LNG on NYSE

Cheniere Energy

Logo: cheniere.com⁶

American liquified natural gas company

Cheniere Energy, Inc. is an American liquefied natural gas (LNG) company headquartered in Houston, Texas. In February 2016 it became the first American company to export liquefied natural gas. Cheniere Energy is the largest exporter of LNG in the United States and the second-largest LNG producer globally as of 2024.³ Its revenue was $33.4 billion in 2022.¹ Wikipedia text CC BY-SA 4.0

$288.99 up 9.84 (3.52%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

1996Founded¹

Compare with Venture Global, Inc., Cheniere Energy Partners, L.P. or Atmos Energy, or pick any stock.

TickerLNG on NYSE¹
IndustryNatural Gas Distribution¹
HeadquartersHouston¹
Websitewww.cheniere.com
Legal formDelaware corporation¹
Incorporated inDE⁷
Business address845 Texas Avenue, Suite 1250, Houston, Tx 77002⁷
Filer categoryLarge accelerated filer⁷
LEIMIHC87W9WTYSYZWV1J40⁴
StatusActive⁴
LEI statusIssued and current⁴
Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States⁴
Registered withDivision of Corporations, Department of State, 2005509⁴

See how the biggest companies compare on our leaderboards

Cheniere Energy image from its website — Image: cheniere.com⁶

Cheniere Energy, Inc. is an American liquefied natural gas (LNG) company headquartered in Houston, Texas.³

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

46.8%Operating margin¹³

27.4%Net margin¹³

26.3%Revenue growth, 2025¹³

67.3%Return on equity¹³

2.84×Debt to equity¹³

$2.5BFree cash flow¹³

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Liquefied Natural Gas brought in 97% of the revenue Cheniere Energy broke down this way in fiscal 2025.

Liquefied Natural Gas$19.1B¹³97%up 28% from 2024
Product and Service, Other$237.0M¹³1%down 23% from 2024
Liquefied Natural Gas Procured From Third Parties$226.0M¹³1%down 19% from 2024
Regasification Service$136.0M¹³1%up 1% from 2024

Products and services by year

Products and services	2023	2024	2025
Liquefied Natural Gas	$19.5B	$15.0B	$19.1B
Product and Service, Other	$187.0M	$307.0M	$237.0M
Liquefied Natural Gas Procured From Third Parties	$359.0M	$280.0M	$226.0M
Regasification Service	$135.0M	$135.0M	$136.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

Other costsProfit

Selling, general and admin2¢$383.0M
Other costs63¢$12.3B
Income tax8¢$1.5B
Profit27¢$5.3B

Out of $19.5B in revenue.¹³

Where each dollar of operating cash went, fiscal 2025

Capital spendingShare buybacks

Capital spending49¢$3.1B
Dividends paid7¢$451.0M
Share buybacks44¢$2.7B

Out of $5.5B of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.¹³

Financial statements

Revenue¹⁴¹⁵¹⁶¹⁷¹³$19.5B in 2025+113% since 2019

Operating income¹⁴¹⁵¹⁶¹⁷¹³$9.1B in 2025+286% since 2019

Net income¹⁴¹⁵¹⁶¹⁷¹³$5.3B in 2025+723% since 2019

Every line of the income statement as filed: the last 3 fiscal years, latest first.¹³

Period ending	2025-12-31	2024-12-31	2023-12-31
Revenues	$20.0B	$15.7B	$20.4B
Cost of sales (excluding operating and maintenance expense and depreciation, amortization and accretion expense shown separately below)	$7.2B	$6.0B	$1.4B
Operating and maintenance expense	$2.0B	$1.9B	$1.8B
Selling, general and administrative expense	$383.0M	$441.0M	$474.0M
Depreciation, amortization and accretion expense	$1.3B	$1.2B	$1.2B
Other operating costs and expenses	$36.0M	$36.0M	$44.0M
Total operating costs and expenses	$10.9B	$9.6B	$4.9B
Income from operations	$9.1B	$6.1B	$15.5B
Interest expense, net of capitalized interest	-$948.0M	-$1.0B	-$1.1B
Gain (loss) on modification or extinguishment of debt	-$8.0M	-$9.0M	$15.0M
Interest and dividend income	$106.0M	$189.0M	$211.0M
Other income, net	$20.0M	$5.0M	$4.0M
Total other expense	-$830.0M	-$825.0M	-$911.0M
Income before income taxes and NCI	$8.3B	$5.3B	$14.6B
Less: income tax provision	$1.5B	$811.0M	$2.5B
Net income	$6.8B	$4.5B	$12.1B
Less: net income attributable to NCI	$1.5B	$1.2B	$2.2B
Net income attributable to Cheniere	$5.3B	$3.3B	$9.9B
Net income per share attributable to common stockholdersbasic (1)	$24.19	$14.24	$40.99
Net income per share attributable to common stockholdersdiluted (1)	$24.13	$14.20	$40.72
Weighted average number of common shares outstandingbasic	219.7M shares	228.4M shares	241.0M shares
Weighted average number of common shares outstandingdiluted	220.3M shares	229.1M shares	242.6M shares

Total assets²⁰¹⁴¹⁵¹⁶¹⁷¹³$47.9B in 2025+35% since 2019

Total liabilities¹⁷¹³$34.8B in 2025+2% since 2023

Shareholders’ equity²⁰¹⁴¹⁵¹⁶¹⁷¹³$7.9B in 2025

Cash²⁰¹⁴¹⁵¹⁶¹⁷¹³$1.1B in 2025−56% since 2019

Long-term debt²⁰¹⁴¹⁵¹⁶¹⁷¹³$22.5B in 2025−27% since 2019

Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.¹³

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Trade and other receivables, net of current expected credit losses	$1.4B	$727.0M
Inventory	$524.0M	$501.0M
Current derivative assets	$9.0M	$155.0M
Margin deposits	$76.0M	$128.0M
Other current assets, net	$119.0M	$100.0M
Total current assets	$3.7B	$4.8B
Property, plant and equipment, net of accumulated depreciation	$35.8B	$33.6B
Operating lease assets	$2.7B	$2.7B
Derivative assets	$4.7B	$1.9B
Deferred tax assets	$12.0M	$19.0M
Other non-current assets, net	$1.1B	$899.0M
Accounts payable	$123.0M	$171.0M
Accrued liabilities	$2.1B	$2.2B
Current debt, net of unamortized discount and debt issuance costs	$306.0M	$351.0M
Deferred revenue	$150.0M	$163.0M
Current operating lease liabilities	$539.0M	$592.0M
Current derivative liabilities	$618.0M	$902.0M
Other current liabilities	$99.0M	$83.0M
Total current liabilities	$3.9B	$4.4B
Long-term debt, net of unamortized discount and debt issuance costs	$22.5B	$22.6B
Non-current operating lease liabilities	$2.2B	$2.1B
Derivative liabilities	$1.2B	$1.9B
Deferred tax liabilities	$3.7B	$1.9B
Other non-current liabilities	$1.3B	$992.0M
Redeemable NCI	$136.0M	$7.0M
Preferred stock: $0.0001 par value, 5.0 million shares authorized, none issued	$0	$0
Common stock: $0.003 par value, 480.0 million shares authorized; 279.2 million shares and 278.7 million shares issued at December 31, 2025 and 2024, respectively	$1.0M	$1.0M
Treasury stock: 66.8 million shares and 54.7 million shares at December 31, 2025 and 2024, respectively, at cost	-$8.9B	-$6.1B
Additional paid-in-capital	$4.5B	$4.5B
Retained earnings	$12.2B	$7.4B
Total Cheniere stockholders equity	$7.9B	$5.7B
NCI	$5.0B	$4.4B
Total stockholders equity	$12.9B	$10.1B	$9.0B	-$171.0M
Total liabilities, redeemable NCI and stockholders equity	$47.9B	$43.9B
Total assets	$47.9B	$43.9B
Total liabilities	$34.8B	$33.8B
Cash and cash equivalents	$1.1B	$2.6B
Restricted cash and cash equivalents	$485.0M	$552.0M
Preferred Stock, Par Value	$0.00	$0.00
Preferred Stock, Shares Authorized	5.0M shares	5.0M shares
Preferred Stock, Shares Issued	0 shares	0 shares
Common Stock, Par Value Per Share	$0.00	$0.00
Common stock, Shares Authorized	480.0M shares	480.0M shares
Common Stock, Shares, Issued	279.2M shares	278.7M shares
Treasury Stock, Common	66.8M shares	54.7M shares

