Cheniere Energy Partners LP - Unit

Cheniere Energy reported strong second quarter results, with net income of approximately $880 million, consolidated adjusted EBITDA of approximately $1.3 billion, and distributable cash flow of approximately $700 million.

The company raised and tightened its full-year 2024 guidance ranges for consolidated adjusted EBITDA to $5.7 billion to $6.1 billion and distributable cash flow to $3.1 billion to $3.5 billion.

Cheniere announced a new long-term SPA with Galp for approximately 0.5 million tons for 20 years, demonstrating continued momentum in the development of the SPL expansion project and the importance of U.S. LNG in the European energy system.