Cheniere Energy Boosts Profit Forecast on Record LNG Exports
Cheniere Energy has raised its forecast for annual core profit after beating quarterly expectations on robust demand for liquefied natural gas. The company's shares rose four percent in premarket trading following the announcement.
The US has solidified its position as the world's largest exporter of LNG, with shipments increasing 26 percent from 2024 to 15 billion cubic feet per day in 2025. Exports reached 10.6 million tonnes this June.
Cheniere exported 184 cargoes of LNG in the three months ended June 30, up 19.4 percent from a year earlier. The company's LNG revenue rose to $5.64 billion in the second quarter, while regasification revenues remained flat at $34 million.