Roundhill Alerian LNG ETF

LNGG

Market cap $1.34M

NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced plans to close and liquidate the following ETFs: Fund Name Ticker CUSIP Roundhill Alerian LNG ETF LNGG 53656G423 Roundhill S&P® Global Luxury ETF LUXX 53656G431 Roundhill S&P® Dividend Monarchs ETF KNGS 77926X106 Roundhill Daily Inverse Magnificent Seven ETF MAGQ 77926X809   Based on the recommendation of Roundhill Financial Inc. (the "Adviser"), the Board of Trustees for Listed Funds Trust and Roundhill ETF Trust determined it would be in the best interests of the Funds and their shareholders to liquidate each of the Funds. Shares of the Funds will cease trading on the listing exchange following the market close on November 27, 2024.

Summary The US became the world's largest exporter of LNG in 2023, and export capacity is set to expand from 14 billion cubic feet per day (Bcf/d) to 25 Bcf/d by 2028 based on nameplate capacity of projects under construction. Two projects are anticipated to start up this year.

Energy companies have put up mixed results for the latest quarter. Some have outperformed expectations and others have significantly underperformed.

Summary U.S. LNG export capacity set to increase by 80% to 24.9 billion cubic feet per day (Bcf/d) over the next few years based on projects already under construction. Several more projects are signing long-term offtake agreements with a view to starting construction this year.