67.91 0.00 (0.00%)
After hours: 4:47PM EDT
|Bid||66.50 x 1400|
|Ask||70.00 x 800|
|Day's Range||66.83 - 68.18|
|52 Week Range||43.46 - 69.50|
|PE Ratio (TTM)||91.37|
|Earnings Date||Nov 12, 2018 - Nov 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||74.29|
On the back of Bruce Kamish's bearish technical note late August, we think that TELL could trade down on geopolitical risk and the absence of near-term catalysts. While Tellurian's business plan has a diversified three-prong approach (upstream, midstream and liquefaction) and a world-class management team lead by its founders, LNG veteran Charif Souiki and Martin Houston, we think that this ambitious strategy is still in its early innings and today is more of a "show me" story.
Cheniere Energy, Inc. and Cheniere Energy Partners LP Holdings, LLC announced today that Cheniere has closed the previously announced merger of Cheniere Partners Holdings with a wholly owned subsidiary of Cheniere.
The global gas industry, boosted by a host of new projects to feed booming demand, is in better shape than at any point in the last five years but analysts warn it is getting ahead of itself, pointing to the rise of renewable energy as a threat. Commodity merchant Vitol expects trade in liquefied natural gas (LNG) to double to 600 million tonnes annually (mtpa) in the coming years, reflecting forecasts by Russian LNG producer Novatek (NVTK.MM) which sees 700 mtpa by 2030. "The industry is confident," said Christian Brown, president for the oil and gas sector at Canadian-listed SNC Lavalin (SNC.TO), an industrial project management company.
The global gas industry, boosted by a host of new projects to feed booming demand, is in better shape than at any point in the last five years but analysts warn it is getting ahead of itself, pointing to the rise of renewable energy as a threat. Commodity merchant Vitol expects trade in liquefied natural gas (LNG) to double to 600 million tonnes annually (mtpa) in the coming years, reflecting forecasts by Russian LNG producer Novatek which sees 700 mtpa by 2030. "The industry is confident," said Christian Brown, president for the oil and gas sector at Canadian-listed SNC Lavalin , an industrial project management company.
China retaliatory trade sanctions are sending a clear signal to the market: China is strong, big enough to matter among allies, and if willing, able and ready to hurt the U.S. economy in our most pressing exporting sector, natural gas. China imports of U.S. LNG are set for a 10% tariff, extending a trade dispute at a moment when U.S. LNG developers are in the midst of negotiating long-term offtake agreements with major buyers in Asia, casting a shadow over U.S. export terminal projects.
Of the 15 analysts covering Cheniere Energy (LNG) stock, nine recommended a “strong buy,” three recommended a “buy,” and three recommended a “hold” on the stock. None of the analysts recommended a “sell” on the stock as of September 18.
In this part, we’ll discuss Cheniere Energy’s (LNG) total returns. In the past 12 months, Cheniere Energy returned 49%. The company outperformed its peers and even broader markets. Cheniere Energy’s subsidiary, Cheniere Energy Partners (CQP) returned 46% in the past year. We have considered stock appreciation and dividend payments in a particular period to calculate the total returns. The MLP and Energy Infrastructure ETF (MLPX) returned 3% in the past year.
As the trade war between Beijing and Washington escalates, fewer vessels carrying U.S. liquefied natural gas (LNG) have been going to China. China, which purchased about 15 percent of all U.S. LNG shipped in 2017, has taken delivery from just four vessels since June versus 17 during the first five months of the year. Prior to the slowdown, China was on track to import 141.6 billion cubic feet (bcf) of U.S. LNG in 2018, up from 103.4 bcf in 2017 and 17.2 bcf in 2016.
NEW YORK/LONDON, Sept 18 (Reuters) - China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world's second-largest LNG seller. Beijing on Tuesday said it would tax U.S. products worth $60 billion effective Sept. 24 in retaliation for tariffs imposed by U.S. President Donald Trump in an escalating trade war.
