MBL Wealth LLC bought a new position in Cheniere Energy, Inc. (NYSE:LNG – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,042 shares of the energy company’s stock, valued at approximately $549,000.
Several other hedge funds have also modified their holdings of LNG. T3 Companies LLC purchased a new position in shares of Cheniere Energy in the 3rd quarter worth approximately $284,000. Curry Webb Wealth Management LLC bought a new position in shares of Cheniere Energy during the 3rd quarter worth approximately $32,000. NBT Bank N.A. purchased a new stake in Cheniere Energy during the third quarter valued at approximately $448,000. Root Financial Partners LLC purchased a new stake in Cheniere Energy during the third quarter valued at approximately $258,000. Finally, Adams Natural Resources Fund Inc. purchased a new stake in Cheniere Energy during the third quarter valued at approximately $4,197,000. 87.26% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Cheniere Energy
Here are the key news stories impacting Cheniere Energy this week:
- Positive Sentiment: Large QatarEnergy contract strengthens long-term visibility: Cheniere agreed to supply QatarEnergy with 4 million metric tons of LNG annually through 2054—2 million tons each from its Sabine Pass and Corpus Christi facilities. The decades-long, take-or-pay-style demand commitment could support stable cash flows and reduce marketing risk. Cheniere Energy Boosts LNG Contract Backlog With QatarEnergy Deal
- Positive Sentiment: Potential support for Sabine Pass expansion: The agreement helps underpin Cheniere’s planned capacity expansion, potentially improving utilization and creating additional long-term earnings and cash-flow opportunities. QatarEnergy is seeking U.S. LNG as geopolitical disruptions affect Middle Eastern supply routes. Cheniere signs LNG supply deals with QatarEnergy through 2054
- Positive Sentiment: One analyst raised its valuation: JPMorgan increased its price target from $334 to $344 and maintained an “overweight” rating, indicating confidence in Cheniere’s contracted growth outlook.
- Positive Sentiment: Related partnership continues returning cash: Cheniere Energy Partners, L.P. declared a quarterly cash distribution of $0.890 per common unit, highlighting ongoing cash generation from the associated LNG infrastructure. This distribution is made by the partnership rather than directly by Cheniere Energy.
- Neutral Sentiment: Earnings expectations are favorable but unconfirmed: Analysts expect Cheniere to potentially exceed estimates in its upcoming report, though this is based on consensus indicators rather than reported results.
- Negative Sentiment: Valuation and analyst views are mixed: Bernstein reaffirmed an “outperform” rating but set a $283 price target, below the current trading level. Investors may also weigh execution, financing, and construction risks associated with expansion projects.
Cheniere Energy Price Performance
Shares of LNG stock opened at $298.80 on Friday. Cheniere Energy, Inc. has a fifty-two week low of $186.20 and a fifty-two week high of $300.89. The firm has a market capitalization of $61.71 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 1.19 and a beta of 0.06. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.72 and a current ratio of 0.87. The stock’s 50-day simple moving average is $278.86 and its 200-day simple moving average is $261.05.
Cheniere Energy (NYSE:LNG – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The energy company reported $3.02 EPS for the quarter, missing the consensus estimate of $3.11 by ($0.09). The company had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $4.92 billion. Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The business’s revenue for the quarter was up 23.5% compared to the same quarter last year. During the same period in the previous year, the business earned $7.30 earnings per share. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 16.75 earnings per share for the current fiscal year.
Cheniere Energy Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, August 18th. Shareholders of record on Monday, August 10th were paid a dividend of $0.5550 per share. The ex-dividend date was Monday, August 10th. This represents a $2.22 dividend on an annualized basis and a yield of 0.7%. Cheniere Energy’s dividend payout ratio is presently 16.53%.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on LNG shares. Weiss Ratings upgraded shares of Cheniere Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $340.00 price target on shares of Cheniere Energy in a research report on Monday, October 19th. UBS Group reiterated a “buy” rating on shares of Cheniere Energy in a report on Tuesday, September 1st. Argus set a $330.00 price objective on Cheniere Energy in a report on Tuesday, August 18th. Finally, TD Cowen reissued a “buy” rating on shares of Cheniere Energy in a research report on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $310.65.
View Our Latest Analysis on LNG
Cheniere Energy Profile
Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.
Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.
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