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Trade and other receivables, net of current expected credit losses	$1.4B	$727.0M
Inventory	$524.0M	$501.0M
Current derivative assets	$9.0M	$155.0M
Margin deposits	$76.0M	$128.0M
Other current assets, net	$119.0M	$100.0M
Total current assets	$3.7B	$4.8B
Property, plant and equipment, net of accumulated depreciation	$35.8B	$33.6B
Operating lease assets	$2.7B	$2.7B
Derivative assets	$4.7B	$1.9B
Deferred tax assets	$12.0M	$19.0M
Other non-current assets, net	$1.1B	$899.0M
Accounts payable	$123.0M	$171.0M
Accrued liabilities	$2.1B	$2.2B
Current debt, net of unamortized discount and debt issuance costs	$306.0M	$351.0M
Deferred revenue	$150.0M	$163.0M
Current operating lease liabilities	$539.0M	$592.0M
Current derivative liabilities	$618.0M	$902.0M
Other current liabilities	$99.0M	$83.0M
Total current liabilities	$3.9B	$4.4B
Long-term debt, net of unamortized discount and debt issuance costs	$22.5B	$22.6B
Non-current operating lease liabilities	$2.2B	$2.1B
Derivative liabilities	$1.2B	$1.9B
Deferred tax liabilities	$3.7B	$1.9B
Other non-current liabilities	$1.3B	$992.0M
Redeemable NCI	$136.0M	$7.0M
Preferred stock: $0.0001 par value, 5.0 million shares authorized, none issued	$0	$0
Common stock: $0.003 par value, 480.0 million shares authorized; 279.2 million shares and 278.7 million shares issued at December 31, 2025 and 2024, respectively	$1.0M	$1.0M
Treasury stock: 66.8 million shares and 54.7 million shares at December 31, 2025 and 2024, respectively, at cost	-$8.9B	-$6.1B
Additional paid-in-capital	$4.5B	$4.5B
Retained earnings	$12.2B	$7.4B
Total Cheniere stockholders equity	$7.9B	$5.7B
NCI	$5.0B	$4.4B
Total stockholders equity	$12.9B	$10.1B	$9.0B	-$171.0M
Total liabilities, redeemable NCI and stockholders equity	$47.9B	$43.9B
Total assets	$47.9B	$43.9B
Total liabilities	$34.8B	$33.8B
Cash and cash equivalents	$1.1B	$2.6B
Restricted cash and cash equivalents	$485.0M	$552.0M
Preferred Stock, Par Value	$0.00	$0.00
Preferred Stock, Shares Authorized	5.0M shares	5.0M shares
Preferred Stock, Shares Issued	0 shares	0 shares
Common Stock, Par Value Per Share	$0.00	$0.00
Common stock, Shares Authorized	480.0M shares	480.0M shares
Common Stock, Shares, Issued	279.2M shares	278.7M shares
Treasury Stock, Common	66.8M shares	54.7M shares

Cash from operations¹⁴¹⁵¹⁶¹⁷¹³$5.5B in 2025+202% since 2019

Capital spending¹⁴¹⁵¹⁶¹⁷¹³$3.1B in 2025+1% since 2019

Free cash flow¹⁴¹⁵¹⁶¹⁷¹³$2.5B in 2025

Dividends paid¹⁴¹⁵¹⁶¹⁷¹³$451.0M in 2025

Share buybacks¹⁴¹⁵¹⁶¹⁷¹³$2.7B in 2025+994% since 2019

Every line of the cash flow as filed: the last 3 fiscal years, latest first.¹³

Period ending	2025-12-31	2024-12-31	2023-12-31
Net income	$6.8B	$4.5B	$12.1B
Depreciation, amortization and accretion expense	$1.3B	$1.2B	$1.2B
Share-based compensation expense	$161.0M	$215.0M	$250.0M
Amortization of discount and debt issuance costs	$38.0M	$42.0M	$44.0M
Reduction of right-of-use assets	$623.0M	$670.0M	$623.0M
Total gains on derivative instruments, net	-$3.8B	-$1.3B	-$7.9B
Net cash provided by (used for) settlement of derivative instruments	$289.0M	-$100.0M	-$79.0M
Deferred taxes	$1.9B	$330.0M	$2.4B
Other, net	$25.0M	$28.0M	$3.0M
Trade and other receivables	-$640.0M	$380.0M	$840.0M
Inventory	-$32.0M	-$57.0M	$377.0M
Margin deposits	$52.0M	-$111.0M	$116.0M
Other non-current assets	-$156.0M	-$80.0M	-$64.0M
Accounts payable and accrued liabilities	-$232.0M	$248.0M	-$982.0M
Total deferred revenue	-$41.0M	-$2.0M	$3.0M
Total operating lease liabilities	-$619.0M	-$658.0M	-$607.0M
Other, net	-$67.0M	$92.0M	$140.0M
Net cash provided by operating activities	$5.5B	$5.4B	$8.4B
Property, plant and equipment, net of proceeds from commissioning sales of LNG of $174 million, zero and zero, respectively	-$3.1B	-$2.2B	-$2.1B
Investments in equity method investments	-$2.0M	-$12.0M	-$61.0M
Other, net	$68.0M	-$29.0M	-$20.0M
Net cash used in investing activities	-$3.0B	-$2.3B	-$2.2B
Proceeds from issuances of debt and borrowings	$2.0B	$2.7B	$1.4B
Redemptions and repayments of debt	-$2.1B	-$3.5B	-$2.6B
Distributions to NCI	-$803.0M	-$846.0M	-$1.0B
Contributions from redeemable NCI	$122.0M	$6.0M	$0
Payments related to tax withholdings for share-based compensation	-$51.0M	-$46.0M	-$63.0M
Repurchase of common stock, inclusive of excise taxes paid	-$2.7B	-$2.3B	-$1.5B
Dividends to stockholders	-$451.0M	-$412.0M	-$393.0M
Other, net	-$118.0M	-$95.0M	-$34.0M
Net cash used in financing activities	-$4.1B	-$4.5B	-$4.2B
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents	-$3.0M	$1.0M	$2.0M
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents	-$1.6B	-$1.3B	$2.0B
Property, Plant And Equipment, Reduction For Testing Costs Recovered, Collected Portion	$174.0M	$0	$0

