Cheniere Energy Partners, L.P.(CQP)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #166 of 2,879 stocksTOP 10%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
CQP Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Cheniere Energy Partners, L.P. (CQP), a Energy sector company. 13F Pro's AI-powered ranking engine scores CQP at 74.1/100 on a 32-signal composite quality model, placing it at rank #166 of 2,879 stocks — the top 10% of the AI-ranked universe. CQP scores in the top quartile across balance sheet strength (88.1), revenue scale (87.7), free cash flow (80.6). Areas of concern include earnings quality (12.2), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), Cheniere Energy Partners, L.P. reports quarterly revenue of $3.6B, net income of $186.0M, free cash flow of $879.0M. Top institutional holders of CQP by reported 13-F value include Blackstone, BROOKFIELD /ON/, ALPS ADVISORS, based on the most recent SEC filings. CQP trades on the NYSE exchange and files with the SEC under CIK 1383650. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CQP daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Cheniere Energy Partners, L.P. directly from SEC EDGAR.
What's Driving CQP's Business? Latest 10-Q Breakdown
AI-extracted from Cheniere Energy Partners, L.P.'s 10-Q filed 2026-05-07 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income fell 71% to $186M despite revenue growth, driven by $599M in unfavorable derivative fair value changes on long-term IPM agreements amid volatile global LNG markets.
Biggest Revenue Drivers
Total revenue: $3,600M+20% YoY
Increased Henry Hub pricing
Higher pricing per MMBtu from increased Henry Hub
Largest Expense Items
Margins: Gross margin compressed significantly due to $826M unfavorable change in fair value of long-term IPM agreements reflecting widening spreads between global and U.S. natural gas benchmarks and elevated volatility from geopolitical uncertainties and supply constraints, partially offset by $225M favorable change in other derivative instruments.
Watch Items from the Filing
- Customer concentration: Customer A represents 25% of Q1 2026 revenues and 33% of receivables; Customers B, C, D, E collectively represent 52% of revenues. Top five customers exceed 75% of revenue.
- Derivative liability jumped to $1,634M net at Q1 2026 from $1,064M at year-end 2025, largely due to $1,161M Level 3 Liquefaction Supply Derivatives liability sensitive to Henry Hub basis spreads and international LNG pricing volatility.
- SPL Expansion Project remains pre-FID with pending FERC authorizations, DOE export authorizations for non-FTA countries, and definitive commercial/EPC contracts. Target FID 2026/2027 subject to achieving milestones.
- Current debt increased to $1,606M at Q1 2026 from $306M at year-end 2025, primarily due to $200M maturity of 5.875% SPL notes due 2026, indicating near-term refinancing requirement.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$3.6B
Net Income
Q1 2026
$186.0M
Free Cash Flow
Q1 2026
$879.0M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+23.6% YoYNet Income
+19.0% YoYOperating Income
+13.0% YoYTotal Assets
-0.1% YoYTotal Debt
-4.5% YoYOp. Cash Flow
-6.7% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $10.76B +23.6% | $8.70B -9.9% | $9.66B +2.4% | $9.43B +53.0% | $6.17B -9.8% | $6.84B |
| Net Income | $2.99B +19.0% | $2.51B -41.0% | $4.25B +161.0% | $1.63B +37.8% | $1.18B +0.7% | $1.18B |
| Operating Income | $3.71B +13.0% | $3.28B -34.9% | $5.04B +96.9% | $2.56B +20.3% | $2.13B +4.2% | $2.04B |
| Total Assets | $17.44B -0.1% | $17.45B -3.6% | $18.10B -6.5% | $19.36B +1.1% | $19.14B -1.2% | $19.38B |
| Total Debt | $14.77B -4.5% | $15.46B -4.6% | $16.21B -5.7% | $17.18B -2.3% | $17.58B +0.0% | $17.58B |
| Operating Cash Flow | $2.77B -6.7% | $2.97B -4.5% | $3.11B +35.7% | $2.29B +30.8% | $1.75B +13.2% | $1.55B |
AI Insight: CQP Financial Trends
Q1 2026 revenue hit $3.6B but net income collapsed 78% sequentially, signaling operational headwinds despite strong top-line growth.
• Revenue surged 24% YoY to $3.6B in Q1 2026, extending growth from $2.9B in Q1 2025.
• Net income fell from $1,287M in Q4 2025 to $186M in Q1 2026—sharpest drop in the data series.
• Total debt increased $1.1B to $15.8B in Q1 2026, reversing 4 quarters of deleveraging since Q2 2024.
⚠ Operating cash flow $910M in Q1 2026, strong, but net income deterioration suggests earnings quality pressure.
⚠ Operating margin compressed to 10% in Q1 2026 from 51% in Q4 2025—largest contraction on record.
AI Insight: CQP Ratio Trends
Q4 2025 spike in profitability metrics collapsed entirely in Q1 2026, signaling a severe operational or seasonal reversal.
• Operating margin plummeted from 50.5% in Q4 2025 to 10.0% in Q1 2026; ROIC fell from 39.8% to 9.1%.
• Net profit margin contracted to 5.2% in Q1 2026, lowest in the data set, despite prior quarters ranging 21–44%.
• TTM ROIC of 20.5% masks severe Q1 2026 deterioration; ROA at 4.3% suggests asset productivity crumbled.
⚠ Q4 2025 metrics (50.5% OpMargin, 39.8% ROIC) appear to be anomalous spike; sustainability unclear.
⚠ Consecutive decline in ROIC from Q1 2025 peak (22.1%) through Q3 2025 (18.1%), then Q1 2026 (9.1%).
Get alerted when CQP's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for Cheniere Energy Partners, L.P. including:
Top Institutional Holders of CQP
Blackstone Inc.
$6.6B102,346,331 shBROOKFIELD Corp /ON/
$6.6B101,620,376 shALPS ADVISORS INC
$614.8M9,512,213 shMIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
$184.4M2,853,843 shEnergy Income Partners, LLC
$98.5M1,524,213 shTORTOISE CAPITAL ADVISORS, L.L.C.
$71.5M1,106,637 shGOLDMAN SACHS GROUP INC
$68.2M1,054,564 shMORGAN STANLEY
$64.3M994,547 shClearbridge Investments, LLC
$39.5M611,873 shUBS Group AG
$30.9M478,086 sh
| Fund | Value | Shares |
|---|---|---|
| Blackstone Inc. | $6.6B | 102,346,331 |
| BROOKFIELD Corp /ON/ | $6.6B | 101,620,376 |
| ALPS ADVISORS INC | $614.8M | 9,512,213 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $184.4M | 2,853,843 |
| Energy Income Partners, LLC | $98.5M | 1,524,213 |
| TORTOISE CAPITAL ADVISORS, L.L.C. | $71.5M | 1,106,637 |
| GOLDMAN SACHS GROUP INC | $68.2M | 1,054,564 |
| MORGAN STANLEY | $64.3M | 994,547 |
| Clearbridge Investments, LLC | $39.5M | 611,873 |
| UBS Group AG | $30.9M | 478,086 |
More Energy Companies
View all Energy →Put CQP on your watchlist
Track score changes the day Cheniere Energy Partners, L.P. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is CQP a good stock to buy?
13F Pro's AI-powered analysis of Cheniere Energy Partners, L.P. (CQP) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CQP are available on the CQP stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own CQP?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CQP. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Cheniere Energy Partners, L.P.'s investment landscape.