Take a look at this chart:
Not that this is anything unusual; the entire stock market is making record highs…
But take a look at this stock going back to 2009.
From the lows of 2009 to the highs of this year, the stock has returned 2,126%.
What’s the name of the company?
Chart Industries (NASDAQ: GTLS).
What do they do that has investors falling over themselves to buy every share they can get their hands on?
Actually, Chart does a lot of things — but what has everybody so excited is their cryogenic gas processing technology that converts natural gas to a liquid…
Turning gas into a liquid allows it to be exported or used as fuel for vehicles.
Chart also makes the tanks for transporting liquefied natural gas and engine tanks that hold the LNG for heavy-duty trucks.
North American trucking fleets are quickly transitioning from diesel-powered trucks to vehicles with liquefied natural gas and compressed natural gas engines.
And although it costs roughly 50% more to purchase a truck with a LNG engine, trucking companies recoup the costs within two to three years.
We’re beginning to see more and more news releases like the following, from July 17, 2013:
Seaboard Foods, the producer and distributor of the PrairieFresh and Daily’s food brands, has deployed two Kenworth T660 Class 8 compressed natural gas (CNG) trucks in its fleet and will be adding another 43 CNG-powered T800 trucks in the coming months.
These Kenworth trucks use the Cummings-Westport natural gas engine (remember them?).
Now, just this past week, market talking head (literally) Jim Cramer declared: “The Natural Gas Revolution Begins!”
Oh, really?
Cramer was talking up everything from Chart Industries to Westport.
Welcome to the party, Jim…
We’ve been sounding the bullish alarms for natural gas and LNG for years!
Let me remind you what Nick Hodge said years ago in an exclusive report called, “The Liquid Natural Gas Revolution”:
Diesel’s Downfall
It’s always been hard to compete with the energy content and safety of diesel fuel.
But necessity is the mother of invention, and one company has come up with a solution…
It’s called Westport Innovations (NASDAQ: WPRT), and it’s pioneered a series of heavy-duty engines that can use various forms of natural gas as fuel.
In an industry valued at $300 billion per year, offering a competitive alternative is literally worth billions of dollars.
According to Darren Seed, a Westport VP, “The 18-wheeler, or freight movement market in general, is definitely the holy grail when it comes to potential energy savings.”
Offering an engine that uses a fuel that’s 50% cheaper — while maintaining the same engine power and torque as traditional diesel engines with 50% of the nitrogen oxides and 20% of the particulate matter — it looks like we’ve found the holy grail.
And it’s not just the cost and emission savings that make this engine (and Westport) a winner…
The government is also offering a $32,000 tax credit per engine. (They cost anywhere from $160,000 to $200,000.)
Since natural gas is so much cheaper, the payback is relatively short — as little as two years.
So there’s really no argument about switching these rigs to natural gas.
And yet, this is only half of the LNG story…
As you read this, while American trucking fleets are converting over to LNG, natural gas companies are gearing up to export LNG to overseas markets.
The Cove Point LNG terminal in Lusby on the Chesapeake Bay in Maryland is converting its facilities from an importer of LNG to an exporter.
Cove Point will export LNG to European markets.
And Europe isn’t the only continent that’ll receive precious American natural gas. Asia will, too.
The Asian market will be gangbusters for gas producers and exporters alike…
In the coming weeks, we’ll show you how to take advantage of it.
Forever wealth,
Brian Hicks
Check us out on YouTube!Brian is a founding member and President of Angel Publishing. He writes about general investment strategies for Wealth Daily and Energy & Capital. For more on Brian, take a look at his editor’s page.
