Frontierby eninvs

Language: EN · RU

← Region

Cheniere Energy (LNG) USD

Cheniere Energy, Inc. owns and operates liquefied natural gas (LNG) terminals and associated pipelines in Louisiana and Texas, and also engages in LNG and natural gas marketing.

At a glance: strengths & risks
✓Revenue growing (+22% y/y, Q2 2026)✓Profit growing (+89% y/y, Q2 2026)✗Margins compressing (62%→32%, Q2 2026)✗Pricier than own history (EV/EBITDA 10.8 vs avg 6.6)

Sector: LNG

Geography: United States (Gulf Coast)

COMM_LNG

Price chart

269.85 USDDay 0.78%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
269.85 USD · 0.78%
Market cap
59.4 bn USD

Growth

Δ revenue y/y
22.3%
Δ EBITDA y/y
63.3%

Multiples

P/E (LTM)
20.4x
3y avg: 8.8x
P/B (FY)
7.5x
P/E (ann.)
4.8x
EV/EBITDA (LTM)
10.8x
3y avg: 6.6x
EV/EBITDA (ann.)
4.5x

Cash return

Dividend yield
0.8%
FCF yield (LTM)
2.5%

Value creation

to target market cap (spot commodity model)
Upside (potential)
-41.0%
↓ details

Liquidity

Daily turnover (listing)
400.1 mln USD

Shares: yahoo_fundamentals_timeseries/LNG

Financial results

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-06-30Q2 2026 (3M)OK5.7
y/y 22.3%
4.3
y/y 69.6%
0.4
y/y 15.5%
4.7
y/y 63.3%
3.1
y/y 88.7%
1.6-1.248.0
y/y 7.6%
6.2
y/y -7.7%
246.8%25.5Yahoo Finance
2026-03-31Q1 2026 (3M)OK5.9
y/y 7.8%
-3.5
y/y -463.0%
0.4
y/y 19.6%
-3.1
y/y -344.7%
-3.5
y/y -1092.1%
1.1-0.746.8
y/y 7.6%
3.8
y/y -32.7%
-240.1%25.1Link
2025-12-31Q4 2025 (3M)OK5.5
y/y 22.9%
3.8
y/y 118.7%
0.3
y/y 13.6%
4.2
y/y 102.9%
2.3
y/y 135.6%
2.1-0.747.9
y/y 9.2%
7.9
y/y 38.9%
72.7%25.3Link
2025-09-30Q3 2025 (3M)OK4.4
y/y 18.0%
1.8
y/y 10.3%
0.3
y/y 10.5%
2.2
y/y 10.3%
1.0
y/y 17.5%
1.4-0.745.1
y/y 4.7%
6.7
y/y -27.8%
20.8%24.1Link
2025-06-30Q2 2025 (3M)OK4.6
y/y 42.8%
2.5
y/y 59.3%
0.3
y/y 8.2%
2.9
y/y 51.1%
1.6
y/y 84.8%
0.8-1.044.6
y/y 5.4%
6.7
y/y -22.0%
105.9%23.8Link
2025-03-31Q1 2025 (3M)OK5.4
y/y 28.0%
1.0
y/y -16.7%
0.3
y/y 3.3%
1.3
y/y -12.6%
0.4
y/y -29.7%
1.2-0.643.5
y/y 1.5%
5.6
y/y -32.7%
25.0%22.8Link
2024-12-31Q4 2024 (3M)OK4.4
y/y -8.0%
1.7
y/y -28.6%
0.3
y/y 1.3%
2.0
y/y -25.3%
1.0
y/y -29.0%
1.6-0.643.9
y/y 1.8%
5.7
y/y -36.8%
43.2%23.5Link
2024-09-30Q3 2024 (3M)OK3.8
y/y -9.5%
1.6
y/y -40.2%
0.3
y/y 2.7%
2.0
y/y -36.0%
0.9
y/y -47.5%
1.4-0.543.1
y/y 3.3%
9.4
y/y 125.7%
13.3%23.9Link
2024-06-30Q2 2024 (3M)OK3.3
y/y -20.7%
1.6
y/y -31.2%
0.3
y/y 2.4%
1.9
y/y -27.4%
0.9
y/y -35.7%
1.1-0.542.3
y/y 1.1%
8.6
y/y 199.8%
41.7%24.3Link
2024-03-31Q1 2024 (3M)OK4.3
y/y -41.8%
1.2
y/y -85.6%
0.3
y/y 1.7%
1.5
y/y -82.4%
0.5
y/y -90.8%
1.2-0.742.9
y/y 6.6%
8.3
y/y 336.3%
23.2%24.0Link
2023-12-31Q4 2023 (3M)OK4.8
y/y —
2.4
y/y —
0.3
y/y —
2.7
y/y —
1.4
y/y —
1.7-0.743.1
y/y —
9.0
y/y —
150.1%22.8Link
2023-09-30Q3 2023 (3M)OK4.2
y/y —
2.8
y/y —
0.3
y/y —
3.1
y/y —
1.7
y/y —
1.7-0.441.7
y/y —
4.1
y/y —
64.7%22.9Link
2023-06-30Q2 2023 (3M)OK4.1
y/y —
2.3
y/y —
0.3
y/y —
2.6
y/y —
1.4
y/y —
1.6-0.341.8
y/y —
2.9
y/y —
229.6%23.6Link
2023-03-31Q1 2023 (3M)OK7.3
y/y —
8.0
y/y —
0.3
y/y —
8.3
y/y —
5.4
y/y —
3.4-0.740.3
y/y —
1.9
y/y —
—24.1Link

