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Cheniere Energy, Inc. LNG

EnergyOil & Gas MidstreamNYSE📅 Scored March 7, 2026
Price at analysis: $288.77
Crucible Score
67.3
B-
Quality × Value Composite
KQI — Quality
59.3
C+
Fundamental Quality Index
KVI — Value
77.1
B+
Valuation Attractiveness Index
Crucible Verdict — LNG

Cheniere Energy earns a solid B- score driven by strong value metrics that more than offset modest quality fundamentals across most operational dimensions. LNG trades at a 13% discount to fair value despite CEO Jack Fusco's performance-driven leadership and consistent earnings beats. The quality-value gap suggests the market remains skeptical of the company's ability to sustain current cash generation levels.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality
63.2
Growth Profile
56.0
Moat Durability⚠
54.4
Management Effectiveness
61.2
Diversification & Resilience
53.8
Market Position
66.0
Weakest dimension: Diversification & Resilience (53.8)

◆ KVI Value Dimensions

DCF Margin of Safety
63.4
FCF Yield & Cash Returns
90.9
Relative Valuation
84.6
Growth-Adjusted Value
86.1
Historical Valuation
56.5
Macro Context
92.0

◆ DCF Valuation Scenarios

Bear Case
$218.50
Base Case
$325.40
Bull Case
$462.80
Price at Analysis
$288.77
ScenarioFair ValueRev CAGR (5yr)Terminal MarginWACC
🔴 Bear$218.504.0%27.0%5.8%
🟢 Base$325.407.0%31.0%5.6%
🟢 Bull$462.8010.0%35.0%5.3%
Key Assumptions: WACC is low (5.3-5.8%) driven by LNG's very low beta of 0.24 reflecting its contracted, fee-based LNG business model with long-term offtake agreements. Revenue base anchored at ~$19.6B with growth driven by Corpus Christi Stage 3 and potential Sabine Pass expansion; bear case assumes weak LNG pricing and slower volume ramp while bull assumes full capacity utilization and favorable global LNG demand. Operating margins normalized in the 27-35% range reflecting the volatile commodity-linked revenue history but stable underlying tolling economics, with D&A-adjusted EBITDA margins supporting FCF conversion of 12-18% of revenue across scenarios.

◆ Financial Snapshot

Profitability

Gross Margin36.2%
Operating Margin30.2%
Net Margin27.0%
ROIC9.6%
ROE-424.5%

Balance Sheet

Balance SheetCR: 0.94
Cash ConversionFCF/EPS: 0.90x
Capital IntensityCapex/Rev: 15.7%
Altman Z-Score2.28 (Grey)
Piotroski F-Score6/9 (Good)

Growth

Revenue CAGR2.5% CAGR
Earnings CAGR69.4% CAGR
Growth ConsistencyCV: 1.79
Segment Breadth2/7 growing (29%)
Quarterly TrendRev→+18%, Margin↑, WC↓
Earnings CredibilityTends to Beat

◆ Revenue Breakdown — FY2024

By Segment

Liquefied Natural Gas94.9%
Product and Service, Other4.2%
Regasification Service0.9%

By Geography

Non-US47.9%
UNITED STATES19.2%
JAPAN14.4%
IRELAND9.4%
KOREA, REPUBLIC OF9.1%
Total Revenue
$8.3B
Fiscal Year 2017

◆ Analyst Consensus & Leadership

Analyst Price Targets

Avg Target (Last Quarter)$255.29
Analysts Covering (Quarter)7
Avg Target (Last Year)$265.69
Analysts (Year)16

Leadership & Governance

CEOJack Fusco · 6 years
CEO Ownership< 1%
Compensation93% performance-based
Insider ActivityBuying
Capital AllocationROIC 9.6% vs WACC 2.6%
Earnings Beat Rate70% (15/22)

◆ Company Profile

Cheniere Energy, Inc. , an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

CEO
Jack A. Fusco
Employees
1714
Headquarters
Houston, TX, US
IPO Date
April 4, 1994
Exchange
NYSE

◆ Related Companies in Our Universe

Other Energy companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+
MethodologyAll ScoresCrucible BriefsPerformance@KaladinCI

Analysis conducted March 7, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.

© 2026 Kaladin Capital Intelligence — Conviction Through Scrutiny