- Cheniere Energy Partners has announced its 3Q revenue, which met estimates at $2.13 billion. This represents a decrease of 57% compared to the same period last year.
- The company’s earnings per unit were $1.19, a significant improvement from a loss per share of $1.49 year on year.
- Adjusted Ebitda was reported at $793 million, a decrease of 46% from the previous year. This fell short of the estimated $890.9 million.
- The number of LNG cargoes was 100, marking a slight decrease of 2.9% year on year.
- LNG export volume was 359 TBtu, down by 1.9% compared to the same period last year.
- LNG volumes loaded were reported at 362 TBtu, a marginal decrease of 0.3% year on year.
- Operating expenses came in at $1.14 billion, a significant reduction of 78% from the previous year. This was lower than the estimated $1.57 billion.
- Regarding market sentiment, there were no buy recommendations, 9 holds, and 7 sells for the company’s stock.
A look at Cheniere Energy Partners LP Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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
Cheniere Energy Partners LP has a long-term outlook that looks very promising. According to the Smartkarma Smart Scores, the company has an excellent score of 5 for both its Dividend and Momentum, as well as a 4 for Growth and a 5 for Resilience. This indicates that the company has a good track record of strong dividends and has the potential to continue to grow in the future. Additionally, Cheniere Energy Partners LP has a strong resilience score, meaning it is well-equipped to handle any market volatility.
Cheniere Energy Partners LP is a provider of clean liquefied natural gas (LNG). It offers services such as developing, operating, and constructing natural gas liquefaction and regasification facilities, as well as pipelines and LNG terminals. This indicates that the company is well-positioned to capitalize on the growing demand for LNG, and its outlook is further bolstered by its strong scores from Smartkarma Smart Scores.
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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