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Icahn trims Cheniere Energy stake, remains among 'biggest supporters'

Published 06/28/2018, 08:13 AM
© Reuters.  Icahn trims Cheniere Energy stake, remains among 'biggest supporters'
LNG
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  • Carl Icahn lowers his active stake in Cheniere Energy (NYSEMKT:LNG) to 9.5% from 13.8% previously while affirming support for the company's management and business model.
  • Icahn remains LNG's largest shareholder, owning nearly 23.7M shares, and says he is "one of Cheniere's biggest supporters."
  • Icahn was instrumental in ousting former Cheniere CEO Charif Souki in 2016 and bringing on Jack Fusco to take the leadership role.
  • Now read: LNG And The Importance Of The Henry Hub Benchmark


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