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Sunday, December 3, 2023

There’s No Getting Around Cheniere Energy Inc. (AMEX: LNG) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Cheniere Energy Inc. (LNG) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $1.06, or 0.63%, to $169.69. The Cheniere Energy Inc. has recorded 24,246 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Cheniere Increases Quarterly Dividend.

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Stocks Info

LNG belongs to the Energy sector of the AMEX while operating in the Oil & Gas Midstream industry. At the end of the last regular session, the stock closed at $168.63 and fluctuated between $170.67 as its day high and $166.54 as its day low. The current market capitalization of Cheniere Energy Inc. is $40.58B. A total of 1.4 million shares were traded on the day, compared to an average of 1.39M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, LNG has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 12,915 shares. Over the last 12 months, there were 23 BUYs and 55 SELLs from insiders. Insiders purchased 194,457 shares during that period but sold 307,032.

In the most recent transaction, BAILEY VICKY A sold 2,700 shares of LNG for 141.50 per share on Jan 03. After the transaction, the Director now owns 33,862 company shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Cheniere Energy Inc. pays an annual dividend of $1.65, resulting in a dividend yield of 0.98%, and it has a price to earnings (P/E) ratio of 4.97.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for LNG in the last 3 months, the mean price target is $200.39 with high estimates of $236.00 and low estimates of $185.00. In terms of 52-week highs and lows, LNG has a high of $182.35 and a low of $135.00.

As of this writing, LNG has an earnings estimate of $2.5 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $4.98 per share and a lower estimate of $1.83. The company reported an EPS of $22.1 in the last quarter, which was 300.40% higher than expectations of $5.52.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. LNG’s latest balance sheet shows that the firm has $1.40B in Cash & Short Term Investments as of fiscal 2021. There were $31.95B in debt and $4.69B in liabilities at the time. Its Book Value Per Share was $11.91, while its Total Shareholder’s Equity was -$33.00M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LNG is Buy with a score of 4.88.

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