What is US Capital Advisors’ Forecast for CQP Q4 Earnings?

Cheniere Energy Partners, L.P. (NYSE:CQP) – Equities researchers at US Capital Advisors cut their Q4 2027 earnings estimates for shares of Cheniere Energy Partners in a research report issued on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now expects that the company will earn $1.06 per share for the quarter, down from their prior estimate of $1.07. The consensus estimate for Cheniere Energy Partners’ current full-year earnings is $4.43 per share.

Cheniere Energy Partners (NYSE:CQP) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $1.13. The company had revenue of $2.58 billion during the quarter. During the same period in the previous year, the business posted $0.91 EPS. The company’s revenue was up 5.2% on a year-over-year basis.

Several other equities analysts have also recently commented on CQP. JPMorgan Chase & Co. raised their target price on shares of Cheniere Energy Partners from $64.00 to $65.00 and gave the company an “underweight” rating in a research note on Friday, September 4th. Barclays upped their price target on shares of Cheniere Energy Partners from $63.00 to $66.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Royal Bank Of Canada increased their target price on Cheniere Energy Partners from $62.00 to $65.00 and gave the company a “sector perform” rating in a report on Monday, August 24th. Finally, Weiss Ratings raised Cheniere Energy Partners from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $62.00.

Cheniere Energy Partners Stock Down 0.9%

NYSE:CQP opened at $65.70 on Wednesday. The stock has a 50 day moving average of $65.73 and a 200-day moving average of $63.11. Cheniere Energy Partners has a 52 week low of $49.76 and a 52 week high of $71.25.

Institutional Trading of Cheniere Energy Partners

Institutional investors have recently modified their holdings of the company. MADDEN SECURITIES Corp acquired a new stake in shares of Cheniere Energy Partners in the 3rd quarter valued at $172,000. Oppenheimer & Co. Inc. bought a new position in shares of Cheniere Energy Partners in the 3rd quarter valued at about $236,000. Sigma Planning Corp grew its holdings in Cheniere Energy Partners by 4.5% during the 3rd quarter. Sigma Planning Corp now owns 4,215 shares of the company’s stock worth $257,000 after acquiring an additional 183 shares during the period. Powell Investment Advisors LLC boosted its position in shares of Cheniere Energy Partners by 1.2% in the 3rd quarter. Powell Investment Advisors LLC now owns 18,490 shares of the company’s stock worth $1,125,000 after purchasing an additional 218 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in Cheniere Energy Partners by 146.5% in the third quarter. IFP Advisors Inc now owns 1,198 shares of the company’s stock valued at $73,000 after purchasing an additional 712 shares during the last quarter. Institutional investors and hedge funds own 46.55% of the company’s stock.

Cheniere Energy Partners Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Tuesday, November 3rd will be paid a $0.1150 dividend. The ex-dividend date is Tuesday, November 3rd. This is a negative change from Cheniere Energy Partners’s previous quarterly dividend of $0.7750. This represents a $0.46 annualized dividend and a dividend yield of 0.7%.

About Cheniere Energy Partners

Cheniere Energy Partners, L.P. (NYSE:CQP) is a publicly traded master limited partnership focused on the development, ownership and operation of liquefied natural gas (LNG) infrastructure. The partnership is sponsored by Cheniere Energy, Inc, a leading U.S. LNG company, through its ownership of Cheniere Energy Partners GP, LLC.

CQP’s principal assets include the Sabine Pass LNG facility in Cameron Parish, Louisiana, and interests associated with the Corpus Christi LNG facility in Texas.