Loading...
•
Sep 30
Cheniere Energy Partners Q3 2025 Earnings Report
Cheniere Partners reported lower net income but higher revenue in Q3 2025 compared to the prior year.
Key Takeaways
Cheniere Partners delivered $2.4 billion in revenue for Q3 2025, with a slight increase in Adjusted EBITDA, despite a decline in net income due to derivative-related impacts.
Revenue rose to $2.4 billion, up 17% from Q3 2024.
Net income declined to $506 million, primarily due to unfavorable derivative movements.
Adjusted EBITDA increased to $885 million, supported by better margins and lower maintenance costs.
LNG volumes loaded totaled 374 TBtu, slightly below last year.
Cheniere Energy Partners
Cheniere Energy Partners
Cheniere Energy Partners Revenue by Segment
Cheniere Energy Partners Revenue by Geographic Location
Revenue by Segment
LNG revenues Revenue
CapyFin.comLNG affiliate revenues Revenue
CapyFin.comRegasification revenues Revenue
CapyFin.comOther revenues Revenue
CapyFin.comRevenue by Geographic Location
Global Revenue
CapyFin.com Forward Guidance
Cheniere Partners reaffirmed its full-year 2025 distribution guidance and maintained its base distribution level.
Positive Outlook
- Maintained full-year distribution guidance of $3.25–$3.35 per unit.
- Base distribution remains steady at $3.10 per unit.
- Improved Adjusted EBITDA quarter-over-quarter.
- LNG cargo count remained steady at 104 shipments.
- Favorable cost structure supported margin expansion.
Challenges Ahead
- Net income decreased $129 million year-over-year due to derivatives impact.
- LNG volumes loaded declined slightly compared to Q3 2024.
- Affiliate LNG revenues saw a minor year-over-year drop.
- Operating income declined from $827 million to $696 million.
- No new segment or product expansion disclosed for the quarter.