Oxford Clubs “The next best arbitrage play”
by backoffice | May 1, 2016 6:56 pm
2 well known billionaires have already bought into this Natural Gas Company looking to make a killing. Any ideas?
Source URL: https://www.stockgumshoe.com/2016/05/microblog-oxford-clubs-the-next-best-arbitrage-play/
I think it is Cheniere Energy (LNG). They’ve built the first LNG terminal at Sabine Pass, LA, and are working on a second near Corpus Christi. They just shipped their first load of liquefied natural gas to Europe in Feb. US gas is much less expensive than either that from Russia or OPEC.
Sounds like they must be still running a version of the ad we covered here: http://www.stockgumshoe.com/reviews/oxford-resource-explorer/its-the-only-company-licensed-to-trade-a-product-it-buys-for-2-60-and-could-sell-for-as-much-as-15/
(And yes, it’s Cheniere — though not 100% certain whether it’s the parent/General Partner or the MLP — either one’s based largely on what the price arbitrage will be in 5-10 years, something that seems frighteningly unknowable to me)