LNG - Cheniere Energy, Inc.

NYSE American - Nasdaq Real Time Price. Currency in USD
63.87
+0.01 (+0.02%)
At close: 4:00PM EDT

63.87 0.00 (0.00%)
After hours: 4:28PM EDT

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Previous Close63.86
Open64.25
Bid63.84 x 1200
Ask65.50 x 1200
Day's Range63.55 - 64.26
52 Week Range55.09 - 70.60
Volume1,331,362
Avg. Volume1,761,826
Market Cap16.401B
Beta (3Y Monthly)1.03
PE Ratio (TTM)102.36
EPS (TTM)0.62
Earnings DateNov 1, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est82.16
Trade prices are not sourced from all markets
  • Reuters

    Canadian East Coast LNG export plans progress with Pieridae's Shell deal

    Pieridae Energy moved closer to building a liquefied natural gas (LNG) export terminal on Canada's East Coast after taking ownership of fields from Royal Dutch Shell which will feed gas into the plant, the company said. The Goldboro LNG terminal would be the first on Canada's East Coast and compete with the growing number of plants on the U.S. Gulf Coast, hoping its shorter distance to Europe and further west will help sell its LNG by cutting shipping costs.

  • Reuters

    Canadian E.Coast LNG export plans progress with Pieridae's Shell deal

    Pieridae Energy moved closer to building a liquefied natural gas (LNG) export terminal on Canada's East Coast after taking ownership of fields from Royal Dutch Shell which will feed gas into the plant, the company said. The Goldboro LNG terminal would be the first on Canada's East Coast and compete with the growing number of plants on the U.S. Gulf Coast, hoping its shorter distance to Europe and further west will help sell its LNG by cutting shipping costs.

  • Reuters

    UPDATE 2-Big U.S. liquefied natgas players move fast; smaller ones try to keep up

    NEW YORK/LONDON, Oct 17 (Reuters) - A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financing for their first plants. LNG trade has traditionally been underpinned by long-term purchasing deals which finance multi-billion dollar terminals that liquefy natural gas by chilling it to -260 degrees Fahrenheit (-160 Celsius), load it onto ships, and regasify it when delivered. "The industry is moving away from long-term agreements to justify construction of a new facility to a true commodity business," said Charif Souki, co-founder and Chairman of Tellurian Inc.

  • Reuters

    CORRECTED-(OFFICIAL)-UPDATE 1-Big U.S. liquefied natgas players move fast; smaller ones try to keep up

    NEW YORK/LONDON, Oct 17 (Reuters) - A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financing for their first plants. LNG trade has traditionally been underpinned by long-term purchasing deals which finance multi-billion dollar terminals that liquefy natural gas by chilling it to -260 degrees Fahrenheit (-160 Celsius), load it onto ships, and regasify it when delivered. The growing prowess of oil majors such as Exxon and recent entrants such as Cheniere and trading houses means there are aggregators that can supply buyers more flexibly, making it harder for smaller players.

  • Big U.S. liquefied natgas players move fast; smaller ones try to keep up
    Reuters

    Big U.S. liquefied natgas players move fast; smaller ones try to keep up

    NEW YORK/LONDON (Reuters) - A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financing for their first plants. LNG trade has traditionally been underpinned by long-term purchasing deals which finance multi-billion dollar terminals that liquefy natural gas by chilling it to -260 degrees Fahrenheit (-160 Celsius), load it onto ships, and regasify it when delivered. The growing prowess of oil majors such as Exxon and recent entrants such as Cheniere and trading houses means there are aggregators that can supply buyers more flexibly, making it harder for smaller players.

  • Hedge Fund Freshford Capital Management’s Top Stock Picks
    Insider Monkey

    Hedge Fund Freshford Capital Management’s Top Stock Picks

    Freshford Capital Management is a New York based hedge fund, launched in 2008 by Michael Doheny, the fund’s principal owner and President. Mr. Doheny holds B.S. in Accounting and Economics from Boston College, and prior to funding Freshford Capital Management he gained experience working at Kensico Capital for eight years. Freshford Capital management employs a […]

  • NBLX vs. LNG: Which Stock Should Value Investors Buy Now?
    Zacks

    NBLX vs. LNG: Which Stock Should Value Investors Buy Now?