Compare Cheniere Energy with another company

Corporate structure

Cheniere Energy sits at the top of its group. 54 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Cheniere Energy

VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Cheniere Energy, latest Apr 28, 2026
VANGUARD GROUP INC Filed SCHEDULE 13G/A on Cheniere Energy, latest Mar 26, 2026 (5 filings since Feb 9, 2022)
BlackRock Filed SC 13G/A on Cheniere Energy, latest Oct 24, 2024 (4 filings since Feb 1, 2022)
Carl C. Et Al Icahn Filed SC 13D/A on Cheniere Energy, latest Mar 8, 2022 (2 filings since Mar 1, 2022)

Cheniere Energy Houston, Texas, United States
- Cheniere Corpus Christi Holdings, LLC Houston, Texas, United States
  - CHENIERE CORPUS CHRISTI PIPELINE, L.P. Subsidiary · Houston, Texas, United States
  - CORPUS CHRISTI LIQUEFACTION, LLC Subsidiary · Houston, Texas, United States
- Cheniere Energy Partners, L.P. Houston, Texas, United States
- Sabine Pass Liquefaction, LLC Houston, Texas, United States
- CCL Midscale 8-9, LLC Subsidiary · Delaware, United States
- Cheniere ADCC Investments, LLC Subsidiary · Delaware, United States
- Cheniere CCH HoldCo I, LLC Subsidiary · Delaware, United States
- Cheniere CCH HoldCo II, LLC Subsidiary · Delaware, United States
- Cheniere Corpus Christi Pipeline, L.P. Subsidiary · Delaware, United States
- CHENIERE CREOLE TRAIL PIPELINE, L.P. Subsidiary · Houston, Texas, United States
- Cheniere Energy Investments, LLC Subsidiary · Delaware, United States
- Cheniere Energy Operating Co., Inc. Subsidiary · Delaware, United States
- Cheniere Energy Partners GP, LLC Subsidiary · Delaware, United States
- Cheniere Energy Partners LP Holdings, LLC Subsidiary · Delaware, United States
- Cheniere Energy Shared Services, Inc. Subsidiary · Delaware, United States
- Cheniere Financial Services, LLC Subsidiary · Delaware, United States
- Cheniere Foundation (fka Cheniere Cares, Inc.) Subsidiary · Texas, United States
- Cheniere GP Holding Company, LLC Subsidiary · Delaware, United States
- Cheniere Ingleside Marine Terminal, LLC Subsidiary · Delaware, United States
- Cheniere Land Holdings, LLC Subsidiary · Delaware, United States
- Cheniere Liquids, LLC Subsidiary · Delaware, United States
- Cheniere LNG O&M Services, LLC Subsidiary · Delaware, United States
- Cheniere LNG Terminals, LLC Subsidiary · Delaware, United States
- Cheniere Logistics, LLC Subsidiary · Delaware, United States
- Cheniere Low Carbon Ventures, LLC Subsidiary · Delaware, United States
- Cheniere Major Project Development, LLC Subsidiary · Delaware, United States
- and 25 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Cheniere Energy reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Property and equipment, net	$35.8B¹³ Dec 31, 2025	$33.6B¹³ Dec 31, 2024	+6.6%
Finance-lease assets	$861.0M¹³ Dec 31, 2025	$478.0M¹³ Dec 31, 2024	+80.1%
Operating-lease assets (leased space)	$2.7B¹³ Dec 31, 2025	$2.7B¹³ Dec 31, 2024	+0.6%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$1.1B¹³ Dec 31, 2025	$2.6B¹³ Dec 31, 2024	−58.3%
Stakes in other companies (equity method)	$78.0M¹³ Dec 31, 2025	$129.0M¹³ Dec 31, 2024	−39.5%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$77.0M¹³ Dec 31, 2025	$77.0M¹³ Dec 31, 2024	0%

Inventory

Item	Latest	A year before	Change
Inventory, total	$524.0M¹³ Dec 31, 2025	$501.0M¹³ Dec 31, 2024	+4.6%

The story

Initially an oil-and-gas exploration company, the company shifted its focus in the early 2000s to developing liquified natural gas regas terminals, beginning with a terminal in Sabine Pass, Louisiana in March 2005. The company faltered in the late 2000s as LNG imports dried up due to international competition. In 2016 Cheniere founder Charif Souki was ousted after a dispute with investor Carl Icahn.

In the late 2010s, as natural gas production rose in the United States, the company grew significantly and in 2016 became an exporter of LNG to international markets.

Cheniere published its second annual corporate responsibility report in June 2021. Cheniere says it is taking innovative steps towards quantifying, monitoring, reporting and verifying data in partnership with producers and institutions in an effort to find opportunities to lower emissions.

In 2018 Cheniere Energy signed an agreement with CPC Corporation, Taiwan to supply liquefied natural gas for 25 years in a contract worth approximately US$25b. Deliveries to Taiwan are set to begin in 2021.

Cheniere and ENN Group reached a deal in 2021 which ENN would buy LNG from Cheniere. However, this deal was interrupted by the China–United States trade war before the parties came to a deal 20 year deal in 2023.

The company spends $800 million USD annually in pipeline transit fees to supply its expanding export facilities and is interested in constructing its own pipelines to access other pipelines and gas production fields.

In 2024, the CEO of Cheniere Energy, Jack Fusco, was in a meeting with Donald Trump where Trump promised to dismantle various environmental policies and climate mitigation efforts.

Liquefaction facilities

Through its subsidiaries, Cheniere Energy owns and operates two natural gas liquefaction and export facilities located in the United States: Sabine Pass LNG Terminal in Cameron Parish, Louisiana at Sabine Pass and Corpus Christi LNG Terminal near Corpus Christi, Texas.

Read the full text

On December 30, 2024, Cheniere Energy announced the successful production of the first liquefied natural gas from a new facility at its Corpus Christi LNG Terminal. This was an important step in the Corpus Christi Stage 3 expansion project, which commenced construction in mid-2022, led by its primary contractor, Bechtel Energy. The Corpus Christi Stage 3 expansion project is designed to increase the terminal's liquefied natural gas production capacity by an additional 10 million metric tonnes per annum. As of November 30, 2024, the overall project completion rate stood at 75.9%.

From Wikipedia’s article on Cheniere Energy, shared under CC BY-SA 4.0.⁸

Leadership

Who has led Cheniere Energy, and when. Pick a name to see everywhere that person has worked.

