CQP - Cheniere Energy Partners Stock

Market Summary

USD54.07+0.26

Delayedas of 03 Oct 2023, 01:20 pm

0.48%

CQP Alerts

Big fall in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

CQP Stock Price

CQP RSI Chart

CQP Valuation

CQP Price/Sales (Trailing)

CQP Profitability

Return on Assets

22.71%

CQP Fundamentals

CQP Revenue

Revenue (TTM)

14.5B

Revenue Y/Y

-53.77%

Revenue Q/Q

-33.73%

CQP Earnings

Earnings (TTM)

4.6B

Earnings Y/Y

81.87%

Earnings Q/Q

-67.86%

Price Action

52 Week Range

42.9260.87

(Low)(High)

Last 7 days

-5.6%

Last 30 days

0.1%

Last 90 days

15.4%

Trailing 12 Months

4.7%

CQP Financial Health

Current Ratio

1.43

CQP Investor Care

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for CQP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-09-07	Richard Oliver G III	back to issuer	-79,890	53.26	-1,500	-
2023-09-07	Ball James Robert	back to issuer	-79,890	53.26	-1,500	-
2023-09-07	Richard Oliver G III	acquired	-	-	3,000	-
2023-09-07	Ball James Robert	acquired	-	-	2,250	-
2023-05-29	MCCAIN ELLIS L	acquired	-	-	3,000	-
2023-05-29	MCCAIN ELLIS L	back to issuer	-33,682	44.91	-750	-
2023-05-25	Grindal Corey	sold	-351,304	45.9281	-7,649	evp & chief operating officer
2023-04-03	CQP ROCKIES PLATFORM LLC	bought	416,296	47.4574	8,772	-
2023-04-03	CQP ROCKIES PLATFORM LLC	acquired	-	-	8,772	-
2023-04-03	Blackstone Holdings III L.P.	acquired	-	-	8,772	-

Which funds bought or sold CQP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-09-26	BROOKFIELD Corp /ON/	unchanged	-	-119,912,000	4,688,760,000	18.50%
2023-09-20	BARCLAYS PLC	reduced	-49.03	-6,840,000	6,758,000	-%
2023-08-23	Stonebridge Capital Advisors LLC	unchanged	-	-2,950	115,350	0.01%
2023-08-21	VitalStone Financial, LLC	unchanged	-	2,000	20,000	0.01%
2023-08-21	OSAIC HOLDINGS, INC.	added	1.11	-19,681	1,397,610	-%
2023-08-16	CASTLEARK MANAGEMENT LLC	reduced	-24.55	-433,047	1,205,360	0.06%
2023-08-16	MONTCHANIN ASSET MANAGEMENT, LLC	unchanged	-	-23,000	871,000	0.99%
2023-08-16	Sunbelt Securities, Inc.	added	0.35	-3,643	144,701	0.02%
2023-08-15	HARBOUR INVESTMENTS, INC.	sold off	-100	-473	-	-%
2023-08-15	WELLS FARGO & COMPANY/MN	added	4.1	91,061	6,130,700	-%

Latest Funds Activity

Are funds buying CQP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CQP

No. of Funds

Schedule 13G FIlings of Cheniere Energy Partners

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Sep 30, 2020	brookfield asset management inc.	42.0%	203,240,752	SC 13D
Sep 28, 2020	blackstone holdings iii l.p.	0.5%	2,250,419	SC 13D/A
Aug 24, 2020	blackstone holdings iii l.p.	0.5%	2,250,419	SC 13D/A
Aug 19, 2020	cheniere energy, inc.	49.56%	239,872,500	SC 13D/A
Jul 31, 2020	cheniere energy, inc.	49.56%	239,872,500	SC 13D/A

Recent SEC filings of Cheniere Energy Partners

View All Filings

Date Filed	Form Type	Document
Sep 11, 2023	4	Insider Trading
Sep 11, 2023	4	Insider Trading
Aug 07, 2023	144	Notice of Insider Sale Intent
Aug 03, 2023	8-K	Current Report
Aug 03, 2023	10-Q	Quarterly Report
Jul 28, 2023	8-K	Current Report
Jun 29, 2023	3	Insider Trading
Jun 28, 2023	8-K	Current Report
Jun 26, 2023	8-K	Current Report

