NYSE$LNG
Cheniere Energy Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported strong second quarter results and raised full year 2021 guidance.
Cheniere Energy reported strong second quarter results driven by operational excellence and strength in the global LNG market. The company increased its full year 2021 Consolidated Adjusted EBITDA and Distributable Cash Flow guidance due to improved LNG market margins and increased LNG production forecast.
- Consolidated Adjusted EBITDA of approximately $1.0 billion and Distributable Cash Flow of approximately $340 million for the three months ended June 30, 2021.
- Increased full year 2021 Consolidated Adjusted EBITDA guidance to $4.6 - $4.9 billion and full year 2021 Distributable Cash Flow guidance to $1.8 - $2.1 billion.
- Fully repaid the remaining outstanding borrowings under the Cheniere Term Loan Facility and fully repaid Cheniere’s 4.875% convertible notes due May 2021.
- Entered into an Integrated Production Marketing agreement with Tourmaline Oil Marketing Corp.
Headline financials
Revenue & EPS history
Cheniere · Revenue · Quarterly
$3.02B
Revenue by segment
Cheniere · $2.98B total across 2 segments · Q2 2021
- LNG Revenues$2.91B+26.9%97.8%
- Regasification Revenues$67M-1.5%2.2%
Forward guidance
Cheniere increased its full year 2021 Consolidated Adjusted EBITDA guidance to $4.6 - $4.9 billion and full year 2021 Distributable Cash Flow guidance to $1.8 - $2.1 billion due primarily to improved LNG market margins and an increase in forecasted LNG production.
Tailwinds
- Improved LNG market margins.
- Increase in forecasted LNG production.
- Strong second quarter results.
- Relentless focus on operational excellence.
- Continued strength in the global LNG market.
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 Q2 2021
+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
| Quarter | Report date | Reaction (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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