Cheniere reported a net loss attributable to common stockholders (basic and diluted) of $0.61 per share or $135.2 million for Q4. That compares to a net loss of $0.44 per share, or $94.3 million, for the previous year.
investing in lng 2014
- Despite Down Earnings, Cheniere (NYSE: LNG) Is One of Top LNG Stocks to Buy
- LNG Exporting: Alaska Joins Oil Majors on $54 Billion Project
- LNG Stock Chart: 3 Stocks Crushing the S&P 500
- LNG Stock Prices: Three Reasons 2014 Will Bring the Biggest Gains Yet
Thanks to developments in LNG exporting, Alaska may soon return to its energy glory days. And that's good news for investors looking for LNG stocks today.
Alaska's oil production peaked at more than 2 million barrels a day in 1988. That figure dropped to 531,000 barrels a day in 2013. Now projections call for a drop to 312,000 barrels a day within the next 10 years.
The Standard & Poor's 500 Index has climbed 41% in the past three years - but there's a group of stocks that is tearing past it as the outlook for their industry gets brighter.
I'm talking about liquefied natural gas (LNG) stocks. Take a look at this LNG stock chart:
The best example of how developments in the liquefied natural gas export boom can boost LNG stock prices is Cheniere Energy Inc. (NYSE MKT: LNG) - which soared 118% over the past year.
That may be just the start of the fireworks for LNG stock prices - especially Cheniere.