Cheniere Energy Partners, L.P. reported revenues of $2.5 billion and net income of $553 million for the second quarter of 2025, with Adjusted EBITDA of $0.7 billion. The company declared a cash distribution of $0.820 per common unit for unitholders, reaffirming its full-year distribution guidance of $3.25 to $3.35 per common unit. The decrease in net income and Adjusted EBITDA compared to the prior year was primarily due to planned maintenance activities, which resulted in higher operating expenses and lower volumes recognized in income.
In addition to its financial results, Cheniere Partners announced updates on its SPL Expansion Project, which aims to enhance liquefaction capacity by up to 20 million tonnes per annum. The company also reported the issuance of $1 billion in Senior Notes, which were used to redeem existing debt. As of August 1, 2025, Cheniere Partners had exported approximately 210 million tonnes of LNG since starting operations at the Sabine Pass LNG terminal in 2016.
linkAug 07, 2025 07:33:54
Cheniere Energy Partners, L.P. has declared a quarterly cash distribution of $0.820 per common unit, which will be payable on August 14, 2025, to unitholders of record as of August 8, 2025. This distribution consists of a base amount of $0.775 and a variable amount of $0.045. The announcement was made on July 29, 2025, and details regarding the distribution were provided in a press release issued by the Partnership.
The Partnership owns the Sabine Pass LNG terminal in Louisiana, which has a liquefaction capacity of approximately 30 million tonnes per annum and includes regasification facilities. It also operates the Creole Trail Pipeline, connecting the terminal with various interstate and intrastate pipelines. It is important to note that distributions to foreign investors are subject to U.S. income tax withholding at the highest applicable rate due to the nature of the income being effectively connected with a U.S. trade or business.
linkJul 29, 2025 16:10:10
Cheniere Energy Partners, L.P. has successfully completed the sale of $1.0 billion in 5.550% Senior Notes due in 2035. The notes, which are senior unsecured obligations, will accrue interest at 5.550% per annum, payable semi-annually starting April 30, 2026. They rank equally with the company's other unsubordinated debt and are guaranteed by its subsidiaries. The notes can be redeemed under specific conditions before their maturity date, with customary covenants limiting certain corporate actions.
Additionally, Cheniere Partners has entered into a Registration Rights Agreement with the initial purchasers, committing to file a registration statement with the SEC to allow for the exchange of the notes for registered securities. If the company fails to meet registration obligations within the specified time frame, it will incur additional interest obligations. This arrangement is intended to enhance liquidity for investors holding the notes.
linkJul 10, 2025 16:29:07
Cheniere Energy Partners, L.P. has announced its intention to offer Senior Notes due 2035, referred to as the CQP 2035 Notes. The proceeds from this offering are planned to be contributed to its subsidiary, Sabine Pass Liquefaction, LLC, for the purpose of redeeming a portion of its outstanding senior secured notes due 2026. The CQP 2035 Notes will have the same rank in terms of payment priority as existing senior notes with various due dates from 2029 to 2034.
The offering of the CQP 2035 Notes has not been registered under the Securities Act of 1933, meaning they may not be sold in the U.S. without proper registration or an exemption. This announcement does not serve as an offer to buy or sell the SPL 2026 Notes or as a notice of redemption. Investors should be aware that the offering is subject to market and other conditions.
linkJun 26, 2025 07:04:24
Cheniere Energy Partners, L.P. announced its financial results for the first quarter of 2025, reporting revenues of $3.0 billion and a net income of $641 million. The company declared a cash distribution of $0.820 per common unit for unitholders of record as of May 9, 2025, which includes a base amount of $0.775 and a variable amount of $0.045. The distribution will be paid on May 15, 2025, and the company reaffirmed its full-year distribution guidance of $3.25 to $3.35 per common unit, with a base distribution of $3.10 per common unit for 2025.
