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Cheniere Energy Partners (CQH) Meets Q2 Earnings Estimates

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Houston, TX-based Cheniere Energy Partners L.P. Holdings LLC by virtue of its 55.9% ownership in Cheniere Energy Partners L.P. (CQP - Free Report) primarily operates the Sabine Pass natural gas regasification and liquefaction facilities. Cheniere Energy Partners LP Holdings also operates Creole Trail Pipeline – located in Louisiana.

Currently, Cheniere Energy Partners has a Zacks Rank #4 (Sell) but that could change following its second quarter 2016 earnings report which has just released.

We have highlighted some of the key details from the just-released announcement below:

Earnings: Cheniere Energy Partners meets earnings. Earnings per unit came in at 2 cents, same as the Zacks Consensus Estimate.

Revenue: Revenue for the quarter came in at $5.1 million.

Key Stats: As per its earnings press release, the company continues to work on its Sabine Pass Liquefaction Project. It is being developed for a maximum of 6 natural gas liquefaction trains, each having an expected yearly production capacity of approximately 4.5 million tons of LNG.

CHENIERE EP LP Price and EPS Surprise

CHENIERE EP LP Price and EPS Surprise | CHENIERE EP LP Quote

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