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Cheniere Energy Partners LP (CQP.US) - analysis, score and valuation

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Full analysis of Cheniere Energy Partners LP stock

Cheniere Energy Partners LP (CQP) stock analysis

$63.63 +23.57% over 12 months Updated daily · last update: June 10, 2026

Cheniere Energy Partners LP (CQP) is a company in the Oil & Gas Midstream industry, listed on NYSE, with a market capitalisation of 30.8 billion USD. The stock trades at 63.63 USD, 11% below its 52-week high.

Against trailing twelve-month earnings, the price asks 12.7 times profit, versus 18.6 times for the industry median. Return on equity stands at 101.4%, against an industry median of 12.9%. Revenue has grown 11.8% a year over the past five years.

Over the past twelve months the stock returned +23.6%, against +24.8% for SPY over the same period. The analysis below covers valuation, profitability, growth, the balance sheet and price behaviour, with data updated daily.

Cheniere Energy Partners LP (CQP) stock: key data

Price, earnings and risk at a glance. Tap any figure to see what it means.

Cheniere Energy Partners LP share price today

The stock sits 73% of the way between its one-year low and high and above its 50- and 200-day averages.

  • Open$62.64The price at which Cheniere Energy Partners LP shares first traded in the latest session.
  • Close$63.63↓ 0.5%The price of the last Cheniere Energy Partners LP trade in the session that closed.
  • Day range$62.64 - $64.00The lowest and highest price Cheniere Energy Partners LP shares reached in that session.
  • Volume65.64K↓ 45.6%How many Cheniere Energy Partners LP shares changed hands in the latest session.
  • 52-week range$47.42 - $69.76The lowest and highest price of Cheniere Energy Partners LP shares over the past year.
  • Position in the 52-week range63%Where the current price of Cheniere Energy Partners LP shares sits between the low and the high of the past year. 100% means right at the high.
  • 50-day average$63.04The average price of Cheniere Energy Partners LP shares over the last 50 sessions. Shows the short-term trend.
  • 200-day average$56.45The average price of Cheniere Energy Partners LP shares over the last 200 sessions. Shows the long-term trend.
  • Market cap$30.8BThe market value of all Cheniere Energy Partners LP shares combined.

Cheniere Energy Partners LP earnings and valuation

Earnings per share fell 82.4% versus the same quarter last year. At today's price, you pay 10 times annual earnings.

  • Earnings per share$4.28↓ 82.4%How much net profit belongs to a single Cheniere Energy Partners LP share over the last twelve months.
  • Estimated earnings, current year$4.47↑ 4.5%The earnings per share analysts expect from Cheniere Energy Partners LP for the current financial year.
  • Estimated earnings, next year$4.46↓ 0.3%The earnings per share expected from Cheniere Energy Partners LP for the following financial year.
  • Revenue per share$23.49How much of the annual sales of Cheniere Energy Partners LP belongs to a single share.
  • Book value per share$6.07How much Cheniere Energy Partners LP equity belongs to one share, once debt is subtracted from assets.
  • Revenue, last 12 months$11.37B↑ 23.6%Total Cheniere Energy Partners LP sales across the last four reported quarters.
  • Price / earnings9.81xHow many years of current profit a Cheniere Energy Partners LP share costs at today price.
  • Forward price / earnings16.95xThe same ratio, but against the profit Cheniere Energy Partners LP is expected to make next year.
  • PEG5.05xThe price/earnings ratio of Cheniere Energy Partners LP divided by its growth rate. Below 1 is considered cheap relative to how fast it grows.
  • Enterprise value / EBITDA11.37xThe price of the whole Cheniere Energy Partners LP business, debt included, against operating profit before depreciation.

Cheniere Energy Partners LP risk and dividends

The stock moves less than the market, and few investors are betting on a fall.

  • Net margin27.31%↑ 0.8 ppHow much net profit Cheniere Energy Partners LP keeps out of every unit of sales.
  • Return on equity101.35%How much net profit Cheniere Energy Partners LP produces from shareholder money.
  • Dividend yield5.01%How much Cheniere Energy Partners LP pays out in dividends each year, relative to the share price.
  • Dividend per share$3.27The estimated annual amount received for each Cheniere Energy Partners LP share held.
  • Payout ratio57.37%What share of Cheniere Energy Partners LP profit goes back to shareholders as dividends. The rest stays in the company.
  • Beta0.73How strongly Cheniere Energy Partners LP shares move against the market. 1 means the same, above 1 means wider swings.
  • Debt / equity4.65How much debt Cheniere Energy Partners LP carries for every unit of equity.
  • Short interest as % of float1.53%What share of freely tradable Cheniere Energy Partners LP stock is sold short, as a bet on a decline.
  • Days to cover short positions7.31How many normal trading days it would take to close every short position on Cheniere Energy Partners LP.

Some values update after the trading session opens, others are recalculated after it closes.

Is Cheniere Energy Partners LP stock worth buying? The analysis in brief

The nine things an investor checks before buying, each with its own sign.

9 signs for Cheniere Energy Partners LP

  • Business quality
  • Price risk
  • What large investors do

and 6 more signs

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Plus 3 full analyses a month, with the verdict and fair value.

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Indicators for Cheniere Energy Partners LP (CQP) stock

How good the business is, how expensive the price is, and what the chart is doing for CQP stock.

Scores for Cheniere Energy Partners LP

  • Fundamentals
  • Valuation
  • Technicals

Each score brings several indicators together into one rating, easy to compare across companies.

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Each score’s rating, the indicators behind it and the full calculation.

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Cheniere Energy Partners LP (CQP) stock: arguments for and against

What supports and what weakens the investment case for CQP stock

15 for and 6 against

The count is not the verdict. Some arguments carry more weight than others, and the verdict weighs them all.

For15

  • For shareholders, the business earns 101.3% a year, above the sector.

    Every unit of capital put in by shareholders brings 101.3% a year, more than at rivals, who make 9.9%.

  • Passes 7 of the nine financial health checks.

    The Piotroski score counts nine simple things: whether the firm is profitable, whether it generates cash, whether debt is falling, whether margins are improving. Here 7 pass.

  • Out of every 100 units Cheniere Energy Partners LP (CQP) sells, 27.3% is left as profit.

    After all costs, taxes and interest, 27.3% of sales remains. Companies in the Energy sector retain 8.2%.

See all 15 arguments Free with an account

Against6

  • Cheniere Energy Partners LP (CQP) shares come with debt that would take 3.74 years of earnings to clear.

    At the current rate, paying it off in full would take 3.74 years. Companies in the Energy sector clear it in 1.6 years.

  • Cheniere Energy Partners LP revenue is growing more slowly than the sector: 11.8% a year.

    Sales are rising more slowly than the market the company serves: 11.8% a year against 13.6% for the sector average.

  • Institutions sold on balance last quarter: 12 funds sold, 9 bought.

    12 funds sold and 9 bought over the past three months. They still hold 46.9% of the company.

See all 6 arguments Free with an account

Our verdict on Cheniere Energy Partners LP stock

The Cheniere Energy Partners LP score from 0 to 100, built from over 400 financial indicators. Not investment advice.

Today's verdict for Cheniere Energy Partners LP

Which of the five tiers Cheniere Energy Partners LP sits on, with its score and the reasoning behind it.

  • The score from 0 to 100 and its tier
  • The reasoning: what pushes the score up and what pulls it down
  • Fair value and projections, in the same analysis
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How often we were right

63%of “Very attractive” verdicts proved right over 2 years: the stock beat the typical company.

Picking at random, you would be right 50% of the time, because half of all stocks beat the typical company. “Very attractive” stocks returned a median +47.7% over 2 years, against +27.6% for the typical company.

  • Very attractivemedian return +47.7%63%
  • Attractivemedian return +37.7%55%
  • Neutralmedian return +27.6%predicts no direction
  • Unattractivemedian return +21.3%55%
  • Very unattractivemedian return +14.3%58%

Measured on 21,538 assessments that called a direction, not on a few hand-picked examples: 57% were right. The more cases there are, the harder it is to stay above 50%, because luck cancels out. For the negative tiers, a verdict is right when the stock stays below the typical company.

We publish and keep the full history of the verdicts we have given for every company. For transparency and honesty.

Analysis produced automatically by einvestitii.ro, on data as of October 3, 2026. It is not investment advice. Who produces it, what it rests on and what conflicts of interest exist: see the full disclosure.

What it is really worth

Value & Valuation

The market price is what buyers are asking today. Here we work out what the share should cost based on the company’s own figures: using the valuation models professional investors rely on, the growth the current price assumes, and the target set by the analysts who follow the company.

Analyst rating and price target for Cheniere Energy Partners LP

What the 14 analysts covering Cheniere Energy Partners LP think and where they see the price in 12 months. These are their estimates, not ours.

Warning sign

What do analysts recommend for Cheniere Energy Partners LP stock?

Sell

Of the 14 analysts, 0 rate it a buy, 6 a hold and 8 a sell. The average is 2.21 out of 5.

  • Strong buy00%
  • Buy00%
  • Hold643%
  • Sell536%
  • Strong sell321%

How analysts compare with our score Unlock for free

Warning sign

What is the price target for Cheniere Energy Partners LP stock?

$59.73, 6.1% below today's price.

The stock is 34% above its one-year low and 9% below its high.

1-year low
$47.42
Price target
$59.73
Today's price
$63.63
1-year high
$69.76

Good sign

How are analysts revising their estimates for Cheniere Energy Partners LP?

2 raised · 1 lowered

Revisions over the past 30 days.

Warning sign

How much do analysts expect Cheniere Energy Partners LP's earnings to grow?

-0.27%

The average earnings growth analysts expect.

Good sign

How many analysts cover Cheniere Energy Partners LP stock?

14

The more analysts cover a company, the sturdier their average estimate.

All analyst data 8
Average rating2.21 out of 5
Price target$59.73
Price today$63.63
Rise from the low of the past year+34.17%
Fall from the high of the past year−8.78%
Revisions, last 30 days2 / 1
Expected earnings growth−0.27%
Analysts covering14

Analyst estimates, third-party source. These are not our verdict.

Transparency · MAR

Cheniere Energy Partners LP (CQP) stock fair value

What Cheniere Energy Partners LP shares should cost, judged by the cash the business generates, by its growth and margins, and by what the market pays for similar companies.

What is one Cheniere Energy Partners LP share really worth?

Fair value
Today's price
$63.63

What one Cheniere Energy Partners LP share should cost based on the company’s numbers, and how far today’s price is from that value.

See the answer with a free account

  • How far today’s price is above or below fair value
  • How much you can rely on the estimate and how far the models disagree
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These are estimates, not price targets. Tested on large US companies from 2018 to 2025, fair value did not anticipate 12-month returns: it is a price reference, not a buy signal.

Transparency · MAR

Cheniere Energy Partners LP stock price projections

These are not forecasts. The range shows where the price ended up in 8 cases out of 10 for stocks with the same volatility. It carries no view on the company.

Projections for Cheniere Energy Partners LP

  • 6 months
  • 12 months
  • 3 years
  • 5 years

For each horizon, the range the price reached for stocks with the same volatility as Cheniere Energy Partners LP.

  • The exact prices: low end, midpoint and high end
  • Where today’s price sits in the range and how far each end is
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How often the ranges were right

79%of cases, over 6 months, the actual price landed inside the range.

Measured on 29,357 cases, large US stocks, from January 2023 to December 2025: the range calculated at the time, compared with the final price.

Model target: 80%

  • 6 months79%
  • 12 months79%
  • 3 years87%
  • 5 years85%

These are the model’s rates, checked against real past prices, not picked for Cheniere Energy Partners LP.

Calculated on June 11, 2026.

The ranges are computed automatically by our own statistical model from historical prices.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

Transparency · MAR

How the business is actually doing

The Business & Its Results

Fundamental analysis of Cheniere Energy Partners LP (CQP) stock: profitability, growth rate and capital efficiency, measured on reported figures. The fundamental score is 57.1 out of 100, held up by growth and pulled down by dividends.

Cheniere Energy Partners LP profitability, growth and earnings quality

Four questions about the Cheniere Energy Partners LP business, each scored from 0 to 100 against companies in the Energy sector.

