Why 2017 Was a Year to Remember for Cheniere Energy, Inc.

Why 2017 Was a Year to Remember for Cheniere Energy, Inc.

If you look at Cheniere Energy, Inc.'s (NYSE: LNG) bottom line in 2017 you probably won't be too impressed. But that's not where the real action is for this liquified natural gas company. If you are willing to step back and look at the big picture, Cheniere's business turned an important corner in 2017, and that makes the future look a lot brighter from here.

Cutting to the chase, most investors look at earnings. On that score, 2017 is set to be yet another year of losses for Cheniere, a company that hasn't turned a full-year profit in a decade. The company earned $0.23 a share in the first quarter before reporting sharply lower earnings in the second and third quarters. Through the first nine months of the year, the company's bottom line loss totals $2.24 a share. That's actually an improvement over the $3.16 a share it lost in the same period of 2016, but it hardly counts as a banner performance.

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Source: Fool.com