Jim Cramer: Buy Excelerate Energy Now for a Bargain

"Excelerate's got terrific margins. Their EBITDA margin came in at 29.5% last year — I think the EBITDA margin is the right one to watch because it's a very capital intensive business, so it's important to back out the financial hit they take from the on-paper depreciation of their floating LNG terminals," he said, also mentioning the company's profitability.

However, Cramer also highlighted some downsides of the company, including that it's a controlled company with founder George Kaiser holding 77% of the voting power."However, as more and more countries strike deals to buy American natural gas, they're going to need infrastructure to unload those shipments. And that's where Excelerate comes in," he said.Disclaimer

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A’s lose 1-0 in front of smallest Coliseum crowd since 1980The A’s announced a paid attendance of 2,703.
Source: mercnews - 🏆 88. / 68 Read more »

Cramer Explains Why Seasoned Technical Analyst Larry Williams Expects Inflation to Peak and the Market to Rally Into JuneInflation could soon peak and the market could rally according to Williams’ analysis, Cramer said Wednesday.
Source: nbcchicago - 🏆 545. / 51 Read more »

Opinion: Oakland A’s stadium development should be put on the ballotBefore giving a billionaire nearly $1 billion in tax subsidies, a public vote and independent economic analysis are needed. NO Everyone was complaining about spending tax dollars you be spending more tax dollars for this to be on the ballot which people don’t know and for a project no one has never been educated on. Big mistake your city Council members are being paid City salaries to make critical
Source: mercnews - 🏆 88. / 68 Read more »

San Mateo’s Mickey McDonald makes A’s debut; Stephen Vogt placed on injured listSan Mateo’s Mickey McDonald, from Serra High and University of Illinois-Chicago, made his big league debut for the A’s.
Source: OakTribNews - 🏆 597. / 51 Read more »

Nine things we’ve learned about the Oakland A’s so farFrom catcher Sean Murphy and center fielder Cristian Pache to infielders Sheldon Neuse and Tony Kemp, the A’s have exceeded early expectations.
Source: mercnews - 🏆 88. / 68 Read more »

China wants to buy Shell's stake in Russian natural gas export projectThree Chinese energy firms are in talks to buy Shell's stake in a huge Russian natural gas export project, a report says Chess moves.. if Biden sanctions China then it will actually be a WW3 (tick tock) 一份报告称，三家中国能源公司正在谈判购买壳牌在俄罗斯一个大型天然气出口项目中的股份 World economy will have a new leader nearly.
Source: BusinessInsider - 🏆 729. / 51 Read more »