Good sign

How profitable is Cheniere Energy Partners LP?

91 out of 100

Cheniere Energy Partners LP earns 25.1% a year on the capital invested in the business.

The Energy sector median is 7.8%. Cheniere Energy Partners LP does better than 88% of companies in its sector.

  • Return on invested capital (ROIC)Profit generated from all capital employed, equity and debt alike. Above the cost of capital (WACC) means value is created. Above 15% is very good.
  • Return on equity (ROE)How much net profit the company generates from shareholders' money. Above ~15% is very good; consistency matters as much as the level.
  • Net profit marginThe margin component of the DuPont breakdown of returns. Higher means the firm keeps more of every unit sold.
  • Return on assets (ROA)How much profit the company draws from the assets it owns. Above ~5% is solid, though it varies widely by industry.
  • Free cash flow marginHow much of sales is left as free cash after investment. Above ~15% is very healthy.
  • Gross profitabilityGross profit against assets, the quality measure proposed by Novy-Marx. High readings point to a durable competitive advantage.
  • Cash operating profitabilityProfitability measured on cash actually collected, not on accounting profit. High readings mean reported profit is backed by real money.
  • ROIC above the cost of capitalThe gap between the return on capital and what that capital costs. Positive means invested capital adds value. Negative means it destroys value.

Worth watching

How fast is Cheniere Energy Partners LP growing?

58 out of 100

Over the past five years, earnings per share rose by an average of 15.8% a year, and revenue rose by 11.8% a year.

On revenue, Cheniere Energy Partners LP is below the sector median of 13.6%.

  • Earnings per share growthAverage yearly growth in earnings per share. Faster than revenue means expanding margins or buybacks.
  • Revenue growthAverage yearly revenue growth over the past five years. Above ~10% is solid growth for a mature company.
  • Net income growthAverage yearly growth in net income. Steady and positive points to a predictable business model.
  • Free cash flow growthAverage yearly growth in free cash flow. Keeping pace with profit means growth is backed by real money.
  • Rule of 40Revenue growth added to the profitability margin. Above 40 means a good balance between growth and profitability.

Bad sign

Are Cheniere Energy Partners LP's earnings backed by real cash?

29 out of 100

The classic tests find warning signs in the numbers reported by Cheniere Energy Partners LP.

The Piotroski score is 7 out of 9. The Beneish score, -1.02, is above the -1.78 threshold at which earnings manipulation is suspected.

  • Piotroski F-scoreNine financial health checks; each one passed adds a point. 7 or more means improving fundamentals.
  • Beneish M-scoreModel that detects patterns of aggressive accounting. Below −1.78 means no signals of aggressive reporting. A statistical test, not an accusation.
  • Montier C-scoreSix warning signals about the quality of accounting. 0-1 is clean; 4 or above calls for caution.
  • Accruals ratio (Sloan)How much of reported profit is accounting only, rather than cash collected. Low or negative means profit is backed by real money.

Worth watching

How efficiently does Cheniere Energy Partners LP use its capital?

46 out of 100

At Cheniere Energy Partners LP, 32 days pass between paying suppliers and collecting cash from customers.

Cheniere Energy Partners LP does better than 35% of companies in its sector.

  • Cash conversion cycleHow many days pass between paying suppliers and collecting from customers. Low or negative means the company funds operations with its partners' money.
  • Cash conversion cycle, 5-year averageThe five-year average of the conversion cycle, it shows consistency, not just this year. Stable and low means durable operational discipline.
  • Cash conversion of earningsHow much of accounting profit actually turns into cash. Above 100% means profit is more than covered by real money.
  • ROIC above the cost of capital, 5 yearsThe same gap between the return on capital and its cost, but computed on the five-year average return rather than the current year. Positive and stable means growth worth financing.

The scores compare Cheniere Energy Partners LP with companies in the same sector; they are not absolute grades. A low score means the sector does better, not necessarily that the numbers are poor.

Cheniere Energy Partners LP financial statements: revenue, profit, balance sheet and cash

The income statement, balance sheet and cash flows of Cheniere Energy Partners LP. Totals and main components are shown by default; the rest open from “all rows”.

Cheniere Energy Partners LP financial results: what the numbers say

The fiscal year ended December 31, 2025, explained in plain language.

Solid results

Strengths: revenue is growing and profit margins are high. Worth watching: debt is high.

  • RevenueVery strong
    $10.76 bn+23.6% vs 2024

    Revenue grew 23.6% from 2024. Over 4 years, it is up 14% in total.

  • Net incomeVery strong
    $2.99 bn+19.0% vs 2024

    27.8% of revenue was left as net profit, compared with 28.8% in 2024. Net income rose 19.0%.

  • Free cash flowWatch
    $2.57 bn−8.7% vs 2024

    After investment, $2.57 bn was left as free cash, or 86% of net income. That is 8.7% less than the year before.

  • DebtWeak
    $14.53 bn3.74x EBITDA

    Financial debt of $14.53 bn equals 3.74 times annual operating profit (EBITDA). Over 4 years, debt is down 15%.

  • Returned to shareholdersStrong
    $2.06 bn80% of free cash flow

    The company paid $2.06 bn to shareholders in dividends.

Latest quarterBeat estimates

In the quarter ended March 31, 2026, revenue came in at $3.60 bn and net income at $186.0 m. Earnings per share of $1.71 beat the analyst estimate ($1.22) by 40.2%. That makes 2 beats in a row.

Compared with its sector

How the company's margins and returns compare with the rest of its sector.

Sector comparison Free with an account

Figures come from the company's annual and quarterly reports, and the explanations are generated automatically from the same figures. For education only, not investment advice.

revenue$10.76 bn+23.6%201620252016$1.10 bn2017$4.30 bn2018$6.43 bn2019$6.84 bn2020$6.17 bn2021$9.43 bn2022$17.21 bn2023$9.66 bn2024$8.70 bn2025$10.76 bn
operating income$3.59 bn+9.3%201620252016$250.4 m2017$1.16 bn2018$1.98 bn2019$2.04 bn2020$2.13 bn2021$2.56 bn2022$3.38 bn2023$5.04 bn2024$3.28 bn2025$3.59 bn
net income$2.99 bn+19.0%201620252016−$171.0 m2017$490.0 m2018$1.27 bn2019$1.18 bn2020$1.18 bn2021$1.63 bn2022$2.50 bn2023$4.25 bn2024$2.51 bn2025$2.99 bn
Income statement, annual, 6 periods
 2025Δ 202420242023202220212020
$10.76 bn100%+23.6%$8.70 bn100%$9.66 bn100%$17.21 bn100%$9.43 bn100%$6.17 bn100%

Everything the company collected from sales, before any expense. At Cheniere Energy Partners LP, in 2025: $10.76 bn · Δ +23.6% (2024).

$7.06 bn65.7%+66.0%$4.25 bn48.9%$3.42 bn35.3%$12.73 bn74.0%$5.95 bn63.0%$3.13 bn50.8%

What it cost to produce what was sold: materials, labour, the factory. At Cheniere Energy Partners LP, in 2025: $7.06 bn · Δ +66.0% (2024).

$3.70 bn34.3%−17.0%$4.45 bn51.1%$6.25 bn64.7%$4.47 bn26.0%$3.49 bn37.0%$3.03 bn49.2%

What is left from sales after the direct cost of the product, before admin salaries and research. At Cheniere Energy Partners LP, in 2025: $3.70 bn · Δ −17.0% (2024).

gross margin34.3%34.3%51.1%51.1%64.7%64.7%26.0%26.0%37.0%37.0%49.2%49.2%
--------$2.0 m0.0%--

Money put into tomorrow’s products: research, engineering, software.

$12.0 m0.1%−88.0%$100.0 m1.1%$99.0 m1.0%$97.0 m0.6%$94.0 m1.0%$110.0 m1.8%

Sales and admin salaries, marketing, rent, everything that keeps the company running. At Cheniere Energy Partners LP, in 2025: $12.0 m · Δ −88.0% (2024).

of which: selling and marketing--$90.0 m1.0%--------
$7.17 bn66.7%+32.2%$5.42 bn62.3%$4.63 bn47.9%$13.83 bn80.4%$6.88 bn72.9%$4.04 bn65.5%

The sum of all costs: cost of product plus operating expenses. At Cheniere Energy Partners LP, in 2025: $7.17 bn · Δ +32.2% (2024).

$110.0 m1.0%−90.6%$1.17 bn13.4%$1.21 bn12.6%$1.09 bn6.3%$929.0 m9.8%$904.0 m14.7%

The sum of expenses that do not go directly into the product. At Cheniere Energy Partners LP, in 2025: $110.0 m · Δ −90.6% (2024).

$3.59 bn33.3%+9.3%$3.28 bn37.7%$5.04 bn52.1%$3.38 bn19.6%$2.56 bn27.1%$2.13 bn34.5%

Profit from the core business, before interest and tax. At Cheniere Energy Partners LP, in 2025: $3.59 bn · Δ +9.3% (2024).

operating margin33.3%33.3%37.7%37.7%52.1%52.1%19.6%19.6%27.1%27.1%34.5%34.5%
$4.43 bn41.2%+11.0%$3.99 bn45.8%$5.75 bn59.5%$4.00 bn23.3%$3.02 bn32.0%$2.64 bn42.9%

Profit before interest, tax and depreciation. Close to the cash the business produces. At Cheniere Energy Partners LP, in 2025: $4.43 bn · Δ +11.0% (2024).

$3.74 bn34.8%+13.0%$3.31 bn38.0%$5.08 bn52.5%$3.37 bn19.6%$2.46 bn26.1%$2.09 bn33.9%

Profit before interest and tax. At Cheniere Energy Partners LP, in 2025: $3.74 bn · Δ +13.0% (2024).

Depreciation and amortisation$688.0 m6.4%+1.2%$680.0 m7.8%$672.0 m7.0%$634.0 m3.7%$557.0 m5.9%$551.0 m8.9%
Reconciled depreciation$688.0 m6.4%+1.2%$680.0 m7.8%$672.0 m7.0%$634.0 m3.7%$557.0 m5.9%$551.0 m8.9%
Interest income$18.0 m0.2%−45.5%$33.0 m0.4%$46.0 m0.5%$870.0 m5.1%$831.0 m8.8%$909.0 m14.7%
Interest expense$753.0 m7.0%−5.9%$800.0 m9.2%$823.0 m8.5%$870.0 m5.1%$831.0 m8.8%$909.0 m14.7%
Net interest income−$735.0 m-6.8%+4.2%−$767.0 m-8.8%−$777.0 m-8.0%−$870.0 m-5.1%−$831.0 m-8.8%−$909.0 m-14.7%
------−$12.0 m-0.1%−$96.0 m-1.0%−$33.0 m-0.5%

Gains and losses that do not come from the core business.

−$598.0 m-5.6%+22.3%−$770.0 m-8.8%−$782.0 m-8.1%−$882.0 m-5.1%−$927.0 m-9.8%−$942.0 m-15.3%

The balance of all non-operating income and expense. At Cheniere Energy Partners LP, in 2025: −$598.0 m · Δ +22.3% (2024).

$2.99 bn27.8%+19.0%$2.51 bn28.8%$4.25 bn44.0%$2.50 bn14.5%$1.63 bn17.3%$1.18 bn19.2%

Profit left after interest, but before the state takes its share. At Cheniere Energy Partners LP, in 2025: $2.99 bn · Δ +19.0% (2024).

----$824.0 m8.5%$882.0 m5.1%$836.0 m8.9%$368.0 m6.0%

Income tax owed for the period.

Tax provision$00.0%----------
Minority interest----------−$175.0 m-2.8%
$2.99 bn27.8%+19.0%$2.51 bn28.8%$4.25 bn44.0%$2.50 bn14.5%$1.63 bn17.3%$1.18 bn19.2%

Profit from the businesses the company will still have next year. At Cheniere Energy Partners LP, in 2025: $2.99 bn · Δ +19.0% (2024).

