olivLaw · US equity research
Cheniere Energy Partners, L.P. CQP
Natural Gas Distribution · SIC 4924 · Vertical: Natural Gas Distribution (SIC 4924)
Cheniere Energy Partners, L.P. is a limited partnership that owns and operates the Sabine Pass natural gas liquefaction and export facility in Louisiana, one of the largest in the world. It supplies LNG to integrated energy companies, utilities and trading firms worldwide, and its total revenues reached 10.758 bn USD in 2025 and 2.583 bn USD in the second quarter of 2026. Growing interest in supply security and planned capacity expansion give the company a relevant position in the global LNG market.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Cheniere Energy Partners, L.P. (CQP) stock was 56.68 USD (−10.07% on the day), with market capitalisation 27.4 bn USD, P/E 8.4 on diluted EPS of -0.49 USD over the last 12 months, beta 0.42, 52-week range 50.91–71.22 USD. Latest reported quarter (Q3 2026): revenue of 2.6 bn USD (+7.1% YoY), net income of 639.0 m USD (+26.3% YoY).
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 28.7
- oversold (≤ 30)
- Bollinger (20, 2)
- 59.77 – 68.31
- below the lower band · %B -0.36 · band width 13.3%
- SMA 50 / 200
- 65.19 / 63.48
- mixed trend
- MACD (12, 26, 9)
- -0.51 / -0.04
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −10.4% | −1.1% | −9.3 pp | — |
| 3 months | −11.6% | −0.5% | −11.2 pp | — |
| 6 months | −11.4% | +4.4% | −15.8 pp | — |
| Year to date | +6.0% | +12.3% | −6.3 pp | — |
| 1 year | +9.6% | +13.5% | −4.0 pp | +2.8% |
| 3 years | −2.1% | +76.4% | −78.5 pp | +42.7% |
| 5 years | +32.3% | +63.7% | −31.4 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.5 bn | 3.0 bn | 2.5 bn | 2.4 bn | 2.9 bn | 3.6 bn | 2.6 bn | 2.6 bn |
| Cost of revenue | 1.2 bn | 1.7 bn | 1.2 bn | 1.3 bn | 968.0 m | 2.8 bn | 765.0 m | 1.3 bn |
| Operating income | 812.0 m | 826.0 m | 715.0 m | 696.0 m | 1.5 bn | 361.0 m | 1.3 bn | 815.0 m |
| Depreciation & amortisation | 171.0 m | 171.0 m | 171.0 m | 173.0 m | 173.0 m | 174.0 m | 174.0 m | 174.0 m |
| Interest expense | 197.0 m | 190.0 m | 188.0 m | 189.0 m | 186.0 m | 181.0 m | 183.0 m | 182.0 m |
| Net income | 623.0 m | 641.0 m | 553.0 m | 506.0 m | 1.3 bn | 186.0 m | 1.2 bn | 639.0 m |
| Operating cash flow | 876.0 m | 665.0 m | 558.0 m ≈ | 658.0 m ≈ | 887.0 m | 910.0 m | 699.0 m ≈ | 941.0 m ≈ |
| Capex | 49.0 m | 60.0 m | 68.0 m ≈ | 48.0 m ≈ | 23.0 m | 31.0 m | 266.0 m ≈ | 229.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.4 bn | 6.8 bn | 6.2 bn | 9.4 bn | 17.2 bn | 9.7 bn | 8.7 bn | 10.8 bn |
| Revenue YoY | +49.3% | +6.4% | −9.8% | +53.0% | +82.4% | −43.8% | −9.9% | +23.6% |
| Net income | 1.3 bn | 1.2 bn | 1.2 bn | 1.6 bn | 2.5 bn | 4.3 bn | 2.5 bn | 3.0 bn |
| Net income YoY | +160.0% | −7.8% | +0.7% | +37.8% | +53.3% | +70.3% | −41.0% | +19.0% |
| Diluted EPS | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | 19.8% | 17.2% | 19.2% | 17.3% | 14.5% | 44.0% | 28.8% | 27.8% |
| Free cash flow | 1.1 bn | 216.0 m | 779.0 m | 1.6 bn | 3.7 bn | 2.9 bn | 2.8 bn | 2.6 bn |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 182.0 m USD
- Financial debt
- 14.5 bn USD
- Net debt
- 14.3 bn USD
- Equity
- unavailable USD
- Total assets
- 17.4 bn USD
