Natural gas exporter Cheniere Energy, Inc. (LNG) is set to report first-quarter results on May 3. With shares pulling back in 2024 amid the fuel’s weakness, is the company a buy?Let’s check that right now.Company DescriptionHouston, TX-based Cheniere Energy Inc. is primarily engaged in businesses related to liquefied natural gas (or LNG). 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 certainly enjoys a disti ...

Core Viewpoint - Cheniere Energy (LNG) is anticipated to report a year-over-year decline in earnings due to lower revenues, with the earnings report expected on May 3, 2024, which could significantly influence its stock price depending on whether the results meet or exceed expectations [1][2]. Financial Expectations - The consensus estimate for Cheniere Energy's quarterly earnings is $2.34 per share, reflecting a year-over-year decrease of 66% [2]. - Expected revenues for the quarter are $4.16 billion, down 43% from the same quarter last year [2]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.26%, indicating a reassessment by analysts [2]. - The Most Accurate Estimate for Cheniere Energy is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +7.02%, suggesting a bullish outlook from analysts [5][6]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [4]. - Cheniere Energy's current Zacks Rank is 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [5][6]. Historical Performance - In the last reported quarter, Cheniere Energy had an earnings surprise of +113.33%, posting earnings of $5.76 per share against an expectation of $2.70 [7]. - Over the past four quarters, the company has surpassed consensus EPS estimates three times [7]. Industry Context - Murphy Oil (MUR), another player in the oil and gas sector, is expected to report earnings of $0.87 per share, indicating a year-over-year decline of 29.8%, with revenues expected at $736.41 million, down 12.5% [9]. - Murphy Oil's consensus EPS estimate has been revised up by 18.1% over the last 30 days, but it currently has an Earnings ESP of -3.59%, making it difficult to predict an earnings beat [9].

In the latest trading session, Cheniere Energy (LNG) closed at $158.85, marking a +0.5% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.74% for the day. Meanwhile, the Dow lost 0.01%, and the Nasdaq, a tech-heavy index, added 1.68%.Coming into today, shares of the natural gas company had gained 0.78% in the past month. In that same time, the Oils-Energy sector gained 8.96%, while the S&P 500 gained 0.8%.The investment community will be closely monitoring the per ...

Cheniere Energy (LNG) ended the recent trading session at $156.76, demonstrating a +1.12% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 1.11% for the day. At the same time, the Dow added 0.8%, and the tech-heavy Nasdaq gained 1.24%.Shares of the natural gas company witnessed a gain of 0.53% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 10.33% and outperforming the S&P 500's gain of 0.48%.The investment ...

Cheniere Energy (LNG) closed at $156.83 in the latest trading session, marking a +0.27% move from the prior day. This move outpaced the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a rise of 0.1%, and the technology-dominated Nasdaq saw a decrease of 0.54%.The natural gas company's shares have seen a decrease of 0.68% over the last month, not keeping up with the Oils-Energy sector's gain of 3.8% and the S&P 500's gain of 3.18%.The upcoming earnings release of Cheniere Energy will be of grea ...

Suphanat KhumsapIntroduction It's time to do two things: talk about a fantastic wealth compounder that has returned 16.3% per year since January of 2004, and one of the most important macroeconomic/geopolitical topics: liquified natural gas, often referred to as LNG. That company is Cheniere Energy (NYSE:LNG), which has the same ticker as the abbreviation for liquified natural gas. While investors have been through a few major stock price corrections, the stock has been one of the best performers in the ...

Cheniere Energy Inc. (LNG) reported fourth-quarter 2023 adjusted profit of $5.76 per share, which outpaced the Zacks Consensus Estimate of $2.70. This outperformance can be primarily attributed to a year-over-year decrease in costs and expenses. The bottom line, however, deteriorated from the year-ago quarter’s level of $15.78.Revenues totaled $4.8 billion, which beat the Zacks Consensus Estimate of $4.5 billion. This can be attributed to the year-over-year increase in cargo shipped and a surge in volumes. ...

Cheniere Energy, Inc. Fourth Quarter and Full Year 2023 Safe Harbor Statements Forward-Looking Statements This presentation contains certain statements that are, or may be deemed to be, “forward-looking • statements regarding our planned development and construction of additional Trains or pipelines, including statements”withinthemeaningofSection27AoftheSecuritiesActof1933,asamended,andSection thefinancingofsuchTrainsorpipelines; 21E of the Securities Exchange Act of 1934, as amended. All statements, other ...

Cheniere Energy, Inc. (NYSE:LNG) Q4 2023 Earnings Conference Call February 22, 2024 11:00 AM ET Company Participants Randy Bhatia - Vice President, Investor Relations Jack Fusco - President and CEO Anatol Feygin - Executive Vice President and CCO Zach Davis - Executive Vice President and CFO Conference Call Participants John Mackay - Goldman Sachs Jeremy Tonet - JPMorgan Brian Reynolds - UBS Theresa Chen - Barclays Spiro Dounis - Citi Tristan Richardson - Scotiabank Ben Nolan - Stifel Operator Good day. And ...

Cheniere Energy (LNG) came out with quarterly earnings of $5.76 per share, beating the Zacks Consensus Estimate of $2.70 per share. This compares to earnings of $15.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 113.33%. A quarter ago, it was expected that this natural gas company would post earnings of $2.55 per share when it actually produced earnings of $2.37, delivering a surprise of -7.06%.Over the last four quarters, ...