Cheniere Energy Partners (NYSE:CQP – Get Free Report) had its price target cut by Wells Fargo & Company from $62.00 to $60.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “underweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential downside of 9.74% from the stock’s current price.
Several other brokerages also recently commented on CQP. Barclays upped their price objective on shares of Cheniere Energy Partners from $63.00 to $66.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. upped their price target on Cheniere Energy Partners from $64.00 to $65.00 and gave the stock an “underweight” rating in a research report on Friday, September 4th. Royal Bank Of Canada boosted their price target on shares of Cheniere Energy Partners from $62.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Monday, August 24th. Finally, Weiss Ratings upgraded 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 issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $62.86.
Read Our Latest Stock Analysis on CQP
Cheniere Energy Partners Stock Performance
Shares of Cheniere Energy Partners stock traded down $0.36 on Friday, reaching $66.47. 31,598 shares of the company traded hands, compared to its average volume of 113,782. The company has a debt-to-equity ratio of 19.01, a current ratio of 1.22 and a quick ratio of 1.09. The firm has a market capitalization of $32.18 billion, a PE ratio of 12.06 and a beta of 0.34. Cheniere Energy Partners has a 52 week low of $49.76 and a 52 week high of $71.25. The company has a 50 day moving average of $65.64 and a 200 day moving average of $63.23.
Cheniere Energy Partners (NYSE:CQP – Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.03. The business had revenue of $2.57 billion for the quarter. Cheniere Energy Partners had a net margin of 27.31% and a return on equity of 1,121.60%. The company’s revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 EPS. Equities analysts forecast that Cheniere Energy Partners will post 4.35 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Strategic Wealth Partners Ltd. acquired a new stake in shares of Cheniere Energy Partners during the second quarter worth $60,000. IFP Advisors Inc raised its holdings in Cheniere Energy Partners by 146.5% during the third quarter. IFP Advisors Inc now owns 1,198 shares of the company’s stock worth $73,000 after purchasing an additional 712 shares in the last quarter. Compass Financial Management LLC acquired a new stake in shares of Cheniere Energy Partners during the 2nd quarter valued at $79,000. CX Institutional purchased a new stake in Cheniere Energy Partners in the 2nd quarter worth about $86,000. Finally, Assetmark Inc. purchased a new position in Cheniere Energy Partners in the first quarter valued at about $102,000. 46.55% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Cheniere Energy Partners
Here are the key news stories impacting Cheniere Energy Partners this week:
- Positive Sentiment: Third-quarter revenue increased 7.1% year over year to $2.57 billion, while net income rose 26% to $639 million. Adjusted EBITDA also improved to $954 million from $885 million, supporting the partnership’s cash-generation profile. Cheniere Partners Q3 Revenue Rises 7% to $2.57 Billion
- Positive Sentiment: CQP reported earnings of $1.01 per common unit, above the provided consensus estimate of $0.98 and up from $0.80 a year earlier. The partnership also declared a quarterly distribution of $0.890 per unit and tightened its 2026 distribution outlook to $3.30–$3.40 per unit, compared with the previous $3.10–$3.40 range. CQP Third-Quarter Earnings Results
- Positive Sentiment: Sabine Pass Liquefaction signed a long-term agreement to supply QatarEnergy with up to 2 million tonnes of LNG annually from the early 2030s through 2054, adding visibility to future volumes and cash flows. QatarEnergy LNG Agreement
- Neutral Sentiment: Although the $1.01 result exceeded one consensus measure, another report compared it with a higher FactSet estimate of $1.06, characterizing it as a modest miss. This discrepancy may be contributing to a muted market reaction. CQP Earnings Flash
- Negative Sentiment: US Capital Advisors lowered its 2026 EPS forecast to $4.28 from $4.45, cut its 2027 estimate to $3.92 from $3.94, and reduced its fourth-quarter forecast to $1.08 from $1.16. The firm raised its 2028 estimate slightly, but the near-term reductions weigh on sentiment. CQP Gets Weaker EPS Estimate
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.
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