- Debt / equity
- unavailable
- Current ratio
- 0.78x
- ROE
- unavailable
- ROA
- 17.1%
- FCF margin
- 23.9%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 6.2 bn | 9.4 bn | 17.2 bn | 9.7 bn | 8.7 bn | 10.8 bn | SEC (XBRL)· 26 Feb 2026verified |
| Cost of revenue | 2.5 bn | 5.4 bn | 12.1 bn | 2.7 bn | 3.6 bn | 5.1 bn | SEC (XBRL)· 26 Feb 2026verified |
| Gross profit | 3.7 bn ≈ | 4.0 bn ≈ | 5.1 bn ≈ | 6.9 bn ≈ | 5.1 bn ≈ | 5.6 bn ≈ | SEC (XBRL)· 26 Feb 2026derived |
| Research & development | 0 | 1.0 m | — | — | — | — | SEC (XBRL)· 24 Feb 2022verified |
| Operating income | 2.1 bn | 2.6 bn | 3.4 bn | 5.0 bn | 3.3 bn | 3.7 bn | SEC (XBRL)· 26 Feb 2026verified |
| Depreciation & amortisation | 551.0 m | 557.0 m | 634.0 m | 672.0 m | 680.0 m | 688.0 m | SEC (XBRL)· 26 Feb 2026verified |
| EBITDA | 2.7 bn ≈ | 3.1 bn ≈ | 4.0 bn ≈ | 5.7 bn ≈ | 4.0 bn ≈ | 4.4 bn ≈ | SEC (XBRL)· 26 Feb 2026derived |
| Interest expense | 909.0 m | 831.0 m | 870.0 m | 823.0 m | 800.0 m | 753.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Income tax | — | — | — | 0 | 0 | 0 | SEC (XBRL)· 26 Feb 2026verified |
| Net income | 1.2 bn | 1.6 bn | 2.5 bn | 4.3 bn | 2.5 bn | 3.0 bn | SEC (XBRL)· 26 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue; Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 1.2 bn | 876.0 m | 904.0 m | 575.0 m | 270.0 m | 182.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Receivables | 300.0 m | 546.0 m | 551.0 m | 0 | 1.0 m | 0 | SEC (XBRL)· 26 Feb 2026verified |
| Inventories | 107.0 m | 176.0 m | 160.0 m | 142.0 m | 151.0 m | 180.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Current assets | 2.1 bn | 2.2 bn | 2.6 bn | 1.6 bn | 1.3 bn | 1.3 bn | SEC (XBRL)· 26 Feb 2026verified |
| Property, plant & equipment, net | 16.7 bn | 16.8 bn | 16.7 bn | 16.2 bn | 15.8 bn | 15.3 bn | SEC (XBRL)· 26 Feb 2026verified |
| Total assets | 19.1 bn | 19.4 bn | 19.6 bn | 18.1 bn | 17.5 bn | 17.4 bn | SEC (XBRL)· 26 Feb 2026verified |
| Accounts payable | 12.0 m | 21.0 m | 32.0 m | 69.0 m | 62.0 m | 53.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Short-term debt | 0 | 0 | 0 | 300.0 m | 351.0 m | 306.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Long-term debt | 17.6 bn | 17.2 bn | 16.2 bn | 15.6 bn | 14.8 bn | 14.2 bn | SEC (XBRL)· 26 Feb 2026verified |
| Current liabilities | 883.0 m | 1.3 bn | 2.4 bn | 1.6 bn | 1.7 bn | 1.7 bn | SEC (XBRL)· 26 Feb 2026verified |
| Total liabilities | — | — | — | 18.9 bn | 18.0 bn | 17.0 bn | SEC (XBRL)· 26 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.8 bn | 2.3 bn | 4.1 bn | 3.1 bn | 3.0 bn | 2.8 bn | SEC (XBRL)· 26 Feb 2026verified |
| Capex | 972.0 m | 648.0 m | 451.0 m | 220.0 m | 154.0 m | 199.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Free cash flow | 779.0 m ≈ | 1.6 bn ≈ | 3.7 bn ≈ | 2.9 bn ≈ | 2.8 bn ≈ | 2.6 bn ≈ | SEC (XBRL)· 26 Feb 2026derived |
| Investing cash flow | -972.0 m | -648.0 m | -451.0 m | -227.0 m | -162.0 m | -204.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Financing cash flow | -1.4 bn | -2.0 bn | -3.7 bn | -3.2 bn | -3.1 bn | -2.7 bn | SEC (XBRL)· 26 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
Score: 66 / 100
A scoring methodology on indicators and valuation, not investment advice.
