Stockchase Opinions

Bill Baruch, Founder, Blue Line Capital Cheniere Energy Inc LNG-A PARTIAL SELL Feb 16, 2024

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.

$160.370

Stock price when the opinion was issued

oil gas
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Curated by Michael O'Reilly since 2020.
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TOP PICK
Stockchase Research Editor: Michael O'Reilly

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)
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TOP PICK
Stockchase Research Editor: Michael O'Reilly

We again reiterate LNG as a TOP PICK.  Cash reserves are growing, which is allowing the company to allocate another $4 billion towards capital expansions while receiving investment-grade credit status.  Its Corpus Christi Stage 3 project will see first LNG later this year.  It trades at 18x earnings and supports a robust 78% ROE.  We suggest trailing up the stop (from $140) to $153, looking to achieve $198 -- upside potential of 19%.  Yield 1.0%   

(Analysts’ price target is $98.69)
BUY

Is adding to it. They're increasing share buybacks and dividends.

BUY

Natural gas prices are low, but business is high.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

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PAST TOP PICK
(A Top Pick Jun 20/24, Up 16.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LNG is progressing well.  To remain disciplined, we recommend trailing up the stop (from $153) to $177 at this time.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 20/24, Up 20.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LNG has achieved its target at $188.  To remain disciplined, we recommend covering half the position at this time and maintaining the stop at $177.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 20/24, Up 37.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LNG is progressing well.  To remain disciplined, we recommend trailing up the stop (from $177) to $195 at this time.  

BUY

A terrific stock and Trump is pro-LNG. Is up 23% this year.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 20/24, Up 55.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LNG is progressing well.  To remain disciplined, we recommend trailing up the stop (from $195) to $215 at this time.  

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 20/24, Up 31.1%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LNG has triggered its stop at $215.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 33%, when combined with our previous guidance.