Cheniere Energy Partners, L.P. (CQP) Stock Price & Analysis
Cheniere Energy Partners, L.P. (CQP) is trading at USD 65.74, up 1.14% today, as of October 29, 2026 at 14:54 UTC (US market open; quotes may be delayed), according to Nexqual market data.
CQP last closed at USD 65; today's session has ranged USD 65.34–66.29 on volume of 13,366 shares. Market capitalization is $31.82B, with a 52-week range of USD 49.76–71.25 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 14:55 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CQP.md
Latest Earnings Results (CQP)
Cheniere Energy Partners, L.P. (CQP) reported Q3 2026 results on Oct 29, 2026, 7:32:10 AM ET: GAAP EPS $1.01 vs. estimate $1.17 (miss), revenue $2.57B vs. estimate $2.57B (beat). Guidance: Tightening full year 2026 distribution guidance to $3.30 - $3.40 per common unit. Source: SEC 8-K filing. Nexqual published it 55 seconds after release. Read the SEC filing.
| Fiscal period | EPS (reported) | Revenue | Released | Source |
|---|---|---|---|---|
| Q3 2026 | $1.01 (GAAP diluted) | $2.57B | Oct 29, 2026, 7:32:10 AM ET · on Nexqual +55 seconds | SEC 8-K filing |
Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.
Key facts (CQP)
- Last four reported quarters (through Jun 30, 2026): revenue $11.5B, net income $3.14B (27.3% margin), free cash flow $2.79B (SEC filings).
- Valuation: P/E 10.1x, EV/EBITDA 10.0x, net debt $14.0B.
- Analysts: Sell (mean 3.86 on a 1–5 scale) (14 analysts), mean target USD 60.08 (range 51–67).
- Total return with dividends: 1Y +29.7% vs S&P 500 +13.0%; 5Y +109.0% vs S&P 500 +78.9%.
- Next earnings: 2026-10-29, EPS estimate USD 1.17, revenue estimate $2.57B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CQP)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.44B | $17.2B | $9.66B | $8.70B | $10.8B | $11.5B |
| Operating income | $2.56B | $3.38B | $5.04B | $3.28B | $3.71B | $3.87B |
| Net income | $1.63B | $2.50B | $4.25B | $2.51B | $2.99B | $3.14B |
| EPS (diluted) | $3.00 | — | — | — | — | — |
| Free cash flow | $1.64B | $3.70B | $2.89B | $2.81B | $2.57B | $2.79B |
| Operating margin | 27.1% | 19.6% | 52.1% | 37.7% | 34.4% | 33.6% |
| Net margin | 17.3% | 14.5% | 44.0% | 28.8% | 27.8% | 27.3% |
| Revenue growth | +53.0% | +82.4% | -43.8% | -9.9% | +23.6% | — |
| Cash + short-term investments | $876M | $904M | $575M | $270M | $182M | — |
| Total debt | $17.2B | $16.2B | $15.9B | $15.1B | $14.5B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CQP)
P/E 10.1x · P/S 2.8x · EV/EBITDA 10.0x · EV/Sales 4.0x · P/FCF 11.4x · FCF yield 8.75% · Earnings yield 9.87% · Net debt $14.0B · EV $45.8B
Analysts (CQP)
Consensus Sell (mean 3.86 on a 1–5 scale), 14 analysts; mean target USD 60.08 (low 51, high 67).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-04 | JP Morgan | Target raised | Underweight | $64 → $65 |
| 2026-08-24 | RBC Capital | Target raised | Sector Perform | $62 → $65 |
| 2026-08-07 | Barclays | Target raised | Underweight | $63 → $66 |
| 2026-07-24 | JP Morgan | Target raised | Underweight | $63 → $64 |
| 2026-07-15 | Barclays | Target raised | Underweight | $60 → $63 |
Total return (dividends reinvested) (CQP)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +29.7% | +109.0% |
| S&P 500 (SPY) | +13.0% | +78.9% |
| Per year | +29.8% | +15.8% |
| Volatility (annualized) | 29.7% | 32.0% |
| Max drawdown | -17.6% (Mar 2026→Jun 2026) | -28.1% (Nov 2022→Mar 2023) |
CQP earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $1.30 | $1.01 | Beat +28.7% | — |
| — | Quarter ended Mar 31, 2026 | $1.71 | $1.22 | Beat +40.2% | — |
| — | Quarter ended Dec 31, 2025 | $1.36 | $1.11 | Beat +22.5% | — |
| — | Quarter ended Sep 30, 2025 | $1.09 | $1.11 | Miss −1.8% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
CQP recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 29, 2026 | 8-K | Quarterly results |
| Oct 29, 2026 | 10-Q | Quarterly report · period ended Sep 30, 2026 |
| Oct 23, 2026 | 8-K | Other material event “On October 23, 2026, Cheniere Energy Partners, L.P. (the "Partnership") declared a quarterly cash distribution of $0.890 per common unit payable on November 13, 2026 to unitholders of record as of November 3, 2026. On October 23, 2026, the Partnership issued a press release announcing the distribution, a copy of which is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety. Information included on the Partnership's website is not incorporated…” |
| Sep 2, 2026 | S-4 | Registration for a merger |
| Aug 6, 2026 | 8-K | Quarterly results |
| Aug 6, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Jul 28, 2026 | 8-K | Other material event “On July 28, 2026, Cheniere Energy Partners, L.P. (the "Partnership") declared a quarterly cash distribution of $0.820 per common unit payable on August 14, 2026 to unitholders of record as of August 7, 2026. On July 28, 2026, the Partnership issued a press release announcing the distribution, a copy of which is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety. Information included on the Partnership's website is not incorporated herein by…” |
