5 Best LNG and LNG Shipping Stocks To Buy Now

In this article, we discuss the 5 best LNG and LNG shipping stocks to buy now. If you want to read about some more LNG and LNG shipping stocks, go directly to the 11 Best LNG and LNG Shipping Stocks to Buy Now.

5. Cheniere Energy, Inc. (NYSE:LNG)

Number of Hedge Fund Holders: 58

Situated in Houston, Texas, Cheniere Energy, Inc. (NYSE:LNG) is actively involved in the LNG business and manages the Sabine Pass LNG terminal in Louisiana. On November 8, Cheniere Energy, Inc. (NYSE:LNG) stated that it anticipates that the inaugural LNG cargo from its Corpus Christi Liquefaction Stage 3 (CCL Stage 3) brownfield expansion project will depart by the end of 2024, surpassing the initially projected timeline.

Out of the 910 hedge funds in Insider Monkey’s database, 58 hedge funds had stakes in Cheniere Energy, Inc. (NYSE:LNG). The biggest hedge fund stakeholder of Cheniere Energy, Inc. (NYSE:LNG) was D E Shaw which owns a $222.3 million stake in the company.

TimesSquare U.S. Mid Cap Growth Strategy made the following comment about Cheniere Energy, Inc. (NYSE:LNG) in its Q4 2022 investor letter:

“Within Energy, Cheniere Energy, Inc. (NYSE:LNG) is an energy infrastructure company that operates liquefied natural gas (LNG) terminals in Louisiana and Texas. Despite reporting inline for the latest quarter, its stock traded down -9%. Contributing factors were Europe had filled its storage ahead of the winter and a recent dip in natural gas pricing. The market for LNG is likely to remain tight for the next several years. Notably, Cheniere paid down $1.3 billion of long-term debt and repurchased $75 million of common stock during the quarter. Cheniere is well positioned to benefit from ongoing tightness in global gas markets.”