earnings
confidence high
sentiment positive
materiality 0.75
Cheniere Q3 net income $0.9B, revenue $3.8B; raises FY2024 guidance and dividend
Cheniere Energy, Inc.
2024-Q3 EPS reported
$9.88
revenue$11,267,000,000
- Revenue $3.8B (-10% YoY), net income $0.9B (-48% YoY) for Q3 2024.
- Raised full-year Consolidated Adjusted EBITDA guidance to $6.0-$6.3B and Distributable Cash Flow to $3.4-$3.7B.
- Quarterly dividend increased ~15% to $0.500/share, payable Nov 18, 2024; record date not stated.
- Year-to-date repurchased 12.2M shares for $2.0B and repaid $450M of long-term debt.
- CCL Stage 3 project 67.8% complete; first LNG production expected by end of 2024.