Cheniere Energy Partners, L.P. (CQP: Quote) reported second-quarter net loss of $24.9 million, wider than $6.9 million in the comparable quarter last year. Net income for the latest quarter was $0.17 per unit, compared to $0.32 per unit for the year-ago quarter.
Total revenues for the quarter fell to $61.40 million from $73.61 million a year ago.
The company said estimates that the annualized distribution to common unitholders for fiscal year 2012 will be $1.70 per unit. The company will pay a cash distribution per common unit of $0.425 to unitholders of record as of August 1, and the related general partner distribution on August 14, 2012.
Click here to receive FREE breaking news email alerts for cheniere energy partners l.p. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News