earnings
confidence high
sentiment neutral
materiality 0.55
Cheniere Partners Q3 net income $506M (-20% YoY) despite 17% revenue growth; distribution guidance reaffirmed
Cheniere Energy Partners, L.P.
- Revenue $2.4B (+17% YoY); net income $506M (-20% YoY) on unfavorable derivative mark-to-market.
- Q3 distribution of $0.830/unit (base $0.775 + variable $0.055) payable Nov 14 to record Nov 7.
- Full-year 2025 distribution guidance reaffirmed at $3.25-$3.35/unit; base $3.10/unit.
- LNG cargoes flat at 104; volumes 374 TBtu (-1% YoY). Sabine Pass loaded 3,000th cargo in July.
- Adjusted EBITDA $885M (+4% YoY) driven by lower opex and higher margins per MMBtu.