earnings
confidence high
sentiment neutral
materiality 0.75
Cheniere Partners Q2 revenue down 54% to $1.9B; net income up 82% to $622M
Cheniere Energy Partners, L.P.
- Q2 revenue $1.9B (-54% YoY); net income $622M (+82%); Adj. EBITDA $757M (-23%).
- Declared Q2 distribution of $1.03/unit (base $0.775 + variable $0.255), payable Aug 14.
- Reconfirmed 2023 distribution guidance of $4.00-$4.25 per common unit.
- Issued $1.4B 5.95% Senior Notes due 2033; redeemed a portion of 2024 SPL notes.
- SPL Expansion Project: entered FERC pre-filing process and executed FEED contract with Bechtel.