# Cheniere Energy Partners, L.P.: overview

CQP · NYSE · CIK 1383650 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cqp.md) · [Financials](/companies/cqp/financials.md) · [Filings](/companies/cqp/filings.md) · [Insiders](/companies/cqp/insiders.md)

Latest reported revenue: [$2.58bn](/filings/0001383650-26-000038.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001383650-26-000038).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,460 d](/filings/0001383650-26-000005.md) | [2,989](/filings/0001383650-26-000014.md) | [2,455](/filings/0001383650-26-000028.md) | [2,404](/filings/0001383650-26-000038.md) | [2,910 d](/filings/0001383650-26-000005.md) | [3,599](/filings/0001383650-26-000014.md) | [2,583](/filings/0001383650-26-000028.md) | [2,575](/filings/0001383650-26-000038.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [33.0% d](/filings/0001383650-26-000005.md) | [27.6%](/filings/0001383650-26-000014.md) | [29.1%](/filings/0001383650-26-000028.md) | [29.0%](/filings/0001383650-26-000038.md) | [50.5% d](/filings/0001383650-26-000005.md) | [10.0%](/filings/0001383650-26-000014.md) | [51.9%](/filings/0001383650-26-000028.md) | [31.7%](/filings/0001383650-26-000038.md) |
| Net margin | % | [25.3% d](/filings/0001383650-26-000005.md) | [21.4%](/filings/0001383650-26-000038.md) | [22.5%](/filings/0001383650-26-000038.md) | [21.0%](/filings/0001383650-26-000038.md) | [44.2% d](/filings/0001383650-26-000005.md) | [5.2%](/filings/0001383650-26-000038.md) | [44.9%](/filings/0001383650-26-000038.md) | [24.8%](/filings/0001383650-26-000038.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [827 d](/filings/0001383650-26-000005.md) | [605](/filings/0001383650-26-000014.md) | [490 d](/filings/0001383650-26-000028.md) | [610 d](/filings/0001383650-26-000038.md) | [864 d](/filings/0001383650-26-000005.md) | [879](/filings/0001383650-26-000014.md) | [433 d](/filings/0001383650-26-000028.md) | [712 d](/filings/0001383650-26-000038.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [9.4](/filings/0001383650-24-000013.md) | [17.2](/filings/0001383650-25-000007.md) | [9.7](/filings/0001383650-26-000005.md) | [8.7](/filings/0001383650-26-000005.md) | [10.8](/filings/0001383650-26-000005.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [27.1%](/filings/0001383650-24-000013.md) | [19.6%](/filings/0001383650-25-000007.md) | [52.1%](/filings/0001383650-26-000005.md) | [37.7%](/filings/0001383650-26-000005.md) | [34.4%](/filings/0001383650-26-000005.md) |
| Net margin | % | [17.3%](/filings/0001383650-24-000013.md) | [14.5%](/filings/0001383650-25-000007.md) | [44.0%](/filings/0001383650-26-000005.md) | [28.8%](/filings/0001383650-26-000005.md) | [27.8%](/filings/0001383650-26-000005.md) |
| Diluted EPS | $ per share | [3.00](/filings/0001383650-22-000005.md) | not reported | not reported | not reported | not reported |
| Free cash flow | $bn | [1.6](/filings/0001383650-24-000013.md) | [3.7](/filings/0001383650-25-000007.md) | [2.9](/filings/0001383650-26-000005.md) | [2.8](/filings/0001383650-26-000005.md) | [2.6](/filings/0001383650-26-000005.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cqp/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2023-04-03 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 6,004 | $47.4574 | $284.9k | [Form 4](/filings/0000899243-23-010437.md) |
| 2023-04-03 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 2,768 | $47.4574 | $131.4k | [Form 4](/filings/0000899243-23-010437.md) |
| 2023-03-31 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 12,959 | $47.2593 | $612.4k | [Form 4](/filings/0000899243-23-010437.md) |
| 2023-03-31 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 5,975 | $47.2593 | $282.4k | [Form 4](/filings/0000899243-23-010437.md) |
| 2023-03-30 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 47,490 | $47.1368 | $2.2m | [Form 4](/filings/0000899243-23-010097.md) |
| 2023-03-30 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 21,898 | $47.1368 | $1.0m | [Form 4](/filings/0000899243-23-010097.md) |
| 2023-03-29 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 18,535 | $47.11 | $873.2k | [Form 4](/filings/0000899243-23-010097.md) |
| 2023-03-29 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 8,547 | $47.11 | $402.6k | [Form 4](/filings/0000899243-23-010097.md) |
| 2023-03-28 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 3,398 | $47.024 | $159.8k | [Form 4](/filings/0000899243-23-009999.md) |
| 2023-03-28 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 11,896 | $46.839 | $557.2k | [Form 4](/filings/0000899243-23-009999.md) |
| 2023-03-28 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 1,567 | $47.024 | $73.7k | [Form 4](/filings/0000899243-23-009999.md) |
| 2023-03-28 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 5,485 | $46.839 | $256.9k | [Form 4](/filings/0000899243-23-009999.md) |
| 2023-03-27 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 30,289 | $45.868 | $1.4m | [Form 4](/filings/0000899243-23-009999.md) |
| 2023-03-27 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 6,268 | $45.057 | $282.4k | [Form 4](/filings/0000899243-23-009999.md) |
| 2023-03-27 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 13,966 | $45.868 | $640.6k | [Form 4](/filings/0000899243-23-009999.md) |
| 2023-03-27 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 2,890 | $45.057 | $130.2k | [Form 4](/filings/0000899243-23-009999.md) |
| 2021-10-01 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 9,473 | $40.957 | $388.0k | [Form 4](/filings/0000899243-21-038854.md) |
| 2021-09-30 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 35,044 | $40.93 | $1.4m | [Form 4](/filings/0000899243-21-038854.md) |
| 2021-09-27 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 100 | $40.90 | $4.1k | [Form 4](/filings/0000899243-21-038096.md) |
| 2021-09-24 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Purchase (P) | 113 | $40.00 | $4.5k | [Form 4](/filings/0000899243-21-038096.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Blackstone Inc.](/funds/1393818.md) | 2026-06-30 | $6.24bn | 102,346,331 |  | Unchanged |
| [Brookfield Corp /ON/](/funds/1001085.md) | 2026-06-30 | $6.19bn | 101,620,376 |  | Unchanged |
| [ALPS ADVISORS INC](/funds/1376113.md) | 2026-06-30 | $554.9m | 9,104,161 |  | Reduced −408,052 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $173.6m | 2,848,787 |  | Reduced −5,056 |
| [Energy Income Partners, LLC](/funds/1388814.md) | 2026-06-30 | $94.8m | 1,554,578 |  | Added +30,365 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $68.9m | 1,130,045 |  | Added +75,481 |
| [TORTOISE CAPITAL ADVISORS, L.L.C.](/funds/1280965.md) | 2026-06-30 | $65.9m | 1,080,566 |  | Reduced −26,071 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $60.0m | 984,483 |  | Reduced −10,064 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $45.6m | 752,994 |  | Reduced −79,137 |
| [Clearbridge Investments, LLC](/funds/1348883.md) | 2026-06-30 | $41.3m | 677,973 |  | Added +66,100 |

