Replies to post #103271 on Savvy Trades and Investments

[researcher59]

Freeport is owned by a billionaire, Michael Smith and Osaka NG ..... who knows how much debt the company is carrying, but with LNG in high demand, they'd have no problem raising capital if necessary. Their facility is worth a small fortune. Also, as you point out, insurance probably covered some of the losses.

wiki -

Freeport LNG Development, L.P., was founded as a limited partnership in 2002.[1] The LNG Quintana Island project had been initially developed by Cheniere Energy and was subsequently funded for build out by the LP entity, consisting of Smith Entities (60%) and Cheniere (40%). As of 2009, the LP ownership was 45% Smith, 15% Dow Chemical Company, 30% Cheniere, and 10% Osaka Gas.[4] As of 2019, Michael Smith Global Infrastructure Partners and Osaka Gas hold the primary LP interests for Freeport LNG. Michael Smith is Founder, Chairman and CEO of Freeport LNG.[1]

NG, LNG, KOLD

[bbotcs]

jtomm: Freeport
Thank U. It is very much worth watching.