Lng stock price the LNG stock price has been riding on
The LNG stock price has been riding on positive forward guidance, with company executives citing expansion into new regional markets. Short-term traders watch $163.80 as a psychological barrier for next rally attempts. % — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . Cheniere's ongoing expansion of LNG production capacity, including the final investment decision and construction of Corpus Christi Midscale Trains 8 & 9 and advancing permitting for future trains, positions the company to capture increasing global demand for LNG. This directly supports upward revisions in long-term revenue and EBITDA as these projects come online. LNG stock price closed yesterday at $162.02, marking its highest weekly close since early May. Analysts attribute this to robust spot market sales and favorable long-term shipping contracts with Asian buyers.
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