Everything related to O&G is going to get crushed this week.

I just hope that GOM region doesnt get hit as hard as the shale plays. I am afraid that things are going to get ugly for the O&G industry.

$1.87 Ouch!!!

iheartradio, Michael Berry Show, December 3rd episode at 6pm. It's about 30mins of an interview with the ex shell CEO. Really good stuff


Sent

Is this still a good buy at nearly $2.00?

Yea if you plan on holding for a few years


I have a guy feeling we are about to hit. 2008 all over again

Oil dropping = market dropping = job losses = Obama happy

Lets just hope they don't scrap the project all together or put it on the back burner till things get better. They won't be able to get long term contracts right now anyways.

If they announce they are putting things on hold, this stock will be back at .50 cents quick.

Finally back in the black on this one today...Barely but, I'll take it!

Not trying to stir things up, but was it this project that got put on hold in the Lake Charles area???
I read something a couple weeks ago.

I think what got put on hold was part of the sasol expansion

^^this

Yea, they are only going to spend 8 Billion now

Starting to catch traction again. What are some thoughts on where it will go from $3.50? Anyone see it hitting $4.50 again soon?

I pray it hits $4.50

What about this? Is it possible they could scratch the whole project?


https://m.moodys.com/mt/www.moodys.c...n_jtt_redirect

Yeah and, there's a big deal that Shell has a hand in right now that may drop it as well. It didn't fair too well last night on the Australian market so, I think I'll hold today on buying any more.

That said, I'm doing pretty well in it right now.

Great day today!

Anyone buying on this pull back in stock price? I'm just scared the project will get cancelled or put on indefinite hold because of natural gas prices being too low. LNG prices around the world have been falling for a while.

Once in a lifetime opportunity, bought in at .92 cents a share, 2018 price should be around 8.00 share very speculative but willing to take this chance. In on 10,000 shares, we'll see. The Kinder Morgan Pipiline is already in place & exported LNG stilll commmands a premium

I wouldn't call that a once in a lifetime, we were all alive for Facebook and Chenier....




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That was more of a reference to this being a local project, that generated local interest in the stock, which has created an opportunity for local investors to establish a substantial position in this stock, while these projects are still in their infancy as reflected in the stock price. Sure anything can happen, but I see the positives here as - There is no opposition to Magnolia, Bearhead, or their facility in Australia, low interest rates help reduce the cost of funding, Upper management team credentials are impressive, Their patented OSMR technology is another possible future revenue source, we have Chenier as the big player & we've already seen how well their stock has performed

The balance sheet looks solid at this point although I!m sure we can expect further dilution as we move thru these approval processses

This is brillliant from a practical standpoint

I agree totally, this is brilliant, shold have amended my previos post

So at 1.77/share I needa be buying my tail off?!

In the hopes that it goes up :) wish i had the balls and xtra funds to do so.

My casino gambling habit ends at the hunting camp card table, so I decided to do a little white collar gambling and bought 270 shares. We shall see where we go!

I may ive it a shot myself.....

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What worries me is the global price drop of liquified natural gas. Cheniere LNG stock has been tanking lately probably for that reason.

Anyone still in this stock? Holding for a comeback? Or buying more at these prices?

What scares me is the global prices of Liquefied Natural Gas has been on a steady declining the past year. These big liquification projects can't be profitable below a certain gas price. I think China's growth problems are hurting natural gas a lot.

I'm not sure whats hurting it. I wish I'd sold mine about a month ago.....Oh well, guess I'll just ride it all the way to the bottom. I do know some people that are buying more right now because it is so cheap.

I'm buying. This is a opportunity I hope I never see again. In 2 years I will be able to retire. There is no reason for the prices to be this low. It's all due to speculators. Once the market corrects things are going to shoot up.

But what about the falling prices around the world of LNG?

Why is it falling? Have people stopped using electricity? Heating their houses? Has ther been some sort of huge influx of LNG to the market place? I look at market fundamentals, supply and demand. I don't see any reason for these fluctuations other than lower feed prices and speculators tying gas to oil.

.90 I'm all in on this ....
Trying to figure out what price I need to make to be a millionaire

I hate giving advice because I'm not a professional. The reasons I give are my own personal observations. If you invest it is purely at your own risk.

