Cheniere Energy Inc (LNG): Jack A Fusco , CEO of Cheniere Energy Inc purchased 44,762 shares on Jun 6, 2016. The Insider buying transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were purchased at $33.51 per share for a total value of $1,499,988.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Greg W. Rayford (Sr. VP and General Counsel) sold 10,000 shares at $35.04 per share price.On Dec 23, 2015, Vicky A Bailey (director) sold 15,997 shares at $35.92 per share price.Also, On Dec 22, 2015, Carl C Icahn (10% owner) purchased 2,500 shares at $35.88 per share price.On Dec 17, 2015, Charif Souki (director) sold 50,000 shares at $40.04 per share price.
Cheniere Energy: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Cheniere Energy which led to swings in the share price. The shares opened for trading at $34 and hit $35.76 on the upside , eventually ending the session at $35.59, with a gain of 5.80% or 1.95 points. The heightened volatility saw the trading volume jump to 26,12,434 shares. The 52-week high of the share price is $74.48 and the company has a market cap of $8,382 M . The 52-week low of the share price is at $22.8.
Company has been under the radar of several Street Analysts.Cheniere Energy is Initiated by Bernstein to Mkt Perform and the brokerage firm has set the Price Target at $38. The Rating was issued on May 11, 2016.
Cheniere Energy Inc. is an energy company engaged in Liquefied natural gas (LNG) businesses. The Company operates through two segments: LNG terminal business and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners L.P. (Cheniere Partners) which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings LLC (Cheniere Holdings) which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish Louisiana and the Corpus Christi LNG terminal near Corpus Christi Texas.