Cheniere Energy (NYSEAMERICAN:LNG) will be posting its quarterly earnings results before the market opens on Thursday, November 8th. Analysts expect Cheniere Energy to post earnings of $0.33 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Cheniere Energy (NYSEAMERICAN:LNG) last posted its quarterly earnings data on Thursday, August 9th. The energy company reported ($0.07) EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.32). The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the previous year, the company earned ($1.23) EPS. Cheniere Energy’s revenue for the quarter was up 24.3% on a year-over-year basis.
NYSEAMERICAN LNG opened at $60.17 on Wednesday. Cheniere Energy has a 12 month low of $46.00 and a 12 month high of $71.03.
LNG has been the subject of a number of research reports. BMO Capital Markets restated a “buy” rating and set a $81.00 target price on shares of Cheniere Energy in a report on Friday, July 13th. US Capital Advisors restated a “buy” rating on shares of Cheniere Energy in a report on Tuesday, July 17th. Zacks Investment Research cut shares of Cheniere Energy from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. Scotiabank set a $82.00 target price on shares of Cheniere Energy and gave the stock a “buy” rating in a report on Monday, August 20th. Finally, Bank of America restated a “buy” rating and set a $79.00 target price on shares of Cheniere Energy in a report on Tuesday, August 28th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Cheniere Energy presently has an average rating of “Buy” and an average price target of $75.09.
In related news, Director David B. Kilpatrick sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 27th. The shares were sold at an average price of $68.88, for a total value of $1,033,200.00. Following the completion of the transaction, the director now owns 4,397 shares of the company’s stock, valued at approximately $302,865.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
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About Cheniere Energy
Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company operates in two segments, LNG Terminal Business, and LNG and Natural Gas Marketing. It owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas.
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