Cheniere announces Q1 2025 results and reiterates FY 2025 financial outlook

Cheniere Energy, Inc. (“Cheniere”) (NYSE: LNG) disclosed its financial outcomes for the first quarter of 2025.

The first quarter of 2025 saw Cheniere generating revenues of roughly $5.4 billion, achieving a net income of about $0.4 billion, recording a Consolidated Adjusted EBITDA of approximately $1.9 billion, and garnering a Distributable Cash Flow of approximately $1.3 billion.

Reaffirming its Consolidated Adjusted EBITDA guidance for the full year 2025, Cheniere expects it to range between $6.5 billion and $7.0 billion, while the anticipated Distributable Cash Flow for the same period is expected to fall within the range of $4.1 billion to $4.6 billion.

Cheniere effectively utilized over $1.3 billion towards constructive growth, balance sheet management, and shareholder dividends in the initial quarter of 2025. Notably, during this period, the company repurchased nearly 1.6 million common stock shares for approximately $350 million, settled $300 million of consolidated long-term debt, and disbursed a quarterly dividend of $0.500 per share of common stock, amounting to about $112 million.

In April 2025, Cheniere declared a dividend for the first quarter of 2025 at $0.500 per share of common stock, scheduled for disbursement on May 19, 2025.

The notable achievement in March 2025 was the Substantial Completion of the first train (“Train 1”) of the CCL Stage 3 Project. Furthermore, the CCL Midscale Trains 8 & 9 Project secured approval from the Federal Energy Regulatory Commission (“FERC”) to proceed with the project. Obtaining all the requisite regulatory approvals is pivotal to making the Final Investment Decision (“FID”) on the project later in 2025.

Jack Fusco, President, and CEO of Cheniere, stated, “2025 is off to an outstanding start thanks to the Cheniere team’s commitment to excellence across our operations, project execution, and financial discipline. The quarter was highlighted by the achievement of Substantial Completion on Train 1 of the Corpus Christi Stage 3 Project and the production and shipment of our 4,000th LNG cargo to-date.”

In conclusion, the financial results for the first quarter of 2025 indicate a slight contraction in net income compared to the same period in 2024. However, Consolidated Adjusted EBITDA observed a noteworthy increase in the first quarter of 2025, primarily due to enhanced total margins per MMBtu of liquefied natural gas (“LNG”) delivered during the period.

Cheniere remains committed to stringent balance sheet management, ensuring sufficient liquidity through available cash and committed credit facilities. As of March 31, 2025, the company held cash and cash equivalents of $2,511 million, restricted cash and equivalents of $357 million, along with available commitments under credit facilities at various subsidiaries.

Cheniere’s financial performance and strategic initiatives reflect a robust start to 2025, underscoring its commitment to operational excellence, growth, and value creation for shareholders.