Investors who want to support the energy transition should consider backing natural gas as a fuel that can "make a really huge impact" by replacing coal, according to a top analyst at asset manager PGIM.
"Natural gas is very complementary to them, it is highly dispatchable and it is very low cost."
The U.S. is the largest natural gas exporter in the world, according to the Energy Information Administration.
"Pipelines offer a very different kind of risk/reward proposition for an investor than, say, a natural gas producer who is very exposed to the volatility of the natural gas price," Antia said.
"When it comes to LNG infrastructure, Cheniere is a company that provides the infrastructure necessary to liquefy as well as re-gasifying natural gas," Antia said.
Persons:
PGIM, Shehriyar Antia, Antia, Kinder Morgan, Williams Cos, Williams, Kinder
Organizations:
CNBC, Energy Information Administration, EQT Corp, Williams Companies, Wall Street, Argus, Energy
Locations:
Wells, China, India