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Cheniere Energy Inc LNG

Morningstar Rating
$158.19 +0.75 (0.48%)
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Company Report

Cheniere's Marketing Profits Fall Close to Normalized Levels in 2024

Cheniere is well positioned to be the exporter of the incremental liquefied natural gas supplied to the global market over the next few years, particularly as demand ramps up from China. We expect Cheniere to have about 45 million metric tons per year LNG capacity on line in 2022, 55 million tons in 2026, and 58 million tons in 2028. We expect the bulk of China's LNG demand growth to be met by U.S. gas supply, given the United States' ability to increase gas and therefore LNG supply significantly.

Price vs Fair Value

LNG is trading at a 1% discount.
Price
$158.90
Fair Value
$784.00
Uncertainty
Medium
1-Star Price
$564.91
5-Star Price
$427.50
Economic Moat
Tltm
Capital Allocation
Xyzbtsj

Bulls Say, Bears Say

Bulls

At $600-$700/ton for incremental capacity expansion projects, Cheniere has some of the lowest-cost LNG projects on the global cost curve, well below the U.S. average of $800/ton and similar targets by Australian LNG producers.

Bears

If China changes its government policy on higher natural gas consumption, this would likely mean a decline in demand for U.S. LNG.

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News

Trading Information

Previous Close Price
$157.44
Day Range
$157.38158.27
52-Week Range
$135.27183.41
Bid/Ask
$158.13 / $158.61
Market Cap
$36.44 Bil
Volume/Avg
12,990 / 2.0 Mil

Key Statistics

Price/Earnings (Normalized)
10.07
Price/Sales
1.89
Dividend Yield (Trailing)
1.05%
Dividend Yield (Forward)
1.11%
Total Yield
5.06%

Company Profile

Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Mid Growth
Total Number of Employees
1,605

Competitors

Valuation

Metric
LNG
WMB
ET
Price/Earnings (Normalized)
10.0720.3012.78
Price/Book Value
7.443.811.77
Price/Sales
1.894.350.64
Price/Cash Flow
4.498.115.04
Price/Earnings
LNG
WMB
ET

Financial Strength

Metric
LNG
WMB
ET
Quick Ratio
1.330.650.83
Current Ratio
1.630.771.10
Interest Coverage
13.594.503.17
Quick Ratio
LNG
WMB
ET

Profitability

Metric
LNG
WMB
ET
Return on Assets (Normalized)
15.00%4.67%5.62%
Return on Equity (Normalized)
283.59%19.77%21.72%
Return on Invested Capital (Normalized)
21.21%8.25%9.25%
Return on Assets
LNG
WMB
ET
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