural gas rig count is down to its lowest since October 2021 and price action remains positive, there are enough uncertainties in the market. We suggest holding onto stocks like CTRA and LNG.

Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) reports Q1 2024 (“Q1” or “the quarter”) Net income attributable to Golar of $55 million inclusive of $6 million of non-cash items 1 , and Adjusted EBITDA 1 of $64 million. FLNG Hilli maintained 100% economic uptime and market leading operational track record.

British energy infrastructure operator National Grid said on Thursday it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe's largest such facility, in a bid to streamline operations.

Morgan Stanley strategist Mike Wilson boosts S&P 500 target to 5,400 from 4,500, becoming more bullish. Despite the adjustment, Wilson still warns of the risks of a recession. In light of the market's strength, I present three high-flying dividend growth stocks that I expect to continue to perform very well.

TORONTO, May 21, 2024 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Company” or “LNG Energy Group”) is excited to announce a bold new chapter. Our refreshed brand highlights our extensive operational and capital market experience in the energy sector and underscores our dedication to providing resources reliably and sustainably. In addition, LNG Energy Group is pleased to announce it has launched a new website at www.lngenergygroup.com.

Here is how Dynagas LNG (DLNG) and Matson (MATX) have performed compared to their sector so far this year.