$2.99 bn27.8%+19.0%$2.51 bn28.8%$4.25 bn44.0%$2.50 bn14.5%$1.63 bn17.3%$1.18 bn19.2%

The profit left for shareholders after absolutely every expense. At Cheniere Energy Partners LP, in 2025: $2.99 bn · Δ +19.0% (2024).

net margin27.8%27.8%28.8%28.8%44.0%44.0%14.5%14.5%17.3%17.3%19.2%19.2%
$2.50 bn23.3%+21.6%$2.06 bn23.7%$3.36 bn34.8%$2.50 bn14.5%$1.63 bn17.3%$1.18 bn19.2%

The share of profit that belongs to ordinary shares. At Cheniere Energy Partners LP, in 2025: $2.50 bn · Δ +21.6% (2024).

revenue$3.60 bn+20.4%Q2 24Q1 26Q2 24$1.89 bnQ3 24$2.06 bnQ4 24$2.46 bnQ1 25$2.99 bnQ2 25$2.46 bnQ3 25$2.40 bnQ4 25$2.91 bnQ1 26$3.60 bn
operating income$329.0 m−60.2%Q2 24Q1 26Q2 24$766.0 mQ3 24$827.0 mQ4 24$812.0 mQ1 25$826.0 mQ2 25$715.0 mQ3 25$591.0 mQ4 25$1.46 bnQ1 26$329.0 m
net income$186.0 m−71.0%Q2 24Q1 26Q2 24$570.0 mQ3 24$635.0 mQ4 24$623.0 mQ1 25$641.0 mQ2 25$553.0 mQ3 25$506.0 mQ4 25$1.28 bnQ1 26$186.0 m
Income statement, quarterly, 6 periods
 Q1 26Δ Q1 25Q4 25Q3 25Q2 25Q1 25Q4 24
$3.60 bn100%+20.4%$2.91 bn100%$2.40 bn100%$2.46 bn100%$2.99 bn100%$2.46 bn100%

Everything the company collected from sales, before any expense. At Cheniere Energy Partners LP, in Q1 26: $3.60 bn · Δ +20.4% (Q1 25).

$3.24 bn90.1%+72.9%$1.42 bn48.7%$1.79 bn74.3%$1.37 bn55.7%$1.87 bn62.7%$1.34 bn54.6%

What it cost to produce what was sold: materials, labour, the factory. At Cheniere Energy Partners LP, in Q1 26: $3.24 bn · Δ +72.9% (Q1 25).

$358.0 m9.9%−67.9%$1.49 bn51.3%$617.0 m25.7%$1.09 bn44.3%$1.12 bn37.3%$1.12 bn45.4%

What is left from sales after the direct cost of the product, before admin salaries and research. At Cheniere Energy Partners LP, in Q1 26: $358.0 m · Δ −67.9% (Q1 25).

gross margin9.9%9.9%51.3%51.3%25.7%25.7%44.3%44.3%37.3%37.3%45.4%45.4%
$3.0 m0.1%−88.9%$44.0 m1.5%$3.0 m0.1%$26.0 m1.1%$27.0 m0.9%$24.0 m1.0%

Sales and admin salaries, marketing, rent, everything that keeps the company running. At Cheniere Energy Partners LP, in Q1 26: $3.0 m · Δ −88.9% (Q1 25).

$3.27 bn90.9%+51.2%$1.45 bn49.7%$1.81 bn75.4%$1.74 bn70.9%$2.16 bn72.4%$1.65 bn67.0%

The sum of all costs: cost of product plus operating expenses. At Cheniere Energy Partners LP, in Q1 26: $3.27 bn · Δ +51.2% (Q1 25).

$29.0 m0.8%−90.0%$28.0 m1.0%$26.0 m1.1%$373.0 m15.2%$289.0 m9.7%$305.0 m12.4%

The sum of expenses that do not go directly into the product. At Cheniere Energy Partners LP, in Q1 26: $29.0 m · Δ −90.0% (Q1 25).

$329.0 m9.1%−60.2%$1.46 bn50.3%$591.0 m24.6%$715.0 m29.1%$826.0 m27.6%$812.0 m33.0%

Profit from the core business, before interest and tax. At Cheniere Energy Partners LP, in Q1 26: $329.0 m · Δ −60.2% (Q1 25).

operating margin9.1%9.1%50.3%50.3%24.6%24.6%29.1%29.1%27.6%27.6%33.0%33.0%
$503.0 m14.0%−49.8%$1.65 bn56.6%$868.0 m36.1%$912.0 m37.1%$1.00 bn33.5%$991.0 m40.3%

Profit before interest, tax and depreciation. Close to the cash the business produces. At Cheniere Energy Partners LP, in Q1 26: $503.0 m · Δ −49.8% (Q1 25).

$329.0 m9.1%−60.4%$1.47 bn50.6%$695.0 m28.9%$741.0 m30.2%$831.0 m27.8%$820.0 m33.3%

Profit before interest and tax. At Cheniere Energy Partners LP, in Q1 26: $329.0 m · Δ −60.4% (Q1 25).

Depreciation and amortisation$174.0 m4.8%+1.8%$173.0 m5.9%$173.0 m7.2%$171.0 m7.0%$171.0 m5.7%$171.0 m7.0%
Reconciled depreciation$174.0 m4.8%+1.8%$173.0 m5.9%$173.0 m7.2%$171.0 m7.0%$171.0 m5.7%$171.0 m7.0%
Interest income$5.0 m0.1%$4.0 m0.1%$5.0 m0.2%$4.0 m0.2%$5.0 m0.2%$8.0 m0.3%
Interest expense$181.0 m5.0%−4.7%$186.0 m6.4%$189.0 m7.9%$188.0 m7.7%$190.0 m6.4%$197.0 m8.0%
Net interest income−$176.0 m-4.9%+4.9%−$182.0 m-6.3%−$184.0 m-7.7%−$184.0 m-7.5%−$185.0 m-6.2%−$189.0 m-7.7%
−$143.0 m-4.0%+22.7%−$177.0 m-6.1%−$85.0 m-3.5%−$162.0 m-6.6%−$185.0 m-6.2%−$189.0 m-7.7%

The balance of all non-operating income and expense. At Cheniere Energy Partners LP, in Q1 26: −$143.0 m · Δ +22.7% (Q1 25).

$186.0 m5.2%−71.0%$1.29 bn44.2%$506.0 m21.0%$553.0 m22.5%$641.0 m21.4%$623.0 m25.3%

Profit left after interest, but before the state takes its share. At Cheniere Energy Partners LP, in Q1 26: $186.0 m · Δ −71.0% (Q1 25).

Tax provision--$00.0%--------
$186.0 m5.2%−71.0%$1.29 bn44.2%$506.0 m21.0%$553.0 m22.5%$641.0 m21.4%$623.0 m25.3%

Profit from the businesses the company will still have next year. At Cheniere Energy Partners LP, in Q1 26: $186.0 m · Δ −71.0% (Q1 25).

$186.0 m5.2%−71.0%$1.28 bn43.9%$506.0 m21.0%$553.0 m22.5%$641.0 m21.4%$623.0 m25.3%

The profit left for shareholders after absolutely every expense. At Cheniere Energy Partners LP, in Q1 26: $186.0 m · Δ −71.0% (Q1 25).

net margin5.2%5.2%43.9%43.9%21.0%21.0%22.5%22.5%21.4%21.4%25.3%25.3%
--$1.15 bn39.6%$388.0 m16.1%$439.0 m17.9%$525.0 m17.6%$508.0 m20.7%

The share of profit that belongs to ordinary shares.

total assets$17.44 bn−0.1%201620252016$15.54 bn2017$17.55 bn2018$17.97 bn2019$19.38 bn2020$19.15 bn2021$19.36 bn2022$19.63 bn2023$18.10 bn2024$17.45 bn2025$17.44 bn
total liabilities$17.02 bn−5.2%201620252016$15.10 bn2017$16.91 bn2018$17.17 bn2019$18.67 bn2020$18.61 bn2021$18.64 bn2022$21.76 bn2023$18.89 bn2024$17.96 bn2025$17.02 bn
shareholders equity$3.16 bn+73.3%201620252016$432.0 m2017$627.0 m2018$800.0 m2019$796.0 m2020$714.0 m2021$1.02 bn2022−$1.12 bn2023$1.04 bn2024$1.82 bn2025$3.16 bn
Balance sheet, annual, 6 periods
 2025Δ 202420242023202220212020
$17.44 bn100%−0.1%$17.45 bn100%$18.10 bn100%$19.63 bn100%$19.36 bn100%$19.15 bn100%

Everything the company owns: factories, inventory, cash, receivables. At Cheniere Energy Partners LP, in 2025: $17.44 bn · Δ −0.1% (2024).

$1.34 bn7.7%+1.0%$1.33 bn7.6%$1.58 bn8.7%$2.62 bn13.3%$2.21 bn11.4%$2.14 bn11.2%

What turns into money in less than a year. At Cheniere Energy Partners LP, in 2025: $1.34 bn · Δ +1.0% (2024).

Cash$201.0 m1.2%−47.0%$379.0 m2.2%$575.0 m3.2%$904.0 m4.6%$974.0 m5.0%$1.21 bn6.3%
Cash and equivalents$182.0 m1.0%−32.6%$270.0 m1.5%$575.0 m3.2%$904.0 m4.6%$876.0 m4.5%$1.21 bn6.3%
Short-term investments--$109.0 m0.6%--------
Cash and short-term investments$201.0 m1.2%−47.0%$379.0 m2.2%$575.0 m3.2%$904.0 m4.6%$974.0 m5.0%$1.21 bn6.3%
Net receivables$894.0 m5.1%+38.4%$646.0 m3.7%$651.0 m3.6%$1.18 bn6.0%$954.0 m4.9%$502.0 m2.6%
Inventory$180.0 m1.0%+19.2%$151.0 m0.9%$142.0 m0.8%$160.0 m0.8%$176.0 m0.9%$107.0 m0.6%
Other current assets$63.0 m0.4%−57.7%$149.0 m0.9%$213.0 m1.2%$378.0 m1.9%$108.0 m0.6%$316.0 m1.7%
$16.10 bn92.3%−0.2%$16.13 bn92.4%$16.52 bn91.3%$17.01 bn86.7%$17.15 bn88.6%$17.01 bn88.8%

What stays in the company for years: buildings, machinery, licences. At Cheniere Energy Partners LP, in 2025: $16.10 bn · Δ −0.2% (2024).

Property, plant and equipment$15.34 bn87.9%−3.2%$15.84 bn90.8%$16.29 bn90.0%$16.73 bn85.2%$16.83 bn86.9%$16.72 bn87.3%
PP&E, net$15.34 bn87.9%−3.2%$15.84 bn90.8%$16.29 bn90.0%$16.81 bn85.6%$16.93 bn87.4%$16.82 bn87.9%
$20.87 bn120%+0.8%$20.70 bn119%$20.50 bn113%$16.73 bn85.2%$19.85 bn103%$16.82 bn87.9%

The purchase value of buildings and machinery, before accumulated depreciation. That is why it exceeds the net value. At Cheniere Energy Partners LP, in 2025: $20.87 bn · Δ +0.8% (2024).

Goodwill----------$6.0 m0.0%
Intangible assets----$16.0 m0.1%$8.0 m0.0%--$6.0 m0.0%
Long-term investments--------$33.0 m0.2%$11.0 m0.1%
Other non-current assets$223.0 m1.3%+16.8%$191.0 m1.1%$172.0 m1.0%$199.0 m1.0%$185.0 m1.0%$182.0 m1.0%
Other assets$618.0 m3.5%+291%$158.0 m0.9%$91.0 m0.5%$73.0 m0.4%$218.0 m1.1%$117.0 m0.6%
$17.02 bn97.6%−5.2%$17.96 bn103%$18.89 bn104%$21.76 bn111%$18.64 bn96.3%$18.61 bn97.2%

Everything the company owes, to banks and suppliers alike. At Cheniere Energy Partners LP, in 2025: $17.02 bn · Δ −5.2% (2024).

$1.71 bn9.8%−0.2%$1.71 bn9.8%$1.57 bn8.7%$2.42 bn12.3%$1.35 bn6.9%$883.0 m4.6%

Debts due in less than a year. At Cheniere Energy Partners LP, in 2025: $1.71 bn · Δ −0.2% (2024).

