Cheniere Energy Partners Stock (NYSE: CQP)

Dernières nouvelles pour Cheniere Energy Partners (NYSE:CQP) Stock

Cheniere Energy Partners

Cheniere Energy Partners is the direct owner of the Sabine Pass LNG terminals as well as regasification facilities. It also owns the Creole Trail Pipeline, which connects the terminal to third-party gas suppliers. Cheniere Partners shares in the marketing fees generated by Cheniere Marketing from Sabine Pass marketed gas volumes.

Cheniere Energy Partners, LP Common Units

Cheniere Energy Partners LP

As the third-quarter earnings season approaches, Goldman Sachs has issued a note identifying key stock opportunities for investors looking to profit <a href="https://www.benzinga.com/news/earnings/24/10/41255250/banks-gear-up-for-earnings-season-15-top-stock-picks-including-citigroup-morgan-stanley-and-truist">from financial results.</a>
Analyst John Marshall and his team shared their insights on Thursday, highlighting 18 stocks that could benefit from upward earnings revisions and seven stocks likely to face downward revisions.
<h3 class="wp-block-heading">The &#8216;Stock Picker&#8217;s Year&#8217;: 10% Upside In S&amp;P 500</h3>
Goldman Sachs analysts call 2024 "the year of the stock picker," emphasizing the importance of selective investing in a volatile earnings environment.
According to the investment bank&#8217;s latest projections, the average S&amp;P 500 stock could see a 10% upside over the next 12 months. 
"We see relief rally potential," Marshall stated in his note. "Directional positioning in the options market is balanced, a much better set-up than this time last quarter."
The analysts also observed that activity in options markets, both from hedge funds and retail traders, has decreased recently, signaling a "wait-and-see" approach as investors prepare for third-quarter earnings reports and the upcoming U.S. elections.
<h3 class="wp-block-heading">Earnings Season Volatility Remains Elevated</h3>
Goldman Sachs highlighted that single-stock volatility surrounding earnings events remains at a 14-year high. 
This trend, driven by critical market debates on topics like artificial intelligence, interest rates, and the upcoming election, is expected to continue through the remainder of the year.
&#8220;We expect earnings day moves to remain elevated as most of the key debates for the market have winners and losers in the equity space,&#8221; the note added. 
With this heightened volatility, the firm continues to recommend options-based strategies, advising investors to consider buying options ahead of earnings events and selling options between earnings periods to capitalize on price movements.
<h3 class="wp-block-heading">18 Stocks Goldman Sachs Is Bullish On For Third-Quarter Earnings</h3>
Goldman Sachs&#8217; analysts have identified 18 stocks they believe are primed for upside as earnings revisions could be favorable. These stocks span a variety of sectors, from energy and financials to healthcare and technology.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Sector</th>
<th>Earnings Date (e)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>)</td>
<td>Discretionary</td>
<td>Nov. 15</td>
</tr>
<tr>
<td>Permian Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PR#NYSE">PR</a>)</td>
<td>Energy</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</td>
<td>Financials</td>
<td>Oct. 15</td>
</tr>
<tr>
<td>Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>)</td>
<td>Financials</td>
<td>Oct. 16</td>
</tr>
<tr>
<td>Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>)</td>
<td>Healthcare</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>)</td>
<td>Healthcare</td>
<td>Oct. 23</td>
</tr>
<tr>
<td>Merck &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>)</td>
<td>Healthcare</td>
<td>Oct. 31</td>
</tr>
<tr>
<td>Qiagen NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QGEN#NYSE">QGEN</a>)</td>
<td>Healthcare</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>AZEK Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>)</td>
<td>Industrials</td>
<td>Nov. 29</td>
</tr>
<tr>
<td>ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>)</td>
<td>TMT</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>TMT</td>
<td>Dec. 6</td>
</tr>
<tr>
<td>Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</td>
<td>TMT</td>
<td>Nov. 25</td>
</tr>
<tr>
<td>Klaviyo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVYO#NYSE">KVYO</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>)</td>
<td>TMT</td>
<td>Nov. 13</td>
</tr>
<tr>
<td>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>TMT</td>
<td>Nov. 21</td>
</tr>
<tr>
<td>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>)</td>
<td>TMT</td>
<td>Nov. 29</td>
</tr>
<tr>
<td>Toast Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>)</td>
<td>Utilities</td>
<td>Nov. 4</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">7 Stocks Goldman Sachs Is Bearish On For Third-Quarter Earnings</h3>
In contrast, the investment bank has identified seven stocks that they expect to face downward earnings revisions in the third quarter, advising investors to exercise caution.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Sector</th>
<th>Earnings Date (e)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Choice Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>)</td>
<td>Discretionary</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>)</td>
<td>Energy</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Janus Henderson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHG#NYSE">JHG</a>)</td>
<td>Financials</td>
<td>Oct. 31</td>
</tr>
<tr>
<td>LyondellBasell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>)</td>
<td>Materials</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Clorox Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLX#NYSE">CLX</a>)</td>
<td>Staples</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Kraft Heinz Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>)</td>
<td>Staples</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>Upstart Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41278012/feds-goolsbee-downplays-inflation-uptick-economists-hold-steady-on-november-rate-in">Fed&#8217;s Goolsbee Downplays Inflation Uptick, Economists Hold Steady On November Rate Interest Rate Cut Call</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

