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Stock impact report

Cheniere Partners Reports Third Quarter 2024 Results and Reconfirms Full Year 2024 Distribution Guidance

Cheniere Energy Partners, LP Common Units (CQP) 
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Cheniere Energy Partners, L.P. (“Cheniere Partners”) (NYSE: CQP) today announced its financial results for third quarter 2024.HIGHLIGHTSDuring the three and nine months ended September 30, 2024, Cheniere Partners generated revenues of $2.1 billion and $6.2 billion, net income of $635 million and $1.9 billion, and Adjusted EBITDA1 of $852 million and $2.7 billion, respectively.With respect to the third quarter of 2024, Cheniere Partners declared a cash distribution of $0.810 per common unit to unitholders of record as of November 4, 2024, comprised of a base amount equal to $0.775 and a variable amount equal to $0.035. The common unit distribution and the related general partner distribution will be paid on November 14, 2024.Reconfirming full year 2024 distribution guidance of $3.15 - $3.35 per common unit, maintaining a base distribution of $3.10 per common unit.2024 FULL YEAR DISTRIBUTION GUIDANCE 2024Distribution per Unit$3.15-$3.35SUMMARY AND REVIEW OF Show less Read more
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