Any investors in CNG

[jonas20]

Is anyone here investing in CNG and if so with what company? There doesn't seem to be a ton on the main US exchanges, MGS maybe?

[echamberlain]

Re: Any investors in CNG

Encana has done pretty well. I invested in them because of a CNG storage project they were working on, it happened to be a month before Katrina.

[Beej]

Re: Any investors in CNG

I'm long UNG. Might as well play the commodity rather than deal with an individual company. (I'm also long USO, have been for a while. My way of making up for the fuel costs in my wife's car.)

[300mileclub]

ENCANA using natural gas to power drilling rigs

http://business.financialpost.com/2012/03/22/lng-powered-shale-drilling-reduces-fuel-costs-encana/?__lsa=6cd588f8

LNG-powered shale drilling reduces fuel costs: Encana
Bloomberg News Mar 22, 2012 By Jeremy van Loon

Using liquefied natural gas to power drilling rigs instead of diesel can reduce fuel costs by almost half and cut so-called greenhouse gas emissions, according to an Encana Corp. pilot project.

Encana, Canada’s largest natural-gas producer reduced fuel costs 47%, or $830,000, compared with diesel use, at a shale-gas drilling site in the Haynesville formation which spans the border of Texas and Louisiana, David Haugen, who heads Encana’s market development for gas strategic planning, said in an interview.

The savings were based on consumption of almost half a million gallons of fuel and average prices of diesel of $3.28 a gallon and $1.11 a gallon for LNG over a period of about 160 days. The company plans to use LNG at more of its operations, said Haugen...

[ktrimble]

Re: ENCANA using natural gas to power drilling rigs

I bought shares in Westport and in Clean Energy Fuels.

[heypictureman]

Re: ENCANA using natural gas to power drilling rigs

As much as I hate them Clean Energy (CLNE) has done well the last few months. I hate paying their pump prices but at least I'm making it back on thier stock.

[300mileclub]

July 15 2016 Clean Energy Fuels Corp. announced that it issued 14M shares of common stock and took other actions which resulted in retiring all 2016 Notes. It has $182M in cash and short-term investments going forward. Clean Energy operates 212 CNG and LNG public stations among the 550 stations it manages.

https://www.cleanenergyfuels.com/press-room/clean-energy-fuels-corp-retires-2016-debt-stock-cash-2/

“We have achieved several significant milestones in the last six months, including retiring all the 2016 Notes, repurchasing over $65 million of the 5.25% Convertible Notes due 2018, cutting capital expenditures and reporting improved financial results,” said Andrew J. Littlefair, president and CEO of Clean Energy. “We completed the build-out of the initial phase of our America’s Natural Gas Highway and will continue to focus on leveraging our existing infrastructure with new customers and expanding with our existing customers. I’m proud that the Clean Energy team has been able to accomplish so much despite the competitive environment of low oil prices the last few years. I remain optimistic about the future as more and more fleets are realizing the environmental and cost benefits of natural gas fuel.” - See more at: https://www.cleanenergyfuels.com/pre....mh96IPes.dpuf

[300mileclub]

CLNE stock has climbed back to the price it was trading at a decade ago.