earnings
confidence high
sentiment positive
materiality 0.80
Cheniere Energy Q2 2024 net income $880M; raises full-year EBITDA guidance to $5.7-6.1B
Cheniere Energy, Inc.
2024-Q2 EPS reported
$5.96
revenue$7,504,000,000
- Q2 revenue $3.3B (down 21% YoY); net income $880M vs $1.37B prior year; adjusted EBITDA $1.3B.
- Full-year 2024 EBITDA guidance raised to $5.7-6.1B (from $5.5-6.0B); DCF guidance raised to $3.1-3.5B.
- YTD repurchased ~10.7M shares for $1.7B; repaid $300M debt; quarterly dividend $0.435/share.
- Board authorized additional $4B share repurchase through 2027; quarterly dividend to rise 15% to $2.00 annualized.
- Entered long-term LNG SPA with Galp for ~0.5 mtpa starting early 2030s; FERC positive EA for CCL Midscale Trains 8&9.