Stock is really moving up after hours. There’s at least another one or two arbitration cases pending, but they have won them all except for a single one against BP, which they are currently contesting.
All over selling LNG cargoes at spot prices while they’re newly built plants are trying to get up to full operation.
Various customers thought this move, was outside their long-term contract agreements for deliveries, which obviously was not the case and VG is winning the arbitration cases
Stock is up well over 10% and after hours trading and Likely will move higher
Great investment opportunity moving forward because there’s a lot of move to run in. This company is going to be the big LNG player on the planet within the next 1 to 2 years.