Summary
Cheniere Energy, Inc.'s (LNG) amended quarterly report for the period ending June 29, 2014, primarily addresses compliance with Section 13(r) of the Exchange Act, related to transactions with Iran. The company explicitly states that neither it nor its affiliates engaged in any such transactions during the quarter. This filing serves to confirm the company's adherence to these specific regulatory requirements, offering investors assurance regarding its compliance posture in this regard.
Financial Highlights
49 data pointsBeta
Financial Statements
Beta
| Revenue | $67.64M |
| R&D Expenses | $15.26M |
| Operating Expenses | $129.78M |
| Operating Income | -$62.20M |
| Interest Expense | $43.79M |
| Net Income | -$201.93M |
| EPS (Basic) | $-0.90 |
| Shares Outstanding (Basic) | 223.60M |
| Shares Outstanding (Diluted) | 223.60M |
Key Highlights
- 1Cheniere Energy, Inc. reported no transactions with Iran or Iran-related entities by itself or its affiliates for the quarter ending June 29, 2014.
- 2The filing is an amendment to the Form 10-Q, indicating a correction or addition to previously filed information.
- 3The company is disclosing information under Section 13(r) of the Securities Exchange Act of 1934 (Iran Threat Reduction and Syria Human Rights Act of 2012).
- 4Blackstone Group, an affiliate through its ownership in Cheniere Partners, has disclosed related Iran activities through one of its portfolio companies, Travelport Limited.
- 5Travelport Limited reportedly provided travel industry-related services to Iran Air and Iran Air Tours.
- 6The gross revenues and net profits from Travelport's activities with Iran were approximately $161,000 and $117,000, respectively, for the quarter.
- 7Blackstone Group reports that Travelport intends to continue these activities, citing exemptions or licenses from the Office of Foreign Assets Control.