$CQP
Cheniere Energy Partners, L.P. Stock $cqp

$cqp Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 8-K Financial Statement

#000138365018000026 Filed on June 15, 2018

Income Statement

Concept	2016 Q4	2015
Revenue	$551.0M	$270.0M
YoY Change	719.06%	0.48%
Cost Of Revenue	$262.2M	-$31.00M
YoY Change	1086.43%	8964.33%
Gross Profit	$288.4M	$301.0M
YoY Change	539.47%	11.88%
Gross Profit Margin	52.34%	111.48%
Selling, General & Admin	$25.50M	$137.4M
YoY Change	-43.83%	19.26%
% of Gross Profit	8.84%	45.64%
Research & Development	$0.00	$3.000M
YoY Change	-100.0%	-67.81%
% of Gross Profit	0.0%	1.0%
Depreciation & Amortization	$63.60M	$66.00M
YoY Change	251.38%	12.63%
% of Gross Profit	22.05%	21.93%
Operating Expenses	$89.00M	$267.0M
YoY Change	39.28%	-0.44%
Operating Profit	$199.0M	$3.000M
YoY Change	-1161.96%	482.52%
Interest Expense	-$96.30M	$185.0M
YoY Change	157.49%	4.5%
% of Operating Profit	-48.39%	6166.67%
Other Income/Expense, Net	$500.0K	-$322.0M
YoY Change	400.0%	-21.57%
Pretax Income	$85.30M	-$318.9M
YoY Change	-252.32%	-22.22%
Income Tax
% Of Pretax Income
Net Earnings	$86.00M	-$319.0M
YoY Change	-253.46%	-22.2%
Net Earnings / Revenue	15.61%	-118.15%
Basic Earnings Per Share	$0.07
Diluted Earnings Per Share	$0.07	-$944.0K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q4	2015
SHORT-TERM ASSETS
Cash & Short-Term Investments	$0.00	$146.2M
YoY Change	-100.0%	-41.28%
Cash & Equivalents	$0.00	$146.2M
Short-Term Investments
Other Short-Term Assets	$29.00M	$288.7M
YoY Change	104.48%	40.16%
Inventory	$97.00M	$16.67M
Prepaid Expenses
Receivables	$225.0M	$41.11M
Other Receivables	$2.000M	$741.0K
Total Short-Term Assets	$958.0M	$493.5M
YoY Change	94.13%	1.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$14.16B	$11.93B
YoY Change	18.66%	32.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00
YoY Change
Other Assets	$222.0M	$408.1M
YoY Change	-4.32%	-55.79%
Total Long-Term Assets	$14.58B	$12.34B
YoY Change	18.19%	24.63%
TOTAL ASSETS
Total Short-Term Assets	$958.0M	$493.5M
Total Long-Term Assets	$14.58B	$12.34B
Total Assets	$15.54B	$12.83B
YoY Change	21.11%	23.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$27.00M	$16.41M
YoY Change	64.56%	82.3%
Accrued Expenses	$418.0M	$224.3M
YoY Change	86.36%	63.72%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$224.0M	$1.673B
YoY Change	-86.61%
Total Short-Term Liabilities	$856.0M	$2.063B
YoY Change	-58.51%	859.54%
LONG-TERM LIABILITIES
Long-Term Debt	$14.21B	$10.02B
YoY Change	41.83%	11.43%
Other Long-Term Liabilities	$0.00	$38.88M
YoY Change	-100.0%	-23.76%
Total Long-Term Liabilities	$14.21B	$10.06B
YoY Change	41.83%	11.23%
TOTAL LIABILITIES
Total Short-Term Liabilities	$856.0M	$2.063B
Total Long-Term Liabilities	$14.21B	$10.06B
Total Liabilities	$15.07B	$12.12B
YoY Change	24.69%	30.93%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$443.0M	$712.9M
YoY Change
Total Liabilities & Shareholders Equity	$15.54B	$12.83B
YoY Change	21.11%	23.54%

