About Cheniere Energy Partners LP (NYSE:CQP)
Cheniere Energy Partners, L.P. (Cheniere Partners) is a limited partnership formed by Cheniere Energy, Inc (Cheniere). The Company operates through liquefaction and regasification operations at the Sabine Pass LNG terminal segment. Through its subsidiary, Sabine Pass Liquefaction, LLC (SPL), it is developing, constructing and operating natural gas liquefaction facilities (the Liquefaction Project) at the Sabine Pass LNG terminal located in Cameron Parish, Louisiana, on the Sabine-Neches Waterway less than four miles from the Gulf Coast. Through its subsidiary, Sabine Pass LNG, L.P., it owns and operates regasification facilities at the Sabine Pass LNG terminal, which includes existing infrastructure of five LNG storage tanks with capacity of approximately 16.9 billion cubic feet equivalent, two marine berths that can accommodate vessels with nominal capacity of up to 266,000 cubic meters and vaporizers with regasification capacity of approximately four billion cubic feet per day.
Industry, Sector and Symbol:
- Market Cap: $13.66 billion
- Outstanding Shares: 483,998,000
- 50 Day Moving Avg: $28.00
- 200 Day Moving Avg: $30.19
- 52 Week Range: $25.97 - $33.47
Sales & Book Value:
- Trailing P/E Ratio: 99.02
- Foreward P/E Ratio: 11.57
- P/E Growth: 0.00
- Annual Revenue: $2.77 billion
- Price / Sales: 4.93
- Book Value: $1.40 per share
- Price / Book: 20.16
- EBITDA: $926.06 million
- Net Margins: 4.64%
- Return on Equity: 39.76%
- Return on Assets: 1.08%
- Average Volume: 250,889 shs.
- Short Ratio: 6.41
Frequently Asked Questions for Cheniere Energy Partners LP (NYSE:CQP)
What is Cheniere Energy Partners LP's stock symbol?
Cheniere Energy Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "CQP."
How often does Cheniere Energy Partners LP pay dividends? What is the dividend yield for Cheniere Energy Partners LP?
Cheniere Energy Partners LP announced a quarterly dividend on Friday, July 21st. Investors of record on Tuesday, August 1st will be paid a dividend of $0.425 per share on Friday, August 11th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date of this dividend is Friday, July 28th. View Cheniere Energy Partners LP's Dividend History.
How were Cheniere Energy Partners LP's earnings last quarter?
Cheniere Energy Partners LP (NYSE:CQP) released its quarterly earnings results on Tuesday, August, 8th. The company reported ($3.71) EPS for the quarter, missing the Zacks' consensus estimate of $0.48 by $4.19. The business had revenue of $992 million for the quarter, compared to analysts' expectations of $771.91 million. Cheniere Energy Partners LP had a net margin of 4.64% and a return on equity of 39.76%. View Cheniere Energy Partners LP's Earnings History.
When will Cheniere Energy Partners LP make its next earnings announcement?
Where is Cheniere Energy Partners LP's stock going? Where will Cheniere Energy Partners LP's stock price be in 2017?
7 equities research analysts have issued 1 year target prices for Cheniere Energy Partners LP's stock. Their forecasts range from $32.00 to $38.00. On average, they anticipate Cheniere Energy Partners LP's stock price to reach $34.14 in the next twelve months. View Analyst Ratings for Cheniere Energy Partners LP.
Are investors shorting Cheniere Energy Partners LP?
Cheniere Energy Partners LP saw a decline in short interest during the month of September. As of September 29th, there was short interest totalling 1,052,534 shares, a decline of 17.5% from the September 15th total of 1,276,315 shares. Based on an average daily volume of 244,119 shares, the days-to-cover ratio is presently 4.3 days. Currently, 2.6% of the company's shares are sold short.
Who are some of Cheniere Energy Partners LP's key competitors?
