
Where Cheniere Energy Could Trade in the Coming Days
Aug. 18 2020, Updated 4:39 a.m. ET
Cheniere Energy’s implied volatility
Cheniere Energy’s (LNG) 30-day implied volatility was 30.3% on June 6, 2017. LNG’s peers Kinder Morgan (KMI) and Energy Transfer Equity (ETE) have implied volatilities of 20.1% and 32.3%, respectively, as of June 6.
In comparison, the Alerian MLP ETF (AMLP) has an implied volatility of 16.4%. Cheniere Energy’s higher implied volatility could be attributed to the uncertainties in the Global LNG (liquefied natural gas) market.
Cheniere Energy’s price forecast
Based on its closing price of $49.9 on June 6 and assuming a normal distribution of prices, Cheniere Energy stock may trade in the range of $47.8–$51.9 in the next seven days. The stock’s price is expected to fall within this range 68.0% of the time.