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Liquefied natural gas (LNG) stock analysis for 2014 shows even more potential upside for share prices than years past, as companies get closer to exporting.
That's because several already-approved LNG terminal projects, with a focus on energy-hungry Asian customers, will proceed this year.
In addition, other companies are expected to receive approvals from the Obama administration to move forward with their planned LNG export facilities.
These specific developments will affect a number of individual firms. Check out these four when you're hunting for profits in one of the best energy sectors to buy into today.
LNG Stock Analysis for 2014
LNG Stock Analysis No. 1 – Cheniere Energy (NYSEMKT: LNG)
The first company on the list is a Money Morning favorite, Cheniere Energy (NYSEMKT: LNG). Since Dr. Kent Moors first talked about LNG, Cheniere has gone from $6 to $46 a share.
It was the very first company to receive the nod, in 2011, from the Obama administration to proceed with an LNG export project.
Its Sabine Pass project in Louisiana is the most advanced of the LNG export projects in the United States. It is the only project to hold all the necessary government permits to export LNG.
Cheniere's $12 billion construction project (headed by Bechtel) is well underway on four of a possible six trains (LNG processing facilities). LNG exports, starting at 500 million cubic feet of natural gas per day, are expected to begin from Sabine Pass in 2015.
This year will continue to see forward progress on the company's other planned three-train LNG facility in Corpus Christi, Texas.
In December, Cheniere and Bechtel signed two contracts totaling $9.5 billion to begin construction on its facility in Corpus Christi this year. It should be in operation sometime in 2018. Cheniere has already signed a contract with Indonesia's PT Pertamina to sell some of the LNG from this facility.
The stock is up more than 6% so far in 2014.
LNG Stock Analysis No. 2 – Sempra Energy (NYSE: SRE)