- February has seen intense volatility in the natural gas market due to an immense weather-driven production drop and demand spike.
- The long-term outlook for liquid natural gas prices is heightened as it seems U.S. long-term productive capacity may be peaking.
- As demand for LNG continues to rise, we may see LNG prices return to $10+ per MMBtu.
- Even without an increase in LNG prices, GLOG appears undervalued with a forward "P/E" of merely 5.9X.
- As GasLog's liquidity and solvency position improves with the recent bump in LNG prices, I believe its stock may surge to $9-12.
For further details see:
GasLog: Severely Discounted Given Improving LNG Outlook