Cheniere Energy (NYSE:LNG) is a leading player in the liquefied natural gas (LNG) market, specializing in the storage and transportation of oil and gas. The company is headquartered in Houston, Texas, and has established itself as the largest U.S. LNG producer. Cheniere plays a crucial role in positioning the United States as the world's largest LNG exporter.
On March 18, 2025, Manav Gupta from UBS set a price target of $277 for Cheniere Energy, suggesting a potential upside of approximately 24% from its current trading price of $223.39. This optimistic outlook is supported by Cheniere's recent achievements, including the substantial completion of Train 1 at the Corpus Christi Stage 3 Liquefaction Project, which was completed ahead of schedule.
The completion of Train 1 allows Cheniere to begin recording financial results from LNG sales, further solidifying its status as a major player in the energy sector. This development is a key achievement for the Corpus Christi LNG export facility in Texas, boosting Cheniere's LNG output and enhancing its influence in the global LNG supply chain.
Cheniere has also secured approval from the Federal Energy Regulatory Commission (FERC) to expand its Corpus Christi LNG plant. This expansion includes the addition of two midscale liquefaction trains, which will increase the facility's capacity by 3 million metric tons per annum (mtpa), bringing the total to 18 mtpa. The Stage 3 expansion project is expected to further boost production by 10 mtpa once completed.
Currently, Cheniere's stock is priced at $223.04, reflecting a slight increase of 0.23% or $0.52. The stock has fluctuated between a low of $222.50 and a high of $228.17 today. With a market capitalization of approximately $49.89 billion and a trading volume of 1,133,354 shares, Cheniere Energy continues to demonstrate its growth potential in the LNG market.
