Quarterly ResultMay 7, 2026, 06:08 AM
Cheniere Energy Partners Q1 Net Income $186M, EPS $0.19
AI Summary
Cheniere Energy Partners reported a significant decrease in net income for Q1 2026, falling to $186 million from $641 million in Q1 2025, resulting in diluted EPS of $0.19 compared to $1.08. This decline occurred despite a rise in total revenues to $3.6 billion, primarily due to a substantial increase in cost of sales and net losses on derivative instruments. The company also saw an increase in cash provided by operating activities and maintained its common unit distribution at $0.830 per unit.
Key Highlights
- Q1 2026 Net Income decreased to $186M from $641M in Q1 2025.
- Diluted EPS fell to $0.19 in Q1 2026 from $1.08 in Q1 2025.
- Total revenues increased to $3.6B in Q1 2026 from $2.99B in Q1 2025.
- Cost of sales surged to $2.72B in Q1 2026 from $1.70B in Q1 2025.
- Net losses on derivative instruments were $665M in Q1 2026 vs. $18M in Q1 2025.
- Cash from operating activities rose to $910M in Q1 2026 from $665M in Q1 2025.
- Declared common unit distribution of $0.830/unit for Q1 2026.
- Current debt increased to $1.61B at March 31, 2026 from $306M at Dec 31, 2025.