Cheniere Energy Stock Price, News & Analysis

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.

Cheniere Energy (LNG) has announced a long-term gas supply agreement with Tourmaline Oil Marketing Corp to supply 140,000 MMBtu/day of natural gas for 15 years, beginning in early 2023. This agreement will support the Corpus Christi Liquefaction Stage III project, which aims to produce approximately 10 mtpa. Tourmaline will receive an LNG-linked price based on the Platts Japan Korea Marker. Cheniere's CEO emphasized the breadth of its gas supply resources and the potential for Canadian natural gas to enter international markets, reinforcing Cheniere's growth strategy.

Cheniere Energy, Inc. (NYSE American: LNG) will release its second quarter 2021 financial results on August 5, 2021, prior to market opening. An investor conference call is scheduled for 11:00 a.m. ET, with a listen-only webcast available on their website. Cheniere is a leading U.S. producer and exporter of liquefied natural gas (LNG), operating a large liquefaction platform with a total capacity of approximately 45 million tonnes per annum. The company is also exploring expansion opportunities in the LNG sector.

Cheniere Energy, Inc. (NYSE American: LNG) has appointed Patricia K. Collawn and Lorraine Mitchelmore as independent directors to its Board, effective July 1, 2021. Collawn, CEO of PNM Resources, brings extensive leadership experience, while Mitchelmore, former CEO of Enlighten Innovations, adds valuable industry expertise. Both directors will enhance Cheniere's environmental and sustainability initiatives. Nuno Brandolini has retired from the Board after serving since 2000. This leadership change aims to strengthen Cheniere's position as a leading liquefied natural gas producer.