HomeEconomyCheniere Energy raises buybacks and earnings forecast Economy Cheniere Energy raises buybacks and earnings forecast By inew September 12, 2022 0 97 views Share FacebookTwitterPinterestWhatsApp LNG -0.% Add to Watchlist/Remove from Watchlist Add to watch list Add Location Job added successfully: Please name Your portfolio type: purchase Sell date: quantity: price Point value: Leverage: 1:1 1: 1: 1: 1: 1:32 1: 50 1: 33 1: 52 Committee: 2023 create new Watchlist Creation 732023 8862 CREATE NEW HOLDING PORTFOLIO ADD CREATE 4002022 39123 + Add another position to close NG 400+ 0.% 200 added to watch List/Remove from Watchlist Add to watch list Add Location Job added successfully: Please name your portfolio type: purchase Sell date: quantity: price Point Value: Leverage: 1:1 1: 1: 1: 1: 1: 52 1: 10 1: 32 1: 25 Committee: create new watchlist create 2023 8862 2023 CREATE NEW HOLDING PORTFOLIO ADD CREATE 20232023 400 + Add another position to close (Reuters) – The largest U.S. liquefied petroleum company 1000 Natural Gas Exporter, Cheniere Energy (NYSE: LNG) Inc raised its earnings outlook on Monday and laid out plans to pay a higher dividend and share buybacks while adding production facilities. As Europe tries to end reliance on Russian gas and find alternative suppliers as the country invades Ukraine, LNG Company profits rose on soaring prices and demand for LNG. Cheniere shares rose 3%, or $5, to .11 in after-hours trading. Europe offers the company a new growth area after Asia, with CEO Jack Fusco in partnership with investment The company said on a conference call that the company plans to double its processing power over time. “We have had a good dialogue with Europe and everything we have done has been warmly welcomed by the EU,” he said. Say. “We also have significant organic growth in this business,” Fusco said, adding that the company can Funds two planned expansion projects while increasing shareholder payout. its annual dividend will rise % to $1. from $1 per share. launched last year, executives said, adding that they expected to have more than $ billion available Cash for spending and investing through . Fusco also lifted the company’s full year 32 Distributable cash flow forecast at $8.1 billion to $8.6 billion, from $6.9 billion to $7.4 billion. has increased its share repurchase program by $4 billion for three years as it looks to recover from rising liquefied natural gas (LNG) prices earn more cash. Cheniere has improved predictions for Third pre-tax earnings, EBITDA is now expected to be $11 Billion Dollars and $ $5 billion, compared to an earlier estimate of $9.8 billion .3 billion. The largest U.S. LNG exporter added that the increase was mainly due to cargo being pulled forward to 58 from73, and as profit margins continue to increase High, this year. Share FacebookTwitterPinterestWhatsApp Previous articleIMF says it is reviewing Argentina's debt planNext articleTakaaki Hayashi unveils new Baki Gaiden Manga in October inewhttps://inew.news RELATED ARTICLES Economy China plans new property market support plan to boost economy – Bloomberg June 2, 2023 Economy Take Five: Almost half-time June 2, 2023 Economy RBA to keep rates at 3.85% in June, but may hike again soon: Reuters poll June 2, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS China plans new property market support plan to boost economy – Bloomberg June 2, 2023 Scandal-hit ex-TV presenter denies grooming younger colleagues but admits 'I did something wrong' June 2, 2023 Samsung is fixing blurry photos on the Galaxy S23 and S23+ June 2, 2023 Free Slot Games Is Becoming More Popular Everyday June 2, 2023 Load more Featured NEWS Netflix Doc 'You Don't Know Me' Trailer Examines Anna Nicole Smith's Life April 18, 2023 Preseason Week 2 Highlights: Romeo Doubs Continues Preseason Glory August 20, 2022 2022 Top 100 Players, Nos. 50-41: Austin Eckler, Jordan Boyer on the list for the first time August 22, 2022 Biden to continue debt talks at G7 later this week, White House says May 17, 2023 Load more
