Cheniere Energy (LNG) Research & Development (2010 - 2023)
Cheniere Energy (LNG) posted Research & Development of $10.0 million for Q1 2023, up 150.0% sequentially from $4.0 million in Q4 2022, and up 100.0% YoY from $5.0 million in Q1 2022.
Cheniere Energy (LNG) Research & Development (2010 - 2023) Analysis & Trends
Cheniere Energy has reported Research & Development for 14 years, with the latest figure at $10.0 million in Q1 2023.
- Quarterly Research & Development rose 100.0% year-over-year to $10.0 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $21.0 million (up 90.91% YoY) and the FY2022 annual result came in at $16.0 million, up 128.57% from the prior year.
- Research & Development advanced to $10.0 million in Q1 2023 per LNG's latest filing, from $4.0 million in the prior quarter.
- Over five years, Research & Development peaked at $10.0 million in Q1 2023 and troughed at $1.0 million in Q1 2019.
- A 5-year average of $3.0 million and a median of $2.5 million in 2019 frame the typical range for Research & Development.
- The sharpest annual moves came in 2021 and 2022: Research & Development plunged 75.0% in 2021, then surged 400.0% in 2022.
- Over 5 years, Research & Development stood at $3.0 million in 2019, then slumped by 66.67% to $1.0 million in 2020, then surged by 100.0% to $2.0 million in 2021, then surged by 100.0% to $4.0 million in 2022, then soared by 150.0% to $10.0 million in 2023.
- According to Business Quant data, Research & Development over the past three periods registered $10.0 million, $4.0 million, and $4.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | - |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | 23.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 10.00 Mn |
| Dec 31, 2022 | 4.00 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | 5.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 2.00 Mn |
| Jun 30, 2021 | 2.00 Mn |
| Mar 31, 2021 | 1.00 Mn |
| Dec 31, 2020 | 1.00 Mn |
| Jun 30, 2020 | 1.00 Mn |
| Mar 31, 2020 | 4.00 Mn |
| Dec 31, 2019 | 3.00 Mn |
| Sep 30, 2019 | 2.00 Mn |
| Jun 30, 2019 | 3.00 Mn |
| Mar 31, 2019 | 1.00 Mn |
| Dec 31, 2018 | 1.00 Mn |
| Sep 30, 2018 | 2.00 Mn |
| Jun 30, 2018 | 3.00 Mn |
| Mar 31, 2018 | 1.00 Mn |