Cheniere Energy beats Q2 EPS estimate by $2.13, announces $4B share buyback.

Cheniere Energy reported a Q2 EPS of $3.84, beating estimates by $2.13, while revenue was $3.30B, lower than expected at $3.52B. The company's Board of Directors approved a $4B share buyback plan. Cheniere operates LNG terminals in Louisiana and Texas, and its stock has mixed ratings with an average "Moderate Buy" and a $196.40 target price.

August 11, 2024
3 Articles