Cheniere Energy Stock Price, News & Analysis

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.

Cheniere Energy, Inc. (LNG) has released its 2020 Corporate Responsibility report, titled Built for the Challenge. The report showcases the company's ESG strategy and actions taken during the COVID-19 pandemic. Key highlights include zero employee injuries, $3.6 million in community funding, and a 33% reduction in GHG emissions since 2016. Cheniere has also integrated an ESG metric into its compensation structure for 2021. The report aligns with top sustainability standards and emphasizes Cheniere's focus on climate and social responsibility.

Cheniere Energy (NYSE American: LNG) has announced a collaboration with five major natural gas producers and academic institutions to enhance the quantification, monitoring, reporting, and verification (QMRV) of greenhouse gas (GHG) emissions at production sites. This initiative aims to improve understanding of upstream GHG emissions and is part of Cheniere's climate strategy, which includes providing Cargo Emissions Tags to customers. The project will utilize advanced monitoring technologies and cover sites producing approximately 360 million standard cubic feet of natural gas per day across key production basins.

Cheniere Energy, Inc. (NYSE American: LNG) announced the supply of a carbon neutral LNG cargo to Shell, fulfilling their long-term agreement. This cargo was sourced from the Sabine Pass Liquefaction facility and delivered to Europe in April. To offset GHG emissions, Cheniere retired nature-based offsets, representing the CO₂e emissions across the LNG value chain. The collaboration aims to enhance environmental performance and meet rising carbon-neutral LNG demand. Cheniere plans to provide detailed GHG emissions data for its LNG cargoes starting in mid-2022.

Cheniere Energy reported strong first quarter 2021 results, with Consolidated Adjusted EBITDA of approximately $1.5 billion, a 40% increase year-over-year. Distributable Cash Flow surged 200% to about $750 million. The company achieved a net income of $393 million, or $1.56 per share, reflecting positive market margins. Full-year guidance has been raised to $4.3 - $4.6 billion for EBITDA and $1.6 - $1.9 billion for cash flow. Key operational milestones include the completion of Train 3 and a new 25-year LNG contract with CPC Corporation, Taiwan.