Chief executive

Chair

President

Chief financial officer

Chief operating officer

200020052010201520202025

Chief executive officerJack A. Fusco May 16, 2016 to now²¹
Chief executive officerNeal A. Shear Dec 22, 2015 to Jun 17, 2016²²
Chief executive officerCharif Souki Dec 30, 2003 to Dec 4, 2015²³
ChairWalter L. Williams Dec 16, 2003 to Dec 16, 2003²⁴
ChairCharif Souki Dec 30, 2003 to Dec 4, 2015²³
PresidentJack A. Fusco May 16, 2016 to now²¹
PresidentNeal A. Shear Dec 22, 2015 to Dec 22, 2015²²
PresidentStanley C. Horton Apr 19, 2005 to Jan 23, 2008²⁵
PresidentCharif Souki Dec 30, 2003 to Dec 4, 2015²³
Chief financial officerZach Davis Aug 7, 2020 to now²⁶
Chief financial officerMichael J. Wortley Jan 24, 2014 to Feb 18, 2020²⁷
Chief financial officerHoward Davis Thames Jul 2, 2013 to Jan 6, 2014²⁸
Chief financial officerMeg Gentle Nov 20, 2009 to May 30, 2013²⁹
Chief financial officerDon A. Turkleson Dec 30, 2003 to Jan 13, 2009³⁰
Chief operating officerCorey Grindal Jan 12, 2023 to Feb 13, 2024³¹
Chief operating officerStanley C. Horton Apr 19, 2005 to Jan 23, 2008²⁵

Board members and other officers (58)

SVP, OperationsMaas Hinz Oct 9, 2024 to now³²
VP & Chief Accounting OfficerDavid L. Slack Mar 8, 2022 to now³³
SVP, OperationsAaron D. Stephenson Nov 12, 2019 to Dec 5, 2022³⁴
Interim GC & Corp SecSean N. Markowitz Jun 13, 2016 to Jun 13, 2016³⁵
SVP, OperationsDoug Shanda Sep 26, 2016 to Feb 19, 2019³⁶
SVP, Engineer and ConstructionEd Lehotsky Sep 26, 2016 to Oct 3, 2018³⁷
SVP - Bus. Dev. & CommKatie Pipkin Mar 6, 2014 to Aug 11, 2016³⁸
SVP - Strategy & Corp. Dev.Anatol Feygin Apr 3, 2014 to now³⁹
VP & Chief Accounting OfficerLeonard Travis Dec 16, 2013 to Feb 14, 2022⁴⁰
Sr. VP - InternationalJean Abiteboul Jan 23, 2008 to Feb 3, 2016⁴¹
Senior Vice PresidentMeg Gentle Feb 27, 2008 to Aug 11, 2016⁴²
Sr. VP, Corporate DevelopmentStuart J. Wagner Apr 10, 2007 to May 5, 2008⁴³
VP - Mktg. Strategy & AnalysisHoward Davis Thames Nov 9, 2007 to Jun 5, 2013⁴⁴
VP Pipeline OperationsR. Keith Teague Aug 14, 2006 to Aug 11, 2016⁴⁵
Sr. VP & Chief Risk OfficerDavid B. Gorte Aug 28, 2006 to Jan 23, 2008⁴⁶
Vice PresidentJonathan S. Gross Jan 20, 2004 to Jan 22, 2008⁴⁷
Vice PresidentKeith M. Meyer Feb 4, 2004 to May 30, 2007⁴⁸
Vice chairWalter L. Williams Feb 4, 2004 to Apr 22, 2008⁴⁹
Vice President/ControllerCraig K. Townsend Jun 10, 2004 to Jan 15, 2008⁵⁰
Sr. V. Pres. & Gen. CounselZurab S. Kobiashvili Nov 17, 2004 to Jul 29, 2005⁵¹
Board memberBritt J. Vitalone Jul 16, 2026 to now⁵²
Board memberW. Benjamin Moreland Jan 23, 2025 to now⁵³
Board memberMatthew Jk Runkle Apr 14, 2023 to now⁵⁴
Board memberDenise Gray May 15, 2023 to now⁵⁵
Board memberScott Bennett Peak Apr 7, 2022 to now⁵⁶
Board memberBrian E. Edwards Oct 5, 2022 to now⁵⁷
Board memberAndrew Teno Feb 12, 2021 to May 16, 2022⁵⁸
Board memberLorraine Mitchelmore Jul 6, 2021 to now⁵⁹
Board memberPatricia K. Collawn Jul 6, 2021 to now⁶⁰
Board memberSean Klimczak Oct 8, 2020 to Oct 8, 2020⁶¹
Board memberMichele A. Evans Jun 11, 2019 to May 18, 2020⁶²
Board memberCourtney Mather May 21, 2018 to May 18, 2020⁶³
Board memberAndrew Langham Aug 15, 2017 to May 17, 2021⁶⁴
Board memberJohn J. Lipinski Aug 15, 2017 to Aug 15, 2017⁶⁵
Board memberJack A. Fusco Jun 8, 2016 to now⁶⁶
Board memberJonathan Christodoro Aug 25, 2015 to May 22, 2017⁶⁷
Board memberSamuel J. Merksamer Aug 25, 2015 to May 22, 2017⁶⁸
Board memberHeather Zichal Jun 23, 2014 to Jul 9, 2018⁶⁹
Board memberNeal A. Shear Jun 23, 2014 to now⁷⁰
Board memberDonald F. Robillard Jr. Sep 15, 2014 to now⁷¹
Board memberRandy A. Foutch Jul 19, 2013 to Oct 14, 2014⁷²
Board memberDavid Foley Aug 20, 2012 to May 20, 2019⁷³
Board memberG. Andrea Botta Aug 12, 2010 to now⁷⁴
Board memberD. Dwight Scott Aug 25, 2008 to Jun 16, 2010⁷⁵
Board memberJason Griffin New Aug 25, 2008 to Jun 16, 2010⁷⁶
Board memberVicky A. Bailey Mar 31, 2006 to Jan 5, 2023⁷⁷
Board memberJohn M. Deutch Dec 19, 2006 to Sep 15, 2014⁷⁸
Board memberCharif Souki Feb 4, 2004 to Feb 16, 2016⁷⁹
Board memberNuno Brandolini Feb 4, 2004 to May 17, 2021⁸⁰
Board memberPaul J. Hoenmans Feb 4, 2004 to Sep 15, 2014⁸¹
Board memberWalter L. Williams Feb 4, 2004 to Sep 25, 2014⁴⁹
Board memberDon A. Turkleson Nov 12, 2004 to Nov 12, 2004⁸²
Board memberKeith F. Carney Jul 22, 2003 to Sep 15, 2014⁸³
Board memberDavid B. Kilpatrick Aug 12, 2003 to May 16, 2022⁸⁴
Board memberCharles M. Reimer Nov 17, 2003 to Nov 17, 2003⁸⁵
General counselSean N. Markowitz Oct 4, 2016 to now⁸⁶
General counselGreg W. Rayford Mar 3, 2011 to May 18, 2016⁸⁷
General counselZurab S. Kobiashvili Jun 10, 2004 to Jan 13, 2009⁸⁸

Products and brands

liquefied natural gas

Listed on Wikidata.¹

Subsidiaries and ownership

Also consolidated

Subsidiaries (Exhibit 21)

