earnings
confidence high
sentiment neutral
materiality 0.75
Cheniere Partners Q2 net income $553M, revenue $2.5B; reaffirms FY25 distribution guidance $3.25-$3.35
Cheniere Energy Partners, L.P.
- Revenues $2.5B (+30% YoY), net income $553M (-3% YoY), Adjusted EBITDA $726M (-13% YoY) due to planned maintenance.
- Reconfirming 2025 distribution guidance of $3.25-$3.35 per common unit; Q2 distribution $0.820 per unit.
- Updated SPL Expansion Project FERC application to two-phased, three liquefaction trains, ~20 mtpa capacity.
- Issued $1.0B 5.550% Senior Notes due 2035; proceeds used to redeem $1.0B 5.875% notes.
- Loaded 351 TBtu in Q2 vs 372 TBtu in Q2 2024; 3,000th LNG cargo milestone.