FINWIRES · TerminalLIVE
FINWIRES

$LNG

22 stories mentioning LNG

Every FINWIRES story that references LNG, newest first.

Wire

RBC Highlights Preferred Midstream Names as Earnings Season Approaches

BP's midstream benchmark fell 1.6% over the week ended June 11, but still delivered a 16.4% gain so far this year, outperforming the S&P 500's 8.0% advance, RBC Capital Markets said Friday.The sector also outperformed utilities by 1,314 basis points and real estate investment trusts by 160 basis points this year, although it lagged oilfield services by 3,319 basis points and exploration and production companies by 1,306 basis points, RBC said.Commodity prices weakened during the week, with front-month West Texas Intermediate crude dropping about 6% to roughly $88 per barrel and Henry Hub natural gas falling about 7.5% to $3.09 per million British thermal units, according to RBC.Archrock (AROC) led performance among RBC-covered companies with a 3.7% gain, supported by continued strength in the compression market, while Sunoco (SUN) fell 4.4% as investors likely locked in profits, the firm said.C-corporations gained 0.1%, outperforming master limited partnerships, which declined 1.6%.RBC estimates its coverage universe trades at an average 2027 enterprise value-to-adjusted EBITDA multiple of 10.0x and expects midstream stocks to remain sensitive to Iran-related developments that influence commodity prices.The firm said companies with greater perceived commodity exposure, including Targa Resources (TRGP), ONEOK (OKE), and Kinetik Holdings (KNTK), as well as liquefied natural gas-focused names such as Venture Global (VG) and Cheniere Energy (LNG), could react most sharply to geopolitical headlines.Kinder Morgan will kick off the second-quarter earnings season for RBC's coverage universe on July 22. RBC expects management to discuss geopolitical and macroeconomic conditions, stronger export activity, commodity-price support, and growth opportunities across its project pipeline.Among its preferred investments, RBC highlighted Cheniere Energy, citing 95% contracted cash flows through 2035, a $10 billion share repurchase program, and a target to increase dividends by 10% annually through 2030.RBC said Sunoco can build on operational momentum through 2027, benefiting from stronger refining margins at Burnaby, synergies from the Parkland acquisition, and an additional $500 million bolt-on acquisition strategy.The firm also favors Targa Resources, citing customer-backed expansion projects, exposure to leading Permian Basin acreage, and rising gas-to-oil ratios that could support natural gas growth even if crude production levels off.For Williams Companies (WMB), RBC sees growing electricity demand and natural gas consumption creating opportunities for high-return projects tied to Transco expansions and power-related infrastructure through 2030 and beyond.Williams is targeting adjusted EBITDA compound annual growth of more than 10% through 2030, including roughly 9% growth from Haynesville-related projects, while maintaining a balance sheet capable of supporting further expansion, RBC said.Price: $36.67, Change: $+0.59, Percent Change: +1.65%

$AROC$KMI$KNTK$LNG$OKE$SUN$TRGP$VG$WMB
Commodities

Market Chatter: US Feedgas Flows Rebound Rapidly at Cheniere's Texas LNG Export Facility

US LNG exporter Cheniere Energy's (LNG) Corpus Christi facility in Texas significantly boosted its natural gas intake Thursday, rebounding rapidly from a brief technical outage that temporarily shut down six midscale expansion trains, Reuters reported Thursday.According to data compiled by financial firm LSEG, the amount of feedgas flowing into the massive South Texas export facility was projected to rise sharply to 2.61 billion cubic feet per day on Thursday.This marks a notable jump from the 2.14 bcfd recorded on Wednesday, and sits well above the prior seven-day running average of 1.81 bcfd.The recovery follows an unexpected operational disruption on Wednesday morning. In a formal filing submitted to Texas environmental regulators, Cheniere disclosed that it was forced to shut down Midscale Stage 3 Trains 1 through 6.If these pipeline metrics hold, the Thursday intake will represent the plant's highest daily volume of feedgas since January 31, when flows touched an all-time record high of 2.64 bcfd, the report said.The company did not respond torequest for comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$LNG
Commodities

