Cheniere Energy Partners reports Q1 EPS $3.50, consensus 98c

Reports Q1 revenue $2.92B, consensus $2.8B.Net income increased by approximately $1.8B during the three months ended March 31 as compared to the three months ended March 31. The increase was primarily due to non-cash favorable changes in fair value of commodity derivatives and increased volumes of LNG delivered, partially offset by lower regasification revenues related to the previously announced early termination of the Terminal Use Agreement between Sabine Pass LNG, L.P. and Chevron.