Net debt structure (leases included, IFRS 16) 2026-06-30

Short-term debt (incl. ST leases)1 973
Long-term debt (incl. LT leases)24 583
− Cash & equivalents1 099
Net debt25 457

Net debt / LTM EBITDA: 3.2x

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

-4 000-2 00002 0004 0006 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Year-over-year change

-400%-200%0%200%2024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Cash flow

FCF ($ mln)

-50005001 0001 5002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Net debt / cash ($ mln)

010 00020 00030 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Profit and cash

Profit is cash-backed
In a typical year of 2021–2025 operating cash flow came to 1.35x of reported net profit; after capex, 0.80x. Loss years (2021) are left out of the ratio.
year20212022202320242025
cash flow / profit—7.37x0.85x1.66x1.04x
accruals, % of assets-12.3%-22.0%3.4%-4.9%-0.4%
Last twelve months (to 2026-06-30): 2.10x of profit came back as operating cash flow.
net debt / EBITDA 2.4x · EBIT covers interest 9.6x · capex 1.7x of depreciation · dividends 8% of free cash flow · share count -3.4% a year
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Research & reviews

Our earnings breakdowns and investment notes on this issuer.

All research →

Key-commodity price — Liquified Natural Gas

Current 20spot vs LTM +30%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -41.0% ▲ +0.0 pp 1d

Main driver: Liquified Natural Gas +75% vs LTM; revenue ×1.30 vs costs ×1.04; EBITDA 4 998→7 929; at 7.6× EV/EBITDA → -41%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
Liquified Natural Gas (rev)+40%20.3411.6512.72+75%+9%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue21 436
LTM EBITDA4 998
LTM cash costs (revenue − EBITDA)16 438
2 · Revenue projection
Revenue multiplier — spot×1.298 (+30%)
= Spot revenue27 826
Revenue multiplier — 3y price×1.037 (+4%)
= 3-year-price revenue22 224
3 · Costs projection
Cost multiplier — spot×1.040 (+4%)
= Spot cash costs17 096
Cost multiplier — 3y price×1.040 (+4%)
= 3-year-price cash costs17 096
4 · EBITDA projection (revenue − costs)
= Spot EBITDA10 730
= 3-year-price EBITDA5 129
Conservative EBITDA = min(spot, avg)7 929
5 · Valuation → target market cap
Historical EV/projected-EBITDA (75th pct)7.6x
Target EV = EV/EBITDA × conservative EBITDA60 342
Net debt25 244
Target market cap = EV − net debt35 098
Current market cap59 448

Upside = target market cap ÷ current − 1 = -41.0%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2023 Q34 1595 770-27.9%3 0532 133+43.1%
2023 Q44 8235 777-16.5%2 7394 827-43.3%
2024 Q14 2534 456-4.6%1 4563 505-58.5%
2024 Q23 2514 070-20.1%1 8922 152-12.1%
2024 Q33 7634 168-9.7%1 9532 285-14.5%
2024 Q44 4364 191+5.9%2 0472 128-3.8%
2025 Q15 4443 996+36.2%1 2731 855-31.4%
2025 Q24 6414 104+13.1%2 8591 611+77.5%
2025 Q34 4414 429+0.3%2 1551 827+17.9%
2025 Q45 4504 456+22.3%4 1541 732+139.8%
2026 Q15 8685 023+16.8%-3 1152 579-220.8%
2026 Q25 6775 564+2.0%1 8041 888-4.4%

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +27% vs -23% the year before — a +50.2 pp move. 3-year CAGR -16%.
revenue growth by year: 2023 -39% · 2024 -23% · 2025 +27%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 7.5x · target 75th pct (3y) 24.1x · LTM avg 10.0x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Peer comparison

Group: midstream (global). Every peer trades on the same market, so no adjustment is needed.