Peers (Alternatives to Cheniere Energy Partners)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CQP	-	14.5B	0.11%	4.70%	-	-	11.12%	227.86%
ET	40.6B	80.8B	1.17%	30.67%	8.97	1.48	-1.23%	0.82%
WMB	40.1B	11.5B	-5.07%	15.02%	15.1	3.48	7.16%	69.50%
KMI	36.0B	17.1B	-5.72%	-1.36%	14.34	2.1	-3.10%	3.16%
OKE	27.7B	19.2B	-5.64%	22.63%	11.38	1.44	-10.28%	54.38%
MID-CAP
NFE	6.4B	2.4B	-2.22%	-28.51%	16.15	2.65	18.38%	86.75%
ENLC	4.7B	8.0B	-5.90%	35.86%	12.19	0.52	-9.16%	99.38%
ETRN	4.0B	1.4B	-6.22%	31.69%	-14.91	2.88	9.71%	80.43%
DKL	2.0B	1.1B	-6.90%	-15.14%	13.01	1.9	42.53%	-0.22%
DCP	-	11.9B	0.51%	28.75%	-	-	-14.57%	7.44%
SMALL-CAP
NS	1.9B	308.0M	2.02%	30.53%	8.53	8.41	145.69%	7305.10%
SMLP	-	384.8M	-0.87%	-9.12%	-	-	-2.94%	38.53%
VTNR	405.6M	3.1B	-2.47%	-30.18%	10.37	0.13	156.21%	157.73%

Cheniere Energy Partners News

Returns for CQP

Cumulative Returns on CQP

13.9%

10-Year Cumulative Returns

16.0%

7-Year Cumulative Returns

12.9%

5-Year Cumulative Returns

23.3%

3-Year Cumulative Returns

Risks for CQP

What is the probability of a big loss on CQP?

47.7%

Probability that Cheniere Energy Partners stock will be more than 20% underwater in next one year

19.6%

Probability that Cheniere Energy Partners stock will be more than 30% underwater in next one year.

18.1%

Probability that Cheniere Energy Partners stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CQP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Cheniere Energy Partners was unfortunately bought at previous high price.

Drawdowns

Financials for Cheniere Energy Partners

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	-13.4%	14,547	16,795	17,206	15,743	13,091	10,799	9,434	8,173	6,831	6,412	6,167	6,078	6,572	6,807	6,838	6,827	6,880	6,582	6,426	6,047	5,421
Operating Expenses	8.0%	917	849	757	776	735	656	635	631	629	626	629	623	649	646	632	-2,193	-1,328	-538	409	4,052	3,721
S&GA Expenses	20.7%	35.00	29.00	5.00	29.00	28.00	10.00	9.00	9.00	9.00	14.00	14.00	14.00	15.00	10.00	11.00	11.00	11.00	10.00	11.00	11.00	13.00
R&D Expenses	-	-	-	-	-	-	-	1.00	1.00	1.00	-	-	-	-	-	-	-	1.00	-	2.00	4.00	4.00
Interest Expenses	-1.0%	866	875	870	836	824	817	831	854	865	892	909	928	938	932	885	829	781	735	733	729	699
Net Income	6.6%	4,554	4,274	2,498	494	1,389	1,442	1,630	1,532	1,084	1,095	1,183	1,222	1,399	1,225	1,175	1,078	1,275	1,324	1,274	1,297	1,013
Net Income Margin	-100.0%	-	0.25*	0.15*	0.03*	0.11*	0.13*	0.17*	0.19*	0.16*	0.17*	0.19*	0.20*	0.21*	0.18*	0.17*	0.16*	0.19*	0.20*	-	-	-
Free Cashflow	-100.0%	-	3,743	3,698	2,557	2,231	1,914	1,643	1,413	1,245	1,003	779	933	454	373	216	205	665	994	-	-	-