| Jul 14, 2026 | 8-K | Director or executive officer change, or pay arrangement “Michael Jennings and Zamir Rauf were each appointed to the Board of Directors (the "Board") of Cheniere Energy Partners GP, LLC, the general partner (the "General Partner") of Cheniere Energy Partners, L.P. (the "Partnership"), effective as of July 14, 2026. Mr. Jennings was appointed to the Conflicts Committee and the CMI SPA Committee, and Mr. Rauf was appointed to the Conflicts Committee, Audit Committee, and Executive Committee. Mr. Jennings and Mr. Rauf are each considered an independent director and satisfy…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
CQP suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Sabine Pass LNG | “We rely on our general partner to manage all aspects of the development, construction, operations, maintenance and management of the Sabine Pass LNG Terminal and to conduct our business.” |
| Partner | Cheniere Energy, Inc. (LNG) | “Cheniere Energy Partners, L.P.” |
| Partner | Brookfield Asset Management Ltd. (BAM) | “•Sale of limited partner units by affiliates of our general partner or affiliates of Blackstone Inc. ("Blackstone") or Brookfield Asset Management Inc. ("Brookfield")” |
| Partner | General | “Risks Relating to Our Relationship with Our General Partner” |
| Partner | Blackstone Inc. (BX) | “•Sale of limited partner units by affiliates of our general partner or affiliates of Blackstone Inc. ("Blackstone") or Brookfield Asset Management Inc. ("Brookfield")” |
| Partner | GP | “Cheniere Partners GP, as our general partner, manages our operations and activities.” |
| Partner | Delaware | “We are a publicly traded Delaware limited partnership formed by Cheniere.” |
| Partner | Dell Technologies (DELL) | “Dell'Amore, Hutton and Peak to the board of directors of our general partner were made pursuant to the rights of CQP Holdco LP (f/k/a Blackstone CQP Holdco LP) ("CQP Holdco") under the Third Amended and Restated Limited Liability Company Agreement of our general partner (the "GP LLC Agreement") to appoint certain directors to the board of directors of our general partner.” |
| Partner | Delaware Revised Uniform | “Under Section 17-607 of the Delaware Revised Uniform Limited Partnership Act, we may not make a distribution to our unitholders if the distribution would cause our liabilities to exceed the fair value of our assets.” |
| Partner | Third Amended and Restated | “Dell'Amore, Hutton and Peak to the board of directors of our general partner were made pursuant to the rights of CQP Holdco LP (f/k/a Blackstone CQP Holdco LP) ("CQP Holdco") under the Third Amended and Restated Limited Liability Company Agreement of our general partner (the "GP LLC Agreement") to appoint certain directors to the board of directors of our general partner.” |
Quoted from the company's 10-K filed Feb 26, 2026.
CQP company outlook (results filed Oct 29, 2026)
- “The term loan is being sized to finance approximately 50% of the total estimated project costs of the first phase.”
- “Closing and funding are subject to customary conditions, including the issuance of a positive FID with respect to the first phase of the SPL Expansion Project. • 2026 FULL YEAR DISTRIBUTION GUIDANCE 2026 Previous 2026 R”
Quoted word-for-word from the SEC 8-K results press release.
CQP analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.17 | $1.13 | +3.2% | $2.57B | 4 |
| Next quarter (ends Dec 2026) | $1.28 | $1.26 | +1.7% | $2.75B | 4 |
| Current fiscal year (ends Dec 2026) | $4.97 | $4.48 | +10.9% | $11.26B | 5 |
| Next fiscal year (ends Dec 2027) | $4.66 | $4.54 | +2.6% | $11.23B | 5 |
Key Statistics (as of October 29, 2026 at 14:55 UTC)
| Price | USD 65.74 |
|---|---|
| Change | ▲ 1.14% (up) |
| Previous Close | USD 65 |
| Open | USD 65.55 |
| Day Range | USD 65.34 – 66.29 |
| 52-Week Range | USD 49.76 – 71.25 |
| Volume | 13,366 shares |
| Market Cap | $31.82B |
| Exchange | NYQ |
Technical Analysis (CQP)
Nexqual's technical model rates CQP "STRONG BUY" based on 5 bullish and 0 bearish signals across 128 daily candles, as of October 29, 2026 at 14:55 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 55.26 (neutral) |
| vs SMA50 | Above (USD 65.62) |
| MACD | 0.24 (positive) |
Analyst Ratings (CQP)
Wall Street analysts rate CQP "Sell" based on 14 analysts, with a mean price target of USD 60.08 (range USD 51–67), per Nexqual as of October 29, 2026 at 14:55 UTC.
| Consensus Rating | Sell |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 60.08 |
| High Target | USD 67 |
| Low Target | USD 51 |
| Buy / Hold / Sell | 0 / 6 / 8 |
Earnings (CQP)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 1.17 |
| Revenue Estimate | $2.57B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.3 vs est 1.01 ▲ beat |
| 2026-03-31 | USD 1.71 vs est 1.22 ▲ beat |
| 2025-12-31 | USD 1.36 vs est 1.11 ▲ beat |
| 2025-09-30 | USD 1.09 vs est 1.11 ▼ miss |
Source: Nexqual, October 29, 2026 at 14:55 UTC.
