Quarterly ResultMay 7, 2026, 07:37 AM
Cheniere Partners Q1 Revenue +20% to $3.6B; Net Income Down 71%
AI Summary
Cheniere Energy Partners reported Q1 2026 revenues of $3.6 billion, a 20% increase year-over-year, and Adjusted EBITDA of $1.2 billion, up 13%. However, net income decreased by 71% to $186 million, primarily due to non-cash unfavorable changes in the fair value of derivative instruments. The company reconfirmed its full-year 2026 distribution guidance of $3.10 - $3.40 per common unit and declared a Q1 cash distribution of $0.790 per common unit.
Key Highlights
- Q1 2026 revenues increased 20% to $3.6 billion.
- Q1 2026 net income decreased 71% to $186 million.
- Q1 2026 Adjusted EBITDA increased 13% to $1.2 billion.
- Declared Q1 2026 cash distribution of $0.790 per common unit.
- Reconfirmed full-year 2026 distribution guidance of $3.10 - $3.40 per common unit.
- Repaid $53 million of 4.747% Senior Secured Notes due 2037 in March 2026.
- Redeemed remaining $200 million of 5.875% Senior Secured Notes due 2026 in February 2026.
- Total available liquidity was $2.132 billion as of March 31, 2026.
Price Impact
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