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	3.9%	19,557	18,817	19,633	20,500	20,130	19,658	19,358	19,929	19,123	19,153	19,145	19,030	19,057	19,233	19,384	19,221	18,973	18,005	17,974	17,536	17,542
Current Assets	44.5%	2,793	1,933	2,620	3,373	2,960	2,434	2,212	2,815	2,045	2,120	2,135	2,061	2,163	2,448	2,707	2,589	2,435	2,090	2,356	2,035	2,062
Cash Equivalents	119.9%	1,834	834	904	988	1,189	1,292	974	1,846	1,304	1,342	1,307	1,411	1,508	1,843	1,962	1,892	1,612	1,297	1,541	1,541	1,521
Inventory	-13.3%	130	150	160	241	170	149	176	134	116	103	107	113	101	98.00	116	103	104	109	99.00	88.00	87.00
Net PPE	-0.7%	16,463	16,587	16,725	16,827	16,861	16,915	16,830	16,820	16,789	16,734	16,723	16,666	16,584	16,476	16,368	16,338	16,232	15,615	15,390	15,282	15,207
Current Liabilities	117.5%	2,932	1,348	2,421	4,583	3,779	1,600	1,345	2,055	1,506	1,739	883	842	493	2,715	966	918	1,330	928	1,068	694	730
LT Debt, Non Current	-3.4%	15,595	16,145	16,198	15,699	15,693	17,184	17,177	17,171	16,935	16,732	17,580	17,573	17,566	15,591	17,579	17,571	16,720	16,073	16,066	16,059	16,046
Shares Outstanding	-	-	-	-	-	-	484	484	484	484	484	399	371	349	349	349	349	349	349	349	349	349

Cashflow (Last 12 Months)
(In Millions)

Cashflow (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	-2.3%	4,101	4,196	4,149	3,066	2,802	2,503	2,291	2,085	1,952	1,804	1,751	1,903	1,781	1,738	1,547	1,587	1,709	1,887	1,874	1,728	1,458
Cashflow From Investing	19.9%	-367	-458	-451	-509	-571	-589	-648	-672	-707	-801	-972	-970	-1,327	-1,365	-1,332	-1,383	-1,045	-894	-804	-673	-737
Cashflow From Financing	29.4%	-2,848	-4,036	-3,676	-3,220	-2,346	-1,964	-1,976	-978	-1,449	-1,504	-1,434	-1,414	-558	173	206	231	-573	-1,173	-1,118	-1,041	-763

CQP Income Statement

2023-06-30

Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2023

Jun. 30, 2022

Revenues

Revenues

$ 1,933

$ 4,181

$ 4,850

$ 7,509

Operating costs and expenses (recoveries)

Cost of sales

604

3,202

934

5,769

Operating and maintenance expense

315

247

581

467

General and administrative expense (recovery)

27

21

52

47

Depreciation and amortization expense

167

156

334

309

Other

2

0

2

0

Total operating costs and expenses

1,115

3,626

1,903

6,592

Income from operations

818

555

2,947

917

Other income (expense)

Interest expense, net of capitalized interest

(207)

(216)

(415)

(419)

Loss on modification or extinguishment of debt

(2)

0

(2)

0

Other income, net

13

3

27

3

Total other expense

(196)

(213)

(390)

(416)

Net income

$ 622

$ 342

$ 2,557

$ 501

Basic and diluted net income (loss) per common unit

^[1]

$ 0.84

$ 0.25

$ 4.35

$ 0.13

Weighted average basic and diluted number of common units outstanding

484.0

Nonrelated Party [Member]

Operating costs and expenses (recoveries)

Cost of sales

$ 603

$ 3,144

$ 916

$ 5,706

Operating and maintenance expense

263

191

469

361

General and administrative expense (recovery)

3

(3)

6

0

Affiliate [Member]

Operating costs and expenses (recoveries)

Cost of sales

1

57

18

62

Operating and maintenance expense

38

41

82

79

General and administrative expense (recovery)

24

46

47

Related Party [Member]

Operating costs and expenses (recoveries)

Cost of sales

0

1

0

1

Operating and maintenance expense

14

15

30

27

LNG [Member]

Revenues

Revenues

1,884

4,098

4,751

7,343

LNG [Member] | Nonrelated Party [Member]

Revenues

Revenues

1,415

2,959

3,521

5,447

LNG [Member] | Affiliate [Member]

Revenues

Revenues

469

1,135

1,230

1,892

LNG [Member] | Related Party [Member]

Revenues

Revenues

0

4

0

4

Regasification [Member]

Revenues

Revenues

33

68

67

136

Other [Member]

Revenues

Revenues

$ 16

$ 15

$ 32

$ 30

[1]	In computing basic and diluted net income per common unit, net income is reduced by the amount of undistributed net income allocated to participating securities other than common units, as required under the two-class method. See Note 12—Net Income per Common Unit.

