Cheniere Energy Partners (CQP) Operating Expenses (2010 - 2026)

Cheniere Energy Partners (CQP) reported Operating Expenses of $3.2 billion for Q1 2026, up 49.75% on a YoY basis from $2.2 billion in Q1 2025, and up 1090.81% sequentially from $272.0 million in Q4 2025.

Cheniere Energy Partners (CQP) Operating Expenses (2010 - 2026) Analysis & Trends

Cheniere Energy Partners (CQP) has 17 years of Operating Expenses data on file, last reported at $3.2 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 49.75% year-over-year to $3.2 billion; the trailing twelve-month figure through Mar 2026 stood at $7.0 billion (up 31.2% YoY), and the FY2025 full-year result was $1.1 billion, down 79.55% from the prior year.
  • Operating Expenses climbed to $3.2 billion in Q1 2026, from $272.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.8 billion in Q4 2023 to a low of $170.0 million in Q1 2022.
  • A 5-year average of $1.2 billion and a median of $1.1 billion in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses tumbled 85.6% in 2022 and jumped 1241.84% in 2023, its largest moves.
  • Tracing CQP's Operating Expenses over 5 years: stood at $282.0 million in 2022, then jumped by 1241.84% to $3.8 billion in 2023, then sank by 56.45% to $1.6 billion in 2024, then tumbled by 83.5% to $272.0 million in 2025, then surged by 1090.81% to $3.2 billion in 2026.
  • Business Quant data shows CQP's Operating Expenses at $3.2 billion in Q1 2026, $272.0 million in Q4 2025, and $1.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Cheniere Energy Partners 32.19 Bn 32.16 Bn 838.00 Mn 3.24 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.24 Bn
Dec 31, 2025 272.00 Mn
Sep 30, 2025 1.71 Bn
Jun 30, 2025 1.74 Bn
Mar 31, 2025 2.16 Bn
Dec 31, 2024 1.65 Bn
Sep 30, 2024 1.23 Bn
Jun 30, 2024 265.00 Mn
Mar 31, 2024 256.00 Mn
Dec 31, 2023 3.78 Bn
Sep 30, 2023 1.14 Bn
Jun 30, 2023 1.12 Bn
Mar 31, 2023 266.00 Mn
Dec 31, 2022 282.00 Mn
Sep 30, 2022 246.00 Mn
Jun 30, 2022 247.00 Mn
Mar 31, 2022 170.00 Mn
Dec 31, 2021 -3.52 Bn
Sep 30, 2021 1.71 Bn
Jun 30, 2021 168.00 Mn