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Dec 31, 2022

Cheniere Q4 2022 Earnings Report

Cheniere reported strong Q4 2022 results driven by increased LNG margins and volumes.

Key Takeaways

Cheniere Energy, Inc. announced its Q4 and full year 2022 financial results, reporting revenues of $9.1 billion and net income of $3.9 billion for the quarter. The company's performance was driven by increased LNG margins and volumes. Cheniere also introduced full year 2023 financial guidance.

Cheniere generated revenues of approximately $9.1 billion and net income of approximately $3.9 billion for the three months ended December 31, 2022.

Consolidated Adjusted EBITDA increased approximately $1.8 billion for the three months ended December 31, 2022.

During the three months ended December 31, 2022, Cheniere prepaid approximately $2.2 billion of consolidated long-term indebtedness and repurchased approximately 4.4 million shares of common stock for over $700 million.

In November 2022, Cheniere achieved its first investment grade issuer rating from S&P Global Ratings.

Total Revenue
$9.09B
Previous year: $6.56B
+38.6%
EPS
$15.8
Previous year: -$5.22
-402.3%
LNG Cargoes Exported
166
Previous year: 153
+8.5%
LNG Volumes Exported
601
Previous year: 542
+10.9%
Gross Profit
$10.6B
Previous year: $11.9B
-11.5%
Cash and Equivalents
$1.35B
Previous year: $1.4B
-3.6%
Free Cash Flow
$2.46B
Previous year: $207M
+1088.9%
Total Assets
$41.3B
Previous year: $39.3B
+5.1%

Cheniere

Cheniere

Cheniere Revenue by Segment

Forward Guidance

Cheniere introduces full year 2023 Consolidated Adjusted EBITDA guidance of $8.0 - $8.5 billion and full year 2023 Distributable Cash Flow guidance of $5.5 - $6.0 billion.

Revenue & Expenses

Visualization of income flow from segment revenue to net income