Cheniere Extends Lead in Record U.S. LNG Exports as Shares Slide and Street Projects Rebound

Overview

• U.S. LNG exports set a monthly record in November at about 10.9 million metric tonnes, up from 10.1 million in October, according to Reuters data cited in coverage.
• Cheniere shipped roughly 4.6 million tonnes in November, up from 4.1 million the prior month, maintaining its position as the top U.S. exporter from Sabine Pass and Corpus Christi.
• Europe took approximately 70% of U.S. LNG in November, or about 7.5 million tonnes, marking a 69% month-over-month increase in volumes to the region.
• Cheniere’s shares are down more than 10.4% since the company reported fiscal Q3 results on October 30, despite strong export fundamentals.
• Analysts still see roughly 44% 12‑month upside for the stock, and on December 12 Jean Ann Salisbury reaffirmed a Buy rating while trimming her price target to $271.