Investor lens:
Cheniere: contracted LNG cash-flow engine versus marked-to-market EPS noise feed gas LNG train liquefaction storage / export sales / tolling contracts contracted revenue cash-flow view contracted engine cheap cash-flow multiple income-statement view revenue: stable EPS: mark-to-market cash-flow engine EPS print valuation lens engine risk: gas rollover re-rate path multiple expands fresh analyst targets stall path discount stays fair trade stalls