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Mar 31, 2020
Cheniere Q1 2020 Earnings Report
Cheniere's first quarter results were reported, showing increased net income and revenue.
Key Takeaways
Cheniere Energy, Inc. reported a net income of $375 million for the first quarter of 2020, compared to $141 million for the same period in 2019. The increase was primarily driven by increased total margins due to additional LNG volumes and net gains from commodity derivatives. The company reconfirmed its full-year 2020 guidance for Consolidated Adjusted EBITDA of $3.8 to $4.1 billion and Distributable Cash Flow of $1.0 to $1.3 billion.
Net income for Q1 2020 increased to $375 million, compared to $141 million in Q1 2019.
Consolidated Adjusted EBITDA for Q1 2020 was $1.04 billion, up from $0.65 billion in Q1 2019.
128 LNG cargoes were exported during the quarter.
Full-year 2020 guidance reconfirmed with Consolidated Adjusted EBITDA expected to be $3.8 to $4.1 billion.
Revenue by Segment
Forward Guidance
Cheniere reconfirmed its full year 2020 guidance of Consolidated Adjusted EBITDA of $3.8 to $4.1 billion, and Distributable Cash Flow of $1.0 to $1.3 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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