Cheniere Energy, Inc. (AMEX:LNG) an energy FIRM, is reporting third quarter earnings results on Friday 6th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.32 per share.
For the full year, analysts predict revenues of $ 9558.41 million, while looking forward to income of $ 2.12 per share.
Previous Quarter Performance
Cheniere Energy, Inc. recorded income for the second quarter of $ 0.78 per share, from the revenue of $ 2,402.00 million. The quarterly revenues gained 4.80 percent compared with the same quarter last year. The consensus estimates are income of $ 0.58 per share from $ 2488.54 million in revenue. The bottom line results beat street analysts by $ 0.2 or 34.48 percent, at the same time, top line results fell short of analysts by $ 86.54 million or 3.48 percent.
Stock Performance
Shares of Cheniere Energy, Inc. traded up $ 1.09 or 2.26 percent on Thursday, reaching $ 49.31 with volume of 992.50 thousand shares. Cheniere Energy, Inc. has traded high as $ 50.03 and has cracked $ 48.49 on the downward trend
According to the previous trading day, closing price of $ 49.31, representing a 78.20 % increase from the 52 week low of $ 27.06 and a 28.15 % decrease over the 52 week high of $ 67.11.
The company has a market capital of $ 12.44 billion and is part of the Energy sector and Oil & Gas Midstream industry.
Conference Call
Cheniere Energy, Inc. will be hosting a conference call at 11:00 AM eastern time on 6th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cheniere.com
Cheniere Energy, Inc., an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns Creole Trail pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines; and operates Corpus Christi pipeline, a 23-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.
