5 LNG Stocks to Watch Amid Ukraine Crisis

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

Number of Hedge Fund Holders: 52      

Cheniere Energy, Inc. (NYSE:LNG) is a Texas-based energy infrastructure firm with a large stake in the LNG business. As Russia invades Ukraine, the prices of energy in Europe have climbed more than 30% as the threat of sanctions pushes countries away from Russian gas exports towards more expensive alternatives. Cheniere Energy, Inc. (NYSE:LNG) is expected to be one of the biggest beneficiaries of this crisis. 

Hedge funds have been loading up on Cheniere Energy, Inc. (NYSE:LNG) stock as well. At the end of the fourth quarter of 2021, 52 hedge funds in the database of Insider Monkey held stakes worth $3.3 billion in Cheniere Energy, Inc. (NYSE:LNG), up from 49 in the previous quarter worth $3.1 billion.

In its Q3 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Cheniere Energy, Inc. (NYSE:LNG) was one of them. Here is what the fund said:

“Cheniere Energy is an energy infrastructure company that owns and operates U.S. liquefied natural gas (LNG) export facilities. Strong quarterly results and the disclosure of capital allocation policies were positively received by the markets. In addition, continued supply and demand tightness in the LNG market created a favorable commodity price environment.”