Gain detailed insights into the trading activity of Congress members for Cheniere Energy on our government trades page. Stay updated on how elected officials are investing in LNG.

Cheniere Energy - Government Trades

Cheniere Energy

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.

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Jim Cramer shared his insights on the potential impact of a second Donald Trump presidency on the stock market.

Jim Cramer Says Trump&#39;s Return To White House Could Be &#39;Good For Your Portfolio:&#39; &#39;Hate Him Or Like Him&#39;

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The U.S. Energy Department&#39;s weekly inventory release showed that natural gas supplies increased more than expected. The bearish inventory numbers affected natural gas futures, which settled with a loss week over week.


How Did the Weekly EIA Data Impact the Natural Gas Market?

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Oracle shares fell 1% to close at $141.50 during Friday&#39;s session; the Health Care Select Sector SPDR Fund rose 0.3% during Friday&#39;s session.

Oracle, Leidos, Cheniere Energy And More: CNBC&#39;s &#39;Final Trades&#39;

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DraftKings And Dell Were Among The 10 Biggest Large Cap Stock Gainers Last Week (June 16-June 22): Are These In Your Portfolio?

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TotalEnergies SE (NYSE: TTE), along with the Nigerian National Petroleum Corporation Ltd (&#34;NNPCL&#34;), has taken the final investment decision for the development of the Ubeta gas field.

TotalEnergies Initiates Work on Ubeta Gas Field in Nigeria

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Extreme Heat Waves Set To Drive Up US Natural Gas Prices: 10 Energy Stocks To Watch This Summer

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The U.S. Energy Department&#39;s weekly inventory release showed that natural gas supplies increased more than expected. The bearish inventory numbers notwithstanding, futures settled with a week-over-week gain on signs of production pullback, resurgence of LNG exports and robust summer demand.

Reasons Behind Last Week&#39;s Rally in Natural Gas Prices

The U.S. Energy Department&#39;s weekly inventory release showed that natural gas supplies increased less than expected. The positive inventory numbers, together with signs of production pullback and upcoming summer demand, buoyed natural gas futures, which settled with a healthy gain week over week.

Why Did U.S. Natural Gas Prices Move Up 16.6% Last Week?

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It is unlikely to violate bribery laws as currently interpreted by the Supreme Court, as per Meredith McGehee, an independent expert on government ethics and campaign finance.

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A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.

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Jim Cramer shared his insights on the potential impact of a second Donald Trump <a href="https://www.benzinga.com/topic/donald-trump">presidency</a> on the stock market.
What Happened: Cramer suggested that the market&#8217;s overall sentiment could improve if Trump were to be re-elected, <a href="https://www.cnbc.com/2024/06/28/jim-cramer-markets-tone-if-trump-becomes-president.html">reported</a> CNBC.
He explained that Trump&#8217;s reliance on the stock market performance to judge his own could lead to measures resulting in a more bullish market.
"If you think that Trump's more likely to be president, the overall tone of the stock market will improve if only because the man can't bear to see it go down, as the major averages are the barometer he uses to measure his own job approval."
"Hate him or like him – he's good for your portfolio."
He also predicted that Trump&#8217;s administration would likely be more lenient towards mergers, which could benefit companies like Kroger Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) and Tapestry Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>).
Additionally, Cramer suggested that Trump&#8217;s favorable stance on gas and oil could be advantageous for companies like New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>) and Cheniere Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>).
However, Cramer warned that a Trump presidency could lead to stricter trade regulations, particularly with China, which might not bode well for companies like Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) and Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>).
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39516711/cathie-woods-ark-invest-acquires-7-3m-worth-of-shares-in-this-promising-netflix-competitor?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cathie Wood&#8217;s Ark Invest Acquires $7.3M Worth Of Shares In This Promising Netflix Competitor</a>
He also noted Trump&#8217;s long-standing interest in the stock market, stating, &#8220;He loved bantering about the stock market, appeared on this show many times because even though he was in real estate, he enjoyed stocks.&#8221;
Why It Matters: The 2024 election cycle has been marked by significant developments, including a <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39552551/donald-trumps-election-odds-surge-to-64-following-debate-according-to-crypto-bettors">surge in Trump&#8217;s election odds</a> following the first debate. Trump&#8217;s odds of winning in November rose to 64%, according to blockchain bettors.
Trump has also made a notable shift in his stance on cryptocurrencies, <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39551261/trumps-new-stance-vows-to-revamp-bidens-war-on-crypto">pledging to revamp</a> Biden&#8217;s regulatory framework for digital assets. This change reflects his broader strategy to connect with the growing number of cryptocurrency supporters.
During the presidential debate, Trump also <a href="https://www.benzinga.com/24/06/39537406/us-economy-at-stake-in-biden-vs-trump-debate-both-candidates-have-policies-that-are-inflationary">criticized Biden&#8217;s handling of tariffs and trade policies</a>, warning that China&#8217;s economic actions could lead to the country gaining undue influence over the United States.
These factors could have significant implications for the market if Trump were to be re-elected.
Read Next: <a href="https://www.benzinga.com/news/24/06/39562214/elon-musk-responds-to-vivek-ramaswamy-as-to-whos-running-the-country-after-trump-biden-debate-maybe">Elon Musk Responds To Vivek Ramaswamy As To Who&#8217;s Running The Country After Trump-Biden Debate: &#8216;Maybe Nobody&#8217;</a>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photos courtesy: Shutterstock

Jim Cramer Says Trump's Return To White House Could Be 'Good For Your Portfolio:' 'Hate Him Or Like Him'

