NYSE:LNG - New York Stock Exchange, Inc. - US16411R2085 - Common Stock - Currency: USD
Cheniere Energy beat EPS estimates for Q4 2024, despite a drop in year-over-year revenue and profits.
Net income attributable to Cheniere declined 29% to $977 million. The decrease was primarily attributable to approximately $599 million of unfavorable variances related to changes in the fair value of derivative instruments.
Stocks of North American natural gas exporters are trimming a three-year rally as the White House seeks a swift resolution to the war in Ukraine. Analysts say those companies could suffer even more if sanctions on Russian gas are lifted, adding new competition in their key markets.
Mentions: CQP
The incoming president is expected to sign 100 executive orders or more on his first day in office.
LNG is expected to boom in 2025, and these companies are best positioned to benefit from it. They make money off the volume and return capital to shareholders.
Occidental Petroleum and natural gas plays EQT and Cheniere Energy are rising as crude oil and natural gas prices climb.
Mentions: GTLS