“The single biggest factor for the decline in natural gas prices is the shale gas revolution,” Chris Mayer told MarketWatch. “Shale players are enjoying excellent economics even at current low gas prices — rig productivity continues to improve and costs are falling.”
As a long-term value investor, Mayer – the editor of Capital & Crisis – likes companies that facilitate the use of more natural gas. Chart Industries Inc., he said, makes all kinds of mission-critical equipment for liquified natural gas.
“That’s key because there will be pressures to export gas to take advantage of high prices in Europe and Asia,” he said.
Chart Industries also makes hardware for natural gas fueling stations, and there’s great demand for natural gas vehicles for commercial and municipal fleets, said Mayer, who includes the stock in his newsletter’s model portfolio.
Learn more about Chris Mayer.
Check out more of Chris’ commentary on natural gas.