CQP Balance Sheet

2023-06-30

Consolidated Balance Sheets - USD ($)
$ in Millions

Jun. 30, 2023

Dec. 31, 2022

Current assets

Cash and cash equivalents

$ 1,834

$ 904

Restricted cash and cash equivalents

241

92

Trade and other receivables, net of current expected credit losses

189

627

Trade receivables—affiliate

134

551

Advances to affiliate

154

177

Inventory

130

160

Current derivative assets

^[1]

32

24

Margin deposits

3

35

Other current assets

76

50

Total current assets

2,793

2,620

Property, Plant and Equipment, Net

16,463

16,725

Operating lease assets

85

89

Debt issuance costs, net of accumulated amortization

18

8

Derivative assets

^[1]

29

28

Other non-current assets, net

169

163

Total assets

19,557

19,633

Current liabilities

Accounts payable

60

32

Accrued liabilities

599

1,458

Current debt, net of discount and debt issuance costs

1,796

0

Deferred revenue

97

147

Current operating lease liabilities

10

Current derivative liabilities

^[1]

366

769

Other current liabilities

4

5

Total current liabilities

2,932

2,421

Long-term debt, net of premium, discount and debt issuance costs

15,595

16,198

Operating lease liabilities

75

80

Finance lease liabilities

16

18

Derivative liabilities

^[1]

1,936

3,024

Other non-current liabilities

49

23

Partners’ deficit

Common unitholders’ interest (484.0 million units issued and outstanding at both June 30, 2023 and December 31, 2022)

372

(1,118)

General partner’s interest (2% interest with 9.9 million units issued and outstanding at both June 30, 2023 and December 31, 2022)

(1,418)

(1,013)

Total partners’ deficit

(1,046)

(2,131)

Total liabilities and partners’ deficit

$ 19,557

$ 19,633

Accounts Receivable, after Allowance for Credit Loss, Current, Related and Nonrelated Party Status [Extensible Enumeration]

Affiliate [Member]

Other Receivable, after Allowance for Credit Loss, Current, Related and Nonrelated Party Status [Extensible Enumeration]

Affiliate [Member]

Nonrelated Party [Member]

Current assets

Other current assets

$ 75

$ 50

Current liabilities

Accrued liabilities

556

1,378

Deferred revenue

97

144

Other non-current liabilities

26

0

Affiliate [Member]

Current assets

Other current assets

1

0

Current liabilities

Accrued liabilities

38

74

Deferred revenue

0

3

Other non-current liabilities

23

Related Party [Member]

Current liabilities

Accrued liabilities

$ 5

$ 6

[1]	Does not include collateral posted with counterparties by us of $3 million and $35 million as of June 30, 2023 and December 31, 2022, respectively, which are included in margin deposits on our Consolidated Balance Sheets.

Cheniere Energy Partners LP Stock Research

Market Summary

CQP Alerts

CQP Stock Price

CQP RSI Chart

CQP Valuation

CQP Price/Sales (Trailing)

CQP Profitability

CQP Fundamentals

CQP Revenue

CQP Earnings

Price Action

52 Week Range

CQP Financial Health

CQP Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for CQP

Which funds bought or sold CQP recently?

Latest Funds Activity

CQP Alerts

Schedule 13G FIlings of Cheniere Energy Partners

Recent SEC filings of Cheniere Energy Partners

Peers (Alternatives to Cheniere Energy Partners)

Cheniere Energy Partners News

Returns for CQP

Cumulative Returns on CQP

Risks for CQP

What is the probability of a big loss on CQP?

How does CQP drawdown profile look like?

Financials for Cheniere Energy Partners

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)

CQP Income Statement

CQP Balance Sheet

About Cheniere Energy Partners

Market Summary

CQP Alerts

CQP Stock Price

CQP RSI Chart

CQP Valuation

CQP Price/Sales (Trailing)

CQP Profitability

CQP Fundamentals

CQP Revenue

CQP Earnings

Price Action

52 Week Range

CQP Financial Health

CQP Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for CQP

Which funds bought or sold CQP recently?

Latest Funds Activity

CQP Alerts

Schedule 13G FIlings of Cheniere Energy Partners

Recent SEC filings of Cheniere Energy Partners

Peers (Alternatives to Cheniere Energy Partners)

Cheniere Energy Partners News

Returns for CQP

Cumulative Returns on CQP

Risks for CQP

What is the probability of a big loss on CQP?

How does CQP drawdown profile look like?

Financials for Cheniere Energy Partners

Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Balance Sheet(In Millions)

Cashflow (Last 12 Months)(In Millions)

CQP Income Statement

CQP Balance Sheet

About Cheniere Energy Partners

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)