×

Cheniere Energy reports 3Q loss

HOUSTON (AP) _ Cheniere Energy Inc. (LNG) on Tuesday reported a loss of $289 million in its third quarter.

The Houston-based company said it had a loss of $1.24 per share. Losses, adjusted to extinguish debt and for asset impairment costs, were $1.09 per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.

The natural gas company posted revenue of $1.4 billion in the period.

Cheniere Energy shares have climbed 19 percent since the beginning of the year. The stock has climbed 38 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNG at https://www.zacks.com/ap/LNG