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18 Stocks To Buy, 7 To Sell This Earnings Season: Goldman Sachs Calls It 'The Year Of The Stock Picker'

Cheniere Energy, Inc. (&quot;Cheniere&quot; or the &quot;Company&quot;) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) announced today that its subsidiary Cheniere Marketing, LLC (&quot;Cheniere Marketing&quot;), entered into a long-term liquefied natural gas (&quot;LNG&quot;) sale and purchase agreement (&quot;SPA&quot;) with Galp Trading S.A. (&quot;Galp&quot;), a subsidiary of Galp Energia, SGPS, S.A. (&quot;Galp Energia&quot;).
Under the SPA, Galp has agreed to purchase approximately 0.5 million tonnes per annum (&quot;mtpa&quot;) of LNG for 20 years from Cheniere Marketing on a free-on-board basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee. Deliveries are expected to commence in the early 2030s and are subject to, among other things, a positive Final Investment Decision with respect to the second train (&quot;Train Eight&quot;) of the Sabine Pass Liquefaction Expansion Project (&quot;SPL Expansion Project&quot;). The SPA includes a limited number of early cargoes to be purchased by Galp prior to the start of Train Eight.

News

Cheniere Energy and Galp Ink 20-Year LNG Agreement for 0.5 Million Tonnes Annually

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ACDC

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CRGY

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DINO

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GPRK

LBRT

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MTDR

PTEN

SDRL

TALO

TRGP

VIST

VNOM

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Shares of oil and gas stocks are trading lower despite Middle East tensions. Weak US economic data may be weighing on demand outlook.

