Editor's Note: Related tickers: Cheniere Energy, Inc. (NYSEAMEX:LNG)
Cheniere Energy Rating Reiterated by TheStreet (LNG) (DailyPolitical) Cheniere Energy, Inc. (NYSEAMEX:LNG)'s stock had its “hold” rating reiterated by equities researchers at TheStreet in a research report issued on Thursday, Analyst Ratings Network reports. The analysts wrote, “Cheniere Energy, Inc. (NYSEAMEX:LNG) has been reiterated by TheStreet Ratings as a hold with a ratings score of C-. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and generally higher debt management risk.”
A Quick Look at Cheniere Energy's Leadership (DailyFinance) Many investors have become intrigued by the ongoing debate over liquefied natural gas, or LNG, exports. As far as stock market opportunities go, the only company in the U.S. with all the necessary approvals for such exports is Cheniere Energy, Inc. (NYSEAMEX:LNG). If you haven't been following the company, you may have some questions not only about Cheniere Energy, Inc. (NYSEAMEX:LNG) itself, but also about how it fits into the global LNG picture. That's why we created a premium report on the company, to help guide investors on whether or not Cheniere Energy, Inc. (NYSEAMEX:LNG) merits consideration for their portfolios.
Cheniere Energy names new exec (BizJournals) Houston-based Cheniere Energy, Inc. (NYSEAMEX:LNG) board of directors named a new executive on June 15. Davis Thames, who previously served as senior vice president of marketing, was appointed as senior vice president and chief financial officer. Prior to serving as senior vice president of marketing, Thames served as senior vice president and CFO. Houston Business Journal previously reported Charif Souki, chairman, CEO and co-founder of Houston-based liquefied natural gas exporter Cheniere Energy, Inc. (NYSEAMEX:LNG) saw the biggest pay bump in 2012 among Houston's 125 largest public companies. In 2012, Souki made 813 percent more than he did the year before. That put his total compensation for the year at $57.5 million, driven by a stock awards value of $49 million.
New energy secretary pledges LNG export decision soon (BizJournals) Decisions on whether to approve more natural gas imports are “absolutely” in the works this year, new Energy Secretary Ernest Moniz told federal lawmakers on Thursday, according to a story by The Hill. Moniz told members of the House Energy and Commerce Committee that his team is preparing to evaluate the docket of permit requests on a case-by-case basis. Just before Moniz was confirmed to lead the energy agency, a conditional permit was granted to Houston-based Freeport LNG Expansion LP to export natural gas to countries that don’t have a free trade agreement with the U.S.