Cheniere Energy (LNG) news

Cheniere reports substantial completion of CCL stage 3 project

RBC Capital boosted its price target on Cheniere Energy to $319 from $300, reinforcing its Outperform rating on solid long-term LNG export fundamentals.

RBC Capital has raised its price target for Cheniere Energy to $319 from $300, while maintaining its Outperform rating[1]. The adjustment reflects the firm’s continued confidence in the long-term fundamentals of liquefied natural gas (LNG) exports. Analysts cited strong global demand for LNG,…

Cheniere should be able to increase output from midscale expansion by up to an additional 5 million metric tons per annum over next year, President Jack Fusco says

Cheniere Energy, Inc. (NYSE: LNG) has announced plans to increase its liquefied natural gas (LNG) production capacity through the Corpus Christi Midscale Trains 8 & 9 and Debottlenecking Project. The project, which received a positive Final Investment Decision (FID), is expected to add 5 million…

Cheniere sees Europe in challenging position and it will be difficult to get to 70% of natgas storage capacity by winter, says Chief Commercial Officer Anatol Feygin

Cheniere Energy’s Chief Commercial Officer, Anatol Feygin, has expressed concerns about Europe’s current natural gas situation, noting that the continent is facing a challenging energy landscape as it approaches the winter season. According to Feygin, it will be difficult for Europe to reach 70%…

Cheniere plans to generate over $8 billion annually in EBITDA going forward, even if margins are closer to $3 per MMBtu, says company CFO Zach Davis

Cheniere Energy, Inc. (NYSE: LNG) has outlined a forward-looking financial strategy that could see the company generating over $8 billion annually in EBITDA, according to CFO Zach Davis. This projection is based on the assumption that LNG margins stabilize near $3 per MMBtu, a level that reflects…