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LNG News: Cheniere Energy, Inc. (LNG) CEO Charif Souki, Chevron Corporation (CVX) Pays $12M for Closed Store, Clean Energy Fuels Corp (CLNE) Deals

Editor’s Note: Cheniere Energy, Inc. (NYSEMKT:LNG), Chevron Corporation (NYSE:CVX), Clean Energy Fuels Corp (NASDAQ:CLNE)

Insider Selling: Charif Souki Dumps 30,000 Shares of Cheniere Energy Stock (LNG) (Mideast Time)
Cheniere Energy, Inc. (NYSEMKT:LNG) CEO Charif Souki unloaded 30,000 shares of the stock in a transaction that occured on Thursday, August 1st. The shares were sold at an average price of $29.05, for a total transaction of $871,500.00. Following the transaction, the chief executive officer now directly owns 7,484,745 shares in the company. The transaction was disclosed in a document filed with the SEC. Several analysts have recently commented on the stock. Analysts at TheStreet reiterated a “hold” rating on shares of Cheniere Energy, Inc. (NYSEMKT:LNG) in a research note to investors on Tuesday, July 9th.

Chevron Corporation (NYSE:CVX)Chevron pays $12M for closed Kmart store (Pittsburgh Business Times)
We have another sign that Chevron Corporation (NYSE:CVX) is closing in on pursuing a new office campus in Moon Township. This one comes with an eight-figure investment. The company paid $12 million for the property, which totals 22.5 acres and the empty store that closed in June. Real estate records indicate that Chevron has closed on buying a former Kmart store in Moon expected to be key to the company’s plans here.

Clean Energy Inks Fleet, Fuel Site Deals (Transport Topics Online)
Clean Energy Fuels Corp (NASDAQ:CLNE) announced a trio of deals aimed at expanding the reach and use of natural gas fuel. The company specializes in building out natural-gas fueling infrastructure. The company said that it has signed a fueling agreement with Fox Transportation, which plans to deploy more than 100 compressed natural gas medium-duty trucks in the next few months, Clean Energy said. Fox’s trucks will fuel up at Clean Energy Fuels Corp (NASDAQ:CLNE) stations throughout Southern California.

Downside play in Cheniere Energy (optionMONSTER Research)
A large put trade dominates today’s option activity in Cheniere Energy, Inc. (NYSEMKT:LNG). optionMONSTER’s Depth Charge system shows that a trader sold 5,000 September 22 puts for the bid price of $0.22 against previous open interest of more than 10,000. At the same time, he or she bought 5,000 January 21 puts for their ask price of $0.64 in volume that was more than 12 times the open interest at that strike, so this is a new position.

Chevron Fined $2 Million For Refinery Fire (Mintpress News)
The multinational Chevron Corporation (NYSE:CVX) has been fined $2 million after accepting a plea bargain following an August 2012 fire at a Richmond, Calif. refinery that sent 15,000 people to the hospital with complaints of breathing problems. Chevron attorneys pleaded no contest to six charges, accepting the terms, which includes 3 1/2 years of probation, $1.28 million in fines and more than $720,000 in restitution payments to three different agencies, according to reports by The Reporter newspaper.

Clean Energy Fuels Corp. (CLNE) Announces Quarterly Earnings, Beats Estimates By $0.04 EPS (Mideast Time)
Clean Energy Fuels Corp (NASDAQ:CLNE) released its earnings data on Thursday. The company reported ($0.13) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.17) by $0.04, AnalystRatingsNetwork.com reports. The company had revenue of $88.10 million for the quarter, compared to the consensus estimate of $87.23 million. During the same quarter last year, the company posted ($0.16) earnings per share. Clean Energy Fuels Corp (NASDAQ:CLNE)’s revenue was up 26.2% compared to the same quarter last year.

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