Cheniere Energy (NYSE:LNG – Get Free Report) had its price objective increased by research analysts at Bank of America from $296.00 to $322.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the energy company’s stock. Bank of America‘s target price would indicate a potential upside of 12.21% from the stock’s current price.
Other analysts have also issued research reports about the company. Wolfe Research set a $220.00 price objective on Cheniere Energy and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Royal Bank Of Canada lowered their target price on Cheniere Energy from $282.00 to $271.00 and set an “outperform” rating for the company in a research note on Wednesday, January 28th. TD Cowen upped their price target on Cheniere Energy from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, February 27th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $254.00 price target on shares of Cheniere Energy in a research report on Wednesday, December 17th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Cheniere Energy in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Cheniere Energy has a consensus rating of “Moderate Buy” and an average target price of $267.94.
Read Our Latest Research Report on Cheniere Energy
Cheniere Energy Stock Up 1.8%
Cheniere Energy (NYSE:LNG – Get Free Report) last announced its earnings results on Wednesday, February 25th. The energy company reported $10.68 earnings per share for the quarter, topping the consensus estimate of $3.90 by $6.78. Cheniere Energy had a net margin of 26.68% and a return on equity of 32.04%. The firm had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.48 billion. During the same period in the prior year, the firm earned $4.33 EPS. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis. On average, equities analysts predict that Cheniere Energy will post 11.69 EPS for the current year.
Cheniere Energy declared that its Board of Directors has initiated a share buyback plan on Thursday, February 26th that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the energy company to repurchase up to 21.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.
Institutional Trading of Cheniere Energy
Several institutional investors have recently modified their holdings of LNG. Vanguard Group Inc. increased its stake in Cheniere Energy by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 21,219,557 shares of the energy company’s stock valued at $4,124,870,000 after purchasing an additional 414,022 shares during the period. State Street Corp boosted its stake in shares of Cheniere Energy by 2.8% during the fourth quarter. State Street Corp now owns 6,174,695 shares of the energy company’s stock worth $1,200,299,000 after buying an additional 167,622 shares during the period. Norges Bank acquired a new stake in shares of Cheniere Energy during the second quarter worth about $957,425,000. Victory Capital Management Inc. grew its holdings in shares of Cheniere Energy by 12.5% during the fourth quarter. Victory Capital Management Inc. now owns 2,279,078 shares of the energy company’s stock worth $443,031,000 after buying an additional 253,469 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Cheniere Energy by 6.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,263,826 shares of the energy company’s stock worth $440,047,000 after buying an additional 134,695 shares during the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.
Trending Headlines about Cheniere Energy
Here are the key news stories impacting Cheniere Energy this week:
- Positive Sentiment: Geopolitical supply shock — Missile strikes on Qatar’s Ras Laffan complex and related Iran conflict fears have tightened global LNG supply expectations, lifting natural gas and LNG price forecasts and benefiting U.S. exporters like Cheniere. MarketWatch: World’s largest natural-gas complex battered
- Positive Sentiment: Record-high momentum and contract wins — Reports say Cheniere hit all-time highs after the Ras Laffan strikes and on news of more long-term orders from Thailand, supporting near-term revenue visibility. Yahoo: Cheniere hits all-time high
- Positive Sentiment: Analyst upgrade/price-target raise — BofA raised its price target to $322 (from $296), citing Middle East volatility and stronger commodity dynamics; the move helps underpin bullish sentiment and institutional interest. YouTube: Options Corner – LNG Price Target Raise
- Positive Sentiment: Heavy bullish options activity — Unusually large call buying was reported (roughly 6,975 calls), indicating speculative/institutional bets on further upside. (Options volume report)
- Neutral Sentiment: Debt issuance completed — Cheniere closed a ~$1.75 billion senior notes offering (reported March 19). Proceeds could fund growth or liquidity needs, but add fixed-rate debt; impact depends on use of proceeds and refinancing plans. TipRanks: Cheniere completes $1.75B senior notes offering
- Neutral Sentiment: Sector tailwinds — Broader oil and gas volatility (WTI/Brent spikes) and analyst pieces highlighting LNG beneficiaries are drawing investor flows into energy names, including Cheniere, but macro risks (rates, inflation) remain. 247WallSt: 5 stocks upgraded as Iran conflict reshapes energy
- Negative Sentiment: Profit-taking / volatility risk — Coverage noting the stock is entering overbought territory and rapid run-ups increase the chance of short-term pullbacks; some investors question whether it’s “too late” to buy at stretched levels. MSN: Cheniere enters overbought territory
- Negative Sentiment: Fund-level selling / headline-driven swings — A recent investor letter and coverage noted episodes of sharp intraday declines (a ~17% slide referenced), underscoring that concentrated flows or repositioning by large managers can produce outsized moves. InsiderMonkey: Here’s why LNG slid by 17%
Cheniere Energy Company Profile
Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.
Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.
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