Velocityshares 3X Long Natural Gas ETN (UGAZ)

[pennyplayer777]

ecently, the legendary investor made another number big bet in this space.

Cheniere and Icahn

Icahn just took a huge interest in another natural gas related company, Cheniere Energy (NYSEMKT:LNG). Cheniere engages in the liquefied natural gas (LNG) related business and operates through two segments, a LNG terminal and LNG and natural gas marketing business. This company plans to export natural gas from the United States all over the world in liquefied form. It has a market cap of $16.19 billion, a 52-week range of $58.10 to $85 per share and Icahn now owns 8.2% of the company. This company closed at $68.44 last Friday