earnings
confidence high
sentiment negative
materiality 0.75
Cheniere Partners Q4 revenue down 43% to $2.7B; introduces 2024 distribution guidance of $3.15-$3.35/unit
Cheniere Energy Partners, L.P.
- Q4 revenue $2.686B (-43% YoY); net income $906M (-64% YoY); Adjusted EBITDA $1.05B (-34% YoY).
- Full year revenue $9.664B (-44% YoY); net income $4.254B (+70% YoY); Adjusted EBITDA $3.626B (-28% YoY).
- Declared Q4 distribution $1.035/unit ($0.775 base + $0.260 variable); 2024 guidance $3.15-$3.35/unit (base $3.10).
- Entered IPM gas supply agreement with ARC Resources for 140,000 MMBtu/day for ~15 years, subject to FID on Train 7.
- Listing moved from NYSE American to NYSE on Feb 5, 2024; symbol CQP unchanged.