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: $53.60 to $54.21
• 50-Day Range: N/A
• 52-Week Range: $45.51 to $62.34
• Volume: 10,590 shs
• Average Volume: 163,008 shs
• Market Capitalization: $26.11 billion
• P/E Ratio: 11.65
• Dividend Yield: 5.75%
• Price Target: $46.00
• Consensus Rating: Sell

Cheniere Energy Partners Stock Analysis - MarketRank™

Cheniere Energy Partners scored higher than 28% of companies evaluated by MarketBeat, and ranked 230th out of 264 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: 0.5 / 5
• Analyst Rating: Sell

Consensus Rating

Cheniere Energy Partners has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Cheniere Energy Partners has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -2.83%

Earnings Growth

Earnings for Cheniere Energy Partners are expected to decrease by -2.83% in the coming year, from $4.24 to $4.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cheniere Energy Partners is 11.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cheniere Energy Partners is 11.65, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.80.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.22% 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 4.4.

Change versus previous month

Short interest in Cheniere Energy Partners has recently decreased by 12.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Cheniere Energy Partners is a leading dividend payer. It pays a dividend yield of 5.85%, 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 EPS estimates, Cheniere Energy Partners will have a dividend payout ratio of 75.24% in the coming year. This indicates that Cheniere Energy Partners may not be able to sustain their current dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

0.22% 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 4.4.

Change versus previous month

Short interest in Cheniere Energy Partners has recently decreased by 12.52%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Cheniere Energy Partners has a news sentiment score of 1.00. 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 0.58 average news sentiment score of Oils/Energy companies.

Search Interest

Only 5 people have searched for CQP on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.

MarketBeat Follows

3 people have added Cheniere Energy Partners to their MarketBeat watchlist in the last 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 $48.18 at the beginning of the year. Since then, CQP stock has increased by 12.0% and is now trading at $53.95.
View the best growth stocks for 2024 here.

How were Cheniere Energy Partners' earnings last quarter?

Cheniere Energy Partners (NYSE:CQP) announced its quarterly earnings results on Thursday, October, 31st. The company reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $0.92 by $0.08. The company's revenue was down 3.4% on a year-over-year basis.

Who are Cheniere Energy Partners' major shareholders?

Cheniere Energy Partners' top institutional shareholders include Infrastructure Capital Advisors LLC (0.09%), Mediolanum International Funds Ltd (0.01%), Fred Alger Management LLC (0.01%) and Empowered Funds LLC (0.01%).

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

• Last Earnings: 10/31/2024
• Ex-Dividend for 11/14 Dividend: 11/04/2024
• Dividend Payable: 11/14/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural gas distribution
• Sub-Industry: Utilities
• Current 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: $46.00
• High Stock Price Target: $46.00
• Low Stock Price Target: $46.00
• Potential Upside/Downside: -14.0%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.63
• Trailing P/E Ratio: 11.55
• Forward P/E Ratio: 12.62
• P/E Growth: N/A
• Net Income: $4.25 billion
• Net Margins: 31.28%
• Pretax Margin: 31.28%
• Return on Equity: -328.60%
• Return on Assets: 13.93%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.69
• Quick Ratio: 0.61

Sales & Book Value

• Annual Sales: $9.66 billion
• Price / Sales: 2.68
• Cash Flow: $5.87 per share
• Price / Cash Flow: 9.12
• Book Value: ($1.59) per share
• Price / Book: -33.64

Miscellaneous

• Outstanding Shares: 484,050,000
• Free Float: N/A
• Market Cap: $25.89 billion
• Optionable: N/A
• Beta: 0.67