•
Sep 30, 2022

Cheniere Q3 2022 Earnings Report

Cheniere reported strong quarterly earnings, confirmed its revised 2022 guidance, and implemented its '20/20 Vision' long-term capital allocation plan.

Key Takeaways

Cheniere Energy, Inc. announced its financial results for the third quarter 2022, reporting a net loss of approximately $2.4 billion. However, the company reconfirmed its full year 2022 Consolidated Adjusted EBITDA guidance of $11.0 - $11.5 billion and full year 2022 Distributable Cash Flow guidance of $8.1 - $8.6 billion.

Consolidated Adjusted EBITDA of approximately $2.8 billion.

Distributable Cash Flow of approximately $2.0 billion.

Net loss of approximately $2.4 billion.

Reconfirming full year 2022 Consolidated Adjusted EBITDA guidance of $11.0 - $11.5 billion and full year 2022 Distributable Cash Flow guidance of $8.1 - $8.6 billion.

Total Revenue
$8.85B
Previous year: $3.2B
+176.6%
EPS
-$9.54
Previous year: -$4.27
+123.4%
LNG Cargoes Exported
156
Previous year: 141
+10.6%
LNG Volumes Exported
558
Previous year: 500
+11.6%
Gross Profit
$19.9B
Previous year: $8.07B
+147.0%
Cash and Equivalents
$2.5B
Previous year: $2.2B
+13.7%
Free Cash Flow
$2.08B
Previous year: $363M
+473.8%
Total Assets
$43.6B
Previous year: $40.2B
+8.6%

Cheniere

Cheniere

Cheniere Revenue by Segment

Forward Guidance

Cheniere reconfirms full year 2022 Consolidated Adjusted EBITDA guidance of $11.0 - $11.5 billion and full year 2022 Distributable Cash Flow guidance of $8.1 - $8.6 billion.

Positive Outlook

  • Full year 2022 Consolidated Adjusted EBITDA guidance of $11.0 - $11.5 billion.
  • Full year 2022 Distributable Cash Flow guidance of $8.1 - $8.6 billion.
  • Expects to generate over $20 billion of available cash through 2026 and construction of the CCL Stage 3 Project.
  • Increased share repurchase authorization by $4.0 billion for an additional three years, beginning October 1, 2022.
  • Lowered its consolidated long-term leverage target to approximately 4.0x.

Revenue & Expenses

Visualization of income flow from segment revenue to net income