logo
Share SHARE
FONT-SIZE Plus   Neg

Cheniere Energy Q1 Net Loss Widens - Quick Facts

Cheniere Energy, Inc. (LNG: Quote) posted first quarter net loss of $56.42 million, wider than $39.84 million last year. Loss per share narrowed to $0.43 from $0.60 in the same quarter a year ago.

Total revenues declined to $70.47 million from $79.23 million in the prior-year quarter.

Results include LNG terminal and pipeline development expenses of $21.8 million, or $0.17 per share for the recent quarter and $8.4 million, or $0.13 per share, for the comparable year ago period, which primarily related to the Sabine Pass Liquefaction Project currently under development.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Deutsche Bank (DB) on Sunday reported an about 50 percent decline in first-quarter profit, despite clocking double-digit revenue growth, as the German lender recorded hefty legal charges over allegations of rate-rigging. Casino operator Wynn Resorts said its shareholders ousted Elaine Wynn from the board, reflecting fears that her presence may lead to disharmony with the management. To commemorate the launch of Hubble telescope twenty-five year ago, NASA unveiled celestial fireworks as official image, marked by brilliant tapestry of young stars flaring to life.
comments powered by Disqus
RELATED NEWS
Trade LNG now with 
Follow RTT