score >= 65 · margin_of_safety >= 0.15 · agreement in ['high', 'medium']
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 27.4 bn USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet47
- Growth0
- Valuation90
- Quality87
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 56.38 – 140.06 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)63.94 – 129.99 (Mid 87.73)WACC 7.8% · starting FCFF 3.5 bn USD · terminal value share of EV 77%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: starting growth implied by the price (fading linearly to terminal growth, everything else fixed): -17.1%
- Peers: EV/EBITDA56.38 – 88.74 (Mid 70.21)7 companies used · median multiple 10.2x · quartiles 8.8x – 12.1xATO, LNG, MDU, NFG, NJR, NWN, SR
- Peers: P/E101.28 – 140.06 (Mid 117.14)10 companies used · median multiple 17.3x · quartiles 15.0x – 20.7xATO, EE, LNG, MDU, NFG, NJR, NWN, OGS, SR, VG
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Attractive profile · Score 66/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 28.1% | 92 (vs peers) | 9% |
| FCF conversion · Quality | 88.2% | 83 (on a fixed band) | 9% |
| Revenue CAGR 3Y · Growth | -14.5% | 0 (on a fixed band) | 12% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | 3.0x | 44 (vs peers) | 15% |
| Interest coverage · Balance sheet | 5.4x | 61 (on a fixed band) | 9% |
| Current ratio · Balance sheet | 1.2x | 32 (on a fixed band) | 6% |
| P/E (TTM) · Valuation | 8.4x | 100 (vs peers) | 15% |
| EV/EBITDA · Valuation | 8.8x | 71 (vs peers) | 15% |
| FCF yield · Valuation | 10.5% | 100 (on a fixed band) | 12% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet47/100 · 3/3 factors with a value
- Growth· partial0/100 · 1/2 factors with a value
- Quality87/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation90/100 · 3/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Cheniere Energy Partners, L.P. (CQP). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 10.8 bn USD in 2025; YoY growth 23.6%; net margin 28.1%; net debt/EBITDA 3.0x.
The estimated value range is 63.94–129.99 USD per share (median of 3 methods, agreement: medium); assumptions are illustrative. Against the central value of 87.73 USD, the price of 56.68 USD leaves a potential of 54.8% (value / price − 1) and a margin of safety of 35.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 66/100, methodological classification: attractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: growth, returns. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 28.1%
- FCF conversion: 88.2%
- P/E (TTM): 8.4x
- EV/EBITDA: 8.8x
- FCF yield: 10.5%
- The price is below the estimated value range
What contradicts it
- Revenue CAGR 3Y: -14.5%
Not assessed (insufficient data or a ratio without meaning): ROIC, EPS CAGR 3Y, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Natural Gas Distribution (SIC 4924) · same industry (4-digit SIC) · compared with 14 companies
The size band was not applied: too few companies would have remained; the vertical includes much smaller or larger companies.
