NYSEAMERICAN:CQP

Cheniere Energy Partners - CQP Stock Forecast, Price & News

$59.51

+0.31 (+0.52%)

(As of 12/2/2022 12:00 AM ET)

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Today's Range: $58.09
▼
$59.72
50-Day Range: N/A
52-Week Range: $38.19
▼
$62.08

Volume: 128,665 shs
Average Volume: 245,825 shs
Market Capitalization: $28.80 billion

P/E Ratio: 19.90
Dividend Yield: 5.24%
Price Target: $52.38

Cheniere Energy Partners MarketRank™ Forecast

Analyst Rating: Hold
1.86 Rating Score
Upside/Downside: 12.0% Downside
$52.38 Price Target
Short Interest: Healthy
0.71% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 4.26%
From $3.52 to $3.67 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

0.9

Analyst's Opinion

Consensus Rating
Cheniere Energy Partners has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $52.38, Cheniere Energy Partners has a forecasted downside of 12.0% from its current price of $59.51.
Amount of Analyst Coverage
Cheniere Energy Partners has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.71% of the float of Cheniere Energy Partners has been sold short.
Short Interest Ratio / Days to Cover
Cheniere Energy Partners has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in Cheniere Energy Partners has recently decreased by 2.26%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
Cheniere Energy Partners is a leading dividend payer. It pays a dividend yield of 5.24%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cheniere Energy Partners has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of Cheniere Energy Partners is 103.68%. 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 84.47% in the coming year. This indicates that Cheniere Energy Partners may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CQP.

2.5

News and Social Media Coverage

News Sentiment
Cheniere Energy Partners has a news sentiment score of 1.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Cheniere Energy Partners this week, compared to 2 articles on an average week.
Search Interest
Only 10 people have searched for CQP on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Cheniere Energy Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cheniere Energy Partners insiders have not sold or bought any company stock.
Percentage Held by Institutions
46.25% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Cheniere Energy Partners are expected to grow by 4.26% in the coming year, from $3.52 to $3.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cheniere Energy Partners is 19.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cheniere Energy Partners is 19.90, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.87.
Price to Book Value per Share Ratio
Cheniere Energy Partners has a P/B Ratio of 41.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Cheniere Energy Partners (NYSEAMERICAN:CQP) Stock

Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates natural gas liquefaction and export facility at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana. The company's regasification facilities include five LNG storage tanks with an aggregate capacity of approximately 17 billion cubic feet equivalent; two marine berths that accommodate vessels with capacity of up to 266,000 cubic meters; and vaporizers with regasification capacity of approximately 4 billion cubic feet per day. It also owns a 94-mile pipeline that interconnects the Sabine Pass LNG terminal with various interstate pipelines. Cheniere Energy Partners GP, LLC serves as the general partner of the company. The company was founded in 2003 and is headquartered in Houston, Texas.

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CQP Stock News Headlines

November 28, 2022 | finance.yahoo.com

Natural Gas Spikes Above $7 After First Draw of the Season

November 21, 2022 | benzinga.com

Cheniere Energy Partners's Return On Capital Employed Insights

November 21, 2022 | finance.yahoo.com

Freezing Weather Pushes Up Heating Demand, Natural Gas Price