Cheniere(LNG)

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LNG Energy Group Provides an Operational Update
GlobeNewswire News Room· 2024-11-21 01:35
TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FWB: E26) (the “Company” or “LNG Energy Group”) today provided an operational update in respect of its Colombian operations. Gas Sales Agreements As previously announced on October 21, 2024, as a result of unexpected production restrictions at certain wells in the Bullerengue natural gas field, the Company has had to limit natural gas deliveries under certain gas sales agreements dedicated to suppl ...
Dynagas LNG Partners LP Announces Date for the Release of the Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-20 21:10
ATHENS, Greece, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will release its financial results for the third quarter results ended September 30, 2024, before market opens in New York on Friday, November 22, 2024. The Partnership will not host a conference call to present the three- and nine-months results ended September 30, 2024. However, Dynagas LNG Partners remains commit ...
LNG New-Build and Expansion Outlook 2024: 237 Projects are Projected to Start Operations by 2028 - Explore Liquefaction and Regasification Projects by Development Stage, Capacity, and Total Cost
GlobeNewswire News Room· 2024-11-18 16:09
Dublin, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The "LNG New-Build and Expansion Projects Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.Globally, a total of 237 LNG projects are expected to start operations from 2024 to 2028. Of these, 154 represent regasification projects and 83 are liquefaction projects. Asia dominates globally with the highest number of LNG regasification projects (99) by 2028. China leads among the countries with 35 regasification projects expected to start oper ...
NuVista Energy Ltd. Announces Strong Third Quarter 2024 Financial and Operating Results, LNG Agreement, 2025 Budget, and Enhanced Shareholder Return Strategy
GlobeNewswire News Room· 2024-11-08 12:00
CALGARY, Alberta, Nov. 08, 2024 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) is pleased to announce strong financial and operating results for the three and nine months ended September 30, 2024, and to provide an update on our operational performance. The quality and composition of our asset base consistently enables us to generate strong returns across commodity price cycles. Subsequent to the third quarter, our daily production has reached new record levels, as we contin ...
Air Products Reports Fiscal 2024 Fourth Quarter GAAP EPS of $8.81 and Adjusted EPS of $3.56
Prnewswire· 2024-11-07 11:00
Fiscal Year 2024 (comparisons versus prior year): GAAP EPS# of $17.24, up 67 percent; GAAP net income of $3.9 billion, up 65 percent; and GAAP net income margin of 31.9 percent, up 1,330 basis points Adjusted EPS* of $12.43, up eight percent; adjusted EBITDA* of $5.0 billion, up seven percent; and adjusted EBITDA margin* of 41.7 percent, up 440 basis pointsQ4 FY24 (comparisons versus prior year): GAAP EPS# of $8.81, up 186 percent; GAAP net income of $2.0 billion, up 181 percent; and GAAP net income margin ...
Cheniere Energy's Q3 Earnings Beat Estimates, Revenues Down Y/Y
ZACKS· 2024-11-06 13:06
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]
Cheniere Energy Remains A Strong Buy Wide-Moat Powerhouse
Seeking Alpha· 2024-11-03 23:58
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(LNG) - 2024 Q3 - Earnings Call Transcript
2024-10-31 18:35
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(LNG) - 2024 Q3 - Earnings Call Presentation
2024-10-31 15:23
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 ...
Is Cheniere Energy (LNG) Outperforming Other Oils-Energy Stocks This Year?
ZACKS· 2024-10-31 14:45
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 ...