Cheniere Energy: Fourth Quarter Financial Overview

Cheniere Energy Reports Fourth-Quarter Financial Results

Cheniere Energy Inc., based in Houston, announced a net income of $2.3 billion for the fourth quarter.

The company’s earnings translated to $10.68 per share, while adjusted earnings, which exclude one-time gains, came in at $2.87 per share.

These adjusted earnings did not meet analysts’ expectations, as the consensus from six analysts polled by Zacks Investment Research was $3.83 per share.

However, Cheniere’s quarterly revenue reached $5.45 billion, surpassing the $5.17 billion anticipated by three analysts surveyed by Zacks.

For the full year, Cheniere Energy reported a profit of $5.33 billion, or $24.13 per share, with total revenue amounting to $19.98 billion.