|Bid||40.13 x 800|
|Ask||0.00 x 800|
|Day's Range||41.60 - 42.99|
|52 Week Range||29.71 - 45.27|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||16.16|
|Earnings Date||May 2, 2019 - May 6, 2019|
|Forward Dividend & Yield||2.36 (5.63%)|
|1y Target Est||40.00|
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.
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.
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 Here(Continued from Prior Part)Cheniere Energy Partners’ yieldCheniere Energy Partners (CQP), Cheniere Energy’s MLP subsidiary, is currently trading at a distribution yield of 5.6%, lower than its
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.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the market. Hedge […]
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
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.
Shares of Cheniere Energy Partners LP (NYSE: CQP ) are already “priced to perfection,” and there are no visible catalysts to justify the stock trading at a premium to peers, according to BMO Capital Markets. ...
Traders might be late to the party, but a pullback from recent highs could offer a secondary entry point in the LNG name.
Energy Sector Highlights Last Week(Continued from Prior Part)Energy stocks In the week ending March 15, upstream stock Laredo Petroleum (LPI) fell the most among the energy stocks under review in this series, which include the following ETFs: the
A raft of U.S. natural gas projects coming online in the next few years are likely to boost the global fleet of seagoing LNG tankers by as much as a third, as shipping operators jarred by sharp swings in oil markets pounce on a big new stream of business. At about $175 million each, vessels outfitted for liquefied natural gas can cost several times more than other ship types. Demand has grown sharply in Asia, in particular, while output has soared in the U.S. as improved hydraulic fracturing technology has made drilling for both shale oil and gas more cost effective.
Only one liquefied natural gas (LNG) vessel that left the United States in 2019 went to China, Reuters shipping data show, as the eight-month trade war between the two nations starts to cool. The only vessel to head to China from the United States this year was the Adam LNG, which left Cheniere Energy Inc's Sabine Pass export terminal in Louisiana on Jan. 30, according to the shipping data. The data shows a handful of LNG vessels from the United States in the Pacific Ocean, some of which could end up in China.
Rapidly expanding exports of U.S. fossil fuels, including liquefied natural gas (LNG), serve as leverage in trade negotiations with China, Energy Secretary Rick Perry said on Monday. When asked if U.S. energy was a lever in the talks, Perry said, "Yeah, sure it is." In addition, Perry said Washington can also use advanced U.S. technology on renewable energy and small modular nuclear reactors as leverage around the globe.
Increased sales of U.S. energy are a significant part of trade negotiations between the U.S. and China. The growth in U.S. exports and rising U.S. clout in the global energy market was a topic of discussions in many of the meeting rooms at the IHS Markit annual CERAWeek conference in Houston. Trade experts see Europe as the next front in the Trump administration's efforts to make trade more fair for American companies.
Rapidly expanding exports of U.S. fossil fuels, including liquefied natural gas (LNG), serve as leverage in trade negotiations with China, Energy Secretary Rick Perry said on Monday. When asked if U.S. energy was a lever in the talks, Perry said, "Yeah, sure it is." U.S. technology on renewable energy and small modular nuclear reactors is also part of what Washington can use as leverage, he said. The United States is the world's fastest-growing exporter of LNG and China is the fastest-growing importer of the fuel.
Cheniere Energy thinks it can double the size of its company through liquified natural gas exports to China. It already has sent over 60 tankers with LNG to China from its Sabine Pass terminal, the first LNG export terminal in the lower 48 states of the US. Cheniere CEO Jack Fusco says current trade tensions between the U.S. and China need to be resolved.
Midstream Sector Indicators: Analyzing Key Trends(Continued from Prior Part)Midstream stocks surgeSo far, top midstream stocks including Kinder Morgan (KMI), Enterprise Products Partners (EPD), and Williams Companies (WMB) have risen significantly
Further, these stocks have either a moderate-to-high financial strength rating from GuruFocus or an Ebitda margin topping the industry median. Houston, Texas-based oil & gas midstream company Plains All American Pipeline LP (PAA) has climbed 0.4% over the last week, 3.5% over the past month, 18.3% so far this year, 5.5% over the last 52 weeks and 3.7% over the past three years through March 8. Warning! GuruFocus has detected 2 Warning Sign with PAA.
CNBC's Brian Sullivan reports from CERAWeek on his discussions with Cheniere CEO Jack Fusco about ongoing Chinese trade tensions.