Cheniere energy director G. Andrea Botta sells $1.98 million in stock

Published 28/02/2025, 23:40
Cheniere energy director G. Andrea Botta sells $1.98 million in stock

HOUSTON—G. Andrea Botta, a director at Cheniere Energy Inc . (NYSE:LNG), sold 9,000 shares of the company’s common stock, according to a recent filing with the Securities and Exchange Commission. The transaction, completed on February 27, 2025, was executed at an average price of $219.51 per share, amounting to a total value of approximately $1.98 million. The sale comes as the stock has delivered an impressive 45% return over the past year, with the company maintaining a robust market capitalization of $49.2 billion.

Following this sale, Botta holds 33,934 shares in the natural gas distribution company. The transaction was conducted as a direct ownership sale. Cheniere Energy, headquartered in Houston, is a leading player in the liquefied natural gas industry, trading at a P/E ratio of 16 and currently showing signs of slight overvaluation according to InvestingPro Fair Value metrics. For deeper insights into insider trading patterns and comprehensive analysis of Cheniere Energy’s valuation, investors can access the detailed Pro Research Report, available exclusively on InvestingPro.

In other recent news, Cheniere Energy reported fourth-quarter earnings that exceeded analyst expectations, with adjusted earnings per share of $4.33, significantly surpassing the consensus of $2.73. The company also reported revenue of $4.44 billion for the quarter, exceeding estimates of $4.1 billion and marking a 1% increase year-over-year. For the full year 2024, Cheniere generated revenues of $15.7 billion and net income of $3.3 billion. Looking forward, Cheniere introduced 2025 guidance, projecting Consolidated Adjusted EBITDA between $6.5 billion and $7.0 billion and Distributable Cash Flow between $4.1 billion and $4.6 billion.

Fitch Ratings upgraded Cheniere Energy and Cheniere Energy Partners (NYSE:CQP)’ long-term Issuer Default Rating to ’BBB’ from ’BBB-’, citing a reduction in leverage and stable cash flows from long-term contracts. Stifel raised its price target for Cheniere Energy shares to $255, maintaining a Buy rating, despite a recent earnings miss attributed to lower-than-expected revenues. The firm remains optimistic about Cheniere’s growth potential, particularly with upcoming investment decisions on key projects.

Jefferies reiterated its Buy rating on Cheniere Energy, maintaining a price target of $303. The firm noted that while fourth-quarter EBITDA fell short of estimates, the company’s 2025 guidance appears achievable. Jefferies highlighted the importance of operational efficiency and strategic project execution in maintaining investor confidence.

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