Cheniere Energy Partners LP (CQP) was Reiterated by Barclays to “Overweight” while Lowering the Price Target of the company shares to $ 32 from a previous price target of $36 . Barclays advised their investors in a research report released on Sep 6, 2016.
Cheniere Energy Partners LP closed down -0.1 points or -0.37% at $26.86 with 3,69,424 shares getting traded on Thursday. Post opening the session at $26.77, the shares hit an intraday low of $26.35 and an intraday high of $26.9499 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on Dec 9, 2015, Michael J Wortley (CFO) purchased 4,000 shares at $21.86 per share price.
Cheniere Energy Partners L.P. (Cheniere Partners) is a limited partnership formed by Cheniere Energy Inc. (Cheniere) an energy company primarily engaged in LNG-related businesses. The Company operates through its subsidiary Sabine Pass LNG L.P. (Sabine Pass LNG) and provides regasification facilities at the Sabine Pass LNG terminal located on the Sabine Pass deep water shipping channel. The Company through its subsidiary Sabine Pass Liquefaction LLC (Sabine Pass Liquefaction) develops and constructs natural gas liquefaction facilities (the Liquefaction Project) at the Sabine Pass LNG terminal. Cheniere Partners also owns the 94-mile Creole Trail Pipeline through its subsidiary Cheniere Creole Trail Pipeline L.P. interconnects the Sabine Pass LNG terminal with interstate pipelines to transport natural gas to the Sabine Pass LNG terminal. The Companys Sabine Pass LNG terminal has five LNG storage tanks two docks and vaporizers.