Cheniere Energy Partners, LP Ch with ticker code (CQP) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 57 and 48 calculating the mean target price we have 52.77. With the stocks previous close at 56.26 this would imply there is a potential downside of -6.2%. The 50 day MA is 47.46 and the 200 moving average now moves to 48.74. The market cap for the company is $27,251m. Company Website: https://cqpir.cheniere.com
The potential market cap would be $25,560m based on the market concensus.
Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates natural gas liquefaction and export facility at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana. The company’s regasification facilities include 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. The company was founded in 2003 and is headquartered in Houston, Texas.
