Cheniere Swings to Q2 Net Profit as LNG Cargo Up a Fifth
8/06 11:45 AM
Cheniere Swings to Q2 Net Profit as LNG Cargo Up a Fifth
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- Cheniere Energy Inc announced Thursday (8/6) it swung
to a net profit in the second quarter of 2026 from a loss in the prior three
months as the largest U.S. producer of liquefied natural gas shipped a fifth
more cargo than it did a year ago.
Net income at Cheniere rose to $3.07 billion from $1.63 billion in the second
quarter of 2025. In the first quarter of 2026, it reported a net loss of $3.502
billion. Quarterly revenue grew 24% year-over-year to $5.73 billion, compared
to $4.64 billion reported in the prior year period.In terms of exports, the
company had 184 LNG cargoes during the second quarter of 2026, versus the 154
shipped a year ago.Total export volumes reached 672 trillion British thermal
units (Btu), up 22% from 550 trillion Btu shipped a year earlier.Operational
gains were driven by substantial completion of Midscale Train 6 at the Corpus
Christi Stage 3 Project in June.
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