STOCK TITAN

Cheniere Energy Inc - LNG STOCK NEWS

Welcome to our dedicated page for Cheniere Energy news (Ticker: LNG), a resource for investors and traders seeking the latest updates and insights on Cheniere Energy stock.

Cheniere Energy Inc. (NYSE MKT: LNG) is a prominent energy company based in Houston, Texas, with a primary focus on liquefied natural gas (LNG) businesses. Cheniere operates the Sabine Pass LNG receiving terminal and the Creole Trail Pipeline in Louisiana. These assets are managed through Cheniere's general partner ownership interest in and management agreements with Cheniere Energy Partners, L.P. (NYSE MKT: CQP) and partial ownership interest in Cheniere Energy Partners Holdings, LLC (NYSE MKT: CQH).

Cheniere Partners is actively developing, constructing, and operating a liquefaction project at the Sabine Pass terminal. This project, known as the Sabine Pass Liquefaction Project (SPL Project), features up to six LNG trains with a combined nominal production capacity of approximately 27.0 million tonnes per annum (mtpa). Train 1 of the SPL Project commenced operations in May 2016, while Trains 2 through 5 are currently under construction, showcasing Cheniere's commitment to expanding its LNG output.

In addition to the Sabine Pass terminal, Cheniere is also developing and constructing additional liquefaction facilities at the Corpus Christi LNG Terminal in Texas. This expansion initiative underscores the company’s strategy to enhance its footprint in the global LNG market.

Cheniere Energy also operates Cheniere Marketing, which markets LNG using its own gas volumes, furthering its reach in the international energy markets. The company is continuously involved in strategic partnerships and projects that bolster its growth trajectory and operational capabilities.

Cheniere's financial health and operational efficiency have positioned it as a key player in the energy sector, making significant contributions to the LNG industry. By providing critical infrastructure and engaging in continuous development projects, Cheniere Energy plays a vital role in meeting the global demand for natural gas.

Latest News: Source: Cheniere Energy, Inc.
Source: Cheniere Energy Partners, L.P.
---

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
management
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
-
Rhea-AI Summary

Cheniere Energy, Inc. (NYSE American: LNG) will release its first quarter 2021 financial results on May 4, 2021, before the market opens. A conference call will follow at 11:00 a.m. ET to discuss these results. Cheniere is the leading U.S. producer and exporter of liquefied natural gas, with a capacity of approximately 45 million tonnes per annum from its Sabine Pass and Corpus Christi facilities. The company is actively pursuing further expansion opportunities to meet the growing global demand for natural gas.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
Rhea-AI Summary

Cheniere Energy (NYSE: LNG) has released its Climate Scenario Analysis Report, evaluating the long-term robustness of its operations against various climate scenarios through 2040. The report, aligned with the Task Force on Climate-related Financial Disclosures, emphasizes the strategic importance of LNG in the global shift towards a lower carbon economy. CEO Jack Fusco highlighted that the findings support the company's commitment to sustainable practices and strategic decision-making to address climate risks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
none
-
Rhea-AI Summary

Cheniere Energy, Inc. (NYSE American: LNG) announced the Substantial Completion of Train 3 at its Corpus Christi liquefaction project on March 26, 2021. This milestone, achieved ahead of the deadline and within budget, marks a total of eight completed liquefaction trains across Cheniere's projects. With this completion, LNG sales from Train 3 will now contribute to Cheniere's financial results. Cheniere is a leading LNG producer in the U.S., with significant production capabilities and ongoing expansion plans.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
Tags
none
-
Rhea-AI Summary

Cheniere Energy (NYSE American: LNG) has announced it will provide greenhouse gas (GHG) emissions data for each LNG cargo from its Sabine Pass and Corpus Christi facilities, starting in 2022. These Cargo Emissions Tags (CE Tags) aim to enhance transparency by quantifying GHG emissions from wellhead to delivery. The data will be generated using Cheniere’s proprietary lifecycle analysis model, incorporating various data sources. CEO Jack Fusco emphasized the importance of emissions transparency as a key step in supporting environmental performance and advancing towards a lower-carbon future.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
none
Rhea-AI Summary

Cheniere Energy reported significant financial results for Q4 and full year 2020, achieving a consolidated adjusted EBITDA of $1.05 billion and $3.96 billion, up 35% from 2019. Distributable cash flow surged approximately 75% to $330 million for Q4 and $1.35 billion for the year. However, the company faced net losses of $194 million for Q4 and $85 million for the year, influenced by non-cash derivative changes. Looking ahead, Cheniere has raised its 2021 guidance for EBITDA to $4.1-$4.4 billion and cash flow to $1.4-$1.7 billion, citing strong market conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
none

FAQ

What is the current stock price of Cheniere Energy (LNG)?

The current stock price of Cheniere Energy (LNG) is $192.58 as of November 5, 2024.

What is the market cap of Cheniere Energy (LNG)?

The market cap of Cheniere Energy (LNG) is approximately 42.4B.

What does Cheniere Energy Inc. do?

Cheniere Energy Inc. primarily engages in liquefied natural gas (LNG) businesses, operating terminals and pipelines in Louisiana and Texas.

Where are Cheniere Energy's main operations located?

Cheniere operates the Sabine Pass LNG terminal and Creole Trail Pipeline in Louisiana, and is constructing additional facilities at the Corpus Christi LNG Terminal in Texas.

What is the Sabine Pass Liquefaction Project?

The Sabine Pass Liquefaction Project involves developing up to six LNG trains at the Sabine Pass terminal, with a projected total production capacity of 27.0 mtpa.

When did the first train of the SPL Project commence operations?

Train 1 of the SPL Project commenced operations in May 2016.

What is the role of Cheniere Marketing?

Cheniere Marketing is responsible for marketing LNG using Cheniere's gas volumes, expanding the company's reach in global energy markets.

What are Cheniere Energy's stock symbols?

Cheniere Energy Inc. is traded under NYSE MKT: LNG, Cheniere Energy Partners, L.P. under NYSE MKT: CQP, and Cheniere Energy Partners Holdings, LLC under NYSE MKT: CQH.

How does Cheniere contribute to global energy needs?

Cheniere provides vital LNG infrastructure and continuously develops new projects to meet the growing global demand for natural gas.

Is Cheniere involved in any partnerships?

Yes, Cheniere engages in strategic partnerships and projects to bolster its growth and operational efficiency.

What is the estimated production capacity of the SPL Project?

The SPL Project is expected to have an aggregate nominal production capacity of approximately 27.0 million tonnes per annum (mtpa).

What kind of financial condition is Cheniere Energy in?

Cheniere Energy is considered to have a robust financial health and operational efficiency, positioning it as a key player in the energy sector.

Cheniere Energy Inc

NYSE:LNG

LNG Rankings

LNG Stock Data

42.35B
224.37M
0.65%
89.63%
1.5%
Oil & Gas Midstream
Natural Gas Distribution
Link
United States of America
HOUSTON