Risk Factors Update Summary
- Increased indebtedness incurred for Phase 1 of Rio Grande LNG Facility may impact cash flow and operations.
- Debt obligations could lead to default, reduced cash flow for operations, and limited flexibility.
- Need for significant additional funding for future phases of Rio Grande LNG Facility and CCS projects.
- Joint ventures increase financial, legal, and operational risks due to lesser control over operations.
- Construction costs for Rio Grande LNG Facility and CCS projects subject to various factors.
- Joint ventures may fail to generate expected results, leading to financial losses and control issues.
- Risks associated with delays in obtaining necessary permits and approvals for the Rio Grande LNG Facility.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
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