Aug. 12 at 8:32 PM
$LNG reminds me of Money Ball, that they don't know how to value companies.
People think that
$LNG is a NG producer and should be pegged to NG prices
Infact
$LNG uses Natural gas to liquefy the natural gas.
Also the cheaper NG is the more countries will sign long contracts with
$LNG.
Even if Russia agrees to a cease fire or peace deal. It is unlikely NATO countries will buy less from
$LNG.
Maybe some BRICS countries won't sign contracts but
$LNG is set to make a lot of money for a decade. Its possible Nuclear will replace NG as the future of power generation but
$LNG will make 3x its market cap by then.
TL:DR
$LNG is cheap because Natural gas prices are low.
$LNG is a delivery company with long term contracts. They don't produce Natural gas they just move it.