    NBLX vs. LNG: Which Stock Is the Better Value Option?

  • Is Cheniere Energy, Inc. (LNG) A Good Stock To Buy?
    Insider Monkey

    Is Cheniere Energy, Inc. (LNG) A Good Stock To Buy?

    At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of June 28. In this […]

  • Estimating The Intrinsic Value Of Cheniere Energy, Inc. (NYSEMKT:LNG)
    Simply Wall St.

    Estimating The Intrinsic Value Of Cheniere Energy, Inc. (NYSEMKT:LNG)

    In this article we are going to estimate the intrinsic value of Cheniere Energy, Inc. (NYSEMKT:LNG) by projecting its...

  • Zacks

    Bumpy Road to Trade Talks

    Bumpy Road to Trade Talks

  • Business Wire

    Cheniere Announces Timing of Third Quarter 2019 Earnings Release and Conference Call

    Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that it plans to issue its earnings release with respect to third quarter 2019 financial results on Friday, November 1, 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 third 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.

  • Moody's

    Cheniere Corpus Christi Holdings, LLC -- Moody's upgrades Cheniere Corpus Christi Holdings, LLC to Ba1; outlook is positive

    Rating Action: Moody's upgrades Cheniere Corpus Christi Holdings, LLC to Ba1; outlook is positive. Global Credit Research- 03 Oct 2019. Approximately $4.3 billion of Debt Securities Affected.

  • Zacks

    Rough Start to Fourth Quarter

    Rough Start to Fourth Quarter

  • Gunvor Leads LNG Ship Charters and Will Top 2018 Volume
    Bloomberg

    Gunvor Leads LNG Ship Charters and Will Top 2018 Volume

    (Bloomberg) -- Energy trader Gunvor Group Ltd. is on track to exceed last year’s delivery volumes for liquefied natural gas and is already leading rivals in short-term ship charters for the super-chilled fuel.Gunvor has conducted at least 35 charters to carry LNG so far this year, according to research by Fearnleys, which looked at fixtures of less than three years. That’s more than all competitors including major LNG players Qatargas, Cheniere Energy Inc. and Royal Dutch Shell Plc, as well as trading houses Vitol Group and Trafigura Group Ltd.“We have actually, so far, exceeded the number that Fearnleys has in the report,” said Seth Pietras, a Gunvor spokesman in Geneva, without being more specific.While most LNG is still traded under long-term contracts, the share of so-called spot deals, or those less than 90 days, and short-term transactions is rising with the expansion of flexible supply from the U.S. and as buyers seek shorter, less rigid deals.Gunvor is also set to exceed last year’s record deliveries. In 2018, it boosted its LNG volume by 60% to about 11 million metric tons, topping larger rivals Vitol and Trafigura.“We’re on track to significantly increase that volume this year,” Pietras said.The biggest energy trading houses have been rapidly expanding their LNG operations in the past five years, chartering vessels, investing in regasification infrastructure and signing long-term supply contracts with end users that can last for more than a decade.GasLog Ltd., which signed two vessel charters with Gunvor, said the trader’s growth has come despite market headwinds. It can also be attributed to Gunvor’s “ability to structure cargo opportunities where others cannot,” a spokesman for the shipowner said.Traders around the world have this year been hit by declining LNG prices and a narrowing price differential between Pacific and Atlantic regions, a key way for them to make money.Gunvor concluded 25 spot to multi-voyage fixtures in 2018. It currently has 12 vessels that keep natural gas cooled to about minus 160 degrees Celsius (minus 256 Fahrenheit) under its control, Pietras said.The Fearnleys report shows that the vast majority of the Gunvor LNG charters this year have been spot fixtures.Pietras said that while more than 60% of Gunvor’s LNG volumes delivered in 2018 were under mid- to long-term contracts, that percentage will also increase as the trading house expands the number of LNG vessels it has under long-term charter.Gunvor earlier this year named Singapore-based Kalpesh Patel and Ksenia Alleyne in Geneva as global co-heads of LNG.(A previous version of this story corrected the year in the 10th paragraph.) (Updates with comment from GasLog in eighth paragraph.)To contact the reporters on this story: Andy Hoffman in Geneva at ahoffman31@bloomberg.net;Anna Shiryaevskaya in London at ashiryaevska@bloomberg.netTo contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Andrew Reierson, Rob VerdonckFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    Bangladesh shortlists 17 companies for spot LNG - officials

