Cheniere Energy Partners LP (NYSEAMERICAN:CQP) – Equities researchers at US Capital Advisors cut their FY2017 EPS estimates for Cheniere Energy Partners in a research report issued on Thursday. US Capital Advisors analyst J. Carreker now anticipates that the energy company will post earnings per share of ($0.84) for the year, down from their previous forecast of $1.41. US Capital Advisors also issued estimates for Cheniere Energy Partners’ Q4 2017 earnings at $0.38 EPS, Q1 2018 earnings at $0.56 EPS, Q2 2018 earnings at $0.41 EPS, Q4 2018 earnings at $0.56 EPS and FY2018 earnings at $1.98 EPS.

CQP has been the subject of a number of other reports. Zacks Investment Research raised shares of Cheniere Energy Partners from a “strong sell” rating to a “hold” rating in a research note on Monday. Stifel Nicolaus initiated coverage on shares of Cheniere Energy Partners in a research note on Thursday, January 4th. They set a “hold” rating and a $30.00 price objective for the company. BMO Capital Markets initiated coverage on shares of Cheniere Energy Partners in a research note on Monday, September 25th. They set an “outperform” rating and a $32.00 price objective for the company. Royal Bank of Canada reduced their price objective on shares of Cheniere Energy Partners from $35.00 to $32.00 and set an “outperform” rating for the company in a research note on Monday, October 16th. Finally, BidaskClub raised shares of Cheniere Energy Partners from a “strong sell” rating to a “sell” rating in a research note on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $33.63.

Shares of Cheniere Energy Partners (NYSEAMERICAN CQP) opened at $29.94 on Monday. Cheniere Energy Partners has a 1-year low of $26.41 and a 1-year high of $33.47. The firm has a market cap of $14,370.00, a PE ratio of 51.62 and a beta of 0.97.

Cheniere Energy Partners (NYSEAMERICAN:CQP) last issued its quarterly earnings results on Tuesday, November 14th. The energy company reported ($1.10) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($1.56). Cheniere Energy Partners had a net margin of 2.55% and a return on equity of 19.48%. The business had revenue of $903.00 million during the quarter, compared to analyst estimates of $1.14 billion.

In related news, major shareholder Group L.P. Blackstone purchased 459,823 shares of Cheniere Energy Partners stock in a transaction dated Friday, December 29th. The stock was acquired at an average cost of $29.56 per share, with a total value of $13,592,367.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Gso Holdings I. Llc purchased 228,535 shares of Cheniere Energy Partners stock in a transaction dated Friday, December 28th. The stock was bought at an average cost of $29.63 per share, with a total value of $6,771,492.05. The disclosure for this purchase can be found here. Insiders have acquired 838,701 shares of company stock valued at $24,581,185 over the last ninety days.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Allianz Asset Management GmbH acquired a new position in Cheniere Energy Partners in the third quarter worth approximately $331,000. First Allied Advisory Services Inc. increased its holdings in Cheniere Energy Partners by 45.0% in the third quarter. First Allied Advisory Services Inc. now owns 26,309 shares of the energy company’s stock worth $759,000 after buying an additional 8,160 shares during the last quarter. California Public Employees Retirement System increased its holdings in Cheniere Energy Partners by 18.1% in the third quarter. California Public Employees Retirement System now owns 38,734 shares of the energy company’s stock worth $1,116,000 after buying an additional 5,934 shares during the last quarter. Jane Street Group LLC increased its holdings in Cheniere Energy Partners by 7.7% in the third quarter. Jane Street Group LLC now owns 55,075 shares of the energy company’s stock worth $1,587,000 after buying an additional 3,953 shares during the last quarter. Finally, Blackstone Group L.P. increased its holdings in Cheniere Energy Partners by 5,731.3% in the third quarter. Blackstone Group L.P. now owns 202,450,687 shares of the energy company’s stock worth $5,834,629,000 after buying an additional 198,978,886 shares during the last quarter.

COPYRIGHT VIOLATION WARNING: “FY2017 EPS Estimates for Cheniere Energy Partners LP Lowered by US Capital Advisors (CQP)” was first posted by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international trademark & copyright law. The legal version of this piece of content can be read at https://www.watchlistnews.com/fy2017-eps-estimates-for-cheniere-energy-partners-lp-lowered-by-us-capital-advisors-cqp/1800780.html.

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.

Receive News & Ratings for Cheniere Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy Partners and related companies with Analyst Ratings Network's FREE daily email newsletter.