STOCK TITAN

Cheniere Declares Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Cheniere Energy, Inc. (NYSE American: LNG) announced a quarterly cash dividend of $0.33 per common share, payable on August 16, 2022, to shareholders of record by the close of business on August 9, 2022. As a leading producer and exporter of liquefied natural gas in the U.S., Cheniere operates major liquefaction facilities with a capacity of approximately 45 million tonnes per annum and more expansions in progress. This dividend declaration underscores Cheniere's commitment to returning value to shareholders.

Positive
  • Declared a dividend of $0.33 per share, showcasing financial stability.
  • Maintains a leading position in the LNG market with a production capacity of approximately 45 million tonnes per annum.
Negative
  • None.

HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) today announced that its Board of Directors has declared a quarterly cash dividend of $0.33 per common share payable on August 16, 2022 to shareholders of record as of the close of business on August 9, 2022.

About Cheniere

Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with total production capacity of approximately 45 million tonnes per annum of LNG in operation and an additional 10+ mtpa of expected production capacity under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.

For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, filed with the Securities and Exchange Commission.

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding regulatory authorization and approval expectations, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to Cheniere’s capital deployment, including intent, ability, extent, and timing of capital expenditures, debt repayment, dividends, and share repurchases, and (viii) statements regarding the COVID-19 pandemic and its impact on our business and operating results. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.

Cheniere Energy, Inc.

Investors

Randy Bhatia 713-375-5479

Frances Smith 713-375-5753

Media Relations

Eben Burnham-Snyder 713-375-5764

Phil West 713-375-5586

Source: Cheniere Energy, Inc.

FAQ

What is the dividend amount announced by Cheniere Energy?

Cheniere Energy announced a quarterly cash dividend of $0.33 per common share.

When will the dividend be paid to shareholders?

The dividend will be paid on August 16, 2022, to shareholders of record as of August 9, 2022.

How does Cheniere's production capacity impact its financial health?

Cheniere's significant production capacity of 45 million tonnes per annum positions it strongly in the LNG market, potentially enhancing its revenue and profit margins.

What are the forward-looking statements made by Cheniere Energy?

Cheniere's forward-looking statements include expectations regarding financial and operational guidance, business strategies, and market outlooks.

Cheniere Energy Inc

NYSE:LNG

LNG Rankings

LNG Latest News

LNG Stock Data

49.74B
222.05M
0.65%
90.52%
1.39%
Oil & Gas Midstream
Natural Gas Distribution
Link
United States of America
HOUSTON