Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana on the Sabine-Neches Waterway.
Cheniere Energy Partners Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$43.93|
|52 Week High||US$32.73|
|52 Week Low||US$45.75|
|1 Month Change||9.22%|
|3 Month Change||5.86%|
|1 Year Change||18.35%|
|3 Year Change||30.59%|
|5 Year Change||61.63%|
|Change since IPO||102.35%|
Recent News & Updates
|CQP||US Oil and Gas||US Market|
Return vs Industry: CQP underperformed the US Oil and Gas industry which returned 88.5% over the past year.
Return vs Market: CQP underperformed the US Market which returned 30.3% over the past year.
Stable Share Price: CQP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CQP's weekly volatility (4%) has been stable over the past year.
About the Company
Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana on the Sabine-Neches Waterway. The company’s regasification facilities include infrastructure of 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 Fundamentals Summary
|CQP fundamental statistics|
Is CQP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CQP income statement (TTM)|
|Cost of Revenue||US$4.18b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.92|
|Net Profit Margin||13.91%|
How did CQP perform over the long term?See historical performance and comparison
6.1%Current Dividend Yield
Is Cheniere Energy Partners undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CQP ($43.93) is trading below our estimate of fair value ($57.31)
Significantly Below Fair Value: CQP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CQP is poor value based on its PE Ratio (22.8x) compared to the US Oil and Gas industry average (19.9x).
PE vs Market: CQP is poor value based on its PE Ratio (22.8x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: CQP is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: CQP is overvalued based on its PB Ratio (27x) compared to the US Oil and Gas industry average (2x).
How is Cheniere Energy Partners forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CQP's forecast earnings growth (12.7% per year) is above the savings rate (2%).
Earnings vs Market: CQP's earnings (12.7% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: CQP's earnings are forecast to grow, but not significantly.
Revenue vs Market: CQP's revenue (4.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: CQP's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CQP's Return on Equity is forecast to be very high in 3 years time (309.9%).
How has Cheniere Energy Partners performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CQP has high quality earnings.
Growing Profit Margin: CQP's current net profit margins (13.9%) are lower than last year (19.7%).
Past Earnings Growth Analysis
Earnings Trend: CQP has become profitable over the past 5 years, growing earnings by 37% per year.
Accelerating Growth: CQP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CQP had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-18.6%).
Return on Equity
High ROE: Whilst CQP's Return on Equity (189.84%) is outstanding, this metric is skewed due to their high level of debt.
How is Cheniere Energy Partners's financial position?
Financial Position Analysis
Short Term Liabilities: CQP's short term assets ($2.0B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: CQP's short term assets ($2.0B) do not cover its long term liabilities ($17.0B).
Debt to Equity History and Analysis
Debt Level: CQP's debt to equity ratio (3080.4%) is considered high.
Reducing Debt: CQP's debt to equity ratio has increased from 2720% to 3080.4% over the past 5 years.
Debt Coverage: CQP's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: CQP's interest payments on its debt are not well covered by EBIT (2.3x coverage).
What is Cheniere Energy Partners's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CQP's dividend (6.06%) is higher than the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: CQP's dividend (6.06%) is in the top 25% of dividend payers in the US market (3.47%)
Stability and Growth of Payments
Stable Dividend: CQP's dividends per share have been stable in the past 10 years.
Growing Dividend: CQP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (134%), CQP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CQP's dividends in 3 years are forecast to be covered by earnings (82.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jack Fusco (59 yo)
Mr. Jack A. Fusco had been the Chief Executive Officer and President at Cheniere Energy, Inc. and Cheniere Energy Partners LP Holdings, LLC since May 12, 2016 to September 2018. He serves as Chief Executiv...
Experienced Management: CQP's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: CQP's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cheniere Energy Partners, L.P.'s employee growth, exchange listings and data sources
- Name: Cheniere Energy Partners, L.P.
- Ticker: CQP
- Exchange: NYSEAM
- Founded: 2003
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: US$21.697b
- Market Cap: US$21.263b
- Shares outstanding: 493.90m
- Website: https://cqpir.cheniere.com
- Cheniere Energy Partners, L.P.
- 700 Milam Street
- Suite 1900
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 22:12|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.