Adams Natural Resources Fund Inc. Buys New Stake in Cheniere Energy, Inc. $LNG

Key Points

• Adams Natural Resources Fund acquired 15,600 Cheniere Energy shares during the third quarter, valued at approximately $4.2 million. Institutional investors and hedge funds collectively own 87.26% of the company.
• Analysts maintain a broadly positive outlook, with the stock receiving a consensus “Buy” rating and an average price target of $310.06.
• Cheniere reported quarterly revenue of $5.73 billion, up 23.5% year over year, though earnings of $3.02 per share fell short of estimates. The company also pays a quarterly dividend of $0.555 per share, yielding approximately 0.8% annually.

Adams Natural Resources Fund Inc. bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 15,600 shares of the energy company's stock, valued at approximately $4,197,000.

A number of other institutional investors also recently added to or reduced their stakes in LNG. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Cheniere Energy during the 2nd quarter worth approximately $7,122,000. Saudi Central Bank raised its stake in shares of Cheniere Energy by 80.5% during the 2nd quarter. Saudi Central Bank now owns 14,342 shares of the energy company's stock worth $3,428,000 after purchasing an additional 6,397 shares in the last quarter. Anchor Capital Advisors LLC acquired a new stake in Cheniere Energy in the second quarter valued at approximately $32,472,000. Groupe la Francaise acquired a new stake in Cheniere Energy in the second quarter valued at approximately $4,500,000. Finally, Nykredit A S bought a new stake in Cheniere Energy in the second quarter worth approximately $29,941,000. Institutional investors and hedge funds own 87.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on LNG shares. JPMorgan Chase & Co. increased their price target on shares of Cheniere Energy from $327.00 to $334.00 and gave the stock an "overweight" rating in a research note on Friday, July 24th. Morgan Stanley reaffirmed an "overweight" rating and issued a $310.00 price target on shares of Cheniere Energy in a research report on Friday, August 7th. Barclays upped their price target on Cheniere Energy from $279.00 to $287.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 7th. Wall Street Zen raised Cheniere Energy from a "sell" rating to a "hold" rating in a report on Saturday, July 25th. Finally, UBS Group reissued a "buy" rating on shares of Cheniere Energy in a research note on Tuesday, September 1st. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $310.06.

Cheniere Energy Stock Performance

NYSE:LNG opened at $287.04 on Friday. The firm has a market capitalization of $59.28 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 1.13 and a beta of 0.06. The company has a quick ratio of 0.72, a current ratio of 0.87 and a debt-to-equity ratio of 1.97. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $300.89. The firm has a 50-day moving average price of $278.33 and a 200 day moving average price of $260.79.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The energy company reported $3.02 earnings per share for the quarter, missing analysts' consensus estimates of $3.11 by ($0.09). Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The company had revenue of $5.73 billion for the quarter, compared to analyst estimates of $4.92 billion. During the same period in the previous year, the firm posted $7.30 earnings per share. The firm's revenue for the quarter was up 23.5% compared to the same quarter last year. Research analysts anticipate that Cheniere Energy, Inc. will post 16.75 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 18th. Investors of record on Monday, August 10th were given a dividend of $0.5550 per share. The ex-dividend date was Monday, August 10th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.8%. Cheniere Energy's dividend payout ratio (DPR) is 16.53%.

Trending Headlines about Cheniere Energy

Here are the key news stories impacting Cheniere Energy this week:

• Positive Sentiment: Long-term QatarEnergy contracts improve visibility. Cheniere signed sale and purchase agreements to supply QatarEnergy with approximately 4 million tonnes per year of LNG through 2054. The multidecade commitments could provide durable cash-flow visibility and reduce exposure to short-term spot-market volatility. Cheniere signs 4 MMtpy LNG supply deals with QatarEnergy through 2054
• Positive Sentiment: Sabine Pass expansion could increase future export capacity. Cheniere Energy, through Cheniere Energy Partners, is developing an expansion of its existing Sabine Pass liquefaction project. Additional capacity would give the company more volume to sell under long-term contracts and could support future earnings growth. Cheniere Energy develops expansion of existing Sabine Pass Liquefaction Project
• Positive Sentiment: Analysts see potential for an earnings beat. Zacks highlighted favorable earnings expectations and recent estimate trends ahead of Cheniere’s upcoming report. The company was also upgraded to Zacks Rank #2, or “Buy,” adding to near-term investor optimism. Cheniere Energy expected to beat earnings estimates
• Neutral Sentiment: Geopolitical factors are increasing demand for U.S. LNG. QatarEnergy’s decision to secure U.S. supplies through 2054 reflects concerns about Middle Eastern supply disruptions and the Strait of Hormuz. This supports the strategic value of Cheniere’s export network, although the broader geopolitical backdrop also creates uncertainty for global LNG markets. Qatar agrees to buy U.S. LNG to 2054

Cheniere Energy Company Profile

Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.

Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.

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