Strong Financial Performance
Cheniere Energy generated consolidated adjusted EBITDA of approximately $1.6 billion, distributable cash flow of approximately $1.6 billion, and net income of approximately $1 billion in the third quarter of 2025. The company reconfirmed its full-year 2025 guidance range of $6.6 billion to $7 billion in consolidated adjusted EBITDA and raised its distributable cash flow guidance range from $4.4 billion to $4.8 billion to $4.8 billion to $5.2 billion.
Corpus Christi Stage 3 Progress
Substantial completion of the third Train of Corpus Christi Stage 3 was achieved ahead of schedule. Total project completion on Stage 3 reached over 90% last month, with Train 4 expected to produce first LNG soon and on track for substantial completion by the end of the year.
Share Repurchase Program
During the third quarter, Cheniere repurchased approximately 4.4 million shares for just over $1 billion, marking the second-highest quarterly amount deployed for share repurchases.
Dividend Increase
Cheniere declared a dividend of $0.555 per common share for the third quarter, an increase of over 10% from the prior quarter. The company has grown its quarterly dividend by almost 70% since initiation approximately four years ago.
LNG Market Demand
Global LNG demand was underpinned by European imports, with European LNG imports continuing to increase year-on-year in the third quarter. The company anticipates a more stable pricing environment as new liquefaction capacity comes online.