US Natural Gas Update: Futures Soften on Large Storage Build, Cooler Forecasts

US natural gas futures extended losses Thursday, falling to a two-week low in after-hours trade after government data showed a larger-than-expected increase in domestic gas inventories.The front-month Henry Hub contract and the continuous front-month benchmark each fell 3.14% to settle at $3.085 per million British thermal units.The US Energy Information Administration reported a 108-billion-cubic-foot storage injection for the week ended June 5.The build exceeded market expectations and the five-year average injection of 95 Bcf, widening the storage surplus relative to the five-year benchmark to 151 Bcf while leaving inventories roughly in line with year-earlier levels.Pinebrook Energy Advisors said the injection was the largest weekly build of the season so far and suggested natural gas consumption was weaker than preliminary estimates had indicated, potentially reflecting stronger-than-expected wind and solar power generation.They added that while Thursday and Friday are still projected to be the warmest days of the season so far on a population-weighted basis, forecasts indicate temperatures will return closer to seasonal norms after the near-term peak.Barchart, citing The Commodity Weather Group, also said later forecasts were trending cooler, with below-average temperatures expected across the Upper Midwest through June 15.Barchart, citing BNEF data, reported Lower 48 gas demand was estimated at 70.3 Bcf per day, down 2.3 Bcf from Wednesday but up 1.8% from the same period last year. Celsius Energy said power burn on late Thursday was 29 Bcf, up 1.9 Bcf from the day before and up 3.2 Bcf over year-ago levels.The Edison Electric Institute reported Wednesday that US Lower 48 electricity generation for the week ended June 6 rose 2.13% from a year earlier to 83,866 gigawatt-hours. Electricity output over the 52 weeks ended June 6 increased 2.25% over the year to 4,341,775 GWh.The Edison Electric Institute said Wednesday that US Lower 48 electricity generation rose 2.13% over the year to 83.9 terawatt-hours for the week ended June 6. Electricity output over the 52-week period increased 2.25% to 4,341.8 TWh.On the supply side, BNEF data showed Lower 48 dry gas production was 111.3 Bcf/d on Thursday, up 2.2 Bcf from the previous day and 3.2% higher than a year earlier.Estimated net flows to US LNG export terminals reached 18.7 Bcf/d on Thursday, up 0.1 Bcf from the prior day and 9.5% higher week over week.Meanwhile, Cheniere Energy's (LNG) Corpus Christi LNG facility was on track to receive 2.61 Bcf/d of natural gas on Thursday after a temporary shutdown affected part of the plant, Reuters reported, citing LSEG data.

$LNG
Commodities

Update: Market Chatter: Cheniere's Corpus Christi LNG Gas Intake Rebounds to 2.61 Bcf/d After Midscale Train Shutdown

(Updated with comments from Cheniere's spokesperson in the 8th paragraph.)Cheniere Energy's (LNG) Corpus Christi LNG plant was on track to receive 2.61 billion cubic feet per day of natural gas Thursday after a temporary shutdown affected part of the facility, Reuters reported Thursday, citing LSEG data.High LNG rundown pressure prompted the company to take Midscale Stage 3 Trains 1 to 6 offline on Wednesday morning, Cheniere said in a filing with Texas environmental regulators.LSEG data showed gas flows to the export plant recovering to 2.61 Bcf/d on Thursday from 2.14 Bcf/d on Wednesday, exceeding the recent seven-day average of 1.81 Bcf/d.The projected intake would come close to the facility's record daily volume of 2.64 Bcf/d reached on Jan. 31, according to LSEG data.Spring maintenance activity has weighed on feedgas demand since the beginning of June, leaving volumes below typical operating levels, the report added citing analysts and traders.Corpus Christi can convert roughly 3.5 Bcf/d of natural gas into LNG when all processing units operate at full capacity.The Texas facility includes three large liquefaction trains capable of processing 0.8 Bcf/d each, along with seven midscale trains rated at 0.2 Bcf/d, either operating or under construction.A Cheniere spokesperson said the firm did not comment on day-to-day operations in response to' request.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $241.15, Change: $-0.66, Percent Change: -0.27%

