8 Best Fuel Stocks To Buy Now

6. Cheniere Energy, Inc.  (NYSE:LNG) 

Number of Hedge Fund Holder2: 66

Cheniere Energy, Inc. (NYSE:LNG) is the largest exporter of liquefied natural gas (LNG) in the United States. The company’s Sabine Pass and Corpus Christi facilities serve as vital export terminals, playing a critical role in meeting the growing global demand for cleaner energy solutions. Cheniere Energy, Inc. (NYSE:LNG) also owns over 21 miles of natural gas supply pipeline that connects the Corpus Christi LNG Terminal with several intrastate and interstate natural gas pipelines.

Cheniere Energy, Inc. (NYSE:LNG) is investing heavily in its expansion projects to increase its liquefied natural gas (LNG) production capacity and maintain its position as a leading player in the global LNG market. One of the company’s most significant growth initiatives is the Corpus Christi Stage 3 expansion project, which was 68% complete at the end of the third quarter, and ahead of schedule. This project will add significant new capacity to the company’s existing Corpus Christi terminal, allowing the company to capitalize on the growing demand for LNG from markets in Asia and Europe.

McKinsey projects a 10% to 15% increase in global demand for natural gas, while the Gas Exporting Countries Forum (GECF) anticipates that LNG trade will surpass long-distance pipeline trade by 2026 and more than double by 2050, reaching 805 million tonnes, or 64% of traded gas. Cheniere Energy, Inc. (NYSE:LNG) owns two of the three largest LNG terminals in the U.S., which provide the company with a strong competitive edge. Additionally, Cheniere Energy, Inc. (NYSE:LNG) remains focused on reducing its debt, expanding production capacity, and delivering returns to shareholders. The company plans to repurchase shares and has authorized an additional $4 billion in share repurchases through 2027.