•
Mar 31, 2024

Cheniere Q1 2024 Earnings Report

Cheniere's Q1 2024 financial performance was announced, revealing a mix of challenges and strategic advancements.

Key Takeaways

Cheniere Energy, Inc. reported revenues of $4.3 billion and a net income of $0.5 billion for Q1 2024. The company reconfirmed its full-year 2024 Consolidated Adjusted EBITDA guidance of $5.5 billion - $6.0 billion and Distributable Cash Flow guidance of $2.9 billion - $3.4 billion.

Cheniere generated $4.3 billion in revenues during Q1 2024.

Net income for Q1 2024 was approximately $0.5 billion.

Consolidated Adjusted EBITDA for Q1 2024 reached approximately $1.8 billion.

The company reconfirmed its full year 2024 financial guidance.

Total Revenue
$4.22B
Previous year: $7.31B
-42.2%
EPS
$2.13
Previous year: $22.1
-90.4%
LNG Cargoes Exported
166
Previous year: 167
-0.6%
LNG Volumes Exported
602
Previous year: 603
-0.2%
Gross Profit
$1.52B
Previous year: $5.77B
-73.6%
Cash and Equivalents
$4.41B
Previous year: $2.95B
+49.6%
Free Cash Flow
$596M
Previous year: $2.71B
-78.0%
Total Assets
$42.9B
Previous year: $40.3B
+6.6%

Cheniere

Cheniere

Cheniere Revenue by Segment

Forward Guidance

Cheniere reconfirmed its full year 2024 Consolidated Adjusted EBITDA guidance of $5.5 billion - $6.0 billion and full year 2024 Distributable Cash Flow guidance of $2.9 billion - $3.4 billion.

Revenue & Expenses

Visualization of income flow from segment revenue to net income