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| Date | Value |
|---|---|
| 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 |