Cheniere Energy Partners, L.P.&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cqp#NYSE">CQP</a>) has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 30 days.
<h3>Factors Driving the Stock</h3>
<h3>Favorable Style Score</h3>
Cheniere Partners has an impressive&nbsp;Value Score&nbsp;of B. Value Score helps find stocks that are undervalued. Back-tested results have shown that stocks with a favorable Value Score, combined with a solid Zacks Rank, are the best investment bets.
<h3>Robust Outlook</h3>
The Zacks Consensus Estimate for CQP&#39;s 2024 earnings is pegged at $4.15 per share, suggesting growth of 57% from the year-ago reported figure. The consensus mark for 2025 earnings is pegged at $4.18 per share, also indicating a year-over-year improvement.
<h3>Impressive Earnings Surprise History</h3>
Cheniere Partners&#39; bottom line outpaced estimates in the trailing four quarters, the average surprise being 28.8%.
<h3>Key Business Tailwinds</h3>
CQP holds a strong position in the market as a leading LNG exporter in the United States, thanks to its Sabine Pass LNG terminal, which boasts a production capacity of 30 Mtpa. The terminal&#39;s strategic location and connectivity to major pipelines further enhance its competitive edge, enabling the company to capitalize on the growing global demand for LNG.
As of Mar 31, 2024, Cheniere Partners maintained a robust liquidity position, with $2.1 billion in total available liquidity. This includes $333 million in cash and cash equivalents, $59 million in restricted cash, and substantial available commitments under credit facilities. This strong liquidity allows the partnership to manage operations efficiently and invest in growth opportunities without financial constraints.
Cheniere Partners has a solid track of providing consistent cash distributions to its unitholders. For the first quarter of 2024, the partnership declared a cash distribution of 81 cents per common unit, reaffirming its 2024 distribution guidance of $3.15-$3.35 per common unit. This stable and predictable income stream is attractive to income-focused investors seeking reliable returns.
The partnership is actively pursuing strategic expansion projects to increase its production capacity. The SPL Expansion Project aims to add approximately 20 million tons per annum of LNG production capacity, showcasing Cheniere Partners&#39; commitment to growth. This expansion is supported by applications submitted to the Federal Energy Regulatory Commission and the Department of Energy for the necessary authorizations.
Cheniere Partners continues to demonstrate strong operational performance, as evidenced by the export of 114 LNG cargoes totaling 418 TBtu in the first quarter of 2024. This represents a 2% increase in cargo and a 4% increase in volume from the same period in 2023. The consistent rise in LNG exports highlights the partnership&#39;s operational efficiency and ability to meet global LNG demand.
<h3>Risks</h3>
The Zacks Rank #3 (Hold) partnership has been offering lower dividends to its investors, which may not be attractive to those seeking consistent income from their investments.
<h3>Key Picks</h3>
Investors interested in the&nbsp;energy&nbsp;sector may look at some better-ranked companies mentioned below. These three companies presently sport a Zacks Rank #1 (Strong Buy).
SM Energy&nbsp;Company&nbsp;is set to expand its oil-centered operations in the coming years, with an increasing focus on crude oil, especially in the Permian Basin and Eagle Ford regions. The company&#39;s attractive oil and gas investments should create long-term shareholder value.
The Zacks Consensus Estimate for SM&#39;s 2024 and 2025 earnings per unit is pegged at $7.09 and $8.66, respectively. The company has a Zacks Style Score of A for Value. It has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 30 days.
Sunoco LP&nbsp;is a leading wholesale motor fuel distributor in the United States, boasting a vast distribution network spanning 40 states. With long-term contracts servicing more than 10,000 convenience stores, it distributes more than 10 fuel brands, ensuring a stable revenue stream. SUN currently has a Value and Growth Score of A.
The Zacks Consensus Estimate for 2024 and 2025 earnings per unit is pegged at $7.29 and $7.26, respectively. The partnership has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 60 days.
GeoPark Ltd., based in Hamilton, Bermuda, is an explorer, operator and consolidator in the oil and gas sector. The company primarily operates in Chile, Colombia, Brazil and Argentina. It has a Zacks Style Score of A for Value and B for Growth.
The Zacks Consensus Estimate for 2024 and 2025 earnings per unit is pegged at $3.23 and $3.98, respectively. The company has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 60 days.
<a href="https://www.zacks.com/stock/news/2310324/here-s-why-you-should-retain-cheniere-partners-cqp-stock-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2310324">To read this article on Zacks.com click here.</a>

Small Cap

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Trading Ideas

Here's Why You Should Retain Cheniere Partners Stock Now

Barclays analyst Theresa Chen maintains Cheniere Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>) with a Underweight and raises the price target from $45 to $46.

Price Target

Barclays Maintains Underweight on Cheniere Energy Partners, Raises Price Target to $46