CCL Midscale 8-9, LLC Delaware⁹
Cheniere ADCC Investments, LLC Delaware⁹
Cheniere CCH HoldCo I, LLC Delaware⁹
Cheniere CCH HoldCo II, LLC Delaware⁹
Cheniere Corpus Christi Holdings, LLC Delaware⁹
Cheniere Corpus Christi Pipeline, L.P. Delaware⁹
Cheniere Creole Trail Pipeline, L.P. Delaware⁹
Cheniere Energy Investments, LLC Delaware⁹
Cheniere Energy Operating Co., Inc. Delaware⁹
Cheniere Energy Partners GP, LLC Delaware⁹
Cheniere Energy Partners LP Holdings, LLC Delaware⁹
Cheniere Energy Partners, L.P. Delaware⁹
Cheniere Energy Shared Services, Inc. Delaware⁹
Cheniere Financial Services, LLC Delaware⁹
Cheniere Foundation (fka Cheniere Cares, Inc.) Texas⁹
Cheniere GP Holding Company, LLC Delaware⁹
Cheniere Ingleside Marine Terminal, LLC Delaware⁹
Cheniere LNG O&M Services, LLC Delaware⁹
Cheniere LNG Terminals, LLC Delaware⁹
Cheniere Land Holdings, LLC Delaware⁹
Cheniere Liquids, LLC Delaware⁹
Cheniere Logistics, LLC Delaware⁹
Cheniere Low Carbon Ventures, LLC Delaware⁹
Cheniere Major Project Development, LLC Delaware⁹

All 53 listed subsidiaries

Cheniere Marketing Holdco, LLC Delaware⁹
Cheniere Marketing International, LLP United Kingdom⁹
Cheniere Marketing PTE Ltd. Singapore⁹
Cheniere Marketing, LLC Delaware⁹
Cheniere Marketing, Ltd. United Kingdom⁹
Cheniere Midship Holdings, LLC Delaware⁹
Cheniere Midstream Holdings, Inc. Delaware⁹
Cheniere Operating, LLC Delaware⁹
Cheniere Overseas Management Services Ltd United Arab Emirates⁹
Cheniere Pipeline GP Interests, LLC Delaware⁹
Cheniere Project Construction, LLC Delaware⁹
Cheniere SCM Holdings, LLC Delaware⁹
Corpus Christi Liquefaction Stage IV, LLC Delaware⁹
Corpus Christi Liquefaction, LLC Delaware⁹
Corpus Christi Pipeline GP, LLC Delaware⁹
Corpus Christi Tug Services, LLC Delaware⁹
GPIL Power Marketing, LLC Delaware⁹
Gregory Connector, LLC Delaware⁹
Gregory Power Investments, LLC Delaware⁹
Sabine Crossing Pipeline, LLC Delaware⁹
Sabine Pass Carbon Solutions, LLC Delaware⁹
Sabine Pass LNG, L.P. Delaware⁹
Sabine Pass LNG-GP, LLC Delaware⁹
Sabine Pass LNG-LP, LLC Delaware⁹
Sabine Pass Liquefaction Stage V, LLC Delaware⁹
Sabine Pass Liquefaction, LLC Delaware⁹
Sabine Pass Project Development, LLC Delaware⁹
Sabine Pass Tug Services, LLC Delaware⁹
Texas Gulf Coast Header, LLC Delaware⁹

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

CHENIERE ENERGY INCNov 27, 1996 to Apr 15, 2019⁷
BEXY COMMUNICATIONS INCJul 15, 1996 to Jun 13, 1996⁷

Timeline

Aug 6, 20268-K Results of operations⁸⁹
Jul 28, 20268-K Regulation FD disclosure⁹⁰
Jul 14, 20268-K Executive or director change; Regulation FD disclosure⁹¹
Jul 2, 20268-K Entered a material agreement; New debt or obligation⁹²
Jun 9, 20268-K Entered a material agreement⁹³
May 27, 20268-K Entered a material agreement; Regulation FD disclosure⁹⁴
May 15, 20268-K Shareholder vote⁹⁵
May 7, 20268-K Results of operations⁹⁶
Apr 28, 20268-K Regulation FD disclosure⁹⁷
Apr 6, 20268-K Executive or director change⁹⁸
Mar 19, 20268-K Entered a material agreement; New debt or obligation⁹⁹
Mar 6, 20268-K Entered a material agreement; Regulation FD disclosure¹⁰⁰
May 16, 2016New chief executive Jack A. Fusco becomes CEO²¹
Dec 22, 2015New chief executive Neal A. Shear becomes CEO²²
Dec 30, 2003New chief executive Charif Souki becomes CEO²³
1996Founded Founded¹

Calendar

Coming up

Oct 29, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $4.75 a share, on Oct 30, 2025.¹⁰¹

When it reported results

Aug 6, 2026Reported quarterly or annual results⁸⁹
May 7, 2026Reported quarterly or annual results⁹⁶
Feb 26, 2026Reported quarterly or annual results¹⁰²
Oct 30, 2025Reported quarterly or annual results¹⁰³
Aug 7, 2025Reported quarterly or annual results¹⁰⁴
May 8, 2025Reported quarterly or annual results¹⁰⁵
Feb 20, 2025Reported quarterly or annual results¹⁰⁶
Oct 31, 2024Reported quarterly or annual results¹⁰⁷

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

328 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 91 major events, 161 insider forms, 12 large holders, 44 other. The latest 20:

Sep 28, 2026SD EDGAR
Sep 22, 2026EFFECT EDGAR
Sep 22, 2026424B3 EDGAR
Sep 2, 2026S-4 EDGAR
Aug 18, 20264 EDGAR
Aug 6, 20268-K EDGAR
Aug 6, 202610-Q EDGAR
Jul 28, 20268-K EDGAR
Jul 16, 20263 EDGAR
Jul 16, 20264 EDGAR
Jul 14, 20268-K EDGAR
Jul 2, 20268-K EDGAR
Jun 9, 20268-K EDGAR
May 27, 20268-K EDGAR
May 15, 20264 EDGAR
May 15, 20264 EDGAR
May 15, 20264 EDGAR
May 15, 20264 EDGAR
May 15, 20264 EDGAR
May 15, 20264 EDGAR

The 328 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

14 open-market trades by officers, directors and large owners since October 2021: 1 buys and 13 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Mar 30, 2026	Davis ZachEVP & CFO	Sale	29,000	$300.00	$8.7M	Form 4
Mar 27, 2026	BOTTA G ANDREADirector	Sale	5,000	$296.47	$1.5M	Form 4
Mar 26, 2026	Feygin AnatolEVP & Chief Commercial Officer	Sale	40,432	$290.98	$11.8M	Form 4
Mar 26, 2026	Markowitz Sean NEVP, CLO and Corp Sec	Sale	22,246	$290.98	$6.5M	Form 4
Mar 2, 2026	SHEAR NEAL ADirector	Sale	4,100	$248.71	$1.0M	Form 4
Nov 4, 2025	MORELAND W BENJAMINDirector	Buy	5,000	$208.22	$1.0M	Form 4
Jun 5, 2025	SHEAR NEAL ADirector	Sale	4,300	$245.93	$1.1M	Form 4
Feb 27, 2025	BOTTA G ANDREADirector	Sale	9,000	$219.51	$2.0M	Form 4
Feb 26, 2025	Feygin AnatolEVP & Chief Commercial Officer	Sale	23,478	$216.43	$5.1M	Form 4
Jan 3, 2023	BAILEY VICKY ADirector	Sale	2,700	$141.50	$382.1K	Form 4
Aug 23, 2022	Stephenson Aaron D.SVP, Operations	Sale	3,000	$168.21	$504.6K	Form 4
Aug 18, 2022	BOTTA G ANDREADirector	Sale	9,200	$167.05	$1.5M	Form 4
Mar 31, 2022	SHEAR NEAL ADirector	Sale	10,318	$140.16	$1.4M	Form 4
Jan 3, 2022	BAILEY VICKY ADirector	Sale	2,501	$102.35	$256.0K	Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 28, 2026¹⁰⁸
VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 9, 2022 to Mar 26, 2026¹⁰⁹
BlackRockSC 13G/A, 4 filings Feb 1, 2022 to Oct 24, 2024¹¹⁰
Carl C. Et Al IcahnSC 13D/A, 2 filings Mar 1, 2022 to Mar 8, 2022¹¹¹

