Eight Capital Initiates Coverage on LNG Energy Group
13 Marzo 2024 - 11:30AM
LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF)
(FRA: E26) (the “
Company” or “
LNG Energy
Group”), today that
Christopher True,
Equity Research Analyst at Eight Capital, has
initiated analyst coverage on the Company. Eight Capital’s initial
research report and any future reports may be obtained directly
from Eight Capital.
“The Company has meaningful growth opportunities
and generates FCF with risk that is limited to the company’s
operational execution,” said Mr. True. “It receives stable gas
pricing in a market that has long-term bullish fundamental, which
also drives the high netback business model.”
For more information, Christopher True can be
contacted at ctrue@viiicapital.com. Please note that any
opinions, estimates or forecasts regarding the performance of LNG
Energy Group and its management made by Eight Capital are theirs
alone and do not represent the opinions, estimates or forecasts of
LNG Energy Group or its management. LNG Energy Group does not by
this announcement or otherwise imply that the Company analyzes or
approves of such information, conclusions, or
recommendations.Neither the TSXV nor its Regulation Services
Provider accept responsibility for the adequacy or accuracy of this
release.
About LNG Energy Group
The Company is focused on the acquisition and
development of natural gas production and exploration assets in
Latin America. For more information, please visit
www.lngenergygroup.com.
For more information please contact:
James Morris, Vice-President, Business
Development and Investor RelationsLNG Energy Group
Corp.Website: www.lngenergygroup.comEmail: investor.relations@lngenergygroup.comTelephone:
205-835-0676
Find us on social
media:LinkedIn: https://www.linkedin.com/company/lng-energy-group-inc/Instagram:
@lngenergygroup X: @LNGEnergyCorp
CAUTIONARY NOTE REGARDING
FORWARD-LOOKING INFORMATION:
This news release contains “forward-looking
information” and “forward-looking statements” (collectively,
“forward-looking statements”) within the meaning of applicable
Canadian securities laws. All statements other than statements of
historical fact are forward-looking statements, and are based on
expectations, estimates and projections as at the date of this news
release. Any statement that involves discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often using phrases such
as “expects”, “anticipates”, “plans”, “budget”, “scheduled”,
“forecasts”, “estimates”, “believes” or “intends”, or variations of
such words and phrases, or stating that certain actions, events or
results “may” or “could”, “would”, “should”, “might” or “will” be
taken to occur or be achieved, are not statements of historical
fact and may be forward-looking statements. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known
and unknown risks, uncertainties and other factors which may cause
actual results and future events to differ materially from those
expressed or implied by such forward-looking statements. Such
factors include: general business, economic, competitive, political
and social uncertainties; delay or failure to receive any necessary
board, shareholder or regulatory approvals, factors may occur which
impede or prevent LNG Energy Group’s future business plans; and
other factors beyond the control of LNG Energy Group. There can be
no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on the forward-looking statements and
information contained in this news release. Except as required by
law, LNG Energy Group assumes no obligation to update the
forward-looking statements, whether they change as a result of new
information, future events or otherwise, except as required by
law.
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