CQP · NYSE · Oil & Gas Midstream

Cheniere Energy Partners (CQP)

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

$66.20
vs last close+0.13 (+0.20%)
Loading prices…

Cheniere Energy Partners, L.P.CQP
Energy

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

Market cap$31.98B
EPS (ttm)$5.98
P/E (ttm)11.05
ROE103.6%
P/B8.66
P/S2.78
Dividend yieldDiv yield1.24%
Beta−0.23vs XLE 0.59

Price target$66.00−0.1%Average of 18 analysts
ConsensusSell10 of 18 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 24, 2026RBC CapitalReiterate
Rating: Target:
Rating: Sector PerformTarget: $65
Aug 7, 2026BarclaysReiterate
Rating: Target: $63
Rating: UnderweightTarget: $66
Jul 15, 2026BarclaysReiterate
Rating: Target: $45
Rating: UnderweightTarget: $63
Mar 26, 2026UBSTarget
Target:
Target: $75
Feb 21, 2025StifelDowngrade
Rating: Hold
Rating: Sell

Next report
Oct 29, 26
in 36 days
EPS estimate
$1.02
Revenue estimate
$2.58B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Oct '25Feb '26May '26Aug '26Oct '26
Reported$1.05$1.08$0.91$0.81$2.38$0.38$2.14Pending
Estimate$1.07$1.06$0.96$1.02$1.11$1.15$1.01$1.02
Surprise−1.9%+1.9%−5.2%−20.6%+114.4%−67.0%+111.9%

RevenueReportedEstimate

Feb '25May '25Aug '25Oct '25Feb '26May '26Aug '26Oct '26
Reported$2.46B$2.99B$2.46B$2.40B$2.91B$3.60B$2.58BPending
Estimate$2.19B$2.61B$2.57B$2.56B$2.78B$2.90B$2.64B$2.58B
Surprise+12.5%+14.3%−4.5%−6.1%+4.7%+24.0%−2.1%
Estimate$1.02
ReportedDue Oct 29, 2026
Estimate$2.58B
ReportedDue Oct 29, 2026
View details

Debt to equity391.20%
Current ratio122.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.06B$2.46B$2.99B$2.46B$2.40B$2.91B$3.60B$2.58B
Net income$635.0M$623.0M$641.0M$553.0M$506.0M$1.28B$186.0M$1.16B
Net margin30.9%25.3%21.4%22.5%21.0%43.9%5.2%44.9%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$827.0M$812.0M$826.0M$715.0M$591.0M$1.46B$329.0M$1.34B
YoY growth−16.3%−26.2%−5.6%−6.7%−28.5%+80.3%−60.2%+87.4%

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

Revenue
$2.58B
Operating income
$1.34B
Net income
$1.16B
View details

Dividend yield
1.24%
Next ex-date
Aug 7, 27
estimated · in 318 days
Annual dividend
$0.82
per share
Schedule
Annual
one payment a year

HistoryDividendAnnual yield

Nov '21Feb '22Nov '23May '24Aug '26
Dividend$0.68$0.70$1.03$0.81$0.82
Annual yield6.10%1.37%1.78%3.71%1.27%
Ex-dateNov 4Feb 4Nov 3May 8Aug 7
Payment dateNov 12Feb 14Nov 14May 15Aug 14
View details

Institutions46.83%226.70M shares
208 holders · as of Jun 30, 2026
Other53.17%257.35M shares
remainder

484.05M company shares as of Aug 27, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Blackstone Group IncInstitution
21.14%102.35Mas of Jun 30, 2026
Brookfield Asset Management Inc.Institution
20.99%101.62Mas of Jun 30, 2026
Alps Advisors IncInstitution
1.88%9.10Mas of Jun 30, 2026
Mirae Asset Global Etfs Holdings Ltd.Institution
0.59%2.85Mas of Jun 30, 2026
Energy Income Partners, LLCInstitution
0.32%1.55Mas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • 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

Compare

CompanyPriceChange
Cheniere Energy Partners$66.20+0.20%$31.98B11.014.82.8+5.2%
Venture Global$13.56+5.02%$31.52B10.18.71.9+47.6%
Sempra$79.36−2.00%$52.94B23.515.33.9−0.1%
ExxonMobil$161.14+1.54%$657.68B20.413.21.8+46.0%
NextDecade$6.84+1.00%$1.80B
Kinder Morgan$31.57+0.94%$69.63B20.021.33.9+10.8%
Median20.214.22.9+28.4%