NYSE$LNG

Cheniere Energy Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Cheniere Energy reported Q1 2025 total revenues of $5.4B with net income of $668M and diluted EPS of $1.57.

Total revenues rose to $5.4B from $4.3B a year ago as LNG volumes and pricing moved with long-term SPA and IPM contracts. Net income was $668M, or $1.57 per diluted share, down from $2.13 as fair-value losses on commodity derivatives and lower Cheniere-attributable income weighed on results.

  • Q1 total revenues $5.4B (+28% YoY).
  • Net income $668M; diluted EPS $1.57.
  • Declared quarterly dividend of $0.50 per share.
  • Derivative fair-value swings tied to volatile global gas spreads.
  • ~90% of recognized LNG volumes under long-term contracts.

Headline financials

Total Revenue

$5.44B

Previous: $4.25B+28.0%
EPS (adj)

$1.57

Previous: $2.13-26.3%
Capital Expenditures

-$623M

Previous: -$650M+4.2%
Net Income

$668M

Previous: $502M+33.1%
Operating Income

$961M

Previous: $1.15B-16.7%

Revenue & EPS history

Cheniere · Revenue · Quarterly

$5.44B

Q1 2025+28%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Cheniere · $4.01B total across 2 segments · Q3 2023

  • LNG Revenues
    $3.97B-51.7%
  • Regasification Revenues
    $34M-92.5%

Forward guidance

Energy producers focus on volumes, hedging, dividends, and project execution rather than long-range EPS targets in the quarterly filing.

Tailwinds

  • Long-term contract volumes underpin revenue visibility.
  • Dividends and buybacks when cash generation allows.
  • LNG demand growth and export capacity utilization.

Headwinds

  • Commodity and basis-spread volatility.
  • Derivative fair-value swings on hedges.
  • Regulatory and permitting timelines for expansion.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.2%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+3.3%

Avg return

30 days after

58%

35 / 60 earnings

Positive

+12.6%

Q4 2011

Best reaction

-23.5%

Q2 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.0%-10.7%-11.5%
Q4 2025+5.3%+11.5%+34.5%
Q3 2025+0.3%-2.1%-1.3%
Q2 2025-1.6%-4.0%-1.6%
Q1 2025-0.7%-2.5%+1.8%
Q4 2024+3.7%-1.3%+3.7%
Q3 2024+3.1%+5.9%+23.1%
Q2 2024+3.1%+2.4%+1.7%
Q1 2024-2.4%-2.2%-1.8%
Q4 2023-4.1%-6.9%-2.9%
Q3 2023+2.9%+0.2%+7.7%
Q2 2023+2.6%+2.5%+5.2%
Q1 2023-6.2%-3.1%-7.0%
Q4 2022+6.7%+6.4%-0.4%
Q3 2022-3.8%-2.9%-2.2%
Q2 2022+0.9%+2.5%+11.7%
Q1 2022+1.7%-4.4%+1.1%
Q4 2021+8.7%+8.7%+25.5%
Q3 2021+2.1%+1.2%-2.0%
Q2 2021-0.9%+2.6%+5.2%
Q1 2021+2.8%+4.9%+10.7%
Q4 2020-1.7%-1.8%+6.6%
Q3 2020+4.6%+8.9%+20.8%
Q2 2020+2.2%+2.7%-0.3%
Q1 2020-5.3%-7.8%-2.9%
Q4 2019-7.0%-1.2%-33.1%
Q3 2019+1.4%-0.8%-1.6%
Q2 2019+2.2%-0.4%+1.6%
Q1 2019+6.3%+5.1%+5.9%
Q4 2018+1.4%-1.0%+2.5%
Q3 2018+1.1%-3.4%-2.3%
Q2 2018+4.0%+5.1%+9.0%
Q1 2018+6.0%+5.8%+11.9%
Q4 2017-3.1%-3.0%-10.4%
Q3 2017-0.2%-1.2%+1.0%
Q2 2017-0.3%-1.3%-0.4%
Q1 2017+2.5%+0.7%+6.7%
Q4 2016-1.9%-2.9%-5.9%
Q3 2016+1.8%+4.1%+14.0%
Q2 2016-2.2%+0.1%+6.8%
Q4 2015+3.6%
Q3 2015-5.3%
Q2 2015+1.3%
Q1 2015+3.1%
Q4 2014-1.6%
Q3 2014+0.7%
Q2 2014-4.4%
Q1 2014+0.8%
Q4 2013+2.9%
Q3 2013+5.4%
Q2 2013-0.5%
Q1 2013+4.0%
Q2 2012-0.4%
Q4 2011+12.6%
Q3 2010-4.7%
Q3 2011-4.7%
Q2 2011-23.5%
Q2 2010-23.5%
Q1 2011+1.7%
Q1 2010+12.0%

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