Cheniere Energy (LNG) Tops Q1 EPS by 68c
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Cheniere Reports Strong First Quarter 2021 Results and Raises Full Year 2021 Guidance on Strengthening Global LNG Market Conditions
May 4, 2021 8:00 AM EDTÂ
HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (Cheniere) (NYSE American: LNG) today announced its financial results for first quarter 2021.
HIGHLIGHTS
Consolidated Adjusted EBITDA1 of approximately $1.5 billion for first quarter 2021, an increase of approximately 40% compared to first quarter 2020. Distributable Cash Flow1 of approximately $750 million for first quarter 2021, an increase of approximately 200% compared to first quarter 2020. Net income2 of $393 million, or $1.56 per sharebasic and $1.54 per sharediluted, for first quarter 2021. Increasing full year 2021 Consolidated Adjusted EBITDA guidance to $4.3 - $4.6 billion and full year 2021 Distributable Cash Flow guidance to $1.6... More