Why Cheniere Energy (LNG) is a Good Addition to Your Portfolio

Cheniere Energy, Inc. (NYSE:LNG) is included among the 12 Best LNG Stocks to Buy According to Hedge Funds.

Cheniere Energy, Inc. is the largest producer of LNG in the United States and the second-largest LNG operator in the world. The company operates two LNG facilities along the US Gulf Coast and sells roughly 90% of its LNG to foreign buyers under long-term, fixed-fee contracts, providing it with a predictable stream of cash flow.

Cheniere Energy, Inc. plans to double its current LNG production to 90 million mtpa by building more export facilities at Sabine Pass and Corpus Christi. The company has also recently added 1 mtpa of LNG capacity by increasing efficiencies at its plants.

Cheniere Energy, Inc. expects to deploy more than $25 billion of available cash towards accretive growth, share repurchases, balance sheet management, and dividends through 2030. This is consistent with Cheniere’s aim to generate more than $25 per share of distributable cash flow by the early 2030s.

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