Cheniere Energy, Inc. (NYSEAMERICAN:LNG) – Analysts at US Capital Advisors issued their FY2019 EPS estimates for shares of Cheniere Energy in a research report issued on Thursday. US Capital Advisors analyst J. Carreker expects that the energy company will post earnings of $0.98 per share for the year.

Cheniere Energy (NYSEAMERICAN:LNG) last released its quarterly earnings results on Tuesday, November 14th. The energy company reported ($1.24) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($1.08). The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the business earned ($0.41) EPS. The firm’s revenue for the quarter was up 201.7% compared to the same quarter last year.

Other equities research analysts have also issued reports about the company. Stifel Nicolaus assumed coverage on Cheniere Energy in a research report on Thursday. They set a “buy” rating and a $65.00 price objective for the company. Zacks Investment Research lowered Cheniere Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Cowen assumed coverage on Cheniere Energy in a research report on Friday, November 17th. They set a “market perform” rating and a $56.00 price objective for the company. Citigroup raised their price objective on Cheniere Energy from $57.00 to $59.00 and gave the stock a “buy” rating in a research report on Thursday, November 16th. Finally, Scotiabank reiterated a “buy” rating and set a $52.00 price target on shares of Cheniere Energy in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $54.46.

Shares of Cheniere Energy (LNG) traded down $0.26 during midday trading on Friday, reaching $55.01. The company’s stock had a trading volume of 2,300,000 shares, compared to its average volume of 2,578,800. Cheniere Energy has a 12-month low of $40.36 and a 12-month high of $56.14. The firm has a market cap of $13,120.00, a price-to-earnings ratio of -31.26 and a beta of 1.81.

In other Cheniere Energy news, Director Vicky A. Bailey sold 5,800 shares of Cheniere Energy stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $54.44, for a total value of $315,752.00. Following the transaction, the director now directly owns 35,765 shares of the company’s stock, valued at approximately $1,947,046.60. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director David B. Kilpatrick sold 20,000 shares of Cheniere Energy stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $49.15, for a total value of $983,000.00. Following the completion of the transaction, the director now directly owns 2,464 shares in the company, valued at $121,105.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,800 shares of company stock worth $2,299,152.

Several institutional investors and hedge funds have recently added to or reduced their stakes in LNG. FMR LLC increased its position in shares of Cheniere Energy by 482.7% during the second quarter. FMR LLC now owns 6,741,287 shares of the energy company’s stock valued at $328,368,000 after purchasing an additional 5,584,446 shares during the period. CI Investments Inc. acquired a new stake in Cheniere Energy in the 3rd quarter valued at $120,279,000. Cohen & Steers Inc. boosted its stake in Cheniere Energy by 92.1% in the 3rd quarter. Cohen & Steers Inc. now owns 2,655,409 shares of the energy company’s stock valued at $119,600,000 after buying an additional 1,273,441 shares in the last quarter. Kensico Capital Management Corp boosted its stake in Cheniere Energy by 8.7% in the 3rd quarter. Kensico Capital Management Corp now owns 12,185,000 shares of the energy company’s stock valued at $548,812,000 after buying an additional 973,400 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in Cheniere Energy by 899.3% in the 3rd quarter. Point72 Asset Management L.P. now owns 1,050,944 shares of the energy company’s stock valued at $47,335,000 after buying an additional 945,777 shares in the last quarter.

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Cheniere Energy Company Profile

Cheniere Energy, Inc (Cheniere) is an energy company primarily engaged in liquefied natural gas (LNG)-related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business. Its LNG terminal segment consists of the Sabine Pass and Corpus Christi LNG terminals.

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