This is where my question is coming from.



https://m.moodys.com/mt/www.moodys.c...n_jtt_redirect[/QUOTE]

Same way ... Loaded 5000 shares @.90 share !!


I don't care if it goes to 1.50 I'm still making money but If it goes to $10

I'm gone !

I stand by my previous statements. I'm going to be quite honest. I am baffled by the current state of the oil and gas market. Nothing has really changed from this time 2 years ago other than the drop in price. If anything the current drop in price would be driving MORE use! Yes we have more oil in the US due to the Shale Oil growth but we don't export currently. I fully expect the majority of all power around the world to be made from gas/LNG due to environmental drivers and cost efficiency. I also expect a large shift from diesel over to Gas Oil or LNG especially in public transportation and large over the road vehicles. It's cheaper and more efficient. The only issue at this time as far as I'm aware is a lack of infrastructure for distribution of the product. I'm sure there will be some sort of subsidy program initiated to push the use due to its lower emissions. I am seeing more and more locations that can sell natural gas at stations. All of this makes me comfortable in investing in LNG as I feel it is still an emerging industry. All articles I've read point towards what I'm saying as far as increased usage thru 2030. Will I get rich next year? Probably not but I do feel it will be a good investment over the long term with lots of growth potential.

I look for opportunities in emerging markets. I only wish I had invested in Apple, Google and Microsoft back in the day. If anyone sees any other opportunities in emerging markets PLEASE key us in.

I receive lots of industry magazines and daily news briefs. Here are a few articles I received today.

http://www.gasprocessingnews.com/new...g-exports.aspx

http://www.gasprocessingnews.com/new...e-on-coal.aspx

http://www.gasprocessingnews.com/new...ner-fuels.aspx

While these articles do highlight the current perceived "glut" it also confirms my thoughts that the future demand for LNG will be very high. I see nothing but opportunity at these current low prices for future growth. I think that even at the current low prices the investment is safe due to the contracts in place.

UNDER



Under the advice of a fellow day trader back in the early part of 2014.He asked if I was interested investing in lnglf.Idid so now that this stock has been above three dollars and never sold any of my orginal investment due to faith of long term investing I made an order to purchase another 10k shares @.93 a share. So here 's to long term investing.

Lnglf
 

Gonna buy another 10,000 shares also, although this price seems too good to be true

It 's actually been to 4.50 on an inter day trading high, we should have known better than to not take profits, that being said I believe we're going back to there with a more methodical rise which hopefully will sustain the stock price

Magnolia LNG timeline
 

Federal Energy Regulatory Commission (FERC)
• FERC’s role:
– Authorises construction and operation of LNG facilities
– Comprehensive analysis of project environmental, operational and safety implications
– FERC filing process expected to take 15 - 18 months from formal application to notice to proceed (NTP)
• May 2014 - FERC accepted MLNG’s application for the siting, construction, ownership and operation of proposed project and assigned Docket No. CP14-347-000
• July 2014 - FERC accepted Kinder Morgan’s filing application for authorisation to install compression and other related facilities on the KMLP Pipeline
• FERC’s progress towards MLNG’s DEIS was announced on 19th March 2015
• Typical timelines from MLNG current status:
– Following review of responses to remaining data requests, FERC issues a schedule of environmental review (SER), which is followed by issuance of the draft environmental impact statement (DEIS)
– Final environmental impact statement (FEIS) issued about 4 months after the DEIS
– Conditional order authorising the project approximately 30-45 days after FEIS
– After satisfaction of several conditions in the order, FERC staff issues an NTP that authorises commencement of construction
• NTP is required before MLNG can achieve Financial Close and commence construction

FEIS expected sometime in mid Nov.
Notice To Proceed with construction possible Jan. 2016

Going to get me some cold cuts today about 35% gain over a week

Gonna be a good day
 

I had all of my "play money" tied up in a different stock that is still down or, I'd been all over this! Yeah, there's some folks that are having a real good time right now!

Prepare to have this drop like stone.......I bought in today

LOL! I'm glad I stayed out of it then!

Down 8% already lol

yep figures