62.00 -0.51 (-0.82%)
After hours: 5:06PM EDT
|Bid||60.40 x 1200|
|Ask||62.56 x 2200|
|Day's Range||62.01 - 63.12|
|52 Week Range||40.69 - 69.50|
|PE Ratio (TTM)||84.13|
|Earnings Date||Nov 12, 2018 - Nov 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||72.79|
Carl Icahn’s Icahn Associates, the activist shareholder of the liquified natural gas exporter Cheniere Energy (LNG), continues to be the biggest institutional shareholder of the energy company even after offloading a big chunk in the second quarter. According to the recent 13F filing, Icahn sold net 9.0 million shares of Cheniere Energy and held 9.5% of its total outstanding shares as of June 30.
The U.S. energy regulator has approved a request by Cheniere Energy to feed the first gas into its new liquefied natural gas (LNG) facility in Corpus Christi, Texas, marking the beginning of a commissioning phase for the export terminal. The approval from the Federal Energy Regulatory Commission (FERC), issued late on Thursday, means Cheniere will be able to produce the first commissioning cargo by the fourth quarter of this year, if not earlier. Train 1 at the Corpus Christi facility will become the first LNG export terminal in Texas and the third functioning one in the United States as the country ramps up the sale of the super-chilled gas to unprecedented levels in the coming years.
Since the 2014-16 energy price collapse nearly forced the company into bankruptcy, Chesapeake stock has found itself mired in the single digits. Indeed, its enormous debt and sometimes plunging oil prices affected the stock price. If oil prices remain near current levels and the company sells more assets, Chesapeake can stabilize its balance sheet.
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
Let’s see how analysts are looking at Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP). Energy Transfer Equity has a mean price target of $20.90 against its current market price of $17.41. That implies an estimated upside of 20% for the next 12 months.
Oil prices started the day trading up on news that Saudi Arabia had reduced its production in July, but economic uncertainty driven by Turkey’s currency crisis dragged prices down later in the day
Cheniere Energy Partners (CQP), the MLP subsidiary of Cheniere Energy (LNG), continues to lead in terms of earnings growth among the top MLPs and all the constituents of the Alerian MLP ETF (AMLP). Cheniere Energy, which reports its earnings at the consolidated level, saw similar earnings growth during the first quarter. For more on CQP’s and LNG’s earnings drivers, read Cheniere Energy Missed Estimates This Time: What’s Next?
Cheniere Energy (LNG) reaffirms its EBITDA guidance for full-year 2018 and raises the lower end of the distributable guided range.
In this updated daily bar chart of LNG, below, we can see that prices are poised to close above the slightly bearish 50-day moving average line. The daily On-Balance-Volume (OBV) line shows some modest weakness from early June and this is in line with the weaker prices for the stock from late June. The daily Moving Average Convergence Divergence (MACD) oscillator shows a cover shorts buy signal and is close to moving above the zero line for an outright go long signal.
The recent tariffs on liquefied natural gas from the U.S. to China haven't lessened Cheniere's management appetite to expand operations.
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it had signed a 25-year deal to supply Taiwan's CPC Corp, which CPC valued at roughly $25 billion. Cheniere said it will sell 2 million tonnes of LNG per year on a delivered basis to the state-owned oil and gas company, starting in 2021. CPC's company statement on Saturday did not provide a monetary figure for the deal.
Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) announced today that its subsidiary Cheniere Marketing International LLP (“Cheniere Marketing”) has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with CPC Corporation, Taiwan (“CPC”). CPC has agreed to purchase approximately 2 million tonnes per annum of LNG from Cheniere Marketing on a delivered ex-ship basis for a term of 25 years. “We are pleased to announce this long-term SPA with CPC, one of the LNG market’s most experienced and well-respected companies.
In a first for Wall Street, Goldman Sachs has ventured into LNG trading and is now looking to take advantage of the growing LNG market, in which the world’s largest trading houses have already gained a foothold
* Cheniere chief executive Jack Fusco told analysts on an earnings call that the company expects Sabine 5 and Corpus 1 to produce first LNG in the fourth quarter of 2018. * All of Cheniere's liquefaction trains are capable of liquefying about 0.7 billion cubic feet per day (bcfd) of natural gas. * Cheniere's Sabine, in February 2016, was the first big LNG export facility to enter service in the Lower 48 U.S. states.
Cheniere Energy Inc Chief Executive Jack Fusco said on Thursday he does not expect proposed Chinese tariffs on U.S. liquefied natural gas to have an economic impact on the LNG's company's existing contracts. "We don't foresee an economic impact to Cheniere as it relates to our existing long-term contracts with PetroChina," Fusco told analysts in a call following the release of the company's second-quarter earnings.
Cheniere Energy (LNG) reported its second-quarter earnings before the market opened today. The company missed Wall Street estimates in the second quarter of 2018 after five consecutive quarters of beating expectations. Cheniere Energy posted 24.3% YoY revenue growth during Q2, while analysts were expecting a 34.9% YoY revenue increase. The company also missed on the EBITDA and EPS (earnings per share) front. The consensus EPS estimate was $0.25 per share for the quarter, while the company reported an EPS loss of $0.07 per share.
Cheniere Energy (LNG) delivered earnings and revenue surprises of -121.88% and -4.31%, respectively, for the quarter ended June 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 a loss of 7 cents. The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research ...
A second wave of U.S. liquefied natural gas projects is awaiting investment decisions that hinge on lining up long-term contracts with gas importers. China's threat to slap a 25 percent tariff on U.S. LNG could complicate financing for some of the projects. Beijing is taking aim at President Donald Trump's energy dominance agenda to bring his administration back to the negotiating table, one analyst says.
Cheniere Energy (LNG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP.
U.S. exports of liquefied natural gas (LNG) to China in July fell to their lowest level in a year and are expected to decline further as the Sino-U.S. trade dispute forces utilities to seek alternative supplies. In an escalating trade dispute, China last week said it may slap a 25 percent import tariff on U.S. LNG supplies in retaliation to a raft of duties on Chinese goods that U.S. President Donald Trump has announced since June.
Among the analysts surveyed by Reuters, 81% of the analysts recommend Cheniere Energy (LNG) as a “buy” as of August 2, while 19% of the analysts recommend the stock as a “hold.” Cheniere Energy’s subsidiary, Cheniere Energy Partners (CQP) has a “buy” recommendation from 50.0% of the analysts.