|Bid||0.00 x 800|
|Ask||62.04 x 1200|
|Day's Range||60.54 - 62.35|
|52 Week Range||46.00 - 71.03|
|Beta (3Y Monthly)||1.50|
|PE Ratio (TTM)||83.39|
|Earnings Date||Nov 12, 2018 - Nov 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||79.00|
Asian spot prices for liquefied natural gas (LNG) fell this week despite several Japanese buyers in the market, as sellers held onto cargoes hoping for higher bids and used tankers as storage, which also reduced ship availability for other deals. Spot prices for January delivery in North Asia (LNG-AS) were heard at $10.90 per million British thermal units (mmBtu), 30 cents lower than last week. For late December, spot prices were heard at $10.40 per mmBtu, although they were under the $10 mark for early December delivery weeks.
Cold weather blanketing much of the United States this week boosted spot natural gas prices for Thursday to their highest since January in several regions, while natural gas futures slid 10 percent as investors took profits after a rally that had lifted them to their highest levels in nearly four years. Next-day prices for Thursday, meanwhile, rose to their highest since January at the Henry Hub (NG-W-HH-SNL) benchmark in Louisiana, Dominion South (NG-PCN-APP-SNL) in Pennsylvania and Chicago citygate (NG-CG-CH-SNL). Next-day gas at the Henry Hub rose to $4.57/mmBtu, their highest since January for a fifth day in a row, due to cold weather nationally and as demand at nearby liquefied natural gas (LNG) export terminals rose to new highs with the start of new liquefaction trains.
The Corpus Christi project is the third export facility in the United States that produces LNG, after Cheniere's (LNG) Sabina Pass and Dominion's Cove Point terminal.
Cheniere Energy (LNG), the leading liquified natural gas producer, reported its third-quarter earnings on November 8. The higher earnings were mainly driven by a higher number of liquefied natural gas cargoes exported from the Sabine Pass Liquefaction project. After delivering a strong performance in the third quarter, Cheniere Energy’s management raised its adjusted EBITDA guidance to $2.45 billion–$2.55 billion for 2018, which implies an increase of 44% year-over-year.
Cheniere Energy (LNG) delivered earnings and revenue surprises of -3.70% and 21.51%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Houston-based company said it had profit of 26 cents. The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research ...
In 2016 Jack Fusco was appointed CEO of Cheniere Energy Inc (NYSEMKT:LNG). First, this article will compare CEO compensation with compensation at other large companies. Then we’ll look at a Read More...
Polish state-run gas firm PGNiG has signed a long-term deal with Cheniere Marketing International to secure liquefied natural gas (LNG) supplies from the United States, it said on Thursday, as Poland seeks to cut dependence on Russian fuel. Poland consumes around 17 billion cubic metres of gas annually, more than half of which comes from Russia's Gazprom under a long-term deal that expires in 2022. PGNiG has previously said it does not intend to extend the agreement, and has taken steps to secure supplies elsewhere after that date.
Southwestern Energy (NYSE:SWN) has again generated interest. A weather-related spike in natural gas prices has again boosted optimism in the sector. It also offers welcome relief as SWN stock has suffered from low natural gas pricing and massive debt.
Wall Street analysts expect significant upside potential in Cheniere Energy (LNG) stock. It has a median price target of $77.63, compared to its current market price of $60.27, indicating an estimated upside of more than 28% over the next 12 months.
Cheniere Energy (LNG) stock tumbled more than 15% in October. The recent weakness shoved it below its 50-day and 200-day simple moving averages. The moving average levels, around $65.23 and $61.26, are expected to act as resistance for Cheniere Energy stock in the near future.
Cheniere Energy (LNG) stock was weak recently, but it’s still up more than 10% so far this year. The MLP and Energy Infrastructure ETF (MLPX) has fallen more than 11% year-to-date. Cheniere Energy accounts for ~8.3% of MLPX.
Wall Street expects Cheniere Energy (LNG) to report adjusted EBITDA of $531 million for the quarter that ended on September 30—an increase of more than 36% year-over-year. Cheniere Energy has already seen a 68% increase in adjusted EBITDA during the first six months of 2018. Cheniere Energy’s earnings growth mainly depends on LNG (liquefied natural gas) exports and liquefaction capacity.
Cheniere Energy (LNG) is slated to release its third-quarter results on November 8. According to consensus estimates, Cheniere Energy will report total revenues of $1.63 billion for the quarter ended September 30, suggesting revenue growth of 16% year-over-year. Cheniere Energy posted revenues of $1.54 in the second quarter, reflecting growth of 24.3% year-over-year.
According to Wall Street analysts’ estimates, Energy Transfer (ET) stock has a median price target of $22.15 compared to its current market price of $15.83, which implies an upside potential of 40% for it over the next 12 months. Raymond James raised ET’s price target from $19.0 to $20.0 on October 30. Energy Transfer stock is currently followed by 14 analysts. Enterprise Products Partners (EPD) has a target price of $33.95, which indicates a potential upside of ~26% from its current price of $27.01.
Buy the dollar but sell FAANGs, buy real estate and machinery, but sell the overall market. Investors heading into Tuesday's U.S. congressional elections are trying to fathom how best to predict the outcome and profit from it. After two years of wielding no practical political power in Washington, the Democratic Party faces a strong chance of winning control of the U.S. House of Representatives in next week's election, with Republicans likely to keep the Senate.
Energy Transfer (ET) stock is currently trading at a forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 12x based on its expected 2019 earnings. Its five-year historical average valuation is over 16x. The peer average forward EV-to-EBITDA multiple is close to 10x.
Cheniere Energy (LNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Gaslog, a liquefied natural gas (LNG) carrier, said on Thursday it was considering extra dividends or a share buyback after reporting record profit due to soaring shipping rates, which are expected to remain elevated for the next year or two. The U.S.-listed company is the world's largest independent owner of LNG shipping vessels with long-term charters with Royal Dutch Shell, a major LNG trader, and Cheniere Energy , a new U.S. LNG producer and trader, amongst others. LNG shipping spot rates have more than doubled since August thanks to rising volumes needing to be shipped as new plants come on stream, longer journeys made and an expected reduction in availability that has prompted charterers to lock in contracts.
Cheniere Energy will commission the first liquefied natural gas (LNG) cargo from its new Corpus Christi export terminal on Nov. 15, the Texas port's chief executive said on Tuesday. The commissioning of the cargo, months ahead of schedule, will mark the start of operations at Cheniere's second LNG export facility and only the third major export facility in the United States. The Corpus Christi terminal had been undergoing commissioning work since the summer and while it was scheduled to come onstream in the first half of next year, Cheniere had said previously first LNG would come before the end of the year.
VANCOUVER/NEW YORK, Oct 30 (Reuters) - The delay of a U.S. Gulf Coast liquefied natural gas (LNG) export project has crystallized fears that the U.S. trade battle with China is hampering efforts to line up buyers needed to move ahead with multi-billion-dollar builds. The United States is positioning itself as the dominant provider of the supercooled fuel as Asian nations shift away from dirtier power sources like coal, and this month's approval of a giant Canadian project led by Royal Dutch Shell bolstered enthusiasm for the sector overall in North America. "Chinese LNG demand growth is the largest piece of demand growth out there, and Chinese buyers have got to feel reluctant to commit to U.S. capacity when the U.S. government sees trade as a means of exerting political leverage," said Bob Ineson, managing director of North American natural gas at IHS Markit.