This summary was created by AI, based on 5 opinions in the last 12 months.
Cheniere Energy Inc (LNG-A) is viewed positively by experts, with strong financials and a potential upside of 26%. There is a growing demand for liquified natural gas, and despite the current low prices being temporary, there is an expectation of supply-demand deficits in the coming years. The company's developer of LNG infrastructure, growing cash reserves, and declining debt, along with modest dividend and strong ROE, make it an attractive investment option.
He trimmed his holding. They have a foothold in natural gas, the price of which has been falling. That price will reach a capitulation before bottoming. That's why he doesn't want a large holding, in case the baby gets thrown out with the bathwater. Supply is well above the 5-year average in nat gas; overproduction. If future prices fall below $1 that will signal capitulation.
He expects natural gas prices to continue to rise if we see a cold winter.
There's growing demand for liquified natural gas. LNG's production is also growing.
He just bought Cheniere. US shale production is declining and OPEC is cutting production. He expects supply-demand deficits in coming years. Current low prices are temporary and reflect recession worries and China's uneven reopening.
(A Top Pick April 23/12. Down 10.12%.) Stock had a rising trend line. He was probably too early getting into it. Still believes it can do well. Looking forward to break through $17.50. Still a Hold.
Cheniere Energy Inc is a American stock, trading under the symbol LNG-A on the NYSE American (LNG). It is usually referred to as AMEX:LNG or LNG-A
In the last year, 4 stock analysts published opinions about LNG-A. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cheniere Energy Inc.
Cheniere Energy Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Cheniere Energy Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Cheniere Energy Inc In the last year. It is a trending stock that is worth watching.
On 2024-05-03, Cheniere Energy Inc (LNG-A) stock closed at a price of $157.54.
We reiterate this builder and operator of liquified natural gas facilities as a TOP PICK. We like that cash reserves continue to grow, while debt is reduced and shares bought back. It trades at 18x earnings. With low domestic natural gas prices in the US, this will make for good demand to export in the near term. We continue to recommend a stop at $140, looking to achieve $201 -- upside potential of 25%. Yield
(Analysts’ price target is $200.89)