Accounts payable$53.0 m0.3%−14.5%$62.0 m0.4%$69.0 m0.4%$32.0 m0.2%$21.0 m0.1%$12.0 m0.1%
Short-term debt$318.0 m1.8%−11.9%$361.0 m2.1%$300.0 m1.7%$10.0 m0.1%$8.0 m0.0%$14.0 m0.1%
Current portion of long-term debt$306.0 m1.8%−12.8%$351.0 m2.0%$300.0 m1.7%------
Deferred revenue$123.0 m0.7%$123.0 m0.7%$117.0 m0.6%$147.0 m0.7%$156.0 m0.8%$138.0 m0.7%
Other current liabilities$1.21 bn7.0%+4.1%$1.17 bn6.7%$1.08 bn6.0%$2.23 bn11.4%$1.16 bn6.0%$719.0 m3.8%
$15.32 bn87.8%−5.8%$16.25 bn93.1%$17.32 bn95.7%$19.34 bn98.5%$17.30 bn89.3%$17.72 bn92.6%

Debts due beyond one year. At Cheniere Energy Partners LP, in 2025: $15.32 bn · Δ −5.8% (2024).

Long-term debt$14.16 bn81.2%−4.1%$14.76 bn84.6%$15.61 bn86.2%$16.20 bn82.5%$17.18 bn88.7%$17.58 bn91.8%
Total long-term debt$14.22 bn81.6%−4.1%$14.83 bn85.0%$15.62 bn86.3%$16.20 bn82.5%$17.18 bn88.7%$17.58 bn91.8%
Capital lease obligations----$85.0 m0.5%$108.0 m0.6%$97.0 m0.5%$97.0 m0.5%
Other non-current liabilities$254.0 m1.5%−8.0%$276.0 m1.6%$98.0 m0.5%$23.0 m0.1%$18.0 m0.1%$1.0 m0.0%
of which: deferred liabilities------$3.02 bn15.4%$11.0 m0.1%$35.0 m0.2%
Other liabilities------$3.05 bn15.5%$29.0 m0.1%$53.0 m0.3%
$3.16 bn18.1%+73.3%$1.82 bn10.4%$1.04 bn5.7%−$1.12 bn-5.7%$1.02 bn5.3%$714.0 m3.7%

What would be left for shareholders if everything were sold and every debt paid. At Cheniere Energy Partners LP, in 2025: $3.16 bn · Δ +73.3% (2024).

$3.16 bn18.1%+73.3%$1.82 bn10.4%$1.04 bn5.7%−$1.12 bn-5.7%$1.02 bn5.3%$714.0 m3.7%

Money put in by shareholders at founding and at capital raises. At Cheniere Energy Partners LP, in 2025: $3.16 bn · Δ +73.3% (2024).

------$5.58 bn28.4%$3.08 bn15.9%--

Past years’ profits the company kept instead of distributing.

Accumulated other comprehensive income------−$1.12 bn-5.7%$1.02 bn5.3%$714.0 m3.7%
Other equity items----$845.0 m4.7%$105.0 m0.5%−$306.0 m-1.6%−$175.0 m-0.9%
$17.44 bn100%−0.1%$17.45 bn100%$18.10 bn100%$19.63 bn100%$19.36 bn100%$19.15 bn100%

Liabilities plus equity. Must equal total assets. At Cheniere Energy Partners LP, in 2025: $17.44 bn · Δ −0.1% (2024).

$14.49 bn83.1%−2.7%$14.89 bn85.3%$15.42 bn85.2%$15.40 bn78.4%$16.30 bn84.2%$16.47 bn86.0%

Debt left after subtracting cash in the bank. Negative means more money than debt. At Cheniere Energy Partners LP, in 2025: $14.49 bn · Δ −2.7% (2024).

$14.69 bn84.2%−3.8%$15.27 bn87.5%$15.99 bn88.3%$16.31 bn83.1%$17.27 bn89.2%$17.68 bn92.3%

All borrowings, short and long term. At Cheniere Energy Partners LP, in 2025: $14.69 bn · Δ −3.8% (2024).

−$370.0 m-2.1%+4.4%−$387.0 m-2.2%$15.0 m0.1%$199.0 m1.0%$867.0 m4.5%$1.25 bn6.5%

The difference between what it collects and what it pays in the short term. At Cheniere Energy Partners LP, in 2025: −$370.0 m · Δ +4.4% (2024).

------−$2.03 bn-10.4%$807.0 m4.2%$646.0 m3.4%

Assets without goodwill and licences, that is only what can be touched.

$14.88 bn85.3%+1.9%$14.60 bn83.7%$15.12 bn83.5%$14.07 bn71.6%$17.90 bn92.4%$18.12 bn94.6%

The capital the business actually has at work. At Cheniere Energy Partners LP, in 2025: $14.88 bn · Δ +1.9% (2024).

484.0 m-484.0 m-484.0 m-484.0 m-484.0 m-399.3 m-

How many shares exist. If the number rises, each shareholder’s slice shrinks. At Cheniere Energy Partners LP, in 2025: $484.0 m.

total assets$17.11 bn+0.1%Q2 24Q1 26Q2 24$17.52 bnQ3 24$17.39 bnQ4 24$17.45 bnQ1 25$17.09 bnQ2 25$16.93 bnQ3 25$16.83 bnQ4 25$17.44 bnQ1 26$17.11 bn
total liabilities$17.03 bn−2.6%Q2 24Q1 26Q2 24$18.27 bnQ3 24$18.01 bnQ4 24$17.96 bnQ1 25$17.47 bnQ2 25$17.27 bnQ3 25$17.18 bnQ4 25$17.02 bnQ1 26$17.03 bn
shareholders equity$2.94 bn+43.1%Q2 24Q1 26Q2 24$1.37 bnQ3 24$1.60 bnQ4 24$1.82 bnQ1 25$2.05 bnQ2 25$2.20 bnQ3 25$2.30 bnQ4 25$3.16 bnQ1 26$2.94 bn
Balance sheet, quarterly, 6 periods
 Q1 26Δ Q1 25Q4 25Q3 25Q2 25Q1 25Q4 24
$17.11 bn100%+0.1%$17.44 bn100%$16.83 bn100%$16.93 bn100%$17.09 bn100%$17.45 bn100%

Everything the company owns: factories, inventory, cash, receivables. At Cheniere Energy Partners LP, in Q1 26: $17.11 bn · Δ +0.1% (Q1 25).

$1.25 bn7.3%+7.8%$1.34 bn7.7%$1.12 bn6.6%$1.02 bn6.0%$1.16 bn6.8%$1.33 bn7.6%

What turns into money in less than a year. At Cheniere Energy Partners LP, in Q1 26: $1.25 bn · Δ +7.8% (Q1 25).

Cash$301.0 m1.8%+220%$201.0 m1.2%$164.0 m1.0%$108.0 m0.6%$94.0 m0.5%$379.0 m2.2%
Cash and equivalents--$182.0 m1.0%$121.0 m0.7%$108.0 m0.6%$94.0 m0.5%$270.0 m1.5%
Cash and short-term investments$301.0 m1.8%+220%$201.0 m1.2%$164.0 m1.0%$108.0 m0.6%$94.0 m0.5%$379.0 m2.2%
Net receivables$734.0 m4.3%+9.6%$894.0 m5.1%$719.0 m4.3%$409.0 m2.4%$670.0 m3.9%$646.0 m3.7%
Inventory$151.0 m0.9%−7.9%$180.0 m1.0%$147.0 m0.9%$153.0 m0.9%$164.0 m1.0%$151.0 m0.9%
Other current assets$64.0 m0.4%−72.4%$63.0 m0.4%$89.0 m0.5%$347.0 m2.0%$232.0 m1.4%$149.0 m0.9%
$15.86 bn92.7%−0.5%$16.10 bn92.3%$15.72 bn93.4%$15.91 bn94.0%$15.93 bn93.2%$16.13 bn92.4%

What stays in the company for years: buildings, machinery, licences. At Cheniere Energy Partners LP, in Q1 26: $15.86 bn · Δ −0.5% (Q1 25).

Property, plant and equipment--$15.34 bn87.9%$15.48 bn91.9%$15.62 bn92.3%$15.72 bn91.9%$15.84 bn90.8%
PP&E, net$15.18 bn88.7%−3.4%$15.34 bn87.9%$15.48 bn91.9%$15.62 bn92.3%$15.72 bn91.9%$15.84 bn90.8%
$20.89 bn122%+0.7%$20.87 bn120%$20.85 bn124%$20.82 bn123%$20.75 bn121%$20.70 bn119%

The purchase value of buildings and machinery, before accumulated depreciation. That is why it exceeds the net value. At Cheniere Energy Partners LP, in Q1 26: $20.89 bn · Δ +0.7% (Q1 25).

Other non-current assets$211.0 m1.2%+11.6%$223.0 m1.3%$225.0 m1.3%$192.0 m1.1%$189.0 m1.1%$191.0 m1.1%
Other assets--$764.0 m4.4%$239.0 m1.4%$295.0 m1.7%$218.0 m1.3%$289.0 m1.7%
$17.03 bn99.5%−2.6%$17.02 bn97.6%$17.18 bn102%$17.27 bn102%$17.47 bn102%$17.96 bn103%

Everything the company owes, to banks and suppliers alike. At Cheniere Energy Partners LP, in Q1 26: $17.03 bn · Δ −2.6% (Q1 25).

$2.98 bn17.4%+127%$1.71 bn9.8%$1.70 bn10.1%$1.66 bn9.8%$1.31 bn7.7%$1.71 bn9.8%

Debts due in less than a year. At Cheniere Energy Partners LP, in Q1 26: $2.98 bn · Δ +127% (Q1 25).

Accounts payable$52.0 m0.3%−23.5%$53.0 m0.3%$58.0 m0.3%$71.0 m0.4%$68.0 m0.4%$62.0 m0.4%
Short-term debt$1.61 bn9.4%+1,444%$318.0 m1.8%$605.0 m3.6%$609.0 m3.6%$104.0 m0.6%$361.0 m2.1%
Current portion of long-term debt$1.61 bn9.4%+1,444%$306.0 m1.8%$605.0 m3.6%$609.0 m3.6%$104.0 m0.6%$351.0 m2.0%
Deferred revenue$93.0 m0.5%+13.4%$123.0 m0.7%$150.0 m0.9%$111.0 m0.7%$82.0 m0.5%$123.0 m0.7%
Other current liabilities$1.23 bn7.2%+16.3%$1.21 bn7.0%$884.0 m5.3%$864.0 m5.1%$1.06 bn6.2%$1.17 bn6.7%
$14.05 bn82.1%−13.1%$15.32 bn87.8%$15.49 bn92.0%$15.62 bn92.2%$16.16 bn94.5%$16.25 bn93.1%

Debts due beyond one year. At Cheniere Energy Partners LP, in Q1 26: $14.05 bn · Δ −13.1% (Q1 25).

Long-term debt$12.61 bn73.7%−14.3%$14.16 bn81.2%$14.16 bn84.1%$14.21 bn84.0%$14.71 bn86.1%$14.76 bn84.6%
Total long-term debt--$14.16 bn81.2%$14.16 bn84.1%$14.21 bn84.0%$14.71 bn86.1%$14.83 bn85.0%
Other non-current liabilities$246.0 m1.4%−8.9%$254.0 m1.5%$260.0 m1.5%$266.0 m1.6%$270.0 m1.6%$276.0 m1.6%
$2.94 bn17.2%+43.1%$3.16 bn18.1%$2.30 bn13.6%$2.20 bn13.0%$2.05 bn12.0%$1.82 bn10.4%

What would be left for shareholders if everything were sold and every debt paid. At Cheniere Energy Partners LP, in Q1 26: $2.94 bn · Δ +43.1% (Q1 25).

$2.94 bn17.2%+43.1%$3.16 bn18.1%$2.30 bn13.6%$2.20 bn13.0%$2.05 bn12.0%$1.82 bn10.4%

Money put in by shareholders at founding and at capital raises. At Cheniere Energy Partners LP, in Q1 26: $2.94 bn · Δ +43.1% (Q1 25).

