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Key Highlights before Cheniere Energy Partners' 1Q15 Earnings (Part 1 of 5) 1Q15 earnings
Cheniere Energy Partners (CQP) is scheduled to release its earnings for 1Q15 on April 29. Its stock closed at $31.93 as of April 22.
Stock performance
Analyzing Cheniere Partners’ stock since December last year, we can see that it returned ~11%.
It had negative returns earlier on, as the graph above notes. Currently, it’s trading at levels higher than December.
Cheniere Energy Partners outperformed both the Energy Select Sector SPDR ETF (XLE)—the benchmark energy sector ETF, as well as the Alerian MLP ETF (AMLP)—the benchmark MLP (master limited partnership) ETF. However, its parent, Cheniere Energy (LNG), had superior price returns in the group. It gave ~16% positive returns since last December.
This shows that investors seem to be confident about Cheniere Energy Partners’ performance—despite weakness in commodity prices.
Although the company does face some uncertainties and risks, its “take-or-pay” contracts ensured firm grounding and positive growth prospects for Cheniere Energy Partners. We’ll discuss this in more detail later in this series.
Background
Cheniere Energy Partners is a publicly traded MLP. It was created by Cheniere Energy. Cheniere Energy owns 100% of Cheniere Energy Partners’ general partner—Cheniere Energy Partners GP, LLC. Cheniere Energy engages in the LNG (liquefied natural gas) business.
It’s part of the iShares U.S. Energy ETF (IYE). It accounts for 1.01% of IYE.
Other US LNG exporters include Chevron (CVX) and Sempra Energy (SRE).
In the next part of this series, we’ll analyze Cheniere Energy Partners’ historical performance.
Continue to Part 2 Browse this series on Market Realist:
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Cheniere Energy Inc.
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CODE : LNG |
ISIN : US16411R2085 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Cheniere Energy est une société d’exploration minière basée aux Etats-Unis D'Amerique. Cheniere Energy est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 37,8 milliards US$ (35,5 milliards €). La valeur de son action a atteint son plus bas niveau récent le 31 décembre 2001 à 0,75 US$, et son plus haut niveau récent le 23 avril 2024 à 159,19 US$. Cheniere Energy possède 237 656 695 actions en circulation. |