Cheniere Energy Inc (LNG): Today's Featured Basic Materials 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 Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day down 0.9%. By the end of trading, Cheniere Energy fell $1.57 (-2.7%) to $56.18 on average volume. Throughout the day, 3,564,377 shares of Cheniere Energy exchanged hands as compared to its average daily volume of 3,625,700 shares. The stock ranged in price between $55.75-$57.60 after having opened the day at $57.56 as compared to the previous trading day's close of $57.75. Other companies within the Basic Materials sector that declined today were: Rocket Fuel ( FUEL), down 11.9%, Polymet Mining ( PLM), down 9.4%, Amyris ( AMRS), down 8.4% and Recon Technology ( RCON), down 7.2%.

Cheniere Energy, Inc., an energy company, is engaged in the liquefied natural gas (LNG) related business. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business. Cheniere Energy has a market cap of $13.7 billion and is part of the energy industry. Shares are up 33.9% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Cheniere Energy a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Cheniere Energy as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, New Concept Energy ( GBR), up 30.6%, Weatherford International ( WFT), up 11.2%, Eagle Rock Energy Partners ( EROC), up 8.7% and Gold Fields ( GFI), up 7.2% , were all gainers within the basic materials sector with Seadrill ( SDRL) being today's featured basic materials sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).

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