The U.S. Energy Department&#39;s weekly inventory release showed that natural gas supplies increased more than expected. The bearish inventory numbers affected natural gas futures, which settled with a loss week over week. 
However, signs of production pullback, resurgence of LNG exports, and heatwave-related summer demand are set to support near-term prices. The commodity is already on an upswing, gaining some 30% in May &mdash; its best monthly performance since July 2022 &mdash; driven by an improved macro backdrop. 
Considering that the space remains highly susceptible to unpredictable weather patterns that impact prices and market stability, at this time we advise investors to snap up Buy-rated stocks like Coterra Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ctra#NYSE">CTRA</a>) and hold onto others like Cheniere Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lng#NYSE">LNG</a>).
<h3>EIA Reports a Build Slightly Larger Than Market Expectations</h3>
Stockpiles held in underground storage in the lower 48 states rose 71 billion cubic feet (Bcf) for the week ended Jun 14, above the analyst guidance of a 69 Bcf addition. The increase compared with the five-year (2019-2023) average net injection of 83 Bcf. 
The latest increase puts total natural gas stocks at 3,045 Bcf, 343 Bcf (12.7%) above the 2023 level and 561 Bcf (22.6%) higher than the five-year average.
<h3>Natural Gas Prices Finish Lower</h3>
Natural gas prices trended southward last week, following the higher-than-expected inventory build. Futures for July delivery ended Friday at $2.71 on the New York Mercantile Exchange, down some 6.1% from the previous week&#39;s closing. Despite this dip, the commodity has been resurgent over the past couple of months &mdash; gaining 13% in April, followed by 30% in May &mdash; and wiped out all its deficit since the start of this year to be up nearly 8% in 2024. 
Investors should know that natural gas realization has been under pressure from strong production, elevated stockpiles, and tepid weather-related demand. It&#39;s worth mentioning that the current inventory levels are well above the year-ago figure and the five-year average. The bearish sentiment surrounding the commodity even prompted shale producers Chesapeake Energy (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chk#NASDAQ">CHK</a>) and EQT Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eqt#NYSE">EQT</a>) to hit the brakes on new drilling. 
Chesapeake announced a reduction in its drilling rigs to lower volume, with the Appalachian Basin-focused EQT following on. CHK has decided to curb the second quarter&#39;s gas production expectations by 400 million cubic feet per day (MMcf/d), doubling the previous curtailment announced in March. Separately, EQT &mdash; the largest domestic producer of natural gas &mdash; said that it will lower its daily output by 1 Bcf through May to combat the supply glut in the U.S. market. 
According to EQT, the revised plan will likely reduce the full-year sales volume to 2,100-2,200 billion cubic feet equivalent (Bcfe) from 2,200-2,300 Bcfe earlier. It appears that these production cut announcements have been partly responsible for driving natural gas prices higher and galvanizing the market. 
As is the norm with natural gas, changes in temperature and weather can lead to price swings. With low heating demand this winter, usage of the commodity to generate electricity took a hit. However, predictions of hotter-than-normal weather over the coming weeks should boost demand. 
Moreover, there are signs of curtailment in U.S. production. According to energy services provider Baker Hughes (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bkr#NASDAQ">BKR</a>), the U.S. natural gas rig count &mdash; a pointer to where production is headed &mdash; is down around 25% from last year to its lowest level since October 2021. Industry observers believe that this could set the stage for a pullback in near-term drilling and supplies. 
Meanwhile, a stable demand catalyst in the form of continued strong LNG feed gas deliveries is supporting natural gas. LNG shipments for export from the United States have been elevated of late due to environmental reasons and Europe&#39;s endeavor to move away from its dependence on Russian natural gas supplies due to the war in Ukraine. At the same time, the increase in gas flows due to the full restart of the Freeport LNG export plant in Texas has translated into more of the commodity being loaded onto ships. A heatwave blanketing Southeast Asia has also led to a jump in power demand for air conditioning, increasing exports of the super-chilled fuel.
<h3>Final Thoughts</h3>
The upshot of all these factors &mdash; the natural gas market &mdash; despite improving, remains an oversupplied one. It endured a torrid 2023, briefly breaking below the $2 threshold for the first time since 2020. The situation was not much different in early 2024, with the fuel reaching a multi-year low near $1.48 in late March and struggling to sustain a rally over the psychological mark of $2. 
However, natural gas has staged quite the turnaround in a matter of weeks and looks to improve even further, given the favorable temperature and lower production outlook. While that&#39;s not to say there won&#39;t be some hiccups along the way, things are starting to look up for the sector. 
Nevertheless, based on several factors, the space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. As such, investors are advised to still exercise caution, and preferably buy/hold on to fundamentally strong stocks like Coterra Energy and Cheniere Energy. 
Coterra Energy: It is an independent upstream operator primarily engaged in the exploration, development and production of natural gas. Headquartered in Houston, TX, the firm owns some 183,000 net acres in the gas-producing Marcellus Shale of the Appalachian Basin. This Zacks Rank #2 (Buy) company churned out an average of 2,262.7 million cubic feet daily from these assets in 2023. 
Coterra beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed in the other, the average being 9.8%. Valued at around $19.8 billion, CTRA has risen 14.5% in a year. 
Cheniere Energy: Being the first company to receive regulatory approval to export LNG from its 2.6 billion cubic feet per day Sabine Pass terminal, Cheniere Energy enjoys a distinct competitive advantage. 
Cheniere Energy beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two. This Zacks Rank #3 (Hold) natural gas exporter has a trailing four-quarter earnings surprise of roughly 58.9%, on average. LNG shares have moved up 13% in a year.
<a href="https://www.zacks.com/stock/news/2292099/how-did-the-weekly-eia-data-impact-the-natural-gas-market?cid=CS-BENZ-FT-analyst_blog|industry_focus-2292099">To read this article on Zacks.com click here.</a>

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/06/21/final-trades-leidos-oracle-cheniere-energy-and-the-xlv.html&quot;">Halftime Report Final Trades</a>,&#8221; Jason Snipe of Odyssey Capital Advisors said he likes Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) here.
On June 20, Oracle announced plans to invest more than $1 billion in AI and cloud computing in Spain. On June 11, the company reported fourth-quarter revenue of $14.3 billion, missing the consensus estimate of $14.554 billion, according to Benzinga Pro. Oracle reported fourth-quarter adjusted earnings of $1.63 per share, missing a<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39296998/oracle-rides-strong-on-the-ai-wave-despite-q4-revenue-miss-8-analysts-insights">verage analyst estimates of $1.65 per share.</a>
Shannon Saccocia of NB Private Wealth named The Health Care Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) as her final trade.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Bill Baruch of Blue Line Capital named Cheniere Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>), saying, &#8220;Look for the stock to perform.&#8221;
On June 17, Cheniere Energy said its board approved a $4 billion increase to its repurchase program and plans to increase the third-quarter dividend by 15% to $2 per share.
Stephen Weiss of Short Hills Capital Partners named Leidos Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LDOS#NYSE">LDOS</a>) as his final trade.
On June 13, Leidos received a $738 million follow-on contract for US Air Force. The company reported better-than-expected first-quarter results and updated FY24 guidance on April 30.
Price Action:
<ul>
<li>Oracle shares fell 1% to close at $141.50 during Friday's session.</li>
<li>The Health Care Select Sector SPDR Fund rose 0.3% during Friday's session.</li>
<li>Cheniere Energy gained 0.6% to close at $164.92 during Friday's session.</li>
<li>Leidos Holdings gained 0.4% to close at $146.57 on Friday.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39432128/2m-bet-on-exxon-mobil-check-out-these-3-stocks-insiders-are-buying">$2M Bet On Exxon Mobil? Check Out These 3 Stocks Insiders Are Buying</a>
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Oracle, Leidos, Cheniere Energy And More: CNBC's 'Final Trades'

