Liquefied natural gas or LNG is a hot topic these days. Whether the conversation is on the future of energy, exporting natural gas or meeting new power demand from Asia, you would be hard-pressed not to hear the word LNG mentioned. I guess that is why LNG was actually mentioned a whopping 66 times during Chevron's (CVX 0.57%) recent Q313 earnings call.
While investors continue to focus on names like Chevron, Royal Dutch Shell (RDS.A), ExxonMobil (XOM 0.39%) and Cheniere Energy (LNG -0.97%), the real alpha may actually come from the engineering technology to build new LNG terminals and make them more efficient. This has me excited about Fluor Corporation (FLR 2.28%), which is moving from mining to hydrocarbons and KBR, Inc, a company with a new CFO and new patent to reduce vaporization during the liquefaction process.