CompanyMarketCap, $bnEV/EBITDA
International Seawaysglobal5.55.9x
Teekay Tankersglobal3.56.0x
Scorpio Tankersglobal4.56.4x
DHT Holdingsglobal3.77.6x
TORMglobal3.78.0x
CMB.TECHglobal5.98.1x
Energy Transfer LPglobal72.68.4x
Frontlineglobal12.010.2x
Nordic American Tankersglobal1.711.1x
ONEOKglobal58.712.0x
NGL Energy Partnersglobal2.113.5x
Targa Resourcesglobal61.214.8x
Group median8.3x
Group average9.3x
This companyglobal59.410.8x

Group median 8.3x; this company 10.8x — a 31% premium.

Group average 9.3x; against the average this company is at a 16% premium.

At the adjusted group median the market cap would be -34% versus today.

The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 23.2x, Russia 3.8x, South Africa 5.4x, Kazakhstan 5.0x, India 18.3x, Indonesia 4.2x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-09-18; the company's own is live.

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-08-100.555 USDEx-dividend: 0.555 USD per sharePaidYahoo Finance (ex-div)
2026-05-110.555 USDEx-dividend: 0.555 USD per sharePaidYahoo Finance (ex-div)
2026-02-060.555 USDEx-dividend: 0.555 USD per sharePaidYahoo Finance (ex-div)
2025-11-070.555 USDEx-dividend: 0.555 USD per sharePaidYahoo Finance (ex-div)
2025-08-080.5 USDEx-dividend: 0.5 USD per sharePaidYahoo Finance (ex-div)
2025-05-090.5 USDEx-dividend: 0.5 USD per sharePaidYahoo Finance (ex-div)
2025-02-070.5 USDEx-dividend: 0.5 USD per sharePaidYahoo Finance (ex-div)
2024-11-080.5 USDEx-dividend: 0.5 USD per sharePaidYahoo Finance (ex-div)
2024-08-090.435 USDEx-dividend: 0.435 USD per sharePaidYahoo Finance (ex-div)
2024-05-090.435 USDEx-dividend: 0.435 USD per sharePaidYahoo Finance (ex-div)
2024-02-050.435 USDEx-dividend: 0.435 USD per sharePaidYahoo Finance (ex-div)
2023-11-080.435 USDEx-dividend: 0.435 USD per sharePaidYahoo Finance (ex-div)
2023-08-080.395 USDEx-dividend: 0.395 USD per sharePaidYahoo Finance (ex-div)
2023-05-090.395 USDEx-dividend: 0.395 USD per sharePaidYahoo Finance (ex-div)
2023-02-060.395 USDEx-dividend: 0.395 USD per sharePaidYahoo Finance (ex-div)
2022-11-070.395 USDEx-dividend: 0.395 USD per sharePaidYahoo Finance (ex-div)
2022-08-080.33 USDEx-dividend: 0.33 USD per sharePaidYahoo Finance (ex-div)
2022-05-090.33 USDEx-dividend: 0.33 USD per sharePaidYahoo Finance (ex-div)
2022-02-040.33 USDEx-dividend: 0.33 USD per sharePaidYahoo Finance (ex-div)
2021-11-020.33 USDEx-dividend: 0.33 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Cheniere Energy (LNG) — from primary filings.

Frequently asked questions

What is Cheniere Energy (LNG)'s P/E ratio?
Cheniere Energy (LNG) trades at a P/E of 20.4x (price to trailing 12-month earnings).
What is Cheniere Energy (LNG)'s EV/EBITDA?
Cheniere Energy (LNG) trades at 10.8x EV/EBITDA.
What is Cheniere Energy (LNG)'s P/B ratio?
Cheniere Energy (LNG) trades at a P/B of 7.5x.
What is Cheniere Energy (LNG)'s dividend yield?
Cheniere Energy (LNG)'s trailing 12-month dividend yield is 0.8%.
What is Cheniere Energy (LNG)'s return on equity (ROE)?
Cheniere Energy (LNG)'s ROE is 246.8%.
What is Cheniere Energy (LNG)'s market capitalization?
Cheniere Energy (LNG)'s market cap is 59.4 bn USD.

See also: The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map