LNG Stock Summary and Trading Ideas (Cheniere Energy | NYSE:LNG)

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.

Cheniere Energy trades on the NYSE stock market under the symbol LNG.

As of December 13, 2024, LNG stock price declined to $213.06 with 1,045,286 million shares trading.

LNG has a beta of 0.10, meaning it tends to be less sensitive to market movements. LNG has a correlation of 0.00 to the broad based SPY ETF.

LNG has a market cap of $47.80 billion. This is considered a Large Cap stock.

Last quarter Cheniere Energy reported $4 billion in Revenue and $3.93 earnings per share. This beat revenue expectation by $33 million and exceeded earnings estimates by $2.03.

In the last 3 years, LNG traded as high as $228.10 and as low as $97.85.

The top ETF exchange traded funds that LNG belongs to (by Net Assets): VTI, VO, VXF, VTV, VOE.

LNG has underperformed the market in the last year with a price return of +26.6% while the SPY ETF gained +29.9%. However, in the short term, LNG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +19.3% vs +7.8% return in SPY. But in the last 2 weeks, LNG shares have been beat by the market, returning -4.9% compared to an SPY return of +0.3%.

LNG support price is $211.57 and resistance is $217.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LNG shares will trade within this expected range on the day.