Million

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>LNG stock price showed over 2 Million of volume nearly after one month.</a> </li> 
 <li> <span>2</span> <a>On August 3, 2023, Thursday, Cheniere Energy Inc. released its Q2 2023 report.</a> </li> 
</ul> 
<p>Cheniere Energy (LNG) stock price was trading bullish in its all-time price performance which shows over 115% of price gain. The overall price performance of LNG stock mostly experienced bulls’ support. Meanwhile, when the company reported its Q2 2023 report, LNG stock noted 2.31 Million of volume in a day. With this increased volume activity, LNG stock price rose nearly 4% while its last week growth was 2.71%.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized"> 
  <img decoding="async" loading="lazy" src="https://lh4.googleusercontent.com/52dFLi6NqL0d1pvqtwz0lGxpJFQKuLFg0DE7G54q13LWHNB9eAvI3abq02IaVivE7HRGfxVlOMbAt_77QVdhZh7l4mL8QmNly8RhYmMUrTyXIisS-iHdcvad4fWvhhnJc-zZ6f0R86DMvXKDiwLyJA" alt="LNG Stock Price Noted Over 2 Million Volume on Q2 Earnings Day" width="1166" height="296"> 
  <figcaption class="wp-element-caption"> <strong>Source: TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>As the above chart indicates, Cheniere Energy is followed by ONEOK Inc. (NYSE: OKE), Plains GP Holdings LP (NASDAQ: PAGP), and Antero Midstream Corp. (NYSE: AM). Besides LNG stock, OKE stock, PAGP stock, and AM stock experienced almost 1.98 Million, 1.96 Million, and 1.74 Million of volume in one day.</p> 
<h2 class="wp-block-heading" id="strong-lng-stock-price-analysis-strong"><strong>LNG Stock Price Analysis</strong></h2> 
<p>On earnings day, the LNG stock price added $5.69 and closed at $164.83 by showing a bullish outlook. In Thursday’s trading session, LNG stock traded between $165.19 to $155.32. With the increased dominance of active bulls, LNG share prices marked a high in the last four months, according to TradingView, a web-based social network for traders.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/E8tIQb5GeZcGDVj6QzOxDj0Dz4BZwLlnwCBGHDQdlClXW1GVtYy967F3f5i85AjBUsYvTPQLvZyA-lJHoGdEkB8Bvn-Mm8XwIWVQZzcyGYPjlUuo5_3k2gzgYBu7jCME-4yIBsciCuUZrXQx9Lqcmg" alt="LNG Stock Price Noted Over 2 Million Volume on Q2 Earnings Day"> 
  <figcaption class="wp-element-caption"> <strong>Source: LNG/USD by </strong><a href="https://www.tradingview.com/x/OUJ98QEC/" target="_blank" rel="noopener noreferrer nofollow"><strong>TradingView</strong></a> 
  </figcaption> 
 </figure> 
</div> 
<p>The RSI started trading upside with bulls’ activeness that formed an upward <a href="https://www.thecoinrepublic.com/2023/08/03/kmi-stock-price-started-following-previous-trend-once-again/" target="_blank" rel="noopener noreferrer nofollow">trend</a>. This trend drove the stock price near its overbought zone. LNG share price previously traded near its 20-day moving average which then surpassed $164.00. The recent two days of trading indicated the activeness of bulls that may experience price volatility near the weekend.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized"> 
  <img decoding="async" loading="lazy" src="https://lh4.googleusercontent.com/bGpwOKdvscVj4v6fIZK0YsofERmHG2iYF9Ui0V5OG6ClsXT6DA2Q_69NJ0VMhvzI_flLcs496-AqEz_TNsJ0Zm59IJo2ZW1S5x1ZX12LPlESeHhHyHt2eiX1VZycjNqxkhUtG5q9nK3l40j7KcqCpQ" alt="LNG Stock Price Noted Over 2 Million Volume on Q2 Earnings Day" width="1168" height="510"> 
  <figcaption class="wp-element-caption"> <strong>Source: Price Target of LNG Stock by TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>The one-year price target set by analysts is at $198.85, up by over 20% from the recent closing price of LNG share. The maximum price estimate of analysts is showing at $236.00 while the minimum estimate is at $172.00. In the past three months, analysts have given a “strong-buy” rating to Cheniere Energy Inc.</p> 
<h3 class="wp-block-heading" id="strong-q2-earnings-update-of-cheniere-energy-strong"><strong>Q2 Earnings Update of Cheniere Energy</strong></h3> 
<p>Cheniere Energy Inc. (NYSEAMERICAN: LNG), an American liquefied natural gas company, has a market cap of nearly $40 Billion. According to its recent Q2 2023 reports, its net income is $1.37 Billion. LNG earnings per share (EPS) is $5.61 whereas the estimation was at $2.81 which accounts for a 99.53% surprise.</p> 
<p>The revenue for the same period amounts to $4.10 Billion despite the estimated figure of $4.25 Billion. For the next quarter, the estimated EPS is $2.63, and revenue is expected to reach $4.00 Billion.</p> 
<p>Last year, the revenue of Cheniere Energy Inc. amounted to $33.43 Billion, most of which — $31.80 Billion — came from its highest-performing source at the moment, liquefied natural gas.</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

LNG Stock Price Noted Over 2 Million Volume on Q2 Earnings Day

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