FINWIRES · TerminalLIVE
FINWIRES

Golden Pass LNG Ships 1st Export Cargo From Texas Terminal

-- Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil (XOM), launched its first liquefied natural gas export cargo on Wednesday from its terminal in Sabine Pass, Texas, the company said.

This maiden voyage marks a critical step toward full commercial operations for one of North America's largest export facilities.

The company noted that the construction and commissioning teams continue work on Trains 2 and 3, which will follow Train 1 into service once stable operations are established.

At full capacity, the facility will export about 18 million tons of LNG annually.

The massive infrastructure includes three liquefaction trains with a combined capacity of 18.1 million tons per year, five storage tanks holding 155,000 cubic meters each, and two marine berths capable of docking the world's largest LNG carriers.

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Research Alert: Pool: Q1 Beat On Maintenance Strength; Maintains Full-year Guidance

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:POOL posted Q1 2026 adjusted EPS of $1.43, up 8.4%, beating the $1.37 consensus estimate. Revenue of $1,138.0M, up 6.2%, beat the $1,098M estimate due to momentum in maintenance products and gradual improvement in discretionary purchases. We believe guidance is achievable given easier year-over-year comparisons and stabilization signs in discretionary spending. POOL maintained full-year EPS guidance of $10.87-$11.17, with the midpoint in line with consensus and implying 3% EPS growth, the first growth since 2022. Gross margins declined 20bps to 29.0% due to seasonal mix headwinds, though operating leverage from slower SG&A growth maintained stable 7.3% operating margins. Inventory levels rose 14% to $1.7B, reflecting higher purchase levels, an important metric to monitor as elevated levels could signal either anticipated demand improvement or potential margin pressure. We view continued macroeconomic volatility and housing market weakness as key risks that could pressure discretionary purchases.

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