Cheniere Energy shares surged 5.34% intraday on Thursday, continuing a rally that began in pre-market trading driven by a blockbuster second-quarter earnings report that widely exceeded Wall Street expectations.
The Houston-based liquefied natural gas exporter reported revenue of $5.73 billion, up 24% year-over-year and significantly above the analyst consensus of $4.895 billion. Net income attributable to shareholders skyrocketed to $3.07 billion, or $14.65 per diluted share, compared to $1.63 billion in the prior-year period. Adjusted EBITDA came in at $1.8 billion, beating the $1.719 billion consensus estimate.
Buoyed by the strong performance, Cheniere raised its full-year 2026 guidance, lifting its consolidated adjusted EBITDA forecast to $7.9–$8.4 billion from the previous $7.25–$7.75 billion range. The results were driven by higher LNG volumes delivered, elevated U.S. natural gas prices, and expanded export capacity, underscoring robust global demand for American LNG.
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