Cheniere Energy Partners (CQP) Operating Expenses (2010 - 2026)
Cheniere Energy Partners (CQP) posted Operating Expenses of $3.2 billion for Q1 2026, up 1090.81% sequentially from $272.0 million in Q4 2025, and up 49.75% YoY from $2.2 billion in Q1 2025.
Cheniere Energy Partners (CQP) Operating Expenses (2010 - 2026) Analysis & Trends
Cheniere Energy Partners has reported Operating Expenses for 17 years, with the latest figure at $3.2 billion in Q1 2026.
- Quarterly Operating Expenses rose 49.75% year-over-year to $3.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.0 billion (up 31.2% YoY) and the FY2025 annual result came in at $1.1 billion, down 79.55% from the prior year.
- Operating Expenses climbed to $3.2 billion in Q1 2026 per CQP's latest filing, from $272.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $3.8 billion in Q4 2023 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 85.6% in 2022, then soared 1241.84% in 2023.
- Over 5 years, Operating Expenses stood at $282.0 million in 2022, then jumped by 1241.84% to $3.8 billion in 2023, then plunged by 56.45% to $1.6 billion in 2024, then slumped by 83.5% to $272.0 million in 2025, then surged by 1090.81% to $3.2 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.2 billion, $272.0 million, and $1.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 1.93 Bn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 4.00 Mn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Cheniere Energy Partners | 32.84 Bn | 32.40 Bn | 1.82 Bn | 1.24 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.24 Bn |
| 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 |