Other equity items$78.0 m0.5%----------
$17.11 bn100%+0.1%$17.44 bn100%$16.83 bn100%$16.93 bn100%$17.09 bn100%$17.45 bn100%

Liabilities plus equity. Must equal total assets. At Cheniere Energy Partners LP, in Q1 26: $17.11 bn · Δ +0.1% (Q1 25).

$13.92 bn81.4%−5.5%$14.49 bn83.1%$14.60 bn86.7%$14.71 bn86.9%$14.72 bn86.1%$14.89 bn85.3%

Debt left after subtracting cash in the bank. Negative means more money than debt. At Cheniere Energy Partners LP, in Q1 26: $13.92 bn · Δ −5.5% (Q1 25).

$14.22 bn83.1%−4.0%$14.69 bn84.2%$14.76 bn87.7%$14.82 bn87.5%$14.82 bn86.7%$15.27 bn87.5%

All borrowings, short and long term. At Cheniere Energy Partners LP, in Q1 26: $14.22 bn · Δ −4.0% (Q1 25).

−$1.73 bn-10.1%−1,033%−$370.0 m-2.1%−$578.0 m-3.4%−$638.0 m-3.8%−$153.0 m-0.9%−$387.0 m-2.2%

The difference between what it collects and what it pays in the short term. At Cheniere Energy Partners LP, in Q1 26: −$1.73 bn · Δ −1,033% (Q1 25).

$14.30 bn83.6%−1.0%$14.88 bn85.3%$14.41 bn85.6%$14.48 bn85.5%$14.44 bn84.5%$14.60 bn83.7%

The capital the business actually has at work. At Cheniere Energy Partners LP, in Q1 26: $14.30 bn · Δ −1.0% (Q1 25).

484.0 m-484.0 m-484.0 m-484.0 m-484.0 m-484.0 m-

How many shares exist. If the number rises, each shareholder’s slice shrinks. At Cheniere Energy Partners LP, in Q1 26: $484.0 m.

from operations$2.77 bn−6.7%201620252016−$249.0 k2017$977.0 m2018$1.87 bn2019$1.55 bn2020$1.75 bn2021$2.29 bn2022$4.15 bn2023$3.11 bn2024$2.97 bn2025$2.77 bn
from investing−$204.0 m−25.9%201620252016−$2.35 bn2017−$1.29 bn2018−$804.0 m2019−$1.33 bn2020−$972.0 m2021−$648.0 m2022−$451.0 m2023−$227.0 m2024−$162.0 m2025−$204.0 m
from financing−$2.74 bn+10.3%201620252016$2.52 bn2017$1.30 bn2018−$1.12 bn2019$206.0 m2020−$1.43 bn2021−$1.98 bn2022−$3.68 bn2023−$3.25 bn2024−$3.06 bn2025−$2.74 bn
Cash flows, annual, 6 periods
 2025Δ 202420242023202220212020
$2.52 bn-+0.5%$2.51 bn-$4.25 bn-$2.50 bn-$1.63 bn-$1.18 bn-

The profit left for shareholders after absolutely every expense. At Cheniere Energy Partners LP, in 2025: $2.52 bn · Δ +0.5% (2024).

$688.0 m-+1.2%$680.0 m-$672.0 m-$634.0 m-$557.0 m-$551.0 m-

The accounting wear on buildings and machinery. It lowers profit but takes no cash out. At Cheniere Energy Partners LP, in 2025: $688.0 m · Δ +1.2% (2024).

------$1.10 bn-−$19.0 m-$64.0 m-

Adjustments that bring accounting profit closer to money collected.

−$198.0 m-−287%$106.0 m-$213.0 m-−$146.0 m-−$5.0 m-−$120.0 m-

Money tied up in or released from inventory, receivables and payables. At Cheniere Energy Partners LP, in 2025: −$198.0 m · Δ −287% (2024).

of which: receivables−$252.0 m-−338%$106.0 m-$527.0 m-−$447.0 m-−$237.0 m-−$101.0 m-
of which: receivables, total------−$447.0 m-−$173.0 m-−$101.0 m-
of which: inventory−$30.0 m-−200%−$10.0 m-$18.0 m-$12.0 m-−$68.0 m-$8.0 m-
of which: liabilities------$327.0 m-$342.0 m-−$1.0 m-
of which: other changes------−$54.0 m-−$39.0 m-−$9.0 m-
Other operating flows------−$5.0 m-$57.0 m-$15.0 m-
Other non-cash items−$244.0 m-+25.6%−$328.0 m-−$2.03 bn-$1.16 bn-$109.0 m-$137.0 m-
$2.77 bn-−6.7%$2.97 bn-$3.11 bn-$4.15 bn-$2.29 bn-$1.75 bn-

The money the business actually produced, before investment. At Cheniere Energy Partners LP, in 2025: $2.77 bn · Δ −6.7% (2024).

$199.0 m-+29.2%$154.0 m-$220.0 m-$451.0 m-$648.0 m-$972.0 m-

Money put into factories, machinery and equipment. At Cheniere Energy Partners LP, in 2025: $199.0 m · Δ +29.2% (2024).

--−$162.0 m-−$271.0 m-−$451.0 m-−$648.0 m-−$972.0 m-

Purchases and sales of financial holdings.

Other investing flows−$5.0 m-+37.5%−$8.0 m-−$7.0 m-−$451.0 m-−$648.0 m-−$972.0 m-
−$204.0 m-−25.9%−$162.0 m-−$227.0 m-−$451.0 m-−$648.0 m-−$972.0 m-

The balance of investing cash. Negative means the company is building. At Cheniere Energy Partners LP, in 2025: −$204.0 m · Δ −25.9% (2024).

$2.06 bn-−7.7%$2.24 bn-$2.91 bn-$2.64 bn-$1.45 bn-$1.36 bn-

Money given to shareholders as dividends. At Cheniere Energy Partners LP, in 2025: $2.06 bn · Δ −7.7% (2024).

−$655.0 m-+18.3%−$802.0 m-−$303.0 m-−$1.04 bn-−$533.0 m-−$79.0 m-

Loans taken minus loans repaid. At Cheniere Energy Partners LP, in 2025: −$655.0 m · Δ +18.3% (2024).

Other financing flows−$23.0 m-−9.5%−$21.0 m-−$37.0 m-$519.0 m-$3.08 bn-$1.93 bn-
−$2.74 bn-+10.3%−$3.06 bn-−$3.25 bn-−$3.68 bn-−$1.98 bn-−$1.43 bn-

The balance of financing cash: loans, dividends, buybacks. At Cheniere Energy Partners LP, in 2025: −$2.74 bn · Δ +10.3% (2024).

−$178.0 m-+29.4%−$252.0 m-−$365.0 m-$22.0 m-−$333.0 m-−$655.0 m-

How much the cash in the bank rose or fell. At Cheniere Energy Partners LP, in 2025: −$178.0 m · Δ +29.4% (2024).

Change in cash and equivalents------$22.0 m-−$333.0 m-−$655.0 m-
$379.0 m-−39.9%$631.0 m-$996.0 m-$974.0 m-$1.31 bn-$1.96 bn-

Cash in the bank at the start of the period. At Cheniere Energy Partners LP, in 2025: $379.0 m · Δ −39.9% (2024).

$201.0 m-−47.0%$379.0 m-$631.0 m-$996.0 m-$974.0 m-$1.31 bn-

Cash in the bank at the end of the period. At Cheniere Energy Partners LP, in 2025: $201.0 m · Δ −47.0% (2024).

$2.57 bn-−8.7%$2.81 bn-$2.89 bn-$3.70 bn-$1.64 bn-$779.0 m-

The money left after the business paid for its investments. Dividends and debt repayment come from here. At Cheniere Energy Partners LP, in 2025: $2.57 bn · Δ −8.7% (2024).

from operations$910.0 m+36.8%Q2 24Q1 26Q2 24$732.0 mQ3 24$691.0 mQ4 24$876.0 mQ1 25$665.0 mQ2 25$558.0 mQ3 25$658.0 mQ4 25$887.0 mQ1 26$910.0 m
from investing−$33.0 m+45.9%Q2 24Q1 26Q2 24−$32.0 mQ3 24−$43.0 mQ4 24−$50.0 mQ1 25−$61.0 mQ2 25−$70.0 mQ3 25−$49.0 mQ4 25−$24.0 mQ1 26−$33.0 m
from financing−$777.0 m+4.4%Q2 24Q1 26Q2 24−$673.0 mQ3 24−$656.0 mQ4 24−$858.0 mQ1 25−$813.0 mQ2 25−$514.0 mQ3 25−$589.0 mQ4 25−$826.0 mQ1 26−$777.0 m
Cash flows, quarterly, 6 periods
 Q1 26Δ Q1 25Q4 25Q3 25Q2 25Q1 25Q4 24
$86.0 m-−86.6%$1.17 bn-$506.0 m-$553.0 m-$641.0 m-$623.0 m-

The profit left for shareholders after absolutely every expense. At Cheniere Energy Partners LP, in Q1 26: $86.0 m · Δ −86.6% (Q1 25).

$174.0 m-+1.8%$173.0 m-$173.0 m-$171.0 m-$171.0 m-$171.0 m-

The accounting wear on buildings and machinery. It lowers profit but takes no cash out. At Cheniere Energy Partners LP, in Q1 26: $174.0 m · Δ +1.8% (Q1 25).

−$105.0 m-+42.6%$70.0 m-−$68.0 m-−$47.0 m-−$183.0 m-$153.0 m-

Money tied up in or released from inventory, receivables and payables. At Cheniere Energy Partners LP, in Q1 26: −$105.0 m · Δ +42.6% (Q1 25).

of which: receivables$158.0 m-+387%−$178.0 m-−$130.0 m-$261.0 m-−$55.0 m-−$107.0 m-
of which: inventory$29.0 m-+323%−$33.0 m-$6.0 m-$10.0 m-−$13.0 m-−$16.0 m-
Other non-cash items$755.0 m-+1,997%−$524.0 m-$47.0 m-−$119.0 m-$36.0 m-−$71.0 m-
$910.0 m-+36.8%$887.0 m-$658.0 m-$558.0 m-$665.0 m-$876.0 m-

The money the business actually produced, before investment. At Cheniere Energy Partners LP, in Q1 26: $910.0 m · Δ +36.8% (Q1 25).

$31.0 m-−48.3%$23.0 m-$128.0 m-$68.0 m-$60.0 m-$49.0 m-

Money put into factories, machinery and equipment. At Cheniere Energy Partners LP, in Q1 26: $31.0 m · Δ −48.3% (Q1 25).

----−$49.0 m-−$70.0 m-−$61.0 m-−$50.0 m-

Purchases and sales of financial holdings.

Other investing flows−$2.0 m-−100%−$1.0 m-−$177.0 m-−$2.0 m-−$1.0 m-−$1.0 m-
−$33.0 m-+45.9%−$24.0 m-−$49.0 m-−$70.0 m-−$61.0 m-−$50.0 m-

The balance of investing cash. Negative means the company is building. At Cheniere Energy Partners LP, in Q1 26: −$33.0 m · Δ +45.9% (Q1 25).

$522.0 m-+2.0%$525.0 m-$514.0 m-$513.0 m-$512.0 m-$506.0 m-

Money given to shareholders as dividends. At Cheniere Energy Partners LP, in Q1 26: $522.0 m · Δ +2.0% (Q1 25).

−$253.0 m-+15.7%−$300.0 m-−$55.0 m-$0-−$300.0 m-−$350.0 m-

Loans taken minus loans repaid. At Cheniere Energy Partners LP, in Q1 26: −$253.0 m · Δ +15.7% (Q1 25).

Other financing flows−$2.0 m-−100%−$14.0 m-−$7.0 m-−$1.0 m-−$1.0 m-−$2.0 m-
−$777.0 m-+4.4%−$826.0 m-−$589.0 m-−$514.0 m-−$813.0 m-−$858.0 m-

The balance of financing cash: loans, dividends, buybacks. At Cheniere Energy Partners LP, in Q1 26: −$777.0 m · Δ +4.4% (Q1 25).

