However, I got out of GasLog (NYSE: GLOG). Lower oil prices have made mid-east associated gas much more competitive, and that bidding has substantially eroded margins for North American and Australian providers. Not only that, but a mild winter in Asia brought dry gas prices down to where the long-distance LNG contracts are hardly profitable. As a result, the LNG trade is going regional and distances seem to be shortening: Not a good sign for the LNG charterers.
I believe that the 'golden age' of LNG shipping will not come, or will at the very least be delayed for awhile. I got into GasLog on the premise of riding that wave, but that just didn't seem to work out.
So, I sold all my brokerage shares and bought into AT&T (NYSE: T) instead. AT&T is now the fourth-largest holding in my brokerage portfolio. This will give me added diversification and an income boost.