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LNG stock news 2014: LNG stock prices are estimated to soar 118% compared to last year, bringing Cheniere Energy Inc. to the top of the investment list.
However, this might be only the start of the fireworks, especially if we refer to Cheniere, which is known as one of the largest liquefied natural gas-related energy company in Houston, Texas. Apparently, Morgan Stanley predicted an overgrowth in the LNG stock price this year, with over a 30% gain compared to its current price of $45.76. Morgan Stanley included in the financial forecast they released on Jan. 7, 2014 that Cheniere might get as much as $129 a share during this year.
However, Cheniere Energy Inc. is not the only energy company that continues to grow, as you know if you've read recent LNG stock news. That's why Money Morning