Cheniere Energy Partners LP (CQP) was Resumed by Credit Suisse to “Outperform”. Credit Suisse advised their investors in a research report released on Oct 12, 2016.
Many Wall Street Analysts have commented on Cheniere Energy Partners LP. Shares were Reiterated by Barclays on Sep 6, 2016 to “Overweight” and Lowered the Price Target to $ 32 from a previous price target of $36 .
Cheniere Energy Partners LP closed down -0.29 points or -0.99% at $29.06 with 1,41,511 shares getting traded on Tuesday. Post opening the session at $29.12, the shares hit an intraday low of $28.96 and an intraday high of $29.327 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.