- The energy sector came under severe pressure this year, forcing many MLPs to slash distributions, but Cheniere Energy Partners has held up well.
- CQP has a resilient business model and is on track to end the year with a healthy coverage ratio of 1.48x.
- The global LNG market has bounced back, marked by improvement in demand, increase in prices, and reduction in LNG cargo cancellations.
- CQP will further capitalize on the market’s recovery likely by extending contract coverage and growing production.
For further details see:
Cheniere Energy Partners: A Resilient LNG Play Poised To Benefit From Market Recovery