## Recent filings

[All 799 filings](/companies/cqp/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 07:32 ET | [8-K](/filings/0001383650-26-000040.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001383650-26-000040 |
| 2026-10-29 | 17:36 ET | [10-Q](/filings/0001383650-26-000038.md) | Quarterly report, period 2026-09-30 | 0001383650-26-000038 |
| 2026-10-23 | 08:32 ET | [8-K](/filings/0001383650-26-000035.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001383650-26-000035 |
| 2026-08-06 | 07:31 ET | [8-K](/filings/0001383650-26-000031.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001383650-26-000031 |
| 2026-08-06 | 17:36 ET | [10-Q](/filings/0001383650-26-000028.md) | Quarterly report, period 2026-06-30 | 0001383650-26-000028 |
| 2026-07-28 | 08:35 ET | [8-K](/filings/0001383650-26-000025.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001383650-26-000025 |
| 2026-07-14 | 16:28 ET | [8-K](/filings/0001383650-26-000023.md) | 5.02 Departure or appointment of officers or directors | 0001383650-26-000023 |
| 2026-06-09 | 16:33 ET | [8-K](/filings/0001193125-26-263864.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001193125-26-263864 |
| 2026-05-28 | 08:35 ET | [8-K](/filings/0001383650-26-000019.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001383650-26-000019 |
| 2026-05-27 | 08:05 ET | [8-K](/filings/0001193125-26-240542.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-240542 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001383650-26-000005.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, has been scored from the reported figures. [See the target](/leagues/2026q3/targets/b884fe2e-ee75-44a9-bcc6-415c31310aa8)

## About the filer

- CIK: 1383650
- Tickers: CQP
- Exchange: NYSE
- SIC code: 4924 Natural Gas Distribution
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 07:38 ET. No prices; not investment advice.