Cheniere Energy Stock Price, News & Analysis

Cheniere Energy Partners (CQP) announced early results for its tender offer to purchase 5.625% Notes due 2026, with a deadline on October 12, 2021. As of the early tender deadline on September 24, 2021, $672.33 million of the $1.1 billion in outstanding Notes were tendered, representing 61.12% of the total. The total consideration for accepted notes is $1,030 each, which includes a $50 early tender premium. The company also secured the necessary consents to amend the indenture for reduced redemption notice periods. The Early Settlement Date is set for September 27, 2021.

Cheniere Energy Partners, L.P. (CQP) has priced its offering of Senior Notes due 2032 at 3.25% interest, maturing on January 31, 2032. The offering is expected to close on September 27, 2021. Proceeds will be used to refinance existing senior notes due 2026 and part of Sabine Pass Liquefaction’s senior notes due 2022. The CQP 2032 Notes will rank equally with existing senior notes. This offering has not been registered under the Securities Act and may not be sold in the U.S. without proper registration or exemption.

Cheniere Energy Partners, L.P. (NYSE American: CQP) has initiated a cash tender offer to buy back all of its $1.1 billion of outstanding 5.625% Notes due 2026. The offer details include a tender consideration of $980 per $1,000 principal amount, plus an early tender premium of $50. The tender offer will expire on October 12, 2021, unless extended. The company is also soliciting consents to amend certain indenture provisions. To proceed, Cheniere must secure at least $1.2 billion in gross proceeds from debt financing.

Cheniere Energy Partners, L.P. (CQP) announced its intention to offer $1.2 billion in Senior Notes due 2032. The proceeds will be used to refinance existing senior notes due in 2026 and a portion of Sabine Pass Liquefaction, LLC's senior notes due 2022, along with other fees and expenses. The new notes will rank equally with existing senior notes. The offering has not been registered under the Securities Act, and sales are restricted absent registration or exemption. Forward-looking statements regarding business strategy and objectives are included, highlighting potential risks and uncertainties.

Cheniere Energy announced a long-term capital allocation plan to strengthen its balance sheet, return capital to shareholders, and invest in growth. Key highlights include a target of ~$1 billion in annual debt repayment until investment-grade metrics are achieved, and the initiation of a quarterly dividend of $0.33 per share starting in Q3 2021. The company also plans to resume a $1 billion share repurchase program and anticipates generating ~$10 billion in cumulative Distributable Cash Flow through 2024.

Cheniere Energy, Inc. (LNG) announced the pricing of $750 million Senior Secured Notes due 2039, with an interest rate of 2.742%. The CCH 2039 Notes will mature on December 31, 2039, and will be fully amortizing with semi-annual payments. Proceeds will be used to prepay a portion of CCH’s term loan credit facility. The notes will rank equally with existing senior secured debts and will be secured by assets and equity interests of CCH. The offering has not been registered under the Securities Act and may not be sold in the U.S. without registration.

Cheniere Energy announced its subsidiary, Cheniere Corpus Christi Holdings, intends to offer Senior Secured Notes due 2039. The CCH 2039 Notes will be amortizing with semi-annual principal and interest payments. Proceeds from this offering will be used to prepay a portion of the outstanding amount under CCH's term loan credit facility due 2024. The notes will have a first priority security interest in CCH’s assets and rank equally with existing secured debt. The offering has not been registered under the Securities Act and is subject to market conditions.

Cheniere Energy, Inc. (NYSE American: LNG) has published a peer-reviewed life cycle assessment (LCA) study on liquefied natural gas (LNG) that enhances greenhouse gas (GHG) emissions evaluation. This pioneering analysis utilizes specific GHG emissions data from Cheniere's LNG supply chain, presenting a lower GHG intensity compared to previous studies using generic data. The study will serve as a foundational tool for Cheniere’s Cargo Emissions Tags (CE Tags) and reflects the company's ongoing commitment to improving environmental performance.

Cheniere Energy reported Q2 2021 financial results, showcasing a consolidated adjusted EBITDA of approximately $1.0 billion and a net loss of $329 million. The company increased its full-year EBITDA guidance to between $4.6 billion and $4.9 billion due to enhanced LNG market margins. Distributable cash flow rose by 30% year-over-year, totaling $340 million for Q2 and $1.09 billion for the first half. Notably, S&P Global Ratings upgraded Cheniere's credit outlook to positive. Additionally, CCL Stage III entered a 15-year gas purchase agreement with Tourmaline Oil.