Cheniere Energy (NYSE:LNG) reported a quarterly loss, driven primarily by negative movements in LNG-linked derivative contract values. Management attributed the hit to derivatives to heightened geopolitical risks and sharp swings in global gas prices during the quarter. The swing to a quarterly loss tied to LNG contract derivatives comes as global gas markets experience pronounced price volatility. Cheniere’s move into a quarterly loss tied to LNG-linked derivatives plays out against wider…
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
