This summary was created by AI, based on 8 opinions in the last 12 months.
Experts are bullish on Cheniere Energy Inc (LNG-A) as they note the company's strong financials, including growing cash reserves, debt reduction, and share buybacks. They also highlight the low domestic natural gas prices in the US leading to good demand for LNG exports. The company's earnings beat analyst expectations, and its projects are progressing well. They recommend setting stop-loss at various levels and project an upside potential of 19-26%. However, one expert has trimmed his holding due to falling natural gas prices and overproduction.
Is adding to it. They're increasing share buybacks and dividends.
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.
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, 5 stock analysts published opinions about LNG-A. 4 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.
5 stock analysts on Stockchase covered Cheniere Energy Inc In the last year. It is a trending stock that is worth watching.
On 2024-11-15, Cheniere Energy Inc (LNG-A) stock closed at a price of $212.3.
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.