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LNG

CHENIERE ENERGY, INC.

In the published model solve dated 2026-Q2, anchored at $258.44, CHENIERE ENERGY, INC. (LNG) is priced for -3.4% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.

Published model solve
-3.4% growth
Priced In
within-range

Key Takeaways

• Cheniere is the largest U.S. exporter of liquefied natural gas, running the Sabine Pass and Corpus Christi terminals on long-term contracts that the 10-K describes as a ⟦"fixed fee per MMBtu of LNG... plus a variable fee per MMBtu of LNG generally equal to 115% of Henry Hub"⟧, a tolling model that insulates much of its cash flow from commodity swings. • The defining feature is leverage: net debt sits near $25 billion, roughly six times operating income, the legacy of building multi-billion-dol

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Institutional ownership

1,332 institutional managers reported holding LNG in 13F filings for the quarter ended 2026-03-31. Together they hold about 84% of the company; the top 10 hold 34%. 255 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 4.1M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

LNG has cut its share count 17% over the past five years, spending $8.42B on repurchases. It pays a dividend, and has for 5 years running, raised 4 years straight; the current rate is $1.80 a share annually. Cash returned over the past three years: $1.18B in dividends and $6.22B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at LNG over the trailing three years: 2025: 2 buys totaling $1.04M. 14 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

LNG's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-04+2.6%+0.1%
2023-11-03+2.9%-3.5%
2024-02-23-4.1%+0.9%
2024-05-04-1.9%+10.6%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

LNG's latest 8-K filings: 2026-07-28 (items 7.01, 9.01); 2026-07-14 (items 5.02, 7.01, 9.01); 2026-07-02 (items 1.01, 2.03, 9.01); 2026-06-09 (items 1.01, 9.01); 2026-05-27 (items 1.01, 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.