|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||62.10 - 63.42|
|52 Week Range||40.36 - 69.50|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||72.40|
As the trade war between China and the United States escalates, fewer vessels carrying U.S. liquefied natural gas have gone to China over the past two months. China, which purchased 14 percent of all U.S. LNG shipped between February 2016-April 2018, has taken delivery from just one vessel that left the United States in May and none in June compared with 14 during the first four months of the year.
China, which purchased 14 percent of all U.S. LNG shipped between February 2016-April 2018, has taken delivery from just one vessel that left the United States in May and none in June compared with 14 during the first four months of the year. To be sure, one vessel that left the United States in July is on its way to China.
Of the 16 analysts covering Cheniere Energy (LNG), nine recommend “strong buy,” four recommend “buy,” and three recommend “hold.” Their mean price target of $72.40 for Cheniere Energy implies a 19% upside to its current price of $61.05.
A total of 81% of analysts surveyed by Reuters have rated Cheniere Energy (LNG) as a “buy” as of July 12, while the remaining 19% have rated it as a “hold.”
Cheniere Energy’s (LNG) 30-day implied volatility was 31.3% on July 12, slightly lower than its 15-day average of 31.5%. However, the company’s implied volatility is still higher than that of the Alerian MLP ETF (AMLP). AMLP has an implied volatility of 18.7%.
Cheniere Energy (LNG) fell below its 50-day simple moving average in the recent correction. This fall could indicate a bearish sentiment in its stock.
Cheniere Energy Is 10% off Its 52-Week High: What Does This Mean? The recent panic selling after Carl Icahn’s stake sale in Cheniere Energy (LNG) could be a good entry point for long-term investors for two reasons. Firstly, the activist investor is still the biggest shareholder in Cheniere Energy and continues to have confidence in the company’s business model and management.
The US LNG futures contract recently announced by CME Group is expected to benefit Cheniere Energy (LNG) and other US LNG exporters. It will likely lead to better risk management and improved price discovery.
Cheniere Energy is a key player in liquified natural gas, but Cheniere Energy Partners may be the better option
President Trump's standoff against NATO's cost burden this week, particularly towards Germany, signaled the markets of his stance against Russia by emphasizing Europe's dependency on Russian's natural gas. Germany has a strong dependence on Russian gas, preventing Europe from having a consensus position against Russia's prior invasion of Crimea and the intervention of the European Union to support Ukraine.
Ferrellgas (FGP) expects the recently-acquired Diamond Propane to be accretive to earnings and enable business expansion in northern New York.
Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that it plans to issue its earnings release with respect to second quarter 2018 financial results on Thursday, August 9, 2018 before the market opens. Cheniere will host a conference call for investors and analysts at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) to discuss second quarter results. Cheniere Energy, Inc., a Houston-based energy company primarily engaged in LNG-related businesses, owns and operates the Sabine Pass LNG terminal in Louisiana.
Stock Research Monitor: AM, BWP, and BPL LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on LNG sign up now at www.wallstequities.com/registration . On Thursday, July 12, 2018, ...
DALLAS , July 12, 2018 /PRNewswire/ -- Alerian announced that as of the close of business on Monday, July 23, 2018 , the following companies will be added to the Alerian Midstream Energy Select Index (AMEI): ...
CME Group Inc. said Tuesday that it is launching a liquefied-natural-gas futures contract, as industry participants continue their efforts to revolutionize this market by providing a global benchmark to help price and trade the commodity. Last May, Intercontinental Exchange Inc. and S&P Global Platts launched a futures contract based on U.S. LNG exports. A widely used futures contract could help integrate several regional gas markets and become an international benchmark like Brent and West Texas Intermediate became for oil. That will make it easier to price LNG while offering investors a vehicle to speculate on its price and market players a way to hedge their risks in this market.
CME Group Inc said on Tuesday it will develop the first physically deliverable U.S. liquefied natural gas futures contract as growing worldwide demand has made the United States a key LNG exporter. CME said the contract will take delivery at Cheniere Energy Inc's Sabine Pass LNG export terminal in Louisiana.
On June 29, the EIA (U.S. Energy Information Administration) released its monthly US natural gas exports data. It reported that US natural gas exports had fallen 4.25% to 9.25 Bcf (billion cubic feet) per day in April compared to March. However, exports increased by 1.01 Bcf per day (or 12.3%) year-over-year.
Cheniere Energy (LNG) intends to commence long-term operations from the CCL project's first liquefaction train in the first half of 2019.
Considering the secular shift to cleaner burning fuel for power generation worldwide and in the Asia-Pacific region in particular, Cheniere Energy (LNG) is likely to cash in on the development.
Cheniere Energy (LNG), the first midstream company to start LNG (liquefied natural gas) exports from the lower 48 states, has generated massive wealth for investors over the past seven years. Cheniere Energy has outperformed not only the US energy sector but also the broader US market. Cheniere Energy Partners (CQP), Cheniere Energy’s subsidiary, has also generated multifold returns over the past seven years.