Cheniere Energy to release earnings report in early August

Cheniere Energy, the Houston firm building a huge natural gas pipeline from Kingfisher, Oklahoma south to the Gulf Coast plans to issue its earnings report for the second quarter 2019 on Thursday, Aug. 8, 2019.

The report will be released prior to the opening of the market. Company management will host a conference call for investors and analysts at 10 a.m. Central Time.and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.

When the company released its first quarter earnings in May, leadership decided the net income of $141 million along with consolidated adjust EBITDA of $650 million and distributable cash flow flow of more than $200 million were enough to expand the company’s EBITDA guidance.

The guidance was increased from $2.9 billion to $3.2 billion.

During the first quarter, Cheniere Energy also received the federal green light to begin construction of its MIDSHIP pipeline project from Kingfisher south to the state line. The company anticipates the MIDSHIP project to be finished and placed into service by the end of 2019.