$LNG
Commodities

Market Chatter: Cheniere's Corpus Christi LNG Gas Intake Rebounds to 2.61 Bcf/d After Midscale Train Shutdown

Cheniere Energy's (LNG) Corpus Christi LNG plant was on track to receive 2.61 billion cubic feet per day of natural gas Thursday after a temporary shutdown affected part of the facility, Reuters reported Thursday, citing LSEG data.High LNG rundown pressure prompted the company to take Midscale Stage 3 Trains 1 to 6 offline on Wednesday morning, Cheniere said in a filing with Texas environmental regulators.LSEG data showed gas flows to the export plant recovering to 2.61 Bcf/d on Thursday from 2.14 Bcf/d on Wednesday, exceeding the recent seven-day average of 1.81 Bcf/d.The projected intake would come close to the facility's record daily volume of 2.64 Bcf/d reached on Jan. 31, according to LSEG data.Spring maintenance activity has weighed on feedgas demand since the beginning of June, leaving volumes below typical operating levels, the report added citing analysts and traders.Corpus Christi can convert roughly 3.5 Bcf/d of natural gas into LNG when all processing units operate at full capacity.The Texas facility includes three large liquefaction trains capable of processing 0.8 Bcf/d each, along with seven midscale trains rated at 0.2 Bcf/d, either operating or under construction.Cheniere didn't immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $243.70, Change: $+1.89, Percent Change: +0.78%

$LNG
Commodities

US Gas Market Seen Tightening into 2027, Potential Oversupply in 2028, TPH Says

US natural gas markets are projected to remain a key focus for investors assessing tightening near-term fundamentals before a shift toward oversupply later in the decade, according to TPH Energy Research in a Tuesday note.Matt Portillo, analyst at TPH, said that end-of-summer 2027 gas balances will reach 4.1 trillion cubic feet, with investors increasingly focused on when to position for longer-dated holdings beyond 2028.TPH said the outlook reflects a market still supported by regional constraints and rising demand before new supply and infrastructure changes alter the trajectory.Regional pricing dynamics remain in focus, including Permian-driven growth, Waha basis spreads in 2027, and medium-term balance trends at Agua Dulce. Portillo also noted emerging structural concerns at Gillis beyond 2028 as demand-supply imbalances deepen.TPH said global gas markets could tip into oversupply by 2028, with implications for global pricing trends over the next decade. The bank sees European benchmark TTF prices potentially easing toward $6-7 per million British thermal units over time.Simultaneously, Gulf Coast supply constraints are expected to support Henry Hub prices, potentially narrowing the arbitrage between US and global gas markets by 2029.On the upstream side, investor interest centered on Antero Resources (AR), EQT Corporation (EQT), Expand Energy (EXE), Range Resources (RRC), BKV Corporation (BKV) and Comstock Resources (CRK).Midstream companies, including DT Midstream (DTM), TC Energy, Williams Companies (WMB, Energy Transfer (ET), Kinder Morgan (KMI), Cheniere Energy (LNG), and Venture Global (VG), were also widely discussed.TPH said this underscores expectations that LNG export growth and pipeline bottlenecks will remain central to market direction over the next several years.Price: $34.72, Change: $-0.80, Percent Change: -2.25%