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

Year	Executive	Age	Salary	Total pay
2025	Jack A. FuscoPresident and CEO	63	$1.8M	$25.6M¹¹²
2025	Zach DavisEVP and CFO	41	$861.5K	$7.0M¹¹²
2025	Anatol FeyginEVP and Chief Commercial Officer	57	$778.8K	$6.3M¹¹²
2025	Sean N. MarkowitzEVP, Chief Legal Officer and Corporate Secretary	52	$778.8K	$6.3M¹¹²
2025	Maas HinzSVP, Operations	53	$671.2K	$4.8M¹¹²
2024	Jack A. FuscoPresident and CEO	63	$1.7M	$24.2M¹¹²
2024	Zach DavisEVP and CFO	41	$785.6K	$6.4M¹¹²
2024	Anatol FeyginEVP and Chief Commercial Officer	57	$740.4K	$6.0M¹¹²
2024	Sean N. MarkowitzEVP, Chief Legal Officer and Corporate Secretary	52	$740.4K	$6.0M¹¹²
2024	Maas HinzSVP, Operations	53	$560.6K	$4.2M¹¹²
2023	Jack A. FuscoPresident and CEO	63	$1.6M	$21.6M¹¹²
2023	Zach DavisEVP and CFO	41	$710.6K	$5.9M¹¹²
2023	Sean N. MarkowitzEVP, Chief Legal Officer and Corporate Secretary	52	$695.2K	$5.5M¹¹²
2023	Anatol FeyginEVP and Chief Commercial Officer	57	$692.3K	$5.5M¹¹²

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
BlackRock, Inc.	17,712,080	$4.2B	0.1%	−140,003
Vanguard Portfolio Management LLC	9,603,722	$2.3B	0.1%	+279,077
Vanguard Capital Management LLC	9,476,116	$2.3B	0.0%	+325,827
State Street Corp	5,938,476	$1.4B	0.0%	−256,068
Fmr LLC	4,938,766	$1.2B	0.1%	+1,037,181
Morgan Stanley	4,573,650	$1.1B	0.1%	−635,476
Geode Capital Management, LLC	3,717,072	$885.8M	0.0%	−228,694
Norges Bank	3,581,124	$855.9M	0.1%	New
Jpmorgan Chase & Co	3,109,949	$758.7M	0.0%	−861,714
Canada Pension Plan Investment Board	3,112,696	$744.0M	0.4%	−961,833
Tortoise Capital Advisors, L.l.c.	2,941,182	$703.0M	7.1%	+383,398
Manufacturers Life Insurance Company, The	2,633,763	$629.5M	0.5%	−1,056,172
Massachusetts Financial Services Co /ma/	2,559,742	$617.6M	0.2%	−487,535
Royal Bank Of Canada	2,520,022	$602.3M	0.1%	−327,896
Wellington Management Group Llp	2,444,403	$584.2M	0.1%	+1,656,194
Goldman Sachs Group Inc	2,357,818	$563.5M	0.1%	+598,420
Dimensional Fund Advisors LP	2,276,672	$544.2M	0.1%	+138,531
D. E. Shaw & Co., Inc.	2,161,262	$516.6M	0.3%	+378,402
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	2,135,088	$510.3M	0.1%	+239,680
Bank Of America Corp /de/	2,132,339	$509.7M	0.0%	−452,154
Bank of New York Mellon Corp	2,100,394	$502.0M	0.1%	−143,874
Millennium Management LLC	2,069,180	$494.6M	0.3%	+617,915
Invesco Ltd.	2,048,648	$489.6M	0.0%	−10,468
Neuberger Berman Group LLC	1,934,884	$462.5M	0.3%	−117,393
Nuveen, LLC	1,920,586	$459.0M	0.1%	−353,706

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

14 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

Date	Member	Trade	Amount	Vs S&P since	Filing
Dec 12, 2025	Josh GottheimerDemocratic, House	Sale	$1,001 - $15,000	−34.2%	Report
May 12, 2025	Jefferson ShreveRepublican, House	Sale	$15,001 - $50,000	+11.3%	Report
Apr 22, 2025	Josh GottheimerDemocratic, House	Buy	$1,001 - $15,000	−24.9%	Report
Apr 7, 2025	Jefferson ShreveRepublican, House	Partial sale	$15,001 - $50,000	+15.0%	Report
Oct 15, 2024	Greg LandsmanDemocratic, House	Sale	$1,001 - $15,000	−18.8%	Report
Feb 1, 2024	Josh GottheimerDemocratic, House	Sale	$1,001 - $15,000	−13.5%	Report
Sep 19, 2023	Greg LandsmanDemocratic, House	Buy	$1,001 - $15,000	−1.6%	Report
May 19, 2023	Josh GottheimerDemocratic, House	Partial sale	$1,001 - $15,000	−13.4%	Report
May 16, 2023	Maria Elvira SalazarRepublican, House	Sale	$50,001 - $100,000	−7.3%	Report
Oct 13, 2022	Josh GottheimerDemocratic, House	Buy	$1,001 - $15,000	−54.2%	Report
Apr 15, 2020	David A Perdue , Jr, Senate	Sale	$15,001 - $50,000	−426.0%	Report
Mar 26, 2020	David A Perdue , Jr, Senate	Buy	$1,001 - $15,000	+508.5%	Report
Feb 19, 2020	David A Perdue , Jr, Senate	Partial sale	$1,001 - $15,000	−276.2%	Report
Dec 16, 2019	David A Perdue , Jr, Senate	Buy	$1,001 - $15,000	+214.4%	Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Cheniere Energy is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARCheniere Energy, Inc.²
CIK0000003570
Employer ID (EIN)95-4352386¹¹³
Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company¹¹³
Incorporated inDelaware¹¹³
Fiscal year endsDecember 31²
Industry code (SIC)4924 Natural Gas Distribution²
SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance²
Business address845 Texas Avenue, Suite 1250, Houston, TX 77002²
Phone7133755000²
Shares outstanding206,534,158 as of Jul 31, 2026¹⁹
Public float$53.6B as of Jun 30, 2025¹¹³
AuditorKPMG LLP, Houston, Texas PCAOB ID 185; it also attests to the company’s internal control over financial reporting¹¹³
On EDGAR sinceJun 3, 1996²
Filings2,604 in all: 4 (1,209), 8-K (612), SC 13G/A (94), 10-Q (90), 3 (66), SC 13D/A (50), SC 13G (45), DEF 14A (35)²
All 60 form types
UPLOAD (34), 10-K (30), CORRESP (27), CT ORDER (23), IRANNOTICE (21), 4/A (19), 424B3 (19), 10-Q/A (17), 10-K/A (14), PRE 14A (14), S-8 (14), 144 (13), S-3 (13), S-3/A (13), ARS (12), 5 (11), 8-K/A (10), SC 13D (10), 424B5 (9), 3/A (7), EFFECT (6), 425 (5), S-1/A (5), 424B7 (4), DEFA14A (4), S-4 (4), 424B2 (3), 8-A12B (3), 8-A12B/A (3), REGDEX (3), S-3ASR (3), SD (3), 25 (2), 424B1 (2), DEL AM (2), POS AM (2), PRER14A (2), S-1 (2), SCHEDULE 13G/A (2), 10-K405 (1), 10QSB (1), 15-12G (1), 5/A (1), CERT (1), D (1), DEFS14A (1), FWP (1), PRES14A (1), PX14A6G (1), S-4/A (1), S-8 POS (1), SCHEDULE 13G (1)
Latest filingsAnnual report (10-K) Feb 26, 2026
Quarterly report (10-Q) Aug 6, 2026
Proxy statement (DEF 14A) Apr 7, 2026
Latest 8-K (8-K) Aug 6, 2026

