Cheniere Energy Partners, L.P.

Listed Company

CQPCIK 0001383650NYSELarge AcceleratedNatural Gas DistributionDelawareFY ends Dec 31

Period

FY 2025

Revenue

$10.76B

Net Income

$2.99B

Total Assets

$17.44B

Equity

—

Shares Out

484.05M

Op. Cash Flow

$2.77B

Business

Cheniere Energy Partners, L.P. is a publicly listed company in Natural Gas Distribution, incorporated in Delaware. Common stock trades on NYSE under the ticker CQP.

Auto-generated from company profile

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	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

As of · In millions, except per-share amounts

Concept	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

Year Ended · In millions, except per-share amounts

Concept	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

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro