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Cheniere Energy Partners

CQP

Cheniere Energy Partners, LP owns and operates the Sabine Pass LNG Terminal, one of the world's largest liquefied natural gas (LNG) production facilities.

Market cap
$31.41B+18.5%
Revenue$11.4B+21.0%
Net income$2.5B+2.6%
Free cash flow$2.8B+2.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$2.7B
EPS estimate$0.94

Financials

Q1 2026

Income statement

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Revenue$3.6B+20.4%
Gross profit$838.0M-34.8%
Operating income$361.0M-56.3%
Net income$186.0M-71.0%

Balance sheet

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Cash & equivalents$279.0M+197%
Total debt$14.2B-4.0%
Total assets$17.1B+0.1%

Cash flow

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Operating cash flow$910.0M+36.8%
CapEx$31.0M-48.3%
Free cash flow$879.0M+45.3%

Valuation & ratios

Valuation

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Market cap$31.7B+18.5%
Enterprise value$45.64B+9.1%
P/E12.5×+1.5×
P/S2.8×+0.1×

Profitability

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Gross margin45.4%-8.7pp
Operating margin28.5%-5.9pp
Net margin22.3%-4.0pp
FCF margin25%-4.6pp

Returns & leverage

See full
Current ratio0.4×-0.5×

Segments

By product

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LNG$3.5B+20.8%
Regasification$34.0M0.0%

Competitors

Profile

Cheniere Energy Partners, LP owns and operates the Sabine Pass LNG Terminal, one of the world's largest liquefied natural gas (LNG) production facilities. The company provides clean, secure, and affordable energy to global integrated energy companies, utilities, and trading firms through long-term liquefaction and regasification services.

Competitive position

Leading global LNG exporter with significant scale and established long-term contractual cash flows.

GeographiesUnited States, Europe, Asia
Customer segmentsGlobal energy utilities, Multinational oil and gas corporations, Sovereign energy entities
Business modelInfrastructure-as-a-Service, Long-term take-or-pay contracts
SuppliersNatural gas producers, Interstate pipeline operators, EPC contractors
CustomersInternational LNG buyers, Natural gas marketers, Power generation facilities
Listed2005
Employees1.6K
CEOJack A. Fusco
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Cheniere Energy Partners's market cap?
Cheniere Energy Partners (CQP) has a market capitalization of $31.4B and trades on NYSE.
What is Cheniere Energy Partners's revenue and profitability?
Cheniere Energy Partners generated $11.4B in trailing twelve-month revenue with net income of $2.5B, representing a net margin of 22.3%. Gross margin stands at 45.4%, with free cash flow of $2.8B. These figures are based on the Q1 2026 filing.
Who are Cheniere Energy Partners's competitors?
Cheniere Energy Partners's key competitors include Corpus Christi Liquefaction, LLC, Sempra Infrastructure, Stabilis Solutions, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Cheniere Energy Partners partner with?
Cheniere Energy Partners's notable partners include TotalEnergies Gas & Power North America, Inc., BG Gulf Coast LNG, LLC, Korea Gas Corporation, and others.
What subsidiaries does Cheniere Energy Partners have?
Cheniere Energy Partners's subsidiaries include Sabine Pass Liquefaction, LLC (SPL), Sabine Pass LNG, L.P. (SPLNG), Cheniere Creole Trail Pipeline, L.P. (CTPL).
Where is Cheniere Energy Partners headquartered?
Cheniere Energy Partners is headquartered in United States of America and employs approximately 1,605 people. It has been publicly traded since 2005.