Cheniere Energy Partners, L.P.
Business
Cheniere Energy Partners, L.P. owns and operates the Sabine Pass LNG Terminal, a natural gas liquefaction and export facility. The company liquefies natural gas and ships it globally through long-term take-or-pay contracts and index-priced agreements with energy companies and utilities. Operations include the Sabine Pass liquefaction facility in Louisiana, the Creole Trail Pipeline, and regasification capacity, with an expansion project under development.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues | 10,758 | 8,704 | 9,664 | 17,206 | 9,434 | |
| Cost of sales | 5,145 | 3,574 | 2,743 | 12,100 | 5,391 | |
| Operating and maintenance expense | 1,109 | 1,054 | 1,107 | 995 | 823 | |
| General and administrative expense | 105 | 100 | 99 | 97 | 94 | |
| Depreciation and amortization expense | 688 | 680 | 672 | 634 | 557 | |
| Other operating costs and expenses | 5 | 16 | 7 | 0 | 12 | |
| Total operating costs and expenses | 7,052 | 5,424 | 4,628 | 13,826 | 6,877 | |
| Income from operations | 3,706 | 3,280 | 5,036 | 3,380 | 2,557 | |
| Interest expense, net of capitalized interest | −753 | −800 | −823 | −870 | — | |
| Loss on modification or extinguishment of debt | −8 | −3 | −6 | −33 | −101 | |
| Interest and dividend income | 18 | 33 | 46 | 21 | 1 | |
| Other incomeaffiliate | 24 | 0 | 1 | 0 | 4 | |
| Total other expense | −719 | −770 | −782 | −882 | −927 | |
| Net income | 2,987 | 2,510 | 4,254 | 2,498 | 1,630 | |
| Basic and diluted net income per common unit | 5.17 | 4.25 | 6.95 | 3.27 | 3 | |
| Weighted average basic and diluted number of common units outstanding | 484 | 484 | 484 | 484 | 484 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 182 | 270 | 575 | 904 | 876 | |
| Restricted cash and cash equivalents | 19 | 109 | 56 | 92 | 98 | |
| Trade and other receivables, net of current expected credit losses | 749 | 544 | 651 | 627 | — | |
| Trade receivables, net of current expected credit lossesrelated party | 0 | 1 | 0 | 551 | — | |
| Advances to affiliates | 145 | 101 | 84 | 177 | — | |
| Inventory | 180 | 151 | 142 | 160 | 176 | |
| Current derivative assets | 0 | 84 | 30 | 24 | 21 | |
| Prepaid expenses | 42 | 42 | — | — | — | |
| Other current assets, net | 21 | 23 | 43 | 50 | 80 | |
| Total current assets | 1,338 | 1,325 | 1,581 | 2,620 | 2,212 | |
| Property, plant and equipment, net of accumulated depreciation | 15,259 | 15,760 | 16,212 | 16,725 | 16,830 | |
| Operating lease assets | 76 | 79 | 81 | 89 | 98 | |
| Derivative assets | 541 | 98 | 40 | 28 | 33 | |
| Other non-current assets, net | 223 | 191 | 188 | 163 | 173 | |
| Total assets | 17,437 | 17,453 | 18,102 | 19,633 | 19,358 | |
| Accounts payable | 53 | 62 | 69 | 32 | 21 | |
| Accrued liabilities | 1,047 | 906 | 866 | 1,458 | 1,073 | |
| Current debt, net of unamortized discount and debt issuance costs | 306 | 351 | 300 | 0 | — | |
| Deferred revenue | 123 | 123 | 117 | 147 | 155 | |
| Current derivative liabilities | 164 | 250 | 196 | 769 | 16 | |
| Other current liabilities | 15 | 20 | 18 | 15 | 0 | |
| Total current liabilities | 1,708 | 1,712 | 1,566 | 2,421 | 1,345 | |
| Long-term debt, net of unamortized discount and debt issuance costs | 14,161 | 14,761 | 15,606 | 16,198 | 17,177 | |
| Derivative liabilities | 900 | 1,213 | 1,531 | 3,024 | 11 | |
| Other non-current liabilities | 254 | 276 | 183 | 23 | 0 | |
| Total liabilities | 17,023 | 17,962 | 18,886 | — | — | |
| Commitments and contingencies (see Note 15) | — | — | — | — | — | |
| Common unitholders interest (484.0 million units issued and outstanding at both December 31, 2025 and 2024) | 3,156 | 1,821 | 1,038 | −1,118 | — | |
| General partners interest (2% interest with 10.0 million units issued and outstanding at both December 31, 2025 and 2024) | −2,742 | −2,330 | −1,822 | −1,013 | −306 | |
| Total partners equity (deficit) | 414 | −509 | −784 | −2,131 | 718 | |
| Total liabilities and partners equity (deficit) | 17,437 | 17,453 | 18,102 | 19,633 | 19,358 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization of discount and debt issuance costs | 23 | 26 | 28 | 30 | 29 | |
| Total gains on derivative instruments, net | −741 | −402 | −2,082 | 1,158 | −29 | |
| Net cash provided by (used for) settlement of derivative instruments | −17 | 26 | −2 | −102 | −17 | |
| Other, net | 26 | 22 | 26 | 44 | 27 | |
| Trade and other receivables | −131 | −7 | 254 | −112 | −204 | |
| Trade and other receivablesaffiliate | −74 | 114 | 273 | −335 | −32 | |
| Trade receivablesrelated party | 1 | −1 | 0 | 0 | −1 | |
| Advances to affiliates | −48 | −11 | 85 | −36 | 2 | |
| Inventory | −30 | −10 | 18 | 12 | −68 | |
| Accounts payable and accrued liabilities | 160 | 6 | −467 | 354 | 321 | |
| Accounts payable and accrued liabilitiesrelated party | −5 | 0 | −2 | — | — | |
| Total deferred revenue | −12 | 39 | 46 | −11 | 18 | |
| Other, net | −53 | −32 | 24 | −52 | −38 | |
| Other, netaffiliate | −6 | 8 | −18 | −31 | 0 | |
| Net cash provided by operating activities | 2,768 | 2,968 | 3,109 | 4,149 | 2,291 | |
| Property, plant and equipment | −199 | −154 | −220 | −451 | −648 | |
| Other, net | −5 | −8 | −7 | 0 | 0 | |
| Net cash used in investing activities | −204 | −162 | −227 | −451 | −648 | |
| Proceeds from issuances of debt and borrowings | 1,262 | 1,228 | 1,397 | 559 | 3,182 | |
| Redemptions and repayments of debt | −1,917 | −2,030 | −1,700 | −1,560 | −3,600 | |
| Distributions | −2,064 | −2,235 | −2,907 | −2,635 | −1,451 | |
| Other | −23 | −21 | −37 | −40 | −107 | |
| Net cash used in financing activities | −2,742 | −3,058 | −3,247 | −3,676 | −1,976 | |
| Net decrease in cash, cash equivalents and restricted cash and cash equivalents | −178 | −252 | −365 | 22 | −333 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Cheniere Energy Partners, L.P.'s CIK number?
Cheniere Energy Partners, L.P.'s SEC CIK number is 0001383650 (1383650). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Cheniere Energy Partners, L.P.'s SEC filings?
All of Cheniere Energy Partners, L.P.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Cheniere Energy Partners, L.P. last report earnings?
Cheniere Energy Partners, L.P. (CQP) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001383650-26-000016). This is Cheniere Energy Partners, L.P.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Cheniere Energy Partners, L.P.'s most recent earnings 8-K?
Cheniere Energy Partners, L.P.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001383650-26-000016. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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