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CQP - Cheniere Energy Partners Is A Buy Due To Strong LNG Market Outlook
November, 09 2022 03:32 AM
Cheniere Energy Partners LP
Summary Cheniere Energy Partners reported a net loss of $514 million in 3Q 2022. However, it was due to non-cash unfavorable changes in the fair value of commodity derivatives. In 2023, CQP will be able to recognize its LNG sale associated with its long-term natural gas agreement. Thus, the company’s margin ratios and return ratios will improve. The stock is a buy. For further details see:
Cheniere Energy Partners Is A Buy Due To Strong LNG Market Outlook
Stock Information
Company Name:
Cheniere Energy Partners LP
Stock Symbol:
CQP
Market:
NYSE
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