    Bangladesh has shortlisted 17 companies for its spot tender process as it plans to buy around 1 million tonnes of liquefied natural gas (LNG) next year to capitalise on lower prices for the super-chilled fuel, two company officials said. Petrobangla, in charge of LNG imports into the South Asian country, plans to sign sales and purchase agreements with the shortlisted companies after it receives cabinet approval, the officials with direct knowledge of the matter said. “We are moving ahead with plans to import LNG through the spot market by shortlisting 17 companies out of a total of 43,” one of the Petrobangla officials said.

  • Oil & Gas Stock Roundup: Tellurian's LNG Deal, Equinor's Gas Find & More
    Zacks

    Oil & Gas Stock Roundup: Tellurian's LNG Deal, Equinor's Gas Find & More

    Natural gas company Tellurian (TELL) signed an MOU with India's Petronet to sell 18% stake in its proposed Driftwood LNG terminal and export 5 million tons of LNG a year from it for 40 years.

  • BP Signs $9.61B LNG Supply Deal With South Korea's KOGAS
    Zacks

    BP Signs $9.61B LNG Supply Deal With South Korea's KOGAS

    Per the latest deal, energy giant BP can supply LNG either from the Freeport LNG terminal located in Texas or Calcasieu Pass terminal in Louisiana.

  • Reuters

    LNG tankers divert to Asia, floating storage rises after price spike

    At least five laden liquefied natural gas (LNG) tankers changed course from Europe to Asia and a rising number of other tankers were being used as floating storage following a spike in Asian LNG prices in the past week, trade sources said. While there may be specific reasons for the re-routing of individual cargoes, the diversion of so many tankers at the same time indicated a long market, meaning sellers were holding positions in the expectation of higher prices, the sources said. Spot Asian LNG prices jumped last week after a rise in European gas prices and extended gains this week following on from the oil price spike due to the attacks on Saudi Arabia's oil facilities.

  • Reuters

    UPDATE 1-Next wave of U.S. LNG export projects to be ‘tougher’ -Blackstone Energy CEO

    The next wave of U.S. liquefied natural gas (LNG) export projects will be “tougher” to bring online, as companies with existing facilities take advantage of lower costs to expand capacity in coming years, the chief executive of Blackstone Energy Partners said on Wednesday. Blackstone CEO David Foley said at the Gastech Energy Conference in Houston that only one or two new startup projects may reach a final investment decision (FID) in the next wave of U.S. LNG export projects. “In terms of liquefaction capacity that gets FID from the U.S., the hit rate will be a lot higher on projects either sponsored by major oil companies or expansions of existing facilities,” Foley said.

  • Cheniere Units Ink New Gas Supply Deal With EOG Resources
    Zacks

    Cheniere Units Ink New Gas Supply Deal With EOG Resources

    Per the terms of the agreement, EOG Resources will sell natural gas for almost 15 years to Cheniere Energy (LNG) effective early 2020.

  • Morningstar

    What the Saudi Oil Attack Means for Energy Stocks

    After an attack on Sept. 14, Saudi Arabia has lost about 5.7 million barrels per day of oil production capacity. Early commentary and media speculation suggest that this is possible, but satellite imagery reveals extensive damage and it is not unrealistic to expect full repairs to drag on for months.

  • Reuters

    Cheniere signs gas deals linked to spot LNG with U.S. shale producer

    U.S. liquefied natural gas (LNG) producer Cheniere Energy has signed long-term gas supply deals with shale producer EOG Resources, with some of the gas tied to Asian spot LNG prices in the second instance of such a link. Cheniere typically buys natural gas using a price mechanism linked to a U.S. gas benchmark, but in a June deal with Apache Corp, it signed its first supply agreement tied to spot LNG prices.