5 Best LNG and LNG Shipping Stocks to Buy Now

03. Cheniere Energy, Inc. (NYSE:LNG)

Number of Hedge Fund Holders as of Q2, 2022: 65

Cheniere Energy, Inc. (NYSE:LNG) is an energy infrastructure company primarily engaged in liquefied natural gas (LNG) related businesses in the United States. It is one of the top LNG stocks to invest in. Cheniere Energy, Inc. (NYSE:LNG) anticipates raking in $9.8 billion in operating profits by the end of this year as a result of the robust demand for clean fuel, notably in Europe. It also offers a 40 cent dividend with a yield of 0.92%. On October 12, Barclays analyst Marc Solecitto raised his price target for Cheniere Energy, Inc. (NYSE:LNG) to $200 from $186 while maintaining an Overweight rating on the stock.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Icahn Capital LP is a leading shareholder in Cheniere Energy, Inc. (NYSE:LNG), with 5.6 million shares worth more than $746 million. By the end of Q2, a total of 65 hedge funds tracked by Insider Monkey are holding a stake in Cheniere Energy, Inc.  (NYSE:LNG) as compared to 62 in the previous quarter.

ClearBridge Global Infrastructure Value Strategy, in its Q3 2021 investor letter, mentioned Cheniere Energy, Inc.  (NYSE: LNG) and discussed its stance on the firm. Here is what the fund said:

“Cheniere Energy is an energy infrastructure company that owns and operates U.S. liquefied natural gas (LNG) export facilities. Strong quarterly results and the disclosure of capital allocation policies were positively received by the markets. In addition, continued supply and demand tightness in the LNG market created a favorable commodity price environment.”