Cheniere Energy, Inc., through its subsidiaries, engages in the development, construction, ownership, and operation of onshore liquefied natural gas (LNG) receiving terminals and natural gas pipelines along the Gulf Coast of the United States. It develops LNG receiving terminal projects on Sabine Pass LNG in western Cameron Parish, Louisiana on the Sabine Pass Channel; Corpus Christi LNG near Corpus Christi, Texas; Creole Trail LNG at the mouth of the Calcasieu Channel in central Cameron Parish, Louisiana; and Freeport LNG on Quintana Island near Freeport, Texas. The company also engages in oil and natural gas exploration and development activities in the Gulf of Mexico. As of December 31, 2007, it had proved developed reserves of approximately 8,869 barrels of oil and 1,259,933 thousand cubic feet of gas. The company was founded in 1983 and is based in Houston, Texas.
Analysts' Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $13 |
| Analysts' Targets |
| Lehman Brothers | $13 |
| Overweight |
Tuesday, April 29, 2008 |
| Friedman, Billings, Ramsey & C | $16 |
| Outperform |
| Wednesday, April 23, 2008 |