LNG's first-quarter revenues are likely to have been driven by rising LNG volumes. However, earnings are expected to have been impacted due to increasing costs.
Cheniere Energy (LNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cheniere Energy, Inc., with a $50B market cap, benefits from low U.S. natural gas prices and high production, exporting LNG internationally, and signing long-term contracts. Despite high natural gas prices in 2023, Cheniere achieved nearly $4B in DCF, aiming for $4.5B in 2025, showing strong business performance. The company is advancing its $10B CCL Stage 3 project, enhancing production capacity, and targeting 90 mtpa, indicating robust growth potential.
Golar LNG (NYSE: GLNG) is thriving due to robust LNG demand and its unique position as the sole provider of FLNG-as-a-service. Golar's FLNG business is expanding rapidly, with significant projects like FLNG Hilli and Gimi contributing to strong financial performance and future growth. Despite a high P/E GAAP of 22.1, Golar's innovative FLNG solutions and strategic partnerships make it a promising long-term investment.
Kosmos Energy Ltd (LSE:KOS, NYSE:KOS) shares traded higher in London, rising 3.6% to 130p, as it confirmed the first cargo of liquefied natural gas has been safely loaded at the Greater Tortue Ahmeyim (GTA) project, offshore Mauritania and Senegal. LNG was transferred from Golar LNG's floating vessel, 10km offshore, to the "British Sponsor" LNG carrier, and now, a second LNG vessel is in position for the next loading.
TTE signs a deal with Energia Natural Dominicana to supply 400,000 tons of LNG. This defines TTE's commitment to support the island's energy transition.
Market sentiment was surprisingly optimistic, despite political developments, with the UP World LNG Shipping Index gaining 3.03% and several companies achieving double-digit gains. Strong trading volumes in the U.S. and Japan drove significant price movements, with Golar LNG leading the surge at 21.4%. Despite some declines in major gas-oil firms, the overall outlook remains positive due to growing LNG demand and potential new long-term contracts.
Cheniere Energy (LNG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
E's Coral South FLNG off Mozambique ships its 100th LNG cargo, boosting local job creation, SME growth and Mozambique's global energy presence.
EQNR expects its Q1 results to be affected by nearly $100 million in costs associated with drilling CCS appraisal wells.
Stonepeak has agreed to invest $5.7 billion in Woodside Energy's proposed Louisiana LNG gas-export infrastructure in the U.S.
Australian energy company Woodside Energy said on Monday that it will sell a 40% stake in its Louisiana LNG Infrastructure project to U.S.-based investment firm Stonepeak.