Cheniere Energy, Inc. Q3 2026 Earnings Recap

Shares rose 7.1% after Cheniere raised full-year guidance for the third consecutive quarter, alongside record quarterly LNG exports and the completion of Corpus Christi Stage 3. The results also included new long-term contracts that management said support its brownfield growth plans.

Key Takeaways

• Third-quarter adjusted EBITDA was approximately $1.9 billion, distributable cash flow approximately $1.2 billion, and net income approximately $1.2 billion.
• Cheniere exported a quarterly record 188 cargoes, or 684 TBtu, up approximately 17% year over year; it also reported a daily production record of over 8.33 Bcf/d.
• Full-year 2026 guidance rose to $8.75–$9.25 billion in adjusted EBITDA and $6.05–$6.55 billion in distributable cash flow.
• Train 7 at Corpus Christi Stage 3 reached substantial completion in late August, completing the project; management said it finished ahead of schedule and on budget.
• The company announced long-term SPAs with Petrobras and QatarEnergy totaling approximately 5 million tonnes. It also repurchased approximately $730 million of shares and raised its quarterly dividend by over 12% to $0.625.