- Cheniere Energy Partners reported 2nd quarter revenue of $1.89 billion, which is a 2% decrease year-over-year. This missed the estimate of $2.06 billion.
- Earnings per unit were 95 cents, up from 84 cents year-over-year, beating the estimate of 88 cents.
- Adjusted EBITDA came in at $832 million, showing a 9.9% increase from the previous year, though it missed the estimate of $875 million.
- The company shipped 103 LNG cargoes, marking a 5.1% increase year-over-year, but fell short of the estimate of 108.05 cargoes.
- LNG export volume was 373 TBtu, up 5.1% compared to last year.
- LNG volumes loaded were 372 TBtu, representing a 5.4% increase year-over-year.
- Operating expenses were $1.13 billion, a slight increase of 1.2% from last year, and below the estimated $1.39 billion.
- Analysts’ ratings for Cheniere Energy Partners include 0 buys, 8 holds, and 7 sells.
A look at Cheniere Energy Partners LP Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have evaluated Cheniere Energy Partners LP using their Smart Scores system to gauge the long-term outlook for the company. With a top score of 5 in Dividend and Resilience, Cheniere Energy Partners LP is positioned as a robust player in the market. The company’s focus on providing clean LNG services, including liquefaction and regasification facilities, has garnered a positive outlook among investors.
Scoring well in Growth and Momentum with scores of 4, Cheniere Energy Partners LP is indicating a promising trajectory for future expansion and market performance. While the Value score of 2 suggests that the company may not be undervalued compared to its peers, its solid performance across other metrics bodes well for its overall competitiveness in the energy sector.
Summary of Cheniere Energy Partners LP: Cheniere Energy Partners, L.P. is a provider of clean liquefied natural gas (LNG), offering services such as developing, operating, and constructing natural gas liquefaction and regasification facilities, pipelines, and LNG terminals. The company caters to energy, utilities, and other trading companies globally.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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