Cheniere reports first quarter 2025 results and reconfirms full year 2025 financial guidance

Cheniere Energy announced its financial results for the first quarter 2025.

RECENT HIGHLIGHTS

• During the three months ended March 31, 2025, Cheniere generated revenues of approximately $5.4 billion, net income1 of approximately $0.4 billion, Consolidated Adjusted EBITDA2 of approximately $1.9 billion, and Distributable Cash Flow2 of approximately $1.3 billion.
• Reconfirming full year 2025 Consolidated Adjusted EBITDA2 guidance of $6.5 billion – $7.0 billion and full year 2025 Distributable Cash Flow2 guidance of $4.1 billion – $4.6 billion.
• Pursuant to Cheniere’s comprehensive capital allocation plan, Cheniere deployed over $1.3 billion towards accretive growth, balance sheet management and shareholder returns in the first quarter of 2025. During the three months ended March 31, 2025, Cheniere repurchased an aggregate of approximately 1.6 million shares of common stock for approximately $350 million, repaid $300 million of consolidated long-term indebtedness and paid a quarterly dividend of $0.500 per share of common stock, totaling approximately $112 million.
• In April 2025, Cheniere declared a dividend with respect to the first quarter 2025 of $0.500 per share of common stock, which is payable on May 19, 2025.
• In March 2025, Cheniere announced that Substantial Completion of the first train (“Train 1”) of the CCL Stage 3 Project (defined below) was achieved on March 16, 2025.
• In March 2025, the CCL Midscale Trains 8 & 9 Project (defined below) received authorization from the Federal Energy Regulatory Commission (“FERC”) to site, construct and operate the project. We anticipate receiving all remaining necessary regulatory approvals in order to make Final Investment Decision (“FID”) on the project in 2025.

CEO COMMENT

“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,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “Progress on Stage 3 continues to advance on an accelerated schedule, reinforcing our confidence in having the first three trains operational by the end of 2025. Looking ahead, our focus for 2025 will remain on the safe and reliable delivery of our LNG to our customers worldwide, advancing our project developments at both Sabine Pass and Corpus Christi, delivering meaningful shareholder returns, and generating full year Consolidated Adjusted EBITDA and Distributable Cash Flow within our guidance ranges.”