How to Profit From Surging LNG Project CapEx

According to a Chicago Bridge & Iron (NYSE: CBI) presentation, the LNG project capital expenditures over the next two years will reach over $70 billion. The spending will reach a plateau in 2015 at over $45 billion and max out around $50 billion in 2017. Not bad for a market that topped out around $30 billion in 2012 and plunged this year.

Probably not surprising, but a main beneficiary will be more »

Disclosure: No positions mentioned. Please review the disclaimer page for more info. 


Popular posts from this blog

Kohl's: Worth $75 Without Financial Engineering

Stat of the Day: Leading Indicators Jump Again

Out Fox The $treet - December 13, 2019