Cheniere (LNG) Moves FERC to Defer Corpus Christi Expansion
Zacks Investment Research | Dec 13, 2021 05:30AM ET
Cheniere Energy (NYSE:LNG) Inc. CPE solely focuses on exploring, and producing oil and gas resources in the Permian Basin. CPE boasts an impressive footprint throughout the core of the Permian Basin, the highest-producing shale play in the United States. CPE, currently valued at $2.9 billion, entered the basin in 2009 and has been strengthening its foothold in the region ever since.
In the past year, shares of Callon Petroleum have soared 234.6% compared with Zacks Exploration and Production industry's growth of 90.7%. CPE's 2021 earnings are expected to skyrocket 222.7% from the prior-year reported figure. CPE currently has a Zacks Style Score of A for both Growth and Momentum. CPE has witnessed six upward revisions in the past 60 days.
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