Houston’s Cheniere Energy Partners, the firm building a new natural gas line from Kingfisher south to Texas reported a cash distribution of 61 cents a share.
It translated into $2.44 annualized to unitholders of record as of Aug, 6, 2019 and will be payable on Aug. 14, 2019.
The distribution comes as the company is about to release its 2nd quarter earnings report on Aug. 8, 2019.
Cheniere had $2.2 billion in revenues for the first quarter 2019, an increase of one percent over the 2018 first quarter revenues. The company’s net income for the quarter totaled $141 million, up 61%.
Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with expected aggregate adjusted nominal production capacity of up to 45 million tonnes per annum of LNG operating or under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.
For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended March 31, 2019, filed with the Securities and Exchange Commission.
Second largest operator of liquefaction
capacity in the world by 2020
▪ Approximately half of U.S. LNG export
capacity either in operation or under
construction
▪ Firm portfolio volumes used to structure term
deals to enable long-term growth
▪ Platform for continued capacity expansion
▪ Loaded over 200 vessels in 2017 and over
270 in 2018
▪ Cheniere Marketing delivered over 250
cargoes to date
▪ Chartered more than 150 LNG carriers
since startup, with up
