CQP MLP — Cheniere Energy Partners LP

Cheniere Energy Partners LP (CQP)

Updated November 6, 2026.

CQP is an MLP. Its distribution rate is 6.21%, its trailing-12-month yield is 7.25%. Dividend Vision Distribution Safety Score™ is 86/100 (Safe). Total return is 1183.5% over the past 19.6 years, 553.1 points ahead of SPY at 630.4%.

Cheniere Energy Partners owns and operates the Sabine Pass LNG terminal in Louisiana, one of the world's largest liquefied natural gas export facilities, along with the Creole Trail Pipeline that supplies natural gas to the terminal. It distributes cash to unitholders quarterly at a moderate distribution rate. This master limited partnership appeals to income-focused investors seeking exposure to energy infrastructure and LNG export operations.

CQP performance versus SPY

As of Nov 5, 2026

Total return is 1183.5% over the past 19.6 years, 553.1 points ahead of SPY at 630.4%. Over the past year its total return — price change plus distributions reinvested — is 18.8%. Its deepest 1-year drawdown was 19.3%.

CQP key facts

Distribution Safety Score™

86 · Safe

Safety-Adjusted Yield

5.34%

Issuer

Cheniere Energy Partners

Asset type

MLP

Asset class

Equity

Distribution rate

6.21%

Distribution frequency

Quarterly

Trailing yield

7.25%

5-year average yield

6.42

Last close

$57.36 (as of 2026-11-06)

Market cap

$27,765,549,901

Average volume

125,191

Dividend

$0.89

Ex-dividend date

11/03/2026

Payment date

11/13/2026

Beta

0.276

Payout ratio

68.0%

P/E ratio

10.03

Forward P/E

15.90

EPS

$5.72

How Dividend Vision calculates yield and returns

Distribution rate (6.21%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (7.25%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Cheniere Energy Partners or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CQP risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 19.3%.

Who may consider CQP — and who may not

CQP may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (CQP pays quarterly). This is educational context, not a recommendation to buy or sell.

More on CQP

• All tickers starting with C

Tagged: MLP, LNG, Energy infrastructure, Infrastructure.

Frequently asked questions

More securities from Cheniere Energy Partners.