Cheniere Energy (LNG) Research & Development (2010 - 2023)
Cheniere Energy (LNG) recorded Research & Development of $10 million in Q1 2023, up 100.0% from $5 million a year earlier and up 150.0% from the prior quarter.
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Analysis
Cheniere Energy (LNG) Research & Development (2010 - 2023) Analysis & Trends
On a TTM basis, Cheniere Energy's Research & Development came in at $21 million as of Mar 31, 2023, up 90.9% year-over-year; for FY2022, it was $16 million, up 128.6% from FY2021.
- Annual Research & Development has a five-year compound annual growth rate of 9.9% (FY2017 to FY2022).
- Across earlier years, Research & Development came in at $7 million in FY2021 (+16.7%), $6 million in FY2020 (-33.3%), $9 million in FY2019 (+28.6%) and $7 million in FY2018 (-30.0%).
- The Q1 2023 figure is the highest quarterly Research & Development since Q2 2015.
- On a year-over-year basis, Research & Development has increased for six consecutive quarters, with growth averaging 135.7% over the last seven quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 400.0% in Q1 2022, against a decline of 75.0% in Q1 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $4 million (Q4 2022), $4 million (Q3 2022) and $3 million (Q2 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | - |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | - |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | - |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | - |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | - |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 23.00 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Cheniere Energy Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=LNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=LNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();