Cheniere Energy Partners (NYSE:CQP) Given Daily Coverage Optimism Rating of 0.11
News articles about Cheniere Energy Partners (NYSE:CQP) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cheniere Energy Partners earned a news impact score of 0.11 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.8437232308367 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Cheniere Energy Partners LP (NYSE:CQP) Short Interest Down 8.9% in July (americanbankingnews.com)
- Cheniere Energy Partners LP (CQP) Announces Earnings Results (americanbankingnews.com)
- Cheniere Reports Second Quarter 2017 Results, Raises Full Year Guidance (finance.yahoo.com)
- Cheniere Energy Partners LP Holdings, LLC Reports Second Quarter 2017 Results (finance.yahoo.com)
- Cheniere Energy Partners, L.P. Reports Second Quarter 2017 Results (finance.yahoo.com)
Shares of Cheniere Energy Partners (CQP) opened at 28.29 on Friday. The company’s market cap is $9.56 billion. The stock’s 50 day moving average price is $30.60 and its 200 day moving average price is $31.43. Cheniere Energy Partners has a 1-year low of $25.97 and a 1-year high of $33.47.
Cheniere Energy Partners (NYSE:CQP) last released its earnings results on Tuesday, August 8th. The company reported ($3.71) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by $4.19. The company had revenue of $992 million during the quarter, compared to analyst estimates of $771.91 million. Cheniere Energy Partners had a net margin of 5.27% and a return on equity of 42.56%. Equities research analysts forecast that Cheniere Energy Partners will post $2.37 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, August 11th. Investors of record on Tuesday, August 1st will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date of this dividend is Friday, July 28th.
CQP has been the subject of several recent analyst reports. Zacks Investment Research downgraded Cheniere Energy Partners from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 13th. Scotiabank set a $34.00 price target on Cheniere Energy Partners and gave the stock a “hold” rating in a research note on Saturday, July 22nd. TheStreet downgraded Cheniere Energy Partners from a “b-” rating to a “c+” rating in a research note on Friday, May 5th. Guggenheim initiated coverage on Cheniere Energy Partners in a research note on Monday, April 17th. They set a “neutral” rating and a $36.00 price target for the company. Finally, Barclays PLC reiterated an “overweight” rating and set a $34.00 price target (up previously from $32.00) on shares of Cheniere Energy Partners in a research note on Wednesday, April 19th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Cheniere Energy Partners presently has a consensus rating of “Hold” and an average target price of $35.00.
Cheniere Energy Partners Company Profile
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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