These large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Sarepta Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) shares increased 29.50% after the company announced FDA approval of an expansion to the labeled indication for ELEVIDYS to include individuals with Duchenne muscular dystrophy with a confirmed mutation in the <a href="https://www.benzinga.com//node/39430498" target="_blank" rel="noreferrer noopener">DMD gene who are at least 4 years of age</a>. Also, multiple firms raised their <a href="https://www.benzinga.com/quote/srpt/analyst-ratings" target="_blank" rel="noreferrer noopener">respective price targets on the stock</a>.</li>
<li>Sirius XM Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) <a href="https://www.benzinga.com//node/39359482" target="_blank" rel="noreferrer noopener">shares gained 16.73%</a> in the last week.</li>
<li>Toast, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) shares <a href="https://www.benzinga.com//node/39386379" target="_blank" rel="noreferrer noopener">upped 15.57%</a> in the last week.</li>
<li>Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>) shares were up 12.62% on continued strength <a href="https://www.benzinga.com//node/39435732" target="_blank" rel="noreferrer noopener">following positive Phase 3 HIV data</a>.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) stock jumped 10.59%. The stock may be up after retail purchases <a href="https://www.benzinga.com//node/39385252" target="_blank" rel="noreferrer noopener">at online outlets rose in May</a>.</li>
<li>Accenture Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) stock increased 9.80% after the company <a href="https://www.benzinga.com//node/39410240" target="_blank" rel="noreferrer noopener">reported third quarter results</a>. Several analysts <a href="https://www.benzinga.com/quote/acn/analyst-ratings" target="_blank" rel="noreferrer noopener">cut their price forecasts</a>.</li>
<li>DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) shares advanced 9.69% in the last week. This surge comes on the heels of a pivotal decision by the U.S. Supreme Court that has significant implications for the future of online sports betting in Florida and optimism that taxes will not be introduced into <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39316935/draftkings-stock-can-overcome-wall-of-worry-around-various-regulatory-risks-analyst">New Jersey's 2025 budget, which needs to be finalized by June 30.</a></li>
<li>Dell Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) shares gained 8.19% in the last week after Elon Musk <a href="http://Dell shares are trading higher after Elon Musk said the company is assembling half of the racks that are going into the supercomputer that xAI is building.">said the company</a> is assembling half of the racks that are going into the supercomputer that xAI is building.</li>
<li>Autodesk Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) shares gained 7.99% following <a href="https://www.benzinga.com//node/39357211">a report suggesting</a> that Starboard has a $500 million stake in the company.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) shares rose 7.15%. Shares of gold stocks are trading higher <a href="https://www.benzinga.com//node/39416585" target="_blank" rel="noreferrer noopener">amid a rise in the price of gold</a>.</li>
</ol>
Photo via Shutterstock
Also Read: <a href="https://www.benzinga.com/news/24/06/39447506/gamestop-and-first-solar-were-among-the-10-biggest-large-cap-losers-last-week-june-16-june-22-are-th">GameStop And First Solar Were Among The 10 Biggest Large Cap Losers Last Week (June 16-June 22): Are These In Your Portfolio?</a>

Oracle, Leidos, Cheniere Energy: CNBC's 'Final Trades'

TotalEnergies SE (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tte#NYSE">TTE</a>), along with the Nigerian National Petroleum Corporation Ltd (&quot;NNPCL&quot;), has taken the final investment decision for the development of the Ubeta gas field. TTE is the operator of the OML 58 onshore license in Nigeria with a 40% interest, while NNPCL holds the remaining 60%. 
The OML 58 license, situated in Rivers state and around 49.7 miles (80 km) northwest of Port Harcourt, includes the two producing fields &mdash; the Obagi oil field and the Ibewa gas and condensate field. The Obite treatment center processes the OML 58 gas production, which is then sent to the Nigeria LNG (NLNG) facility as well as the country&#39;s domestic gas market. 
The Ubeta gas condensate field will be developed with a new 6-well cluster connected to the existing Obite facilities through a 6.8 miles (11 km) buried pipeline. With a plateau of 300 million cubic feet per day (about 70,000 barrels of oil equivalent per day including condensates), the production is anticipated to begin in 2027. Ubeta gas will be delivered to NLNG, a Bonny Island liquefaction plant where TotalEnergies owns a 15% stake and is currently expanding its capacity from 22 to 30 metric tons per annum (Mtpa).
<h3>Focus of TotalEnergies in the LNG Chain</h3>
TTE benefits from an integrated position across the LNG value chain, including production, transportation, access to more than 20 Mtpa of regasification capacity in Europe, trading and LNG bunkering. 
TotalEnergies&#39; global LNG portfolio was 44 Mtpa in 2023, owing to its interests in liquefaction plants in all geographies. The company continues to expand its LNG operation through acquisition, partnership and agreements. Its large fleet of LNG tankers and reserved capacity in several regasification terminals make it a perfect partner for the development of LNG projects globally. 
TTE&#39;s expanding LNG operation is in sync with its long-term ambition to increase the share of natural gas in its sales mix to close to 50% by 2030, reduce carbon emissions and eliminate methane emissions associated with the gas value chain. 
The Ubeta project is in line with the company&#39;s strategy of developing low-cost and low-emission projects. The carbon intensity of the project is expected to be further reduced through a 5-megawatt solar plant currently under construction at the Obite site and the electrification of the drilling rig.
<h3>Demand for LNG is on the Rise</h3>
The Institute for Energy Economics and Financial Analysis has released a report indicating that the worldwide LNG market is about to experience an unparalleled surge of new liquefaction projects, starting late 2024. 
This surge is expected to be the quickest expansion in the history of the global LNG sector, marking a 40% rise over a span of five years. The sector is poised to increase its liquefaction capacity nearly five times from 2025 to 2028, compared with the preceding four-year span. 
Along with TTE, other companies like Shell plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shel#NYSE">SHEL</a>), Cheniere Energy Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lng#NYSE">LNG</a>) and Exxon Mobil Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xom#NYSE">XOM</a>) are also set to benefit from the growing LNG market. 
Shell is aggressively pursuing an expansion strategy to solidify its position as a leader in LNG markets. In June 2024, it finalized a deal to acquire Pavilion Energy, the Singaporean LNG firm, from Temasek. The deal includes Pavilion Energy&#39;s LNG supply contracts for 6.5 Mtpa from suppliers like Chevron, BP and QatarEnergy. It should help Shell expand its LNG portfolio and meet its long-term objective of growing its LNG business by 20-30% within 2030. 
SHEL&#39;s long-term (three- to five-year) earnings growth rate is 4.64%. The Zacks Consensus Estimate for 2024 sales indicates a year-over-year increase of 8.8%. 
Cheniere Energy, being the first company to receive regulatory approval to export LNG from its 2.6 billion cubic feet per day Sabine Pass terminal, certainly enjoys a distinct competitive advantage. As a proof of the natural gas exporter&#39;s efforts to contract its LNG capacity on a long-term basis, it informed last year that it has signed long-term contracts to deliver some 180 million tons of natural gas chilled to liquid through 2050. 
The Zacks Consensus Estimate for 2024 sales indicates a year-over-year decrease of 23.7%. The company delivered an average earnings surprise of 58.9% in the last four quarters. 
XOM aims to double its capacity to 40 Mtpa by 2030, up from the current production of nearly 30 Mtpa. This growth trajectory marks a significant step from the company&#39;s 2020 announcement, reflecting its strategic shift toward self-reliance in LNG trading. 
XOM&#39;s long-term earnings growth rate is 3%. The Zacks Consensus Estimate for 2024 sales indicates a year-over-year increase of 4.7%.
<h3>Price Performance</h3>
In the past three months, shares of TotalEnergies have lost 2% compared with the industry&#39;s 7.7% decline.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b4/69275.jpg?v=558534048" /> 
Image Source: Zacks Investment Research
<h3>Zacks Rank</h3>
The company currently has a Zacks Rank #3 (Hold).
<a href="https://www.zacks.com/stock/news/2291336/totalenergies-tte-initiates-work-on-ubeta-gas-field-in-nigeria?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2291336">To read this article on Zacks.com click here.</a>

