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May 4 , 2021 CHENIERE Cheniere Reports Strong First Quarter 2021 Results and Raises Full Year 2021 Guidance on Strengthening Global LNG Market Conditions HOUSTON -- ( BUSINESS WIRE ) -- Cheniere Energy , Inc. ( " Cheniere " ) ( NYSE American : LNG ) today announced its financial results for first quarter 2021 . HIGHLIGHTS • Consolidated Adjusted EBITDA¹ of approximately $ 1.5 billion for first quarter 2021 , an increase of approximately 40 % compared to first quarter 2020. Distributable Cash Flow¹ of approximately $ 750 million for first quarter 2021 , an increase of approximately 200 % compared to first quarter 2020. Net income² of $ 393 million , or $ 1.56 per share -basic and $ 1.54 per share - diluted , for first quarter 2021 . • Increasing full year 2021 Consolidated Adjusted EBITDA guidance to $ 4.3 - $ 4.6 billion and full year 2021 Distributable Cash Flow guidance to $ 1.6 - $ 1.9 billion due primarily to improved market margins . • Prepaid $ 148 million of outstanding borrowings under the Cheniere Term Loan Facility with available cash in first quarter 2021 , in line with previously announced capital allocation priorities . • Commenced 25 - year LNG Sale and Purchase Agreement ( " SPA " ) with CPC Corporation , Taiwan in January . • Achieved substantial completion of Train 3 of the CCL Project ( defined below ) in March , ahead of schedule and within project budgets . • Accelerated the estimated timeline for substantial completion of Train 6 of the SPL Project ( defined below ) to the first half of 2022 from the second half of 2022. This follows a previous acceleration of the estimated Train 6 substantial completion timeline in July 2020 from the first half of 2023 to the second half of 2022 . • Entered into fixed - fee LNG sales agreements with multiple counterparties for portfolio volumes aggregating approximately 1.7 million tonnes of LNG across 2022 and 2023 . • Supplied a carbon neutral LNG cargo to Shell . Together with Shell , the complete lifecycle greenhouse gas emissions associated with the LNG cargo were offset using nature - based credits by accounting for all estimated CO2 equivalent emissions produced through the entire value chain , from production through use by the final consumer . CEO COMMENT