Cashflow Statement

Concept	2016 Q4	2015
OPERATING ACTIVITIES
Net Income	$86.00M	-$319.0M
YoY Change	-253.46%	-22.2%
Depreciation, Depletion And Amortization	$63.60M	$66.00M
YoY Change	251.38%	12.63%
Cash From Operating Activities	$41.80M	-$171.0M
YoY Change	533.33%	24.78%
INVESTING ACTIVITIES
Capital Expenditures	-$431.1M	$2.913B
YoY Change	-44.81%	10.11%
Acquisitions		$0.00
YoY Change
Other Investing Activities	$700.0K	$62.00M
YoY Change	-99.91%	59.47%
Cash From Investing Activities	-$430.4M	-$2.975B
YoY Change	7194.92%	10.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$0.00
YoY Change		-100.0%
Cash From Financing Activities	398.2M	$2.591B
YoY Change	-1692.8%	17.41%
NET CHANGE
Cash From Operating Activities	41.80M	-$171.0M
Cash From Investing Activities	-430.4M	-$2.975B
Cash From Financing Activities	398.2M	$2.591B
Net Change In Cash	9.600M	-$555.0M
YoY Change	-139.51%	-9.72%
FREE CASH FLOW
Cash From Operating Activities	$41.80M	-$171.0M
Capital Expenditures	-$431.1M	$2.913B
Free Cash Flow	$472.9M	-$3.084B
YoY Change	-39.96%	10.83%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2016	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	98000000	USD
CY2017	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	62000000	USD
CY2015	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-4000000	USD
CY2016	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	42000000	USD
CY2017	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	34000000	USD
CY2015	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	15000000	USD
CY2016	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	11000000	USD
CY2017	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-42000000	USD
CY2015	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	25000000	USD
CY2016	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	58000000	USD
CY2017	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-13000000	USD
CY2015	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	11000000	USD
CY2016	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	7000000	USD
CY2017	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	5000000	USD
CY2015	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	523000000	USD
CY2016	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	484000000	USD
CY2017	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	288000000	USD
CY2015	us-gaap	Interest Costs Incurred InterestCostsIncurred	708000000	USD
CY2016	us-gaap	Interest Costs Incurred InterestCostsIncurred	841000000	USD
CY2017	us-gaap	Interest Costs Incurred InterestCostsIncurred	902000000	USD
CY2015	us-gaap	Interest Expense InterestExpense	185000000	USD
CY2016	us-gaap	Interest Expense InterestExpense	357000000	USD
CY2017	us-gaap	Interest Expense InterestExpense	614000000	USD
CY2015	us-gaap	Interest Paid Net InterestPaidNet	136000000	USD
CY2016	us-gaap	Interest Paid Net InterestPaidNet	242000000	USD
CY2017	us-gaap	Interest Paid Net InterestPaidNet	510000000	USD
CY2016Q4	us-gaap	Interest Payable Current InterestPayableCurrent	205000000	USD
CY2017Q4	us-gaap	Interest Payable Current InterestPayableCurrent	253000000	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	97000000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	95000000	USD
CY2015	us-gaap	Inventory Write Down InventoryWriteDown	18000000	USD
CY2016	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
CY2017	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
CY2017	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
CY2015	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	10000000	USD
CY2016	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	11000000	USD
CY2017	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	13000000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	15542000000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17553000000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	856000000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	829000000	USD
CY2016	us-gaap	Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest	0.02
CY2017	us-gaap	Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest	0.02
CY2016Q4	us-gaap	Long Term Debt LongTermDebt	14209000000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	16046000000	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	12150000000	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	0	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	1000000000	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	2000000000	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1035000000	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	55000000	USD
CY2016Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	14209000000	USD
CY2017Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	16046000000	USD
CY2017Q4	us-gaap	Loss Contingency Pending Claims Number LossContingencyPendingClaimsNumber	0	item
CY2015	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2591000000	USD
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2524000000	USD
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1297000000	USD
CY2015	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2975000000	USD
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2353000000	USD
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1290000000	USD
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-171000000	USD
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	0	USD
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	977000000	USD
CY2015	us-gaap	Net Income Loss NetIncomeLoss	-319000000	USD
CY2016	us-gaap	Net Income Loss NetIncomeLoss	-171000000	USD
CY2017	us-gaap	Net Income Loss NetIncomeLoss	490000000	USD
CY2015	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-322000000	USD
CY2016	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-421000000	USD