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| LNGCheniere Energy, Inc. | 59.6 bn | 20.3 | 45.7% | 13.1% | +27.2% | +40% / +60% |
| ATOAtmos Energy Corp | 29.8 bn | 21.0 | 9.8% | 28.5% | +12.9% | +0% / +55% |
| CQPCheniere Energy Partners, L.P. | 27.4 bn | 8.4 | — | 28.1% | +23.6% | +10% / −2% |
| NFGNational Fuel Gas Company | 7.3 bn | 10.6 | 19.6% | 26.9% | +17.1% | −7% / +51% |
| NJRNew Jersey Resources Corporation | 5.6 bn | 15.2 | 14.5% | 24.0% | +9.9% | +15% / +30% |
| SRSpire Inc. | 5.3 bn | 14.9 | 10.3% | 13.9% | −4.5% | +2% / +48% |
| OGSONE Gas, Inc. | 5.2 bn | 17.5 | 8.7% | — | +42.5% | −2% / +43% |
| MDUMdu Resources Group Inc | 4.2 bn | 20.8 | 7.0% | 10.7% | +6.7% | −7% / +87% |
| NWNNorthwest Natural Holding Company | 2.2 bn | 17.1 | 8.3% | 9.7% | +11.8% | +4% / +40% |
| NFENew Fortress Energy Inc. | 1.2 bn | — | -533.9% | -148.7% | −36.2% | +234% / −89% |
| SLNGStabilis Solutions, Inc. | 71.2 m | — | -14.0% | -17.4% | −6.9% | −18% / −16% |
| CETYClean Energy Technologies, Inc. | 10.4 m | — | -76.3% | -245.9% | −63.8% | −53% / −96% |
| VGVenture Global, Inc. | — | 9.1 | 54.7% | 22.3% | +176.9% | +61% / unavailable |
| EEExcelerate Energy, Inc | — | 26.8 | — | — | +44.3% | +22% / +105% |
| UGPUltrapar Holdings Inc. | — | — | 16.5% | 1.8% | +5.9% | +36% / +10% |
1- and 3-year price returns: for CQP from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 30.30 Total return -47% · Per year -47% | 53.85 Total return -5% · Per year -5% | 81.48 Total return 44% · Per year 44% |
| 3 years | 24.06 Total return -58% · Per year -25% | 48.60 Total return -14% · Per year -5% | 81.48 Total return 44% · Per year 13% |
| 5 years | 19.11 Total return -66% · Per year -20% | 43.86 Total return -23% · Per year -5% | 81.48 Total return 44% · Per year 8% |
- Exit P/E± 12.15
- Net margin± 8.50
- Annual revenue growth± 7.68
- Annual dilution± 0.71
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 10-Q (29 Oct 2026), 8-K (29 Oct 2026 · results).
In brief
Cheniere Energy Partners, L.P. is a limited partnership that owns and operates the Sabine Pass natural gas liquefaction and export facility in Louisiana, one of the largest in the world. It supplies LNG to integrated energy companies, utilities and trading firms worldwide, and its total revenues reached 10.758 bn USD in 2025 and 2.583 bn USD in the second quarter of 2026. Growing interest in supply security and planned capacity expansion give the company a relevant position in the global LNG market.
SWOT
Strengths
- Long-term contracts with creditworthy customers provide stable and predictable cash flows that support distributions to unitholders 12.
- The Sabine Pass terminal is one of the largest in the world, and several agencies upgraded credit ratings during 2025 1.
- The structure of IPM and SPA agreements limits direct exposure to U.S. gas price swings, which stabilizes margins 2.
Weaknesses
- Total debt is high and interest costs remain significant, which narrows financial flexibility 1.
- Revenue concentration among a few large customers means that a failure by one of them could have a major impact 1.
- Reported results are shaped by derivative valuation, which can make accounting profit differ from operating performance 13.
Opportunities
Risks
- Dependence on large customershigh
A small number of customers generate most revenue, and failure to perform under contracts could lead to unrecoverable losses 1.
- Access to capital for expansionhigh
If capital markets become more expensive or less accessible, financing for the SPL project could be delayed or limited 1.
- Derivative accounting volatilitymedium
Changes in the fair value of derivatives can create large differences in reported profit even when operating fundamentals are stable 13.
- Distribution restrictions from debt agreementsmedium
Debt agreements can limit payment of distributions if debt service coverage requirements are not met 1.
- Construction and operating hazardsmedium
Severe weather, cost overruns and construction delays could affect operations and the expansion 1.