The U.S. <a href="https://apnews.com/article/us-extreme-heat-wave-f4877dd84b047cdb7f4b5f2ae61da106">faces</a> severe heat waves, impacting areas from the Midwest into much of the Ohio Valley, Great Lakes, Northeast, and Mid-Atlantic through <a href="https://www.benzinga.com/topic/weather">the next few days.</a>
According to the latest updates from the National Oceanic and Atmospheric Administration (NOAA), high temperatures and warm overnight lows will likely challenge daily and even some monthly records.
Heat index readings are expected to peak from 100 to 105 degrees in many locations. 
&#8220;Those without access to reliable air conditioning are urged to find a way to cool down. Record warm overnight temperatures will prevent natural cooling and allow the heat danger to build over time indoors without air conditioning,&#8221; the NOAA wrote.
<h3 class="wp-block-heading">Increased Demand and Rising Prices</h3>
During heat waves, electricity demand typically surges. People rely heavily on air conditioning to cool their homes and businesses.
This surge in electricity use typically drives up natural gas prices. For example, in June 2023, U.S. natural gas prices — as tracked by the US Natural Gas Fund LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNG#NYSE">UNG</a>) — climbed for four consecutive weeks due to elevated temperatures boosting electricity demand.
A similar trend is emerging this year. <a href="https://www.benzinga.com/news/21/08/22684772/henry-hub-remains-the-center-of-natural-gas-markets">Henry Hub gas prices</a> are poised for their third consecutive month of increases, fueled by higher-than-average temperatures in late spring.
<h3 class="wp-block-heading">Analyst Insights</h3>
As the summer of 2024 heats up, investors and analysts are closely watching the implications of soaring temperatures on natural gas prices and related stocks. 
Eli Rubin, a senior analyst at EBW Analytics Group, told Natural Gas Intelligence that the market is poised to seize upon the heat theme throughout the summer. 
&#8220;Chances for significantly hotter-than-normal weather during July and August could raise natural gas demand and drive prices higher,&#8221; Rubin stated.
Cooling degree days (CDD) are increasing. Forecasters use these to estimate the energy demand for air conditioning. DTN's 15-day forecast called for 57 CDD above the 30-year averages, with every single day exceeding peak summer CDD averages.
The combination of shrinking storage surpluses and scorching record heat could drive natural gas prices to exceed long-term fundamentals over the next 30-45 days. &#8220;Medium-term bullish upside is likely, but it is increasingly dependent on blistering weather forecasts coming to fruition,&#8221; Rubin added.
In major areas across the Midwest and Northeast, observers expect heat waves to span at least three days with temperatures of 90 degrees or higher. And tropical storm Alberto — the first tropical storm of the hurricane season — is <a href="https://www.nbcnews.com/news/us-news/tropical-storm-texas-extreme-heat-wave-northeast-rcna157893">currently</a> aiming for Texas and Mexico, putting the Gulf Coast region on flood watch.
AccuWeather forecasts that these high temperatures will likely persist throughout the week, contributing to increased natural gas consumption. &#8220;The increased demand for cooling is going to be a problem here. This could have some impacts on the power grid,&#8221; AccuWeather meteorologist Bernie Rayno warned.
<a href="https://www.benzinga.com/news/24/06/39360337/heat-wave-hits-us-10-stocks-to-watch-during-junes-sweltering-temperatures">Heat Wave Hits US: 10 Stocks To Watch During June&#8217;s Sweltering Temperatures</a>
<h3 class="wp-block-heading">10 Stocks To Watch</h3>
Here are some key stocks for investors to watch:
<ul>
<li>EQT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>):&nbsp;The largest producer of natural gas in the United States, focusing on the Appalachian Basin.</li>
<li>Chesapeake Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHK#NYSE">CHK</a>): A leading producer of natural gas, oil, and natural gas liquids in the U.S.</li>
<li>Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>):&nbsp;The top exporter of liquefied natural gas (LNG) in the U.S., operating the Sabine Pass and Corpus Christi LNG terminals.</li>
<li>Canadian Natural Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>):&nbsp;One of the largest independent producers of crude oil and natural gas in the world.</li>
<li>Antero Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AR#NYSE">AR</a>)&nbsp;A top producer of natural gas and natural gas liquids, primarily operating in the Appalachian Basin.</li>
<li>EOG Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>)&nbsp;A producer of crude oil and natural gas, with operations across the U.S.</li>
<li>Kinder Morgan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>)&nbsp;A major energy infrastructure company, operating one of the largest natural gas pipeline networks in North America. The company&#8217;s extensive midstream assets are critical for the transportation and storage of natural gas.</li>
<li>Diamondback Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NYSE">FANG</a>)&nbsp;An independent oil and natural gas company with significant operations in the Permian Basin.</li>
<li>ONEOK Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>)&nbsp;A leading midstream service provider, focusing on natural gas gathering, processing, storage, and transportation.</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)&nbsp;An integrated power company combining power generation, retail electricity, and natural gas-fired power plants.</li>
</ul>
Now Read: <a href="https://www.benzinga.com/markets/esg/24/05/39012013/noaa-meteorologists-predict-aggressive-hurricane-season-what-it-means-for-home-depot-generac-other-s">NOAA Meteorologists Predict Aggressive Hurricane Season: What It Means For Home Depot, Generac, Other Storm-Related Stocks</a>
Image by Ron Porter from Pixabay

WIIM

Cheniere Energy shares are trading higher after the company's Board approved a $4 billion increase to its repurchase program and plans to increase the Q3 dividend by 15% to $2 per share.

