LNG Stock Forecast: Cheniere Tops Energy Sector With 39.10% Stock Increase

LNG Stock Forecast

This article was written by Graham Ellinson, a Financial Analyst at I Know First currently studying Mathematics at Northumbria University Newcastle.



  “Now, more than ever, it is crucial that the United States use its abundant energy resources to support friends and allies abroad” - Sean Strawbridge, CEO of the Port of Corpus Christi

Summary

  • Cheniere Energy, Inc. (Ticker: LNG) shares have been trading -8.94% off its 52 week-peak
  • LNG accounts for only a small amount of the global crude oil market it is estimated to amount for 10% of the crude oil market by 2020.
  • China imposed a new 10 percent tariff on all U.S. imported LNG, lowed than the original 25% touted.
  • Current I Know First Forecast remains bullish on Cheniere.

Source: Flickr

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Winning Stock Forecast: VAALCO Energy, Inc. (NYSE: EGY) Returns up to 174.55% in 3 months

(Source: Wikipedia)

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1984 and is headquartered in Houston, Texas.

The reason lies in the company’s outstanding growth results in Q1 2018 with the following highlights:

Completed Workover operations on the Avouma 2H and South Tchibala 1-HB wells

These workovers were conducted safely

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