Cheniere Energy Partners, L.P.&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cqp#NYSE">CQP</a>) has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 30 days.
The company&#39;s earnings beat the Zacks Consensus Estimate in the trailing four quarters, delivering an average surprise of 28.8%.
<h3>What&#39;s Favoring the Stock?</h3>
Cheniere Partners holds a strong market position as a leading LNG exporter in the United States. The company&#39;s Sabine Pass LNG terminal, with a production capacity of approximately 30 Mtpa, positions it favorably to capitalize on the growing global demand for LNG. The terminal&#39;s strategic location and connectivity to major pipelines further enhance its competitive advantage.
Cheniere Partners boasts a robust liquidity position, which includes $2.1 billion in total available liquidity as of Mar 31, 2024. This liquidity is composed of $333 million in cash and cash equivalents, $59 million in restricted cash, and substantial available commitments under credit facilities. This strong liquidity enables the partnership to manage its operations smoothly and invest in growth opportunities without facing financial constraints.
Cheniere Partners has a history of providing consistent cash distributions to its unitholders. For the first quarter of 2024, the partnership declared a cash distribution of 81 cents per common unit, reconfirming its 2024 distribution guidance of $3.15-$3.35 per common unit. This stable and predictable income stream is appealing to income-focused investors seeking reliable returns.
The partnership is actively pursuing strategic expansion projects to enhance its production capacity. The SPL Expansion Project, which aims to add approximately 20 million tons per annum of LNG production capacity, demonstrates Cheniere Partners&#39; commitment to growth. The expansion is supported by applications submitted to the Federal Energy Regulatory Commission and the Department of Energy for necessary authorizations.
Cheniere Partners continues to exhibit strong operational performance, evidenced by the export of 114 LNG cargoes totaling 418 TBtu in the first quarter of 2024. This represents a 2% increase in cargo and a 4% increase in volume compared to the same period in 2023. The consistent growth in LNG exports underscores the partnership&#39;s operational efficiency and its ability to meet global LNG demand.
The partnership&#39;s commitment to prudent capital allocation is evident from its decision to prepay $150 million in principal amount of its 5.750% Senior Secured Notes due 2024 with cash on hand. This move not only reduces financial leverage but also demonstrates Cheniere Partners&#39; focus on maintaining a healthy balance sheet and optimizing capital structure.
<h3>Risks</h3>
The Zacks Rank #3 (Hold) partnership has been offering lower dividends to its investors, which may not be attractive to those seeking consistent income from their investments.
<h3>Key Picks</h3>
Investors interested in the&nbsp;energy&nbsp;sector may look at some better-ranked companies mentioned below. The three companies presently carry a Zacks Rank #2 (Buy).
USA Compression Partners, LP&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/usac#NYSE">USAC</a>) is one of the largest independent natural gas compression service providers across the United States in terms of fleet horsepower. USA Compression Partners earns its revenues from the overall horsepower use of natural gas transported rather than the price. As such, the partnership is largely insulated from fluctuations in commodity prices.
The Zacks Consensus Estimate for USAC&#39;s 2024 and 2025 earnings per share is pegged at 77 cents and 98 cents, respectively. The company has a Zacks Style Score of B for Growth. It has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 30 days.
Enterprise Products Partners&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/epd#NYSE">EPD</a>) is among the leading midstream energy players in North America. &nbsp;It has an extensive network of pipelines that spreads across more than 50,000 miles.
The Zacks Consensus Estimate for EPD&#39;s 2024 and 2025 EPS is pegged at $2.71 and $2.87, respectively. The company has a Zacks Style Score of A for Value. It has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 60 days.
ProPetro Holding Corporation&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pump#NYSE">PUMP</a>) is an oilfield services provider operating primarily in the Permian Basin spread over West Texas and New Mexico. ProPetro&#39;s strategic transition to next-generation equipment, including FORCE electric fleets, underscores its market leadership and cutting-edge technology.
The Zacks Consensus Estimate for PUMP&#39;s 2024 and 2025 EPS is pegged at 67 cents and 83 cents, respectively. The company has a Zacks Style Score of A for Value and B for Growth. It has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 30 days.
<a href="https://www.zacks.com/stock/news/2285573/here-s-why-you-should-retain-cheniere-partners-cqp-stock?cid=CS-BENZ-FT-analyst_blog|rank_focused-2285573">To read this article on Zacks.com click here.</a>

PUMP

USAC

Here's Why You Should Retain Cheniere Partners Stock

Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>) announced today that it has priced its previously announced offering of Senior Notes due 2034 (the "CQP 2034 Notes"). The CQP 2034 Notes will bear interest at a rate of 5.750% per annum and will mature on August 15, 2034. The CQP 2034 Notes will be issued at a price equal to 99.820% of par. The closing of the offering is expected to occur on May 22, 2024.