Dividends

Buybacks

Cheniere Energy Board Approves $4B Increase To Repurchase, Plans To Increase Q3 Dividend 15% To $2/Share

Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $195.0, a high estimate of $214.00, and a low estimate of $162.00. This current average has decreased by 4.65% from the previous average price target of $204.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1718650818_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The perception of Cheniere Energy by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jason Gabelman</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$185.00</td>
<td>$178.00</td>
</tr>
<tr>
<td>Jeremy Tonet</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$214.00</td>
<td>$213.00</td>
</tr>
<tr>
<td>Benjamin Nolan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$208.00</td>
<td>$204.00</td>
</tr>
<tr>
<td>Shneur Gershuni</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$206.00</td>
<td>$223.00</td>
</tr>
<tr>
<td>Peter Low</td>
<td>Redburn Atlantic</td>
<td>Announces</td>
<td>Neutral</td>
<td>$162.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cheniere Energy. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cheniere Energy compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Cheniere Energy's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/LNG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cheniere Energy analyst ratings.</a>
<h2>Unveiling the Story Behind Cheniere Energy</h2>
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.
<h3>Cheniere Energy's Financial Performance</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Challenges: Cheniere Energy's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -41.82%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Cheniere Energy's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 11.8%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Cheniere Energy's ROE stands out, surpassing industry averages. With an impressive ROE of 10.78%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Cheniere Energy's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.17%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a high debt-to-equity ratio of 6.69, Cheniere Energy faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Significance of Analyst Ratings Explained</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Cheniere Energy Through 5 Analysts

TD Cowen analyst Jason Gabelman maintains Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) with a Buy and raises the price target from $178 to $185.

Price Target

TD Cowen Maintains Buy on Cheniere Energy, Raises Price Target to $185

Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) has outperformed the market over the past 5 years by 5.57% on an annualized basis producing an average annual return of 18.71%. Currently, Cheniere Energy has a market capitalization of $36.34 billion. 
Buying $100 In LNG: If an investor had bought $100 of LNG stock 5 years ago, it would be worth $238.28 today based on a price of $158.75 for LNG at the time of writing.
<h3>Cheniere Energy's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718386218_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Cheniere Energy Stock In The Last 5 Years

The U.S. Energy Department&#39;s weekly inventory release showed that natural gas supplies increased more than expected. The bearish inventory numbers notwithstanding, futures settled with a week-over-week gain on signs of production pullback, resurgence of LNG exports and robust summer demand.
To be precise, the fuel reached a 21-week high on Friday, after gaining some 30% in May &mdash; its best monthly performance since July 2022 &mdash; supported by an improved macro backdrop. Despite the spike, the space remains highly susceptible to unpredictable weather patterns, impacting prices and market stability.
At this time, we advise investors to focus on stocks like Coterra Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ctra#NYSE">CTRA</a>) and Cheniere Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lng#NYSE">LNG</a>).
<h3>EIA Reports a Build Larger Than Market Expectations</h3>
Stockpiles held in underground storage in the lower 48 states rose 98 billion cubic feet (Bcf) for the week ended May 31, above the analyst guidance of a 90 Bcf addition. The increase compared with the five-year (2019-2023) average net injection of 103 Bcf and last year&#39;s growth of 105 Bcf for the reported week.
The latest increase puts total natural gas stocks at 2,893 Bcf, which is 373 Bcf (14.8%) above the 2023 level and 581 Bcf (25.1%) higher than the five-year average.
The total supply of natural gas averaged 105.1 Bcf per day, down 0.7 Bcf per day on a weekly basis, primarily due to a healthy pullback in dry production.
Meanwhile, daily consumption &mdash; at 95.5 Bcf &mdash; essentially remained unchanged from the previous week, as higher power and industrial generation were offset by a dip in residential/commercial usage and a decrease in Mexico exports.
<h3>Natural Gas Prices Still Finish Higher</h3>
Natural gas prices trended northward last week despite the higher-than-expected inventory build. Futures for July delivery ended Friday at $2.92 on the New York Mercantile Exchange, up some 12.8% from the previous week&#39;s closing. As a matter of fact, the commodity&#39;s resurgence over the past couple of months &mdash; 13% in April followed by 30% in May &mdash; wiped out all its deficit since the start of this year and is up more than 16% so far this year.
Investors should know that natural gas realization has been under pressure from strong production, elevated stockpiles and tepid weather-related demand. It&#39;s worth mentioning that the current inventory levels are well above the year-ago figure and the five-year average. The bearish sentiment surrounding the commodity even prompted shale producers Chesapeake Energy (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chk#NASDAQ">CHK</a>) and EQT Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eqt#NYSE">EQT</a>) to hit the brakes on new drilling.
Chesapeake announced a reduction in its drilling rigs to lower volume, with the Appalachian Basin-focused EQT following on. CHK has decided to curb the second quarter&#39;s gas production expectations by 400 million cubic feet per day (MMcf/d), doubling the previous curtailment announced in March. Separately, EQT &mdash; the largest domestic producer of natural gas &mdash; said that it will lower its daily output by 1 Bcf through May to combat the supply glut in the U.S. market. According to EQT, the revised plan will likely reduce full-year sales volume to 2,100-2,200 billion cubic feet equivalent (Bcfe) from 2,200-2,300 Bcfe earlier. It appears that these production cut announcements have been partly responsible for driving natural gas prices higher and galvanizing the market.&nbsp;
As is the norm with natural gas, changes in temperature and weather can lead to price swings. With low heating demand this winter, usage of the commodity to generate electricity took a hit. However, predictions of an impending heat wave in the near future should boost demand.&nbsp;
Moreover, there are signs of curtailment in U.S. production. According to energy services provider Baker Hughes, the U.S. natural gas rig count &mdash; a pointer to where production is headed &mdash; is down around 27% from last year to its lowest level since October 2021. Industry observers believe that this could set the stage for a pullback in near-term drilling and supplies.&nbsp;
Meanwhile, a stable demand catalyst in the form of continued strong LNG feedgas deliveries, is supporting natural gas. LNG shipments for export from the United States have been elevated of late, due to environmental reasons and Europe&#39;s endeavor to move away from its dependence on Russian natural gas supplies due to the war in Ukraine. At the same time, the increase in gas flows due to the full restart of the Freeport LNG export plant in Texas has translated into more of the commodity being loaded onto ships. A heatwave blanketing Southeast Asia has also led to a jump in power demand for air conditioning, increasing exports of the super-chilled fuel.
<h3>Final Thoughts</h3>
The upshot of all these factors &mdash; the natural gas market &mdash; despite improving, remains an oversupplied one. It endured a torrid 2023, briefly breaking below the $2 threshold for the first time since 2020. The situation was not much different in early 2024, with the fuel reaching a multi-year low near $1.48 in late March and struggling to sustain a rally over the psychological mark of $2. However, natural gas has staged quite the turnaround in a matter of weeks and looks to improve even further, given the favorable temperature and lower production outlook.
Nevertheless, based on several factors, the space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. As such, investors are advised to still exercise caution, and preferably hold on to fundamentally strong stocks like Coterra Energy and Cheniere Energy.
Coterra Energy: It is an independent upstream operator primarily engaged in the exploration, development and production of natural gas. Headquartered in Houston, TX, the firm owns some 183,000 net acres in the gas-producing Marcellus Shale of the Appalachian Basin. This Zacks Rank #3 (Hold) company churned out an average of 2,262.7 million cubic feet on a daily basis from these assets in 2023.
Coterra beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed in the other, the average being 9.8%. Valued at around $20.5 billion, CTRA has risen 12.3% in a year.
Cheniere Energy: Being the first company to receive regulatory approval to export LNG from its 2.6 billion cubic feet per day Sabine Pass terminal, Cheniere Energy enjoys a distinct competitive advantage.
Cheniere Energy beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two. This #3 Ranked natural gas exporter has a trailing four-quarter earnings surprise of roughly 58.9%, on average. LNG shares have moved up 8.5% in a year.
<a href="https://www.zacks.com/stock/news/2285884/reasons-behind-last-week-s-rally-in-natural-gas-prices?cid=CS-BENZ-FT-analyst_blog|industry_focus-2285884">To read this article on Zacks.com click here.</a>

