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Cheniere Energy
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$63.7B
Market Cap
—
P/E
0.66
PEG
20.9%
ROCE
58.7%
ROE
2.02
D/E
47.0%
OPM
-2.2%
% from 52W High
81
α RS
🔍 LNG is showing a multi-screen setup because it matches 24 of 39 tracked screener presets, Sector RRG has Energy in the Leading quadrant with the trail still strengthening, RS Rating is 81, and it has maintained a 25-day Near 52-Week High momentum persistence. Net: Broad signal stack, not a recommendation. ? Conviction RRG RS Rating Momentum Streaks
Sources
Conviction 24/39 · Energy in Leading quadrant · RS Rating 81 · Near 52-Week High streak: 25d
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🌏 Global Investor Returns
Currency-adjusted total returns for LNG including FX impact
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📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
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About

Cheniere Energy, Inc., an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. The company owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns and operates the Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several large interstate and intrastate pipelines; and the Corpus Christi pipeline, a 21-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with interstate and intrastate natural gas pipelines. In addition, the company engages in the LNG and natural gas marketing business. Cheniere Energy, Inc. was incorporated in 1983 and is headquartered in Houston, Texas.

Key Ratios Snapshot
📈 Growth Pattern
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 314.2K $89.2M 0.14% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q2 2026
Revenue
$5.73B
+24% YoY
Adjusted EBITDA
$1.80B
+27% YoY
Distributable Cash Flow
$1.17B
Not provided
Net Income
$3.07B
+89% YoY
What Went Right
  • Q2 consolidated adjusted EBITDA reached ~$1.8B with DCF of ~$1.2B and net income above $3B.
  • Exported 184 cargoes / 672 TBtu, up 22% YoY, helped by Stage 3 ramp and better reliability.
  • SPL Phase 1 de-risked: signed ~$4.7B EPC contract with Bechtel and launched debt financing.
What to Watch
  • Strait of Hormuz disruption cut Qatari/UAE LNG exports by ~18 million tonnes in Q2.
  • Europe's storage deficit vs last year is ~11 BCM and the 80% winter fill target may be missed.
  • China's demand flexibility is near its limit, reducing a key global market shock absorber.
Management Guidance
  • FY2026 consolidated adjusted EBITDA raised to $7.9B–$8.4B from $7.25B–$7.75B.
  • FY2026 distributable cash flow raised to $5.3B–$5.8B from $4.75B–$5.25B.
  • FY2026 production forecast tightened to 53–54 million tonnes; CQP distribution maintained at $3.10–$3.40 per unit.
Investor Lens
The thesis is stronger after this quarter. Cheniere converted operational reliability and tight global LNG markets into a second straight guidance raise, lifting the FY26 EBITDA midpoint by $650M. The signed Bechtel EPC contract and financing progress put SPL Phase 1 on track for FID early next year, while buybacks and dividend growth continue. The key risk is macro — prolonged Hormuz disruption and Europe's storage deficit keep the market volatile, but Cheniere's contracted cash-flow model and upside from optimization remain well-positioned.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Strong Q2: EBITDA $1.8B, FY guidance raised to $8.4B.
Revenue
Q2 revenue was $5.73B, up 24% YoY from $4.64B. Growth was driven by higher LNG volumes from Stage 3 and elevated marketing margins amid continued gas price volatility.
Profitability
Net income was $3.07B, up ~89% from $1.63B in Q2 2025, helped by non-cash derivative gains related to long-term IPM agreements. Adjusted EBITDA rose 27% YoY to $1.80B.
Margins
Adjusted EBITDA margin was approximately 31.5% ($1.80B / $5.73B), up from roughly 30.5% in Q2 2025. Higher realized marketing margins and stronger utilization supported the improvement.
Balance Sheet
Cheniere issued $1B 2036 and $750M 2056 notes at CQP, used proceeds to redeem $1.5B of 2027 SPL notes, and preserved $2.75B of credit capacity. Growth capex was ~$1.1B in Q2, funded with ~$200M equity and ~$900M debt.
Key Risks
Management flagged continued geopolitical disruption from the Strait of Hormuz, Europe's slow storage rebuild and possible winter shortfall, and the limited remaining open 2026 volumes (<50 TBtu) that reduce upside flexibility.
Outlook
FY2026 adjusted EBITDA guidance raised to $7.9B–$8.4B and DCF to $5.3B–$5.8B. Management expects to provide the 2027 production forecast and open capacity on the next call, with SPL Phase 1 FID anticipated early 2027.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-06
Q2 2026 saw strong financial and operational performance, with adjusted EBITDA of $1.8B, net income over $3B, and a 20% year-over-year increase in LNG exports. Full-year guidance was raised, major expansion projects advanced, and capital returns to shareholders remained robust.
Q1 2026 Q1 2026 2026-05-07
Record Q1 LNG production and exports drove adjusted EBITDA above $2.3B, prompting a $500M upward revision to full-year guidance. Geopolitical disruptions tightened global LNG supply, boosting demand for secure U.S. volumes and supporting robust capital returns.
Q4 2025 Q4 2025 2026-02-26
Record 2025 results with $6.94B EBITDA and $5.3B net income, driven by strong LNG production and reliability. 2026 guidance anticipates higher production but lower spot margins, with over 95% of capacity contracted and a $10B share buyback plan extended through 2030.
Q3 2025 Q3 2025 2025-10-30
Substantial progress on Corpus Christi Stage 3 and strong Q3 financials led to raised 2025 DCF guidance. Over 90% of 2026 volumes are contracted, supporting robust cash flow, while disciplined capital allocation and accelerated project timelines position the company for record LNG production next year.
Q2 2025 Q2 2025 2025-08-07
Q2 2025 saw strong financial results, major project milestones, and upwardly revised guidance. New long-term contracts and successful maintenance support growth, while capital allocation remains disciplined and market conditions favor continued expansion.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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