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Stock impact report

Cheniere Energy (LNG) Falls as LNG Stocks Come Under Pressure [Yahoo! Finance]

Cheniere Energy, Inc. (LNG) 
Company Research Source: Yahoo! Finance
Cheniere Energy, Inc. (NYSE:LNG) is the largest producer of liquefied natural gas in the United States and the second-largest LNG operator in the world. Cheniere Energy, Inc. (NYSE:LNG) is among the LNG stocks that have come under pressure due to eroding margins on the back of soaring natural gas prices. US Henry Hub prices are currently hovering just below a three-year high of almost $5.3/MMBtu, driven by rising demand from LNG plants and heating, given the cold weather. On the other hand, LNG prices have also been pushed lower in big demand centers in Asia and Europe as the market braces for a supply glut next year, especially from the United States. The most significant price impact was observed in Europe, with benchmark European TTF gas prices currently hovering below 27 EUR/MWh, the lowest since April 2024. As a result, the spread between Henry Hub and TTF prices has shrunk to its lowest since April 2021, squeezing profit margins for LNG exporters like Cheniere Energy, Inc Show less Read more
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