Reasons Behind Last Week's Rally in Natural Gas Prices

Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) has outperformed the market over the past 15 years by 15.47% on an annualized basis producing an average annual return of 27.55%. Currently, Cheniere Energy has a market capitalization of $35.43 billion. 
Buying $100 In LNG: If an investor had bought $100 of LNG stock 15 years ago, it would be worth $3,774.76 today based on a price of $154.76 for LNG at the time of writing.
<h3>Cheniere Energy's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1717083021_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 15 Years Ago, You Would Have $3,800 Today

Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) has outperformed the market over the past 15 years by 15.7% on an annualized basis producing an average annual return of 28.27%. Currently, Cheniere Energy has a market capitalization of $36.61 billion. 
Buying $100 In LNG: If an investor had bought $100 of LNG stock 15 years ago, it would be worth $4,197.38 today based on a price of $159.92 for LNG at the time of writing.
<h3>Cheniere Energy's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716301850_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 15 Years Ago Would Be Worth $4,200 Today

The U.S. Energy Department&#39;s weekly inventory release showed that natural gas supplies increased less than expected. The positive inventory numbers, together with signs of production pullback and upcoming summer demand, buoyed natural gas futures, which settled with a healthy gain week over week.
Despite this spike, which saw natural gas hit its highest since January, the space remains highly susceptible to unpredictable weather patterns, impacting prices and market stability.
At this time, we advise investors to focus on stocks like Coterra Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ctra#NYSE">CTRA</a>) and Cheniere Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lng#NYSE">LNG</a>).
EIA Reports a Build Smaller Than Market Expectations
Stockpiles held in underground storage in the lower 48 states rose 70 billion cubic feet (Bcf) for the week ended May 10, below the guidance of a 76 Bcf addition, per a survey conducted by S&amp;P Global Commodity Insights. The increase compared with the five-year (2019-2023) average net injection of 90 Bcf and last year&#39;s growth of 93 Bcf for the reported week.
The latest increase puts total natural gas stocks at 2,633 Bcf, which is 421 Bcf (19%) above the 2023 level and 620 Bcf (30.8%) higher than the five-year average.
The total supply of natural gas averaged 104.5 Bcf per day, up 0.2 Bcf per day on a weekly basis due to higher dry production, partly offset by lower shipments from Canada.&nbsp;
Meanwhile, daily consumption fell to 94.5 Bcf from 95.5 Bcf in the previous week, mainly reflecting a drop in natural gas consumed for power generation.
<h3>Natural Gas Prices Finish Sharply Higher</h3>
Natural gas prices trended northward last week following the lower-than-expected inventory build. Futures for June delivery ended Friday at $2.49 on the New York Mercantile Exchange, up some 16.6% from the previous week&#39;s closing. As a matter of fact, the commodity&#39;s resurgence over the past few weeks wiped out all of its losses since the start of this year.&nbsp;
Investors should know that natural gas realization has been under pressure from strong production, elevated stockpiles and tepid weather-related demand. It&#39;s worth mentioning that the current inventory levels are well above the year-ago figure and the five-year average. The bearish sentiment surrounding the commodity even prompted shale producers Chesapeake Energy (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chk#NASDAQ">CHK</a>) and EQT Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eqt#NYSE">EQT</a>) to hit the brakes on new drilling.
Chesapeake announced a reduction in its drilling rigs so as to lower volume, with the Appalachian Basin-focused EQT following on. CHK has decided to curb the second quarter&#39;s gas production expectations by 400 million cubic feet per day (MMcf/d), doubling the previous curtailment announced in March. Separately, EQT &mdash; the largest domestic producer of natural gas &mdash; said that it will lower its daily output by 1 Bcf through May to combat the supply glut in the U.S. market. According to EQT, the revised plan will likely reduce full-year sales volume to 2,100-2,200 billion cubic feet equivalent (Bcfe) from 2,200-2,300 Bcfe earlier. It appears that these production cut announcements have been partly responsible in driving natural gas prices higher and galvanizing the market.&nbsp;
As is the norm with natural gas, changes in temperature and weather can lead to price swings. With low heating demand this winter, usage of the commodity to generate electricity took a hit. However, predictions of warmer-than-normal weather over most of the United States should boost demand.&nbsp;
Moreover, there are signs of curtailment in U.S. production. According to energy services provider Baker Hughes, the U.S. natural gas rig count &mdash; a pointer to where production is headed &mdash; is down around 27% from last year. Industry observers believe this could set the stage for a pullback in near-term drilling and supplies.
Meanwhile, a stable demand catalyst in the form of continued strong LNG feedgas deliveries, is supporting natural gas. As a matter of fact, LNG shipments for export from the United States have been elevated of late, due to environmental reasons and Europe&#39;s endeavor to move away from its dependence on Russian natural gas supplies due to the war in Ukraine. At the same time, the increase in gas flows due to the full restart of the Freeport LNG export plant in Texas has translated into more of the commodity being loaded onto ships. A heatwave blanketing Southeast Asia has also led to a jump in power demand for air conditioning, increasing exports of the super-chilled fuel.
<h3>Final Thoughts</h3>
The upshot of all these factors &mdash; the natural gas market &mdash; despite improving, remains an oversupplied one. As mentioned above, it endured a torrid year in 2023, briefly breaking below the $2 threshold for the first time since 2020. The situation was not much different in the early parts of 2024, with the fuel reaching a multi-year low near $1.48 in late March and struggling to sustain a rally over the psychological mark of $2. However, natural gas has staged quite the turnaround in a matter of weeks, and looks to improve even further given the favorable temperature outlook.
Nevertheless, based on several factors, the space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. As such, investors are advised to still exercise caution and preferably hold on to fundamentally strong stocks like Coterra Energy and Cheniere Energy.
Coterra Energy: It is an independent upstream operator primarily engaged in the exploration, development and production of natural gas. Headquartered in Houston, TX, the firm owns some 183,000 net acres in the gas-producing Marcellus Shale of the Appalachian Basin. This Zacks Rank #3 (Hold) company churned out an average of 2,262.7 million cubic feet on a daily basis from these assets in 2023.
Coterra beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed in the other, the average being 9.8%. Valued at around $21 billion, CTRA has risen 8.9% in a year.
Cheniere Energy: Being the first company to receive regulatory approval to export LNG from its 2.6 billion cubic feet per day Sabine Pass terminal, Cheniere Energy enjoys a distinct competitive advantage.
Cheniere Energy beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two. This #3 Ranked natural gas exporter has a trailing four-quarter earnings surprise of roughly 58.9%, on average. LNG shares have moved up 11.3% in a year.
<a href="https://www.zacks.com/stock/news/2276137/why-did-u-s-natural-gas-prices-move-up-16-6-last-week?cid=CS-BENZ-FT-analyst_blog|industry_focus-2276137">To read this article on Zacks.com click here.</a>

