|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||66.01 - 66.75|
|52 Week Range||50.08 - 71.03|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||30.06|
|Earnings Date||Feb 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||78.65|
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! After Cheniere Energy, Inc.'s (NYSEMKT:LNG) recent earningsRead More...
Total backlog of TechnipFMC (FTI) at the end of fourth-quarter 2018 is estimated at $15 billion, higher than $13 billion in the year-ago period.
Asian spot prices for liquefied natural gas (LNG) continued their downward spiral this week, hitting a 17-month low as the market moved further away from the peak winter-demand period and inventories remained high in the region. Spot prices for March delivery to Asia fell to $6.50 per million British thermal units (mmBtu) this week, down 20 cents from the previous week to their lowest since Sept. 8, 2017, trade sources said. Demand in China remained tepid as many factories there were still shut for Lunar New Year celebrations, trade sources said.
Bob Pender, a former energy lawyer, and Michael Sabel, who worked as a banker -- don’t have previous experience developing projects to ship liquefied natural gas. The stakes are high: With global demand rising, Venture’s project is one of about a dozen vying to join a second wave of terminals to export soaring U.S. gas production overseas. Venture’s strategy is drawing interest, but analysts remain skeptical about the endgame, with rivals that include deep-pocketed oil majors like Exxon Mobil Corp.
Increasing volumes from NGTL, Columbia Gas, Grand Rapids, Northern Courier and Keystone pipeline projects are likely to drive revenues and EBITDA margins of TransCanada (TRP) in Q4.
January was a good month for TransCanada and other midstream stocks, but the early 2019 gains tell different stories when you dig deeper.
Natural gas flows to U.S. liquefied natural gas export terminals were expected to increase in coming days after collapsing to their lowest level in almost a year as fog clears along the Gulf Coast, according to analysts and data from Refinitiv. Analysts said the drop was due to maintenance work at the LNG terminals and the pipelines feeding them, and fog, which forced several vessels to drop anchor in the Gulf of Mexico. Now that the fog is clearing, the tankers are starting to move, according to Refinitiv's shipping data.
At least four pipelines are scheduled to come online this year that will move Texas oil to Corpus Christi.
“Right now, it’s a risk-on mentality—you want to be long riskier assets until you get a deal with China,” he said in extensive comments to Bloomberg. “You want to fade the rally into the deal—and that deal is probably going to be a watered down deal anyway,” he said.
Top Midstream Stocks Ended Last Week with Gains(Continued from Prior Part)Top gainsAmong MLPs and midstream stocks, Viper Energy Partners (VNOM) rose 9.4% in the week ending February 1. The stock has risen 22% YTD (year-to-date). Global Partners
and Qatar Petroleum have given the go-ahead for a $10bn-plus project to export liquefied natural gas from the US, opening a new route for low-cost resources unlocked by the shale revolution to reach world markets. The Golden Pass LNG project in Texas, a conversion of a site originally built as a gas import facility, is intended to come on stream in 2024, exporting 16m tonnes of LNG a year. It is owned 70 per cent by Qatar Petroleum and 30 per cent by Exxon, extending a longstanding partnership between the two companies that includes co-operation on giant LNG export projects in Qatar.
Asian spot prices for liquefied natural gas (LNG) fell to a nine-month low this week as the region remains oversupplied amid a warmer-than-usual winter. Spot prices for March delivery to Asia (LNG-AS) this week fell to $7.00 per million British thermal units (mmBtu), down $1 from the previous week, lowest since April 6, trade sources said. Oil major BP offered a cargo for March 26 to 28 for delivery into Japan, South Korea, Taiwan or China at $7.10 per mmBtu during the Platts pricing process on Thursday, industry sources said.
Murphy Oil (MUR) posts year-over-year improvement in fourth quarter earnings, courtesy of growing oil-focused production portfolio.
CNX Resources' (CNX) fourth-quarter earnings surpass the Zacks Consensus Estimate, while its revenues miss the same marginally.
Cheniere Energy’s Charts, Valuation, Price Targets, and More(Continued from Prior Part)Analyst price targets According to Wall Street analysts estimates, Cheniere Energy (LNG) stock has a median target price of $78.3—compared to its current
Cheniere Energy’s Charts, Valuation, Price Targets, and More(Continued from Prior Part)Moving averagesCheniere Energy (LNG) stock is currently trading at $65.4, approximately 7% above its 50-day moving average and 4% above its 200-day simple
Cheniere Energy’s Charts, Valuation, Price Targets, and More(Continued from Prior Part)ValuationCheniere Energy (LNG) stock rallied approximately 11% in the last 12 months. It’s trading at a forward EV-to-EBITDA multiple of 13.7x, based on its