Cheniere Energy Partners, L.P. (CQP) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to the second quarter 2025 Cheniere Energy Earnings Call and Webcast. Today's conference is being recorded. At this time, I'd like to turn the conference over to Randy Batia, Vice President of Investor Relations. Please go ahead. Thank you, Operator, and good morning, everyone. Welcome to Cheniere's second quarter 2025 Earnings Conference Call. The slide presentation and access to the webcast for today's call are available at Cheniere.com. Joining me this morning are Jack Fusco, Cheniere's President and CEO, Anatole Fagan, Executive Vice President and Chief Commercial Officer, and Zach Davis, Executive Vice President and CFO. Before we begin, I would like to remind all listeners that our remarks, including answers to your questions, may contain forward-looking statements, and actual results could differ materially from what is described in these statements. Slide two of our presentation contains a discussion of those forward-looking statements and associated risks. In addition, we may include references to certain non-GAAP financial measures, such as Consolidated Adjusted EBITDA and Distributable Cash Flow. A reconciliation of these measures to the most comparable GAAP financial measure can be found in the appendix to the slide presentation. As part of our discussion of Cheniere's results, today's call may also include selected financial information and results for Cheniere Energy Partners LP or CQP. We do not intend to cover CQP's results separately from those of Cheniere Energy Inc. The call agenda is shown on slide three. Jack will begin with operating and financial highlights. Anatole will then provide an update on the LNG market, and Zach will review our financial results and 2025 guidance. After prepared remarks, we will open the call for Q&A. I'll ...