Cheniere Energy Q3 profit rises 12% on LNG volumes and margins
LNG•Cheniere Energy’s third-quarter net income rose 12% year over year to $1.17 billion, while revenue increased 39% to $6.17 billion and adjusted EBITDA rose 18% to $1.90 billion. The company raised its 2026 adjusted EBITDA guidance to $8.75 billion-$9.25 billion.
1. Quarterly results
Cheniere Energy reported third-quarter revenue of $6.17 billion, up 39% year over year and above the $5.36 billion analyst consensus. Net income rose 12% to $1.17 billion, while adjusted EBITDA increased 18% to $1.90 billion, below the $1.97 billion consensus.
2. Raised 2026 outlook
The company raised its 2026 adjusted EBITDA guidance to $8.75 billion-$9.25 billion from $7.90 billion-$8.40 billion. It also lifted its distributable cash flow outlook to $6.05 billion-$6.55 billion from $5.30 billion-$5.80 billion.
3. Production capacity
Cheniere attributed net income growth to higher LNG volumes, improved margins per MMBtu delivered and lower income tax provisions. Completion of the CCL Stage 3 Project expanded LNG production capacity by more than 20%; the company said the project and debottlenecking provide increased visibility for 2027 production.