Investment thesis
What would need to be true (bull case)
- Long-term contracts and the IPM structure can provide predictable cash flows even if the global LNG market becomes more volatile 12.
- The SPL expansion, if delivered on schedule, could add substantial capacity to an already large production base 3.
- Improving credit ratings and lower debt could reduce financing costs and support larger distributions in future 13.
What would break the thesis
- Rapid growth in global supply could keep prices under pressure and reduce margins on new contracts 1.
- Customer concentration and reliance on long-term contracts mean the loss of one major customer could have serious effects 1.
- Reported profit can be volatile because of derivative valuation, which makes performance harder to read from quarter to quarter 13.
What to watch
- FERC and DOE approvals for the SPL expansion2027
- Final investment decision (FID) for the first phase of the expansion2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 10-Q (29 Oct 2026), 8-K (29 Oct 2026 · results).
The business
The business model rests on two kinds of long-term contracts. SPAs generally provide a fixed fee for contracted volumes regardless of whether the customer cancels deliveries, and a variable component indexed to Henry Hub 2. IPM agreements have a gas producer sell natural gas to the company on a global LNG or gas index price, less a fixed liquefaction fee 2. Because most feedstock is sourced in the U.S., the structure limits exposure to U.S. gas price swings 2.
Segments
LNG liquefaction at Sabine Pass
The core segment is the Sabine Pass terminal, with total production capacity of over 30 mtpa of LNG, which generates nearly all revenue from external customer contracts 23. As of July 31, 2026, the company reported over 3,460 cumulative cargoes exported from the terminal 3.
Market context
Trends
- Expansion of global LNG supplymixed
Many new liquefaction projects in the U.S. and Canada are coming online, which could bring more moderate and stable prices over the medium term 1. For a company with fixed-fee contracts, cheaper LNG could push demand in price-sensitive markets, which could support volumes 1.
- European demand after the break from Russian gastailwind
Europe is replacing Russian gas, and the European Parliament voted to ban Russian LNG by 2027, which could keep demand elevated 1. This trend supports the outlook for long-term contracts with European buyers 1.
- Weaker Asian demandheadwind
LNG consumption in Asia fell in 2025, mainly because of China, which cut imports as domestic output and piped Russian gas reduced the need for LNG 1. If this decline persists, it could reduce volumes sold into spot markets 1.
Competitive position
The company competes in the international LNG market with other U.S. exporters and producers from other regions, and the international LNG price is a major competitive factor, as the company's own risk disclosures note 1. Rapid expansion of supply from the U.S. and Canada could intensify competition for price-sensitive buyers 1.
The company's competitive position rests on long-term contracts and proximity to American gas, which limits exposure to domestic gas prices 2. If other suppliers offer more flexible terms, the company's market position could be challenged when contracts are renewed 12.
- Cheniere Energy, Inc.LNG
Parent company that controls the general partner and runs the integrated marketing function, as noted in its results releases 3.
- Other U.S. LNG exporters
New producers in the U.S. and Canada that add global supply and can compete on price and contracts 1.
- Qatar and other regional exporters
Traditional Middle East suppliers referenced in the global LNG market context, which can influence benchmark prices 1.
- Pipeline gas suppliers
Pipeline gas suppliers that compete with LNG in markets such as Asia and Europe, as described in the market analysis 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report29 Oct 2026Results of operations · Financial statements and exhibits
- Quarterly report29 Oct 2026
- Current report23 Oct 2026Other events · Financial statements and exhibits
- Current report06 Aug 2026Results of operations · Financial statements and exhibits
- Quarterly report06 Aug 2026
- Current report28 Jul 2026Other events · Financial statements and exhibits
- Current report14 Jul 2026Departure or appointment of officers
- Current report09 Jun 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
- Current report28 May 2026Material agreement · Regulation FD disclosure · Financial statements and exhibits
- Current report27 May 2026Material agreement · Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Cheniere Energy Partners, L.P. · 26 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Cheniere Energy Partners, L.P. · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Cheniere Energy Partners, L.P. · 06 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.