$100.0 m-+148%$37.0 m-$20.0 m-−$26.0 m-−$209.0 m-−$32.0 m-

How much the cash in the bank rose or fell. At Cheniere Energy Partners LP, in Q1 26: $100.0 m · Δ +148% (Q1 25).

$201.0 m-−47.0%$164.0 m-$144.0 m-$170.0 m-$379.0 m-$411.0 m-

Cash in the bank at the start of the period. At Cheniere Energy Partners LP, in Q1 26: $201.0 m · Δ −47.0% (Q1 25).

$301.0 m-+77.1%$201.0 m-$164.0 m-$144.0 m-$170.0 m-$379.0 m-

Cash in the bank at the end of the period. At Cheniere Energy Partners LP, in Q1 26: $301.0 m · Δ +77.1% (Q1 25).

$879.0 m-+45.3%$864.0 m-$786.0 m-$490.0 m-$605.0 m-$827.0 m-

The money left after the business paid for its investments. Dividends and debt repayment come from here. At Cheniere Energy Partners LP, in Q1 26: $879.0 m · Δ +45.3% (Q1 25).

Cheniere Energy Partners LP quarterly results: estimates, surprises and the stock's reaction

What analysts expect from the next report, how often Cheniere Energy Partners LP has beaten estimates and how the price moved after results.

When does Cheniere Energy Partners LP report its next results?

Date not announced

The last announced date, August 6, 2026, has passed.

The results will cover the quarter ending June 30, 2026. Analysts have cut their earnings estimate over the last 90 days.

Expected earnings per share
$1.01

between $0.83 and $1.10

Expected revenue
$2.67 bn

5 analysts

Versus 90 days ago
-1.1%

from $1.02 to $1.01

Fiscal year 2027
$4.46

earnings per share, 5 analysts

Worth watching

How often has Cheniere Energy Partners LP beaten analyst estimates?

5 of 8 reports

Cheniere Energy Partners LP reported earnings above estimates in 5 of the last 8 quarters.

The average surprise was +6.8%. Last time, earnings per share came in at $1.71, against $1.22 expected.

How far earnings per share came in above or below the estimate

  • 0.0%Q2 24
  • +11.3%Q3 24
  • +2.4%Q4 24
  • +25.9%Q1 25
  • -15.6%Q2 25
  • -16.7%Q3 25
  • 0.0%Q4 25
  • +40.2%Q1 26

Worth watching

How does Cheniere Energy Partners LP stock react to earnings?

+0.22%

On average, the stock rose the day after results.

It rose after 4 of the 8 reports.

  • May 7, 2026+40.2%-1.27%+2.1%
  • February 26, 2026+0.91%+2.6%
  • October 30, 2025-16.7%+0.37%-5.0%
  • August 7, 2025-15.6%-0.77%+0.2%
  • May 8, 2025+25.9%-2.96%+8.9%
  • February 20, 2025+2.4%+3.36%+4.8%
  • October 31, 2024+11.3%+2.31%+0.6%
  • August 8, 20240.0%-0.21%+1.6%

How does Cheniere Energy Partners LP stock move before earnings?

-1.1%

On average, over the 5 days before. It rose in 3 of 8 quarters.

How does the stock move in the 10 days before?

+0.8%

On average. It rose in 5 of 8 quarters.

How does the stock move in the 5 days after?

+2.0%

On average. It rose in 7 of 8 quarters.

Analyst estimates from a third-party source. The reaction is the change in closing price on the day after the report. This is not investment advice.

What can go wrong

Risks & Resilience

Risks in Cheniere Energy Partners LP (CQP) stock: balance sheet strength, distance from financial distress, and behaviour in past crises. The low-risk score is 49.8 out of 100.

Cheniere Energy Partners LP debt and solvency

Whether Cheniere Energy Partners LP can pay its debts from what it earns, and how far it is from financial distress.

Worth watching

Can Cheniere Energy Partners LP pay its debts?

3.74× debt to EBITDA

Cheniere Energy Partners LP would need about 3.7 years of operating profit to repay all of its financial debt.

Below 3× is considered comfortable. Cheniere Energy Partners LP does better than 16% of companies in its sector.

Balance sheet as of March 31, 2026

Financial debt$14.22 bn
Cash and short-term investments$0.30 bn
Net debt
$13.92 bn

debt minus cash and investments

Credit health
68 out of 100

above 75 means no concern

Good sign

How close is Cheniere Energy Partners LP to bankruptcy?

Very far

None of the bankruptcy models with a published threshold flags stress at Cheniere Energy Partners LP.

The probability of default from the Merton model is practically zero.

  • Distance to default (Merton)How many standard deviations the firm value sits above its debt level. Above 3 is a comfortable margin.
  • Probability of default (Merton)Estimated chance the firm cannot service its debt over one year. Below 1% means negligible credit risk.
  • Probability of distress (Ohlson)Statistical model estimating the risk of financial distress. Low means a balance sheet under no strain.
  • Probability of distress (Zmijewski)Alternative model for estimating financial distress risk. Low means limited risk; useful as a cross-check on the Ohlson model.

Signs of accounting manipulation at Cheniere Energy Partners LP

Statistical models that look for patterns linked to aggressive reporting. A flag means "worth a closer look", not "fraud".

Bad sign

Are there signs of accounting manipulation at Cheniere Energy Partners LP?

Flags raised

Some models raise flags of aggressive reporting at Cheniere Energy Partners LP.

The only point to watch is the Montier score, at 2 out of 6, between the clean and the caution thresholds.

  • Beneish M-scoreModel that detects patterns of aggressive accounting. Below −1.78 means no signals of aggressive reporting. A statistical test, not an accusation.
  • Montier C-scoreSix warning signals about the quality of accounting. 0-1 is clean; 4 or above calls for caution.
  • Accruals ratio (Sloan)How much of reported profit is accounting only, rather than cash collected. Low or negative means profit is backed by real money.
  • Cash conversion of earningsHow much of accounting profit actually turns into cash. Above 100% means profit is more than covered by real money.

The Beneish, Montier and Sloan models are published in academic literature, and the thresholds are those from the original papers.

A statistical screening signal, not an accusation of fraud.

Transparency · MAR

How Cheniere Energy Partners LP stock behaved in market crises

What happened to Cheniere Energy Partners LP stock when the market fell. This is not a forecast, it is what already happened.

Good sign

How far did Cheniere Energy Partners LP stock fall in past crises?

-55.6% largest drop

In both crises measured, Cheniere Energy Partners LP stock held up at least as well as the sector median.

The drop is measured from peak to trough, on the actual price at the time.

  • COVID-19 crash2020
    -55.6%

    Better than 67% of the sector

  • 2022 bear market2022
    -27.9%

    Better than 58% of the sector

All crisis data 5
MetricCheniere Energy Partners LP
COVID-19 crash (2020)-55.6%
2022 bear market (2022)-27.9%
Share of market declines captured43%
Beta to the market0.73
Recession resilience score34 out of 100

Good sign

How much of the market's declines does Cheniere Energy Partners LP stock capture?

43%

When the market falls 10%, Cheniere Energy Partners LP stock falls by about 4.3% on average.

Below 100% means the stock falls less than the market. Its beta of 0.73 says the same.

Market falls-10.0%
Cheniere Energy Partners LP falls-4.3%

Real historical data, not a simulation. How a stock came through past crises does not guarantee how it will come through the next one.

Cheniere Energy Partners LP (CQP) stock: biggest drops and how long the recovery took

The falls the price has been through, from a peak to the lowest point, and how long it took to recover.

Biggest drops since 2010

From a peak to the lowest point after it, how long the fall lasted and how long the recovery took.

  • Sep 2019 - Mar 2020-61.5%fell for 6 months, then took 22 months to get back to the peak
  • Jan 2011 - Aug 2011-50.3%fell for 7 months, then took 7 months to get back to the peak
  • May 2014 - Feb 2016-41.8%fell for 20 months, then took 2 years and 4 months to get back to the peak

Measured on each day’s closing price, adjusted for splits, since 2010-01-04. Elsewhere on this page, drops are measured with dividends reinvested, which is why they can come out slightly smaller there.

What you get while you wait

Dividends and shareholder return

How much Cheniere Energy Partners LP pays in dividends, how secure it is, and what happens to the share count.

Cheniere Energy Partners LP dividends: how much it pays and how safe it is

What you receive as a dividend for one Cheniere Energy Partners LP share, how often, and whether the payout is covered by earnings.

How much dividend does Cheniere Energy Partners LP pay?

5.14% a year, at today's price

Cheniere Energy Partners LP paid $3.27 per share over the last 12 months, in 4 quarterly payments.

The Energy sector median is 4.20%.

Dividend per share, at each payment

  • $0.81Aug 24
  • $0.81Nov 24
  • $0.82Feb 25
  • $0.82May 25
  • $0.82Aug 25
  • $0.83Nov 25
  • $0.83Feb 26
  • $0.79May 26
Expected dividend for the next year
$3.27

a yield of 5.21%

How often it pays
Quarterly

4 times a year

Bad sign

How safe is the Cheniere Energy Partners LP dividend?

16 out of 100

Cheniere Energy Partners LP pays out 65.2% of its earnings as a dividend, which leaves little room for increases.

The sector median is 43.0%. The model's estimated risk of a cut is 63 out of 100.

  • Payout ratioHow much of the profit is paid out as dividend. Below 60% leaves room to grow; above 100% means the dividend exceeds the profit.
  • Dividend safetyHow well the dividend is covered by earnings and cash. The higher the score, the better supported the payout.
  • Risk of a cutThe model's estimate of the risk that the dividend is reduced or suspended. 0 means no warning signal shows up.

Worth watching

How fast is the Cheniere Energy Partners LP dividend growing?

+5.1% a year

Over the past five years, the dividend per share has grown by an average of 5.1% a year.

That is slower than most companies in the sector.

  • Dividend growthAverage yearly growth in the dividend per share. Steadily positive points to a predictable dividend policy.
All dividend payments 8
Ex-dividend datePaidAmountVersus previous
May 8, 2026May 15, 2026$0.79-4.8%
February 9, 2026February 13, 2026$0.830.0%
November 7, 2025November 14, 2025$0.83+1.2%
August 8, 2025August 14, 2025$0.820.0%
May 9, 2025May 15, 2025$0.820.0%
February 10, 2025February 14, 2025$0.82+1.2%
November 4, 2024November 14, 2024$0.810.0%
August 7, 2024August 14, 2024$0.81

Past dividends do not guarantee future payments. Amounts are adjusted for stock splits.

Total shareholder yield for Cheniere Energy Partners LP

Besides the dividend, a company also returns money to shareholders when it buys back its shares or pays down its debt.

Good sign

How much does Cheniere Energy Partners LP return to shareholders?

8.71% a year

Cheniere Energy Partners LP returned 8.71% of its market value to shareholders over the last 12 months.

Most of it comes from the dividend. The share count rose by 43% in 9 years, which dilutes existing shareholders.

What it is made of, over the last 12 months

  • Dividend+6.48%
  • Debt paydown+1.90%

How Cheniere Energy Partners LP used its money over the last 5 years

  • Dividends74%
  • Investment11%
  • Acquisitions7%

A negative total yield means the company raised capital, through borrowing or new shares, not that it took money from shareholders.

What you would have made

What has already happened, taken out of percentages and put into money.

What you would have made by investing in Cheniere Energy Partners LP (CQP) stock

$1,000 put in Cheniere Energy Partners LP stock 10 years ago, with dividends reinvested, would have grown to $3,927, a return of 14.66% a year. On the share price alone, without dividends, it would have been $2,121. Type your own amount and everything recalculates.

$
  • 3 years ago$1,744of which $744 is gain, at 20.37% a year
  • 5 years ago$2,078of which $1,078 is gain, at 15.75% a year
  • 10 years ago$3,927of which $2,927 is gain, at 14.66% a year

These figures have already happened and are not an estimate for what comes next. Dividends are reinvested in the same stock, and the amounts are in the currency the stock trades in, before tax and fees.

Who owns it and what they do with it

Holders and flow

Who stands behind Cheniere Energy Partners LP shares, what they buy and sell, and who bets against them.