$AR$BKV$CRK$DTM$EQT$ET$EXE$KMI$LNG$RRC$VG$WMB
Commodities

Cheniere Advances Corpus Christi Expansion Amid Tightening LNG Outlook, RBC Says

Cheniere Energy (LNG) is moving closer to a final investment decision on its Corpus Christi LNG expansion after issuing a limited notice to proceed on Phase 1 of its Sabine Pass Liquefaction expansion project, RBC Capital Markets strategists said in a note on Wednesday.RBC analysts said the move on the SPL Train 7 expansion was slightly ahead of investor expectations, noting that the engineering, procurement, and construction agreement with Bechtel effectively locks in pricing of about $4.68 billion for over 6 million tons per annum of capacity.The analysts said most of the cost reflects labor, consistent with the project's brownfield nature.Cheniere is targeting permit approvals by the end of 2026, with FID expected in early 2027. The energy firm said the expansion is already commercially complete, with permitting remaining the main gating item.On contracting, Cheniere said it has not yet fully commercialized Corpus Christi Train 4 but continues to see a constructive environment for long-term LNG agreements.The company said counterparties are seeking shorter-term supply in the near term due to geopolitical disruptions, while maintaining interest in longer-term portfolio diversification.RBC said Cheniere's management also reiterated a positive view on global LNG fundamentals, arguing that current TTF pricing does not fully reflect supply constraints and demand shifts, including delays to Qatar's North Field expansion and temporary outages at QatarEnergy facilities.Cheniere said the disruptions have pushed expectations of LNG oversupply out by one to two years as demand continues to absorb incremental capacity.The US LNG producer said it remains well positioned as one of the few regions capable of adding meaningful new global liquefaction capacity.On capital allocation, RBC said Cheniere management prefers share buybacks over significant dividend increases, citing greater flexibility and the potential for opportunistic repurchases.Price: $238.75, Change: $+3.38, Percent Change: +1.43%

$LNG
Commodities

Market Chatter: US-Based Venture Global, Thai Firm PTT Accelerate LNG Supply Deal Amid Qatari Gas Supply Disruptions

US liquefied natural gas company Venture Global (VG) and Thailand's state-owned PTT are accelerating a new long-term supply deal for US LNG, as Qatari supplies remain disrupted following attacks linked to the US-Iran war, Reuters reported Tuesday, citing sources.has reached out to the companies to seek further details, including the volumes involved and the duration of the contract.QatarEnergy CEO Saad al-Kaabi said in March that repairs on LNG facilities in Ras Laffan Industrial City could take three to five years, with infrastructure damage curbing 17% of the company's export capacity. Qatar was the world's second-largest LNG exporter after the US.Thailand has started diversifying its gas supplies, even before the onset of the US-Iran war, to displace coal for power generation.PTT, last year entered into a cooperation agreement with Glenfarne Alaska for the procurement of 2 million metric tons per annum of LNG over a 20-year term. Glenfarne has not yet taken a final investment decision on the project.In January, Thai company Gulf Development signed a 15-year sales and purchase agreement with French utility Engie, for 800,000 tons per annum of LNG supply.In March, US LNG exporter Cheniere Energy (LNG) reportedly said it had maximized operational capacity to serve higher demand in Asia following the US-Iran war, according to Reuters. The company was working to expedite completion of two trains at its Corpus Christi plant in Texas.Thailand was also reportedly seeking LNG supplies from Malaysia through a shared resource zone, the Malaysia-Thailand Joint Development Area, as supplies from the Middle East dwindled.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$LNG$VG
Oil & Energy

