LNG

Cheniere Energy Inc

Energy


Presented:09/24/2015
Price:$48.91
Cap:$11.08B
Current Price:$183.79
Cap:$41.59B

Presented

Date09/24/2015
Price$48.91
Market Cap$11.08B
Ent Value$30.92B
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/S226.48M
Ave Daily Vol4,070,151
Short Int10.37%

Current

Price$183.79
Market Cap$41.59B
Cheniere Energy, Inc. is engaged in the development, construction and operation of LNG terminals and marketing of LNG and natural gas. The company operates through two segments: LNG terminal and LNG and natural gas marketing. The LNG terminal segment consists of the operational Sabine Pass LNG terminal in western Cameron Parish, Louisiana on the Sabine Pass Channel and the following two other LNG terminals that are in various stages of development. The company was founded by Charif Souki on February 21, 1996 and is headquartered in Houston, TX.

Publicly traded companies mentioned herein: Cheniere Energy Inc (LNG)

Highlights

​The presenter has been long shares of Cheniere Energy (LNG) since it was a high single digit stock. While the recent declines have been frustrating, the longer term view remains bullish as the company is not likely to be a taxpayer any time in the near future, its terminals are well positioned in the Gulf of Mexico, and its contracts have the attractive feature of not specifying a destination. While Carl Icahn’s timing was clearly off, shortly after he took his position and started applying pressure LNG management acquiesced, and now Samuel Merksamer and Jonathan Christodoro represent him on the board.

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Idea Discussion

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