Cheniere Energy Partners LP

The ongoing trade war and geopolitical uncertainties are keeping the stock markets volatile. This may attract investors to dividend stocks.

Cheniere Energy’s (LNG) earnings are scheduled to be released on Thursday. According to the consensus estimates, the company will report an EPS of $0.34.

Leading LNG (liquified natural gas) exporter Cheniere Energy (LNG) could be one of the beneficiaries of the improving trade talks between the US and China.

Cheniere Energy (LNG), a leading liquified natural gas exporter, reported its first-quarter earnings results on May 9.

Analysts seem positive on Cheniere Energy (LNG) stock. The stock offers a potential upside of ~22% based on analysts’ target price of $79.5.

Cheniere Energy Partners (CQP), Cheniere Energy’s MLP subsidiary, is currently trading at a distribution yield of 5.6%.

With the rising US natural gas production, natural gas exports continue to rise.

The EIA expects US natural gas prices to average $2.89 per MMBtu in 2019. For 2020, the forecast is $2.92 per MMBtu.

Cheniere Energy Partners, Magellan Midstream Partners, and Noble Midstream Partners were among the biggest gains last week.

On February 19, TD Securities raised its target price for Enbridge (ENB) from 56 Canadian dollars to 57 Canadian dollars.

Targa Resources (TRGP) was the top midstream underperformer last week. Targa Resources fell 8.0% for the week.

Cheniere Energy (LNG) stock rallied ~13% in the last 12 months. The stock is trading at a forward EV-to-EBITDA multiple of 13.5x.

Weatherford International (WFT) outperformed the energy space for the second consecutive week.

Cheniere Energy (LNG) stock rallied approximately 11% in the last 12 months. It’s trading at a forward EV-to-EBITDA multiple of 13.7x, based on its projected earnings for the next 12 months.

NuStar Energy (NS), Viper Energy Partners (VNOM), and CVR Refining (CVRR) fell 8.9%, 8.6%, and 7.7%, respectively, last week.

In the past 12 months, Cheniere Energy returned 49%. The company outperformed its peers and even broader markets.

On September 17, Cheniere Energy (LNG) announced that it signed a 15-year agreement to supply liquified natural gas to Vitol Group.

Cheniere Energy (LNG) stock continues to look strong. Recently, it broke above its 50-day moving average level.

Cheniere Energy Partners (CQP), the MLP subsidiary of Cheniere Energy (LNG), has experienced huge earnings growth in recent quarters.

In this series, we’ll look at the historical outliers in midstream energy, which have generated massive wealth amid turbulent times.

CNX Midstream Partners (CNXM) was the top MLP gainer in the week ending June 15. CNX Midstream Partners rose 7.7%.

Alliance Resource Partners (ARLP) and Alliance Holdings GP (AHGP) were among the top MLP gainers in the week ending May 25.

82% of analysts surveyed by Reuters rate Cheniere Energy (LNG) as a “buy” as of May 24.

Cheniere Energy Partners (CQP), the MLP subsidiary of Cheniere Energy (LNG), continues to lead in terms of earnings growth among top MLPs.

Master limited partnerships or MLPs saw continued strong earnings growth in 1Q18 after a solid fourth quarter of 2017.

Cheniere Energy (LNG) has been rallying since its 1Q18 earnings announcement on May 4. The US LNG exporter is up over 5% since then.

Cheniere Energy (LNG) surprised Wall Street yet again with its strong operating performance today.

Cheniere Energy and its MLP subsidiaries are scheduled to release their 1Q18 earnings on May 4, 2018.

Bernstein upgraded Cheniere Energy (LNG) to “outperform” and increased the company’s target price to $63 from $55.

Cheniere Energy (LNG) stock saw a sharp rally on April 9, 2018, due to a general recovery in the US energy sector and broader markets.

As a result of substantial natural gas resources and a significant increase in natural gas production, the US Energy Information Administration (EIA) expects an increase in US natural gas exports.