CY2017	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-666000000	USD
CY2017	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	unit
CY2015	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	0	USD
CY2016	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	539000000	USD
CY2017	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	2635000000	USD
CY2015	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	62000000	USD
CY2016	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	127000000	USD
CY2017	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	292000000	USD
CY2015	us-gaap	Operating Expenses OperatingExpenses	267000000	USD
CY2016	us-gaap	Operating Expenses OperatingExpenses	850000000	USD
CY2017	us-gaap	Operating Expenses OperatingExpenses	3148000000	USD
CY2015	us-gaap	Operating Income Loss OperatingIncomeLoss	3000000	USD
CY2016	us-gaap	Operating Income Loss OperatingIncomeLoss	250000000	USD
CY2017	us-gaap	Operating Income Loss OperatingIncomeLoss	1156000000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	55000000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	2000000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	2000000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	2000000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	2000000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	2000000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	45000000	USD
CY2016Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2000000	USD
CY2017Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	0	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	29000000	USD
CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	65000000	USD
CY2016Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	18000000	USD
CY2017Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	8000000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	222000000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	206000000	USD
CY2015	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	0	USD
CY2016	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	0	USD
CY2017	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	2000000	USD
CY2016Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	0	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	10000000	USD
CY2015	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	USD
CY2016	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1000000	USD
CY2017	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-8000000	USD
CY2015	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1000000	USD
CY2016	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2000000	USD
CY2017	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	11000000	USD
CY2016Q4	us-gaap	Other Receivables Gross Current OtherReceivablesGrossCurrent	2000000	USD
CY2017Q4	us-gaap	Other Receivables Gross Current OtherReceivablesGrossCurrent	6000000	USD
CY2015	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	7000000	USD
CY2016	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	4000000	USD
CY2017	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	20000000	USD
CY2014Q4	us-gaap	Partners Capital PartnersCapital	1131000000	USD
CY2015Q4	us-gaap	Partners Capital PartnersCapital	713000000	USD
CY2016Q4	us-gaap	Partners Capital PartnersCapital	443000000	USD
CY2017Q4	us-gaap	Partners Capital PartnersCapital	639000000	USD
CY2015	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	99000000	USD
CY2016	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	99000000	USD
CY2017	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	294000000	USD
CY2017	us-gaap	Partners Capital Account Exchanges And Conversions PartnersCapitalAccountExchangesAndConversions	0	USD
CY2015	us-gaap	Payments For Proceeds From Businesses And Interest In Affiliates PaymentsForProceedsFromBusinessesAndInterestInAffiliates	0	USD
CY2016	us-gaap	Payments For Proceeds From Businesses And Interest In Affiliates PaymentsForProceedsFromBusinessesAndInterestInAffiliates	0	USD
CY2017	us-gaap	Payments For Proceeds From Businesses And Interest In Affiliates PaymentsForProceedsFromBusinessesAndInterestInAffiliates	0	USD
CY2015	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	62000000	USD
CY2016	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	38000000	USD
CY2017	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
CY2015	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	99000000	USD
CY2016	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	99000000	USD
CY2017	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	294000000	USD
CY2015	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	0	USD
CY2016	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	14000000	USD
CY2017	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	0	USD
CY2015	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	170000000	USD
CY2016	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	115000000	USD
CY2017	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	50000000	USD
CY2015	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	0	USD
CY2016	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	0	USD
CY2017	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	0	USD
CY2015	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2913000000	USD
CY2016	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2315000000	USD
CY2017	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1290000000	USD
CY2015	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	0	USD
CY2016	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	0	USD
CY2017	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	0	USD
CY2015	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	2860000000	USD
CY2016	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	8003000000	USD
