|Bid||64.91 x 800|
|Ask||65.50 x 800|
|Day's Range||64.82 - 66.08|
|52 Week Range||55.09 - 71.03|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||34.18|
|Earnings Date||May 2, 2019 - May 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||78.81|
The U.S. Federal Energy Regulatory Commission (FERC) on Thursday approved construction of two proposed liquefied natural gas (LNG) export terminals, Tellurian Inc's Driftwood in Louisiana and Sempra Energy's Port Arthur in Texas. Demand for LNG around the world has exploded, rising by 9.8%to a record high for a fifth consecutive year in 2018, as countries, like China and India, seek cleaner alternatives to burning coal to meet their growing energy needs, according to data from the International Gas Union (IGU). Driftwood and Port Arthur are just two of dozens of LNG export terminals under development in the United States, Canada and Mexico.
In 2016 Jack Fusco was appointed CEO of Cheniere Energy, Inc. (NYSEMKT:LNG). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. Then we'll look at a sna...
Any quip about demand for natural gas blowing hot and cold is not idle chatter. Weather variation makes a big difference to energy needs for heating and cooling. Consider what has happened in recent months to the liquefied natural gas market.
In the booming market for supercooled natural gas, the most precious commodity is the ship. A global quest for cleaner energy has fired up demand for liquefied natural gas (LNG), which produces less carbon dioxide than coal. Reflecting the white-hot demand for ships, over a dozen different companies, including energy majors BP and ExxonMobil, trading house Trafigura and gas utility Centrica are already looking to charter boats for the winter, according to four shipping industry sources, months earlier than usual.
Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that it plans to issue its earnings release with respect to first quarter 2019 financial results on Thursday, May 9, 2019 before the market opens. Cheniere will host a conference call for investors and analysts at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss first quarter results. Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas.
Asian spot prices for liquefied natural gas (LNG) rose for a second week, as interest from buyers returned amid a wide price disparity between spot and term prices. Most long-term LNG contracts in Asia are linked to oil prices and rising crude prices are likely causing buyers to seek more spot cargoes though no firm purchases could be confirmed, four trade sources said. Spot prices for May delivery to Northeast Asia (LNG-AS) climbed to $5.25 per million British thermal units (mmBtu) this week, up 75 cents, or nearly 17 percent, from the previous week, trade sources said.
U.S. shipments of liquefied natural gas are expected to fall to their lowest level in six months in April, after a leading U.S. supplier shut units for maintenance at a time when a glut of supply has driven some worldwide prices to near three-year lows. Based on exports through April 10, the United States is on track to sell roughly 91.5 billion cubic feet per day (bcfd) of natural gas as LNG, which would be the lowest since October. One billion cubic feet of gas is enough to supply about 5 million U.S. homes for a day.
The deal between Shell (RDS.A) and Tokyo Gas is worthy of attention because of the usage of coal-index pricing for the LNG contract unlike the usual oil indexation or natural gas benchmark Henry Hub.
Where Cheniere Energy Stock Could Head from Here(Continued from Prior Part)Analysts’ recommendationsBased on consensus estimates, leading LNG (liquefied natural gas) exporter Cheniere Energy (LNG) stock has a median target price of $79.2 compared
Where Cheniere Energy Stock Could Head from Here(Continued from Prior Part)Moving averagesCheniere Energy (LNG) stock is currently trading at $66.9, almost 1% higher than its 50-day moving average and 4% higher than its 200-day moving average. The
Where Cheniere Energy Stock Could Head from HereA smooth ride after rough seas?Developments in US-China trade negotiations have continued to swing the markets lately, and Cheniere Energy (LNG) stock has been no exception. Issues on the trade
Cheniere Energy Inc. isn’t delaying any liquefied natural gas deals because of the trade dispute, Chief Executive Officer Jack Fusco said in an interview in Shanghai. “Their approval process is between them and their regulatory agencies,” Fusco said on the sidelines of the LNG2019 conference. A supply deal between Cheniere and China Petrochemical Corp., known as Sinopec, is expected to be awaiting a resolution to the U.S.-China trade spat.
Shipments of liquefied natural gas (LNG) from the United States to China will increase over the long term despite ongoing trade tensions, senior executives of Cheniere Energy, the biggest U.S. exporter of the super-chilled fuel, told Reuters. "It's clear that the U.S. LNG trade with China is just beginning because U.S. LNG has just started," Cheniere Vice President Robert Fee told Reuters on the sidelines of the LNG2019 conference in Shanghai on Thursday.
Liquefied natural gas (LNG) will become a big part of China-U.S. trade once tensions are properly resolved between the two countries, a senior executive from China National Offshore Oil Corp (CNOOC) said on Wednesday. LNG will also continue to dominate China's natural gas imports, already accounting for 60 percent of its gas imports last year, said CNOOC Vice President Li Hui on the sidelines of the LNG2019 conference in Shanghai.
Moody's Investors Service upgraded Cheniere Corpus Christi Holdings, LLC (CCH) to Ba2 from Ba3. The rating upgrade reflects continued positive momentum as the Corpus Christi Liquefaction facility (CCL) transitions to an operating, cash flow producing asset with investment grade characteristics. Significant milestones achieved and factored into today's rating action include the substantial completion and commercial operation of Train 1, the commencement of commissioning activities at Train 2 and continued construction progress at Train 3.
Insider Monkey finished processing more than 700 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of December 31st, 2018. In this article we are going to take a look at smart money sentiment towards Cheniere Energy, Inc. (NYSE:LNG). Is Cheniere Energy, Inc. (NYSE:LNG) worth your attention […]
Asian spot prices for liquefied natural gas (LNG) this week fell to their lowest in nearly three years driven by excess supply and lack of buying interest in the region. Spot prices for May delivery to Northeast Asia (LNG-AS) dropped to $4.40 per million British thermal units (mmBtu) this week, down 25 cents from the previous week and the lowest since April 22, 2016, Refinitiv data showed. Offers were plenty with Russia's Sakhalin 2 and Angola LNG plants offering cargoes for April to May, traders said.
Rising Gas Production Should Benefit Midstream Stocks(Continued from Prior Part)US natural gas exportsWith the rising US natural gas production, natural gas exports continue to rise. US natural gas exports averaged 9.9 Bcf/d (billion cubic feet per
Cheniere Energy (LNG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Full storage tanks of liquified natural gas (LNG) in India have prompted Gail India to sell a U.S. cargo bound for the Asian nation to northwest Europe, industry sources said on Wednesday. The sale of a cargo already on the water is the latest example of an oversupplied LNG market that has resulted in Asian spot LNG prices falling to an almost three-year low of around $4.30 per million British thermal units (mmBtu) this week. It also signals that India's LNG demand, considered substantial compared to northeast Asia, is weaker than expected.