Cheniere swings to first-quarter loss on hedge charge
Updated
Updated · MarketWatch · May 7
Cheniere swings to first-quarter loss on hedge charge
14 articles · Updated · MarketWatch · May 7
The biggest US LNG producer reported a $3.5 billion loss, or $16.65 a share, after a $5.4 billion derivatives hit, while revenue rose 8% to $5.87 billion.
Adjusted earnings increased to $1.01 billion, but revenue missed forecasts and the result reversed a $353 million profit a year earlier.
Cheniere raised its 2026 adjusted EBITDA and distributable cash flow outlook, saying volatile global energy markets underscore demand for reliable LNG from its Louisiana and Texas plants.
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