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Cheniere Energy (LNG) Jumps: Stock Rises 5.7%

Published 05/31/2018, 08:53 AM
Updated 07/09/2023, 06:31 AM

Cheniere Energy, Inc. (NYSE:LNG) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 15.2% in the past one-month time frame.

The company has seen three positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Cheniere Energy. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Cheniere Energy currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Another stock worth considering in the Oil and Gas - Exploration and Production - United States industry is Bonanza Creek Energy, Inc. (NYSE:BCEI) which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.

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Bonanza Creek Energy, Inc. (BCEI): Free Stock Analysis Report

Cheniere Energy, Inc. (LNG): Free Stock Analysis Report

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