Crude, NGL Firms See Firmer Q2 Outlook on Exports, Pricing Tailwinds, TPH Says

Midstream energy companies focusing on natural gas liquids and crude logistics are heading into Q2 on a constructive note, buoyed by robust volume growth, elevated commodity prices, and soaring exports, TPH Energy Research strategists said in a note on Wednesday.TPH Energy Research strategists said the observations were based on industry interactions at the Energy Infrastructure Council conference.AJ O'Donnell, analyst at TPH Energy, said a key driver for the optimistic outlook is the strengthening of liquefied petroleum gas and NGL export fundamentals.O'Donnell said midstream executives said rising engagement with global buyers, especially from Asia, who are increasingly prioritizing supply diversity and security.The soaring demand comes as the market grapples with the impact of prolonged shipping disruptions in the Strait of Hormuz, a critical global energy chokepoint. The urgent demand for alternative supply routes has shifted the industry's focus toward infrastructure expansions.TPH said while several new export dock projects are already scheduled to come online over the next few years, executives are focused on the "next wave" of capacity expansions and additional brownfield opportunities.Targa Resources (TRGP) is seeing significant optionality at its Galena Park asset, with potential expansions expected to deliver improving economics as fixed costs are spread across a larger throughput base.The energy firm noted that incremental expansions at the site would yield progressively stronger economics as fixed operational costs are distributed across a larger volume base.Optimism also extended into the crude logistics sector, where Plains All American Pipeline (PAA) is re-evaluating its strategic footprint.Following its recent divestiture of certain NGL assets, the energy firm's management is focusing heavily on organic growth opportunities across its extensive pipeline network connecting the Permian Basin to the US Gulf Coast.Meanwhile, US midstream infrastructure firms are witnessing a robust pipeline of natural gas and power-related projects alongside strengthening demand trends across North America.Kinder Morgan (KMI) is advancing its Gulf Coast Express expansion project, which is expected to come online this quarter, while also progressing its Tennessee Gas Pipeline expansion, originally sized at about 500 million cubic feet per day.Trident Energy also continues to scale its development portfolio, targeting 1.5 billion cubic feet per day of capacity in 2027 and a further 0.5 Bcf/d in 2028, with major contract awards expected to begin in late 2027.DT Midstream (DTM) reported rising Northeast US demand, with its management pointing to about 7.5 Bcf/d of largely utility-scale demand, and noting potential upside from emerging modular power requirements.TPH Energy strategists said the energy firm also highlighted the flexibility of its Midwest Incremental Supply Transportation project, which can source gas from both the Northeast and western supply basins via interconnected pipeline networks.Energy Transfer (ET) said it continues to see strong demand across its system, particularly in the Permian Basin and around Abilene, Texas, where it is positioning itself as a key provider of redundancy and integrated gas services.The company also noted uncertainty around uncontracted "behind-the-pipe" gas volumes, though such volumes remain contractually protected in the near term.On the gas distribution side, Kodiak Gas Services (KGS) plans to grow its base business by 3% to 4% while expanding its power build-out ambitions, citing a 2-gigawatt development pipeline, supported by equipment-sourcing capacity and continued inbound interest in additional megawatt-scale projects.Meanwhile, Cheniere Energy (LNG) continues to advance its Corpus Christi and Sabine Pass liquefaction expansions, Van Everen said, with sufficient commercial agreements in place to support much of the two-train development.Once completed, the projects are expected to add about 6 million metric tons per annum of LNG capacity, with the firm targeting long-term contracted levels near historical averages of about 90%.Elsewhere, Excelerate Energy (EE) pointed to project opportunities in Jamaica, Vietnam and India, as the company looks to deploy floating LNG infrastructure to support emerging gas import markets.Price: $33.66, Change: $-0.65, Percent Change: -1.89%

$DTM$EE$ET$KGS$KMI$LNG$PAA$TRGP
Research

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Cheniere Energy

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target of $304, cut $1, reflects relative valuation and DCF models. We apply an 11.5x multiple of enterprise value to projected 2027 EBITDA, above Cheniere's historical forward average, which we see as reasonable given the very real concern over interrupted natural gas cargoes out of Qatar, a key competitor of Cheniere's. On this basis, we estimate a value of $280 per share. Meanwhile, our DCF model, using medium-term FCF growth of 6% per year, terminal growth of 2.5%, and discounted at a WACC of 6.8%, yields a value of $334 per share. We raise our 2026 EPS estimate by $4.42 to $18.90 and our 2027 EPS estimate by $1.90 to $16.19. The Strait of Hormuz remains a massive energy bottleneck, and physical damage to Qatar's LNG export capabilities creates a window of opportunity for Cheniere. Cheniere has limited spot exposure in 2026, but this may encourage more long-term deals with Cheniere if it is seen as a more reliable supplier.

$LNG
Commodities

Market Chatter: US LNG Cargoes Sail to China for 1st Direct Deliveries Since February 2025

