Latest news with #CheniereEnergy
Yahoo
2 days ago
- Business
- Yahoo
Cheniere Energy (NYSE:LNG) Declares Quarterly Dividend Of US$0.500 Per Share
Cheniere Energy affirmed its quarterly dividend of $0.50 per share, payable in August, reflecting its commitment to shareholder returns, which coincided with a 3.84% upward move in its share price over the last quarter. The market remained influenced by geopolitical tensions and anticipations of the Federal Reserve's decisions, but Cheniere's stable dividend policy and robust revenue growth of 28% year-over-year provided a buffer amidst these uncertainties. While earnings saw a decline, the buyback of 1.6 million shares could have helped maintain investor confidence, aligning with modest upward trends in broader market indices. Be aware that Cheniere Energy is showing 3 possible red flags in our investment analysis. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. The recent affirmation of Cheniere Energy's quarterly dividend aligns with its broader strategy focused on enhancing shareholder value through stable returns, even in the face of geopolitical tensions and federal policy uncertainties. This approach, combined with sophisticated revenue growth tactics, supports its resilience, as evidenced by a 3.84% share price increase last quarter. Over the past five years, the company has achieved an impressive total return of very large, showcasing its strong performance. For context, during the past year, Cheniere outperformed the US market, which delivered a 9.8% return. The projected Corpus Christi expansions aim to bolster LNG capacity, anticipated to significantly increase EBITDA and cash flow while refining net margins. Despite current headwinds such as a potential restoration of Russian gas flows impacting revenue, the company's long-term strategies including share repurchases and dividend increases foster optimism for enhanced earnings per share. Analysts forecast a revenue increase, albeit profit margins are expected to shrink from 21.0% to 12.3% over the next three years. Today's US$229.80 share price is approximately 9.5% below the consensus analyst price target of US$253.83, reflecting potential for upward movement as business strategies unfold and market conditions evolve. Click here and access our complete financial health analysis report to understand the dynamics of Cheniere Energy. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:LNG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
13-06-2025
- Business
- Yahoo
Is Cheniere Energy (LNG) Among the Energy Stocks that Lost the Most This Week?
The share price of Cheniere Energy, Inc. (NYSE:LNG) fell by 5.8% between June 3 and June 10, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A deep sea tanker vessel laden with liquified natural gas, contrailing a majestic stream of white smoke. Headquartered in Texas, Cheniere Energy, Inc. (NYSE:LNG) is the largest producer of LNG in the United States and the second-largest LNG operator in the world. Cheniere Energy, Inc. (NYSE:LNG) is going through a slowdown after the company reported that it had begun annual maintenance work on its Sabine Pass facility in Texas, the largest LNG plant in the country. As a result, gas flows to Sabine are likely to remain reduced until June 22. It was also revealed this week that Cheniere Energy, Inc. (NYSE:LNG) has applied to the FERC for permission to expand its Sabine Pass plant. The project will include the addition of three natural gas liquefaction trains to the facility, which already boasts an annual capacity of 30 million metric tons per annum (mtpa). While we acknowledge the potential of LNG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
Is Cheniere Energy (LNG) Among the Energy Stocks that Lost the Most This Week?
The share price of Cheniere Energy, Inc. (NYSE:LNG) fell by 5.8% between June 3 and June 10, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A deep sea tanker vessel laden with liquified natural gas, contrailing a majestic stream of white smoke. Headquartered in Texas, Cheniere Energy, Inc. (NYSE:LNG) is the largest producer of LNG in the United States and the second-largest LNG operator in the world. Cheniere Energy, Inc. (NYSE:LNG) is going through a slowdown after the company reported that it had begun annual maintenance work on its Sabine Pass facility in Texas, the largest LNG plant in the country. As a result, gas flows to Sabine are likely to remain reduced until June 22. It was also revealed this week that Cheniere Energy, Inc. (NYSE:LNG) has applied to the FERC for permission to expand its Sabine Pass plant. The project will include the addition of three natural gas liquefaction trains to the facility, which already boasts an annual capacity of 30 million metric tons per annum (mtpa). While we acknowledge the potential of LNG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and Disclosure: None.