Cheniere Energy Partners (CQP), the MLP midstream subsidiary of Cheniere Energy (LNG), saw an upward revision of its target price last week.

Currently, 78% of the analysts surveyed by Reuters rate Cheniere Energy as a “buy” as of March 22, 2018, while the remaining 22% rate it as a “hold.”

Cheniere Energy stock saw a sharp decline on March 22, 2018, amid concerns about a full-blown trade war between the US and China.

According to the US EIA (Energy Information Administration), the US exported more natural gas than it imported in 2017.

Among the analysts surveyed by Reuters, 76% rate Cheniere Energy (LNG) as a “buy” as of March 6, 2018, while the remaining 24% rate it as a “hold.”

The number of institutional holders in Cheniere Energy (LNG) increased to 577 by the end of the fourth quarter—compared to 540 in the previous quarter.

Cheniere Energy (LNG) stock has been volatile since the beginning of the year. The stock saw a new YTD low of $51.2 at the beginning of March.

After a solid 3Q17, master limited partnerships’ strong earnings performances continued in 4Q17.

Cheniere Energy is trading 4.4% above its 50-day simple moving average and 18.0% above its 200-day simple moving average.

Cheniere Energy’s revenue increased to $1.746 billion in 4Q17 from $572.0 million in 4Q16—a 205.5% increase YoY.

76% of analysts surveyed by Reuters rate Cheniere Energy (LNG) a “buy” as of February 15, 2018, while the remaining 24% rate it a “hold.”

Barclays recently raised Cheniere Energy’s target price to $62 from $58. Cheniere Energy’s recent deal with Trafigura could be one of the reasons.

Cheniere Energy’s subsidiary, Cheniere Marketing, recently entered into a long-term SPA (sale and purchase agreement) with Trafigura.

Cheniere Energy (LNG) has risen 9.7% in the last six trading sessions. It rose 12.1% in December 2017 alone.

Cheniere Energy’s MLP subsidiary, Cheniere Energy Partners (CQP), has “hold” ratings from 53.3% of analysts.

Cheniere Energy’s (LNG) total outstanding debt was ~$26.0 billion by the end of 3Q17, which is ~$3.0 billion higher than the total debt outstanding by the end of 2016.

Despite strong revenue growth, Cheniere Energy’s net loss widened to $289.0 million in 3Q17 compared to $101.0 million in 3Q16.

Although Cheniere Energy (LNG) had a weak start to December 2017, it has bounced back since then. Overall, the LNG (liquefied natural gas) exporter has gained 2.8% in December.

According to the U.S. Energy Information Administration (EIA), the United States is currently the world’s largest natural gas producer.

The number of institutional holders in Cheniere Energy (LNG) fell to 540 by the end of the third quarter—compared to 543 in the previous quarter.

Four of the top MLP losers last week were marine transportation MLPs, including GMLP, CPLP, KNOP, and NAP.

CQH outperforms Cheniere Energy Partners LP Holdings (CQH) has risen nearly 15% in 2017. Interestingly, CQH has risen more than Cheniere Energy (LNG) and Cheniere Energy Partners (CQP). In comparison, the Alerian MLP Index has fallen nearly 15%. CQH’s only business consists of owning CQP’s common and subordinated units, representing ~48.6% limited partner interest in CQP […]

Cheniere Energy (LNG) stock has had a positive reaction from investors. It has risen 1.5% since the 3Q17 earnings announcement on November 14, 2017.

Cheniere Energy (LNG) and its subsidiaries reported their 3Q17 earnings on November 14, 2017. Cheniere Energy’s revenue rose to $1.4 billion, a 201.7% YoY rise.

Cheniere Energy (LNG) has a “buy” rating from 80.0% of analysts surveyed by Reuters while the remaining 20.0% rate it a “hold” as of November 10.

