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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cheniere Energy Inc | NYSE:LNG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.10 | -0.05% | 181.93 | 182.40 | 180.86 | 181.65 | 1,277,365 | 00:50:35 |
Access to the full company reports can be found at:
www.FiveStarEquities.com/LINE
www.FiveStarEquities.com/LNG
The U.S. is set to have the hottest year on record. Natural gas prices have rallied sharply as utility companies have been using more natural gas to generate the electricity needed to power air conditioners across the U.S. Since reaching a decade low in April prices have soared 62 percent, largely in part of the hot summer weather.
Prices also received a boost last Thursday after the Energy Information Administration reported that natural gas supplies increased by 24 billion cubic feet. According to analysts' surveyed by Platts supplies were expected to rise between 27 million bcf and 31 million bcf.
Five Star Equities releases regular market updates on the Natural Gas Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
LINN Energy has grown from a handful of natural gas wells in 2003 to a top-10 independent U.S. E&P company with approximately 5.1 Tcfe of proved reserves (pro forma for acquisitions announced in 2012) in producing U.S. basins as of Dec. 31, 2011. During the second quarter the company increased average daily production 76 percent to 630 MMcfe/d, compared to 358 MMcfe/d in the second-quarter 2011.
Cheniere Energy is a Houston-based energy company primarily engaged in LNG-related businesses. The company recently announced it has given Bechtel Oil, Gas and Chemicals, Inc. a full notice to proceed to construct the first two liquefaction trains of the Sabine Pass liquefaction project. "The Sabine Pass LNG terminal will become the first facility in the contiguous U.S. capable of exporting natural gas as LNG. Two years after announcing our plans to develop the liquefaction facility, we will begin construction." said Charif Souki, Chairman and CEO.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer
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