Offerings

Cheniere Partners Announces Pricing Of $1.2B Senior Notes Due 2034

Cheniere Energy Partners Reiterates 2024 Distribution Guidance Of $3.15 - $3.35 Per Common Unit, Maintaining A Base Distribution Of $3.10 Per Common Unit

Cheniere Energy Partners (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CQP#AMEX">CQP</a>) reported quarterly earnings of $1.18 per share which beat the analyst consensus estimate of $0.97 by 21.65 percent. This is a 66.29 percent decrease over earnings of $3.50 per share from the same period last year. The company reported quarterly sales of $2.29 billion which beat the analyst consensus estimate of $2.25 billion by 2.00 percent. This is a 21.32 percent decrease over sales of $2.92 billion the same period last year.

Earnings Beats

Cheniere Energy Partners Q1 EPS $1.18 Beats $0.94 Estimate, Sales $2.29B Beat $2.20B Estimate

Shares of oil and gas companies are trading lower amid reports of Middle East peace talks.

UBS analyst Shneur Gershuni maintains Cheniere Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>) with a Neutral and lowers the price target from $53 to $50.

UBS Maintains Neutral on Cheniere Energy Partners, Lowers Price Target to $50

Barclays analyst Christine Cho maintains Cheniere Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>) with a Underweight and lowers the price target from $51 to $45.

Barclays Maintains Underweight on Cheniere Energy Partners, Lowers Price Target to $45

Cheniere Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>) reported its Q4 earnings results on Thursday, February 22, 2024 at 07:30 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Cheniere Energy Partners beat estimated earnings by 69.05%, reporting an EPS of $1.42 versus an estimate of $0.84.
Revenue was down $2.04 billion from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.36 which was followed by a 0.49% increase in the share price the next day.
Here's a look at Cheniere Energy Partners's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.83</td>
<td>0.84</td>
<td>1</td>
<td>1.76</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.19</td>
<td>0.84</td>
<td>3.5</td>
<td>1.94</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>2.32B</td>
<td>2.29B</td>
<td>2.80B</td>
<td>4.30B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>2.13B</td>
<td>1.93B</td>
<td>2.92B</td>
<td>4.72B</td>
</tr>
</tbody>
</table>

To track all earnings releases for Cheniere Energy Partners <a href="https://www.benzinga.com/quote/CQP/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Cheniere Energy Partners Q4 Earnings

Cheniere Energy Partners (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CQP#AMEX">CQP</a>) reported quarterly earnings of $1.42 per share which beat the analyst consensus estimate of $0.84 by 69.05 percent. This is a 26.8 percent decrease over earnings of $1.94 per share from the same period last year. The company reported quarterly sales of $2.69 billion which beat the analyst consensus estimate of $2.47 billion by 8.74 percent. This is a 43.11 percent decrease over sales of $4.72 billion the same period last year.

Cheniere Energy Partners Q4 EPS $1.42 Beats $0.84 Estimate, Sales $2.69B Beat $2.47B Estimate

Stifel analyst Benjamin Nolan downgrades Cheniere Energy Partners (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CQP#AMEX">CQP</a>) from Hold to Sell and announces $53 price target.

Downgrades

Stifel Downgrades Cheniere Energy Partners to Sell, Announces $53 Price Target

Goldman Sachs analyst John Mackay reinstates Cheniere Energy Partners (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CQP#AMEX">CQP</a>) with a Sell and announces $48 price target.

Initiation

Goldman Sachs Reinstates Sell on Cheniere Energy Partners, Announces $48 Price Target

Cheniere Energy Partners's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>) short percent of float has fallen 4.51% since its last report. The company recently reported that it has 1.09 million shares sold short, which is 2.75% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.97 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Cheniere Energy Partners Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1695396620_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Cheniere Energy Partners has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Cheniere Energy Partners's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Cheniere Energy Partners's peer group average for short interest as a percentage of float is 3.62%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Cheniere Energy Partners?

