LNG - Cheniere Energy, Inc.

NYSE American - Nasdaq Real-time price. Currency in USD
48.73
+1.44 (+3.04%)
As of 10:11AM EDT. Market open.
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Previous close47.29
Open47.62
Bid48.15 x 900
Ask48.29 x 900
Day's range47.62 - 48.73
52-week range27.06 - 70.49
Volume269,476
Avg. volume3,268,617
Market cap12.285B
Beta (5Y monthly)1.70
PE ratio (TTM)14.10
EPS (TTM)3.46
Earnings date06 Aug 2020 - 10 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est64.45
  • How Cheniere Energy Plans to Survive the Oil and Gas Downturn
    Motley Fool

    How Cheniere Energy Plans to Survive the Oil and Gas Downturn

    Founded nearly 40 years ago, Cheniere Energy (NYSEMKT: LNG) is one of the largest American liquefied natural gas (LNG) producers and exporters. Although the COVID-19 pandemic has resulted in slowing energy demand and has interfered with LNG supply lines and project schedules, Cheniere Energy thinks it can survive this oil and gas downturn. In its quarterly earnings call on April 30, Cheniere noted that Asia's LNG imports increased 7% year-over-year in the quarter, Europe's increased by 25% year-over-year, and U.S. deliveries to Europe increased by 40% quarter-over-quarter.

  • Oilprice.com

    U.S. LNG Investment Suffers As Demand Dwindles

    Weak demand is sparking a wave of natural gas cargo cancelations in the United States, and the situation may be about to become even more dire

  • U.S. LNG Cancellations Swell With Storage Space Vanishing
    Bloomberg

    U.S. LNG Cancellations Swell With Storage Space Vanishing

    (Bloomberg) -- U.S. liquefied natural gas producers face a wave of order cancellations as global buyers struggle with growing stockpiles of the fuel along with demand weakened by the coronavirus crisis.All U.S. projects could get requests to cancel a total of 35-45 cargoes for July loading, which is higher than the number of shipments scrapped for June, traders surveyed by Bloomberg News estimated. That means more than half of the average monthly shipments from the fastest-growing LNG producing country could be scrapped in July.“With U.K. summer demand expected to be lower than average and with limits on storage capacity, it’s clear that there is very little space for any additional supplies,” Hadrien Collineau, a senior analyst at Wood Mackenzie Ltd., said in an emailed note.At least some cargo cancellations would translate into production curbs that could provide some respite from the global glut that has pushed prices to record lows. Shipments from other global suppliers have been robust despite the warm winter and the health crisis eroding demand as new plants keep pushing supply to the market.Cheniere Energy Inc., the nation’s biggest producer of LNG, received requests to cancel as many as 30 cargoes due for loading in July from buyers with long-term supply contracts, said people familiar with the situation. Cheniere may also cancel some of its own cargoes, which it typically sells into the spot market, the people said.For June, buyers told Cheniere that they would not lift at least 10 cargoes.Requests have been made to cancel shipments from both the Sabine Pass and Corpus Christi plants in the U.S. Buyers from Europe to Asia have also made requests to cancel July loading shipments from other American projects, including from Sempra Energy’s Cameron terminal in Louisiana and Freeport LNG Development LP’s Texas project, according to the people.Freeport LNG declined to comment. Cameron LNG said in an emailed response to questions that customers have made some modifications to their production and cargo loading plans in response to current market conditions, without providing specifics. U.S. LNG export history in number of cargoes:Economics for sending U.S. LNG to markets in Asia and Europe have rapidly deteriorated. The Henry Hub benchmark in the U.S., the main price link for U.S. LNG, is now above prices in European hubs. While Asian spot prices rebounded from record lows, they still don’t make U.S. exports profitable.Current forward prices indicate that traders will lose more than $0.70 per million British thermal units on LNG export operations from the Gulf Coast to Rotterdam, and more than $0.40 per million Btu for exports to Tokyo in July 2020, Anna Borisova, an analyst at BloombergNEF said in a note.“Negative profit margins for U.S. LNG exports suggest that cancellations may continue until October 2020,” she said. “Even the buyers that consider both liquefaction and LNG tankers as a sunk cost will make losses if they decide to export the commodity.”Storage sites in Europe, the closest market for U.S. cargoes, are already fuller than normal, limiting capacity to receive more imports in the latter part of the summer.There are signs U.S. LNG cargo cancellations may be starting to feed into actual production curbs as natural gas flows to U.S. export plants plummeted to their lowest level in seven months.Most of Cheniere buyers had to submit requests to cancel July loading shipments by Wednesday. Cheniere declined to comment on commercial discussions with its customers or operations.“The flexibility inherent in our LNG contracts – destination flexibility and the option to not lift cargoes, but pay the liquefaction fee – helps our customers effectively manage their energy portfolios through market cycles, while still providing Cheniere with reliable cash flow,” the company said in an email.(Update with Cameron LNG comment in the eighth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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    Simply Wall St.

    Why Unitil Corporation’s (NYSE:UTL) Return On Capital Employed Is Impressive

    Today we'll evaluate Unitil Corporation (NYSE:UTL) to determine whether it could have potential as an investment idea...

  • Cheniere Energy Q1 Earnings, Revenues Top on Solid LNG Volumes
    Zacks

    Cheniere Energy Q1 Earnings, Revenues Top on Solid LNG Volumes

    In Q1, Cheniere Energy's (LNG) share repurchase stands at an aggregate of 2.9 million for $155 million under its buyback program.

