CQP (Cheniere Energy Partners LP) Construction In Progress: $222 Mil (As of Mar. 2026)


CQP Cheniere Energy Partners LP CQP
76 GF Score
Price $60.53
GF Value $62.13
Valuation Fairly Valued
! 11 Warning Signs
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What is Cheniere Energy Partners LP Construction In Progress?

Cheniere Energy Partners LP CQP +0.80% 76 Construction In Progress is $222 Mil as of Mar. 2026. GuruFocus rates CQP with a GF Score™ of 76/100 and a GF Value™ of $62.13 (Fairly Valued). The stock has 11 warning signs investors should review.

Cheniere Energy Partners LP's quarterly construction in progress increased from Sep. 2025 ($210 Mil) to Dec. 2025 ($214 Mil) and increased from Dec. 2025 ($214 Mil) to Mar. 2026 ($222 Mil).

Cheniere Energy Partners LP's annual construction in progress increased from Dec. 2023 ($189 Mil) to Dec. 2024 ($227 Mil) but then declined from Dec. 2024 ($227 Mil) to Dec. 2025 ($214 Mil).

Cheniere Energy Partners LP Construction In Progress Historical Data

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The historical data trend for Cheniere Energy Partners LP's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cheniere Energy Partners LP Construction In Progress Chart

Cheniere Energy Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,746.00 140.00 189.00 227.00 214.00

Cheniere Energy Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 214.00 196.00 210.00 214.00 222.00
CQP
76GF Score
Cheniere Energy Partners LP CQP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheniere Energy Partners LP Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $222 Mil mean?
Cheniere Energy Partners LP (CQP) has a Construction In Progress of $222 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Cheniere Energy Partners LP and its competitors.
Is Cheniere Energy Partners LP's Construction In Progress too high?
Cheniere Energy Partners LP's current Construction In Progress is $222 Mil. Overall, Cheniere Energy Partners LP has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cheniere Energy Partners LP's Construction In Progress compare to VG and WES?
Cheniere Energy Partners LP's Construction In Progress of $222 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Cheniere Energy Partners LP and its competitors. Cheniere Energy Partners LP's current Construction In Progress is $222 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheniere Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Cheniere Energy Partners LP (CQP) is currently considered Fairly Valued. The stock's GF Value™ is $62.13, compared to a current price of $60.53 — trading 2.6% below its estimated fair value. The current Construction In Progress is $222 Mil. Cheniere Energy Partners LP's overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Cheniere Energy Partners LP (CQP), the current Construction In Progress is $222 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cheniere Energy Partners LP (CQP) Overvalued in 2026?

Based on GuruFocus' analysis, Cheniere Energy Partners LP stock appears to be undervalued. The current stock price of $60.53 is trading 2.6% below its estimated GF Value™ of $62.13. GuruFocus considers Cheniere Energy Partners LP to be Fairly Valued.

Key valuation signals for CQP:

  • Construction In Progress: $222 Mil
  • GF Value™: $62.13 vs. price of $60.53 (2.6% below fair value)
  • GF Score™: 76/100 with 11 warning signs

No single metric tells the full story. See the CQP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cheniere Energy Partners LP Business Description

Industry EnergyOil & Gas
Address 845 Texas Avenue, Suite 1250, Houston, TX, USA, 77002
Cheniere Energy Partners is a liquified natural gas producer operating one facility in Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed- and variable-fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. The profit generated through those activities is split with parent and operator Cheniere Energy.
76GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$60.53
Price
$62.13
GF Value