Earnings release
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November 4 , 2021 Cheniere Partners Reports Third Quarter Results and Provides Full Year 2022 Distribution Guidance HOUSTON -- ( BUSINESS WIRE ) -- Cheniere Energy Partners , L.P. ( " Cheniere Partners " ) ( NYSE American : CQP ) today announced its financial results for the third quarter of 2021 . HIGHLIGHTS • Net income of $ 381 million and $ 1.1 billion for the three and nine months ended September 30 , 2021 , respectively . • Adjusted EBITDA¹ of $ 738 million and $ 2.2 billion for the three and nine months ended September 30 , 2021 , respectively . • Declared a distribution of $ 0.680 per common unit that will be paid on November 12 , 2021 to unitholders of record as of November 5 , 2021 . • Reconfirming full year 2021 distribution guidance of $ 2.60 - $ 2.70 per unit . • Introducing full year 2022 distribution guidance of $ 3.00 - $ 3.25 per unit . • In September 2021 , feed gas was introduced into Train 6 of the SPL Project ( defined below ) as part of the commissioning process . Train 6 is expected to achieve substantial completion in the first quarter of 2022 . 2021 FULL YEAR DISTRIBUTION GUIDANCE Distribution per Unit 2022 FULL YEAR DISTRIBUTION GUIDANCE Distribution per Unit SUMMARY AND REVIEW OF FINANCIAL RESULTS ( in millions , except LNG data ) Revenues Net income ( loss ) Adjusted EBITDA¹ LNG exported : Number of cargoes Three Months Ended September 30 , % 2021 2020 Change 982 $ 2,324 $ 137 % $ 381 $ ( 67 ) nm $ 738 $ 86 CHENIERE 352 36 139 % 2021 $ 2.60 $ 2.70 2022 $ 3.00- $ 3.25 Nine Months Ended September 30 , 2021 2020 $ 6,176 $ 4,170 $ 1,123 $ 774 110 % $ 2,207 $ 1,990 % Change 48 % 45 % 11 % 262 186 41 %