Securities registered for trading

Class	Symbol	Exchange
Common Stock, $ 0.003 par value	LNG	New York Stock Exchange

From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).¹¹³

Risk factors and legal proceedings

The risks Cheniere Energy names in Item 1A of its 10-K filed Feb 26, 2026: 26 risks under these headings, as written.¹¹³

Risks Relating to Our Financial Matters
An inability to source capital to supplement our available cash resources and existing credit facilities could cause us to have inadequate liquidity and could materially and adversely affect us.
Our ability to generate cash is substantially dependent upon the performance by customers under long-term contracts that we have entered into, and we could be materially and adversely affected if any significant portion of our customers fails to perform its contractual obligations for any reason.
We and our subsidiaries may be restricted under the terms of our and their indebtedness from paying dividends or distributions under certain circumstances, which could materially and adversely affect our liquidity.
Restrictions in agreements governing us and our subsidiaries’ indebtedness may prevent us and our subsidiaries from engaging in certain beneficial transactions, which could materially and adversely affect us.
Our use of derivative instruments, including our IPM agreements, to manage risks could have a significant adverse or otherwise volatile effect on our earnings reported under GAAP and our liquidity.
Our ability to declare and pay dividends and repurchase shares is subject to certain considerations.
Risks Relating to Our Operations and Industry
Catastrophic weather events or other disasters could result in an interruption of our operations, a delay in the construction of our Liquefaction Projects, damage to our Liquefaction Projects and increased insurance costs, all of which could adversely affect us.
Disruptions to the third party supply of natural gas to our pipelines and facilities could have a material adverse effect on our business, contracts, financial condition, operating results, cash flow, liquidity and prospects.
We may not be able to purchase or receive physical delivery of sufficient natural gas to satisfy our delivery obligations under the SPAs, which could have a material adverse effect on us.
We are subject to significant construction and operating hazards and uninsured risks, one or more of which may create significant liabilities and losses for us.

The other 16 risks

We are dependent on our EPC partners and other contractors for the successful completion of the Corpus Christi Stage 3 Project, the CCL Midscale Trains 8 & 9 Project and any potential expansion projects, including the SPL Expansion Project and the CCL Expansion Project.
Cost overruns and delays in the construction of our expansion projects, including the Corpus Christi Stage 3 Project, the CCL Midscale Trains 8 & 9 Project, the SPL Expansion Project and the CCL Expansion Project, as well as difficulties in obtaining sufficient financing to pay for such costs and delays, could have a material adverse effect on our business, contracts, financial condition, operating results, cash flow, liquidity and prospects.
Our ability to complete development and/or construction of additional Trains, including the SPL Expansion Project and the CCL Expansion Project, will be contingent on our ability to obtain additional funding. If we are unable to obtain sufficient funding, we may be unable to fully execute our growth strategy.
There may be impediments to the transport of LNG to customers, such as shortages of LNG vessels worldwide or operational impacts on LNG shipping, which could have a material adverse effect on our business, contracts, financial condition, operating results, cash flow, liquidity and prospects.
Changes to U.S. trade policy could have a material adverse effect on our business, contracts, financial condition, operating results, cash flow, liquidity and prospects.
Cyclical or other changes in the demand for and price of LNG and natural gas may adversely affect our LNG business and the performance of our customers and could have a material adverse effect on our business, contracts, financial condition, operating results, cash flow, liquidity and prospects.
Failure of exported LNG to be a long term competitive source of energy for international markets could adversely affect our customers and could materially and adversely affect our business, contracts, financial condition, operating results, cash flow, liquidity and prospects.
We face competition based upon the international market price for LNG.
A cyberattack involving our business, operational control systems or related infrastructure, or that of third parties with whom we do business, including pipelines which supply our Liquefaction Projects, or an attack on our critical suppliers, could negatively impact our business or operations, result in data security breaches, impede the processing of transactions, delay financial or compliance reporting and potentially harm our reputation.
We may experience increased labor costs, and the unavailability of skilled workers or our failure to attract and retain qualified personnel could adversely affect us. In addition, changes in our senior management or other key personnel could affect our business results.
Outbreaks of infectious diseases, such as COVID-19, at one or more of our facilities could adversely affect our operations or business.
Risks Relating to Regulations
Failure to obtain and maintain approvals and permits from governmental and regulatory agencies with respect to the design, construction and operation of our facilities, the development and operation of our pipelines and the export of LNG could impede operations and construction and could have a material adverse effect on our business, contracts, financial condition, operating results, cash flow, liquidity and prospects.
Our interstate natural gas pipelines and their FERC gas tariffs are subject to FERC regulation. If we fail to comply with such regulation, we could be subject to substantial penalties and fines.
Existing and future safety, environmental and similar laws and governmental regulations could result in increased compliance costs or additional operating costs or construction costs and restrictions.
Pipeline safety and compliance programs and repairs may impose significant costs and liabilities on us.
Additions or changes in tax laws and regulations or variables impacting our tax obligations could potentially affect our financial results or liquidity.

Legal proceedings

We are, and may in the future be, involved as a party to various legal proceedings, which are incidental to the ordinary course of business. We regularly analyze current information and, as necessary, provide accruals for probable liabilities on the eventual disposition of these matters.

LDEQ Matter

We are in discussions with the LDEQ to resolve alleged non-compliance with national emission standards for formaldehyde from combustion turbines at the Sabine Pass LNG Terminal. The allegations are identified in a Consolidated Compliance Order and Notice of Potential Penalty, Tracking No. AE-CN-22-00833 (the “2023 Compliance Order”) issued by the LDEQ on April 12, 2023. In August 2004, the EPA stayed the application of the emission standard to combustion turbines such as those at the Sabine Pass LNG Terminal. In March 2022, the EPA lifted the stay, and in June 2022, we petitioned the EPA and LDEQ for approval of additional operating parameters to demonstrate compliance with the emission limitation. The EPA approved the petition on July 31, 2025 and in October 2025 the LDEQ confirmed that all remaining milestones under the 2023 Compliance Order have been met. We continue to work with the LDEQ to resolve the 2023 Compliance Order. As of December 2025, we had filed test results with the LDEQ indicating that for the 2025 testing period all 44 turbines met the relevant compliance standard. We do not expect that any ultimate penalty will have a material adverse impact on our financial results.