Yahoo
07-06-2025
- Business
- Yahoo
Robinhood continues rally ahead of S&P 500 rebalance
Shares of Robinhood (HOOD) are trading up again on Friday ahead of tonight's S&P 500 rebalance, marking the sixth consecutive day of outperformance for the stock. Earlier this week, BofA had pointed out that it saw Robinhood as 'a prime candidate' to join the S&P 500. This is not the first time a Wall Street firm has named Robinhood as a potential pick. For the March rebalance, Barclays had already included Robinhood in its list of likely candidates for inclusion in the S&P 500. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter PRIME CANDIDATE: After having hosted a quarterly update meeting with BofA's Emma Huang and the firm's Index Team in front of the S&P rebalance due on Friday, June 6 at 5:15 pm, BofA views Robinhood as 'a prime candidate' for the S&P 500 with the next rebalancing. The firm views Cheniere Energy (LNG), Flutter Entertainment (FLUT), Veeva (VEEV), Carvana (CVNA), Ares Management (ARES) and AppLovin (APP) as other top candidates for additions and views Interactive Brokers (IBKR) as 'a top migration candidate' from the S&P 400, BofA added. For Robinhood or Ares, which aren't a part of the S&P 400, the firm notes it would expect 'significant buying activity' from passive funds. The S&P 500 and Russell 1000 are the two major benchmarks for BofA's large cap long only-clients and when companies are added, the firm says 'we experience significantly higher interest from long-only portfolio managers which are essentially now forced to cover them and make a call.' Additionally, ETFs that track these indices experience consistent net inflows which cause market-makers to continuously buy shares in the holdings of these indices as they create ETF shares, it adds. OF NOTE: Earlier this year, Barclays said it saw many potential candidates for S&P 500 inclusion as part of the March rebalance in the U.S. brokers, asset managers and exchanges group. The firm saw seven of its stocks as potential candidates for S&P 500 Index inclusion: Ares Management (ARES), Coinbase (COIN), Robinhood, Interactive Brokers (IBKR), LPL Financial (LPLA), Blue Owl Capital (OWL), and Tradeweb Markets (TW). The firm pointed out that stocks selected for index inclusion typically experience 7% gains into the first day of trading, making tonight's event a potential catalyst for shares. PRICE TARGET: In morning trading, shares of Robinhood have gained almost 3%, trading at $74.38. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on HOOD: Disclaimer & DisclosureReport an Issue Cathie Wood's Unusual Crypto Moves: Buys Circle, Sells Coinbase Robinhood exec sells $7.36M in common stock Robinhood price target raised to $81 from $72 at Goldman Sachs Will Robinhood Markets Stock (HOOD) Be Added to the S&P 500 Index on June 6? Robinhood 'a prime candidate' to join S&P 500, says BofA Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
How a little-known Texas city turned into the energy export gateway of the country
On New Year's Eve on the last day of 2015, the Port of Corpus Christi quietly exported the United States' first crude oil barrels in 40 years just two weeks after Congress lifted the ban that dated back to the 1973 Arab oil embargo. Less than a decade later, the sleepy Texas beachside city has expanded rapidly into America's largest energy export gateway through a network of pipelines, storage tanks, docks and, this week, the completion of a prolonged ship channel dredging and widening project that should soon allow the single port to ship out almost as much crude oil as Iraq. 'It's very similar to the real estate markets: Location, location, location,' Port of Corpus Christi CEO Kent Britton told Fortune, noting that the port's total tonnage volumes have essentially tripled in a decade. 'The growth has been just astronomical. It's truly astonishing.' The port is now shipping out more than 2.4 million barrels of oil daily—roughly 60% of the entire nation's crude exports—and almost 20% of the country's liquefied natural gas exports. Those LNG volumes are expected to almost double in a couple of years once LNG pioneer Cheniere Energy completes a series of expansions. Corpus Christi offers a series of logistical benefits for liquids that cannot be matched by the much larger Houston Ship Channel or any other ports. Corpus Christi is the closest to West Texas' landlocked Permian Basin, which began to boom along with the lifting of the export ban. Corpus is much less congested than Houston, and Corpus easily opens up to the Gulf of Mexico's deep waters, especially now that the port is dredged to 54-foot depths throughout. 'I think there's a there's a little bit of luck involved in just fortuitous timing,' Britton said. 