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.