Cheniere Energy (NYSE: LNG) booked a 36% decline in its second-quarter earnings compared to a year ago, due to lower margins for delivered LNG cargoes. Cheniere Energy, the biggest U.S. LNG exporter, reported on Thursday a net income of $880 million for the second quarter, down from $1.37 billion for the same period of 2023. Half-year net income slumped by 80% to $1.382 billion from $6.8 billion for the six months ended June 30, 2023. The decreases in net income, as well as in consolidated adjusted EBITDA, or core earnings, were “primarily…
Lower LNG Prices Drag Cheniere’s Q2 Profit Down by 36%
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