Cheniere Energy Partners LP Holdings LLC (CQH) was Reiterated by Barclays to “Overweight” while Lowering the Price Target of the company shares to $ 26 from a previous price target of $29 . Barclays advised their investors in a research report released on Sep 6, 2016.
Many Wall Street Analysts have commented on Cheniere Energy Partners LP Holdings LLC. Cheniere Energy Partners LP Holdings LLC was Downgraded by Goldman to ” Neutral” on Jul 20, 2016.
Cheniere Energy Partners LP Holdings LLC opened for trading at $20.16 and hit $20.42 on the upside on Thursday, eventually ending the session at $20.21, with a gain of 0.10% or 0.02 points. The heightened volatility saw the trading volume jump to 60,344 shares. Company has a market cap of $4,683 M.
Cheniere Energy Partners LP Holdings LLC is a limited liability company. The Company’s business consists of owning Cheniere Partners’ limited partner units. The Company owns 11963488 common units which are entitled to quarterly cash distributions from Cheniere Partners. It also own 135383831 subordinated units. Cheniere Partners owns and operates the LNG regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal through its wholly owned subsidiary Sabine Pass LNG L.P. (Sabine Pass LNG). Cheniere Partners also owns the 94-mile Creole Trail Pipeline through its wholly owned subsidiary Cheniere Creole Trail Pipeline L.P. (CTPL) which interconnects the Sabine Pass LNG terminal with a number of interstate pipelines. As of December 31 2014 the Company owned a 55.9% limited partner interest in Cheniere Partners. In addition the Company owned a non-economic voting interest in GP Holdco. The Company also own 45333334 Class B units.