CY2017	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	3814000000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14158000000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15139000000	USD
CY2015	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2016	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2017	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2016Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	90000000	USD
CY2017Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	191000000	USD
CY2015	us-gaap	Related Party Costs RelatedPartyCosts	0	USD
CY2016	us-gaap	Related Party Costs RelatedPartyCosts	2000000	USD
CY2017	us-gaap	Related Party Costs RelatedPartyCosts	0	USD
CY2015	us-gaap	Related Party Transaction Other Revenues From Transactions With Related Party RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty	4000000	USD
CY2016	us-gaap	Related Party Transaction Other Revenues From Transactions With Related Party RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty	4000000	USD
CY2017	us-gaap	Related Party Transaction Other Revenues From Transactions With Related Party RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty	0	USD
CY2015	us-gaap	Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty	122000000	USD
CY2016	us-gaap	Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty	90000000	USD
CY2017	us-gaap	Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty	80000000	USD
CY2015	us-gaap	Repayments Of Debt RepaymentsOfDebt	0	USD
CY2016	us-gaap	Repayments Of Debt RepaymentsOfDebt	5251000000	USD
CY2017	us-gaap	Repayments Of Debt RepaymentsOfDebt	2173000000	USD
CY2015	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3000000	USD
CY2016	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	0	USD
CY2017	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3000000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	605000000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	1589000000	USD
CY2015	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	270000000	USD
CY2016	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1096000000	USD
CY2017	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	4284000000	USD
CY2015	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	0	USD
CY2016	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	294000000	USD
CY2017	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	1389000000	USD
CY2017Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	58600000000	USD
CY2015	us-gaap	Revenues Revenues	270000000	USD
CY2016	us-gaap	Revenues Revenues	1100000000	USD
CY2017	us-gaap	Revenues Revenues	4304000000	USD
CY2015	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	259000000	USD
CY2016	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	259000000	USD
CY2017	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	260000000	USD
CY2015	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	-418000000	USD
CY2016	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	-270000000	USD
CY2017	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	-24000000	USD
CY2015	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	57100000	shares
CY2016	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	57100000	shares
CY2017	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	178500000	shares
CY2017	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject us to a concentration of credit risk consist principally of cash and cash equivalents and restricted cash. We maintain cash balances at financial institutions, which may at times be in excess of federally insured levels. We have not incurred losses related to these balances to date.</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The use of derivative instruments exposes us to counterparty credit risk, or the risk that a counterparty will be unable to meet its commitments. Our interest rate derivative instruments are placed with investment grade financial institutions whom we believe are acceptable credit risks. Certain of our commodity derivative transactions are executed through over-the-counter contracts which are subject to nominal credit risk as these transactions are settled on a daily margin basis with investment grade financial institutions. Collateral deposited for such contracts is recorded as other current asset. We monitor counterparty creditworthiness on an ongoing basis; however, we cannot predict sudden changes in counterparties’ creditworthiness. In addition, even if such changes are not sudden, we may be limited in our ability to mitigate an increase in counterparty credit risk. Should one of these counterparties not perform, we may not realize the benefit of some of our derivative instruments.</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">SPL has entered into </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> fixed price SPAs with terms of at least </font><font style="font-family:inherit;font-size:10pt;">20</font><font style="font-family:inherit;font-size:10pt;"> years with </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> unaffiliated third parties. SPL is dependent on the respective customers’ creditworthiness and their willingness to perform under their respective SPAs. See </font><a style="font-family:inherit;font-size:10pt;" href="#s251267D7A19B520287D3EE76D35AF228"><font style="font-family:inherit;font-size:10pt;">Note 17—Customer Concentration</font></a><font style="font-family:inherit;font-size:10pt;"> for additional details about our customer concentration.</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">SPLNG has entered into </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> long-term TUAs with unaffiliated third parties for regasification capacity at the Sabine Pass LNG terminal. SPLNG is dependent on the respective customers’ creditworthiness and their willingness to perform under their respective TUAs. SPLNG has mitigated this credit risk by securing TUAs for a significant portion of its regasification capacity with creditworthy third-party customers with a minimum Standard & Poor’s rating of A. </font></div></div>
