Cheniere Energy Partners (NYSE:CQP) Trading 0.1% Higher

Shares of Cheniere Energy Partners, L.P. (NYSE:CQPGet Rating) rose 0.1% during trading on Thursday . The company traded as high as $41.53 and last traded at $41.49. Approximately 138,196 shares were traded during trading, a decline of 41% from the average daily volume of 233,338 shares. The stock had previously closed at $41.46.

Several analysts have issued reports on CQP shares. Wells Fargo & Company downgraded shares of Cheniere Energy Partners to an “underweight” rating and set a $55.00 price target on the stock. in a report on Tuesday, May 31st. began coverage on shares of Cheniere Energy Partners in a research report on Thursday, March 31st. They set a “hold” rating for the company.

The company has a quick ratio of 1.43, a current ratio of 1.52 and a debt-to-equity ratio of 23.92. The company has a market cap of $20.08 billion, a PE ratio of 18.52 and a beta of 0.90. The business’s 50 day simple moving average is $49.20.

Cheniere Energy Partners (NYSE:CQPGet Rating) last released its quarterly earnings data on Wednesday, May 4th. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. Cheniere Energy Partners had a net margin of 13.35% and a negative return on equity of 2,100.73%. The business had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Equities analysts anticipate that Cheniere Energy Partners, L.P. will post 3.46 earnings per share for the current fiscal year.

Cheniere Energy Partners Company Profile (NYSE:CQP)

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.

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