Wolfe Research Initiates Coverage on Cheniere Energy Partners LP Holdings LLC(NYSEMKT:CQH). The shares have been rated Outperform. The rating by Wolfe Research was issued on Jun 22, 2016.
Cheniere Energy Partners LP Holdings LLC (CQH) shares turned negative on Mondays trading session with the shares closing down -0.83 points or -4.21% at a volume of 1,13,216. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $19.58. The peak price level was also seen at $19.58 while the days lowest was $18.63. Finally the shares closed at $18.87. The 52-week high of the shares is $24 while the 52-week low is $12.04. According to the latest information available, the market cap of the company is $4,372 M.
Cheniere Energy Partners LP Holdings LLC(CQH) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $5.08M. Analysts had an estimated revenue of $5.09M. Earnings per share were $0.02. Analysts had estimated an EPS of $0.02.
Cheniere Energy Partners LP Holdings LLC is a limited liability company. The Company’s business consists of owning Cheniere Partners’ limited partner units. The Company owns 11963488 common units which are entitled to quarterly cash distributions from Cheniere Partners. It also own 135383831 subordinated units. Cheniere Partners owns and operates the LNG regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal through its wholly owned subsidiary Sabine Pass LNG L.P. (Sabine Pass LNG). Cheniere Partners also owns the 94-mile Creole Trail Pipeline through its wholly owned subsidiary Cheniere Creole Trail Pipeline L.P. (CTPL) which interconnects the Sabine Pass LNG terminal with a number of interstate pipelines. As of December 31 2014 the Company owned a 55.9% limited partner interest in Cheniere Partners. In addition the Company owned a non-economic voting interest in GP Holdco. The Company also own 45333334 Class B units.