Logotype for Cheniere Energy Partners L.P.

Cheniere Energy Partners (CQP) investor relations material

Cheniere Energy Partners Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Cheniere Energy Partners L.P.
Q2 2025 earnings summary7 Aug, 2025

Executive summary

  • Q2 2025 revenues rose to $2.5 billion, up 30% year-over-year, driven by higher LNG pricing despite lower production volumes due to planned maintenance.

  • Net income for Q2 2025 was $553 million, down $17 million from Q2 2024, mainly due to increased operating and maintenance expenses and lower production volumes.

  • Adjusted EBITDA for Q2 2025 was $726 million, down from $832 million in Q2 2024.

  • 3,030 cumulative LNG cargoes totaling 210 million tonnes have been produced and exported as of August 1, 2025.

  • Distributions of $0.820 per common unit were declared for Q2 2025, with a total of $1.64 per unit for the first half of 2025.

Financial highlights

  • Q2 2025 revenues: $2.46–$2.5 billion (Q2 2024: $1.89 billion); H1 2025 revenues: $5.4–$5.44 billion (H1 2024: $4.19 billion).

  • Q2 2025 net income: $553 million (Q2 2024: $570 million); H1 2025 net income: $1.19–$1.2 billion (H1 2024: $1.25 billion).

  • Basic and diluted EPS per common unit: $0.91 for Q2 2025, $1.99 for H1 2025 (Q2 2024: $0.95, H1 2024: $2.13).

  • Operating cash flow for H1 2025 was $1.22 billion, down from $1.40 billion in H1 2024.

  • Q2 2025 Adjusted EBITDA: $726 million (Q2 2024: $832 million); H1 2025 Adjusted EBITDA: $1.8 billion.

Outlook and guidance

  • Full-year 2025 distribution guidance reaffirmed at $3.25–$3.35 per common unit, with a base distribution of $3.10 per unit.

  • The company is developing an expansion project at Sabine Pass with up to 20 mtpa of additional LNG capacity, targeting FID in 2026/2027, pending regulatory and commercial milestones.

  • Approximately 90% of anticipated production through the mid-2030s is contracted under long-term agreements, supporting stable cash flows.

  • Management expects to meet cash requirements through operating cash flows and $1.93 billion in available liquidity as of June 30, 2025.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Cheniere Energy Partners earnings date

Logotype for Cheniere Energy Partners L.P.
Q3 202530 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Cheniere Energy Partners earnings date

Logotype for Cheniere Energy Partners L.P.
Q3 202530 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Cheniere Energy Partners, L.P. (CQP) is a publicly traded Delaware limited partnership formed by Cheniere Energy, Inc., specializing in providing liquefied natural gas (LNG) to a global clientele that includes integrated energy companies, utilities, and energy trading companies. The company's primary operations involve the ownership and operation of the Sabine Pass LNG terminal in Cameron Parish, Louisiana. The company is headquartered in Houston, Texas, and its shares are listed on the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage