Camp Providers Emerge Strong Picks On LNG Potential NOV. 17, 2014 – VIEW ISSUE Reuters logo (Reuters) — Oilfield camp providers banking on the long-term prospects of LNG export terminals in British Columbia are emerging as hot stock picks as their shares slump. Analysts expect this will fuel demand for an additional 40,000 beds over the next four to five years. Shares of Civeo Corp., Horizon North Logistics Inc. and Black Diamond Group Ltd., which provide temporary lodging for workers, have tanked in the past two months, as a sharp drop in crude prices compounds short-term problems at the companies. The National Energy Board has so far approved nine LNG export projects in British Columbia.
Posted on: Thu, 25 Dec 2014 15:59:04 +0000
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