Three US liquefied natural gas cargoes are sailing to China, marking the first direct shipments between the countries in more than a year, according to a Reuters analysis on Tuesday, citing LSEG data.LSEG shipping data showed the vessels departed LNG export terminals in Louisiana last week and are scheduled to reach Tianjin between June 15 and June 20.The planned deliveries come as US President Donald Trump prepares to travel to Beijing this week for talks with Chinese President Xi Jinping.Since Trump returned to office in January 2025, no LNG vessel has shipped directly from the US to China because trade tensions pushed buyers to redirect cargoes elsewhere, the analysis said.Chinese importers holding contracts with US LNG producers sold many shipments to other countries over the past year as stronger global prices created profitable resale opportunities.The analysis cited EBW Analytics, which said China has relied more heavily on pipeline gas supplies from Russia and Central Asia rather than increasing purchases of US LNG.Columbia University researcher Erica Downs said lower inventories could encourage China to buy more LNG from the US, although cheaper pipeline imports and domestic gas production remain more attractive options."Beijing likely views the United States as an unreliable trade partner," Downs said.Umm Al Hanaya departed Cheniere Energy's (LNG) Sabine Pass export terminal on May 5, while Al Sailiya and Id'Asah left Venture Global's Plaquemines facility on May 8, the analysis added, citing LSEG data.If the vessels reach China, they would mark the first direct US LNG shipments to arrive since February 2025, when four cargoes reached Chinese ports before President Donald Trump began his second term.The US Department of Energy said two LNG vessels delivered small portions of US cargoes to China in 2025 and 2026 after unloading most of their shipments in Bangladesh.US DOE added 64 LNG vessels delivered cargoes to China from the US in 2024, compared with 52 in 2023, 30 in 2022 and a record 131 shipments in 2021, according to the analysis.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$LNG
Sectors

Sector Update: Energy Stocks Slide Late Afternoon

Energy stocks declined late Thursday afternoon, with the NYSE Energy Sector Index dropping 1.9% and the State Street Energy Select Sector SPDR ETF (XLE) falling 1.8%.The Philadelphia Oil Service Sector Index lost 2.5%, and the Dow Jones US Utilities Index shed 1.5%.In sector news, Iran has created a government agency to vet and tax vessels seeking passage through the Strait of Hormuz, the Associated Press reported, citing Lloyd's List Intelligence. Tehran is reviewing the latest US proposals for ending the war.West Texas Intermediate crude oil rose 1.5% to $96.53 a barrel, and global benchmark Brent gained 0.8% at $102.11 a barrel. Henry Hub natural gas futures rose 1.6% to $2.77 per 1 million BTU.US natural gas stocks rose 63 billion cubic feet in the week ended Friday, smaller than the 72 billion rise expected in a Bloomberg survey and following the gain of 79 billion in the previous week.In corporate news, BKV (BKV) shares fell 2.5% after it reported Q1 adjusted earnings Thursday of $0.22 per diluted share, down from $0.44 a year earlier. An analyst polled by FactSet expected $0.36.Cheniere Energy (LNG) shares dropped nearly 4% after the company reported a Q1 loss of $16.65 per diluted share, swinging from earnings of $1.57 a year earlier.Shell (SHEL) shares fell 3.5% after the company reported lower-than-expected Q1 revenue.Tenaris (TS) shares slumped 5.3% after the company said Q2 sales will be affected by lower shipments in the Middle East. Tenaris also named Gabriel Podskubka CEO.

$BKV$LNG$SHEL$TS
Commodities

Cheniere Energy Q1 LNG Exports Hit Record 187 Cargoes

Cheniere Energy reported Q1 earnings Thursday, showing that 187 LNG cargoes were exported, bringing total liquefaction project output to 688 trillion British thermal units, compared to 608 TBtu for the same period a year ago.The energy firm said cumulative production from its liquefaction assets exceeded 4,760 LNG cargoes as of May 1, equivalent to over 325 million tons exported since inception.Cheniere Energy also reported that 60 TBtu of LNG sold on a delivered basis was in transit as of Mar. 31, including 1 TBtu related to commissioning volumes.The company completed Train 5 of its Corpus Christi Liquefaction Stage 3 Project in March 2026, following earlier completions of Trains 1 through 4 between March and December 2025.Price: $248.67, Change: $-12.75, Percent Change: -4.88%

