These LNG Stocks Have Doubled and Could Rise Even More
In this environment, let us take a look at two natural gas names, Golar LNG and New Fortress Energy, which have already more than doubled in 2022 alone and could rise even further. Is LNG a Good Investment? Stocks in the LNG production and transport space have been flying high this year as natural gas prices continue to stay elevated owing to buoyant demand, hot weather, and the ripples from the Ukraine-Russia conflict. After already lowering volume from the Nordstream pipeline, Russia is set to halt gas flows for three days this month for maintenance. While natural gas futures prices are up nearly 143% in 2022 alone, the U.S.
These LNG Stocks Have Doubled and Could Rise Even More
In this environment, let us take a look at two natural gas names, Golar LNG and New Fortress Energy, which have already more than doubled in 2022 alone and could rise even further. Is LNG a Good Investment? Stocks in the LNG production and transport space have been flying high this year as natural gas prices continue to stay elevated owing to buoyant demand, hot weather, and the ripples from the Ukraine-Russia conflict. After already lowering volume from the Nordstream pipeline, Russia is set to halt gas flows for three days this month for maintenance. While natural gas futures prices are up nearly 143% in 2022 alone, the U.S.