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NYSE:CQP

Cheniere Energy Partners (CQP) Stock Price, News & Analysis

$48.04
-0.68 (-1.40%)
(As of 06/14/2024 ET)
Today's Range
$47.11
$48.48
50-Day Range
$46.15
$51.12
52-Week Range
$45.03
$62.34
Volume
247,320 shs
Average Volume
186,495 shs
Market Capitalization
$23.26 billion
P/E Ratio
10.38
Dividend Yield
6.45%
Price Target
$49.00

Cheniere Energy Partners MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
2.3% Upside
$49.00 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-9.41%
From $4.57 to $4.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.52 out of 5 stars

Oils/Energy Sector

229th out of 238 stocks

Natural Gas Distribution Industry

12th out of 12 stocks

CQP stock logo

About Cheniere Energy Partners Stock (NYSE:CQP)

Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana. It also owns a natural gas supply pipeline that interconnects the Sabine Pass LNG terminal with various interstate pipelines. The company was founded in 2003 and is headquartered in Houston, Texas. Cheniere Energy Partners, L.P. is a subsidiary of Cheniere Energy, Inc.

CQP Stock Price History

CQP Stock News Headlines

3 Oil & Gas Stocks Poised for May Breakouts
Cheniere Energy Partners Reports Lower Profit, Revenue For Q1
Cheniere Partners Declares Quarterly Distributions
Gulfport Energy Corp
Cheniere Energy Partners, L.P. 2023 Annual Report
Bernstein Reaffirms Their Hold Rating on Cheniere Energy Partners (CQP)
LNG Mar 2024 160.000 call
Recap: Cheniere Energy Partners Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
5/03/2024
Ex-Dividend for 5/15 Dividend
5/08/2024
Dividend Payable
5/15/2024
Today
6/14/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Natural gas distribution
Sub-Industry
N/A
Employees
1,605
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$49.00
High Stock Price Target
$53.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+2.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
4 Analysts

Profitability

Net Income
$4.25 billion
Pretax Margin
33.19%

Debt

Sales & Book Value

Annual Sales
$9.66 billion
Cash Flow
$5.70 per share
Book Value
($1.59) per share

Miscellaneous

Free Float
N/A
Market Cap
$23.26 billion
Optionable
Optionable
Beta
0.67
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Key Executives

  • Mr. Jack A. Fusco (Age 62)
    Chairman, President & CEO of Cheniere Energy Partners GP LLC
  • Mr. Zach Davis (Age 39)
    Executive VP, CFO & Director of Cheniere Energy Partners GP LLC
  • Mr. J. Corey GrindalMr. J. Corey Grindal (Age 52)
    Executive VP, COO & Director
  • Mr. Taylor Johnson (Age 44)
    Senior VP, Deputy General Counsel & Director
  • Mr. David Slack (Age 43)
    VP & Chief Accounting Officer of Cheniere Energy Partners GP, LLC
  • Brandon Smith
    VP & Chief Information Officer of Cheniere Energy Partners GP LLC
  • Mr. Tom Bullis
    Executive VP & Chief Administrative Officer of Cheniere Energy Partners GP LLC
  • Mr. Randy Bhatia
    Vice President of Investor Relations - Cheniere Energy Partners GP LLC
  • Mr. Sean Nathaniel Markowitz (Age 50)
    Executive VP, Chief Legal Officer & Corporate Secretary of Cheniere Energy Partners GP LLC
  • Deanna L. Newcomb
    Chief Compliance & Ethics Officer and VP of Internal Audit - Cheniere Energy Partners GP LLC

CQP Stock Analysis - Frequently Asked Questions

Should I buy or sell Cheniere Energy Partners stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cheniere Energy Partners in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CQP shares.
View CQP analyst ratings
or view top-rated stocks.

What is Cheniere Energy Partners' stock price target for 2024?

4 analysts have issued twelve-month price objectives for Cheniere Energy Partners' stock. Their CQP share price targets range from $45.00 to $53.00. On average, they predict the company's stock price to reach $49.00 in the next year. This suggests a possible upside of 2.3% from the stock's current price.
View analysts price targets for CQP
or view top-rated stocks among Wall Street analysts.

How have CQP shares performed in 2024?

Cheniere Energy Partners' stock was trading at $52.92 at the beginning of 2024. Since then, CQP shares have decreased by 9.5% and is now trading at $47.88.
View the best growth stocks for 2024 here
.

When is Cheniere Energy Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our CQP earnings forecast
.

How were Cheniere Energy Partners' earnings last quarter?

Cheniere Energy Partners, L.P. (NYSE:CQP) issued its earnings results on Friday, May, 3rd. The company reported $1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.21. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $1.90 billion. Cheniere Energy Partners had a net margin of 33.19% and a negative trailing twelve-month return on equity of 275.07%. The company's revenue for the quarter was down 21.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.50 earnings per share.

How often does Cheniere Energy Partners pay dividends? What is the dividend yield for Cheniere Energy Partners?

Cheniere Energy Partners announced a quarterly dividend on Monday, April 29th. Stockholders of record on Thursday, May 9th will be given a dividend of $0.775 per share on Wednesday, May 15th. This represents a $3.10 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date of this dividend is Wednesday, May 8th.
Read our dividend analysis for CQP
.

Is Cheniere Energy Partners a good dividend stock?

Cheniere Energy Partners (NYSE:CQP) pays an annual dividend of $3.10 per share and currently has a dividend yield of 6.33%. CQP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 66.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CQP will have a dividend payout ratio of 74.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CQP.

Who are Cheniere Energy Partners' major shareholders?

Cheniere Energy Partners' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Energy Income Partners LLC (0.38%), Mirae Asset Global Investments Co. Ltd. (0.30%), Fairview Capital Investment Management LLC (0.13%), Mediolanum International Funds Ltd (0.02%), Miller Howard Investments Inc. NY (0.02%) and Texas Yale Capital Corp. (0.01%). Insiders that own company stock include Bx Rockies Platform Co Llc, Corey Grindal, Cqp Rockies Platform Llc, Holdings LP Blackstone III and James Robert Ball.
View institutional ownership trends
.

How do I buy shares of Cheniere Energy Partners?

Shares of CQP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CQP) was last updated on 6/14/2024 by MarketBeat.com Staff

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