Thursday, January 23, 2025

Cheniere announces $350 million repurchase of shares from Icahn Enterprises

Oil and Gas 360 HOUSTON–(BUSINESS WIRE)– Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that it entered into a Purchase Agreement (“Purchase Agreement”) to repurchase approximately $350 million of the Company’s common shares beneficially owned by Carl C. Icahn and certain of his affiliates (“Icahn Enterprises” or “IEP”), at a purchase price of $130.52 per share,

Weekly Gas Storage: Inventories decrease by 40 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 92 Bcf

Natural Gas Inventories as of June 10, 2022 The EIA has released its natural gas inventory report, showing a net increase of 92 Bcf as of June 10, 2022. Working gas in storage was 2,095 Bcf as of Friday, June 10, 2022, according to EIA estimates. This represents a net increase of 92 Bcf from the previous week. Stocks were