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Cheniere Energy Partners (CQH) Reports In-Line Q3 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 Partnersmeets 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.
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 Q3 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 #3 (Hold) but that could change following its third quarter 2016 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 EP LP Price and EPS Surprise
CHENIERE EP LP Price and EPS Surprise | CHENIERE EP LP Quote
We have highlighted some of the key details from the just-released announcement below:
Earnings: Cheniere Energy Partnersmeets 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.
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.
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>