Cheniere Energy (LNG) had a strong start to October. Cheniere Energy has lost 6.2% from the three-month high of $47.9, which it saw on October 17.

Cheniere Energy’s (LNG) MLP subsidiary, Cheniere Energy Partners (CQP), announced a quarterly distribution increase for the first time since its IPO.

As of October 18, 80.0% of the analysts surveyed by the Reuters rate Cheniere Energy (LNG) stock a “buy,” while the remaining 20.0% rate it a “hold.”

Of the analysts surveyed by Reuters, 57.1% rated Cheniere Energy Partners (CQP) as a “hold,” and the remaining 42.9% rated it as a “buy.”

Dominion Energy Midstream Partners’ (DM) average target price of $33.70 implies a 5.5% upside potential from its current price levels.

Upstream MLPs EV Energy Partners (EVEP), Mid-Con Energy Partners (MCEP), and Legacy Reserves (LGCY) rose 17.6%, 13.7%, and 11.8%, respectively, in the week ended September 29.

Hurricane Harvey hit the US Gulf Coast last week. The US Gulf Coast is a major destination for US refineries and energy infrastructure.

About 79.0% of analysts rate Cheniere Energy a “buy,” and the remaining 21.0% rate it a “hold” as of August 10, 2017.

Cheniere Energy (LNG) had a weak month in July. It fell a huge 7.2%, and the weakness continues in August.

Cheniere Energy (LNG) had a weak start to the month. To date, it’s fallen 1.1% in July 2017. At the same time, the Alerian MLP ETF has risen 0.7% YTD (year-to-date).

Cheniere Energy (LNG) rallied 3.3% on Friday, May 12, 2017, following the US-China trade deal with China.

Cheniere Energy’s outstanding debt Cheniere Energy’s (LNG) debt has continued to grow. Its total outstanding debt was $21.9 billion at the end of 2016, which is ~$5.3 billion higher than its total debt outstanding in 2015. This total includes ~$14.5 billion of debt sitting on subsidiary Cheniere Energy Partners’ (CQP) balance sheet. Cheniere Energy recently […]

Cheniere Energy (LNG) had a decent first quarter in terms of stock performance. In this series, we’ll look into its operating performance, key performance indicators, and balance position.

In this article, we’ll look at what Wall Street analysts recommend for Cheniere Energy (LNG). At a broader level, 85.0% of analysts rated Cheniere Energy as a “buy.”

Cheniere Energy and its MLP subsidiaries, Cheniere Energy Partners and Cheniere Energy Partners Holdings, reported their 4Q16 earnings on February 28, 2017.

The average target price of $53.0 for Cheniere Energy implies a 13.5% price return in the next 12 months from its February 17 closing price of $46.7.

Cheniere Energy (LNG) rose 11.2% in 2016. It had a strong start to 2017 as well. It has risen 12.7% since the beginning of 2017.

Cheniere Energy’s total outstanding debt by the end of 2Q16 was $20.8 billion. Its debt was ~$4.2 billion higher than the total outstanding debt in 2015.

Cheniere Energy, which started its LNG exports to South America, benefited from higher LNG exports to Asian markets, including China (EEM), during 4Q16.

The sudden spike in US natural gas (UNG) exports is mainly due to higher LNG (liquefied natural gas) exports.

Enterprise Products Partners, Magellan Midstream Partners, and Cheniere Energy Partners stocks are among the top MLP gainers over the last five-year period.

Cheniere Energy’s outstanding debt Cheniere Energy’s (LNG) total outstanding debt by the end of the second quarter was $20.8 billion, which was $4.2 billion higher than its total debt outstanding in 2015. This includes $13.9 billion of debt on Cheniere Energy Partners’ (CQP) balance sheet. Cheniere Energy Partners’ subsidiary, SPL (Sabine Pass Liquefaction), was upgraded […]

Cheniere Energy (LNG) and its MLP subsidiaries, Cheniere Energy Partners (CQP) and Cheniere Energy Partners Holdings (CQH), reported their 3Q16 earnings on November 3, 2016.

