Cheniere Energy Inc

LNG

Equity

ISIN US16411R2085 / Valor 1144279

New York Stock Exchange, Inc (2025-03-12)

USD 215.16+1.79%

Cheniere Energy Inc
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About company

Cheniere Energy Inc is a global company headquartered in Houston, Texas, that specializes in providing liquefied natural gas (LNG) to markets around the world. Established in 2016, Cheniere is the largest producer of LNG in the United States and the second largest LNG operator globally. With LNG facilities in Southwest Louisiana and South Texas, the company has made significant investments in energy infrastructure, demonstrating its ability to execute projects efficiently. Cheniere's LNG production capacity is largely contracted through long-term agreements, providing stable cash flows, while also allowing for additional marketing opportunities in response to short-term natural gas supply and demand dynamics. The company's focus on clean, secure, and affordable energy aligns with the global trend towards cleaner energy sources, positioning Cheniere for continued growth as countries seek sustainable ways to power their economies.

Summarized from source with an LLMView SourceSector: Energy

Revenue Performance

Cheniere Energy Inc. reported revenues of $3.8 billion for the third quarter of 2024, a decrease from the $4.159 billion recorded in the same period of 2023. This represents a 10% decline year-over-year. For the nine months ended September 30, 2024, the company generated $11.3 billion in revenue, down from $15.571 billion in the corresponding period of the previous year, marking a 28% decrease.

Net Income

In the third quarter of 2024, Cheniere Energy Inc. achieved a net income of $0.9 billion, which is a significant drop from the $1.701 billion reported in the third quarter of 2023. Over the first nine months of 2024, the company's net income totaled $2.3 billion, compared to $8.504 billion in the same period of 2023, reflecting a 73% decline.

Adjusted EBITDA

Cheniere Energy Inc.'s consolidated adjusted EBITDA for the third quarter of 2024 was $1.5 billion, down from $1.663 billion in the same quarter of the previous year, representing an 11% decrease. For the nine months ended September 30, 2024, the adjusted EBITDA was $4.6 billion, a 36% decrease from the $7.120 billion reported in the same period of 2023.

Dividends and Share Repurchase

During the third quarter of 2024, Cheniere Energy Inc. increased its quarterly dividend by approximately 15% to $0.500 per share, payable on November 18, 2024. Additionally, the company repurchased approximately 1.6 million shares of common stock for $282 million during the quarter, as part of its comprehensive capital allocation plan.

Financial Outlook

Cheniere Energy Inc. has raised its full-year 2024 financial guidance, with consolidated adjusted EBITDA now expected to be between $6.0 billion and $6.3 billion, up from the previous range of $5.7 billion to $6.1 billion. The distributable cash flow guidance has also been increased to a range of $3.4 billion to $3.7 billion, from the prior range of $3.1 billion to $3.5 billion.

Summarized from source with an LLMView Source

Key figures

37.6%1Y

65.7%3Y

508%5Y

Performance

24.2%1Y

30.2%3Y

35.9%5Y

Volatility