$LNG
Sectors

Sector Update: Energy Stocks Lower Thursday Afternoon

Energy stocks declined Thursday afternoon with the NYSE Energy Sector Index and the State Street Energy Select Sector SPDR ETF (XLE) each falling 1.7%.The Philadelphia Oil Service Sector Index dropped 1.9%, and the Dow Jones US Utilities Index shed 1.1%.In sector news, Iran has created a government agency to vet and tax vessels seeking passage through the Strait of Hormuz, the Associated Press reported, citing Lloyd's List Intelligence. Tehran is reviewing the latest US proposals for ending the war.West Texas Intermediate crude oil rose 1% to $96 a barrel, and global benchmark Brent gained 0.2% at $101.45 a barrel. Henry Hub natural gas futures rose 2.1% to $2.79 per 1 million BTU.US natural gas stocks rose 63 billion cubic feet in the week ended Friday, smaller than the 72 billion increase expected in a survey compiled by Bloomberg and following the gain of 79 billion in the previous week.In corporate news, Cheniere Energy (LNG) shares fell 5.2% after the company reported a Q1 loss of $16.65 per diluted share, swinging from earnings of $1.57 a year earlier.Shell (SHEL) shares fell 3.1% after the company reported lower-than-expected Q1 revenue.Tenaris (TS) shares dropped 5.3% after the company said Q2 sales will be affected by lower shipments in the Middle East. Tenaris named Gabriel Podskubka CEO.

$LNG$SHEL$TS
Wire

Sector Update: Energy

Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index dropping 2% and the State Street Energy Select Sector SPDR ETF (XLE) falling 1.8%.The Philadelphia Oil Service Sector Index was decreasing 2.2%, and the Dow Jones US Utilities Index was shedding 1.1%.Front-month West Texas Intermediate crude oil was rising 0.6% to $95.61 a barrel, and the global benchmark Brent crude contract was decreasing 0.5% to $100.78 a barrel. Henry Hub natural gas futures rose 2.1% to $2.79 per 1 million BTU.In corporate news, Cheniere Energy (LNG) shares fell 5% after the company reported Thursday a Q1 loss of $16.65 per diluted share, swinging from earnings of $1.57 a year earlier.

$LNG
Research

Research Alert: Lng: Record Cargoes In Q1 And Strong Project Execution

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Cheniere delivered strong Q1 2026 results with record 187 LNG cargoes (+11% Y/Y) and Adjusted EBITDA of $2.33B (+25% Y/Y), though GAAP showed a $3.5B loss due to $4.8B unfavorable derivative fair value changes. Revenue grew 8% to $5.87B, with management's Adjusted Net Income of $1.01B providing clearer operational visibility. We see robust demand for U.S. LNG and high capacity utilization as supportive of the investment thesis despite accounting volatility. Management raised CY 26 guidance with EBITDA now $7.25B-$7.75B and distributable cash flow $4.75B-$5.25B. Train 5 achieved substantial completion in March, with Trains 6-7 targeted for year-end completion adding 10 mtpa capacity. Major expansion projects totaling 40 mtpa remain on hold pending final investment decisions. We think management should remain cautious given potential Asian buyer shifts back to coal following Middle East geopolitical disruptions that eliminated Qatar's LNG capacity.

$LNG
Equities

Cheniere Energy Swings to Q1 Loss, Revenue Increases

Cheniere Energy (LNG) reported Thursday a Q1 loss of $16.65 per diluted share, swinging from earnings of $1.57 a year earlier.Revenue for the quarter ended March 31 was $5.87 billion, up from $5.44 billion a year earlier.Analysts surveyed by FactSet expected $5.67 billion.Shares of the company were down 3.9% in premarket activity Thursday.

$LNG
Commodities

Update: Woodside Energy Faces Pricing Headwinds for Louisiana LNG

(Adds Woodside's comments)Australia-based Woodside Energy (WDS) is struggling to secure buyers for its planned Louisiana LNG export facility, Reuters reported Thursday.The primary obstacle is the company's insistence on liquefaction fees, the cost added to the base price of gas to process it for transport, that exceed current US market averages, according to the report.While these fees have risen globally due to labor shortages and construction costs, Woodside's high entry point may have identified a pricing ceiling for US LNG exports, it said.As per the report Woodside initially sought fees exceeding $2.80 per million British Thermal Units, significantly higher than the typical US range of $2.40 to $2.50.For comparison, industry leader Cheniere Energy (LNG) charges about $2.60, while Venture Global (VG) sits at the lower end at roughly $2.30."As publicly announced, approximately 10.5 mtpa of Louisiana LNG capacity has been committed. This includes Woodside's intention to take around 8 mtpa into its global LNG portfolio, a 1.0 mtpa FOB LNG sale and purchase agreement with Uniper, and equity aligned offtake obligations equivalent to around 1.5 mtpa to Williams," a Woodside spokesperson said in an email to."Woodside is confident in the contracting momentum at Louisiana LNG and will continue to provide updates through its normal market disclosures," the spokesperson said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$LNG$VG$WDS
Commodities

