From Washington Policy to Wall Street Securities – Timely Impact Analysis for Investors
Bradley Woods & Co. Ltd.
Bradley Woods & Co.
Dispensing policy insight for our clients’ investing and financing needs since 1970.
Daily Impact: August 1, 2014
Foster Wheeler (NASDAQ: FWLT )
The US Department of Energy (DOE) continues to inch closer to some key decisions on natural gas exports. It is nearing decisions on an array of applications to build liquefied natural gas (LNG) export terminals in order to export to non-Free Trade Agreement (FTA) countries. The DOE is expected to approve most or all of the projects. The nation's recent natural gas boom has created momentum for expanded LNG exports, an opportunity for companies such as Foster Wheeler (NASDAQ: FWLT). Foster Wheeler, an engineering and construction firm, designs and builds LNG facilities including terminals.