Some companies that are related to Cheniere Energy Partners LP include Williams Companies, Inc. (The) (WMB), ONEOK (OKE), Sunoco Logistics Partners LP (ETP), Magellan Midstream Partners L.P. (MMP), Plains All American Pipeline, L.P. (PAA), MPLX LP (MPLX), Spectra Energy Partners, LP (SEP), Pembina Pipeline Corp. (PBA), Targa Resources (TRGP), Buckeye Partners L.P. (BPL), Enable Midstream Partners, LP (ENBL), EQT Midstream Partners, LP (EQM), EnLink Midstream Partners, LP (ENLK), Phillips 66 Partners LP (PSXP), Shell Midstream Partners, L.P. (SHLX), Tesoro Logistics LP (ANDX), Andeavor Logistics LP (ANDX) and Enbridge Energy, L.P. (EEP).
Who are Cheniere Energy Partners LP's key executives?
Cheniere Energy Partners LP's management team includes the folowing people:
- Jack A. Fusco, Chairman of the Board, Chief Executive Officer of the General Partner
- Michael J. Wortley, Chief Financial Officer, Senior Vice President, Director Cheniere Energy Partners GP, LLC,
- Eric Bensaude, Director of the General Partner
- Philip Meier, Director of the General Partner GP,LLC
- John-Paul Munfa, Director of the General Partner
- Doug Shanda, Director of the General Partner
- Jamie Welch, Director of Cheniere Energy Partners GP, LLC, the General Partner
Who owns Cheniere Energy Partners LP stock?
Who bought Cheniere Energy Partners LP stock? Who is buying Cheniere Energy Partners LP stock?
How do I buy Cheniere Energy Partners LP stock?
Shares of Cheniere Energy Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cheniere Energy Partners LP's stock price today?
MarketBeat Community Rating for Cheniere Energy Partners LP (NYSE CQP)MarketBeat's community ratings are surveys of what our community members think about Cheniere Energy Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Cheniere Energy Partners LP stock can currently be purchased for approximately $28.22.
Consensus Ratings for Cheniere Energy Partners LP (NYSE:CQP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.43)|
|Consensus Price Target: ||$34.14 (20.99% upside)|Consensus Price Target History for Cheniere Energy Partners LP (NYSE:CQP)
Analysts' Ratings History for Cheniere Energy Partners LP (NYSE:CQP)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Royal Bank Of Canada||Lower Price Target||Outperform||$35.00 -> $32.00||N/A|
|9/25/2017||BMO Capital Markets||Initiated Coverage||Outperform||$32.00||Medium|
|7/22/2017||Scotiabank||Set Price Target||Hold||$34.00||Low|
|7/18/2017||Barclays PLC||Downgrade||Overweight -> Equal Weight||$34.00||Low|
|6/13/2017||Morgan Stanley||Downgrade||Overweight -> Equal Weight||$33.00||Medium|
|5/16/2017||Sanford C. Bernstein||Initiated Coverage||Market Perform -> Positive||$32.00 -> $38.00||Medium|
Earnings History for Cheniere Energy Partners LP (NYSE:CQP)Earnings History by Quarter for Cheniere Energy Partners LP (NYSE CQP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q2 2017||$0.48||($3.71)||$771.91 million||$992.00 million||View||Listen|
|5/4/2017||Q1 2017||$0.91||$0.80||$425.16 million||$891.00 million||View||N/A|
Earnings Estimates for Cheniere Energy Partners LP (NYSE:CQP)
Current Year EPS Consensus Estimate: $0.33 EPS
Next Year EPS Consensus Estimate: $2.44 EPS
Current Dividend Information for Cheniere Energy Partners LP (NYSE:CQP)
|Most Recent Dividend:||8/11/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||515.15% (Based on This Year's Estimates)|
69.67% (Based on Next Year's Estimates)
Dividend History by Quarter for Cheniere Energy Partners LP (NYSE CQP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Cheniere Energy Partners LP (NYSE:CQP)Insider Trades by Quarter for Cheniere Energy Partners LP (NYSE:CQP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/29/2017||Michael J. Wortley||CFO||Sell||5,000||$32.11||$160,550.00|| |
Headline Trends for Cheniere Energy Partners LP (NYSE:CQP)
Latest Headlines for Cheniere Energy Partners LP (NYSE:CQP)
Cheniere Energy Partners LP (CQP) Chart for Saturday, October, 21, 2017