LNG

Cheniere Energy Inc.

Energy


Presented:08/18/2021
Price:$85.88
Cap:$21.78B
Current Price:$183.79
Cap:$41.59B

Presented

Date08/18/2021
Price$85.88
Market Cap$21.78B
Ent Value$54.25B
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/S253.61M
Ave Daily Vol1,172,013
Short Int1.46%

Current

Price$183.79
Market Cap$41.59B
Cheniere Energy, Inc. engages in liquefied natural gas (LNG) related businesses. It owns and operates LNG terminals, and develops, constructs, and operates liquefaction projects near Corpus Christi, Texas, and at the Sabine Pass LNG terminal. The company was founded by Charif Souki in 1983 and is headquartered in Houston, TX.

Publicly traded companies mentioned herein: Berkshire Hathaway Inc (BRK/B), Cheniere Energy Inc (LNG), Dominion Energy Inc (D), KKR & Co Inc (KKR), Sempra Energy (SRE)

Highlights

The presenter is long shares of Cheniere Energy Inc (LNG), a leading producer and exporter of liquefied natural gas (LNG) in the US. He believes the stock is currently mispriced at ~$85 per share and that the company is well-positioned in the LNG market as it comes to the end of its large nine liquefaction train build out. As this investment program ends, LNG will have the opportunity to engage in a favorable capital return policy, with the optionality to increase overall capacity. As LNG ramps up capacity and secures long-term contracts, he estimates it will generate $14 - $17 of FCF per share over 2024 - 2025 and that LNG’s stock will appreciate to $130+ per share by the end of 2022. 

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Idea Discussion

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