Q4 Earnings Forecast for CQP Issued By US Capital Advisors

Cheniere Energy Partners, L.P. (NYSE:CQP) – Research analysts at US Capital Advisors reduced their Q4 2027 earnings estimates for shares of Cheniere Energy Partners in a research note issued to investors on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now expects that the company will post earnings per share of $1.06 for the quarter, down from their prior forecast of $1.07. The consensus estimate for Cheniere Energy Partners’ current full-year earnings is $4.43 per share.

Cheniere Energy Partners (NYSE:CQP) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $1.13. The company had revenue of $2.58 billion during the quarter. During the same period in the prior year, the company posted $0.91 earnings per share. The company’s revenue was up 5.2% on a year-over-year basis.

Several other analysts have also issued reports on the stock. Weiss Ratings upgraded shares of Cheniere Energy Partners from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Royal Bank Of Canada lifted their target price on Cheniere Energy Partners from $62.00 to $65.00 and gave the company a “sector perform” rating in a research report on Monday, August 24th. Barclays raised 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. Finally, JPMorgan Chase & Co. boosted their price target on shares of Cheniere Energy Partners from $64.00 to $65.00 and gave the stock an “underweight” rating in a research note on Friday, September 4th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, Cheniere Energy Partners has a consensus rating of “Reduce” and a consensus target price of $62.00.

Cheniere Energy Partners Stock Down 0.9%

Shares of CQP opened at $65.70 on Wednesday. Cheniere Energy Partners has a 52-week low of $49.76 and a 52-week high of $71.25. The firm’s fifty day moving average is $65.73 and its two-hundred day moving average is $63.11.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CQP. MADDEN SECURITIES Corp purchased a new stake in Cheniere Energy Partners in the 3rd quarter worth approximately $172,000. Oppenheimer & Co. Inc. acquired a new position in Cheniere Energy Partners in the 3rd quarter valued at $236,000. Sigma Planning Corp lifted its stake in shares of Cheniere Energy Partners by 4.5% during the 3rd quarter. Sigma Planning Corp now owns 4,215 shares of the company’s stock worth $257,000 after purchasing an additional 183 shares during the period. Powell Investment Advisors LLC lifted its stake in shares of Cheniere Energy Partners by 1.2% during the 3rd quarter. Powell Investment Advisors LLC now owns 18,490 shares of the company’s stock worth $1,125,000 after purchasing an additional 218 shares during the period. Finally, IFP Advisors Inc boosted its holdings in shares of 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 during the last quarter. Institutional investors and hedge funds own 46.55% of the company’s stock.

Cheniere Energy Partners Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, November 3rd will be paid a $0.1150 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.7%. This is a negative change from Cheniere Energy Partners’s previous quarterly dividend of $0.7750. The ex-dividend date is Tuesday, November 3rd.

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.