CQP · NYSE · Oil & Gas Midstream

Cheniere Energy Partners

Liquefies and exports natural gas through Sabine Pass and Creole Trail.

$68.91
After-hours close+0.16 (+0.23%)
At close$68.75(+0.57%)
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Profile

Cheniere Energy Partners, L.P.CQPEnergy

Owns the Sabine Pass liquefaction and export terminal and Creole Trail Pipeline, supplying LNG under long-term contracts. Parent-controlled partnership structure, project financing, Gulf Coast weather exposure and federal permits shape operations and expansion.

Owns and operates the Sabine Pass LNG terminal in Louisiana, where six liquefaction trains convert pipeline gas into LNG for export. Creole Trail Pipeline links the site to interstate gas networks, while storage tanks, marine berths and legacy regasification equipment support terminal operations.

Executes a contract-backed operating model built around long-term customer agreements, parent-provided personnel and staged project development. The publicly traded partnership is controlled through a general partner wholly owned by Cheniere Energy, which also supplies the workforce supporting Sabine Pass.

Exports LNG to global customers from a single Gulf Coast complex. Operations remain exposed to severe weather and safety oversight, while expansion requires federal permits, commercial commitments, financing and a final investment decision.

Company facts

CEOJack A. Fusco
ListedMar 21, 2007
ExchangeNYSE
HeadquartersHouston, TX
CountryUnited States
Employees1,717
CIK0001383650
ISINUS16411Q1013

Key statistics

Market cap$33.36B
EPS (ttm)$5.98
P/E (ttm)11.52
ROE103.6%
P/B9.03
P/S2.90
Dividend yield1.19%
Beta−0.25vs XLE 0.62

Year to date +27.3% · Average volume (30d) 115.9K

Analysts

Price target, next 12 months$66.00−4.2%Median of 18 analysts · vs the Aug 28 close
ConsensusSell3 of 18 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 24, 2026RBC CapitalReiterateSector Perform$65
Aug 7, 2026BarclaysReiterateUnderweight$63$66
Jul 15, 2026BarclaysReiterateUnderweight$45$63
Mar 26, 2026UBSTarget$75
Feb 21, 2025StifelDowngradeHoldSell

Earnings

EPS

Estimate$1.03
ReportedDue Oct 29, 2026

Revenue

Estimate$2.58B
ReportedDue Oct 29, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26$1.01$2.14+111.9%$2.64B$2.58B−2.1%+2.98%
May 7, 2026Q1 FY26$1.15$1.23+7.0%$2.90B$3.60B+24.0%−1.30%
Feb 26, 2026Q4 FY25$1.11$2.38+114.4%$2.78B$2.91B+4.7%+0.91%
Oct 30, 2025Q3 FY25$1.02$0.81−20.6%$2.56B$2.40B−6.1%−3.01%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.99B$2.46B$2.40B$2.91B$3.60B$2.58B
Gross profit$1.12B$1.09B$617.0M$1.49B$358.0M$1.82B
Operating income$826.0M$715.0M$591.0M$1.46B$329.0M$1.34B
Net income$641.0M$553.0M$506.0M$1.28B$186.0M$1.16B
Diluted EPS$1.09$0.91$1.05$2.41$0.38$2.14
Gross margin37.3%44.3%25.7%51.3%9.9%70.4%
Operating margin27.6%29.1%24.6%50.3%9.1%51.9%

Fiscal years (4-quarter sums)FY21 $9.43B · FY22 $17.21B · FY23 $9.66B · FY24 $8.70B · FY25 $10.76B

Revenue by product · Q2 FY26

Liquefied Natural Gas$2.53B · 98%
Regasification Service$34.0M · 1%
Product And Service, Other$16.0M · 1%

Balance sheet, Jun 30, 2026Cash & short-term investments $443.0M · Total debt $14.44B · Total assets $17.68B · Shareholders' equity $3.69B

Dividends

Next ex-date
Aug 7, 2027
estimated · in 343 days
Annual dividend
$0.82
per share
Dividend yield
1.19%
Schedule
Annual
one payment a year

Last raised to $0.82 from $0.81 in Aug 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Aug 7, 2026Aug 7Aug 14$0.82raised from $0.81
May 8, 2026May 8May 15$0.79special dividend
Feb 9, 2026Feb 9Feb 13$0.83special dividend
Nov 7, 2025Nov 7Nov 14$0.83special dividend
Aug 8, 2025Aug 8Aug 14$0.82special dividend
May 9, 2025May 9May 15$0.82special dividend
Feb 10, 2025Feb 10Feb 14$0.82special dividend
Nov 4, 2024Nov 4Nov 14$0.81special dividend
View details

Ownership

Institutions 46.83%Insiders

Shares outstanding 484.05M · Float 142.04M · 29.3% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Blackstone Inc.102.35M21.14%13FAug 14, 2026
Brookfield Corp /ON/101.62M20.99%13FAug 14, 2026
Alps Advisors Inc9.10M1.88%13FJul 29, 2026
Mirae Asset Global Etfs Holdings Ltd.2.85M0.59%13FAug 14, 2026
Energy Income Partners, LLC1.55M0.32%13FAug 7, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • Venture Global

    U.S. LNG export peer scaling Calcasieu Pass, Plaquemines and CP2

  • Sempra

    Gulf Coast LNG export rival spanning Cameron and Port Arthur

  • ExxonMobil

    Gulf Coast LNG export rival through a 30% Golden Pass stake

  • NextDecade

    Building a Gulf Coast LNG export rival backed by long-term SPAs

  • Kinder Morgan

    Smaller LNG export and terminal-services rival at Elba Island

CompareAfter-hours close

CompanyPriceChange
Cheniere Energy Partners$68.91+0.23%$33.36B11.515.42.9+5.2%
Venture Global$14.23+0.39%$34.63B11.29.72.0+47.6%
Sempra$84.31−0.01%$55.12B24.416.14.1−0.1%
ExxonMobil$156.80+0.08%$649.44B20.213.21.8+46.0%
NextDecade$7.35−0.00%$1.96B
Kinder Morgan$31.50−0.16%$70.28B20.221.23.9+10.8%
Median20.214.63.0+28.4%