Cheniere Energy's Corpus Christi Expansion Gets FERC Approval [Yahoo! Finance]
Cheniere Energy, Inc. (LNG)
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Source: Yahoo! Finance
advance its Corpus Christi Stage 3 liquefaction expansion project. The Federal Energy Regulatory Commission (“FERC”) has given the green light for Cheniere to start introducing natural gas into the project's fuel and hot oil systems. This approval marks an important step toward Cheniere's goal of beginning initial liquefied natural gas (“LNG”) production from Stage 3 by the end of 2024. The Corpus Christi Stage 3 project in Texas is a significant investment, involving the construction of seven new gas-processing units. When completed, this expansion will increase Cheniere's LNG production capacity by about 10 million metric tons per year. This boost in production will allow Cheniere to better meet the rising global demand for LNG, especially as nations shift toward cleaner energy options. FERC's approval also highlights the role of natural gas in today's energy mix. As a cleaner alternative to other fossil fuels, natural gas is increasingly seen as a bridge to a future with more r
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News
- The Ultimate Energy Stock to Buy With $10,000 Right Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- Cheniere Energy, Inc. (NYSE: LNG) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $234.00 to $261.00. They now have a "buy" rating on the stock.MarketBeat
- Cheniere Energy, Inc. (NYSE: LNG) had its price target raised by analysts at Wells Fargo & Company from $213.00 to $235.00. They now have an "overweight" rating on the stock.MarketBeat
- Cheniere Energy (NYSE:LNG) shareholders are still up 260% over 5 years despite pulling back 4.0% in the past week [Yahoo! Finance]Yahoo! Finance
- Here's What Boosted Cheniere Energy (LNG) By 3% [Yahoo! Finance]Yahoo! Finance
LNG
Earnings
- 10/31/24 - Beat
LNG
Sec Filings
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- LNG's page on the SEC website