Cheniere Energy Reports Lower Loss on LNG Trains and Derivative Gains

Houston based Cheniere Energy  reported lower than expected second quarter earnings Thursday. $LNG however reduced its loss from  higher LNG revenue and gains on derivatives. and the natural gas company maintained guidance for global demand. 

Cheniere Report Higher Asian LNG Demand, Guides Higher For Global Demand

Houston based Cheniere Energy $LNG reported a loss of $289 million or -$1.24 per share for Q317 Tuesday, adjusted to extinguish debt and asset impairment  -$1.09 per share. LNG posted revenue of $1.4 billion for Q3. What we noted was the higher LNG Demand From Asia and the natural gas company guding higher for global demand.