Cheniere Energy vs Cameco
This page compares Cheniere Energy and Cameco, examining each company's business models, financial performance, and market context in a neutral, accessible way. Learn how they approach growth, risk, and value in their respective sectors, without speculation or promotion. Educational content, not financial advice.
This page compares Cheniere Energy and Cameco, examining each company's business models, financial performance, and market context in a neutral, accessible way. Learn how they approach growth, risk, a...
Why It's Moving
Cheniere Energy shares slide amid LNG margin squeeze from soaring US gas prices.
- US Henry Hub prices hover below $5.3/MMBtu, the highest in nearly three years, driven by heating needs and LNG plant pull, while European TTF prices dip below 27 EUR/MWh on supply glut fears.[4]
- Benchmark Henry Hub-TTF spread hits its tightest since April 2021, directly pressuring profitability for LNG giants like Cheniere as input costs rise faster than export prices.[4]
- Ongoing expansions like CCL Stage 3, with Trains 1-3 completed in 2025, position Cheniere for future volume growth but amplify margin risks with more US LNG capacity coming online.[1]
Cameco Stays on Track for Strong 2025 Finish Despite McArthur River Production Trim
- Q3 update trims 2025 McArthur River/Key Lake production to 14-15M lbs U3O8 (9.8-10.5M lbs Cameco share) from prior 18M lbs, hit by mining transition delays and Key Lake mill shutdown Sept 3-Oct 17, signaling short-term output pressure.
- Cigar Lake output up 16% YTD offsets declines, with steady 9.8M lbs share expected for 2025, bolstering overall uranium supply resilience.
- Locked in contracts for 28M+ lbs annual U3O8 deliveries over next five years—higher through 2027—plus narrowed sales guidance to 32-34M lbs, highlighting sustained utility demand.
Cheniere Energy shares slide amid LNG margin squeeze from soaring US gas prices.
- US Henry Hub prices hover below $5.3/MMBtu, the highest in nearly three years, driven by heating needs and LNG plant pull, while European TTF prices dip below 27 EUR/MWh on supply glut fears.[4]
- Benchmark Henry Hub-TTF spread hits its tightest since April 2021, directly pressuring profitability for LNG giants like Cheniere as input costs rise faster than export prices.[4]
- Ongoing expansions like CCL Stage 3, with Trains 1-3 completed in 2025, position Cheniere for future volume growth but amplify margin risks with more US LNG capacity coming online.[1]
Cameco Stays on Track for Strong 2025 Finish Despite McArthur River Production Trim
- Q3 update trims 2025 McArthur River/Key Lake production to 14-15M lbs U3O8 (9.8-10.5M lbs Cameco share) from prior 18M lbs, hit by mining transition delays and Key Lake mill shutdown Sept 3-Oct 17, signaling short-term output pressure.
- Cigar Lake output up 16% YTD offsets declines, with steady 9.8M lbs share expected for 2025, bolstering overall uranium supply resilience.
- Locked in contracts for 28M+ lbs annual U3O8 deliveries over next five years—higher through 2027—plus narrowed sales guidance to 32-34M lbs, highlighting sustained utility demand.
Which Baskets Do They Appear In?
Post-IRA Energy Shift
A carefully selected group of energy companies positioned to benefit from potential U.S. policy changes affecting renewables. These stocks were handpicked by our analysts to give you exposure to nuclear, natural gas, and domestic manufacturers that could gain market share if Chinese-component taxes are implemented.
Published: June 30, 2025
Explore BasketWhich Baskets Do They Appear In?
Post-IRA Energy Shift
A carefully selected group of energy companies positioned to benefit from potential U.S. policy changes affecting renewables. These stocks were handpicked by our analysts to give you exposure to nuclear, natural gas, and domestic manufacturers that could gain market share if Chinese-component taxes are implemented.
Published: June 30, 2025
Explore BasketInvestment Analysis
Pros
- Cheniere Energy reported strong third quarter 2025 results with increased revenues and net income, reflecting robust operational performance.
- The company raised its quarterly dividend by over 10% in Q3 2025, demonstrating confidence in its cash flow generation.
- Cheniere has made a positive final investment decision on new liquefaction trains, supporting future capacity growth and long-term earnings visibility.
Considerations
- Cheniere's stock price is currently trading below its 50-day and 200-day moving averages, indicating near-term bearish sentiment.
- The company faces exposure to volatile global LNG demand and pricing, which can impact earnings stability.
- Cheniere's high beta relative to broader energy peers suggests greater sensitivity to market fluctuations and macroeconomic risks.
Cameco
CCJ
Pros
- Cameco Corporation benefits from strong long-term demand for uranium, driven by global nuclear energy expansion and supply constraints.
- The company maintains a solid balance sheet with low debt and significant liquidity, supporting resilience in volatile commodity markets.
- Cameco has secured long-term contracts with utilities, providing revenue visibility and reducing exposure to spot price swings.
Considerations
- Cameco's current price-to-earnings ratio is significantly higher than industry peers, raising concerns about valuation sustainability.
- The company's earnings are highly sensitive to uranium price movements, which can be unpredictable and subject to regulatory changes.
- Cameco faces operational risks related to mining activities, including regulatory scrutiny and potential production disruptions.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons
Cheniere Energy vs Imperial Oil
Cheniere Energy vs Imperial Oil
Cheniere Energy vs Targa Resources
Cheniere Energy vs Targa Resources
Cheniere Energy vs ONEOK
Cheniere Energy vs ONEOK