Skip to Content

Cheniere Energy Inc LNG

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Stewardship

PREMIUM

Cheniere Reports Strong Third Quarter, Boosts Run-Rate Guidance Again

Stephen Ellis Sector Strategist

Analyst Note

| Stephen Ellis |

Cheniere reported a good third quarter, in our view, as it heads into the winter season and higher expected liquefied natural gas demand. 2020 EBITDA guidance is unchanged at $3.8 billion-$4.1 billion, but we expect results closer to the low end of the range at $3.8 billion due primarily to weak marketing margins. Management introduced 2021 EBITDA guidance of $3.9 billion-$4.2 billion, and our $4.1 billion estimate falls solidly within that range. The bulk of the improvement reflects the startup of Corpus Christi Train 3 during the year.

Read Full Analysis

Company Profile

Business Description

Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the under-development Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.

Contact
700 Milam Street, Suite 1900
Houston, TX, 77002
T +1 713 375-5000
Sector Energy
Industry Oil & Gas Midstream
Most Recent Earnings Sep 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type Hard Assets
Employees 1,530

Related