Streetbeat News

CGBS

Crown LNG Holdings Limited

https://www.crownlng.com

Industry

Oil & Gas Integrated

Crown LNG Holdings Limited develops and delivers tailored offshore liquefied natural gas (LNG) liquefaction and regasification terminal infrastructure solutions for harsh weather locations. The company is based in St Helier, Jersey.

Open

0.27

Mkt cap

2M

Volume

427K

High

0.30

P/E Ratio

-0.80

52-wk high

6.91

Low

0.26

Div yield

N/A

52-wk low

0.26

Crown LNG Holdings Limited (NASDAQ:CGBS) has finalized agreements to acquire LNG import terminal assets in Kakinada, India, and Grangemouth, Scotland. The acquisitions, valued at $60M and $25M respectively, will be paid in Crown LNG shares. These strategic moves aim to enhance Crown LNG's presence in the global LNG infrastructure network.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:21 pm

Energy stocks are declining due to easing Middle East tensions and uncertainty over China's economic stimulus, affecting demand outlook.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:48 pm

Energy stocks are rising due to increased Middle East tensions, with reports of Iran potentially attacking Israel, which could impact the global economy.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:07 pm

The article highlights three oversold energy stocks with potential for gains: Gran Tierra Energy, Vivakor, and Crown LNG Holdings. These stocks have low RSI values, indicating they may be undervalued and present buying opportunities.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 11:07 am

Crown LNG's shares have declined following a notification from Nasdaq about non-compliance with listing rule 5550(a)(2) due to not meeting minimum bid requirements.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:11 pm

Crown LNG Holdings Limited received a notification from Nasdaq for not meeting the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This does not immediately affect its Nasdaq listing.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:36 pm

Shares of oil and gas companies are trading higher amid overall market strength following recent economic data.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 7:50 pm

Crown LNG Holdings Limited (NASDAQ:CGBS) has appointed Andrew Judson as Chairman of the Board, effective August 2, 2024. The current Chairman, Jørn Husemoen, will continue as a Board member and Chief Financial Officer.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:26 pm

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Portfolio Pulse from Avi Kapoor

July 23, 2024 | 5:21 pm

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Portfolio Pulse from Avi Kapoor

July 19, 2024 | 5:24 pm

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