Cheniere Energy Stock Price, News & Analysis

Cheniere Energy, Inc. (LNG) has signed a long-term LNG sale and purchase agreement with PTT Global LNG Company Limited, a subsidiary of Thailand's state-owned PTT. Under this agreement, PTTGL will purchase 1.0 million tonnes per annum of LNG from Cheniere's Corpus Christi Liquefaction facility for 20 years starting in 2026. The pricing is indexed to the Henry Hub price, demonstrating Cheniere's commitment to tailored commercial offerings. This marks a significant step in enhancing energy security and sustainability in Southeast Asia.

Cheniere Partners announced a cash distribution of $1.06 per common unit for unitholders as of August 4, 2022. This includes a base distribution of $0.775 and a variable amount of $0.285, payable on August 12, 2022. The press release notes that all distributions to foreign investors are subject to federal income tax withholding. Cheniere Partners operates the Sabine Pass LNG terminal in Louisiana, capable of producing approximately 30 mtpa of LNG, and owns the Creole Trail Pipeline connecting to major interstate pipelines.

Cheniere Energy has signed a long-term LNG sale and purchase agreement with PetroChina's subsidiary, committing to supply up to 1.8 million tonnes per annum of LNG starting in 2026. The deal is structured on a free-on-board basis and is indexed to the Henry Hub price. Deliveries are set to increase to full capacity by 2028 and run through 2050. This agreement builds on Cheniere's existing relationship with PetroChina, raising total LNG sales to the company to approximately 3 million tonnes per annum, supporting China’s energy transition goals.

Cheniere Energy, Inc. (LNG) will release its Q2 2022 financial results on Thursday, August 4, 2022, before market opening. A conference call for investors and analysts is scheduled for 11:00 a.m. ET. The call will provide insights into the company's financial performance and future outlook. Cheniere, a leading liquefied natural gas producer in the U.S., operates major facilities with a total capacity of approximately 45 million tonnes per annum and has over 10 million tonnes per annum in expected production capacity under construction.

Cheniere Energy, Inc. (LNG) announced long-term liquefied natural gas (LNG) sale agreements with Chevron (CVX) for a combined 2.0 million tonnes per annum. The first agreement involves Chevron purchasing 1.0 mtpa from Sabine Pass Liquefaction, starting in 2026. The second contract is for 1.0 mtpa from Cheniere Marketing, commencing in 2027, contingent upon a positive investment decision for new liquefaction capacity. Both agreements highlight increasing LNG demand and are tied to the Henry Hub price. Early termination of an LNG Terminal Use Agreement with Chevron is also noted.

Cheniere Energy, Inc. (LNG) announced a significant milestone with the Financial Investment Decision (FID) for the Corpus Christi Stage 3 Liquefaction Project, allowing construction to continue with Bechtel Energy. This project aims to enhance Cheniere's LNG infrastructure, providing over 10 million tonnes per annum to the global market by the end of 2025. Additionally, Cheniere secured $4 billion in senior secured loans and a $1.5 billion working capital facility to finance the project, demonstrating their commitment to expanding LNG production and infrastructure.

Cheniere Energy, Inc. (LNG) has released its 2021 Corporate Responsibility report titled Acting Today, Securing Tomorrow. The report emphasizes the company's ESG initiatives, which include a 34% reduction in Scope 1 greenhouse gas emissions intensity since 2016 and plans to increase employee ESG-related performance compensation from 17% to 30%. With around 75% of its LNG volumes delivered to Europe this year, Cheniere highlights its role in enhancing energy security. The report aligns with TCFD and SASB guidelines and features the introduction of Cargo Emissions Tags for customers.

Cheniere Energy, Inc. (LNG) announced a $350 million share repurchase agreement with Icahn Enterprises at $130.52 per share, funded from its cash reserves. This transaction forms part of a broader $1 billion share repurchase program and is expected to close by June 21, 2022. Following the repurchase, Icahn Enterprises will hold fewer than 7,741,412 shares, resulting in the resignation of its board appointee. CEO Jack Fusco emphasized this move as a demonstration of confidence in the company’s future amidst a growing global demand for natural gas.

Cheniere Energy, Inc. (NYSE American: LNG) announced a 15-year LNG sale and purchase agreement with Equinor ASA, involving approximately 1.75 million tonnes per annum (mtpa) of LNG. Deliveries will start in H2 2026, reaching full capacity by H2 2027. Approximately 0.9 mtpa is conditioned on Cheniere making a positive final investment decision for additional liquefaction at Corpus Christi LNG Terminal. This partnership highlights Cheniere's commitment to meeting global energy demands sustainably.