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Bullish Case: Expansion projects and stable long-term agreements suggest potential for continued growth in a high-demand LNG market, despite current headwinds.


Bearish Case: Lower international gas prices and high reliance on long-term contracts risk constraining margins, while geopolitical uncertainties loom.


Potential Outcomes:

1. Higher LNG demand boosts revenue: 35%.

2. Global gas prices remain subdued, limiting margins: 30%.

3. Geopolitical shifts affect demand/supply, causing volatility: 25%.

4. Expansion projects delayed or over budget: 10%.


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March 30, 2024


Cheniere Energy Forecast

CQP        Cheniere Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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