Cheniere Energy Partners (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CQP#AMEX">CQP</a>) has outperformed the market over the past 15 years by 4.28% on an annualized basis producing an average annual return of 13.48%. Currently, Cheniere Energy Partners has a market capitalization of $26.11 billion. 
Buying $100 In CQP: If an investor had bought $100 of CQP stock 15 years ago, it would be worth $679.50 today based on a price of $53.95 for CQP at the time of writing.
<h3>Cheniere Energy Partners's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1695051030_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Dividends

$100 Invested In Cheniere Energy Partners 15 Years Ago Would Be Worth This Much Today

James Robert Ball, Board Member at Cheniere Energy Partners (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CQP#AMEX">CQP</a>), reported a large insider sell on September 11, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001383650/000138365023000044//Archives/edgar/data/1383650/000138365023000044/0001383650-23-000044-index.htm">U.S. Securities and Exchange Commission</a> on Monday showed that Ball sold 2,250 shares of Cheniere Energy Partners. The total transaction amounted to $119,835. 
Cheniere Energy Partners shares are trading up 0.51% at $53.25 at the time of this writing on Tuesday morning.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001383650">Check Out The Full List Of Cheniere Energy Partners's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Cheniere Energy Partners Board Member Trades Company's Stock

Oliver Richard III, Board Member at Cheniere Energy Partners (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CQP#AMEX">CQP</a>), reported a large insider sell on September 11, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001383650/000138365023000045//Archives/edgar/data/1383650/000138365023000045/0001383650-23-000045-index.htm">U.S. Securities and Exchange Commission</a> on Monday showed that III sold 1,500 shares of Cheniere Energy Partners. The total transaction amounted to $79,890. 
Cheniere Energy Partners shares are trading up 0.51% at $53.25 at the time of this writing on Tuesday morning.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001383650">Check Out The Full List Of Cheniere Energy Partners's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Board Member of Cheniere Energy Partners Sold $79K In Stock

Dividend Champion, Contender, And Challenger Highlights: Week Of August 11

Cheniere Energy Partners, L.P. (CQP) Q2 2024 Earnings Call Transcript

Analysts have been eager to weigh in on the Energy sector with new ratings on Cheniere Energy Partners (CQP – Research Report), Exxon Mobil (XOM – ...

Analysts Conflicted on These Energy Names: Cheniere Energy Partners (CQP), Exxon Mobil (XOM) and Marathon Petroleum (MPC)

