On April 10th of 2012, shortly after liquified natural gas transporter GasLog (GLOG) had it’s IPO debut, I wrote a piece detailing my rational as to why GLOG was a long-term buy. Looking back nearly 2 years now, the stock is up 107%. The total return on investment is actually higher since in late 2012 the company began issuing regular dividends.
As of today, I still believe the company is a good investment. The need for natural gas is not going away and the U.S. will continue to have a surplus of the resource for the foreseeable future. With lower prices in the U.S. and higher prices abroad, this will keep the door of opportunity open for GLOG. They’re playing on a growing industry and trend. The wind is still at their back. Keep this stock on your radar screen. I don’t think its run is over.