Friday, January 10, 2014

Chevron Corporation (CVX): Liquid Natural Gas The Future Of Energy With Chevron Leading The Charge - Seeking Alpha

Chevron Corporation (CVX): Liquid Natural Gas The Future Of Energy With Chevron Leading The Charge - Seeking Alpha

This is a good article about why Chevron is a good investment. Besides paying a 3% dividend, the company has a lot going for it in the LNG field.  The 50% stake in the Canada Kitimat LNG Project is huge. The natural gas can easily be shipped from Canada to Far East countries where LNG is in high demand.  The same goes for Chevron's Gorgon LNG Project in Australia.  Although the production cost is higher than our Marcellus natural gas, the shipping cost will be cheaper for selling it to Asian customers.  I believe that Chevron can beat the S&P 500 over the next several years because oil and LNG will remain as money makers while the S&P will have problems for increasing earnings above the record high levels achieved in 2013.

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