GLOG

GasLog Ltd.

Energy


Presented:10/01/2014
Price:$20.81
Cap:$1.69B
Current Price:$5.79
Cap:$0.55B

Presented

Date10/01/2014
Price$20.81
Market Cap$1.69B
Ent Value$3.52B
P/E Ratio36.61x
Book Value$11.55
Div Yield2.8%
Shares O/S0.00M
Ave Daily Vol1,110,000
Short Int3.56%

Current

Price$5.79
Market Cap$0.55B
GasLog Ltd., together with its subsidiaries, owns, operates, and manages vessels in the liquefied natural gas (LNG) market worldwide. It provides maritime services for the transportation of LNG and LNG vessel management services. As of April 10, 2014, the company’s fleet consisted of 18 wholly-owned LNG carriers. It also had 9 LNG carriers operating under its technical management for third parties. The company was incorporated in 2003 and is based in Monaco. GasLog Ltd. is a subsidiary of Blenheim Holdings Ltd.

Publicly traded companies mentioned herein: Cheniere Energy, Inc. (LNG), GasLog Ltd. (GLOG), GasLog Partners LP (GLOP), Teekay Corporation (TK)

Highlights

The presenter is long shares of GasLog (GLOG), and considers the investment to have the best risk-adjusted return potential of any company he has seen in some time. His optimism is in no small part due to the fact that liquefied natural gas (LNG) carriers are a relatively new addition to the global shipping industry, and GLOG intends to grow its share from 7% to 10% of the LNG carrier fleet over time. In addition, the successful IPO of GasLog Partners will allow GLOG to drop assets down to the MLP and effectively finance its fleet expansion over the next few years.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.