Who owns Cheniere Energy Partners LP stock: institutional shareholders

How much of the company is held by funds and institutions, who the largest shareholders are, and whether they are adding to or cutting their stakes.

Who are the largest shareholders of Cheniere Energy Partners LP?

46.9% held by institutions

Funds and institutions hold 46.9% of Cheniere Energy Partners LP shares, and management and employees hold 49.6%.

The five largest shareholders hold 46.7% together. The largest, Blackstone Inc, owns 21.1%.

  • Institutions46.9%
  • Management and employees49.6%
  • Other3.5%
Stake and changeThe stake is the share of the company's stock held by the shareholder. The change shows how much they increased or reduced their position in the latest filing.
  • Blackstone IncMarch 31, 2026
    21.14%0.00%
  • Brookfield CorpMarch 31, 2026
    20.99%0.00%
  • Alerian MLP ETFMay 31, 2026
    1.99%0.00%
  • ALPS Advisors IncMarch 31, 2026
    1.97%+1.86%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.March 31, 2026
    0.59%+3.66%

Bad sign

Are big investors buying or selling Cheniere Energy Partners LP stock?

9 of 40 bought

Of the 40 large shareholders on file, 9 added to their stake and 12 cut it.

Overall, they were net buyers of 931,500 shares. The data comes from quarterly filings, the latest up to May 31, 2026.

Bought9
Sold12

19 left their stake unchanged.

Net shares bought
+931,500

all large shareholders

Active funds
9 bought

12 sold

The list covers the largest reported shareholders, not the whole shareholder base, so the stakes do not add up to 100%.

Cheniere Energy Partners LP short interest: how much is being bet on a fall

Investors who expect the price to fall sell borrowed shares, planning to buy them back cheaper. The more of them there are, the bigger the bet on a decline.

Good sign

How many Cheniere Energy Partners LP shares are sold short?

1.53% of the free float

Only 1.53% of the Cheniere Energy Partners LP shares in the free float are sold short, or 609,126 shares.

It would take 7.3 days of normal trading for all positions to be closed, so a sudden price jump could force short sellers to buy in a hurry.

0%3%10%20%
  • Of the free floatThe share of freely traded stock that is sold short. Below 3% is normal; above 10% points to a big bet on a fall.
  • Days to coverHow many days of normal volume it would take for all short sellers to buy back their shares. Above 5-7 days, a sudden price jump can force them to buy in a hurry.
  • Shares sold shortThe number of shares borrowed and sold by investors betting on a falling price, at the latest report.
  • Short squeeze riskWhen the price jumps suddenly and short sellers have to buy back in a hurry, which pushes the price even higher.

Short positions are reported twice a month, so this figure is older than the price on the page. Latest report: June 10, 2026.

Where it stands against the rest

Context & Comparisons

A number on its own says nothing. Here Cheniere Energy Partners LP is placed next to its sector, its industry and the market, so every figure gets a position.

How Cheniere Energy Partners LP compares with the Energy sector

Cheniere Energy Partners LP belongs to the Energy sector, in the Oil & Gas Midstream industry. Each metric is shown next to the median of companies in the sector and the industry.

How Cheniere Energy Partners LP compares with its sector.

Where the company ranks among its sector peers on every metric, from 0 to 100.

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Transparency · MAR

Companies comparable to Cheniere Energy Partners LP and its direct competitors

Two different lists: stocks with a profile similar to Cheniere Energy Partners LP, whatever their business, and companies that do the same thing, in the same industry.

Which stocks are most similar to Cheniere Energy Partners LP?

91.5% similar to PPG Industries Inc

The closest in profile to Cheniere Energy Partners LP are PPG Industries Inc, F5 Networks Inc and Smith & Nephew SNATS Inc.

Similarity comes from exposure to the same style factors, such as size, quality or volatility, not from the line of business. That is why companies from other sectors also appear. This is not a recommendation.

Similarity and scoreSimilarity, from 0 to 100%, shows how close the two stocks are on style factors. The score is our overall company score, from 0 to 100.
  • PPG Industries Inc
    PPG Industries IncPPG · Basic Materials
    91.5%
  • F5 Networks Inc
    F5 Networks IncFFIV · Technology
    91.3%
  • Smith & Nephew SNATS IncSNN · Healthcare
    91.3%
  • Public Service Enterprise Group Inc
    Public Service Enterprise Group IncPEG · Utilities
    91.1%
  • NetApp Inc
    NetApp IncNTAP · Technology
    90.4%
  • PTC IncPTC · Technology
    90.4%

Who are Cheniere Energy Partners LP's direct competitors?

5 companies in the Oil & Gas Midstream industry

The closest in size is BW LPG Ltd.

The list is sorted by company size, but market value is not shown: it comes in each market's own currency, so the figures cannot be compared.

ScoreOur overall score for each company, from 0 to 100, the same one the verdict comes from.
  • BW LPG LtdBWLPG.OL · NO
  • Pembina Pipeline CorpPBA · US
  • Venture Global, Inc.
    Venture Global, Inc.VG · US
  • Cheniere Energy Inc
    Cheniere Energy IncLNG · US
  • ONEOK Inc
    ONEOK IncOKE · US

How the price moves

Market & Momentum

So far this has been about the company. From here on it is about the share: how much it swings, how deep it fell, and whether the move was worth the risk.

Cheniere Energy Partners LP stock volatility: how much the price moves and how far it has fallen

How much Cheniere Energy Partners LP's share price swings, how it moves against the market and how deep its declines have been.

How volatile is Cheniere Energy Partners LP stock?

29.75% volatility over the past year

Over the past year, Cheniere Energy Partners LP stock had annualized volatility of 29.75%, and 28.53% over three years.

A beta of 0.73 shows how the stock moves against the market: when the market moves 10%, Cheniere Energy Partners LP has moved 7.3% on average.

How much the price moved day to day, over the last 90 sessions

On 34 of 90 days, the price moved by more than 2%. Largest one-day drop: -6.49%, largest rise: +5.24%.

When the market moves 10%, the stock moves on average

Market10%
Cheniere Energy Partners LP7.3%
  • Annualised volatility (1 year)How much the price swings over a year, as a standard deviation. Lower means a smoother ride, not necessarily a higher return.
  • Annualised volatility (3 years)How widely the price swings in a year, measured over the last three. Below 20% is calm; above 40% takes a strong stomach.
  • BetaAgainst the market, over 5 years. How strongly the share moves when the market moves. Below 1 is calmer than the market; above 1 amplifies its moves.
  • Downside betaOnly on days the market falls. How much the share moves against the market, measured ONLY on days the market falls. Lower than ordinary beta = falls less than it rises. Higher = amplifies the falls.
  • Beta over the last yearCalculated on the past year only. The same market sensitivity, but computed on the last twelve months only. Compared with long-term beta, it shows whether the share has turned choppier lately.
  • Raw betaWithout the adjustment toward 1. How much the share moves against the market, without the usual statistical adjustment. Above 1 = moves more than the market. This is the unsmoothed figure; adjusted beta is steadier.

How far has Cheniere Energy Partners LP stock fallen from its peak?

-60.31% largest decline

Cheniere Energy Partners LP stock's largest decline was 60.31%, and getting back to the previous peak took 358 days.

The price is now 4.51% below its previous peak.

  • Maximum drawdownFrom peak to trough. The largest peak-to-trough fall over the period analysed. Smaller is easier to sit through.
  • Current drawdownHow far below the previous peak it is now. How far today’s price sits below the highest peak reached. Zero means it is at the peak. The deeper it is, the more there is to recover.
  • Distance from the 52-week highAgainst the highest price of the past year. How far the price sits below its highest level of the past 52 weeks. Near zero = at the high. Deeply negative = it has given up a lot from the peak.
  • Likely worst-case drawdownExceeded on only 5% of days. How deep the fall could be in the worst 5% of scenarios. Lower is better. It is a statistical estimate, not a guaranteed floor.
  • Ulcer index (1 year)How deep and how long the falls of the past year were, in a single figure. Lower is better: it measures discomfort, not just swing.
  • Ulcer index (3 years)How deep and how long the falls below previous peaks have been. Low means few long stretches spent below the peak.
  • Days to recoverUntil it got back to the peak. How many days the price needed to return to its peak after the largest fall. Fewer is better. Hundreds of days means patience was tested.

Volatility is calculated from daily prices, over the last year and the last three years. Beta compares the stock's moves with the market's over the last five years; one-year beta uses only the last twelve months. These measure the past, they are not forecasts. The histogram uses daily closing prices from the last three months.

Cheniere Energy Partners LP stock's risk-adjusted return

The same gain earned with wide or narrow swings is not worth the same. The figures below divide the return by the risk it was earned with.

Worth watching

Was Cheniere Energy Partners LP stock worth the risk?

0.74 Sharpe ratio over one year

Partly. A Sharpe ratio of 0.74 shows Cheniere Energy Partners LP stock returned more than a risk-free investment, but not much for how much it swung.

Over three years, the Sharpe ratio is 0.67, almost the same as in the past year.

Risk ratiosEach divides the gain by a form of risk. The Sharpe and Sortino bars start from 0, the Omega bar from 1, the point where gains equal losses. Each row has its own scale. Below the one-year value you see the three-year value, where it exists.
  • Sharpe ratioReturn above the risk-free rate for each unit of volatility. Above 1 is good; above 2 is remarkable.
  • Sortino ratioLike Sharpe, but only penalising downward swings, not upward ones. Above 1.5 means good return relative to downside risk.
  • Omega ratioThe ratio of gains to losses over the past year, weighted by their size. Above 1 means the good side weighed more than the bad.
  • Total return, 12 monthsPast 12 months, with dividends. Gain over the past year, with dividends reinvested. Compared with the benchmark index, not in isolation.
  • Calmar ratioAgainst the largest decline. Annual return divided by the largest drawdown suffered. Above 0.5 is decent. It says how much return you got for each unit of pain.
  • Treynor ratioAgainst market risk, past year. Return above the risk-free rate divided by beta - against market risk, not total swing. Higher is better. Useful when the share is held in a portfolio rather than alone.

Each one relates the gain to a form of risk: Sharpe to total swings, Sortino only to the downside, Omega weighs gains against losses, Calmar uses the deepest fall, Treynor market risk. Thresholds used: Sharpe and Sortino above 1 good, 0 to 1 moderate, below 0 weak; Omega above 1 good, below 1 weak; Calmar above 0.5 good, 0 to 0.5 moderate, below 0 weak. Treynor has no general threshold, so we show it without a verdict. The words next to the figures are states with established names, not recommendations: “oversold” does not mean “worth buying”. Verdicts appear only on the risk ratios, where there is a clear direction of better.

Cheniere Energy Partners LP stock trend: moving averages and oscillators

Where Cheniere Energy Partners LP's share price stands against its averages and how stretched the recent move is.

Is Cheniere Energy Partners LP stock in an uptrend?

4 of 4 trend signals pointing up

Yes. Cheniere Energy Partners LP's share price is above its 200-day average, and the 50-day average is above the 200-day one.

  • Above the 200-day averageWhether today’s price is above or below the long-term average. Above is read as a structural uptrend; below, a downtrend.
  • Short average above the long oneWhether the 50-day average is above the 200-day. When the short crosses above the long it is called a golden cross; the reverse, a death cross.
  • Moving-average crossover stateWhich average is on top, expressed as +1 or -1. +1 = short above long; -1 = the reverse.
  • Parabolic SAR directionThe direction signal given by the Parabolic SAR indicator. +1 = uptrend; -1 = downtrend.

The price over the last 91 sessions, with the 50-day average. The dashed line marks today's level of the 200-day average.

$72.41$55.16
May 29, 2026October 19, 2026
  • Current priceThe latest closing price in the daily data, the white line on the chart.
  • 50-day moving averageAverage price, last 50 days. The average price over the last fifty trading sessions. It is the short-term reference: price above it means a recent upward trend.
  • 200-day moving averageAverage price, last 200 days. The average price over the last two hundred sessions. It is the long-term reference, the most watched line in technical analysis.

Is Cheniere Energy Partners LP stock overbought?

