Cheniere Energy (LNG) Upgraded as Market Turns Overly Bearish on LNG

Group 1 - Cheniere Energy, Inc. (NYSE:LNG) has one of the lowest forward PE ratios among stocks, with Jefferies reducing its price target from $290 to $251 while maintaining a Buy rating ahead of the fourth-quarter earnings report [1] - Wolfe Research upgraded Cheniere from Peer Perform to Outperform, setting a price target of $220, following a previous downgrade due to competitor Woodside's investment decision on its LNG project [2] - Wolfe Research noted that around 70 mtpa (10 bcf/d) of export project formal investment decisions were made in 2025, suggesting a potential oversupply in the market by the end of the decade, but believes that the negative news is already priced in as many major U.S. projects have progressed [3] Group 2 - Cheniere Energy is a U.S.-based producer and exporter of liquefied natural gas, supplying LNG to utilities, energy traders, and integrated energy companies globally [3]