Financials & Fundamentals (CQP)
| Total Revenue | $11.50B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +5.20% |
| Gross Margin | +40.64% |
| Operating Margin | +51.88% |
| Profit Margin | +27.31% |
| ROE | +1516.91% |
| Debt / Equity | 19.17 |
| Current Ratio | 1.22 |
| Total Cash | $443.00M |
| Total Debt | $14.46B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $2.79B (24.2% of revenue) |
Source: Nexqual, October 29, 2026 at 14:55 UTC.
Financial Health Score (CQP)
Nexqual rates Cheniere Energy Partners, L.P.'s overall financial health "Solid" across five dimensions, as of October 29, 2026 at 14:55 UTC.
| Growth | Strong — Revenue +24% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 41%, operating 34% (last 12 months) |
| Balance Sheet | Critical — $443M cash and investments vs $14.4B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $2.79B (last 4 quarters to Jun 2026, SEC), 24% margin |
| Efficiency | Strong — ROE not meaningful (equity is not reported); ROA 17.8% (last 4 quarters, SEC) |
Ownership (CQP)
| Insider Ownership | +49.57% |
|---|---|
| Institutional Ownership | +46.94% |
| Shares Outstanding | 484.06M |
| Float | 40.42M |
| Short % of Float | +1.36% |
Source: Nexqual, October 29, 2026 at 14:55 UTC.
Leadership (CQP)
Cheniere Energy Partners, L.P. is led by Jack A. Fusco, Chairman, President & CEO of Cheniere Energy Partners GP LLC, per Nexqual as of October 29, 2026 at 14:55 UTC.
| Chairman, President & CEO of Cheniere Energy Partners GP LLC | Jack A. Fusco |
|---|---|
| Executive VP, CFO & Director of Cheniere Energy Partners GP LLC | Zach Davis |
| Executive VP, Chief Commercial Officer & Director of Cheniere Energy Partners GP LLC | Anatol Feygin |
| Senior VP, Deputy General Counsel & Director-Cheniere Energy Partners GP, LLC | Taylor Johnson |
| Vice President of Investor Relations - Cheniere Energy Partners GP LLC | Randy Bhatia |
Major Backers & Investors (CQP)
Notable institutional backers of Cheniere Energy Partners, L.P. include Blackstone Inc, Brookfield Corp /ON/, ALPS ETF TRUST-ALERIAN MLP ETF, according to Nexqual as of October 29, 2026 at 14:55 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Blackstone Inc | 21.14% |
| Brookfield Corp /ON/ | 20.99% |
| ALPS ETF TRUST-ALERIAN MLP ETF | 1.99% |
| Alps Advisors Inc. | 1.88% |
| GLOBAL X FUNDS-Global X MLP ETF | 0.65% |
| Mirae Asset Global ETFs Holdings Ltd. | 0.59% |
| Energy Income Partners, LLC | 0.32% |
| First TRT Exch-Trd Fd. IV-First TRT North American Energy Infrastructu | 0.24% |
Source: Nexqual, October 29, 2026 at 14:55 UTC.
From Cheniere Energy Partners, L.P.'s Latest SEC 10-K Filing (filed 2026-02-26)
Partnerships
- Approximately 2 Bcf/d of the remaining capacity has been reserved under a TUA by SPL, which also has a partial TUA assignment agreement with TotalEnergies, as further described in Note 12—Revenues of our Notes to Consolidated Financial Statements.
- Cheniere also co-founded and sponsored the Energy Emissions Modeling and Data Lab ("EEMDL"), a multidisciplinary research and education initiative led by the University of Texas at Austin in collaboration with Colorado State University and the Colorado School of Mines.
Legal & Regulatory Risks (Item 1A, quoted)
- Risks Relating to Regulations
- Our Creole Trail Pipeline and its FERC gas tariff are subject to FERC regulation. If we fail to comply with such regulation, we could be subject to substantial penalties and fines.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PBA | Pembina Pipeline Corp. | USD 50.8 | ▲ 1.48% |
| VG | Venture Global, Inc. | USD 14.79 | ▲ 3.03% |
| PAA | Plains All American Pipeline, L | USD 26.88 | ▲ 1.03% |
| WES | Western Midstream Partners, LP | USD 45.56 | ▲ 1.18% |
| MPLX | MPLX LP | USD 59.98 | ▲ 1.78% |
| VNOM | Viper Energy, Inc. | USD 46.67 | ▲ 0.45% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 14:55 UTC. This page is informational and not investment advice.
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