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Any thoughts on Nat gas stocks, what are some good nat gas plays in the market and where is the market going
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Re: nat gas stocks
There are LOTS of different ways to play Nat Gas.
First, you can trade the commodity w/o being a futures trader by buying UNG. This is a stock that tracks the price of the commodity itself. Of course, with the recent pull back in energy prices, this isn't a really bullish looking stock right now.
Many stocks are going to follow that price pretty closely, so many of the stocks are bearish right now. If you like to bottom fish and average down then I guess they could be considered buys right now. There are more of these stocks then you can imagine, I try to stick with liquidity so you could check out CHK, CEG, GSX if you want a really cheap one, or HK (confirmed 955 billion cubic feet of nat gas still in their ground) just to name a few.
CLNE is getting a lot of attention lately and the stock is thru the roof but needs a pull back before a buy should be considered.
And my favorite for a while now has been FSYS. These guys make conversion equipment and have been doing awesome and will continue to do well as interest in NGVs continues to grow.
Now, if you want to be really forward thinking, check out HYHY. These guys will do well as we move more towards hydrogen cars. It trades on the pink sheets so who knows if they will still be in business next week but their doors are open today ...
I've attached some charts for those interested. -
Re: nat gas stocks
CLNE (Clean Energy), CHK (Chesapeake), FSYS (Fuel System Solutions), WPRT (Westport Innovations - gaseous fuel engineering partner of Cummins)
That should cover it.Comment
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Did anyone triple their money with Westport (WPRT) stock going from $.83 to $2.40 in the last 4 months? I had an in-law who claimed penny stocks were the fast lane to wealth, but I am unfamiliar with stock trading..Comment
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Shares of Westport (WPRT) have climbed above $3 after dipping below $1 in March this year. But Clean Energy Fuels (CLNE) set a new low last week, trading below $2. And Chesapeake has lost half its value over this year with a steady decline to around $4..Comment
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Westport Fuel Systems Inc (GLOBE NEWSWIRE) May 17, 2018 - Westport Fuel Systems Announces Agreement to Sell CNG Compressor Business to Snam S.p.A., a leading European gas utility company, for 12.5 Million Euro. The divestiture is consistent with Westport Fuel Systems strategy to streamline its business and product lines and focus on supplying alternative fuel vehicle components and systems to the transportation industry.
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Zach's has WPRT as a #2 Buy:
But the company is still betting on LNG for trucking with "HPDI2" -- which was essentially proven to be a huge losing gamble years ago for them and CLNE.
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Betsy Lillian for NGTNews May 10, 2018 - French oil and gas supermajor Total SA has agreed to purchase up to 50.8 million shares of Clean Energy common stock for $83.4 million, becoming Clean Energy s largest stockholder, with ownership of 25 percent of Clean Energy s outstanding shares of common stock. Stock is now trading in the mid $2 range after spending the last four months about a dollar lower.
Clean Energy, with support from Total, plans to launch a leasing program that is intended to place thousands of new natural gas heavy-duty trucks on the road. Total intends to provide up to $100 million of credit support for the program, which the companies expect to launch in the third quarter of this year.
Total believes there is a strong development opportunity in the natural gas for transportation market – in particular, in the United States, which benefits from unique, giant, low-cost gas resources. Total is looking forward to partnering with Clean Energy to accelerate the remarkable innovation capacities of this company.
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Here it is Jan 2019 and shares in the natural gas transportation stocks are still trading at $2-$3 (WPRT $1.69 CLNE $1.98 CHK $2.97). But Cheniere (LNG) has climbed 20 percent from the start of the year to return to 5 percent under where it was Sept 2018..Comment
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Clean Energy Sustainability Goals Outline Road to 100 percent Renewable, Zero-Carbon Fuel 20 Years Ahead of California’s Electric Grid.
In 2018, Clean Energy delivered 110 million gallons of Redeem (TM), which represents a 40 percent increase in volume, and 53 percent of the RNG delivered in the market today.
Redeem (TM) is a renewable natural gas (RNG) that has significantly lower greenhouse gas emissions than diesel and gasoline. It is even cleaner than electric vehicles, when considering how the electricity is produced.
CLNE stock jumped 12 percent Feb 20 2019 and another 25 percent March 13 on 4Q earnings report:
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It is surprising to me that, I seem to recall, the vision Pickens had when Clean Energy built out the American Natural Gas Highway in 2011 was to use the abundant (fossil) natural gas in North America - not bio-gas as now seems to be the corporation s focus. Would still be a good plan since it comes out of the ground anywhere oil drilling is done and can not otherwise be stored, practically, in refinery tanks like crude oil can (as of 2018 it can be exported as LNG.)
my simple brain can t get around how electricity could cost less per unit of energy, in a vehicle, than natural gas since a (natural gas) power plant has to be built for a billion dollars (yes, a good ball-park figure) to produce the electricity. (natural gas fell below the price of coal in 2014.) Just saying . . .
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The main argument for electric vehicles providing a more cost-effective mode of transportation is in the energy efficiency on the vehicle its self. CARB estimates an electric vehicle is 3.3x more efficient with the on-board energy than a gasoline or CNG vehicle with all of its inefficient heat rejection from internal combustion. So even with the costs associated with converting nat gas to electricity, and transmitting it to the vehicle charger, electric vehicles are thought to be more efficient as compared to the original nat gas energy source being compressed and combusted.Comment
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ok no waste heat from a power plant.LOL lets see large pumps to move water to condense steam back to condensate more pumps to feed condensate back in to the boiler. really big blowers hundreds if not thousands of horsepower just to blow air in . it was a long time ago when we were kids we would go river by the power plant because the water was a lot warmer. it takes a lot of btu's to heat a river. than the loss during transmission. of power. I call bsComment
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