LNG - Cheniere Energy, Inc.
Chart Events
Triple Moving Average Crossover
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 147.33 |
| Open | 147.73 |
| Bid | 147.30 x 4000 |
| Ask | 147.38 x 1000 |
| Day's Range | 146.35 - 148.32 |
| 52 Week Range | 120.09 - 182.35 |
| Volume | |
| Avg. Volume | 1,650,909 |
| Market Cap | 35.914B |
| Beta (5Y Monthly) | 1.01 |
| PE Ratio (TTM) | 4.73 |
| EPS (TTM) | 31.15 |
| Earnings Date | Aug 02, 2023 - Aug 07, 2023 |
| Forward Dividend & Yield | 1.58 (1.10%) |
| Ex-Dividend Date | May 09, 2023 |
| 1y Target Est | 199.89 |
Fair Value
Related Research
- Reuters
US natgas falls 3% on low demand outlook, futures volatility drops
U.S. natural gas futures fell about 3% on Friday on forecasts for less demand over the next two weeks than previously expected, while mild weather so far this year has cut historical volatility in futures to a 13-month low. Prices at the Dutch Title Transfer Facility (TTF) benchmark in Europe jumped about 20% to around $10 per mmBtu on Friday after dropping about 13% on June 6 and soaring 25% on June 5.
- Reuters
UPDATE 1-US natgas prices climb as hot weather outlook boosts power demand prospects
Front-month gas futures for July delivery on the New York Mercantile Exchange rose 6.7 cents, or 3%, to settle at $2.329 per million British thermal units (mmBtu). Prices were rising "on a continued evolution of the weather outlooks for increasing gas demand from the power sector over the next three weeks," said Gary Cunningham, director of market research at Tradition Energy. Refinitiv estimated natural gas consumption by the U.S. power sector to jump to 37.6 billion cubic feet per day (bcfd) this week from 31.8 bcfd last week, driving overall demand this week to 95.7 bcfd from 90.9 bcfd.
- Reuters
US natgas climbs as hot weather outlook boosts power demand prospects
U.S. natural gas futures climbed more than 2% to a one-week high on Wednesday, as forecasts for warmer weather bolstered the demand outlook for the fuel to cool homes and businesses. Prices were rising "on a continued evolution of the weather outlooks for increasing gas demand from the power sector over the next three weeks," said Gary Cunningham, director of market research at Tradition Energy. Refinitiv estimated natural gas consumption by the U.S. power sector to jump to 37.6 billion cubic feet per day (bcfd) this week from 31.8 bcfd last week, driving overall demand this week to 95.7 bcfd from 90.9 bcfd.
- Reuters
UPDATE 1-US natgas edges up 1% on drop in daily output, low wind power
The price increase came despite lower gas flows to liquefied natural gas (LNG) plants due to maintenance, forecasts for milder weather and less demand over the next two weeks than previously expected and a drop in global gas prices. The amount of U.S. power generated by wind so far this week dropped to just 5% of the total versus a recent high of 12% during the week ended May 12, according to federal energy data. When power generators burn more gas to produce electricity to meet rising air conditioning use, there is less of the fuel available to go into storage for the peak winter heating season.
- Reuters
US natgas down 2% on lower flows to LNG export plants, mild weather
U.S. natural gas futures fell about 2% on Tuesday on lower gas flows to liquefied natural gas (LNG) plants due to maintenance, forecasts for milder weather and less demand over the next two weeks than previously expected and a drop in global gas prices. When power generators burn more gas to produce electricity to meet rising air conditioning use, there is less of the fuel available to go into storage for the peak winter heating season. Front-month gas futures for July delivery on the New York Mercantile Exchange fell 4.3 cents, or 1.9%, to $2.202 per million British thermal units (mmBtu) at 8:57 a.m. EDT (1257 GMT).
- Reuters
UPDATE 1-US natgas up 3% on hot weather forecasts, soaring global prices
The amount of U.S. power generated by wind so far this week dropped to just 6% of the total versus a recent high of 12% during the week ended May 12, according to federal energy data. Refinitiv forecast U.S. gas demand, including exports, would ease from 95.9 bcfd this week to 95.3 bcfd next week on expectations wind power will remain low this week.
- Reuters
US natgas futures jump 5% on low wind power forecasts, soaring global prices
U.S. natural gas futures soared 5% on Monday on forecasts for low wind power, warmer weather and higher air conditioning demand over the next two weeks than previously expected, rising exports to Mexico and a jump in global gas prices. Gas flows to the seven big U.S. LNG export plants have slid to 12.1 bcfd so far in June from 13.0 bcfd in May. That was well below the monthly record of 14.0 bcfd in April due to maintenance at several facilities, including Cheniere Energy Inc's Sabine Pass in Louisiana.
ZacksNatural Gas Takes a Weekly Drubbing on EIA Report, Weather
In the absence of a sustained a rally in the natural gas market, we advise focusing on fundamentally sound companies like CHK and LNG.
- Reuters
UPDATE 1-US natgas up 1% on forecast for more demand, record exports to Mexico
The price increase came despite near record U.S. output and continued low amounts of gas flowing to U.S. liquefied natural gas (LNG) export plants due to maintenance. Front-month gas futures for July delivery on the New York Mercantile Exchange (NYMEX) rose 1.4 cents, or 0.6%, to settle at $2.172 per million British thermal units (mmBtu).
ZacksWhy Is Williams Companies, Inc. (The) (WMB) Up 0% Since Last Earnings Report?
