Equities Analysts Offer Predictions for CQP Q4 Earnings

Cheniere Energy Partners (NYSE:CQP) – Analysts at Zacks Research reduced their Q4 2024 EPS estimates for Cheniere Energy Partners in a research report issued to clients and investors on Wednesday, November 20th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.01 per share for the quarter, down from their previous forecast of $1.13. The consensus estimate for Cheniere Energy Partners’ current full-year earnings is $4.24 per share. Zacks Research also issued estimates for Cheniere Energy Partners’ Q1 2025 earnings at $0.99 EPS, Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $1.02 EPS, FY2025 earnings at $3.94 EPS, Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $0.96 EPS and Q3 2026 earnings at $0.97 EPS.

Cheniere Energy Partners (NYSE:CQP) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.08). Cheniere Energy Partners had a net margin of 31.28% and a negative return on equity of 328.60%. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same period in the prior year, the company earned $0.84 earnings per share. The firm’s revenue was down 3.4% compared to the same quarter last year.

Separately, Bank of America assumed coverage on shares of Cheniere Energy Partners in a report on Thursday, October 17th. They issued an “underperform” rating and a $46.00 price objective for the company.

Cheniere Energy Partners Price Performance

CQP opened at $54.64 on Friday. The firm has a market cap of $26.45 billion, a PE ratio of 11.80 and a beta of 0.67. Cheniere Energy Partners has a fifty-two week low of $45.51 and a fifty-two week high of $62.34.

Institutional Trading of Cheniere Energy Partners

Institutional investors have recently modified their holdings of the stock. Kovitz Investment Group Partners LLC acquired a new position in Cheniere Energy Partners in the third quarter valued at about $1,286,000. Rockefeller Capital Management L.P. bought a new position in Cheniere Energy Partners in the 3rd quarter valued at about $866,000. M&T Bank Corp acquired a new position in shares of Cheniere Energy Partners in the 3rd quarter valued at approximately $587,000. Van ECK Associates Corp bought a new stake in shares of Cheniere Energy Partners during the 3rd quarter worth approximately $416,000. Finally, Fred Alger Management LLC boosted its holdings in shares of Cheniere Energy Partners by 12.7% in the 3rd quarter. Fred Alger Management LLC now owns 52,962 shares of the company’s stock valued at $2,580,000 after purchasing an additional 5,969 shares in the last quarter. 46.55% of the stock is currently owned by institutional investors.

Cheniere Energy Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, November 4th were issued a $0.035 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.14 annualized dividend and a yield of 0.26%. Cheniere Energy Partners’s dividend payout ratio is presently 66.95%.

Cheniere Energy Partners Company Profile

Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana.