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Investing.com -- Cheniere Energy, Inc. (NYSE:LNG) reported second-quarter earnings that exceeded analyst expectations on Thursday, driven by higher LNG prices and improved margins, sending shares up 1.4% in trading.
The largest U.S. LNG producer posted adjusted earnings of $7.30 per share on revenue of $4.64 billion, surpassing the analyst consensus estimate of $4.37 billion in revenue.
Cheniere’s LNG revenues jumped to $4.52 billion from $3.04 billion in the same quarter last year, primarily due to higher pricing per MMBtu from both increased Henry Hub pricing and improved international gas pricing.
The company’s total volumes delivered as LNG revenues reached 558 TBtu, up slightly from 552 TBtu in the prior-year period.
"Our strong financial performance this quarter reflects the favorable pricing environment and our operational excellence," said Zach Davis, Executive Vice President and Chief Financial Officer of Cheniere Energy.
"The higher Henry Hub pricing, to which the majority of our long-term LNG sales contracts are indexed, contributed significantly to our revenue growth."
Operating income more than doubled to $2.53 billion from $1.59 billion in the second quarter of 2024, despite a $96 million increase in operating and maintenance expenses due to planned large-scale maintenance activities on two trains at the Sabine Pass LNG Terminal.
The company also highlighted significant progress on its expansion projects, including the substantial completion of the second midscale Train of the Corpus Christi Stage 3 Project in August 2025, following the first Train’s completion in March.
Cheniere maintained its quarterly dividend of $0.50 per share, payable on August 18, 2025, and repurchased approximately 1.4 million shares for $306 million during the quarter.
The company has approximately $3.2 billion remaining under its share repurchase program, which is effective through December 31, 2027.
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