The opening of Item 3, Legal Proceedings.¹¹³

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataCheniere Energy on Wikidata
2
SEC EDGARCheniere Energy filings on SEC EDGAR
3
WikipediaCheniere Energy on Wikipedia
4
GLEIFCheniere Energy LEI record (MIHC87W9WTYSYZWV1J40)
5
Yahoo FinanceLNG quote
6
Company websiteCheniere Energy logo
7
SEC EDGARCheniere Energy filings on SEC EDGAR
8
WikipediaCheniere Energy on Wikipedia (revision used)
9
SEC EDGARCheniere Energy annual report, Exhibit 21 (subsidiaries)
10
GLEIFCheniere Corpus Christi Holdings, LLC: LEI record
11
GLEIFCheniere Energy Partners, L.P.: LEI record
12
GLEIFSabine Pass Liquefaction, LLC: LEI record
13
SEC EDGARCheniere Energy 10-K for fiscal 2025
14
SEC EDGARCheniere Energy 10-K for fiscal 2019
15
SEC EDGARCheniere Energy 10-K for fiscal 2020
16
SEC EDGARCheniere Energy 10-K for fiscal 2021
17
SEC EDGARCheniere Energy 10-K for fiscal 2022
18
SEC EDGARCheniere Energy 10-Q for fiscal 2026
19
SEC EDGARCheniere Energy 10-Q for fiscal 2026
20
SEC EDGARCheniere Energy 10-K for fiscal 2019
21
SEC EDGARJack A. Fusco, Chief executive officer
22
SEC EDGARNeal A. Shear, Chief executive officer
23
SEC EDGARCharif Souki, Chief executive officer
24
SEC EDGARWalter L. Williams, Chair
25
SEC EDGARStanley C. Horton, President
26
SEC EDGARZach Davis, Chief financial officer
27
SEC EDGARMichael J. Wortley, Chief financial officer
28
SEC EDGARHoward Davis Thames, Chief financial officer
29
SEC EDGARMeg Gentle, Chief financial officer
30
SEC EDGARDon A. Turkleson, Chief financial officer
31
SEC EDGARCorey Grindal, Chief operating officer
32
SEC EDGARMaas Hinz, SVP, Operations
33
SEC EDGARDavid L. Slack, VP & Chief Accounting Officer
34
SEC EDGARAaron D. Stephenson, SVP, Operations
35
SEC EDGARSean N. Markowitz, Interim GC & Corp Sec
36
SEC EDGARDoug Shanda, SVP, Operations
37
SEC EDGAREd Lehotsky, SVP, Engineer and Construction
38
SEC EDGARKatie Pipkin, SVP - Bus. Dev. & Comm
39
SEC EDGARAnatol Feygin, SVP - Strategy & Corp. Dev.
40
SEC EDGARLeonard Travis, VP & Chief Accounting Officer
41
SEC EDGARJean Abiteboul, Sr. VP - International
42
SEC EDGARMeg Gentle, Senior Vice President
43
SEC EDGARStuart J. Wagner, Sr. VP, Corporate Development
44
SEC EDGARHoward Davis Thames, VP - Mktg. Strategy & Analysis
45
SEC EDGARR. Keith Teague, VP Pipeline Operations
46
SEC EDGARDavid B. Gorte, Sr. VP & Chief Risk Officer
47
SEC EDGARJonathan S. Gross, Vice President
48
SEC EDGARKeith M. Meyer, Vice President
49
SEC EDGARWalter L. Williams, Vice chair
50
SEC EDGARCraig K. Townsend, Vice President/Controller
51
SEC EDGARZurab S. Kobiashvili, Sr. V. Pres. & Gen. Counsel
52
SEC EDGARBritt J. Vitalone, Board member
53
SEC EDGARW. Benjamin Moreland, Board member
54
SEC EDGARMatthew Jk Runkle, Board member
55
SEC EDGARDenise Gray, Board member
56
SEC EDGARScott Bennett Peak, Board member
57
SEC EDGARBrian E. Edwards, Board member
58
SEC EDGARAndrew Teno, Board member
59
SEC EDGARLorraine Mitchelmore, Board member
60
SEC EDGARPatricia K. Collawn, Board member
61
SEC EDGARSean Klimczak, Board member
62
SEC EDGARMichele A. Evans, Board member
63
SEC EDGARCourtney Mather, Board member
64
SEC EDGARAndrew Langham, Board member
65
SEC EDGARJohn J. Lipinski, Board member
66
SEC EDGARJack A. Fusco, Board member
67
SEC EDGARJonathan Christodoro, Board member
68
SEC EDGARSamuel J. Merksamer, Board member
69
SEC EDGARHeather Zichal, Board member
70
SEC EDGARNeal A. Shear, Board member
71
SEC EDGARDonald F. Robillard Jr., Board member
72
SEC EDGARRandy A. Foutch, Board member
73
SEC EDGARDavid Foley, Board member
74
SEC EDGARG. Andrea Botta, Board member
75
SEC EDGARD. Dwight Scott, Board member
76
SEC EDGARJason Griffin New, Board member
77
SEC EDGARVicky A. Bailey, Board member
78
SEC EDGARJohn M. Deutch, Board member
79
SEC EDGARCharif Souki, Board member
80
SEC EDGARNuno Brandolini, Board member
81
SEC EDGARPaul J. Hoenmans, Board member
82
SEC EDGARDon A. Turkleson, Board member
83
SEC EDGARKeith F. Carney, Board member
84
SEC EDGARDavid B. Kilpatrick, Board member
85
SEC EDGARCharles M. Reimer, Board member
86
SEC EDGARSean N. Markowitz, General counsel
87
SEC EDGARGreg W. Rayford, General counsel
88
SEC EDGARZurab S. Kobiashvili, General counsel
89
SEC EDGARResults of operations
90
SEC EDGARRegulation FD disclosure
91
SEC EDGARExecutive or director change; Regulation FD disclosure
92
SEC EDGAREntered a material agreement; New debt or obligation
93
SEC EDGAREntered a material agreement
94
SEC EDGAREntered a material agreement; Regulation FD disclosure
95
SEC EDGARShareholder vote
96
SEC EDGARResults of operations
97
SEC EDGARRegulation FD disclosure
98
SEC EDGARExecutive or director change
99
SEC EDGAREntered a material agreement; New debt or obligation
100
SEC EDGAREntered a material agreement; Regulation FD disclosure
101
NasdaqNasdaq calendar
102
SEC EDGARCheniere Energy 8-K, Item 2.02 (results of operations)
103
SEC EDGARCheniere Energy 8-K, Item 2.02 (results of operations)
104
SEC EDGARCheniere Energy 8-K, Item 2.02 (results of operations)
105
SEC EDGARCheniere Energy 8-K, Item 2.02 (results of operations)
106
SEC EDGARCheniere Energy 8-K, Item 2.02 (results of operations)
107
SEC EDGARCheniere Energy 8-K, Item 2.02 (results of operations)
108
SEC EDGARVANGUARD CAPITAL MANAGEMENT LLC SCHEDULE 13G on Cheniere Energy
109
SEC EDGARVANGUARD GROUP INC SCHEDULE 13G/A on Cheniere Energy
110
SEC EDGARBlackRock SC 13G/A on Cheniere Energy
111
SEC EDGARCarl C. Et Al Icahn SC 13D/A on Cheniere Energy
112
SEC EDGARCheniere Energy proxy statement (DEF 14A), 2025 pay
113
SEC EDGARCheniere Energy 10-K filed Feb 26, 2026: cover page