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

Company Overview

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.

Key Stats

• Today's Range: $48.51 to $49.22
• 50-Day Range: $47.39 to $54.46
• 52-Week Range: $45.51 to $62.34
• Volume: 61,486 shs
• Average Volume: 172,249 shs
• Market Capitalization: $23.51 billion
• P/E Ratio: 10.49
• Dividend Yield: 6.38%
• Price Target: $49.25
• Consensus Rating: Reduce

Cheniere Energy Partners Stock Analysis - MarketRank™

Cheniere Energy Partners scored higher than 29% of companies evaluated by MarketBeat, and ranked 234th out of 257 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Cheniere Energy Partners has received a consensus rating of Reduce. The company's average rating score is 1.60, and is based on no buy ratings, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Cheniere Energy Partners has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -2.35%

Earnings Growth

Earnings for Cheniere Energy Partners are expected to decrease by -2.35% in the coming year, from $4.25 to $4.15 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cheniere Energy Partners is 10.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cheniere Energy Partners is 10.49, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.31.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.29% 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 4.5.

Change versus previous month

Short interest in Cheniere Energy Partners has recently increased by 0.87%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Cheniere Energy Partners is a leading dividend payer. It pays a dividend yield of 6.33%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Cheniere Energy Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cheniere Energy Partners is 66.95%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Cheniere Energy Partners will have a dividend payout ratio of 74.70% next year. This indicates that Cheniere Energy Partners will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.29% 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 4.5.

Change versus previous month

Short interest in Cheniere Energy Partners has recently increased by 0.87%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.54

News Sentiment

Cheniere Energy Partners has a news sentiment score of 0.54. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Cheniere Energy Partners this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for CQP on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

MarketBeat Follows

6 people have added Cheniere Energy Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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

46.55% 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.

CQP Stock Analysis - Frequently Asked Questions

How have CQP shares performed this year?

Cheniere Energy Partners' stock was trading at $52.92 at the start of the year. Since then, CQP stock has decreased by 8.2% and is now trading at $48.57.
View the best growth stocks for 2024 here.

How were Cheniere Energy Partners' earnings last quarter?

Cheniere Energy Partners, L.P. (NYSE:CQP) released its earnings results on Thursday, August, 8th. The company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. The firm earned $1.89 billion during the quarter, compared to the consensus estimate of $2.04 billion. Cheniere Energy Partners had a negative trailing twelve-month return on equity of 292.75% and a net margin of 32.76%.

Who are Cheniere Energy Partners' major shareholders?

Top institutional shareholders of Cheniere Energy Partners include Tortoise Capital Advisors L.L.C. (0.13%), Clearbridge Investments LLC (0.12%), Miller Howard Investments Inc. NY (0.02%) and Cetera Investment Advisers (0.01%). Insiders that own company stock include Cqp Rockies Platform Llc, Holdings LP Blackstone III, James Robert Ball, Bx Rockies Platform Co Llc and Corey Grindal.
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.

Company Calendar

• Ex-Dividend for 8/14 Dividend: 8/07/2024
• Last Earnings: 8/08/2024
• Dividend Payable: 8/14/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural gas distribution
• Sub-Industry: Utilities
• Current Symbol: NYSE:CQP
• Previous Symbol: NYSE:CQP
• CUSIP: N/A
• CIK: 1383650
• Web: cqpir.cheniere.com
• Phone: 713-375-5000
• Fax: 713-375-6000
• Employees: 1,605
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $49.25
• High Stock Price Target: $53.00
• Low Stock Price Target: $46.00
• Potential Upside/Downside: +1.4%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.63
• Trailing P/E Ratio: 10.49
• Forward P/E Ratio: 11.43
• P/E Growth: N/A
• Net Income: $4.25 billion
• Net Margins: 32.76%
• Pretax Margin: 32.76%
• Return on Equity: -292.75%
• Return on Assets: 13.72%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.65
• Quick Ratio: 0.57

Sales & Book Value

• Annual Sales: $9.00 billion
• Price / Sales: 2.61
• Cash Flow: $5.82 per share
• Price / Cash Flow: 8.35
• Book Value: ($1.59) per share
• Price / Book: -30.55

Miscellaneous

• Outstanding Shares: 484,041,000
• Free Float: N/A
• Market Cap: $23.51 billion
• Optionable: Optionable
• Beta: 0.68