AMEX:CQP

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Cheniere Energy Partners

Executive Summary

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. More Details


Snowflake Analysis

Proven track record with moderate growth potential.


Similar Companies

Share Price & News

How has Cheniere Energy Partners's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CQP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.0%

CQP

-4.4%

US Oil and Gas

-1.4%

US Market


1 Year Return

-17.8%

CQP

-47.5%

US Oil and Gas

17.8%

US Market

Return vs Industry: CQP exceeded the US Oil and Gas industry which returned -46.7% over the past year.

Return vs Market: CQP underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

CQPIndustryMarket
7 Day-1.0%-4.4%-1.4%
30 Day9.9%-4.8%4.7%
90 Day5.1%-18.3%8.2%
1 Year-12.0%-17.8%-44.3%-47.5%20.5%17.8%
3 Year59.1%31.5%-46.8%-53.8%42.2%32.7%
5 Year79.7%31.5%-44.0%-54.8%83.4%62.7%

Price Volatility Vs. Market

How volatile is Cheniere Energy Partners's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cheniere Energy Partners undervalued compared to its fair value and its price relative to the market?

16.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CQP ($36.19) is trading below our estimate of fair value ($43.15)

Significantly Below Fair Value: CQP is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CQP is poor value based on its PE Ratio (13.5x) compared to the US Oil and Gas industry average (7.6x).

PE vs Market: CQP is good value based on its PE Ratio (13.5x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: CQP is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: CQP is overvalued based on its PB Ratio (17.4x) compared to the US Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Cheniere Energy Partners forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

9.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CQP's forecast earnings growth (9.7% per year) is above the savings rate (2.2%).

Earnings vs Market: CQP's earnings (9.7% per year) are forecast to grow slower than the US market (22.2% per year).

High Growth Earnings: CQP's earnings are forecast to grow, but not significantly.

Revenue vs Market: CQP's revenue (10.6% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: CQP's revenue (10.6% 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 (92%).


Next Steps

Past Performance

How has Cheniere Energy Partners performed over the past 5 years?

60.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CQP has high quality earnings.

Growing Profit Margin: CQP's current net profit margins (19.7%) are higher than last year (17.4%).


Past Earnings Growth Analysis

Earnings Trend: CQP has become profitable over the past 5 years, growing earnings by 60.8% per year.

Accelerating Growth: CQP's earnings growth over the past year (8.1%) is below its 5-year average (60.8% per year).

Earnings vs Industry: CQP earnings growth over the past year (8.1%) exceeded the Oil and Gas industry -38%.


Return on Equity

High ROE: Whilst CQP's Return on Equity (157.55%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Cheniere Energy Partners's financial position?


Financial Position Analysis

Short Term Liabilities: CQP's short term assets ($2.2B) exceed its short term liabilities ($493.0M).

Long Term Liabilities: CQP's short term assets ($2.2B) do not cover its long term liabilities ($17.7B).


Debt to Equity History and Analysis

Debt Level: CQP's debt to equity ratio (1978.2%) is considered high.

Reducing Debt: CQP's debt to equity ratio has increased from 1308.1% to 1978.2% over the past 5 years.

Debt Coverage: CQP's debt is not well covered by operating cash flow (10.1%).

Interest Coverage: CQP's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Cheniere Energy Partners's current dividend yield, its reliability and sustainability?

7.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CQP's dividend (7.13%) is higher than the bottom 25% of dividend payers in the US market (1.64%).

High Dividend: CQP's dividend (7.13%) is in the top 25% of dividend payers in the US market (4.68%)


Stability and Growth of Payments

Stable Dividend: CQP's dividend payments have been volatile 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 (94.7%), CQP's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CQP's dividends in 3 years are not forecast to be well covered by earnings (95% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Jack Fusco (58 yo)

4.42yrs

Tenure

Mr. Jack A. Fusco has been the Chief Executive Officer and President at Cheniere Energy, Inc. and Cheniere Energy Partners LP Holdings, LLC since May 12, 2016. He serves as Chief Executive Officer of Corpu ...


Leadership Team

NamePositionTenureCompensationOwnership
Jack Fusco
Chairman4.42yrsno datano data
Aaron Stephenson
Senior VP of Operations & Director of Cheniere Energy Partners GP LLC0.92yrno datano data
Zach Davis
Senior VP0.17yrno datano data
Leonard Travis
VP & Chief Accounting Officer of Cheniere Energy Partners GP LLCno datano datano data
Michael Dove
VP & Chief Information Officer of Cheniere Energy Partners GP LLCno datano datano data
Tom Bullis
Executive VP & Chief Administrative Officer of Cheniere Energy Partners GP LLCno datano datano data
Randy Bhatia
Vice President of Investor Relations - Cheniere Energy Partners GP LLCno datano datano data
Sean Markowitz
Executive VPno datano datano data
Deanna Newcomb
Chief Compliance & Ethics Officer and VP of Internal Audit - Cheniere Energy Partners GP LLCno datano datano data
Eben Burnham-Snyder
Vice President of Public Affairs - Cheniere Energy Partners GP LLCno datano datano data
Oliver Tuckerman
Vice President of Commercial Structuring & Corporate Development - Cheniere Energy Partners GP LLCno datano datano data
Hilary Ware
Chief Human Resources Officer of Cheniere Energy Partners GP LLCno datano datano data

0.9yrs

Average Tenure

57yo

Average Age

Experienced Management: CQP's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jack Fusco
Chairman4.42yrsno datano data
Aaron Stephenson
Senior VP of Operations & Director of Cheniere Energy Partners GP LLC0.92yrno datano data
Zach Davis
Senior VP0.17yrno datano data
Oliver Richard
Director of Cheniere Energy Partners GP LLC8.08yrsUS$239.50k0.0023%
$ 417.7k
Ellis McCain
Independent Director of Cheniere Energy Partners GP LLC13.58yrsUS$244.57k0.0017%
$ 306.0k
Vincent Pagano
Independent Director of Cheniere Energy Partners GP LLC7.83yrsUS$234.86k0.0012%
$ 208.8k
Wallace Henderson
Director of of Cheniere Energy Partners GP LLC0.083yrno datano data
James Ball
Independent Director of Cheniere Energy Partners GP LLC7.83yrsUS$264.50k0.0026%
$ 473.5k
Mark Murski
Director of of Cheniere Energy Partners GP LLC0.083yrno datano data
Eric Bensaude
Director of Cheniere Energy Partners GP LLC4.08yrsno datano data
Scott Peak
Director of of Cheniere Energy Partners GP LLC0.083yrno datano data

4.1yrs

Average Tenure

61yo

Average Age

Experienced Board: CQP's board of directors are considered experienced (4.1 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cheniere Energy Partners, L.P.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cheniere Energy Partners, L.P.
  • Ticker: CQP
  • Exchange: AMEX
  • Founded: 2003
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Implied Market Cap: US$18.002b
  • Market Cap: US$17.517b
  • Shares outstanding: 493.89m
  • Website: https://www.cheniere.com/about-us/cheniere-partners/

Location

  • Cheniere Energy Partners, L.P.
  • 700 Milam Street
  • Suite 1900
  • Houston
  • Texas
  • 77002
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CQPAMEX (NYSE MKT LLC)YesCommon UnitsUSUSDMar 2007
C64DB (Deutsche Boerse AG)YesCommon UnitsDEEURMar 2007

Biography

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 Sab ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 23:56
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.