Cheniere Energy (LNG) displayed a steep rally this year and notably outperformed its peers. Currently, Cheniere Energy is trading at $64.77, which is almost 2% and 9% above its 50-day and 200-day moving average levels. The fair premium to both of the support levels indicates strength in the stock. The moving average levels around $63.77 and $59.39 are expected to act as a support for Cheniere Energy stock in the near future.
Cheniere Energy (LNG) inks second major long-term LNG deal in 2018. The deal is related to the supply of LNG to Vitol for 15 years on a free-on-board basis.
The burgeoning trade war with China could cripple U.S. natural exports and risk losing billions of dollars in trade, market experts warn.
Energy industry forecasters predict a global demand for 500 million tons of liquefied natural gas by 2030. The U.S. is expected to supply much of China and emerging Asia's natural gas needs, thanks to its surging gas production levels.
Cheniere has signed a 15 year deal with Vitol to sell roughly 0.7 million tons of liquefied natural gas each year, a deal that emphasizes the growing importance of LNG in global markets
Global trade volumes for liquefied natural gas (LNG) could double in the coming years, Vitol's chief executive said after the commodity merchant announced a long-term deal to buy the fuel from U.S. producer Cheniere Energy. Beyond the newcomers, China's surging consumption due to its huge gasification programme will push trading volumes.
Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) announced today that its subsidiary Cheniere Marketing, LLC (“Cheniere Marketing”) has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Vitol Inc. (“Vitol”). Under the SPA, Vitol has agreed to purchase approximately 0.7 million tonnes per annum of LNG from Cheniere Marketing on a free on board basis for a term of approximately 15 years beginning in 2018. “We are pleased to announce this long-term SPA with Vitol, one of the fastest growing players in the global LNG market,” said Jack Fusco, Cheniere’s President and CEO.
A new generation is now moving in on the Permian with money on their minds, these ambitious millennials are set to make their mark on Texas’ oil industry
Two Houston-based energy companies, Cheniere Energy Inc. (NYSE American: LNG) and Enterprise Products Partners LP (NYSE: EPD), made moves on more than $1 billion in debt each. Midstream giant Enterprise reached a 364-day revolving credit agreement for $2 billion, though that number could increase to as high as $2.
U.S. Sen. Ted Cruz, R-Texas, is opposed to the use of tariffs against foreign imports to the U.S., he said during a press briefing in Houston on Sept. 11 at the Petroleum Club. The Trump administration has been using tariffs as a negotiating tool in its ongoing conflicts over trade, especially with China. The tariffs already in place have impacted some of the Bayou City’s largest energy companies, like ConocoPhillips (NYSE: COP) and Plains All American Pipeline LP, and have hindered some development by smaller players in the Houston area.
U.S. Energy Secretary, Rick Perry, is meeting with Russian energy ministry, Alexander Novak, this Thursday to talk about Iran sanctions. Perry and Novak are likely to discuss the building of Russia's Nord Stream 2 pipeline project, which will carry Russian gas to Germany under the Baltic Sea, an initiative that Germany has supported all along given their dependency on Russia to meet their energy needs.
HOUSTON/NEW YORK, Sept 7 (Reuters) - Eight vessels were stalled on Friday at the Sabine Pass Channel on the Texas-Louisiana border after draft restrictions were put in place this week to allow search operations for a displaced pipeline, the U.S. Coast Guard said. Prolonged restrictions could force Cheniere Energy Inc to shut or slow operations at its Sabine Pass liquefied natural gas export terminal, analysts said on Friday. One LNG, one liquefied petroleum gas (LPG) and two oil tankers were waiting to leave Sabine Pass, while one LNG and three oil tankers were waiting to enter the channel, a Coast Guard spokesman said.
Moody's Investors Service today affirmed the Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating (PDR) and the Ba2 rating assigned to Cheniere Energy Partners, LP's (CQP) $1.5 billion ...