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Dec 31, 2023

Cheniere Q4 2023 Earnings Report

Cheniere's financial results for Q4 and Full Year 2023 were announced.

Key Takeaways

Cheniere Energy, Inc. reported Q4 2023 revenues of $4.8 billion and net income of $1.4 billion. Full year 2023 Consolidated Adjusted EBITDA was at the high end of the guidance range, and Distributable Cash Flow was above guidance. The company also introduced full year 2024 financial guidance.

Generated revenues of approximately $4.8 billion and net income of approximately $1.4 billion for the quarter ended December 31, 2023.

Full year 2023 Consolidated Adjusted EBITDA results are at the high end of the most recent guidance range, and full year 2023 Distributable Cash Flow results are above the most recent guidance range.

Introduced 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.

From January 1, 2024 through February 16, 2024, Cheniere has repurchased approximately 2.9 million shares for over $450 million, reducing the number of shares outstanding to below 235 million.

Total Revenue
$4.75B
Previous year: $9.09B
-47.7%
EPS
$5.76
Previous year: $15.8
-63.5%
LNG Cargoes Exported
169
Previous year: 166
+1.8%
LNG Volumes Exported
616
Previous year: 601
+2.5%
Gross Profit
-$5.28B
Previous year: $10.6B
-150.1%
Cash and Equivalents
$4.07B
Previous year: $1.35B
+200.5%
Free Cash Flow
$1.03B
Previous year: $2.46B
-58.2%
Total Assets
$43.1B
Previous year: $41.3B
+4.4%

Cheniere

Cheniere

Cheniere Revenue by Segment

Forward Guidance

Cheniere introduced 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