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re: Lnglf.....who has been stocking up?

Posted on 8/4/18 at 8:06 pm to
Posted by The Boat
Member since Oct 2008
164089 posts
Posted on 8/4/18 at 8:06 pm to
quote:

Lnglf.....who has been stocking up?


Woof.. I'll stick with TRCH for my shite arse hail mary energy stock.
Posted by L S Usetheforce
Member since Jun 2004
22754 posts
Posted on 8/5/18 at 1:20 pm to
Do you playa...we weren’t asking for your advice.
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 8/7/18 at 8:55 am to
Looks like both symbols lf and ly got gutted.
Was there some decision made? Things not looking good.
Posted by Linkovich
crater lake
Member since Feb 2007
9541 posts
Posted on 8/8/18 at 9:09 am to
It was up 14 cents on Friday, down 10 yesterday and on the up today. For as static as it has been, quite a bit of movement both ways.
Posted by L S Usetheforce
Member since Jun 2004
22754 posts
Posted on 8/8/18 at 10:38 am to
There is definitely volume moving and I see that as a good thing.
Posted by Linkovich
crater lake
Member since Feb 2007
9541 posts
Posted on 8/8/18 at 10:52 am to
With zero news coinciding with the jumps in price, it’s interesting. Your FID prediction would make for some very good news.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14048 posts
Posted on 8/8/18 at 9:56 pm to
They tried selling it down overseas tonight. It rebounded nicely and is still climbing.

Up 8% after being down almost 3%

Edit. Have up it's gains. I'd say it's doing well holding off some of the sellers. It'll be interesting to see if they come through for the end of the year FID as the mention
This post was edited on 8/9/18 at 2:38 am
Posted by Linkovich
crater lake
Member since Feb 2007
9541 posts
Posted on 10/12/18 at 8:36 am to
FID possible in beginning of 2019 and other updates

One thing that seems to be different is the necessity for contracts for the full 8 million ton capacity. Article says they’ll begin with 6 in contracts.
Posted by Roberteaux
mandeville
Member since Sep 2009
5809 posts
Posted on 10/12/18 at 11:04 am to
bought some at .45
Posted by KTrahan
Texas
Member since Jun 2018
5 posts
Posted on 10/29/18 at 5:40 pm to
?????????? What the hell is going on?!?
Posted by L S Usetheforce
Member since Jun 2004
22754 posts
Posted on 10/30/18 at 10:03 am to
Delayed fid from December 18 to 3/19
Posted by thatguy777
br
Member since Feb 2007
2384 posts
Posted on 11/12/18 at 11:35 am to
LINK

Interesting Reuters article. I do not think this bodes well for LNGLF. Basically says long term contracts to purchase the gas are not happening anymore. My understanding is in the past these contracts have typically been used to get financing to build the facility.
Posted by L S Usetheforce
Member since Jun 2004
22754 posts
Posted on 11/12/18 at 12:31 pm to
Disagree...magnolia as whole is ahead of everyone seeking tolling agreements.

This bodes bad news for newcomers....

Lake Charles folks all remain optimistic....

The premise of the article is the race is on and if you don’t have federal clearances you are way behind the 8 ball right now
This post was edited on 11/12/18 at 12:32 pm
Posted by sneakytiger
Member since Oct 2007
2472 posts
Posted on 11/12/18 at 2:48 pm to
The premise of the article is that LNG buyers no longer want to or have to commit billions to long term (20 year) firm purchase or tolling agreements. There is a coming supply gap but buyers are demanding producers and marketers step up to fill it. Shell going FID on their Canadian project on their own nickel proves that story.
Posted by L S Usetheforce
Member since Jun 2004
22754 posts
Posted on 11/12/18 at 3:13 pm to
Shell is an outlier and maybe futures say so. But we are talking 4 million tons per year needed to close fid.
Posted by MorgusTheMagnificent
Louisiana
Member since Dec 2014
1852 posts
Posted on 1/9/19 at 12:02 pm to
10% bump. News that Saudi Arabia is looking to invest bigly in US LNG
Posted by sneakytiger
Member since Oct 2007
2472 posts
Posted on 2/6/19 at 10:24 am to
Exxon and Qatar's Golden Pass project got FID yesterday, again, without a single customer commitment.
Posted by L S Usetheforce
Member since Jun 2004
22754 posts
Posted on 2/6/19 at 10:28 am to
How did they pull that off? Deep pockets I guess
Posted by sneakytiger
Member since Oct 2007
2472 posts
Posted on 2/13/19 at 4:13 pm to
Have not read it yet but here's a post on RBN's blog about the project LINK
Posted by thatguy777
br
Member since Feb 2007
2384 posts
Posted on 2/13/19 at 6:23 pm to
Any update on Magnolia? FID still March 19? Heard from someone today that thinks it will get the green light but not a reliable source
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