Cheniere Energy Inc (LNG): Today's Featured Energy Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Cheniere Energy (LNG) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Cheniere Energy fell $1.15 (-2.6%) to $43.75 on light volume. Throughout the day, 1,931,046 shares of Cheniere Energy exchanged hands as compared to its average daily volume of 3,579,200 shares. The stock ranged in price between $43.57-$45.45 after having opened the day at $44.67 as compared to the previous trading day's close of $44.90. Other companies within the Energy industry that declined today were: Mexco Energy Corporation (MXC), down 4.8%, Recon Technology (RCON), down 4.6%, Cross Timbers Royalty (CRT), down 3.9% and Eagle Rock Energy Partners (EROC), down 3.5%.
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