Company Analysis

Cheniere Energy Partners, LP (CQP)

NYSE: CQP · Natural Gas Distribution · Houston, TX · filing with the SEC since 2006
Grade4.4
◀ Past 2.6● Present 5.7▶ Future 4.0
2 est.

The grade of Cheniere Energy Partners, LP

Nine metrics read from its own filings, by tense
Headline grade
4.4/10
◀ Past2.625% of the headline
● Present5.745% of the headline
▶ Future4.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.6/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.9/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2024-01-31.

weight 45% of this tense · 29th percentile among 14 sector filers · read for itself

From the record

Cheniere Energy Partners, LP's filings since 2017 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2024-01-31) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.9/10

What has it actually done, year after year?

+28.8% a year over 10 filed years; profitable in 9 of 10.

weight 22% of this tense · 49th percentile among 14 sector filers · read for its customers

From the record

Cheniere Energy Partners, LP's 10 filed years say what it did: revenue went from $1.1 billion in fiscal 2016 to $11 billion in fiscal 2025, up 28.8% a year; it rose in 6 of 9 years; the deepest fall was 49% from fiscal 2022 to fiscal 2024; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span28.8%top 32% of its family
  • the share of years revenue rosetop 46% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak49.4%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.8/10

How has it treated the people who own it?

SI estimate 0.8/10, confidence 35 of 100 (one part).

weight 33% of this tense · 8th percentile among 14 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 8% of 14 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 14 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Cheniere Energy Partners, LP's shareholder treatment is put at 0.8 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 8% of 14 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

5.7/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

SI estimate
5.3/10

Is it financially healthy right now?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 45% of this tense · 50th percentile among 13 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
No balance sheet on file, so the desk assumes the typical reading of its industry family, the median of 13 members with one.
What the record cannot read
No balance sheet on file.
How it was reasoned
family median, 13 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Cheniere Energy Partners, LP's financial health is put at 5.3 of 10 with a confidence of 20 of 100, because no balance sheet on file, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Industry position

as filed
6.5/10

How strong is its position in its industry?

top 35% of 14 in its family; net margin 27.8%.

weight 33% of this tense · 65th percentile among 14 sector filers · read for its customers

From the record

Cheniere Energy Partners, LP's standing among 14 graded names in its industry family: revenue of $11 billion in fiscal 2025 ranks in the top 19% by size; a net margin of 27.8% ranks in the top 4%; revenue growth of -14.5% a year over the last 3 filed years ranks in the bottom 18% (its annual reports).

What it rests on

  • revenue against the family$10.76Btop 19% of its family
  • net margin27.8%top 4% of its family
  • three-year revenue growth-14.5%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.4/10

What are the people in charge doing?

top 46% of 9 in its family for leadership.

weight 22% of this tense · 54th percentile among 9 sector filers · read for its shareholders

From the record

Cheniere Energy Partners, LP's leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 7 officers and directors filing in the last fifteen months have been on the record a median of 13.9 years (top 6%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 14%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 7 peoplebottom 14% of its family
  • the median years the people in charge have filed13.9 yearstop 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.2/10

How much room does it have to grow?

bottom 42% of 13 in its family for room to expand.

weight 22% of this tense · 42nd percentile among 13 sector filers · read for itself

From the record

Cheniere Energy Partners, LP's room to grow, from the newest filed statements (fiscal 2025): cash of $182 million against debt of $14 billion leaves -80.2% of its assets as net cash, bottom 4% of its family; cash from operations less capital spending is 23.9% of revenue (top 19%) (its annual report).

What it rests on

  • cash less debt against assets-80.2%bottom 4% of its family
  • cash from operations less capital spending against revenue23.9%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.4/10

What could actually drive growth from here?

bottom 34% of 14 in its family for growth drivers.

weight 45% of this tense · 34th percentile among 14 sector filers · read for its customers

From the record

Cheniere Energy Partners, LP's growth drivers, from the filed years to fiscal 2025: revenue grew -14.5% a year over the last three filed years against 28.8% over all 10, slowing (bottom 32% of its family); the newest year grew 23.6% (top 32%); research spending grew -20.6% a year (bottom 30%); capital spending grew -23.9% a year (bottom 4%) (its annual reports). Cheniere Energy Partners, LP reported 3 product lines in fiscal 2025: Liquefied Natural Gas at $11 billion (98%), Regasification Service at $136 million (1%), Product and Service Other at $64 million (1%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-43.3 points a yearbottom 32% of its family
  • the newest year's revenue growth23.6%top 32% of its family
  • three-year growth of research spending-20.6%bottom 30% of its family
  • three-year growth of capital spending-23.9%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.7/10

Did its newest year beat what its own record pointed to?

bottom 47% of 13 in its family for expectations against reality.

weight 33% of this tense · 47th percentile among 13 sector filers · read for its shareholders

From the record

Cheniere Energy Partners, LP's newest year against its own record: revenue of $11 billion in fiscal 2025 came in 73.7% above the $6.2 billion its prior three years' pace pointed to (top 19% of its family); net income of $3.0 billion against a prior three-year average of $3.1 billion (bottom 27%); a net margin of 27.8% against 29.1% before (bottom 35%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace73.7%top 19% of its family
  • net income against the prior three years' average-3%bottom 27% of its family
  • net margin against its prior average-1.4 pointsbottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CQP · research, not advice