Interview with Craig Porter The Globe interviewed Craig Porter, senior portfolio manager with Front Street Capital, today. It was mainly about energy companies. This is what he said about NVA.
Q.
So, where is the best opportunity to invest to benefit from LNG exports?
by David 11:38 AM
A.
At this point, probably the natgas producers will benefit as the owners of the LNG facilities must acquire gas assets to operate them. Similar to how Petronas took out Progress Energy last year for $5.5 Billion, we feel companies such as Tourmaline, NuVista and Paramount Resources are likely to be acquired in the next few years. As well, we are currently seeing a rebound in the oil services sector as companies are starting to plan exploration programs to drill for the significant quantities of gas that will be required over the next decade.
by Craig Porter 11:42 AM
Read the interview: