Message Font: Serif | Sans-Serif
No. of Recommendations: 1
In the meantime, LNG, i.e. Cheniere Energy, Inc., owner of Sabine Pass, keeps going up,
up, and away.

I'd be curious to hear your Cliff notes explanation for this if you have one. I don't follow the company, but I thought I understood the basic story was that they signed contracts covering most of the capacity and it was all Henry Hub plus a predetermined mark up.

If that is the case, I'm confused as to what would justify the continued appreciation in the share price. I would think beyond the "they are not going bankrupt" trade, eventually they should settle into a reasonable price dictated by capacity and those contracts.

Nice run though, whatever the reason.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.