Cheniere Energy, Inc. (NYSEMKT:LNG) a Buy: BTIG

In a research note issued to investors, William Frohnhoefer at BTIG Reiterated their Buy rating on Cheniere Energy, Inc. (NYSEMKT:LNG). The analyst placed a $100.00 price target on the stock which indicates a 33.30% upside to the last closing price. In the year following Frohnhoefer’s ratings, the stocks covered yield an average return of 28.9% according to In the past year 11 out of 18 recommendations or 61% were successful.

Cheniere Energy Inc. (NYSEMKT:LNG) shares opened the most recent trading session at 74.37 and at the time of writing the last Bid was at 74.03. In the current trading session the stock reached as high as 74.84 and dipped down to 72.92. Cheniere Energy, , a AMEX listed company, has a current market cap of 16.606B and on average over the past 3 months has seen 3367370 shares trade hands on a daily basis.

On a technical level the stock has a 50 Day Moving Average of 72.0582. Based on a recent trade, this puts the equity at +2.74% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -12.91% away from it’s 52-week high of 85.00 and +55.43% away from the stock’s low point over the past 52 weeks, which was 47.63. On a consensus basis, analysts have a one year target price of 86.67. The company last reported earnings per share of -2.35.

The consensus analyst estimates according to First Call for the next quarter is -0.26. The current year EPS estimate on the stock is -1.77 and the EPS estimate for next year sits at -1.10. In looking at the fundamentals, LNG has a P/E ratio of N/A and a price to book ratio of N/A. The company’s Book Value is -0.677 and most recently reported EBITDA of -247.4M. The price compared to next year’s EPS estimate in the current year is N/A.

Company Profile

Cheniere Energy, Inc. (LNG) is engaged in liquid natural gas LNG-related businesses. The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its 59.5% ownership interest in and management agreements with Cheniere Energy Partners, L.P. The Company also also own and operate the Creole Trail Pipeline, which interconnects the Sabine Pass LNG terminal with natural gas markets in North America. Approximately one-half of the receiving capacity at the Sabine Pass LNG terminal is contracted to two multinational energy companies. The Sabine Pass LNG terminal has regasification facilities owned by Cheniere Partners’ wholly owned subsidiary, Sabine Pass LNG, L.P. (Sabine Pass LNG) with capacity of approximately 16.9billions of cubic feet equivalent. Cheniere Partners is developing natural gas liquefaction facilities (the Liquefaction Project) at the Sabine Pass LNG terminal adjacent to the existing regasification facilities.