Williams Companies, Inc. (The) (WMB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Reuters
U.S. LNG exports fall in May on lower output and changing demand trends
U.S. exports of liquefied natural gas (LNG) fell in May to 7.66 million tonnes from a record 8.01 million tonnes in April as plant maintenance curbed some output and weaker prices in Europe cut flows to the region, shipping data showed. U.S. LNG exporters reduced cargoes to Europe last month while more LNG was delivered to Asia and Latin America, partially offsetting the European weakness, according to Refinitiv Eikon preliminary vessel tracking data. Asia LNG prices for July delivery have rebounded from earlier declines, making U.S. LNG more attractive for traders and oil majors with access to spot cargoes, according to consulting firm Rystad Energy.
- Reuters
US natgas up 2% on forecast for more demand, record exports to Mexico
U.S. natural gas futures rose about 2% on Friday on forecasts for more demand over the next two weeks than previously expected and record exports to Mexico. Front-month gas futures for July delivery on the New York Mercantile Exchange (NYMEX) were up 4.5 cents, or 2.1%, to $2.203 per million British thermal units (mmBtu) at 9:01 a.m. EDT (1301 GMT). In the spot market, meanwhile, low demand due to mild weather cut next-day gas prices for Friday at the U.S. Henry Hub benchmark in Louisiana to $1.77 per mmBtu, their lowest price since October 2020.
ZacksWhy Is Cheniere Energy (LNG) Down 2.6% Since Last Earnings Report?
Cheniere Energy (LNG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
ZacksCheniere Energy Partners, LP (CQP) Down 0.6% Since Last Earnings Report: Can It Rebound?
Cheniere Energy Partners, LP (CQP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
ZacksCheniere Energy, Inc. (LNG) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Cheniere Energy (LNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
ZacksNatural Gas Prices Tick Down 16% as Demand Worries Linger
With natural gas prices depreciating significantly in 2023, we advise focusing on fundamentally sound companies like CHK and LNG.
BloombergPlunging LNG Prices Have Traders Bracing for US Export Cancellations
(Bloomberg) -- As global liquefied natural gas prices nosedive, traders are bracing for the possibility that US cargoes will be canceled in the coming months.Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeDebt-Limit Talks Get More Time as US Treasury Pushes Back DeadlineAsian LNG spot prices
- Reuters
UPDATE 2-US natgas falls 4% to near 2-wk low on record US output
Prices declined despite a federal report showing a slightly smaller-than-expected U.S. storage build last week, when mild weather limited demand for the fuel for both heating and cooling. The U.S. Energy Information Administration (EIA) said utilities added 96 billion cubic feet (bcf) of gas into storage during the week ended May 19. The amount of U.S. power generated by wind has dropped to 7% of the total so far this week versus a high of 17% during the week ended April 21, according to federal energy data.
- Reuters
US natgas futures steady ahead of storage report
U.S. natural gas futures were steady on Thursday as the market awaited direction from a federal report expected to show a bigger-than-usual U.S. storage build last week when mild weather limited demand for the fuel for both heating and cooling. Analysts forecast U.S. utilities added 100 billion cubic feet (bcf) of gas into storage during the week ended May 19.
- Reuters
UPDATE 1-US natgas up 3% on forecasts for higher demand through early June
Data provider Refinitiv said average gas output in the U.S. Lower 48 states rose to 101.5 billion cubic feet per day (bcfd) so far in May, which would top April's monthly record of 101.4 bcfd. The amount of gas exported from Canada to the United States was on track to hold near a near three-week high of 8.1 bcfd for a second day in a row on Wednesday. Over the past few weeks, the average amount of gas flowing from Canada to the United States averaged just 7.2 bcfd as wildfires in Alberta and other western provinces caused some producers to shut oil and gas output, according to Refinitiv.
- Reuters
US natgas up 2% on forecasts for higher demand through early June
U.S. natural gas futures gained about 2% on Wednesday on forecasts for cooler weather this week and warmer weather next week that should boost demand more than previously expected through early June. Last month's record flows were higher than the 13.8 bcfd of gas the seven big plants can turn into LNG since the facilities also use some of the fuel to power equipment used to produce LNG.
ZacksOil & Gas Stock Roundup: Acquisition News From ONEOK and Chevron Take Center Stage
Apart from ONEOK Inc. (OKE) and Chevron (CVX), ExxonMobil (XOM), Cheniere Energy (LNG) and TechnipFMC (FTI) hogged attention during the week.
- Reuters
UPDATE 1-US natgas down 3% to one-week low on record output, rise in Canada exports
The amount of U.S. power generated by wind dropped to just 7% of the total so far this week versus a recent high of 17% during the week ended April 21, according to federal energy data. In Texas, wind power was on track to generate just 7,344 gigawatt-hours (GWh) in May in the Electric Reliability Council of Texas (ERCOT), which would be the lowest for the month since 2019 when fewer turbines were in service. Before this month, ERCOT data showed that the amount of wind power generated in May rose every year since 2015 due in part to an increase in the number of turbines operating, hitting a record for any month of 12,454 GWh in May 2022.
- Reuters
US natgas down 3% to one-week low on record output, rise in Canada exports
U.S. natural gas futures fell about 3% to a one-week low on Tuesday with U.S. output on track to hit a monthly record high and as exports from Canada increase as some producers in Alberta return to the wellpad after wildfires. The amount of U.S. power generated by wind dropped to just 7% of the total so far this week versus a recent high of 17% during the week ended April 21, according to federal energy data.
ZacksCheniere (LNG) & Korea Southern Power Sign Long-Term LNG Deal
Cheniere's (LNG) subsidiary, Cheniere Marketing, signs a long-term liquefied natural gas sale and purchase agreement with Korea Southern Power Co. Ltd for more than two decades.
