|Bid||110.49 x 1000|
|Ask||110.60 x 3000|
|Day's Range||106.78 - 111.13|
|52 Week Range||45.51 - 111.13|
|Beta (5Y Monthly)||1.62|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 04, 2021 - Nov 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||102.64|
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country's fuel security, several sources said. At least five Chinese firms, including state major Sinopec Corp and China National Offshore Oil Company (CNOOC) and local government-backed energy distributors like Zhejiang Energy, are in discussions with U.S. exporters, mainly Cheniere Energy and Venture Global, the sources told Reuters.
Oil prices have settled comfortably above the $80 mark as fears of demand destruction are countered by forecasts of a cold winter
Cheniere Energy has been climbing steadily higher the past year, but the rally is not over yet. Let's look at our usual list of charts and indicators. In this daily bar chart of LNG, below, we can see that prices have broken out on the upside of a four-month consolidation pattern.