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Cheniere Energy Partners LP (CQP) is undergoing a correction from the all-time highs of $49.30 in September of last year. The stock now trades with a dividend yield of 7% as it finds its support level. This article will highlight further reasons why you should give CQP some consideration for your portfolio.
Quarterly Revenues Hide the True Year-on-Year Performance
Cheniere Energy Partners just released earnings fourth quarter on the 25th February, which showed growth in revenues and net income. Revenues of $1,908 million were better than the year-on-year result of $1,897 and