Cheniere Energy Inc

At the end of Q3, Fisher Asset’s total portfolio was worth around $91 billion. We’ll focus on Fisher Asset’s top holdings, buys, and sells.

Investors may be seeing a lot of reports about rising US LNG (liquefied natural gas) exports. Let’s review the basics of LNG.

On November 14, Carl Icahn’s Icahn Capital Management filed its form 13F. In the third quarter, it included two new stocks.

The ongoing trade war and geopolitical uncertainties are keeping the stock markets volatile. This may attract investors to dividend stocks.

Carl Icahn’s fears could come true in October. According to Goldman Sachs, the market might exhibit higher volatility next month.

Cheniere Energy’s (LNG) earnings are scheduled to be released on Thursday. According to the consensus estimates, the company will report an EPS of $0.34.

h favorable developments on the trade war front, Cheniere Energy (LNG) stock hit a ten-month high on July 1.

Leading LNG (liquified natural gas) exporter Cheniere Energy (LNG) could be one of the beneficiaries of the improving trade talks between the US and China.

Cheniere Energy (LNG), a leading liquified natural gas exporter, reported its first-quarter earnings results on May 9.

Analysts seem positive on Cheniere Energy (LNG) stock. The stock offers a potential upside of ~22% based on analysts’ target price of $79.5.

US-China trade negotiations have continued to swing the markets lately, and Cheniere Energy (LNG) stock has been no exception.

With the rising US natural gas production, natural gas exports continue to rise.

Cheniere Energy (LNG) rose 3.6% last week on news of a possible deal to supply liquefied natural gas to China Petroleum & Chemical or Sinopec.

The EIA expects US natural gas prices to average $2.89 per MMBtu in 2019. For 2020, the forecast is $2.92 per MMBtu.

On February 12, Minnesota governor Tim Walz announced that he plans to continue appealing the PUC’s (Public Utilities Commission) approval of Enbridge’s (ENB) Line 3 replacement project, which could delay the project.

After Twenty-First Century Fox (FOX) (FOXA), Cheniere Energy (LNG) is Seth Klarman’s biggest bet.

Seth Klarman’s portfolio value at the end of the fourth quarter was $11.5 billion.

Cheniere Energy (LNG) stock rallied ~13% in the last 12 months. The stock is trading at a forward EV-to-EBITDA multiple of 13.5x.

Cheniere Energy (LNG) is scheduled to report its fourth-quarter and fiscal 2018 earnings on February 26.

Cheniere Energy (LNG) stock rallied approximately 11% in the last 12 months. It’s trading at a forward EV-to-EBITDA multiple of 13.7x, based on its projected earnings for the next 12 months.

Energy Transfer (ET) was one of the few midstream stocks that fell last week. Energy Transfer fell 3.1% last week.

Cheniere Energy (LNG) is trading at a forward EV-to-EBITDA multiple of 13.5x based on its projected earnings for 2019.

On December 18, Cheniere Energy announced its agreement to sell liquified natural gas to Malaysia-based Petronas for 20 years.

Icahn Associates was still Cheniere Energy’s biggest institutional investor at the end of the third quarter. Icahn Associates sold 300,000 shares.

Cheniere Energy reported an adjusted EBITDA of $569 million for the quarter ending on September 30—an increase from $442 million in Q3 2017.

Cheniere Energy (LNG) stock was weak recently, but it’s still up more than 10% so far this year. The MLP and Energy Infrastructure ETF (MLPX) has fallen more than 11% year-to-date.

Cheniere Energy (LNG) is slated to release its third-quarter results on November 8. Here’s what you need to know.

Energy Transfer stock is currently trading at a forward enterprise value-to-EBITDA multiple of 12x based on its expected 2019 earnings.

Dorchester Minerals (DMLP), NGL Energy Partners (NGL), CVR Refining (CVRR), and Hi-Crush Partners (HCLP) were among the top losses last week.

Williams Companies (WMB) stock has a median analyst target price of $34.17 compared to its current market price of $27.62.

Cheniere Energy (LNG), Teekay LNG Partners (TGP), and Golar LNG Partners (GMLP) were among the top gainers in the MLP and midstream sector last week.

In the United States, the monthly natural gas production rose from 1.78 trillion cubic feet in January 2009 to 2.43 trillion cubic feet in June 2018.

Cheniere Energy (LNG) stock has significantly outperformed its peers in 2018. The stock has risen more than 26%.

Royalty interest owner partnership Viper Energy Partners (VNOM) and Enbridge Energy Management (EEQ) were among the top gainers in the MLP and midstream space last week, rising 7.9% and 7.8%, respectively.

