AI Spotlight on CQP
Company Description
Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates natural gas liquefaction and export facility at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana.The company's regasification facilities include 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 GP, LLC serves as the general partner of the company.The company was founded in 2003 and is headquartered in Houston, Texas.
Market Data
Last Price | 61.86 |
Change Percentage | -2.26% |
Open | 62.74 |
Previous Close | 63.29 |
Market Cap ( Millions) | 29943 |
Volume | 133305 |
Year High | 63.01 |
Year Low | 45.51 |
M A 50 | 56.58 |
M A 200 | 51.09 |
Financial Ratios
FCF Yield | 7.12% |
Dividend Yield | 5.60% |
ROE | 3557.96% |
Debt / Equity | -2492.33% |
Net Debt / EBIDTA | 356.80% |
Price To Book | -47.83 |
Price Earnings Ratio | 10.72 |
Price To FCF | 14.04 |
Price To sales | 3.35 |
EV / EBITDA | 10.56 |
News
- Jan -21 - Is Cheniere Energy Partners, L.P. (CQP) Stock Outpacing Its Oils-Energy Peers This Year?
- Nov -24 - Why Is The Smart Money So Down On These Monster Dividends?
- Nov -12 - Cheniere Announces Publication of Updated Peer-Reviewed LNG Life Cycle Assessment
- Nov -04 - Cheniere Partners Misses Earnings and Revenue Estimates in Q3
- Oct -31 - Cheniere Partners Reports Third Quarter 2024 Results and Reconfirms Full Year 2024 Distribution Guidance
- Oct -07 - Cheniere Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
- Oct -04 - Midstream Energy - Relative Quality
- Aug -18 - Contrarian Alert: 6 Hated Dividend Stocks Yielding Up To 13%
- Aug -18 - Contrarian Alert: 6 Hated Dividend Stocks Yielding Up To 13%
- Aug -12 - Cheniere Partners (CQP) Q2 Earnings Beat, Revenues Fall Y/Y
- Aug -12 - Cheniere Energy Partners, L.P. (CQP) Q2 2024 Earnings Call Transcript
- Jul -26 - Here's Why You Should Retain Cheniere Partners (CQP) Stock Now
- Jul -18 - Cheniere Energy Partners, L.P. (CQP) Upgraded to Strong Buy: What Does It Mean for the Stock?
- Jul -18 - Best Income Stocks to Buy for July 18th
- Jul -15 - Best Income Stocks to Buy for July 15th
- Jul -15 - Best Value Stocks to Buy for July 15th
- Jul -10 - 5 Alternative Energy Stocks to Buy Amid Solid Industry Rally
- Jun -07 - Here's Why You Should Retain Cheniere Partners (CQP) Stock
- May -20 - Q2 2024 Earnings Forecast for Cheniere Energy Partners, L.P. (NYSE:CQP) Issued By Zacks Research
- May -08 - Cheniere Partners (CQP) Q1 Earnings Beat, Revenues Dip Y/Y
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Liquefied Natural Gas
Expected Growth : 6 %
What the company do ?
Liquefied Natural Gas (LNG) from Cheniere Energy Partners, L.P. is a leading producer of LNG, providing clean energy globally through its Sabine Pass and Corpus Christi terminals.
Why we expect these perspectives ?
Cheniere Energy Partners' 6% growth in Liquefied Natural Gas (LNG) is driven by increasing global demand, particularly from Asia, and the company's strategic expansion into new markets. Rising production capacity, improved operational efficiency, and favorable long-term contracts also contribute to this growth.
Segment nΒ°2 -> Liquefied Natural Gas - Affiliate
Expected Growth : 5.5 %
What the company do ?
Cheniere Energy Partners, L.P.'s Liquefied Natural Gas (LNG) Affiliate is a subsidiary that focuses on the production, storage, and export of LNG, a cleaner-burning fossil fuel.
Why we expect these perspectives ?
Cheniere Energy Partners' LNG affiliate benefits from increasing global demand for clean energy, driven by environmental policies and energy security concerns. The growth is also fueled by the company's strategic location, allowing for efficient exports to high-demand markets, and its cost-competitive production capabilities.
Segment nΒ°3 -> Regasification
Expected Growth : 5 %
What the company do ?
Regasification from Cheniere Energy Partners, L.P. is a process of converting liquefied natural gas (LNG) back into its gaseous state for distribution and use.
Why we expect these perspectives ?
Cheniere Energy Partners' regasification growth is driven by increasing global LNG demand, strategic US Gulf Coast location, and long-term contracts with creditworthy counterparties. Additionally, the partnership's ability to provide flexible and reliable LNG supply, coupled with its low-cost operations and expansion projects, supports its 5% growth rate.
Segment nΒ°4 -> Other
Expected Growth : 4.5 %
What the company do ?
The 'Other' segment from Cheniere Energy Partners, L.P. includes all non-liquefaction and non-regasification activities, such as pipeline transportation and storage.
Why we expect these perspectives ?
Cheniere Energy Partners, L.P.'s 4.5% growth is driven by increasing demand for liquefied natural gas (LNG), expansion of Sabine Pass and Corpus Christi terminals, and rising global energy demand. Additionally, strategic partnerships, cost savings initiatives, and a strong balance sheet support the company's growth momentum.
Cheniere Energy Partners, L.P. Products
Product Range | What is it ? |
---|---|
LNG | Liquefied Natural Gas, a natural gas that has been converted to a liquid state, making it easier and more cost-effective to store and transport. |
Natural Gas | A fossil fuel composed primarily of methane, used as a clean-burning fuel for power generation, industrial processes, and heating. |
Regasification Services | Services provided to receive, store, and regasify LNG, making it available for use in the natural gas pipeline system. |
Pipeline Transportation Services | Services provided to transport natural gas through pipelines, connecting supply sources to demand markets. |
Terminal Services | Services provided to receive, store, and deliver LNG, natural gas, and other hydrocarbons. |
Cheniere Energy Partners, L.P.'s Porter Forces
Threat Of Substitutes
Cheniere Energy Partners, L.P. operates in the liquefied natural gas (LNG) industry, which has limited substitutes. However, the increasing adoption of renewable energy sources and energy storage technologies poses a moderate threat of substitutes.
Bargaining Power Of Customers
Cheniere Energy Partners, L.P. has a diversified customer base, including major oil companies, utilities, and trading companies. However, the company's customers have limited bargaining power due to the lack of alternative suppliers.
Bargaining Power Of Suppliers
Cheniere Energy Partners, L.P. relies on a few major suppliers for its LNG feedstock. While the company has some bargaining power due to its large scale, the suppliers also have some bargaining power due to the limited availability of LNG supply.
Threat Of New Entrants
The LNG industry has high barriers to entry, including significant capital requirements, regulatory hurdles, and technical expertise. This limits the threat of new entrants and provides a competitive advantage to established players like Cheniere Energy Partners, L.P.
Intensity Of Rivalry
The LNG industry is highly competitive, with several established players competing for market share. Cheniere Energy Partners, L.P. faces intense rivalry from companies like ExxonMobil, Shell, and Total, which could impact its market share and pricing power.
Capital Structure
Value | |
---|---|
Debt Weight | 94.98% |
Debt Cost | 6.38% |
Equity Weight | 5.02% |
Equity Cost | 7.32% |
WACC | 6.43% |
Leverage | 1892.43% |
Cheniere Energy Partners, L.P. : Quality Control
Cheniere Energy Partners, L.P. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
ET | Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural β¦ |
WMB | The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, β¦ |
EPD | Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four β¦ |
OKE | ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas β¦ |
MPLX | MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company β¦ |