Cheniere Lifts 2026 EBITDA Guidance to $9.25B and Raises Dividend 12%
LNG sits 65% above its 52-week low of $186.2.
Summary
Cheniere beat its own prior outlook and raised full-year 2026 Consolidated Adjusted EBITDA guidance to $8.75B-$9.25B from $7.90B-$8.40B, with Distributable Cash Flow guidance up to $6.05B-$6.55B from $5.30B-$5.80B. Q3 revenue rose 39% to $6.17B and net income came in at $1.17B, or $5.65 per diluted share, versus $1.049B a year ago, while Adjusted EBITDA climbed 18% to $1.90B. The board lifted the quarterly dividend over 12% to $0.625 per share, payable November 17, and the company deployed $1.5B in the quarter, including $731M of buybacks. S&P upgraded Cheniere Corpus Christi Holdings to A- from BBB+, a notch that lowers borrowing costs on the expansion buildout. The QatarEnergy 4 mtpa SPA signed in October underpins the Sabine Pass expansion, whose first phase still awaits FID and a positive FERC order after September's final EIS. Cheniere Partners (CQP) posted higher Q3 net income and tightened its 2026 distribution guidance, benefiting through its Sabine Pass interest and the higher distribution coverage implied by the raised cash flow range. The 11 a.m. ET call is the next checkpoint on 2027 production guidance and SPL Expansion timing.
At the time of this announcement, LNG was trading at $306.60 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $61.5B. The 52-week trading range was $186.20 to $304.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.