PRINCETON, N.J., June 22, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment coverage of the liquid natural gas industry, including coverage of Cheniere Energy (AMEX:LNG) and Contango Oil and Gas (AMEX:MCF).
FindProfit's investment outlook examines the Federal Energy Regulatory Commission's ("FERC") approval of a new liquified natural gas facility in Texas, including coverage of Southern Union (NYSE:SUG) and Chicago Bridge & Iron (NYSE:CBI).
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FindProfit's outlook looks at the following questions:
-- Will LNG's and MCF's stake in the FERC-approved facility provide long term profits? -- What are the risks associated with liquified natural gas and why has the FERC historically been against approving new liquified natural gas facilities? -- How could construction firm CBI possibly benefit from the new facility? -- Will a new liquified natural gas facility help or hurt SUG's existing Trunkline operation? -- Is SUG's expansion of the Trunkline facility a speculative bet on liquified natural gas demand or has most of the new capacity already been contracted? -- Will continued tight supply and high prices for natural gas and crude lead to more FERC facility approvals?
And More
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