CHENIERE ENERGY (LNG) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of CHENIERE ENERGY (LNG) from NEUTRAL to OUTPERFORM on April 16, 2013, with a target price of $28.70.

CHENIERE ENERGY is engaged in exploration for oil and gas reserves. They are currently involved in a joint exploration program, which is engaged in the exploration for oil and natural gas along the Gulf Coast of Louisiana, onshore and in the shallow waters of the Gulf of Mexico. Their exploration program combines the use of regional seismic data in shallow water areas of the Gulf of Mexico, advanced analytical technologies, a methodology that integrates geoscience and engineering disciplines, and a core of experienced staff.

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