Cheniere Energy Partners Declares $0.830 Q4 Distribution, Guides $3.10–$3.40 2026
Cheniere Energy Partners generated $2.9 billion in Q4 revenues, $1.3 billion net income and $1.0 billion Adjusted EBITDA, declaring a $0.830 per unit Q4 distribution and $3.30 per unit for full-year 2025. It guided 2026 distributions at $3.10–$3.40 per unit and received an S&P upgrade to BBB+.
1. Fourth Quarter and Full Year 2025 Results
In Q4 2025, Cheniere Energy Partners reported $2.9 billion in revenues, $1.3 billion net income and $1.0 billion Adjusted EBITDA. For the full year, revenues reached $10.8 billion, net income $3.0 billion and Adjusted EBITDA $3.7 billion.
2. Distribution Payments and 2026 Guidance
The partnership declared a $0.830 per unit cash distribution for Q4 and a $3.30 per unit total distribution for full-year 2025. It introduced 2026 distribution guidance of $3.10 to $3.40 per common unit, maintaining a $3.10 base distribution level.
3. Credit Rating Upgrade and Milestone
S&P Global Ratings upgraded Cheniere Partners’ issuer credit rating to BBB+ with a stable outlook in November 2025. The partnership celebrated its 10th anniversary of LNG exports, loading over 3,270 cargoes since February 2016.
4. Liquidity and Capital Resources
As of December 31, 2025, the partnership held $182 million in unrestricted cash and $19 million in restricted cash, and had $824 million under its SPL revolving credit facility plus $1 billion under its own revolver. Total available liquidity stood at $2.0 billion, supporting both operations and growth initiatives.