Why Long-Term Trends Favor Cheniere Energy Stock (NYSE:LNG)
November 09 2022 - 10:18PM
TipRanks
Despite efforts of the international community to pivot to clean
and renewable energy sources, hydrocarbon players like Cheniere
Energy (NYSE:LNG) bring tremendous relevance to the table, in large
part because of the high energy density of fossil fuels. However,
Russia’s imprudent invasion of Ukraine sparked radical changes in
the power paradigm, potentially leading to significant and
sustained upside potential for LNG stock. I am bullish on Cheniere.
Fundamentally, natural gas specialists such as Cheniere – which
focuses on liquefied natural gas, hence the ticker symbol –
represent important businesses due to their infrastructural
relevance.
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Cheniere Energy (AMEX:LNG)
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Cheniere Energy (AMEX:LNG)
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From Mar 2022 to Mar 2023