Market Chatter: Woodside Energy Faces Pricing Headwinds for Louisiana LNG

Australia-based Woodside Energy (WDS) is struggling to secure buyers for its planned Louisiana LNG export facility, Reuters reported Thursday.The primary obstacle is the company's insistence on liquefaction fees, the cost added to the base price of gas to process it for transport, that exceed current US market averages, according to the report.While these fees have risen globally due to labor shortages and construction costs, Woodside's high entry point may have identified a pricing ceiling for US LNG exports, it said.As per the report Woodside initially sought fees exceeding $2.80 per million British Thermal Units, significantly higher than the typical US range of $2.40 to $2.50.For comparison, industry leader Cheniere Energy (LNG) charges about $2.60, while Venture Global (VG) sits at the lower end at roughly $2.30.Woodside did not respond to' request for comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$LNG$VG$WDS
Commodities

US LNG Capacity Set to Top 30 Bcf/d by 2030 as Expansion Wave Accelerates

The US is poised to significantly expand its dominance in the global energy market as a massive wave of new liquefaction capacity is scheduled to come online through 2031, according to ananalysis, based on US Energy Information Administration data.US export facilities are currently operating at near-peak levels, with actual exports averaging around 18 billion cubic feet per day in March 2026. This exceeds the nominal baseload capacity of roughly 15.4 Bcf/d, as terminals often run above nameplate levels.In the remainder of 2026, the industry expects to add about 2 Bcf/d of new capacity, led by QatarEnergy and Exxon Mobil (XOM) as they ramp up the first two trains at Golden Pass, which will contribute nearly 1.4 Bcf/d.Cheniere Energy (LNG) is also completing the final units at its Corpus Christi Stage 3 expansion, adding 0.6 Bcf/d. These additions are projected to bring total US nominal capacity to around 17.5 Bcf/d by year-end.The expansion accelerates in 2027, with approximately 5.4 Bcf/d of new capacity scheduled to enter service. This includes the third train at Golden Pass, adding 0.7 Bcf/d, and Venture Global (VG) commissioning Plaquemines Phase 2 in Louisiana, contributing 1.1 Bcf/d.Later in the year, two major greenfield projects are set to come online: Sempra (SRE) bringing Port Arthur Phase 1 online at 1.6 Bcf/d and NextDecade starting up the Rio Grande facility with 1.4 Bcf/d.Additional permitted increases at Plaquemines LNG and Elba Island LNG total 0.6 Bcf/d. These developments are expected to lift US capacity to about 22.9 Bcf/d by the end of 2027.Momentum carries into 2028, with an additional 2 Bcf/d of capacity additions. NextDecade is expected to complete additional units at Rio Grande, adding 0.7 Bcf/d, while Venture Global's CP2 LNG Phase 1 is slated to contribute 1.3 Bcf/d. These projects are projected to raise total US export capacity to approximately 24.9 Bcf/d by year-end.The current construction cycle is expected to culminate between 2029 and 2031, followed by another wave of expansions.Woodside Energy (WDS) is expected to add 2.2 Bcf/d from its Louisiana LNG project, alongside further expansions including Port Arthur Phase 2 at 1.6 Bcf/d, Rio Grande at 1.4 Bcf/d, and additional Venture Global capacity of 0.6 Bcf/d.Upon completion, total US LNG export capacity is forecast to exceed 30 Bcf/d, solidifying the US role as the world's leading LNG supplier.

$LNG$NEXT$SRE$VG$WDS$XOM

Showing 1-20 of 22