In the past 12 months, Cheniere Energy returned 49%. The company outperformed its peers and even broader markets.

On September 17, Cheniere Energy (LNG) announced that it signed a 15-year agreement to supply liquified natural gas to Vitol Group.

Cheniere Energy (LNG) was among the top midstream gainers last week. The stock rose 2.8% during the week.

Let’s take a look at how institutional investors played their holdings in Cheniere Energy (LNG) during the second quarter.

On August 24, the stock of leading liquified natural gas exporter Cheniere Energy (LNG) had an implied volatility of 28%.

Cheniere Energy (LNG) stock continues to look strong. Recently, it broke above its 50-day moving average level.

Carl Icahn’s Icahn Associates continues to be the biggest institutional shareholder of the energy company even after offloading a big chunk in the second quarter.

US gasoline production decreased 0.4% to 10.3 MMbpd (million barrels per day) on July 13–20. The production decreased 1.3% from a year ago.

Of the top midstream companies we’ve discussed in this series, only ONEOK (OKE) and Cheniere Energy (LNG) have met analysts’ mean price targets from a year ago.

The recent panic selling after Carl Icahn’s stake sale in Cheniere Energy (LNG) could be a good entry point for long-term investors for two reasons.

The US LNG futures contract recently announced by CME Group is expected to benefit Cheniere Energy (LNG) and other US LNG exporters.

In this series, we’ll look at the historical outliers in midstream energy, which have generated massive wealth amid turbulent times.

Asian LNG (liquefied natural gas) spot prices have seen strong upward momentum in recent weeks. The contract for July delivery gained $1.80 per MMBtu (million British thermal units) last week to reach $11.60 per MMBtu.

CNX Midstream Partners (CNXM) was the top MLP gainer in the week ending June 15. CNX Midstream Partners rose 7.7%.

82% of analysts surveyed by Reuters rate Cheniere Energy (LNG) as a “buy” as of May 24.

Cheniere Energy Partners (CQP), the MLP subsidiary of Cheniere Energy (LNG), continues to lead in terms of earnings growth among top MLPs.

Cheniere Energy (LNG) continues to trade above its both short-term (50-day) and long-term (200-day) moving averages.

Global LNG (liquefied natural gas) prices, including Brent Indexed and Asian LNG spot prices, have been spiking in recent trading sessions.

Cheniere Energy (LNG) has been rallying since its 1Q18 earnings announcement on May 4. The US LNG exporter is up over 5% since then.

Cheniere Energy (LNG) surprised Wall Street yet again with its strong operating performance today.

Cheniere Energy (LNG) recently crossed above its short-term 50-day moving average, indicating bullish sentiments in the stock.

Cheniere Energy and its MLP subsidiaries are scheduled to release their 1Q18 earnings on May 4, 2018.

In this series, we’ll look at the top ten midstream companies based on earnings growth expectations for 1Q18.

Bernstein upgraded Cheniere Energy (LNG) to “outperform” and increased the company’s target price to $63 from $55.

Cheniere Energy (LNG) stock saw a sharp rally on April 9, 2018, due to a general recovery in the US energy sector and broader markets.

As a result of substantial natural gas resources and a significant increase in natural gas production, the US Energy Information Administration (EIA) expects an increase in US natural gas exports.

Dominion Midstream Energy Partners (DM) and Spectra Energy Partners (SEP) were among the top three MLPs losses last week.

Currently, 78% of the analysts surveyed by Reuters rate Cheniere Energy as a “buy” as of March 22, 2018, while the remaining 22% rate it as a “hold.”

Cheniere Energy stock saw a sharp decline on March 22, 2018, amid concerns about a full-blown trade war between the US and China.

According to the US EIA (Energy Information Administration), the US exported more natural gas than it imported in 2017.

Among the analysts surveyed by Reuters, 76% rate Cheniere Energy (LNG) as a “buy” as of March 6, 2018, while the remaining 24% rate it as a “hold.”

The number of institutional holders in Cheniere Energy (LNG) increased to 577 by the end of the fourth quarter—compared to 540 in the previous quarter.

Recently, Cheniere Energy (LNG) started its 20-year LNG (liquefied natural gas) contract with GAIL India.

Cheniere Energy (LNG) stock has been volatile since the beginning of the year. The stock saw a new YTD low of $51.2 at the beginning of March.

Cheniere Energy is trading 4.4% above its 50-day simple moving average and 18.0% above its 200-day simple moving average.

China’s state-run CNPC signed three SPAs with Cheniere Energy—two long-term SPAs and one medium-term SPA.

