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Stock Market & Financial Investment News

News Breaks
July 2, 2014
15:03 EDTSRE, GLNG, GTLS, LNGEPA rules to classify CNG, LNG as cellulosic fuels, Bloomberg reports
The EPA decision covers compressed natural gas, or CNG, and liquid natural gas, or LNG. Publicly traded companies in the space include Cheniere Energy (LNG), Golar LNG (GLNG), Sempra Energy (SRE), and Chart Industries (GTLS).
News For LNG;GLNG;SRE;GTLS From The Last 14 Days
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April 27, 2015
08:07 EDTSREGeronimo Energy to sell Black Oat Getty project to Sempra Energy subsidiary
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April 23, 2015
11:03 EDTSRESempra U.S. Gas & Power announces acquisition of Minnesota wind project
Sempra U.S. Gas & Power announced it has acquired the Black Oak Getty wind project in Minnesota from Geronimo Energy, LLC, a utility-scale wind and solar energy developer. When the 78-megawatt Black Oak Getty is completed, Sempra U.S. Gas & Power, along with its affiliates and joint-venture partners, will have wind facilities in seven states totaling more than 1,200 MW of generating capacity. The project is expected to employ about 250 workers at peak construction and be in commercial operation by late 2016. The entire power output from the wind farm has been sold to Minnesota Municipal Power Agency under a 20-year contract. Terms of the transaction were not disclosed.
April 22, 2015
13:31 EDTLNGCheniere rallies with company 'on the verge' of first LNG export
Cheniere Energy (LNG) CEO Charif Souki told CNBC earlier today that his company is "on the verge" of exporting the first liquefied natural gas from the U.S. later this year. Cheniere's first executed contract will occur in Q1 of 2016 by selling gas to BG Group (BRGYY), Souki noted. He told CNBC's Kate Kelly that his company will make a "ton" of money from the 20-year LNG export contracts it has signed. On more general issues, Souki thinks Shell's (RDS.A) proposed acquisition of BG will receive regulatory approval and that the price of crude oil has bottomed. Shares of Cheniere Energy are up $1.12 to $78.12 in afternoon trading while Cheniere Energy Partners LP (QEP) is up 43c to $32.11.
April 15, 2015
08:45 EDTLNGAtlantic Council of the U.S. to host a discussion
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April 13, 2015
10:00 EDTSREOn The Fly: Analyst Upgrade Summary
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06:27 EDTSRESempra Energy upgraded to Buy from Neutral at Goldman
Goldman upgraded Sempra Energy to Buy with a $130 price target due to robust growth, additional value from Cameron LNG expansion, and value creation from a potential MLP/Yieldco.

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