8 Best Undervalued Energy Stocks To Buy According to Analysts

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

Average Analyst Estimates as of May 28: $202.82

Average Analyst Upside as of May 28: 28.60%

P/E Ratio: 7.68

Cheniere Energy, Inc. (NYSE:LNG) is an American provider of liquefied natural gas storage and transportation services, headquartered in Houston, Texas, that operates through its subsidiaries, including Cheniere Marketing, LLC, and Cheniere Energy Partners, L.P. In February 2016, it became the first American company to export liquefied natural gas.

Cheniere Energy (NYSE:LNG) surpassed adjusted core profit estimates earlier this May, driven by higher-than-expected export volumes that offset lower natural gas prices. Cheniere’s total loaded LNG volumes remained steady year-over-year at 601 trillion British thermal units (BTU), exceeding Wall Street expectations. Earnings were also stronger than anticipated, with the 56 trillion BTU higher volumes contributing an additional $190 million in margin compared to forecasts.

On May 19, JPMorgan Chase & Co. raised Cheniere Energy, Inc.’s (NYSE:LNG) target price from $213.00 to $214.00, maintaining an “overweight” rating on the stock. Overall, LNG maintains a “strong buy” rating among analysts, with the average 12-month forecast coming in at a notable $202.30 with a 25.73% upside. As of Q1 2024, 69 hedge funds held a stake in Cheniere Energy, Inc.’s (NYSE:LNG).