Cheniere Energy Shares Could See a Correction, Closing at $157.34 Down -0.73% from Previous Price.
March 3, 2023
Trending News ☀️
Cheniere Energy ($NYSEAM:LNG) Inc. shares could be in for a correction, as the stock closed at $157.34, a decrease of -0.73% from its previous price of $158.50. Furthermore, the stock has been on a downward trajectory since mid-April, with prices moving steadily lower throughout the last few weeks. Moreover, the sluggish demand for oil and natural gas has caused prices to remain stagnant in recent weeks. This, coupled with increasing political uncertainty in the Middle East and North Africa, could be further weighing on Cheniere’s share prices.
Investors should closely monitor China’s import trends, as well as key developments in the global oil and gas industry, in order to gauge the potential impact on Cheniere Energy Inc. shares. Given the current market volatility, investors may be well advised to prepare for further price swings in the near future.
Stock Price
Overall, despite the short-term correction, the media sentiment surrounding the company has been mostly positive. On Thursday, CHENIERE ENERGY stock opened at $159.1 and closed at $163.3, representing an increase of 1.6% from the last closing price of 160.8. Analysts note that long-term investors should focus on the positive developments in the company’s portfolio, indicating that Cheniere Energy Inc. may be a good choice for investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cheniere Energy. More…
| Total Revenues | Net Income | Net Margin |
| 33.43k | 1.43k | 4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cheniere Energy. More…
| Operations | Investing | Financing |
| 10.52k | -1.84k | -8.01k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cheniere Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 41.27k | 41.44k | -12.09 |
Key Ratios Snapshot
Some of the financial key ratios for Cheniere Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 50.9% | 24.1% | 13.5% |
| FCF Margin | ROE | ROA |
| 26.0% | -61.5% | 6.8% |
Analysis
GoodWhale has conducted an in-depth analysis of the fundamentals of CHENIERE ENERGY, and has determined it to be a medium risk investment in terms of financial and business aspects. However, it is important to note that we have detected 1 risk warnings in their income sheet. We suggest that any investors interested in this company should become a registered user to look further into these warnings. We also advise to look into any other recent news regarding CHENIERE ENERGY to gain a better understanding of the investment and to ensure that it is suitable for their portfolio. More…
Peers
The competition between Cheniere Energy Inc and its competitors is fierce. Cheniere Energy Partners LP, Energy Transfer LP, and Anhui Province Natural Gas Development Co Ltd are all vying for a piece of the pie. Cheniere Energy Inc has the advantage of being the only company with access to liquefied natural gas (LNG) export facilities in the United States. However, its competitors are not far behind. Energy Transfer LP has proposed a $30 billion merger with Williams Companies Inc, which would give it access to LNG export facilities. Anhui Province Natural Gas Development Co Ltd has also been busy expanding its LNG business. In the end, it will be up to the market to decide who will be the winner.
– Cheniere Energy Partners LP ($NYSEAM:CQP)
Cheniere Energy Partners is a liquefied natural gas company that owns and operates the Sabine Pass LNG terminal in Louisiana. The company has a market cap of $27.27 billion and a return on equity of -56.98%. Cheniere Energy Partners is the largest provider of liquefied natural gas in the United States and one of the largest in the world. The company’s Sabine Pass LNG terminal is the largest in the world, with a capacity of 7.8 million metric tons per year.
– Energy Transfer LP ($NYSE:ET)
Energy Transfer LP is one of the largest energy companies in the United States. The company owns and operates a network of natural gas pipelines and storage facilities. Energy Transfer LP has a market cap of 36.67B as of 2022, a Return on Equity of 14.71%. The company is focused on the transportation, storage, and processing of natural gas and crude oil. Energy Transfer LP has a diversified portfolio of assets and is one of the largest energy companies in the United States.
– Anhui Province Natural Gas Development Co Ltd ($SHSE:603689)
Anhui Province Natural Gas Development Co Ltd is a Chinese state-owned enterprise engaged in the development, production, and marketing of natural gas. The company has a market cap of 3.53 billion as of 2022 and a return on equity of 7.42%. The company operates in the Anhui province of China and is one of the largest natural gas producers in the country.
Summary
Investors are looking at Cheniere Energy Inc. with a mix of optimism and caution as the stock has closed at $157.34, down -0.73% from the previous price yet still receiving generally positive sentiment from media sources. Analysts suggest that with the current market volatility, it may be wise to keep an eye on Cheniere for signs of a potential correction. Nevertheless, with the company’s portfolio of natural gas assets, including liquefaction, transportation and storage infrastructure, the long-term outlook for investing in Cheniere Energy Inc. remains positive. Investors should conduct research to best assess their individual risk tolerances and make decisions from there.
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