Welcome!

News Feed Item

Earnings Analysis and Research - Cheniere Energy

Editor Note: For more information about this release, please scroll to bottom

LONDON, August 11, 2014 /PRNewswire/ --

Investor-Edge.com has issued free post-earnings analysis and research on Cheniere Energy Inc. (NYSE MKT: LNG) as the company announced its earnings results on Thursday, July 31, 2014. Despite a $468,000 year-over-year absolute increase in the total revenue, Cheniere Energy Inc.'s net loss attributable to common stockholders widened $47.16 million year-over-year during the second quarter 2014. Our free coverage report can be accessed at:

http://www.investor-edge.com/register

Earnings Overview   

The Company's result included significant items related to liquefied natural gas terminal development expense, derivative losses, and loss on early extinguishment of debt, worth $189.8 million in the reported quarter and $236.6 million during the first half of 2014. Previously, the company reported significant items of $7.1 million in the second quarter 2013 and $41.6 million in the first six months of 2013. During the second quarter of 2014, the company's general and administrative expense fell sharply to $67.72 million from $135.08 million in prior year period, due to the timing of awards under bonus plans relating to the Sabine Pass Liquefaction Project. The free research on LNG can be downloaded as in PDF format at:

http://www.Investor-Edge.com/LNGFreeReport

Cheniere Energy Inc. is developing six natural gas liquefaction trains in collaboration with Cheniere Partners at the Sabine Pass Liquefaction Project. These trains are in various stages of development, and each of these has nominal production capacity of approximately 4.5 million tonnes per annum (mpta). Meanwhile, Corpus Christi Liquefaction, LLC, a wholly owned subsidiary of Cheniere Energy Inc. has entered into Sale and Purchase Agreements (SPA) for commercial supply of liquefied natural gas from Corpus Christi Liquefaction Project. The subsidiary till the date of release has entered into SPAs aggregating approx.6.9 mtpa of liquefied natural gas volumes commencing with Trains 1 and 2 and 0.77 mtpa from Train 3.

The oil and gas producing and transporting company's total revenue stood at $67.65 million, above $67.18 million reported in second quarter of 2013 and outperforming consensus estimate of $66.43 million. Cheniere Energy Inc. reported net loss attributable to common stockholders of $201.93 million, or $0.90 loss per basic and diluted share, extending the net loss of $154.76 million, or $0.71 loss per basic and diluted share reported in the prior year quarter. Analysts at Bloomberg expected net loss of $103.00 million, or $0.41 loss per basic and diluted share. In the first six months of 2014, the Houston-based energy company's net loss attributable to common stockholders stood at $299.7 million, or $1.34 loss per basic and diluted share, compared to a loss of $271.9 million, or $1.26 loss per basic and diluted share, during the first half of 2013. Sign up and read the free analyst's notes on LNG at:

http://www.Investor-Edge.com/LNG-11082014

Stock Performance    

On Friday, August 01, 2014, Cheniere Energy Inc.'s shares fell 0.79% to end the session at $70.20 following the prior day earnings release. However, on the last close, Friday, August 08, 2014, the stock edged 0.35% higher to close at $70.72. The stock vacillated between $70.06 and $70.97 during the session. A total of 1.53 million shares were traded, which was below its three months average volume of 2.61 million shares. Over the previous three trading sessions and over the last three months, the company's shares have advanced 0.34% and 27.52%, respectively. Further, from the beginning of 2014, the stock has gained 64.01%. Cheniere Energy Inc.'s shares are trading above their 50-day and 200-day moving averages of $70.29 and $53.70, respectively. The stock has a Relative Strength Index (RSI) of 47.38. Visit Investor-Edge and access the latest research on LNG at:

http://www.Investor-Edge.com/LNGEarningsCoverage

Sneak Peek to Corporate Insider Trading  

In the last one month, four insiders sold a total of 77,000 shares of Cheniere Energy Inc., worth $5.48 million at an average price of $71.10 a share. On July 15, 2014, Executive Vice President, Asset Group, R. Keith Teague offloaded 25,000 shares, while Greg W. Rayford, Senior Vice President and General Counsel sold 12,000 Cheniere Energy's shares. Charif Souki, Cheniere Energy Inc.'s Chairman disposed 30,000 shares on August 01, 2014. Whereas on August 04, 2014, Director, John Deutch sold 10,000 shares. Complimentary in-depth research on LNG is available at:

http://www.Investor-Edge.com/LNGInsiderTrading

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
As enterprise cloud becomes the norm, businesses and government programs must address compounded regulatory compliance related to data privacy and information protection. The most recent, Controlled Unclassified Information and the EU’s GDPR have board level implications and companies still struggle with demonstrating due diligence. Developers and DevOps leaders, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by in...
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...