Cheniere Energy Partners, LP Ch with ticker code (CQP) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 52 and 39 with the average target price sitting at 45.87. With the stocks previous close at 52.59 this is indicating there is a potential downside of -12.8%. The 50 day MA is 45.91 and the 200 moving average now moves to 43.02. The market cap for the company is $26,133m. Company Website: https://cqpir.cheniere.com
The potential market cap would be $22,793m based on the market concensus.
Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana on the Sabine-Neches Waterway. The company’s regasification facilities include infrastructure of 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. Cheniere Energy Partners, L.P. was founded in 2003 and is based in Houston, Texas.