'But there was also a concerted effort on the port's part to say, 'We're going to have the deepest ship channel on the Gulf Coast, and you should be coming here.'' The federal feasibility study to expand the port started way back in 1990 only for the funding not to start flowing until 2018—such is the pace of bureaucracy, but well timed after the lifting of the export ban—when heavy construction began for the first of four phases—all of which are now finished. Likewise, Permian Basin and overall U.S. oil and gas production spiked to the record highs of today. 'As the Permian production grew, your exports grew, and the Corpus docks grew,' said Kristy Oleszek, director of crude oil at East Daley Analytics. 'They were all growing in tandem. And not by coincidence. 'The Permian barrel is a very desirable quality to export,' she added. 'One thing Corpus really provides is direct access from the Permian to the docks.' The Permian and Corpus may be more than 450 miles apart across most of Texas connected via long-haul pipelines, but it's still a straight path without much traffic in between. The Corpus channel improvement project cost $625 million and is projected to save customers up to a combined $200 million per year by speeding up the trips of crude carriers and using fewer vessels. Smaller ships will no longer be needed as much to top off the bigger crude carriers in deeper waters because they couldn't fully load at the shallower 47-foot depths—a time-consuming and expensive extra step. 'We're moving more crude oil now than we were five years ago with fewer ships,' Britton said, with traffic now more focused on very large crude carriers (VLCCs) and Suezmax tankers. The Suezmax, which holds 1 million barrels, can now fully load at the deeper depths. Even amid weaker crude prices and the Permian maturing and its production potentially plateauing, Britton still sees Corpus' export volumes growing to as much as 3 million barrels a day in the next couple of years as more pipeline and dock expansions are completed. 'Other than the original creation of the port, this is probably the most significant project we've ever done, both from a cost perspective and from an impact on world markets,' he said. Before the port's improvement project started, there were two key and somewhat serendipitous events initiated separately by Occidental Petroleum (159 in the Fortune 500) and Cheniere (275 in the Fortune 500). Already positioned with an OxyChem petrochemicals facility by Corpus, Occidental bought the shuttered Naval Station Ingleside by the port in 2012 for just $82 million to transform it into an export terminal for its products. After the lifting of the crude export ban, Oxy focused on making its renamed Ingleside Energy Center a prime oil-exporting hub. After building it out, Oxy sold it as part of a terminals and pipelines package for $2.6 billion in 2018. Enbridge, the largest midstream pipeline and terminal company in North America, then bought it for $3 billion in 2021 and has continued to grow it ever since, including new storage tank construction ongoing now. Enbridge also is expanding its Gray Oak Pipeline to transport even more oil from the Permian to Corpus for export. The Enbridge Ingleside Energy Center is by far the largest oil-exporting terminal in the Americas, able to simultaneously load two VLCCs—the largest oil tankers that can carry 2 million barrels of oil each. And Enbridge is just one of several oil exports at the port. Likewise, Cheniere first began planning Corpus Christi LNG way back in 2003, but it was designed as a gas-import project long before the U.S. was approaching any degree of energy security following the shale oil and gas boom that took off shortly thereafter. Cheniere soon pivoted, building Corpus Christi LNG as the first large, greenfield LNG export project built in the country. Construction started in 2015 and exports commenced in 2018. 'They did such a fabulous job pivoting from that import play when the shale revolution started, and everyone realized that we were going to have excess gas to become an exporter,' Britton said of Cheniere. 'They just they just hit it right. They get a little lucky on the timing as well, but it was a lot of vision and recognition of what's going on in the market to flip that switch.' As a result, the U.S. became a net energy exporter for the first time ever in late 2019—a position that's only been strengthened ever since. Cheniere is currently completing a third phase of Corpus Christi construction by late 2025 or early 2026, and then a midsized follow-up project is planned to take Corpus Christi LNG to an export capacity of 16.5 million metric tons of LNG annually now to more than 30 million metric tons. Cheniere has the acreage for a fourth phase of expansions but has not yet made any decisions. 'LNG is really taking off,' Oleszek said. 'Crude oil kind of had its day in the sun and now it's moved over to LNG. Crude oil is still growing, but not nearly as much [as gas].' This story was originally featured on
