Cheniere Energy Partners LP is primarily engaged in the business of liquefied natural gas (LNG) production and export
The company operates a terminal located in the Gulf Coast region, where it processes natural gas into LNG, making it suitable for transportation and export to international markets. By leveraging its strategic infrastructure and expertise in natural gas logistics, Cheniere Energy Partners plays a significant role in meeting global energy demands while promoting the use of cleaner fuel options. The company also focuses on long-term contracts with customers to ensure reliable supply and pricing stability within the evolving energy landscape.
After a terrible start to August, the market has completely turned around. The S&P 500 has moved 7.5% higher since Aug. 5, and it was recently hovering near its old high. In this environment, Cheniere Energy's dividend yield of 7.3% is appealing.
CQP stock results show that Cheniere Energy Partners beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
