Cheniere Energy's (LNG) CEO Jack Fusco on Q1 2022 Results - Earnings Call Transcript

Cheniere Energy, Inc. (NYSE:LNG) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET

Company Participants

Randy Bhatia – Investor Relations

Jack Fusco – President and Chief Executive Officer

Anatol Feygin – Executive Vice President and Chief Commercial Officer

Zach Davis – Executive Vice President and Chief Financial Officer

Conference Call Participants

Jeremy Tonet – JPMorgan

Brian Reynolds – UBS

Michael Lapides – Goldman Sachs

Spiro Dounis – Credit Suisse

Jean Ann Salisbury – Bernstein

Sean Morgan – Evercore

Marc Solecitto – Barclays

Ben Nolan – Stifel

Michael Blum – Wells Fargo

Matt Taylor – Tudor, Pickering, Holt & Co.

Operator

Good day, and welcome to the Cheniere Energy Inc Q1 2022 Earnings Call and Webcast. Today’s conference is being recorded.

At this time, I would like to turn the conference over to Mr. Randy Bhatia. Please go ahead, sir.

Randy Bhatia

Thank you, operator. Good morning, everyone, and welcome to Cheniere’s first quarter 2022 earnings conference call. The slide presentation and access to the webcast for today’s call are available at cheniere.com. Joining me this morning are Jack Fusco, Cheniere’s President and CEO; Anatol Feygin, Executive Vice President and Chief Commercial Officer; and Zach Davis, Executive Vice President and CFO.

Before we begin, I would like to remind all listeners that our remarks, including answers to your questions, may contain forward-looking statements and actual results could differ materially from what is described in these statements. Slide 2 of our presentation contains a discussion of those forward-looking statements and associated risks. In addition, we may include references to certain non-GAAP financial measures, such as consolidated adjusted EBITDA and distributable cash flow. A reconciliation of these measures to the most comparable GAAP measure can be found in the appendix to the slide presentation.

As part of our discussion of Cheniere’s results, today’s call may also include selected financial information and results for Cheniere Energy Partners LP, or CQP. We do not intend to cover CQP’s results separately from those of Cheniere Energy, Inc. The call agenda is shown on Slide 3. Jack will begin with operating and financial highlights, Anatol will then provide an update on the LNG market, and Zach will review our financial results and guidance. After prepared remarks, we will open the call for Q&A.

I will now turn the call over to Jack Fusco, Cheniere’s President and CEO.