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Stock Market & Financial Investment News

News Breaks
March 22, 2013
06:23 EDTLNG, CQPCheniere Energy price target raised to $30 from $25 at Citigroup
Citigroup raised its price target for Cheniere Energy (LNG) citing the reduction in the equity needed at Cheniere Energy Partners (CQP) as well as the achievement of milestones. Citi keeps a Buy rating on shares of Cheniere Energy.
News For LNG;CQP From The Last 14 Days
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July 31, 2014
17:22 EDTCQPCheniere Energy Partners LP reports Q2 EPS (85c), consensus (38c)
Reports Q2 revenue $66.59M, consensus $66.21M.
17:15 EDTLNGCheniere Energy reports Q2 EPS (90c) with items, consensus (33c)
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July 28, 2014
16:00 EDTLNGOptions Update; July 28, 2014
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July 25, 2014
18:55 EDTLNGCheniere Energy to reconsider strategy related to employee bonus pay
In a regulatory filing, Cheniere Energy said, "After receiving feedback from stockholders and consulting with management, the board determined that this is not the appropriate time to ask the stockholders to approve a new pool of shares. The company will reassess its strategy in this context given the need to attract, retain and motivate employees with the talent and experience to effectively execute the company’s strategic business plan." CEO Charif Souki received $142M in total compensation in 2013 and was ranked as the top paid U.S. executive for that year. The company has postponed its annual meeting to September 11th, and has withdrawn proposals related to the 2014-2018 Long Term Incentive Compensation Program and the Cheniere Energry 2011 Incentive Plan that would have added 30M shares to the company's bonus pool.

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