Jefferies Ups Cheniere (LNG) Price Target Amid Expansion Strategy


Cheniere Energy, Inc. (NYSE:LNG) is one of Goldman Sachs’ top energy stock picks. On June 26, Jefferies raised its price target on Cheniere Energy (NYSE:LNG) from $282 to $288, reaffirming a Buy rating. The revision came after Cheniere’s final investment decision to expand its Corpus Christi Liquefaction facility with Trains 8 and 9.

Jefferies Ups Cheniere (LNG) Price Target Amid Expansion Strategy
Jefferies Ups Cheniere (LNG) Price Target Amid Expansion Strategy

An aerial view of a natural gas compressor station, its engines and piping stretching for miles.

The $52.6 billion LNG company plans to invest over $25 billion this decade, targeting 75 million tonnes per annum (mtpa) in production capacity—with the potential to hit 100 mtpa—while simultaneously reducing debt and boosting shareholder returns. Jefferies highlighted strong investor response to this well-rounded growth strategy.

Cheniere Energy, Inc. (NYSE:LNG) is a leading producer and exporter of liquefied natural gas (LNG) in the United States and a major global player in the LNG market. They are a full-service LNG provider involved in gas procurement, liquefaction, vessel chartering, and LNG delivery.

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READ NEXT: 10 Best AI Stocks to Buy According to Billionaire David Tepper and 10 Stocks Analysts Are Upgrading Today.

Disclosure: None.



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