Cheniere Energy's first quarter Adjusted EBITDA grew 25% to $2.33B, leading to a raised full year 2026 outlook.

Cheniere Energy reported first quarter 2026 revenue of $5.9 billion, beating estimates, but posted a net loss per share of ($16.65) due to a significant non-cash mark-to-market loss on derivatives. Operationally, the company achieved record LNG export volumes, driving Consolidated Adjusted EBITDA up 25% year-over-year to $2.3 billion and prompting an increase in full-year financial guidance.

Key Highlights

• The company raised its full year 2026 Consolidated Adjusted EBITDA guidance to a range of $7.25 billion to $7.75 billion, up from the previous range of $6.75 billion to $7.25 billion.
• Cheniere exported a quarterly record 187 cargoes of LNG, an 11% increase from the 168 cargoes exported in the same period last year.
• The company repurchased 2.7 million shares for approximately $537 million during the quarter as part of its capital allocation plan.