Cheniere Energy Partners LP
CQP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$33.00 | Xlh | Mqmnqnvs |
Cheniere Energy Partners Earnings: Distribution Cut Makes Sense to Prefund Sabine Pass Expansion
Cheniere Energy Partners’ results for the fourth quarter and full year met our expectations, though we expect to trim our 2024 forecast to reflect weaker marketing spreads. Initially, we expect to maintain our $52 fair value estimate and wide moat rating.