Of late, Cheniere Energy, Inc. (LNG Quick QuoteLNG ) announced that its board of directors sanctioned a long-term capital deployment plan (Plan) to attain an investment-grade balance sheet, returning shareholders’ funds and spending on accretive organic growth.
The liquefied natural gas exported achieved a cash flow inflection point and aims to produce $10 billion of cumulative Distributable Cash Flow (DCF) by 2024 with an annual run-rate DCF of $2.6-$3 billion, allowing it to focus on balance-sheet performance, capital returns and accretive expansion. The Plan intends to provide....More>>>