Cheniere Energy, Inc. Stock Was Bought By Options Traders

 Cheniere Energy, Inc. Stock Was Bought By Options Traders

In today’s session Cheniere Energy, Inc. (LNG) registered an unusually high (786) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious LNG increase. With 786 contracts traded and 15984 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: LNG161216C00047500 closed last at: $0.72 or 11.1% down. About 721,660 shares traded hands. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 8.22% since March 14, 2016 and is uptrending. It has outperformed by 2.61% the S&P500.

Analysts await Cheniere Energy, Inc. (NYSEMKT:LNG) to report earnings on November, 4. They expect $-0.26 EPS, up 80.15% or $1.05 from last year’s $-1.31 per share. After $-0.68 actual EPS reported by Cheniere Energy, Inc. for the previous quarter, Wall Street now forecasts -61.76% EPS growth.

Cheniere Energy, Inc. (NYSEMKT:LNG) Ratings Coverage

Out of 8 analysts covering Cheniere Energy Inc (NYSEMKT:LNG), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. Cheniere Energy Inc has been the topic of 12 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was initiated on Wednesday, May 11 by Bernstein. Credit Suisse initiated it with “Outperform” rating and $86 target price in Wednesday, August 5 report. The firm has “Buy” rating by Goldman Sachs given on Tuesday, February 23. The firm has “Sector Outperform” rating by Howard Weil given on Tuesday, June 14. The firm earned “Overweight” rating on Tuesday, September 6 by Barclays Capital. The stock has “Overweight” rating given by Barclays Capital on Monday, October 12. The company was initiated on Thursday, July 23 by Global Hunter Securities. The rating was upgraded by Citigroup on Wednesday, January 13 to “Buy”.

According to Zacks Investment Research, “Cheniere Energy, Inc. is a Houston-based energy company primarily engaged in liquefied natural gas related businesses. The company owns and operates the Sabine Pass liquefied natural gas terminal in Louisiana through its 57.9% ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Ticker: CQP), which is a publicly traded partnership that the company created in 2007. The Sabine Pass LNG terminal is located on the Sabine Pass deep water shipping channel less than four miles from the Gulf Coast.”

Insitutional Activity: The institutional sentiment decreased to 0.89 in 2016 Q2. Its down 0.31, from 1.2 in 2016Q1. The ratio fall, as 40 funds sold all Cheniere Energy, Inc. shares owned while 110 reduced positions. 40 funds bought stakes while 93 increased positions. They now own 206.38 million shares or 6.90% less from 221.68 million shares in 2016Q1.
Guardian has 0% invested in the company for 13,314 shares. Glg Prtn L P accumulated 34,192 shares or 0.04% of the stock. Massmutual Tru Fsb Adv accumulated 151 shares or 0% of the stock. Hennessy holds 1.94% or 1.71 million shares in its portfolio. Advent Ma, a Massachusetts-based fund reported 35,165 shares. Osborne Prtnrs Mgmt Ltd Co last reported 67,417 shares in the company. Central Fincl Bank And has invested 0.01% of its portfolio in Cheniere Energy, Inc. (NYSEMKT:LNG). Legal And General Gp Public Ltd Company last reported 940,273 shares in the company. Linscomb And Williams Inc accumulated 75,950 shares or 0.29% of the stock. Profund Advsr Ltd Llc reported 15,539 shares or 0.03% of all its holdings. Millennium Mngmt Limited Liability holds 0.1% of its portfolio in Cheniere Energy, Inc. (NYSEMKT:LNG) for 1.20 million shares. State Of Wisconsin Invest Board accumulated 201,220 shares or 0.03% of the stock. Strs Ohio, a Ohio-based fund reported 4,640 shares. Westwood Hldg Inc has 13,083 shares for 0% of their US portfolio. Gabelli Funds Limited Liability owns 120,000 shares or 0.03% of their US portfolio.

Insider Transactions: Since May 16, 2016, the stock had 5 insider buys, and 4 selling transactions for $5.70 million net activity. Shares for $1.50 million were bought by Fusco Jack A. $350,400 worth of shares were sold by Rayford Greg W. on Monday, May 16. BRANDOLINI NUNO had sold 8,999 shares worth $408,019 on Friday, August 19. $405,339 worth of Cheniere Energy, Inc. (NYSEMKT:LNG) shares were sold by BOTTA G ANDREA. 1,500 Cheniere Energy, Inc. (NYSEMKT:LNG) shares with value of $67,438 were sold by Wortley Michael J.

Cheniere Energy, Inc. is an energy company primarily engaged in liquefied natural gas related businesses. The company has a market cap of $9.43 billion. The Firm operates through two divisions: LNG terminal business and LNG and natural gas marketing business The Firm owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. It currently has negative earnings. The Firm owns approximately 100% of the general partner interest in Cheniere Partners and over 80% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability firm that owns approximately 56% limited partner interest in Cheniere Partners.

LNG Company Profile

Cheniere Energy, Inc., incorporated on March 25, 1983, is an energy firm primarily engaged in liquefied natural gas (LNG) related businesses. The Firm operates through two divisions: LNG terminal business and LNG and natural gas marketing business The Firm owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. The Firm owns approximately 100% of the general partner interest in Cheniere Partners and over 80% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability firm that owns approximately 56% limited partner interest in Cheniere Partners.

More recent Cheniere Energy, Inc. (NYSEMKT:LNG) news were published by: Prnewswire.com which released: “Cheniere Energy, Inc. Announces New Executive Leadership Team” on September 19, 2016. Also Prnewswire.com published the news titled: “Cheniere Energy, Inc. Announces Timing of Third Quarter Earnings Release and …” on October 07, 2016. Prnewswire.com‘s news article titled: “Cheniere Energy, Inc. Makes Offer to Acquire Cheniere Energy Partners LP …” with publication date: September 30, 2016 was also an interesting one.

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