Bornite Capital Management LP Boosts Stake in Cheniere Energy, Inc. $LNG

Bornite Capital Management LP increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 176.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 163,060 shares of the energy company’s stock after purchasing an additional 104,160 shares during the period. Cheniere Energy makes up approximately 4.9% of Bornite Capital Management LP’s investment portfolio, making the stock its 10th largest holding. Bornite Capital Management LP owned about 0.08% of Cheniere Energy worth $38,973,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Cheniere Energy during the 4th quarter worth about $731,774,000. Bank of New York Mellon Corp acquired a new stake in shares of Cheniere Energy in the 2nd quarter valued at approximately $502,015,000. Wellington Management Group LLP raised its position in shares of Cheniere Energy by 210.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,444,403 shares of the energy company’s stock valued at $584,237,000 after acquiring an additional 1,656,194 shares during the period. Marshall Wace LLP boosted its stake in Cheniere Energy by 555.0% during the 4th quarter. Marshall Wace LLP now owns 810,138 shares of the energy company’s stock worth $157,483,000 after acquiring an additional 686,459 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp boosted its stake in Cheniere Energy by 6,513.7% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 564,742 shares of the energy company’s stock worth $160,251,000 after acquiring an additional 556,203 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

Shares of NYSE LNG opened at $293.98 on Wednesday. The firm has a market cap of $60.72 billion and a PE ratio of 21.89. The company has a current ratio of 0.87, a quick ratio of 0.72 and a debt-to-equity ratio of 1.97. Cheniere Energy, Inc. has a 1-year low of $186.20 and a 1-year high of $300.89. The company has a fifty day moving average price of $262.66 and a 200 day moving average price of $254.50.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.11 by ($0.09). The firm had revenue of $5.73 billion during the quarter, compared to analyst estimates of $4.92 billion. Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The business’s revenue for the quarter was up 23.5% compared to the same quarter last year. During the same period in the prior year, the business earned $7.30 EPS. Research analysts predict that Cheniere Energy, Inc. will post 16.36 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 18th. Investors of record on Monday, August 10th were given a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Cheniere Energy’s dividend payout ratio (DPR) is currently 16.53%.

Key Headlines Impacting Cheniere Energy

Here are the key news stories impacting Cheniere Energy this week:

• Positive Sentiment: Major capacity expansion completed: Cheniere received the seventh and final liquefaction train from contractor Bechtel. The project adds more than 10 million tonnes per annum (mtpa) of LNG capacity, raising the company’s total production capacity to approximately 56 mtpa—an increase of more than 20%. The additional capacity should support higher future volumes and strengthen Cheniere’s long-term growth outlook. Cheniere completes CCL Stage 3 liquefaction project in Texas
• Positive Sentiment: Expanded global LNG reach and operating milestone: Alongside the project completion, Cheniere produced and exported its 5,000th LNG cargo from the U.S. Gulf Coast. The milestone highlights the scale of its export platform and may reinforce investor confidence in the company’s ability to serve international LNG demand. Cheniere exports 5,000th LNG cargo
• Positive Sentiment: Direct market reaction was favorable: Reports attributed the stock’s rise to the Texas expansion announcement, with the completed project viewed as improving Cheniere’s production outlook and increasing its ability to generate revenue from LNG exports. Cheniere Energy shares rise after Texas LNG expansion completion

Wall Street Analysts Forecast Growth

Several brokerages have commented on LNG. TD Cowen upped their target price on shares of Cheniere Energy from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. Wall Street Zen raised shares of Cheniere Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Barclays upped their price objective on shares of Cheniere Energy from $274.00 to $279.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Wolfe Research reiterated an “outperform” rating and set a $300.00 target price on shares of Cheniere Energy in a report on Tuesday, June 2nd. Finally, Zacks Research cut Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $304.35.

Cheniere Energy Profile

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.