Oil and gas prices are evolving rapidly with changing supply levels owing to geopolitical tensions, increasing M&A activities, and robust energy demand, creating tailwinds for the energy sector. Thus, energy stocks Cheniere Energy Partners (CQP), Enterprise Products Partners (EPD), and MPLX LP (MPLX), which are also high-yielding, could be ideal investments. Read more… With the uncertain geopolitical circumstances, China's economic weakness, and oil demand and supply drift, the energy industry is experiencing robust demand, which is expected to continue in the upcoming period.
Given the industry tailwinds, it could be wise to invest in fundamentally sound high-yield energy stocks Cheniere Energy Partners, L.P. (<a href="https://stocknews.com/stock/CQP/">CQP</a>), Enterprise Products Partners L.P. (<a href="https://stocknews.com/stock/EPD/">EPD</a>), and MPLX LP (<a href="https://stocknews.com/stock/MPLX/">MPLX</a>).
Through 2024, oil prices have been volatile. Recently, <a href="https://www.reuters.com/markets/commodities/oil-prices-tick-down-hopes-middle-east-ceasefire-eases-supply-worries-2024-08-20/">oil prices</a> slipped with Israel accepting a proposal to handle disagreements blocking a ceasefire deal in Gaza, which has resulted in eased supply concerns. However, China's weak economic circumstance continued to weigh on demand outlook.
Further, <a href="https://www.reuters.com/markets/commodities/us-oil-gas-ma-activity-jumped-57-last-year-amid-industry-consolidation-2024-08-20/">U.S. oil, gas M&amp;A activities climbed strongly</a> last year as energy companies increased their development spending, driven by higher cash flows from profits in previous periods. Over $49.2 billion was spent on mergers and acquisitions by top energy companies in 2023, up from $31.4 billion in 2022, mainly driven by mega deals among integrated oil and gas companies.
<a href="https://www.iea.org/reports/oil-market-report-august-2024">Global oil demand surged</a> by 870 kb/d in the second quarter of 2024. The demand is expected to rise by less than 1 mb/d in 2024 and 2025.
World supply rose 230 kb/d to 103.4 mb/d in July with a significant OPEC+ increase which offset losses from non-OPEC+. Annual gains have increased from 730 kb/d in 2024 to 1.9 mb/d in 2025. Non-OPEC+ production is projected to rise 1.5 mb/d in 2024 and 2025, while OPEC+ is expected to fall by 760 kb/d in 2024 but regain by 400 kb/d in 2025 if voluntary cuts stay in place.
Thus, in these volatile situations, it could be wise to add some of the best high-yield energy stocks. High-yield segment includes companies which pay regular dividends to the shareholders and offer consistent growth in their dividends offering passive income opportunities and great potential of capital appreciation over the long-term.
Moreover, investors' interest in energy stocks is evident from the iShares Global Energy ETF's (<a href="https://stocknews.com/stock/IXC/">IXC</a>) 9% returns over the past year.
Considering the industry's robust outlook, let's delve into the fundamentals of the top high-yield <a href="https://stocknews.com/category/oil-gas-mlps/">MLPs – Oil &amp; Gas</a> stocks, beginning with the third choice.
Stock #3: Cheniere Energy Partners, L.P. (<a href="https://stocknews.com/stock/CQP/">CQP</a>)
CQP offers liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. It owns and operates a natural gas liquefaction and export facility at the Sabine Pass LNG production terminal.
On August 5, CQP's subsidiary Cheniere Marketing, LLC entered into a long-term liquefied natural gas sale and purchase agreement with Galp Trading S.A., a subsidiary of Galp Energia, SGPS, S.A.
On July 26, CQP declared a cash distribution of $0.81 per common unit to unitholders of record as of August 7, 2024, comprised of a base amount equal to $0.77 and a variable amount equal to $0.035 and the related distribution to its general partner. These distributions were paid on August 14, 2024.
CQP pays an annual distribution of $3.69 per unit, which translates to a yield of 7.40% on the current share price. Its four-year average yield is 7.58%. The company's dividend payouts have grown at a CAGR of 14.5% over the past three years. CQP has raised its dividends for eight consecutive years.
CQP reported revenues of $1.89 billion for the second quarter that ended June 30, 2024 and its income from operations were $766 million. The company's net income came in at $570 million and $0.95 per common unit for the quarter, respectively.
Furthermore, the company's adjusted <a href="https://www.investopedia.com/terms/e/ebitda.asp">EBITDA</a> rose 9.9% from the year-ago value to $832 million. As of June 30, 2024, the company's cash and cash equivalents and total assets stood at $351 million and $17.51 billion, respectively.
Analysts expect CQP's revenue and EPS for the third quarter (ending September 2024) to increase 1.6% and 18.7% year-over-year to $2.16 billion and $1.05, respectively. Also, the company has surpassed the consensus EPS estimates in three of the trailing four quarters.
Shares of CQP have surged marginally over the past three months to close the last trading session at $49.78.
CQP's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
CQP has a B grade for Quality, Sentiment, and Momentum. It is ranked #10 out of 24 stocks in the A-rated <a href="https://stocknews.com/category/oil-gas-mlps/">MLPs – Oil &amp; Gas</a> industry.
In addition to the POWR Ratings we've stated above, we also have other ratings for CQP. Get all CQP ratings <a href="https://stocknews.com/stock/CQP/">here</a>.
