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
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.