Cheniere Energy, Inc. (NYSE:LNG) announced the appointment of Jonathan Christodoro and Samuel Merksamer to the Board of Directors, effective immediately. With these additions, the Cheniere Board now comprises eleven directors.

Mr. Christodoro and Mr. Merksamer are Managing Directors of Icahn Capital LP, a subsidiary of Icahn Enterprises L.P. (NASDAQ:IEP).

“We look forward to working with our new board members and will continue to focus on creating value for our shareholders.” said Charif Souki, Chairman and CEO of Cheniere.

Carl Icahn commented: “As we have done with a number of companies in the past, we hope to contribute meaningfully as Board members towards enhancing shareholder value at Cheniere.”

Jonathan Christodoro has served as a Managing Director of Icahn Capital LP since July 2012.  He currently serves as a director on the boards of PayPal Holdings, Inc., American Railcar Industries, Inc.,Hologic, Inc., Herbalife Ltd., and Enzon Pharmaceuticals, Inc.

Samuel Merksamer is a Managing Director of Icahn Capital LP, where he has been employed since May 2008. He currently serves as a director on the boards of Transocean Partners LLC, Hertz Global Holdings, Inc., Hologic, Inc., Transocean Ltd. and Navistar International Corporation. (Original Source)

Shares of Cheniere Energy Inc. closed last Friday at $61.93. LNG has a 1-year high of $85 and a 1-year low of $58.10. The stock’s 50-day moving average is $66.59 and its 200-day moving average is $73.20.

On the ratings front, Cheniere Energy has been the subject of a number of recent research reports. In a report issued on August 18, BTIG analyst William Frohnhoefer maintained a Buy rating on LNG, with a price target of $100, which represents a potential upside of 61.5% from where the stock is currently trading. Separately, on August 5, Credit Suisse’s Abhiram Rajendran assigned a Buy rating to the stock and has a price target of $86.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, William Frohnhoefer and Abhiram Rajendran have a total average return of 4.6% and 20.1% respectively. Frohnhoefer has a success rate of 28.2% and is ranked #1390 out of 3737 analysts, while Rajendran has a success rate of 72.7% and is ranked #447.

Cheniere Energy Inc is engaged in LNG-related businesses. It owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P.