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Cheniere Energy, Inc

5/22/2013, 8:23 AM ET

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Tuesday, May 21, 5:54 PM As a second U.S. liquefied natural gas export project gets the green light, Credit Suisse is the latest to predict how much LNG the U.S. might send overseas: potentially 10B cu. ft./day by the end of the decade. Growing confidence that more export approvals are ahead has lifted U.S. natural gas calendar-strip prices for 2015, '16 and '17 by 3%, 4% and 5%, respectively, CS says. (earlier) 1 Comment [Energy]
Tuesday, May 21, 10:43 AM Liquefied natural gas exports from the U.S. are looking more likely after the Freeport LNG terminal gained conditional approval, Goldman Sachs says, supporting its view that at least 6.8B cu. ft./day of liquefaction capacity will be built in the U.S. The market needs no more than 7.7B/day for the next decade, and Henry Hub prices need to stay at or below $5.10/MBtu to keep U.S. LNG competitive in Europe, Goldman says. 6 Comments [Energy, Global & FX]
Friday, May 17, 5:52 PM The permit approval for the Freeport gas export project opens up the dam for other pending applications, but the pace of coming decisions is still unknown, analysts say, adding that similar projects building from existing facilities are best placed to secure approval and financing. Meanwhile, Cheniere Energy (LNG) has reaffirmed its operating target date of late 2015 for the export terminal it is building at Sabine Pass, La. 12 Comments [Energy]
Friday, May 17, 1:05 PM The Obama administration approves ConocoPhillips-led (COP +0.3%) Freeport LNG as the second U.S. liquefaction project to gain federal approval to export chilled natural gas to countries without free trade agreements with the U.S. The decision is an important harbinger for the remaining 19 applications to export gas to non-FTA countries. 18 Comments [Energy]
Monday, May 6, 5:00 AM President Obama has signaled his support for increasing the U.S.'s exports of natural gas, saying that the country will probably be a net seller of LNG by 2020. The Department of Energy is assessing applications for 20 projects to export gas to nations with which the U.S. doesn't have a free trade agreement. Companies that could benefit include Dominion Resources (D), Cheniere Energy (LNG), Oiltanking Partners (OILT), Williams Cos. (WMB), Boardwalk Pipeline Partners (BWP) and Sempra Energy (SRE). Dow Chemical (DOW) and Alcoa (AA) are among those to oppose increased LNG exports, as it could raise their costs. 8 Comments [Energy, Top Stories]
Friday, May 3, 8:28 AM Cheniere Energy (LNG): Q1 EPS of -$0.54 misses by $0.34. Revenue of $65.91M misses by $8.94M. (PR) 1 Comment [Earnings, Breaking News]
Monday, April 29, 3:25 PM Cheniere Energy (LNG +3.1%) has remained strong all day after morning rumors that it may be exploring a potential LBO and rumored premium averages of ~25%. Such rumors have been around before, and Jim Cramer thinks they're "ridiculous." 11 Comments [Energy, On the Move]
Wednesday, April 17, 10:49 AM Cheniere Energy (LNG -1.5%) is initiated by BB&T with a Buy rating, believing the current valuation does not fully capture projected out year cash flow growth from Sabine Pass and Corpus Christi investments. Future developments regrading liquefaction and pipeline buildout, additional DOE approval, and further off-take agreements could result in meaningful upside to shares. 3 Comments [Energy, Quick Ideas, On the Move]
Wednesday, March 27, 2:16 PM Cheniere Energy (LNG +2.4%) enjoys an afternoon pop after BTIG raises its price target on the Buy-rated stock to $40 from $26. BTIG includes the contemplated fifth and sixth Sabine Pass liquefaction trains into its model assumptions for LNG after the company fulfilled most of the goals the firm had set for the company. Comment! [Energy, Quick Ideas, On the Move]
Monday, March 25, 5:41 AM Cheniere (LNG) has signed a £10B 20-year deal to provide 1.7M metric tons of gas per year to U.K. energy company Centrica (CPYYF.PK) in the first such deal between a U.S. supplier and a British utility. The deal is subject to Cheniere securing financing and the required regulatory approval, which isn't necessarily such a sure thing given the opposition to gas exports in the U.S. (PR) 2 Comments [Energy, Top Stories]
Thursday, March 21, 3:46 PM Barclays resumes coverage of Cheniere Energy (LNG +2.1%) at Overweight with a raised $28 target price; shares hit a 52-week high today. The firm also resumes Cheniere Energy Partners (CQP +0.6%) at Equal Weight and a $26 target. The firm notes funding is still needed for the Creole Trail pipeline dropdown, part of which could come from equity issuance. 3 Comments [Energy, Quick Ideas, On the Move]
Thursday, March 21, 10:43 AM The MLP analyst team at Credit Suisse, which recently reported MLPs have performed well in rising interest rate environments, also offers a list of nine names to own for the next 12 months: QRE, which sports an 11% distribution; XTEX, with a 7.5% distribution; as well as LNG, CQP, TRGP, GEL, DPM, ACMP, TLLP. 1 Comment [Energy, Quick Ideas]
Thursday, March 14, 12:49 PM Rising natural gas prices and lower inventories boost shares of gas-focused firms, including WPX Energy (WPX +5.2%), the S&P's top performer. But Susquehanna warns of unwarranted optimism in WPX, seeing "weak execution going forward reflecting a lower than peer average capacity to reinvest and lack of visible scale of reinvention target." Also: CHK +2.8%, NBL +3.2%, COG +2.6%, LNG +5%, KWK +17.6%. Comment! [Energy, On the Move]
Friday, March 8, 8:56 AM Cheniere Energy (LNG) +1.3% premarket on a report the U.K.'s Centrica is in talks to secure the country's first long-term deal to import liquefied natural gas. Gas prices in the U.K. are three times higher than in the U.S., and British domestic production is dwindling, with the U.K. becoming more reliant on piped imports from Norway and sporadic shipments from Qatar. 3 Comments [Energy, Global & FX]
Thursday, March 7, 5:59 PM Cheniere Energy (LNG) will start to recruit commodity traders as the company is expected to become the largest single buyer of U.S. natural gas by 2016, CEO Charif Souki says. LNG plans to start exporting an average of 500M cu. ft./day of natural gas by late 2015 when its Sabine Pass, La., terminal is scheduled to come online, with another 1.5B cu. ft./day added through the following 18 months. 2 Comments [Energy]
Wednesday, March 6, 5:48 PM Pres. Obama has done a “very good job” dealing with the complicated matter of exporting liquefied natural gas, Cheniere Energy (LNG) CEO Charif Souki says, hardly a shock since its Sabine Pass terminal is the only project so far to obtain full U.S. approval for LNG export. Souki also says as more supply comes online, LNG producers will need to start offering gas from different parts of their supply portfolio. 6 Comments [Energy]