Cheniere Raises Forecast on Strong LNG Demand
Cheniere Energy raised its full-year earnings forecast and increased its dividend by 12 percent. The company benefited from higher export volumes as Middle East disruptions drove buyers toward US shipments.
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Cheniere Energy raised its full-year earnings forecast on Thursday, driven by higher export volumes as Middle East supply disruptions pushed buyers toward shipments from the United States. Shares of the largest U.S. LNG exporter rose 4% in premarket trading. The company also raised its quarterly dividend by 12% to 62.5 cents per share.
