A number of research firms have changed their ratings and price targets for Cheniere Energy (NYSEAMERICAN: LNG):

  • 2/12/2018 – Cheniere Energy was given a new $65.00 price target on by analysts at Barclays PLC. They now have a “buy” rating on the stock.
  • 2/12/2018 – Cheniere Energy had its price target raised by analysts at Morgan Stanley from $50.00 to $59.00. They now have an “equal weight” rating on the stock.
  • 2/2/2018 – Cheniere Energy was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Cheniere Energy – with its first-mover advantage in exporting liquefied natural gas from the U.S. – is primed for significant revenue and earnings growth. The company is the only LNG exporter of the U.S. and plans to turn the natural gas glut into export revolution, currently exporting to over 20 countries. Further, Cheniere Energy's long term contracts protect its future income and lowers exposure to commodity price fluctuations, while offering excellent cash flow visibility. The company's recent gas supply deals with Poland, Lithuania and South Korea is likely to boost its revenue growth trajectory in the coming years. However, setting up natural gas liquefaction plants is a costly affair that requires high capital spending. This has translated into a huge debt burden for the company, thereby deteriorating its leverage and credit metrics. Therefore, we take a cautious stance on the prospects of the stock.”
  • 1/29/2018 – Cheniere Energy had its “buy” rating reaffirmed by analysts at Scotiabank. They now have a $65.00 price target on the stock.
  • 1/19/2018 – Cheniere Energy had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $62.00 price target on the stock.
  • 1/17/2018 – Cheniere Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “With a string of losses likely to dampen investor confidence, we are recalibrating our investment thesis on Cheniere Energy to Sell from Hold. An expansion stage company with high cash outflow and limited predictability, we rate Cheniere Energy as a risky bet going forward. The company is in the business of setting up natural gas liquefication plants, which is a costly affair that requires high capital spending. This has translated into a huge debt burden for the company – currently at nearly $25 billion – and has raised its risk profile. What's more, Cheniere's leveraged balance sheet is unlikely to improve in the next few years due to low internally generated cash flow. Considering these headwinds, we expect Cheniere Energy to perform below the industry, which gives investors little reason to hold the stock.”
  • 1/8/2018 – Cheniere Energy was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Cheniere Energy – with its first-mover advantage in exporting liquefied natural gas from the U.S. – is primed for significant revenue and earnings growth. The company is the only LNG exporter of the U.S. and plans to turn the natural gas glut into export revolution, currently exporting to over 20 countries. Further, Cheniere Energy's long term contracts protect its future income and lowers exposure to commodity price fluctuations, while offering excellent cash flow visibility. The company's recent gas supply deals with Poland, Lithuania and South Korea is likely to boost its revenue growth trajectory in the coming years. However, setting up natural gas liquefaction plants is a costly affair that requires high capital spending. This has translated into a huge debt burden for the company, thereby deteriorating its leverage and credit metrics. Therefore, we take a cautious stance on the prospects of the stock.”
  • 1/4/2018 – Cheniere Energy is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $65.00 price target on the stock.
  • 1/2/2018 – Cheniere Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “With a string of losses likely to dampen investor confidence, we are recalibrating our investment thesis on Cheniere Energy to Strong Sell from Hold. An expansion stage company with high cash outflow and limited predictability, we rate Cheniere Energy as a risky bet going forward. The company is in the business of setting up natural gas liquefication plants, which is a costly affair that requires high capital spending. This has translated into a huge debt burden for the company –  currently at nearly $25 billion – and has raised its risk profile. What's more, Cheniere's leveraged balance sheet is unlikely to improve in the next few years due to low internally generated cash flow. Considering these headwinds, we expect Cheniere Energy to perform below the industry, which gives investors little reason to hold the stock.”

Shares of Cheniere Energy, Inc. (LNG) opened at $56.45 on Tuesday. Cheniere Energy, Inc. has a 12 month low of $40.36 and a 12 month high of $60.22. The stock has a market capitalization of $13,810.00, a P/E ratio of -32.07 and a beta of 1.72.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its quarterly earnings data on Tuesday, November 14th. The energy company reported ($1.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($1.08). The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the company posted ($0.41) EPS. The firm’s quarterly revenue was up 201.7% on a year-over-year basis.

In related news, Director Nuno Brandolini sold 20,000 shares of the stock in a transaction on Friday, December 15th. The stock was sold at an average price of $50.02, for a total value of $1,000,400.00. Following the sale, the director now owns 232,271 shares in the company, valued at approximately $11,618,195.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Vicky A. Bailey sold 5,800 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $54.44, for a total value of $315,752.00. Following the completion of the sale, the director now owns 35,765 shares in the company, valued at approximately $1,947,046.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 45,800 shares of company stock worth $2,299,152.

Cheniere Energy, Inc (Cheniere) is an energy company primarily engaged in liquefied natural gas (LNG)-related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business. Its LNG terminal segment consists of the Sabine Pass and Corpus Christi LNG terminals.

Receive News & Ratings for Cheniere Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.