earnings
confidence high
sentiment neutral
materiality 0.70
Cheniere Energy Partners Q1 revenue $2.3B, net income $682M; reaffirms distribution guidance
Cheniere Energy Partners, L.P.
- Q1 revenues $2.3B (-21% YoY); net income $682M (-65% YoY); Adjusted EBITDA $1.0B (-3% YoY).
- Declared Q1 distribution of $0.810/unit ($0.775 base + $0.035 variable); payable May 15, 2024.
- Reaffirmed full-year 2024 distribution guidance of $3.15-$3.35 per common unit (base $3.10).
- LNG exports totaled 114 cargoes (+2% YoY) and 418 TBtu (+4% YoY) in Q1 2024.
- Submitted SPL Expansion Project applications to FERC and DOE in February 2024.