Cheniere Energy Partners LP (NYSEAMERICAN:CQP) – US Capital Advisors increased their Q1 2018 EPS estimates for Cheniere Energy Partners in a research note issued on Friday, April 6th. US Capital Advisors analyst J. Carreker now forecasts that the energy company will post earnings per share of $0.57 for the quarter, up from their prior estimate of $0.56. US Capital Advisors also issued estimates for Cheniere Energy Partners’ Q2 2018 earnings at $0.50 EPS, Q3 2018 earnings at $0.53 EPS, Q4 2018 earnings at $0.58 EPS, FY2018 earnings at $2.19 EPS, FY2019 earnings at $2.52 EPS and FY2020 earnings at $2.44 EPS.
Other research analysts have also issued reports about the stock. Stifel Nicolaus initiated coverage on shares of Cheniere Energy Partners in a report on Thursday, January 4th. They issued a “hold” rating and a $30.00 target price for the company. Zacks Investment Research raised shares of Cheniere Energy Partners from a “strong sell” rating to a “hold” rating in a report on Monday, January 8th. Morgan Stanley raised their target price on shares of Cheniere Energy Partners from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Monday, February 12th. Barclays set a $35.00 target price on shares of Cheniere Energy Partners and gave the company a “hold” rating in a report on Monday, February 12th. Finally, TheStreet raised shares of Cheniere Energy Partners from a “c” rating to a “b” rating in a report on Monday, March 19th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. Cheniere Energy Partners presently has an average rating of “Hold” and a consensus target price of $34.56.
Cheniere Energy Partners (NYSEAMERICAN:CQP) last announced its quarterly earnings data on Wednesday, February 21st. The energy company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.37. Cheniere Energy Partners had a net margin of 24.64% and a return on equity of 266.18%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.31 billion.
Large investors have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new stake in shares of Cheniere Energy Partners during the fourth quarter worth $224,000. Koch Industries Inc. bought a new stake in shares of Cheniere Energy Partners during the fourth quarter worth $227,000. Allianz Asset Management GmbH bought a new stake in shares of Cheniere Energy Partners during the third quarter worth $331,000. Advisor Group Inc. lifted its position in shares of Cheniere Energy Partners by 53.3% during the fourth quarter. Advisor Group Inc. now owns 13,152 shares of the energy company’s stock worth $390,000 after purchasing an additional 4,572 shares during the last quarter. Finally, Alps Advisors Inc. lifted its position in shares of Cheniere Energy Partners by 13.0% during the fourth quarter. Alps Advisors Inc. now owns 18,596 shares of the energy company’s stock worth $551,000 after purchasing an additional 2,141 shares during the last quarter.
About Cheniere Energy Partners
Cheniere Energy Partners, L.P. (Cheniere Partners) is a limited partnership formed by Cheniere Energy, Inc (Cheniere). The Company operates through liquefaction and regasification operations at the Sabine Pass LNG terminal segment. Through its subsidiary, Sabine Pass Liquefaction, LLC (SPL), it is developing, constructing and operating natural gas liquefaction facilities (the Liquefaction Project) at the Sabine Pass LNG terminal located in Cameron Parish, Louisiana, on the Sabine-Neches Waterway less than four miles from the Gulf Coast.
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