CY2017	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ORGANIZATION AND NATURE OF OPERATIONS</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We are a publicly traded Delaware limited partnership (NYSE American: CQP) formed by Cheniere. </font><font style="font-family:inherit;font-size:10pt;color:#231f20;">T</font><font style="font-family:inherit;font-size:10pt;">hrough SPL, we are developing, constructing and operating </font><font style="font-family:inherit;font-size:10pt;color:#231f20;">natural gas liquefaction facilities </font><font style="font-family:inherit;font-size:10pt;">(the “Liquefaction Project”)</font><font style="font-family:inherit;font-size:10pt;color:#231f20;"> at the Sab</font><font style="font-family:inherit;font-size:10pt;">ine Pass LNG terminal located in Cameron Parish, Louisiana, on the Sabine-Neches Waterway less than four miles from the Gulf Coast. We plan to construct up to </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> Trains, which are in various stages of development, construction and operations. Trains 1 through 4 are operational, Train 5 is under construction and Train 6 is being commercialized and has all necessary regulatory approvals in place. Each Train is expected to have a nominal production capacity, which is prior to adjusting for planned maintenance, production reliability and potential overdesign, of approximately </font><font style="font-family:inherit;font-size:10pt;">4.5</font><font style="font-family:inherit;font-size:10pt;"> mtpa and an adjusted nominal production capacity of approximately </font><font style="font-family:inherit;font-size:10pt;">4.3</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">4.6</font><font style="font-family:inherit;font-size:10pt;"> mtpa of LNG. Through our wholly owned subsidiary, SPLNG, we own and operate regasification facilities at</font><font style="font-family:inherit;font-size:10pt;color:#231f20;"> the Sabine Pass LNG terminal, which includes pre-existing infrastructure of </font><font style="font-family:inherit;font-size:10pt;color:#231f20;">five</font><font style="font-family:inherit;font-size:10pt;color:#231f20;"> LNG storage tanks with aggregate capacity of </font><font style="font-family:inherit;font-size:10pt;">approximately </font><font style="font-family:inherit;font-size:10pt;">16.9</font><font style="font-family:inherit;font-size:10pt;color:#231f20;"> Bcfe, </font><font style="font-family:inherit;font-size:10pt;color:#231f20;">two</font><font style="font-family:inherit;font-size:10pt;color:#231f20;"> marine berths that can each accommodate </font><font style="font-family:inherit;font-size:10pt;">vessels with nominal capacity of</font><font style="font-family:inherit;font-size:10pt;color:#231f20;"> up to </font><font style="font-family:inherit;font-size:10pt;color:#231f20;">266,000</font><font style="font-family:inherit;font-size:10pt;color:#231f20;"> cubic meters and vaporizers with regasification capacity of approximately </font><font style="font-family:inherit;font-size:10pt;color:#231f20;">4.0</font><font style="font-family:inherit;font-size:10pt;color:#231f20;"> Bcf/d.</font><font style="font-family:inherit;font-size:10pt;"> We also </font><font style="font-family:inherit;font-size:10pt;color:#231f20;">own </font><font style="font-family:inherit;font-size:10pt;">a </font><font style="font-family:inherit;font-size:10pt;">94</font><font style="font-family:inherit;font-size:10pt;">-mile pipeline that interconnects the Sabine Pass LNG terminal with a number of large interstate pipelines </font><font style="font-family:inherit;font-size:10pt;">(the “Creole Trail Pipeline”)</font><font style="font-family:inherit;font-size:10pt;"> through CTPL. </font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2017</font><font style="font-family:inherit;font-size:10pt;">, Cheniere owned </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> of our general partner interest and </font><font style="font-family:inherit;font-size:10pt;">82.7%</font><font style="font-family:inherit;font-size:10pt;"> of Cheniere Holdings, which owned </font><font style="font-family:inherit;font-size:10pt;">104.5 million</font><font style="font-family:inherit;font-size:10pt;"> of our common units and </font><font style="font-family:inherit;font-size:10pt;">135.4 million</font><font style="font-family:inherit;font-size:10pt;"> of our subordinated units.</font></div></div>
CY2017	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of Consolidated Financial Statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and the accompanying notes. Management evaluates its estimates and related assumptions regularly, including those related to the value of property, plant and equipment, derivative instruments, asset retirement obligations </font><font style="font-family:inherit;font-size:10pt;">(“AROs”)</font><font style="font-family:inherit;font-size:10pt;"> and fair value measurements. Changes in facts and circumstances or additional information may result in revised estimates, and actual results may differ from these estimates.</font></div></div>

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cqp-20180615.xml	Edgar Link	completed
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$CQP
Cheniere Energy Partners, L.P. Stock $cqp

2016 Q4 Form 8-K Financial Statement

#000138365018000026 Filed on June 15, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$CQP Cheniere Energy Partners, L.P. Stock $cqp

2016 Q4 Form 8-K Financial Statement

#000138365018000026 Filed on June 15, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CQP
Cheniere Energy Partners, L.P. Stock $cqp