62.46 14-day RSI

Not yet. An RSI of 62.46 is close to the 70 threshold, above which Cheniere Energy Partners LP stock would be considered overbought.

Trend strength (ADX) is 13.77, below 20: the price has no clear direction.

OscillatorsThey show how stretched the recent price move is. Each scale marks the usual thresholds from technical analysis. These are states with established names, not recommendations.
  • MACD lineDifference between the 12-day and 26-day averages. The gap between the 12-day and the 26-day exponential average - how fast direction is changing. Above the signal and rising means upward momentum.
  • MACD signal9-day average of the MACD line. The nine-day average of the MACD line. It is the threshold the line is read against. It is not judged on its own: what matters is whether the line is above or below it.
  • MACD histogramThe line minus the signal. The gap between the MACD line and its signal - how fast momentum is changing. Positive and rising = upward momentum; negative = downward momentum.
  • On-balance volume slope (50 days)Direction of volume, last 50 days. Where cumulative volume is heading over the last fifty sessions. Positive means more is being accumulated than distributed.
  • Relative strength index (RSI 14)Usual thresholds: 30 and 70. How fast the price rose or fell over the last fourteen days, on a scale from 0 to 100. Below 30 is considered oversold, above 70 overbought. In between, no signal.
  • Commodity channel index (CCI 20)Usual thresholds: -100 and 100. How far the price is from its twenty-day average, measured in typical deviations. Between -100 and +100 is normal; outside that, an unusual move against the recent pattern.
  • Position in the Bollinger bandBetween 0 and 1, the price is inside the band. Where the price sits between the lower band (0) and the upper band (1) of the volatility channel. Below 0 or above 1 means the price has left the channel - rare, and usually brief.
  • Trend strength (ADX 14)Above 25, the trend is clear. How clear the price direction is, whether it rises or falls. Above 25 = a clear trend; below 20 = it moves sideways.

The thresholds marked on the scales are the usual ones in technical analysis: 30 and 70 for RSI, ±100 for CCI, 0 and 1 for the Bollinger band, 20 and 25 for trend strength. They are widely used conventions, not rules. The words next to the figures are states with established names, not recommendations: “oversold” does not mean “worth buying”. Verdicts appear only on the risk ratios, where there is a clear direction of better.

Who Cheniere Energy Partners LP stock is suited for

Each row is an investing style. The more checks Cheniere Energy Partners LP passes for a style, the better it suits people who invest that way. There is no right style.

Worth watching

What kind of investor is Cheniere Energy Partners LP stock right for?

18 of 29 checks passed

Cheniere Energy Partners LP best suits investors looking for a high-quality business and least suits those looking for a strong balance sheet.

A failed check is not a flaw in itself: a growth company fails almost everything to do with value, and that is normal. What matters is the pattern, where it passes and where it fails, not the count on its own.

Strongest point
Quality

5 of 6

Weakest point
Financial health

2 of 5

The checksEach style has a few checks, each with a threshold. The bar shows how many of them the company passes. Open a style to see which pass and which fail.
ValueFor those looking for a low price against what the company produces3 of 5
  • Upside to fair valueHow much room there is between today’s price and the value computed from discounted cash flows. Positive means the model sees the share below its value.
  • Price / earnings (trailing 12 months)How many years of current profit you pay for one share. Judged against sector and growth rate, never in isolation.
  • Price / sales (trailing 12 months)How many times annual sales you pay for a share. Useful for companies without profit; judged against the sector, not in absolute terms.
  • Free cash flow yieldHow much free cash the company produces relative to its market value. Above ~5% is attractive; below 2% is expensive.
  • Margin of safetyHow far the market price sits below our fair-value estimate. Positive and wide means buying below value. Negative means paying above it.
QualityFor those looking for a business that earns well on the capital it uses5 of 6
  • Return on capital above its costWhether the return on invested capital exceeds the weighted average cost of capital. Above the cost of capital the company creates value; below, it destroys it.
  • Return on equityHow much net profit the company generates from shareholders' money. Above ~15% is very good; consistency matters as much as the level.
  • Net margin (DuPont breakdown)The margin component of the DuPont breakdown of returns. Higher means the firm keeps more of every unit sold.
  • Competitive moatHow well defended the company’s position is against competitors. A wide moat means profit is harder to erode.
  • Piotroski F-scoreNine balance-sheet and profitability checks, one point for each one passed. Above 7 out of 9 is considered solid; below 3, weak.
  • Sloan ratioHow much of the profit comes from accounting accruals rather than cash received. Near zero is better: the profit shows up in the account, not just the report.
Financial healthFor those who want to sleep easy: low debt, solid balance sheet2 of 5
  • Warning flagsThe number of forensic flags raised by the reporting-quality models. Zero is what you want to see.
  • Debt / EBITDAHow many years of operating profit it would take to cover total debt. Below 3 is comfortable; above 4 becomes a burden.
  • Interest coverageHow many times operating profit covers the interest the company owes in a year. Above 3 is comfortable; below 1.5 means interest eats almost all the profit.
  • Probability of default (Merton)Estimated chance the firm cannot service its debt over one year. Below 1% means negligible credit risk.
  • Behaviour in recessionHow the share behaved through recent economic contractions. A smaller fall than the market shows resilience.
GrowthFor those looking for revenue and profit rising year after year3 of 4
  • Earnings per share growth (5-year annual)Average yearly growth in earnings per share. Faster than revenue means expanding margins or buybacks.
  • Revenue growth (5-year annual)Average yearly revenue growth over the past five years. Above ~10% is solid growth for a mature company.
  • Rule of 40Revenue growth added to the profitability margin. Above 40 means a good balance between growth and profitability.
  • Analyst revisionsWhich way analysts have moved their estimates lately. Upward means expectations are rising.
DividendsFor those who want regular income, not just a rising price2 of 4
  • Dividend yield (trailing 12 months)Dividends paid over the past year against the current price. Judged together with sustainability, not on level alone.
  • Payout ratioHow much of the profit is paid out as dividend. Below 60% leaves room to grow; above 100% means the dividend exceeds the profit.
  • Streak of good reportsHow many quarters in a row the company has beaten expectations. A long streak shows predictability; a broken one, a change.
  • Total shareholder yieldDividends, buybacks and debt reduction taken together. The full picture of money returned to shareholders.
Momentum and performanceFor those who follow the recent trend in the price3 of 5
  • Beats, last yearHow many times over the last year the result came in above estimates. More beats suggest cautious estimates or good execution.
  • Beats, three yearsHow many times over the last three years the result came in above estimates. More beats suggest cautious estimates or good execution.
  • Beats, five yearsHow many times over the last five years the result came in above estimates. More beats suggest cautious estimates or good execution.
  • Price momentumThe direction and strength of the recent price move. Positive means the recent trend is upward.
  • Sharpe ratio (1 year)Return above the risk-free rate for each unit of volatility. Above 1 is good; above 2 is remarkable.

Transparency · MAR

In short

Frequently asked questions about Cheniere Energy Partners LP (CQP) stock

Short answers to the questions investors ask most about Cheniere Energy Partners LP, with figures as of October 19, 2026.

What is the Cheniere Energy Partners LP (CQP) share price today?

$63.63

At the close on October 19, 2026, one Cheniere Energy Partners LP share cost $63.63. Over the past 52 weeks, the price has ranged between $47.42 and $69.76. Compared with a year ago, the stock is up 16.2%.

See the full analysis

Does Cheniere Energy Partners LP pay a dividend?

5.14% a year

Yes, Cheniere Energy Partners LP pays a quarterly dividend: $3.27 per share over the last 12 months, a yield of 5.14% at today's price. The 5.14% yield is above the Energy sector median of 4.20%. It pays out 65.2% of its earnings as dividends. The latest payment was $0.79 per share, with an ex-dividend date of May 8, 2026.

See the full analysis

Is Cheniere Energy Partners LP stock expensive?

P/E 9.8

At today's price, Cheniere Energy Partners LP shares trade at 9.8 times earnings (price-to-earnings ratio), compared with a median of 15.5 in the Energy sector. That makes the shares 37% cheaper than the typical company in the sector relative to earnings. A low price relative to earnings can be an opportunity or a sign of a problem the market sees at Cheniere Energy Partners LP. Relative to sales, the stock trades at 2.7 times annual revenue, compared with 1.6 in the sector.

See the full analysis

Is Cheniere Energy Partners LP profitable?

22.2% margin

Yes. Cheniere Energy Partners LP keeps 22.2% of its revenue as net profit (net margin). Its return on invested capital (ROIC) is 18.9%.

See the full analysis

Are Cheniere Energy Partners LP’s revenue and earnings growing?

Revenue +23.6%

In its latest fiscal year, Cheniere Energy Partners LP grew revenue by 23.6% compared with 2024. Net income rose 19.0%. Over the past 5 years, revenue has grown by an average of 11.8% a year. Earnings per share have grown by an average of 15.8% a year over the same period.

See the full analysis

What is the analyst price target for Cheniere Energy Partners LP stock?

Target -9.7%

The average 12-month analyst price target for Cheniere Energy Partners LP shares is $59.73. The target is 9.7% below today's price. The estimate comes from 14 analysts, not from our analysis, and their average recommendation is “sell”, at 2.21 out of 5.

See the full analysis

When does Cheniere Energy Partners LP report earnings?

Cheniere Energy Partners LP has not yet announced the date of its next earnings report. Over the last 8 quarters, Cheniere Energy Partners LP beat earnings estimates 5 times.

See the full analysis

Does Cheniere Energy Partners LP have a lot of debt?

Debt 3.74x EBITDA

Cheniere Energy Partners LP carries $14.53 bn in financial debt, or 3.74 times its annual operating profit (EBITDA). That is above the sector median of 1.63, so the company is more indebted than the typical firm in its industry. Cash and short-term investments of $201.0 m cover 1% of that debt.

See the full analysis

How do you buy Cheniere Energy Partners LP (CQP) shares?

CQP

Cheniere Energy Partners LP shares trade on the New York Stock Exchange (NYSE) under the ticker CQP, in US dollars. You buy them through a broker with access to this exchange: search for the ticker CQP or the ISIN US16411Q1013 and place an order. Brokers with access to this exchange, from our comparison: eToro, Trading212 and XTB. CQP trades Monday to Friday, from 9:30 to 16:00 New York time. Many brokers also offer fractional Cheniere Energy Partners LP shares, so you don't need $63.63 to get started. Because Cheniere Energy Partners LP is a US company, investors outside the US fill in form W-8BEN once, so the broker can apply their country's tax-treaty rate to US withholding on its dividends instead of the standard 30%.

Affiliate links: if you open an account, we may earn a commission at no cost to you. Investing involves the risk of losing money.

How risky is Cheniere Energy Partners LP stock?

Beta 0.73

Cheniere Energy Partners LP shares have a beta of 0.73, so the stock has moved less than the market: when the market moved 10%, it moved 7.3% on average. Its largest drop from a peak was 60.3%, and the recovery took 358 days. Volatility over the past year is 29.7%.

See the full analysis

Is Cheniere Energy Partners LP stock in an uptrend or a downtrend?

+17.2% vs 200-day average

Long term, it is trending up: Cheniere Energy Partners LP shares trade 17.2% above their 200-day average. The 50-day average is above the 200-day average, a sign the rise has lasted for several months.

See the full analysis

How much would you have made with Cheniere Energy Partners LP stock?

+293% in 10 years

Anyone who bought Cheniere Energy Partners LP shares 10 years ago has a total gain of 293% today, with dividends reinvested, or 14.7% a year. Over the past year, the gain was 18.5%.

See the full analysis

This information is educational and is not investment advice. Figures update together with the data on this page.

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Key figuresAnalysis summaryIndicatorsPros and consVerdict
AnalystsFair valueProjections
ProfitabilityGrowthEarnings qualityCapital efficiencyFinancial statementsEarnings reports
Debt and solvencyForensics and manipulationBehaviour in crisesBiggest drops
DividendsShareholder yieldWhat you would have made
Institutional holdingsShort interest
Position in sectorComparable companiesWho it suits
Volatility and riskRisk-adjusted returnTrend and oscillators
Frequently asked questions