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Cheniere Energy Partners (CQH) Reports In-Line Q1 Earnings
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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.
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 (equity income from investment) for the quarter came in at $5.1 million, beating the Zacks Estimate of 5 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.
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Cheniere Energy Partners (CQH) Reports In-Line Q1 Earnings
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 L.P. Holdings has a Zacks Rank #2 (Buy) but that could change following its first quarter 2017 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In each of the last four quarters, the partnership delivered an earnings surprise of 0.00%.
Cheniere Energy Partners LP Holdings, LLC Price and EPS Surprise
Cheniere Energy Partners LP Holdings, LLC Price and EPS Surprise | Cheniere Energy Partners LP Holdings, LLC Quote
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 (equity income from investment) for the quarter came in at $5.1 million, beating the Zacks Estimate of 5 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.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >>