Did Cheniere Energy directly engage in any transactions with Iran in 2015?

No, Cheniere Energy, Inc. explicitly states that it did not engage in any transactions with Iran or with persons or entities related to Iran during the fiscal year ended December 31, 2015.

Why is Cheniere Energy disclosing information about Hilton and Travelport's dealings with Iran?

Cheniere Energy is disclosing this information because its affiliate, Cheniere Partners, has Blackstone CQP Holdco LP as a significant equity holder. Blackstone Group, in turn, has reported these transactions by its portfolio companies (Hilton and Travelport) to comply with Section 13(r) of the Exchange Act. Due to the broad definition of 'affiliate,' Cheniere Energy is indirectly disclosing these potential dealings as reported by Blackstone.

What is Cheniere Energy's stance on these indirect transactions?

Cheniere Energy has not independently verified the disclosures made by Blackstone Group regarding Hilton and Travelport. The company is reporting these as disclosed by Blackstone to comply with regulatory requirements stemming from its affiliate relationships.

Are the disclosed transactions by Hilton and Travelport considered a significant risk for Cheniere Energy?

The filing indicates these are indirect exposures via affiliates and their portfolio companies, not direct transactions by Cheniere Energy. Hilton believes its transaction was exempt from sanctions, and Travelport's activities are stated to be either exempt or licensed. While the exact financial impact on Cheniere is not detailed, the disclosure itself points to a need for investors to be aware of the indirect compliance landscape.

LNG 10-K FY2015 Annual Report — Revenue, Net Income, EPS

Summary

This filing for Cheniere Energy, Inc. (LNG) for the period ending December 30, 2015, primarily addresses compliance disclosures related to transactions with Iran, as mandated by Section 13(r) of the Exchange Act. Cheniere Energy itself confirms no direct transactions with Iran or related entities during fiscal year 2015. However, due to its affiliate relationship with Cheniere Partners, and the significant ownership of Cheniere Partners by Blackstone CQP Holdco LP, Cheniere Energy is disclosing potential indirect exposure through Blackstone's portfolio companies, as reported by Blackstone.

Financial Highlights

53 data points

Beta

Revenue

$271.00M

1.1% Gross Margin

Net Income

-$975.00M

-3.6% Net Margin

EPS (Diluted)

$-4.30

Total Assets

$18.81B

Cash & Equivalents

$1.20B

Free Cash Flow

-$7.34B

Financial Statements

Beta

Revenue	$271.00M
Cost of Revenue	-$15.00M
Gross Profit	$286.00M
R&D Expenses	$42.00M
SG&A Expenses	$363.00M
Operating Expenses	$720.00M
Operating Income	-$449.00M
Interest Expense	$322.00M
Net Income	-$975.00M
EPS (Basic)	$-4.30
Shares Outstanding (Basic)	226.90M
Shares Outstanding (Diluted)	226.90M

Key Highlights

1Cheniere Energy, Inc. confirms no direct engagement in transactions with Iran or its affiliates during the fiscal year 2015.
2The filing discloses potential indirect exposure to Iran-related transactions through its affiliate, Cheniere Partners, and its significant equity holder, Blackstone Group.
3Blackstone Group reported that its portfolio company, Hilton Worldwide Holdings Inc., had a minor transaction involving an Iranian delegation staying at a hotel, which Hilton believes to be exempt from sanctions.
4Blackstone Group also reported that its portfolio company, Travelport Worldwide Limited, provided travel commerce platform and technology services to Iranian airlines, generating revenue and profit.
5Both Hilton and Travelport intend to continue similar activities if permissible under applicable laws and regulations.
6Cheniere Energy has not independently verified the disclosures made by Blackstone Group regarding its portfolio companies.

Cheniere Energy, Inc. Annual Report (Amendment), Year Ended Dec 31, 2015

Summary

Financial Highlights

Key Highlights

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