For the first quarter of 2025, Cheniere Partners experienced a 30% increase in revenues compared to the same period in 2024. Adjusted EBITDA rose by 4% to $1.0 billion, attributed to higher margins per MMBtu of liquefied natural gas delivered. However, net income saw a decrease of about 6% from the prior year, primarily due to unfavorable variances related to changes in the fair value of derivative instruments. As of March 31, 2025, the company reported total available liquidity of approximately $2.0 billion.
linkMay 08, 2025 07:32:02
Cheniere Energy Partners, L.P. has announced a cash distribution of $0.820 per common unit for its unitholders, which includes a base amount of $0.775 and a variable amount of $0.045. This distribution is set for unitholders of record as of May 9, 2025, and will be payable on May 15, 2025. Additionally, the press release provides information regarding tax implications for foreign investors, noting that all distributions to foreign persons are subject to U.S. withholding tax at the highest applicable rate.
Cheniere Partners operates the Sabine Pass LNG terminal in Louisiana, which has a significant liquefaction capacity and regasification facilities. The company also owns the Creole Trail Pipeline, connecting the terminal with various interstate and intrastate pipelines. Investors are encouraged to refer to the company's website and annual report for further details on its operations and financial performance.
linkApr 29, 2025 16:10:16
Cheniere Energy Partners, L.P. reported a revenue of $2.5 billion for the fourth quarter of 2024 and $8.7 billion for the full year, reflecting a decrease of 8% and 10% respectively compared to the previous year. The net income also saw a significant decline, dropping 31% in the fourth quarter to $623 million and 41% for the full year to $2.5 billion. Despite these declines, the company declared a cash distribution of $0.820 per common unit for the fourth quarter, maintaining a base distribution of $3.10 per unit for 2025 and indicating a stable cash return to unitholders.
On the negative side, the financial results were impacted by unfavorable variances related to changes in the fair value of derivative instruments, which accounted for a substantial portion of the income decrease. Adjusted EBITDA fell by 15% in the fourth quarter and 1% for the full year, attributed mainly to lower gross margins on liquefied natural gas deliveries. The company also reported a slight decrease in LNG exported volumes for the fourth quarter, with a total of 110 cargoes compared to 115 in the previous year.
linkFeb 20, 2025 07:31:23
Cheniere Energy Partners, L.P. has announced a cash distribution of $0.820 per common unit, which includes a base amount of $0.775 and a variable amount of $0.045. This distribution is set to be paid on February 14, 2025, to unitholders of record as of February 10, 2025. The announcement highlights Cheniere Partners' ongoing commitment to returning value to its unitholders through these distributions.
On the downside, the press release notes that all distributions to foreign investors will be subject to US federal income tax withholding at the highest applicable rate, as they are considered to be connected with a US trade or business. This may impact the net amount received by foreign unitholders, as 100 percent of the distributions are subject to withholding, which could deter some international investors from participating in the partnership.
linkJan 29, 2025 16:06:10
Cheniere Energy Partners, L.P. reported revenues of $2.1 billion for the third quarter of 2024, marking a 3% decrease from the same period in 2023. The company generated a net income of $635 million, which represents a 20% decline compared to the previous year, largely due to unfavorable changes in the fair value of derivative instruments. However, Adjusted EBITDA increased by 7% to $852 million, driven by higher volumes delivered despite lower gross margins per unit of liquefied natural gas (LNG) sold.
The company declared a cash distribution of $0.810 per common unit for unitholders, which includes a base amount and a variable component. Cheniere Partners reconfirmed its full-year distribution guidance of $3.15 to $3.35 per unit, maintaining a base distribution of $3.10. Additionally, the total available liquidity as of September 30, 2024, was approximately $2.2 billion, indicating solid financial resources despite the decline in net income.
linkOct 31, 2024 07:32:10
Cheniere Energy Partners, L.P. has announced a quarterly cash distribution of $0.810 per common unit for its unitholders, which includes a base amount of $0.775 and a variable amount of $0.035. This distribution will be paid on November 14, 2024, to those who are on record by November 4, 2024. The announcement reflects the company's ongoing financial stability and commitment to returning value to its investors, showcasing a positive outlook for its operations.
However, it is important to note that all distributions paid to foreign investors will be subject to U.S. income tax withholding at the highest applicable rate. This could impact foreign investors' net returns. The press release also emphasizes the requirement for nominees to act as withholding agents for these distributions, indicating additional administrative responsibilities for foreign investors and potentially complicating their investment experience.
linkOct 25, 2024 08:33:52