NYSEAMERICAN:CQP

Cheniere Energy Partners Stock Forecast, Price & News

$39.39

+0.14 (+0.36 %)

(As of 01/19/2021 12:24 PM ET)

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Today's Range

$39.25

Now: $39.39▼

$39.69

50-Day Range

$33.04

MA: $34.78▼

$37.58

52-Week Range

$17.75

Now: $39.39▼

$42.88

Volume2,555 shs

Average Volume207,408 shs

Market Capitalization$19.07 billion

P/E Ratio16.34

Dividend Yield6.62%

Beta1.1

Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana on the Sabine-Neches Waterway. The company's regasification facilities include infrastructure of five LNG storage tanks with capacity of approximately 17 billion cubic feet equivalent; two marine berths that accommodate vessels of up to 266,000 cubic meters; and vaporizers with regasification capacity of approximately 4.0 billion cubic feet per day. It also owns the Creole Trail Pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines. Cheniere Energy Partners GP, LLC serves as the general partner of the company. Cheniere Energy Partners, L.P. was founded in 2003 and is headquartered in Houston, Texas.

MarketRank^™

Overall MarketRank^™

2.00 out of 5 stars

1.0 Analyst's Opinion

Consensus Rating
Cheniere Energy Partners has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 3 buy ratings, 7 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.35, Cheniere Energy Partners has a forecasted downside of 7.7% from its current price of $39.39.
Amount of Analyst Coverage
Cheniere Energy Partners has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Cheniere Energy Partners has received 346 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cheniere Energy Partners has received 395 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cheniere Energy Partners has received 53.31% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cheniere Energy Partners and other stocks. Vote “Outperform” if you believe CQP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CQP will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Cheniere Energy Partners is a leading dividend payer. It pays a dividend yield of 6.62%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cheniere Energy Partners has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Cheniere Energy Partners is 115.56%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Cheniere Energy Partners will have a dividend payout ratio of 105.69% in the coming year. This indicates that Cheniere Energy Partners may not be able to sustain their current dividend.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cheniere Energy Partners insiders have bought 559.63% more of their company's stock than they have sold. Specifically, they have bought $1,481,905.00 in company stock and sold $224,658.00 in company stock.
Percentage Held by Institutions
46.56% of the stock of Cheniere Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Cheniere Energy Partners are expected to grow by 8.37% in the coming year, from $2.27 to $2.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cheniere Energy Partners is 16.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cheniere Energy Partners is 16.34, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 23.34.
Price to Book Value per Share Ratio
Cheniere Energy Partners has a P/B Ratio of 27.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Natural gas distribution

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSEAMERICAN:CQP

Previous SymbolAMEX:CQP

CUSIPN/A

CIK1383650

Webwww.cheniere.com

Phone+1-713-3755000

Employees1,530

Debt

Debt-to-Equity Ratio36.76

Current Ratio2.45

Quick Ratio2.31

Price-To-Earnings

Trailing P/E Ratio16.34

Forward P/E Ratio17.35

P/E GrowthN/A

Sales & Book Value

Annual Sales$6.84 billion

Price / Sales2.79

Cash Flow$3.53 per share

Price / Cash Flow11.17

Book Value$1.45 per share

Price / Book27.17

Profitability

EPS (Most Recent Fiscal Year)$2.25

Net Income$1.18 billion

Net Margins20.10%

Return on Equity174.29%

Return on Assets6.59%

Miscellaneous

Outstanding Shares484,020,000

Market Cap$19.07 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

$39.39

+0.14 (+0.36 %)

(As of 01/19/2021 12:24 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Cheniere Energy Partners (NYSEAMERICAN:CQP) Frequently Asked Questions

How has Cheniere Energy Partners' stock price been impacted by COVID-19?

Cheniere Energy Partners' stock was trading at $28.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CQP stock has increased by 38.0% and is now trading at $39.39.
View which stocks have been most impacted by COVID-19.

Is Cheniere Energy Partners a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cheniere Energy Partners in the last year. There are currently 2 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Cheniere Energy Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CQP, but not buy additional shares or sell existing shares.
View analyst ratings for Cheniere Energy Partners or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Cheniere Energy Partners?

Wall Street analysts have given Cheniere Energy Partners a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cheniere Energy Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Cheniere Energy Partners' next earnings date?

Cheniere Energy Partners is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Cheniere Energy Partners.

How were Cheniere Energy Partners' earnings last quarter?

Cheniere Energy Partners, L.P. (NYSEAMERICAN:CQP) issued its earnings results on Friday, November, 6th. The energy company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.35. The energy company earned $982 million during the quarter, compared to analyst estimates of $1.33 billion. Cheniere Energy Partners had a return on equity of 174.29% and a net margin of 20.10%.
View Cheniere Energy Partners' earnings history.

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 Wednesday, October 28th. Investors of record on Friday, November 6th will be given a dividend of $0.65 per share on Friday, November 13th. This represents a $2.60 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date is Thursday, November 5th. This is an increase from Cheniere Energy Partners's previous quarterly dividend of $0.65.
View Cheniere Energy Partners' dividend history.

Is Cheniere Energy Partners a good dividend stock?

Cheniere Energy Partners pays an annual dividend of $2.60 per share and currently has a dividend yield of 6.62%. CQP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Cheniere Energy Partners has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Cheniere Energy Partners is 115.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Cheniere Energy Partners will have a dividend payout ratio of 105.69% in the coming year. This indicates that Cheniere Energy Partners may not be able to sustain their current dividend.
View Cheniere Energy Partners' dividend history.