4 analysts have shared their evaluations of Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Cheniere Energy, revealing an average target of $197.5, a high estimate of $214.00, and a low estimate of $162.00. A decline of 7.42% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2024/1715965231_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Cheniere Energy among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeremy Tonet</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$214.00</td>
<td>$213.00</td>
</tr>
<tr>
<td>Benjamin Nolan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$208.00</td>
<td>$204.00</td>
</tr>
<tr>
<td>Shneur Gershuni</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$206.00</td>
<td>$223.00</td>
</tr>
<tr>
<td>Peter Low</td>
<td>Redburn Atlantic</td>
<td>Announces</td>
<td>Neutral</td>
<td>$162.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cheniere Energy. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Cheniere Energy compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Cheniere Energy's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Cheniere Energy's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LNG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cheniere Energy analyst ratings.</a>
<h2>About Cheniere Energy</h2>
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.
<h3>Cheniere Energy: A Financial Overview</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Challenges: Cheniere Energy's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -41.82%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: Cheniere Energy's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 11.8%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Cheniere Energy's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 10.78% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Cheniere Energy's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.17%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Cheniere Energy's debt-to-equity ratio is notably higher than the industry average. With a ratio of 6.69, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Deep Dive Into Cheniere Energy Stock: Analyst Perspectives (4 Ratings)

JP Morgan analyst Jeremy Tonet maintains Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) with a Overweight and raises the price target from $213 to $214.

JP Morgan Maintains Overweight on Cheniere Energy, Raises Price Target to $214

Former President Donald Trump has reportedly asked oil industry executives to contribute $1 billion to his campaign for the White House. This request, while controversial, is likely legal, according to industry experts.
What Happened: Trump made this request during a meeting with industry executives at his Palm Beach, Florida home last month, Politico <a href="https://www.politico.com/news/2024/05/09/trump-asks-oil-executives-campaign-finance-00157131">reported</a>, citing three people familiar with the conversation. 
The executives present represented companies like Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>), Continental Resources, EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>), and Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>), as well as the American Petroleum Institute, as per the report.
Trump&#8217;s request is seen as a reflection of the issues with the current campaign finance laws, according to Erin Chlopak, senior campaign finance director at the watchdog group Campaign Legal Center. 
Although the request is seen as &#8220;shocking,&#8221; it is unlikely to violate bribery laws as currently interpreted by the Supreme Court, as per Meredith McGehee, an independent expert on government ethics and campaign finance.
"The state of the law and the state of the enforcement agency is abysmal," McGehee said in an interview. "But this is a scandal, and the notion that our government works where candidates go to industry and promise government action in exchange for large amounts of money is an indictment of the system."
See Also: <a href="https://www.benzinga.com/news/23/10/35215410/trumps-son-in-law-jared-kushner-says-my-hope-and-prayers-are-for-former-presidents-reelection-in-202?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Son-In-Law Jared Kushner Says &#8216;My Hope And Prayers Are&#8217; For Former President&#8217;s Reelection In 2024</a>
Why It Matters: Trump&#8217;s request for campaign funding from oil executives comes amid a flurry of political activity. His son-in-law, Jared Kushner, is reportedly <a href="https://www.benzinga.com/news/24/05/38750997/trumps-son-in-law-back-in-political-arena-jared-kushner-reportedly-making-calls-to-potential-donors">actively promoting his potential re-election</a> and has been reaching out to donors to support the former president&#8217;s 2024 campaign.
Trump has also been using legal troubles as a <a href="https://www.benzinga.com/general/politics/24/05/38569790/trump-uses-gag-order-fines-as-fundraising-opportunity-they-want-to-silence-me-they-think-they-ca">fundraising opportunity</a>. After being fined $9,000 for violating a gag order in his criminal trial, Trump asked for financial help from supporters.
Trump&#8217;s request for campaign funding from oil executives also comes after he <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38736514/donald-trump-says-you-better-vote-for-him-if-youre-pro-crypto-but-has-he-always-been-fine-">publicly endorsed cryptocurrency</a> as a significant election issue, contrasting with President Joe Biden&#8216;s perceived unfamiliarity with the crypto world.
Trump&#8217;s request for campaign funding from oil executives also comes after a meeting with Elon Musk in Florida, where the former President <a href="https://www.benzinga.com/news/24/03/37786306/did-donald-trump-ask-elon-musk-for-money-in-florida-tesla-ceo-spills-the-beans-on-don-lemon-show-im">reportedly did most of the talking</a>. When asked if Trump asked him for money, Musk said &#8220;I&#8217;m not paying his legal bills.&#8221;
Read Next: <a href="https://www.benzinga.com/news/23/09/35016975/donald-trump-says-jimmy-carter-wasnt-a-great-president-while-roasting-joe-biden-darling-im-no-longer?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Says Carter &#8216;Wasn&#8217;t A Great President&#8217; While Roasting Biden</a>
Image Via Shutterstock 
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Engineered by Benzinga Neuro, Edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>
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The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Learn more.</a>
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Trump Reportedly Seeks $1B In Campaign Funds From Exxon Mobil, Chevron, Other Big Oil Execs: Expert Calls It 'Shocking' But Perfectly Legal

Stifel analyst Benjamin Nolan maintains Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) with a Buy and raises the price target from $204 to $208.

