Cheniere Energy raises annual core profit outlook on strong LNG demand
LNG•Quarterly beat and higher outlook
Cheniere Energy raised its forecast for annual core profit on Thursday after beating quarterly expectations on robust demand for liquefied natural gas, sending its shares up 4% in premarket trading.
The LNG exporter expects adjusted core profit to range from $7.9 billion to $8.4 billion in 2026, compared with its prior projection of $7.25 billion to $7.75 billion.
The company also narrowed its full-year 2026 production forecast range to 53-54 million tonnes, up from 52-54 million tonnes.
U.S. LNG exports continue to rise
The U.S. has further solidified its position as the world's largest exporter of LNG after President Donald Trump lifted a moratorium on new export permits upon taking office last year.
The country shipped 15 billion cubic feet per day of the supercooled fuel in 2025, according to the U.S. Energy Information Administration, up 26% from 2024, with exports reaching 10.6 million metric tons this June.
Capacity additions and analyst view
The company said it received authorization from the Federal Energy Regulatory Commission in June to increase LNG production capacity at its Corpus Christi Stage 3 project and CCL Midscale Trains 8 and 9 projects in Texas by about 5 million tonnes per annum combined.