Stock #2: Enterprise Products Partners L.P. (<a href="https://stocknews.com/stock/EPD/">EPD</a>)
EPD offers midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines &amp; Services; Crude Oil Pipelines &amp; Services; Natural Gas Pipelines &amp; Services; and Petrochemical &amp; Refined Products Services.
On July 30, EPD announced an expansion project with the Houston Ship Channel in response to continued solid customer demand for natural gas liquids export capacity. It is adding its refrigeration capacity at the Enterprise Hydrocarbons Terminal (EHT) to boost propane and butane export capabilities by around 300,000 barrels per day (bpd).
The expansion will bode well with the company by adding extra capacity for LPG, and enhancing the instantaneous loading rates for propane and butane and offer more capacity for propylene exports.
On July 10, EPD's Board of Directors declared a quarterly cash distribution to be paid to its common unitholders for the second quarter of 2024 of $0.52 per unit, or $2.10 per unit on an annualized basis.
EPD pays an annual dividend of $2.10, which translates to a yield of 7.13% at the current share price. Its four-year average dividend yield is 7.71%. Moreover, the company's dividend payouts have increased at a CAGR of 4.6% over the past three years. EPD has raised its dividends for 25 consecutive years.
During the second quarter that ended June 30, 2024, EPD's revenues increased 26.6% year-over-year to $13.48 billion. Its operating income grew 11.8% year-over-year to $1.77 billion. The company's net income and earnings per unit of $1.42 billion and $0.64, indicates growth of 10.8% and 12.3% from the prior year's quarter, respectively.
Furthermore, the company's adjusted EBITDA rose 10% year-over-year to $2.39 billion. And its adjusted CFFO rose 10.7% from the previous year's quarter to $2.07 billion.
Analysts expect EPD's revenue and EPS for the third quarter (ending September 2024) to increase 17.4% and 12.9% year-over-year to $14.08 billion and $0.68, respectively. Further, the company has surpassed the consensus revenue estimates in three of the four trailing quarters.
Over the past six months, EPD's stock has gained 7.3% and 10.9% over the past year to close the last trading session at $29.44.
EPD's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade for Value, Momentum, and Stability. Within the same industry, EPD is ranked #9 of 24 stocks.
<a href="https://stocknews.com/stock/EPD/">Click here</a> to access additional ratings of EPD for Sentiment, Growth and Quality.
Stock #1: MPLX LP (<a href="https://stocknews.com/stock/MPLX/">MPLX</a>)
MPLX primarily owns and operates midstream energy infrastructure and logistics assets. The company operates through Logistics and Storage; and Gathering and processing segments.
On July 30, MPLX's board of directors declared a quarterly cash distribution of $0.85 per common unit for the second quarter of 2024, or $3.40 on an annualized basis. The distribution was paid on August 16, 2024, to common unitholders of record as of August 9, 2024.
MPLX pays an annual dividend of $3.40, which translates to a yield of 7.98% at the current share price. Its four-year average dividend yield is 10.05%. Moreover, the company's dividend payouts have increased at a CAGR of 7.3% over the past three years. MPLX has raised its dividends for 10 consecutive years.
MPLX's total revenues and other income increased 13.4% year-over-year to $3.05 billion during the second quarter that ended June 30, 2024. Its income from operations grew 20.8% from the prior year's quarter to $1.42 billion. Net income attributable to MPLX came in at $1.18 billion and $1.15 per limited partner unit, up 26% and 26.4% year-over-year, respectively.
For the same quarter, adjusted EBITDA attributable to MPLX LP increased 8% from the previous year's quarter to $1.65 billion.
Analysts expect MPLX's revenue for the third quarter (ending September 2024) to increase 4.8% year-over-year to $3.05 billion. The consensus EPS estimate for the same period of $1.05 indicates a 10.1% year-over-year growth. Moreover, the company surpassed the consensus EPS estimates in all of the trailing four quarters.
MPLX's stock has surged 8.3% over the past six months and 21.9% over the past year to close the last trading session at $42.60.
MPLX's POWR Ratings reflect its bright prospects. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
MPLX has an A grade for Stability and a B for Sentiment, Momentum, and Quality. The stock is ranked #2 among 24 stocks in the A-rated MLPs – Oil &amp; Gas industry.
To access MPLX's other ratings for Growth and Value, <a href="https://stocknews.com/stock/MPLX/">click here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
EPD shares were trading at $29.09 per share on Tuesday afternoon, down $0.35 (-1.19%). Year-to-date, EPD has gained 16.61%, versus a 18.33% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/epd-mplx-cqp-3-high-yield-energy-stocks-to-power-your-portfolio/>3 High-Yield Energy Stocks to Power Your Portfolio</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Yield Energy Stocks to Power Your Portfolio

After a terrible start to August, the market has completely turned around. The S&P 500 has moved 7.5% higher since Aug. 5, and it was recently hovering near its old high. In this environment, Cheniere Energy's dividend yield of 7.3% is appealing.

Cheniere Energy: A High-Yielding LNG Play Set To Rally As The Fed Cuts Rates

Cheniere Energy Partners ( ($CQP) ) just unveiled an announcement. Anatol Feygin has been appointed to the Board of Directors at Cheniere Energy Pa...

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