Headquartered in Houston, TX·Fiscal year ends December·NYSE MKT: CQP·cqpir.cheniere.com
About Cheniere Energy Partners
Cheniere Energy Partners, L.P. (NYSE: CQP) owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana, which includes natural gas liquefaction facilities with a total production capacity of over 30 million tonnes per annum (mtpa) of LNG, inclusive of debottlenecking opportunities. The terminal also features operational regasification facilities including five LNG storage tanks, vaporizers, and three marine berths. The partnership also owns the Creole Trail Pipeline, which interconnects the Sabine Pass LNG terminal with major interstate and intrastate pipelines. Cheniere Partners is developing the SPL Expansion Project, an expansion adjacent to the existing facility targeting up to approximately 20 mtpa of additional LNG production capacity. The first phase, Train 7, has an expected capacity of over 6 mtpa and is under an EPC contract with Bechtel. The partnership generates revenue primarily through long-term LNG sale and purchase agreements, including contracts with affiliates, as well as regasification services. It is a subsidiary of Cheniere Energy, Inc. (NYSE: LNG). Updated
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Cheniere Energy Partners, L.P. (NYSE: CQP) owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana, which includes natural gas liquefaction facilities with a total production capacity of over 30 million tonnes per annum (mtpa) of LNG, inclusive of debottlenecking opportunities.
What is the CQP stock price target?
24/7 Wall St.'s 12-month price target for CQP is $70.98, rated Buy. The Wall Street consensus target is $60.00. CQP price prediction →