Stifel Maintains Buy on Cheniere Energy, Raises Price Target to $208

Cheniere Energy to raise dividend, boost planned stock buybacks

Cheniere Energy (LNG) has provided an update. Cheniere Energy, Inc. has announced updates to its long-term capital allocation plan on June 17, 2024...

Cheniere Energy Reveals Updates to Capital Allocation Plan

Goldman Sachs analyst John Mackay has reiterated their bullish stance on LNG stock, giving a Buy rating yesterday. John Mackay has given his Buy ra...

Cheniere Energy: Strong Capital Return Prospects and Positive Outlook Justify Buy Rating

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The World Bank has warned that <a href="https://www.theguardian.com/business/2024/apr/25/oil-price-could-exceed-100-a-barrel-if-middle-east-conflict-worsens-world-bank-warns">escalating tensions</a> in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. Even before the recent conflicts, commodity prices were stabilizing, complicating interest rate decisions for central banks. This environment suggests that top strong buy oil and gas stocks stand to benefit significantly.



If the crisis worsens, the Bank&rsquo;s forecast of crude prices averaging $84 a barrel this year may be too optimistic. The conflict could also increase natural gas, fertilizers and food prices, as a fifth of liquefied natural gas exports pass through the Strait of Hormuz.



With this bullish outlook, investors should consider three oil and gas stocks with strong buy ratings for June 2024. These companies may benefit from higher oil prices and have the potential for enhanced shareholder yield through dividends and stock buybacks.



Here&rsquo;s what should be on your watchlist.



<h2>Schlumberger Limited (SLB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/schlumberger_slb1600-300x169.jpg" alt="slb stock"><div>Source: Valentin Martynov / Shutterstock.com</div></div>Schlumberger (NYSE:<a href="https://investorplace.com/stock-quotes/slb-stock-quote/">SLB</a>) is one of the largest oilfield services companies in the world. It provides technology, integrated project management and information solutions to the oil and gas industry.



SLB&rsquo;s 2023 performance was robust, with significant growth in key metrics. The company reported revenue of $8.71 billion for Q1 2024, a 12.6% year-over-year increase. The Q1 EPS was $0.75, meeting analysts&rsquo; expectations. SLB saw strong international activity, especially in the Middle East and Asia, which drove revenue growth in its Reservoir Performance and Well Construction divisions.



2024 SLB <a href="https://investorcenter.slb.com/news-releases/news-release-details/slb-announces-first-quarter-2024-results">plans to return $7 billion</a> to shareholders for 2024-2025. Analysts <a href="https://simplywall.st/stocks/us/energy/nyse-slb/schlumberger/future">predict earnings growth</a> of 21.37% for the coming year, with EPS expected to rise from $3.51 to $4.26 per share. Revenue for 2024 is forecasted to increase by 13.43% to $37.59 billion from $33.14 billion in 2023.



Analysts maintain a &ldquo;strong buy&rdquo; rating for SLB, with a 12-month price target range between $53 and $81, suggesting an average upside of 54.73%



<h2>Shell (SHEL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/11/royal-dutch-shell-rds1600-300x169.jpg" alt="Shell logo on a gas station in Iceland. SHEL stock"><div>Source: JuliusKielaitis / Shutterstock.com</div></div>Analysts strongly recommend global oil and gas giant Shell (NYSE:<a href="https://investorplace.com/stock-quotes/shel-stock-quote/">SHEL</a>).



Shell reported strong financial performance in 2023. For the first quarter of 2024, the <a href="https://www.shell.com/investors/results-and-reporting/quarterly-results/latest-results.html">company posted revenue</a> of $8.71 billion, which aligned with analysts&rsquo; expectations. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for Q1 2024 were robust across its business segments. Production ranged between 960 and 1,000 barrels of oil equivalent per day (kboe/d), with LNG liquefaction volumes between 7.2 and 7 million tonnes (MT).



Foell plans to <a href="https://reports.shell.com/annual-report/2023/strategic-report/powering-progress-strategy/outlook-for-2024-and-beyond.html">maintain cash capital spending</a> in the range of $22-25 billion per year in 2024 and reduce structural costs by $2-3 billion by the end of 2025 compared with 2022.&nbsp;



Shell targets shareholder distributions of 30-40% of cash flow from operations through the cycle. These distributions may be returned to shareholders through dividends and share buybacks&#8203;.



<h2>Cheniere Energy (LNG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/cheniere_energy_lng1600-300x169.jpg" alt="LNG stock: the Cheniere logo displayed on a phone"><div>Source: IgorGolovniov / Shutterstock.com</div></div>Cheniere Energy (NYSE:<a href="https://investorplace.com/stock-quotes/lng-stock-quote/">LNG</a>) is a leading player in the liquefied natural gas (LNG) market, focusing on the development and operation of LNG facilities. The company owns and operates the Sabine Pass LNG terminal in Louisiana and the Corpus Christi LNG terminal in Texas. It is a major producer and exporter of LNG.



In the <a href="https://lngir.cheniere.com/news-events/press-releases/detail/298/cheniere-reports-first-quarter-2024-results-and-reconfirms">first quarter of 2024</a>, Cheniere reported revenues of $4.3 billion, down from $7.3 billion in Q1 2023. Despite this decrease, the company met analysts&rsquo; expectations, with net income reaching $0.5 billion. The company&rsquo;s Consolidated Adjusted EBITDA for Q1 2024 was $1.8 billion, and it generated a distributable cash flow of $1.2 billion



For the rest of 2024, Cheniere has set solid financial targets. The company plans to maintain cash capital expenditures between $1.5 billion and $1.8 billion. Cheniere also aims to achieve a Consolidated Adjusted EBITDA of approximately $7.8 billion to $8.3 billion. Additionally, the company has reaffirmed its distributable cash flow guidance at approximately $5.8 billion to $6.3 billion for the full year&#8203;.



On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/06/wall-street-favorites-3-oil-gas-stocks-with-strong-buy-ratings-for-june-2024/">Wall Street Favorites: 3 Oil &amp; Gas Stocks With Strong Buy Ratings for June 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.


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Cheniere Energy Inc

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