Cheniere Energy’s revenue increased to $1.746 billion in 4Q17 from $572.0 million in 4Q16—a 205.5% increase YoY.

76% of analysts surveyed by Reuters rate Cheniere Energy (LNG) a “buy” as of February 15, 2018, while the remaining 24% rate it a “hold.”

Barclays recently raised Cheniere Energy’s target price to $62 from $58. Cheniere Energy’s recent deal with Trafigura could be one of the reasons.

Cheniere Energy’s (LNG) 30-day implied volatility was 27.9% on January 18, 2018, which is slightly higher than its 15-day average of 27.8%.

Cheniere Energy’s subsidiary, Cheniere Marketing, recently entered into a long-term SPA (sale and purchase agreement) with Trafigura.

Cheniere Energy (LNG) has risen 9.7% in the last six trading sessions. It rose 12.1% in December 2017 alone.

Cheniere Energy’s MLP subsidiary, Cheniere Energy Partners (CQP), has “hold” ratings from 53.3% of analysts.

Short interest in Cheniere Energy was 17.7 million shares on December 15, 2017.

Cheniere Energy is trading at a price-to-distributable cash flow of 39.1x based on distributable cash flow guidance of $0.2 billion–$0.4 billion.

Cheniere Energy’s (LNG) total outstanding debt was ~$26.0 billion by the end of 3Q17, which is ~$3.0 billion higher than the total debt outstanding by the end of 2016.

Cheniere Energy expects its adjusted EBITDA and distributable cash flow to lie between $1.8 billion–$1.9 billion and $0.6 billion–$0.7 billion in 2017, respectively.

Despite strong revenue growth, Cheniere Energy’s net loss widened to $289.0 million in 3Q17 compared to $101.0 million in 3Q16.

Cheniere Energy (LNG) is protected from fluctuation in LNG prices to a large extent, as 87% of the capacity from its seven trains is tied to long-term contracts.

Although Cheniere Energy (LNG) had a weak start to December 2017, it has bounced back since then. Overall, the LNG (liquefied natural gas) exporter has gained 2.8% in December.

According to the U.S. Energy Information Administration (EIA), the United States is currently the world’s largest natural gas producer.

The number of institutional holders in Cheniere Energy (LNG) fell to 540 by the end of the third quarter—compared to 543 in the previous quarter.

CQH outperforms Cheniere Energy Partners LP Holdings (CQH) has risen nearly 15% in 2017. Interestingly, CQH has risen more than Cheniere Energy (LNG) and Cheniere Energy Partners (CQP). In comparison, the Alerian MLP Index has fallen nearly 15%. CQH’s only business consists of owning CQP’s common and subordinated units, representing ~48.6% limited partner interest in CQP […]

Cheniere Energy (LNG) stock has had a positive reaction from investors. It has risen 1.5% since the 3Q17 earnings announcement on November 14, 2017.

Cheniere Energy (LNG) and its subsidiaries reported their 3Q17 earnings on November 14, 2017. Cheniere Energy’s revenue rose to $1.4 billion, a 201.7% YoY rise.

Cheniere Energy (LNG) has a “buy” rating from 80.0% of analysts surveyed by Reuters while the remaining 20.0% rate it a “hold” as of November 10.

Cheniere Energy (LNG) is currently trading 7.2% above its 50-day SMA (simple moving average) and 6.4% above its 200-day SMA.

Recently, Cheniere Energy (LNG) went below its 200-day moving average. It might indicate bearish sentiment in the stock.

Cheniere Energy (LNG) had a strong start to October. Cheniere Energy has lost 6.2% from the three-month high of $47.9, which it saw on October 17.

Cheniere Energy’s (LNG) MLP subsidiary, Cheniere Energy Partners (CQP), announced a quarterly distribution increase for the first time since its IPO.

As of October 18, 80.0% of the analysts surveyed by the Reuters rate Cheniere Energy (LNG) stock a “buy,” while the remaining 20.0% rate it a “hold.”

Of the analysts surveyed by Reuters, 57.1% rated Cheniere Energy Partners (CQP) as a “hold,” and the remaining 42.9% rated it as a “buy.”

Dominion Energy Midstream Partners’ (DM) average target price of $33.70 implies a 5.5% upside potential from its current price levels.

Hurricane Harvey hit the US Gulf Coast last week. The US Gulf Coast is a major destination for US refineries and energy infrastructure.

About 79.0% of analysts rate Cheniere Energy a “buy,” and the remaining 21.0% rate it a “hold” as of August 10, 2017.

Cheniere Energy (LNG) recently went below its longer-term (200-day) moving average. That could indicate a bearish sentiment for the stock.