Global LNG Market: Sliding Prices In 2024, Rising Opportunities By 2030? [Forbes]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
Check Earnings Report
US:NYSE Investor Relations:
stocktwits.com/symbol/s
Company Research
Source: Forbes
Going by current market trends, the prices of liquefied natural gas (LNG) appear to be tanking. In fact, if current spot prices in Asia - the fuel's most lucrative market - are benchmarked against what they were a few years ago, you'd think there's a garage sale on the market. Sources in Singapore suggest April spot cargoes are changing hands between $8 and $9.25 per million British thermal units (mmBtu). That's more than a halving of average spot prices of $19 per mmBtu in the same month in 2023, and nothing short of a slump on the record prices of $70 per mmBtu back in 2022. However, that was then, with the shock of Russia's invasion of Ukraine creating a scramble for cargoes in a 2022 sellers' market as European and Asian buyers toughed it out. At the end of Q1 2024, inventory levels in both Asia and Europe appear to be historically high as spot prices hit recent lows. For context, LNG is typically traded through long-term contracts averaging 20 years or more and via the spo
Show less
Read more
Impact Snapshot
Event Time:
SPGI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPGI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPGI alerts
High impacting S&P Global Inc. news events
Weekly update
A roundup of the hottest topics
SPGI
News
- 10 Best Carfax Alternatives to Check Vehicle History [Yahoo! Finance]Yahoo! Finance
- EMERGING MARKETS-Latam stocks, FX track global markets higher, head for weekly gains [Yahoo! Finance]Yahoo! Finance
- Energy: Exxon, Chevron drag sector amid geopolitical risks [Yahoo! Finance]Yahoo! Finance
- Bitcoin Miners Jump This Week After the Halving [Yahoo! Finance]Yahoo! Finance
- Microsoft, Alphabet earnings fuel stock rally: Yahoo Finance [Yahoo! Finance]Yahoo! Finance
SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 4/26/24 - Form IRANNOTICE
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- SPGI's page on the SEC website