Companies /Energy

Cheniere Energy Partners LP

NYSE MKT: CQP Oil & Gas Midstream
$64.51
▼ $2.10 (−3.15%) today
Markets closed · 9:36pm ET

24/7 Wall St. View

CQP at a Glance

Valuation
Market cap
$32.2B
P/E ratio
11.7
Dividend yield
1.24%
Profitability
Revenue (TTM)
$11.7B
Profit margin
28.1%
EPS (TTM)
$5.72
Price
52-week range
$48 – $71
24/7 target
$74.07
Street target
$60.08
Earnings
Q3 2026 EPS
$1.01
vs. $1.17 est.
−13.3%

Headquartered in Houston, TX Fiscal year ends December NYSE MKT: CQP cqpir.cheniere.com

About Cheniere Energy Partners

Cheniere Energy Partners, L.P. (NYSE: CQP) is a master limited partnership that owns the Sabine Pass LNG terminal in Cameron Parish, Louisiana.

**Liquefaction:** The terminal has six natural gas liquefaction trains with total production capacity of over 30 mtpa of LNG, inclusive of debottlenecking. As of October 2026, it had produced and exported about 3,560 cumulative cargoes totaling over 245 million tonnes.

**Regasification and pipeline:** The terminal also has regasification facilities, including five LNG storage tanks, vaporizers and three marine berths. The partnership owns the Creole Trail Pipeline, which connects the terminal to several large interstate and intrastate pipelines.

**Revenue model:** Revenue comes mainly from LNG sales to third parties and to affiliates, much of it under long-term sale and purchase agreements, plus regasification revenues. The partnership pays quarterly distributions made up of a base amount and a variable amount.

**Growth:** It is developing the SPL Expansion Project, with up to about 20 mtpa of additional capacity. The first phase covers Train 7 and a boil-off gas re-liquefaction unit, with Bechtel as EPC contractor. Phase one is backed by new long-term commercial agreements, including a 2054 SPA with QatarEnergy. Committed term-loan financing is in place, pending FID.

Cheniere Energy, Inc. (NYSE: LNG) is the partnership's affiliate and sponsor. Updated

Revenue by Segment · Q3 2026
  1. LNG revenues76%
  2. LNG revenues—affiliate22%

Latest Activity

CQPCheniere Energy Partners
Q3 2026
EPS
$1.01
est $1.17-13.3%
Revenue
$2.57B
est $2.57B+0.2%

Management lifted the floor on full-year 2026 distribution guidance to $3.30 per unit from $3.10, so income investors are being paid more to wait. GAAP earnings per unit missed expectations, with a $0.89 payout hitting November 13.

Quarterly EPS — reported vs estimate

CQP Coverage

Frequently Asked Questions

What does Cheniere Energy Partners do?

Cheniere Energy Partners, L.P. (NYSE: CQP) is a master limited partnership that owns the Sabine Pass LNG terminal in Cameron Parish, Louisiana. **Liquefaction:** The terminal has six natural gas liquefaction trains with total production capacity of over 30 mtpa of LNG, inclusive of debottlenecking.

What is the CQP stock price target?

24/7 Wall St.'s 12-month price target for CQP is $74.07, rated Buy. The Wall Street consensus target is $60.08. CQP price prediction →