NYSE:CQP

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

$48.66
-0.67 (-1.36%)
(As of 04/22/2024 ET)
Today's Range
$48.52
$49.38
50-Day Range
$46.15
$61.74
52-Week Range
$43.42
$62.34
Volume
237,801 shs
Average Volume
176,594 shs
Market Capitalization
$23.55 billion
P/E Ratio
7.00
Dividend Yield
6.37%
Price Target
$49.20

Cheniere Energy Partners MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.60 Rating Score
Upside/​Downside
1.1% Upside
$49.20 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.29mentions of Cheniere Energy Partners in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.39%
From $3.56 to $3.93 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.

0.80 out of 5 stars

Oils/Energy Sector

224th out of 236 stocks

Natural Gas Distribution Industry

11th 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

Cheniere Energy Partners (NYSE:CQP) PT Lowered to $45.00
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Gulfport Energy Corp
Cheniere Energy Partners, L.P. 2023 Annual Report
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Bernstein Reaffirms Their Hold Rating on Cheniere Energy Partners (CQP)
LNG Mar 2024 160.000 call
Recap: Cheniere Energy Partners Q4 Earnings
Cheniere Energy Partners LP
Biden LNG Permit Delay Isn’t Denting Natural Gas Boom
See More Headlines
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Company Calendar

Ex-Dividend for 2/14 Dividend
2/06/2024
Dividend Payable
2/14/2024
Last Earnings
2/22/2024
Today
4/23/2024
Next Earnings (Estimated)
5/07/2024
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
$49.20
High Stock Price Target
$57.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+1.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.60
Research Coverage
5 Analysts

Profitability

Net Income
$4.25 billion
Pretax Margin
44.02%

Debt

Sales & Book Value

Annual Sales
$9.66 billion
Cash Flow
$5.73 per share
Book Value
($1.59) per share

Miscellaneous

Free Float
N/A
Market Cap
$23.55 billion
Optionable
Optionable
Beta
0.68
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Key Executives

  • Mr. Jack A. Fusco (Age 62)
    Chairman, President & CEO of Cheniere Energy Partners GP LLC
  • Mr. J. Corey Grindal (Age 52)
    Executive VP, COO & 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
  • Eben Burnham-Snyder
    Vice President of Public Affairs - Cheniere Energy Partners GP LLC
  • Hilary Ware
    Chief Human Resources Officer of Cheniere Energy Partners GP LLC

CQP Stock Analysis - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cheniere Energy Partners in the last year. There are currently 3 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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?

5 brokerages have issued 12 month target prices for Cheniere Energy Partners' stock. Their CQP share price targets range from $43.00 to $57.00. On average, they expect the company's stock price to reach $49.20 in the next year. This suggests a possible upside of 1.1% 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 on January 1st, 2024. Since then, CQP shares have decreased by 8.0% and is now trading at $48.66.
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 Tuesday, May 7th 2024.
View our CQP earnings forecast
.

How were Cheniere Energy Partners' earnings last quarter?

Cheniere Energy Partners, L.P. (NYSE:CQP) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.25. The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.60 billion. Cheniere Energy Partners had a net margin of 44.02% and a negative trailing twelve-month return on equity of 292.30%.

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

Cheniere Energy Partners declared a quarterly dividend on Friday, January 26th. Shareholders of record on Wednesday, February 7th will be given a dividend of $0.775 per share on Wednesday, February 14th. This represents a $3.10 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend is Tuesday, February 6th. This is an increase from the stock's previous quarterly dividend of $0.62.
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 6.28%. CQP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CQP will have a dividend payout ratio of 78.88% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CQP.

Who are Cheniere Energy Partners' major shareholders?

Cheniere Energy Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Miller Howard Investments Inc. NY (0.02%), Maryland State Retirement & Pension System (0.01%), GraniteShares Advisors LLC (0.01%), Hennessy Advisors Inc. (0.01%), Wealthstar Advisors LLC (0.00%) and PFG Investments LLC (0.00%). 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 4/23/2024 by MarketBeat.com Staff

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