Analysts’ ratings for Cheniere Energy In this article, we’ll look at what Wall Street analysts recommend for Cheniere Energy (LNG) ahead of its 3Q16 earnings announcement. 72.7% of analysts rate Cheniere Energy a “buy,” 18.2% rate it a “hold,” and the remaining 9.1% rate it a “sell.” The median broker target price of $52.50 for […]

Cheniere Energy’s high leverage Cheniere Energy’s (LNG) total outstanding debt by the end of the second quarter was $19.5 billion, which was ~$3.0 billion higher than its total debt outstanding in 2015. This includes $13.2 billion of debt from subsidiary Cheniere Energy Partners (CQP). Cheniere Energy Partners issued $1.5 billion in senior secured notes in September […]

Cheniere Energy (LNG) and its MLP subsidiaries, Cheniere Energy Partners (CQP) and Cheniere Energy Partners Holdings (CQH), are scheduled to release their 3Q16 earnings results on November 3, 2016.

On October 10, 2016, EnLink Midstream (ENLC) had a short interest-to-equity float ratio of 10.7%, the highest among all midstream companies that are part of AMLP.

On October 3, 2016, EnLink Midstream (ENLC) had a short interest-to-equity float ratio of 10.7%—the highest among all of the midstream stocks.

Cheniere Energy Partners LP Holdings (CQH) shares rallied 7.0% on Friday, September 30, 2016, after Cheniere Energy (LNG) announced it would acquire its remaining stake in CQH.

Cheniere Energy (LNG) is looking to simplify its organizational structure by acquiring its remaining stake in Cheniere Energy Partners LP Holdings (CQH).

As of August 29, 2016, EnLink Midstream (ENLC) had the highest short interest-to-equity float ratio among midstream stocks at 10.1%.

On a broader level, 72.7% of analysts rate Cheniere Energy a “buy,” 18.2% rate it as “hold,” and the remaining 9.1% rate it as “sell.”

Cheniere Energy issued ~$2.8 billion in senior secured notes in 2Q16 to repay borrowing under the credit facilities at Sabine Pass and Corpus Christi.

Cheniere Energy’s (LNG) total outstanding debt at the end of first quarter of 2016 was $16.3 billion. That’s $4.2 billion higher than the total debt outstanding in 1Q15.

Nearly 20.9% of Calumet’s floating shares are held by ~139 institutional investors. The percentage of float held decreased from nearly 24.2% at the end of 1Q16.

NuStar Energy’s (NS) short interest as a percentage of float, or short ratio, has changed dramatically since the beginning of 2016.

Compared to the previous quarter, Blackstone’s private equity portfolio value rose by 2.8%.

Cheniere Energy isn’t generating enough cash to service its debt and interest payments. Its cash flow from operations stayed negative in recent quarters.

Cheniere Energy (LNG) and Cheniere Energy Partners (CQP) have plans to construct six liquefaction trains at the Sabine Pass Terminal facility.

Cheniere Energy and Cheniere Partners are ready to start a new era in the US natural gas industry. They commissioned the first LNG export cargo from the US.

Enterprise Products Partners (EPD) declared a 1.3% quarter-over-quarter rise in its distributions to $0.39 per unit. The company’s distributions per unit rose for the 45th quarter in a row.

Kinder Morgan’s project backlog fell to $21.3 billion by the end of 3Q15, a quarter-over-quarter fall of $700 million.

Energy Transfer Equity’s (ETE) major subsidiaries include Energy Transfer Partners (ETP), Sunoco Logistics (SXL), and Sunoco LP (SUN).

We’ll take a look at recent recommendations that brokers have provided for Cheniere Energy Partners (CQP) ahead of its 2Q15 earnings release on July 29.