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2 Stocks Riding the Dominance of America's Natural Gas Exports
ARAntero Resources(AR) MarketBeat·2025-02-27 12:00

Industry Overview - The United States has become the largest exporter of liquefied natural gas (LNG), surpassing Australia and Qatar in 2023, with exports estimated at 12.5 billion cubic feet per day or 92 million metric tons annually [1] - The U.S. is also the largest natural gas exporter, overtaking Russia and Norway since 2024, partly due to Ukraine's cancellation of its Russian gas export transit deal [1] Cheniere Energy - Cheniere Energy Inc. is recognized as the largest LNG producer in the U.S., operating two facilities: Sabine Pass LNG with a capacity of 30 million metric tons per annum (MTPA) and Corpus Christi LNG with a capacity of 15 MTPA, with an additional 10 MTPA under construction [2] - The total current capacity of Cheniere is 45 MTPA, with expectations of market demand reaching 230 MTPA over the next decade [2] - For Q4 2024, Cheniere reported an EPS of 0.33,exceedingconsensusestimatesby0.33, exceeding consensus estimates by 1.62, while revenue fell 8% year-over-year to 0.44billion[3]−CheniereanticipatesadjustedEBITDAforthefullyear2025tobebetween0.44 billion [3] - Cheniere anticipates adjusted EBITDA for the full year 2025 to be between 6.5 billion and 7billion,withdistributablecashflowexpectedbetween7 billion, with distributable cash flow expected between 4.1 billion and 4.6billion[4]−ThecompanyisdevelopingtheSPLExpansionProject,whichaimstoaddupto20MTPAofLNGproductioncapacity[5]AnteroResources−AnteroResourcesCo.isanindependentoilandnaturalgasexplorationandproductioncompanybenefitingfromrisingnaturalgasdemand,whichreachedarecord50.6billioncubicfeetperdayinJanuary2025forresidentialandcommercialheating[6]−Anteroprimarilydevelopsnaturalgasandnaturalgasliquids(NGLs)fromtheUticaandMarcellusShaleformations,withasignificantportionofproductiontransportedtotheGulfCoastLNGCorridor[7][8]−InQ4,AnteroreportedanEPSof4.6 billion [4] - The company is developing the SPL Expansion Project, which aims to add up to 20 MTPA of LNG production capacity [5] Antero Resources - Antero Resources Co. is an independent oil and natural gas exploration and production company benefiting from rising natural gas demand, which reached a record 50.6 billion cubic feet per day in January 2025 for residential and commercial heating [6] - Antero primarily develops natural gas and natural gas liquids (NGLs) from the Utica and Marcellus Shale formations, with a significant portion of production transported to the Gulf Coast LNG Corridor [7][8] - In Q4, Antero reported an EPS of 0.58, surpassing consensus estimates by 0.29,withrevenuesfalling2.130.29, with revenues falling 2.13% year-over-year to 1.17 billion [9] - For 2025, Antero raised its maintenance production target to 3.35 to 3.45 billion cubic feet equivalent per day, driven by growth in liquids production [10] - Antero's CFO noted that 75% of their natural gas is delivered to the LNG corridor along the Gulf Coast, which is expected to enhance price realizations [11]