Cheniere Energy Inc.
Cheniere Reports First Quarter 2024 Results and Reconfirms Full Year 2024 Financial Guidance
Summary
Cheniere Energy, Inc. reported its financial results for the first quarter of 2024, showing revenues of approximately $4.3 billion, net income of approximately $0.5 billion, Consolidated Adjusted EBITDA of approximately $1.8 billion, and Distributable Cash Flow of approximately $1.2 billion. The company reconfirmed its full year 2024 financial guidance for Consolidated Adjusted EBITDA of $5.5 billion - $6.0 billion and Distributable Cash Flow of $2.9 billion - $3.4 billion. Cheniere also repurchased approximately 7.5 million shares of common stock for about $1.2 billion, prepaid $150 million of consolidated long-term indebtedness, and declared a dividend of $0.435 per share of common stock for the first quarter 2024.
Profitelligence Alerts
Get alerts for LNG
Be first to know when Cheniere Energy Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Cheniere Energy Inc.
Cheniere Energy Inc. is a leading energy company primarily engaged in the liquefied natural gas (LNG) sector. Its main operation involves the production, transportation, and marketing of LNG to customers across the globe. Cheniere stands as a pivotal entity in the energy industry, facilitating international energy trade and addressing the growing demand for cleaner energy alternatives. The company operates major LNG export facilities, including the Sabine Pass LNG Terminal in Louisiana and the Corpus Christi LNG Terminal in Texas, which play critical roles in supplying LNG to various markets. Cheniere Energy collaborates with an array of global partners spanning numerous sectors such as power generation, industrial manufacturing, and energy trading. By leveraging cutting-edge technology and infrastructure, Cheniere contributes significantly to the global supply chain and energy security, emphasizing the importance of LNG as a transitional fuel in meeting carbon reduction goals and supporting economic development worldwide.
Official SEC Documents
Advertisement