  • Is There An Opportunity With Cheniere Energy, Inc.'s (NYSEMKT:LNG) 50% Undervaluation?
    Simply Wall St.

    Is There An Opportunity With Cheniere Energy, Inc.'s (NYSEMKT:LNG) 50% Undervaluation?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cheniere Energy, Inc...

  • Is Cheniere Energy (LNG) a Great Value Stock Right Now?
    Zacks

    Is Cheniere Energy (LNG) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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  • The Worst May Be Over For Oil
    Oilprice.com

    The Worst May Be Over For Oil

    Oil prices spiked on Tuesday morning as demand appears to be slowly returning while non-OPEC supply continues to go offline

  • Cheniere Energy (LNG) Q1 2020 Earnings Call Transcript
    Motley Fool

    Cheniere Energy (LNG) Q1 2020 Earnings Call Transcript

    Joining me today are Jack Fusco, Cheniere's president and CEO; Anatol Feygin, executive vice president and chief commercial officer; and Michael Wortley, executive vice president and CFO. The call agenda is shown on Slide 3.

  • Cheniere Reports First Quarter 2020 Results and Reconfirms Full Year 2020 Guidance
    Business Wire

    Cheniere Reports First Quarter 2020 Results and Reconfirms Full Year 2020 Guidance

    Cheniere Energy, Inc. (NYSE American: LNG):

  • Oilprice.com

    The LNG Market Is “Imploding”

    While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering

  • Cheniere to Host Virtual Annual Meeting of Shareholders
    Business Wire

    Cheniere to Host Virtual Annual Meeting of Shareholders

    Cheniere Energy, Inc. ("Cheniere" or the "Company") (NYSE American: LNG) announced today that its 2020 Annual Meeting of Shareholders ("Annual Meeting") will be conducted solely as a virtual meeting online due to the public health impact of the COVID-19 pandemic. A virtual Annual Meeting will help support the health and well-being of our shareholders, employees, and our community, while adhering to government-recommended and required limits on gatherings and events.

  • Cheniere Commits More Than $1,000,000 to Global COVID-19 Relief Efforts
    Business Wire

    Cheniere Commits More Than $1,000,000 to Global COVID-19 Relief Efforts

    Cheniere Energy, Inc. ("Cheniere") (NYSE American: LNG) announced today it has pledged more than $1 million to organizations that provide essential services to those most in need and at risk during the COVID-19 outbreak.

  • The Cheniere Energy (NYSEMKT:LNG) Share Price Is Down 50% So Some Shareholders Are Getting Worried
    Simply Wall St.

    The Cheniere Energy (NYSEMKT:LNG) Share Price Is Down 50% So Some Shareholders Are Getting Worried

    This week we saw the Cheniere Energy, Inc. (NYSEMKT:LNG) share price climb by 20%. But if you look at the last five...

  • Cheniere Announces Timing of First Quarter 2020 Earnings Release and Conference Call
    Business Wire

    Cheniere Announces Timing of First Quarter 2020 Earnings Release and Conference Call

    Cheniere Energy, Inc. ("Cheniere" or the "Company") (NYSE American: LNG) announced today that it plans to issue its earnings release with respect to first quarter 2020 financial results on Thursday, April 30, 2020 before the market opens. Cheniere will host a conference call for investors and analysts at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss first quarter results.

  • What Is Cheniere Energy's (NYSEMKT:LNG) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is Cheniere Energy's (NYSEMKT:LNG) P/E Ratio After Its Share Price Tanked?

    To the annoyance of some shareholders, Cheniere Energy (NYSEMKT:LNG) shares are down a considerable 34% in the last...

  • Cheniere Energy, Inc. Beat Analyst Profit Forecasts, And Analysts Have New Estimates
    Simply Wall St.

    Cheniere Energy, Inc. Beat Analyst Profit Forecasts, And Analysts Have New Estimates

    There's been a notable change in appetite for Cheniere Energy, Inc. (NYSEMKT:LNG) shares in the week since its...

  • WPX vs. LNG: Which Stock Is the Better Value Option?
    Zacks

    WPX vs. LNG: Which Stock Is the Better Value Option?

    WPX vs. LNG: Which Stock Is the Better Value Option?

  • Murphy Oil (MUR) Q4 Earnings Beat Estimates, Revenues Miss
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    Murphy Oil (MUR) Q4 Earnings Beat Estimates, Revenues Miss

    Murphy Oil's (MUR) fourth-quarter 2019 revenues increase on a year-over-year basis.

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    Relief Rally Snaps the Dow's 5-Day Losing Skid

    Relief Rally Snaps the Dow's 5-Day Losing Skid

  • Rally Pauses as Coronavirus Spreads to U.S.
    Zacks

    Rally Pauses as Coronavirus Spreads to U.S.

    Rally Pauses as Coronavirus Spreads to U.S.

  • Sinopec (SNP) to Review Multi-Billion LNG Deal With Cheniere
    Zacks

    Sinopec (SNP) to Review Multi-Billion LNG Deal With Cheniere

    While LNG prices plunge due to a supply glut, this gives Sinopec (SNP) a leverage over Cheniere, which is the supplier in the potential $16-billion LNG deal.