Cheniere Energy, Inc. (LNG) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.717 Good day and welcome to the Chenier Energy fourth quarter and full year 2025 00:00:05.717 -- 00:00:09.100 conference call. Today's conference is being recorded. 00:00:09.100 -- 00:00:12.904 At this time, I'd like to turn the conference over to Randy Bottier. 00:00:12.904 -- 00:00:15.304 Please go ahead. 00:00:17.849 -- 00:00:21.913 Thanks, operator. Good morning, everyone, and welcome to Chenier's fourth quarter and 00:00:21.913 -- 00:00:26.938 full year 2025 earnings conference call. The slide presentation and access to the 00:00:26.938 -- 00:00:30.929 webcast for today's call are available at Chenier.com. 00:00:30.929 -- 00:00:34.994 Before we begin, I would like to remind all listeners that our remarks, including answers 00:00:34.994 -- 00:00:39.379 to your questions, may contain forward-looking statements, and actual results could differ 00:00:39.379 -- 00:00:42.323 materially from what is described in these statements. 00:00:42.323 -- 00:00:46.167 Slide 2 of our presentation contains a discussion of those forward-looking statements 00:00:46.167 -- 00:00:50.973 and associated risks. In addition, we may include references to certain non-GAAP financial 00:00:50.973 -- 00:00:55.634 measures, such as consolidated adjusted EBITDA and distributable cash flow. 00:00:55.634 -- 00:00:59.660 A reconciliation of these measures to the most comparable GAAP financial measure can 00:00:59.660 -- 00:01:03.323 be found in the appendix to slide presentation. 00:01:03.647 -- 00:01:07.733 As part of our discussion of Chenier's results, today's call may also include selected 00:01:07.733 -- 00:01:12.561 financial information and results for Chenier Energy Partners LP or CQP. 00:01:12.561 -- 00:01:18.351 We do not intend to cover CQP's results separ...