CHENIERE ENERGY, INC. March 2018 CHENIERE ENERGY, INC. NYSE American: LNG FIRST QUARTER 2018 CONFERENCE CALL May 4, 2018
Agenda Introduction Randy Bhatia Vice President, Investor Relations Company Highlights Jack Fusco President and Chief Executive Officer Commercial Update Anatol Feygin Executive Vice President and Chief Commercial…
SPL Project OPERATING AND FINANCIAL HIGHLIGHTS Jack Fusco, President and CEO
First Quarter 2018 Operating and Financial Highlights ( in millions, volumes in TBtu) Revenues Consolidated LNG Volumes Exported Adjusted EBITDA Operational Commissioning 26 2,242 907 244 1,211 483 126 1Q 2017 1Q 2018 1Q…
Robust LNG Market Reinforces Positive Outlook for Cheniere LNG Market Fundamentals Supportive Shipping Market Strong Commodity Pricing LNG demand growth continues to Vessel day rates 50% of peak 1Q 2018 LNG pricing more than outpace…
SPL Project COMMERCIAL UPDATE Anatol Feygin, EVP and CCO
Supply Growth Cleared By Strong Asian Demand 2018 Incremental Global LNG Supply & Demand YTD JKM and HH Prices as Percentage of JCC (through end-March 2018) 20% LNG Demand LNG Supply 18% mtpa 10 16% 0.5 (0.4) 14% 9.1 (0.9) JKM…
U.S. Continues to Satisfy the Call on LNG in Asia Quarterly YoY LNG Import Leaders Chinas Top 5 LNG Suppliers (Incremental Q1 2018 vs Q1 2017) (1Q 2018) 6 mtpa Asia Continues to be the 5 4.9 6 mtpq Main Driver of Global 4 Q1…
Operating Capabilities Key to Project Success Sabine Pass Gas Supply Volumes 3.5 Tbtu/day Cheniere is Now the 3.0 Largest Consumer of 2.5 Natural Gas in the U.S. 2.0 1.5 1.0 0.5 Average daily quantity Average daily…
FINANCIAL REVIEW Michael Wortley, EVP and CFO
First Quarter 2018 Results Metric ( in millions, excl. per share and LNG data) 1Q 2018 1Q 2017 Revenues 2,242 1,211 Operating Income 747 376 Net Income 600 172 Net Income Attributable to Common Stockholders 357 54 Net Income per…
Cheniere Investment Thesis Full-service LNG offering, including gas procurement, transportation, liquefaction, and shipping enables flexible solutions tailored to customer needs Positioned as premier LNG provider, with a proven track…
CHENIERE ENERGY, INC. March 2018 CHENIERE ENERGY, INC. NYSE American: LNG FIRST QUARTER 2018 CONFERENCE CALL May 4, 2018
SPL Project, Train 5 CHENIERE OVERVIEW APPENDIX
Sabine Pass Cargo Destinations Approximately 350 Cargoes (1,250 TBtu) Exported from Sabine Pass Since Startup Delivered to 26 Countries and Regions Across the Globe London, U.K. Poland, Lithuania, Netherlands, United Kingdom…
Chenieres Expansive Footprint Sabine Pass Liquefaction Corpus Christi Liquefaction Domestic Pipelines and Legacy Global Corporate Footprint to Project (SPL Project) Project (CCL Project) Assets Facilitate Growth Four trains…
Market Leading Position Along the Value Chain Safe, Reliable, and Efficient Production of LNG GAS SUPPLY COMMERCIAL OPERATIONS ORIGINATION BUSINESS & ASSET OPTIMIZATION DEVELOPMENT Ensure reliable gas delivery to Optimize and…
Cheniere Corporate Structure Cheniere Energy, Inc. (CEI) (NYSE American: LNG) Cheniere Energy Partners CQP GP Cheniere Marketing, LLC Cheniere CCH LP Holdings, LLC (& IDRs) (CMI) Holdco II, LLC (NYSE American: CQH) Cheniere…
Sabine Pass Liquefaction Project Liquefaction Trains 1-5: Fully Contracted Trains 1 through 4 are complete and in operation on budget and ahead of schedule Train 5 Under Construction Train 5 is 89.3% complete overall and has a target…
Corpus Christi LNG Terminal CCL Project Stage 1 Train 3 FID Expected 1H 2018 Trains 1 and 2 are 85.7% complete overall and have target in-service dates of 1H 2019 and 2H 2019, respectively CCL Project Stage 2 Train 3 early…
Reconciliation to Non-GAAP Measures Consolidated Adjusted EBITDA Regulation G Reconciliations In addition to disclosing financial results in accordance with U.S. GAAP, the accompanying news release contains non-GAAP financial measures.…
Loading...