What price target have analysts set for CQP?

12 brokers have issued 12 month target prices for Cheniere Energy Partners' shares. Their forecasts range from $31.00 to $41.50. On average, they expect Cheniere Energy Partners' stock price to reach $36.35 in the next year. This suggests that the stock has a possible downside of 7.7%.
View analysts' price targets for Cheniere Energy Partners or view Wall Street analyst' top-rated stocks.

Are investors shorting Cheniere Energy Partners?

Cheniere Energy Partners saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,560,000 shares, a decline of 23.2% from the December 15th total of 2,030,000 shares. Based on an average daily volume of 191,500 shares, the days-to-cover ratio is currently 8.1 days. Currently, 3.9% of the shares of the company are short sold.
View Cheniere Energy Partners' Short Interest.

Who are some of Cheniere Energy Partners' key competitors?

Some companies that are related to Cheniere Energy Partners include Engie (ENGIY), Cheniere Energy (LNG), Atmos Energy (ATO), New Fortress Energy (NFE), ENAGAS S A/ADR (ENGGY), Ultrapar Participações (UGP), National Fuel Gas (NFG), ONE Gas (OGS), New Jersey Resources (NJR), Spire (SR), South Jersey Industries (SJI), Northwest Natural (NWN), Just Energy Group (JE) and Stabilis Solutions (SLNG).
View all of CQP's competitors.

What other stocks do shareholders of Cheniere Energy Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cheniere Energy Partners investors own include Cheniere Energy (LNG), Energy Transfer (ET), Cheniere Energy Partners (CQH), Enterprise Products Partners (EPD), Prospect Capital (PSEC), Chembio Diagnostics (CEMI), Pfizer (PFE), AT&T (T), Brookfield Infrastructure Partners (BIP) and Cisco Systems (CSCO).

Who are Cheniere Energy Partners' key executives?

Cheniere Energy Partners' management team includes the following people:

Mr. Jack A. Fusco, Chairman, Pres & CEO of Cheniere Energy Partners GP LLC (Age 58)
Mr. Aaron D. Stephenson, Sr. VP of Operations & Director of Cheniere Energy Partners GP LLC (Age 64)
Mr. Zach Davis, Sr. VP, CFO & Director of Cheniere Energy Partners GP LLC (Age 36)
Mr. Leonard E. Travis C.M.A., CPA, VP & Chief Accounting Officer of Cheniere Energy Partners GP LLC (Age 57)
Mr. Michael Dove, VP & Chief Information Officer of Cheniere Energy Partners GP LLC
Mr. Tom Bullis, Exec. VP & Chief Admin. Officer of Cheniere Energy Partners GP LLC
Mr. Randy Bhatia, VP of Investor Relations - Cheniere Energy Partners GP LLC
Mr. Sean Nathaniel Markowitz, Exec. VP, Chief Legal Officer & Corp. Sec. of Cheniere Energy Partners GP LLC (Age 46)
Deanna L. Newcomb, Chief Compliance & Ethics Officer and VP of Internal Audit - Cheniere Energy Partners GP LLC
Eben Burnham-Snyder, VP of Public Affairs - Cheniere Energy Partners GP LLC

What is Cheniere Energy Partners' stock symbol?

Cheniere Energy Partners trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "CQP."

Who are Cheniere Energy Partners' major shareholders?

Cheniere Energy Partners' stock is owned by many different institutional and retail investors. Top institutional shareholders include Americana Partners LLC (0.00%) and Crescent Capital Consulting LLC (0.00%). Company insiders that own Cheniere Energy Partners stock include Bx Rockies Platform Co Llc, Cqp Common Holdco L Blackstone, Gso Holdings I Llc and James Robert Ball.
View institutional ownership trends for Cheniere Energy Partners.

Which institutional investors are selling Cheniere Energy Partners stock?

CQP stock was sold by a variety of institutional investors in the last quarter, including Americana Partners LLC.
View insider buying and selling activity for Cheniere Energy Partners or view top insider-selling stocks.

Which institutional investors are buying Cheniere Energy Partners stock?

CQP stock was acquired by a variety of institutional investors in the last quarter, including Crescent Capital Consulting LLC. Company insiders that have bought Cheniere Energy Partners stock in the last two years include Bx Rockies Platform Co Llc, Cqp Common Holdco L Blackstone, and Gso Holdings I Llc.
View insider buying and selling activity for Cheniere Energy Partners or or view top insider-buying stocks.

How do I buy shares of Cheniere Energy Partners?

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

What is Cheniere Energy Partners' stock price today?

One share of CQP stock can currently be purchased for approximately $39.39.

How big of a company is Cheniere Energy Partners?

Cheniere Energy Partners has a market capitalization of $19.07 billion and generates $6.84 billion in revenue each year. The energy company earns $1.18 billion in net income (profit) each year or $2.25 on an earnings per share basis. Cheniere Energy Partners employs 1,530 workers across the globe.

What is Cheniere Energy Partners' official website?

The official website for Cheniere Energy Partners is www.cheniere.com.

How can I contact Cheniere Energy Partners?

Cheniere Energy Partners' mailing address is 700 Milam St Ste 1900, HOUSTON, TX 77002-2806, United States. The energy company can be reached via phone at +1-713-3755000 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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