CHENIERE ENERGY, INC.
boothcheck covers CHENIERE ENERGY, INC. (LNG) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed June 27, 2026.
• 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
Is LNG overvalued? See what's priced in →
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.
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.
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.
LNG's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next 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.
LNG's latest 8-K filings: 2026-08-06 (items 2.02, 9.01); 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).
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.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
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.