LNG Cheniere Energy Inc.

$LNG Natural gas is probably going to be in very high demand over the next few years. I'm expecting a late winter, and then when the heat comes for the southern US, natural gas will spike hard. So, I'm buying LNG now, 6 months before my expectations start.

$LNG this is borderline frustrating, just buy it. Release of Diesel SPR? This is a LNG stock we talking about and there is no SPR for natural gas!

$LNG sub Cheniere Marketing, LLC has entered into a long-term LNG sale & purchase agreement (SPA) w/ Petrobras. Under the SPA, Petrobras has agreed to purchase approximately 0.8Mtpa of LNG from Cheniere on a free-on-board (FOB) basis for 22 years --- back of napkin value is $5B+ over 22 years Note: FOB basis means that Petrobras assumes all shipping costs & spot-market voyage risks, removing transportation volatility from Cheniere's margins

$LNG European gas rallied Friday: TTF up about 3 percent to around 75.80 euros a megawatt-hour, on renewed Hormuz and Qatar supply fears. EU storage is around 71 percent full vs an 87 percent five-year average, and QatarEnergy extended force majeure on some European cargoes into late Q4. The Cheniere read is subtler. About 90 percent of its Sabine Pass and Corpus Christi output is contracted long term through the mid-2030s, with roughly 15 years of weighted average contract life left (company Q1 10-Q). A spot spike barely moves the current book. What it does is price the next layer. The uncontracted slice goes to Cheniere Marketing for spot and short-term sales. Growth inventory: Stage 3 has five of seven trains at substantial completion as of Q1, two more Corpus trains under construction adding about 5 mtpa, and the Sabine Pass expansion headed for a 2026/2027 FID at up to about 20 mtpa. A tight winter reprices the contracts Cheniere has not signed yet.