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Friday, 02/20/2015 11:12:35 AM

Friday, February 20, 2015 11:12:35 AM

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Cheniere Posts Loss for 19th Consecutive Year -- Market Talk

9:50 EST - Though Cheniere (LNG) moves closer to completing facilities which will export the first major amounts of US natural gas, the red ink continued to mount last year. Its loss was $548M , continuing a streak of no annual earnings going back to its 1996 formation. LNG ended 2014 with $9.8B of debt, nearly 50% higher than a year earlier, but the company's first gas-export plants in Louisiana are 81% complete and projected to start up as early as year-end. Shares are down 1.7% at $73.68 . (daniel.gilbert@wsj.com; @WSJGilbert)

(END) Dow Jones Newswires
02-20-15 0950ET
Copyright (c) 2015 Dow Jones & Company, Inc.

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