Cheniere Energy Stock Price, News & Analysis

Cheniere Energy Partners, L.P. (CQP) achieved Substantial Completion of Train 6 at the Sabine Pass liquefaction project on February 4, 2022, ahead of schedule and within budget. This marks the completion of all six liquefaction trains at Sabine Pass, enhancing CQP's production capacity to approximately 30 mtpa of LNG. Financial results from Train 6 will now contribute to CQP's operations. The project highlights the effective collaboration between Cheniere and Bechtel, positioning CQP to expand further in the LNG market.

Cheniere Energy Partners, L.P. (CQP) announced a cash distribution of $0.70 per common unit, totaling $2.80 when annualized, to unitholders of record as of February 7, 2022. Payments will be made on February 14, 2022. The press release notes that 100% of distributions to foreign investors will incur federal income tax withholding at applicable rates. Cheniere Partners operates LNG facilities at the Sabine Pass terminal in Louisiana, with a total capacity of approximately 30 mtpa and owns the Creole Trail Pipeline.

Cheniere Energy, Inc. (NYSE American: LNG) has declared a quarterly cash dividend of $0.33 per common share, payable on February 28, 2022, to shareholders of record by February 7, 2022. Cheniere is a leading producer and exporter of liquefied natural gas in the U.S., with a total production capacity of approximately 45 million tonnes per annum. The company operates major facilities at Sabine Pass and Corpus Christi and is actively pursuing expansion opportunities within the LNG value chain.

Cheniere Energy, Inc. (NYSE American: LNG) announced its plans to release its fourth quarter and full year 2021 financial results on February 24, 2022, before market opening. A conference call for investors will take place at 11:00 a.m. ET that same day. This call will provide insights into the company’s performance.

Cheniere, a leader in liquefied natural gas production and export in the U.S., operates significant facilities, including Sabine Pass and Corpus Christi, and is expanding its liquefaction capabilities.

Cheniere Energy, Inc. (NYSE American: LNG) has signed a binding 20-year liquefied natural gas (LNG) sale and purchase agreement with Foran Energy Group Co., Ltd. The agreement, effective January 2023, involves the purchase of approximately 0.3 million tonnes per annum of LNG, priced based on the Henry Hub index plus a fee. This agreement strengthens Cheniere's position in the global LNG market and supports Foran's objectives to provide cleaner energy solutions in China, aligning with environmental goals.

Cheniere Energy Partners, L.P. (CQP) has announced the successful production of liquefied natural gas (LNG) at Train 6 of its Sabine Pass facility, marking an important milestone. The company expects to achieve Substantial Completion by Q1 2022, a year ahead of schedule. Upon completion, the facility's total production capacity will reach approximately 30 million tonnes per annum of LNG. The commissioning process involved 1,800 workers contributing over 5 million hours, highlighting Cheniere's commitment to efficient project execution amid rising global LNG demand.

Cheniere Energy announced a binding LNG sale and purchase agreement with Sinochem Group, commencing July 2022. Sinochem will initially purchase approximately 0.9 mtpa, increasing to 1.8 mtpa over the contract's 17.5-year term. The LNG prices are indexed to the Henry Hub price plus a fixed liquefaction fee. This contract highlights Cheniere’s competitive position in the global LNG market and supports its ongoing Corpus Christi Stage 3 project, which aims for over 10 mtpa production capacity.

Cheniere Energy reported a third-quarter 2021 Consolidated Adjusted EBITDA of approximately $1.1 billion and Distributable Cash Flow of around $390 million. Despite a net loss of about $1.1 billion for the quarter, the company raised its full-year 2021 EBITDA guidance to $4.6 - $5.0 billion. Looking ahead, 2022 EBITDA guidance is set between $5.8 - $6.3 billion. Cheniere also initiated a quarterly dividend of $0.33 per share, approved a $1.0 billion share repurchase program, and signed long-term LNG purchase agreements with ENN and Glencore.

Cheniere Energy Partners reported third-quarter 2021 financial results, with a net income of $381 million and adjusted EBITDA of $738 million. Year-to-date, net income reached $1.1 billion, up from $774 million in 2020. Revenues surged by 137% to $2.3 billion for the quarter, driven by higher LNG export volumes, which increased by 139%. The company declared a distribution of $0.680 per common unit, with 2021 full-year distribution guidance maintained at $2.60 - $2.70 per unit and $3.00 - $3.25 for 2022. Train 6 of the SPL Project is expected to achieve substantial completion in Q1 2022.