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
Digital transformation is changing the face of business. The IDC predicts that enterprises will commit to a massive new scale of digital transformation, to stake out leadership positions in the "digital transformation economy." Accordingly, attendees at the upcoming Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA, Oct 31-Nov 2, will find fresh new content in a new track called Enterprise Cloud & Digital Transformation.
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
Though cloud is the future of enterprise computing, a smooth transition of legacy applications and systems is critical for seamless business operations. IT professionals are eager to start leveraging the cost, scale and other benefits of cloud, but with massive investments already in place in existing infrastructure and a number of compliance and resource hurdles, it can be challenging to move to a cloud-based infrastructure.
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, will discuss how given the magnitude of today's applicati...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
Amazon is pursuing new markets and disrupting industries at an incredible pace. Almost every industry seems to be in its crosshairs. Companies and industries that once thought they were safe are now worried about being “Amazoned.”. The new watch word should be “Be afraid. Be very afraid.” In his session 21st Cloud Expo, Chris Kocher, a co-founder of Grey Heron, will address questions such as: What new areas is Amazon disrupting? How are they doing this? Where are they likely to go? What are th...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant th...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-security...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, will go over the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, applicatio...
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
Microsoft Azure Container Services can be used for container deployment in a variety of ways including support for Orchestrators like Kubernetes, Docker Swarm and Mesos. However, the abstraction for app development that support application self-healing, scaling and so on may not be at the right level. Helm and Draft makes this a lot easier. In this primarily demo-driven session at @DevOpsSummit at 21st Cloud Expo, Raghavan "Rags" Srinivas, a Cloud Solutions Architect/Evangelist at Microsoft, wi...
Containers are rapidly finding their way into enterprise data centers, but change is difficult. How do enterprises transform their architecture with technologies like containers without losing the reliable components of their current solutions? In his session at @DevOpsSummit at 21st Cloud Expo, Tony Campbell, Director, Educational Services at CoreOS, will explore the challenges organizations are facing today as they move to containers and go over how Kubernetes applications can deploy with lega...
SYS-CON Events announced today that Avere Systems, a leading provider of hybrid cloud enablement solutions, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere Systems was created by file systems experts determined to reinvent storage by changing the way enterprises thought about and bought storage resources. With decades of experience behind the company’s founders, Avere got its ...