Financial Performance - Cheniere Energy, Inc. reported third-quarter 2024 adjusted profit of $3.93 per share, exceeding the Zacks Consensus Estimate of $1.79 and up from $2.37 in the same quarter last year, attributed to a decrease in costs and expenses [1] - Revenues totaled $3.8 billion, surpassing the Zacks Consensus Estimate of $3.7 billion, driven by a year-over-year increase in other revenues to $175 million, which beat the consensus estimate by 15.9%. However, this represents a 9.5% decrease from $4.2 billion in the year-ago quarter due to reduced LNG revenues [2] - Consolidated adjusted EBITDA was $1.5 billion, down 11.7% from the previous year, influenced by moderating international gas prices and a higher share of LNG sold under long-term contracts, resulting in lower margins [5] - Distributable cash flow (DCF) was reported at $0.8 million, with 158 cargoes shipped compared to 152 in the prior year, and total LNG exports increased to 568 trillion British thermal units (TBtu) from 545 TBtu [6] Dividend and Shareholder Returns - Cheniere increased its quarterly dividend by approximately 15%, raising it to 50 cents per share, payable on November 18, 2024 [3] Environmental Initiatives - In October 2024, Cheniere introduced a voluntary target to reduce Scope 1 methane emissions intensity at its liquefaction facilities, aligning with its broader climate strategy and the United Nations Environment Programme's Oil & Gas Methane Partnership 2.0 [4] Credit Ratings and Financial Health - Fitch Ratings upgraded Cheniere Corpus Christi Holdings, LLC's credit rating from BBB to BBB+, marking the 22nd upgrade since 2021. S&P Global Ratings revised the outlook from stable to positive in October 2024 [11] Costs and Balance Sheet - Costs and expenses for the third quarter amounted to $2.1 billion, down 50.7% from the prior year [12] - As of September 30, 2024, Cheniere had approximately $2.7 billion in cash and cash equivalents, with net long-term debt of $22.5 billion and a debt-to-capitalization ratio of 70.7% [12] Future Guidance - The company expects consolidated adjusted EBITDA in the range of $6 billion to $6.3 billion for 2024, with DCF projected between $3.4 billion and $3.7 billion [13] Project Updates - Cheniere operates six natural gas liquefaction trains at the Sabine Pass LNG terminal with a total production capacity of approximately 30 million tons per annum (mtpa) [14] - The SPL Expansion Project is being developed with an anticipated production capacity of up to 20 mtpa [15] - The CCL Project operates three liquefaction trains with a total capacity of around 15 mtpa, and the CCL Stage 3 Project is expected to exceed 10 mtpa [17][18] - As of September 30, 2024, the CCL Stage 3 Project is 67.8% complete, with substantial completion expected between the first half of 2025 and the second half of 2026 [19]

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Covering Cheniere Energy (NYSE: LNG ) comes with bittersweet feelings. On the one hand, since I gave the stock a Strong Buy rating on May 8, it's up roughly 20%, beating the S&P 500 by ten points. On the other hand, I'mAnalyst’s Disclosure: I/we have no stock, option or similar ...

Cheniere Energy, Inc. (NYSE:LNG) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Randy Bhatia - VP of IR Jack Fusco - President and CEO Anatol Feygin - EVP and Chief Commercial Officer Zach Davis - EVP and CFO Conference Call Participants Jeremy Tonet - JPMorgan Theresa Chen - Barclays Michael Blum - Wells Fargo Keith Stanley - Wolfe Research Ben Nolan - Stifel Bob Brackett - Bernstein Research Jean Ann Salisbury - Bank of America John Mackay - Goldman Sachs Craig Shere - ...

Cheniere Energy, Inc. Third Quarter 2024 October 31, 2024 CHENIERE Safe Harbor Statements Forward-Looking Statements This presentation contains certain statements that are, or may be deemed to be, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical or present facts or conditions, included or incorporated by reference herein are "forward ...

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Cheniere Energy (LNG) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question. Cheniere Energy is one of 242 companies in the Oils-Energy group. The Oils-Energy group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector group ...

Cheniere Energy (LNG) came out with quarterly earnings of $3.93 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $2.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 119.55%. A quarter ago, it was expected that this natural gas company would post earnings of $1.71 per share when it actually produced earnings of $3.84, delivering a surprise of 124.56%.Over the last four quarters, ...

EXHIBIT 99.1 CHENIERE ENERGY, INC. NEWS RELEASE Cheniere Reports Third Quarter 2024 Results and Raises Full Year 2024 Financial Guidance HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. ("Cheniere") (NYSE: LNG) today announced its financial results for the third quarter 2024. THIRD QUARTER 2024 SUMMARY FINANCIAL RESULTS | --- | --- | --- | |------------------------------------|-----------------------------------------------|----------------------------------------------| | (in billions) | Three Months Ended ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16383 CHENIERE ENERGY, INC. (Exact name of registrant as specified in its charter) Delaware 95-4352386 (State or other jurisdiction of ...

Diversified Energy Company PLC (DEC) has entered into a three-year liquefied natural gas (LNG) supply agreement with a well-known Gulf Coast LNG export facility, signifying a major step toward global energy security. The supply contract, set to begin in November 2024, includes the provision of supplying 40 billion cubic feet of natural gas and will take place under a fixed pricing strategy indexed to rates in the Gulf Coast. The deal highlights DEC’s dedication to ensuring energy security for companies glob ...

Exxon Mobil Corporation (XOM) and QatarEnergy, partners in the Golden Pass LNG venture, received a three-year extension from federal regulators to complete the construction of their major liquefied natural gas (LNG) export facility on the Texas coast, per Reuters. The decision by the Federal Energy Regulatory Commission comes after significant delays tied to the bankruptcy of the project's primary contractor, Zachry Holdings.The Golden Pass LNG facility, a $10-billion endeavor, aims to produce 18 million me ...