Cheniere Energy Partners (CQH) Reports In-Line Q1 Earnings

Houston, TX-based Cheniere Energy Partners L.P. Holdings LLC (NYSE:CQH) by virtue of its 55.9% ownership in Cheniere Energy Partners L.P. (NYSE:CQP) , primarily operates the Sabine Pass natural gas regasification and liquefaction facilities. Cheniere Energy Partners LP Holdings also operates Creole Trail Pipeline – located in Louisiana.

Currently, Cheniere Energy Partners L.P. Holdings has a Zacks Rank #2 (Buy) but that could change following its first quarter 2017 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

In each of the last four quarters, the partnership delivered an earnings surprise of 0.00%.

Cheniere Energy Partners LP Holdings, LLC Price and EPS Surprise

Cheniere Energy Partners LP Holdings, LLC Price and EPS Surprise | Cheniere Energy Partners LP Holdings, LLC Quote

We have highlighted some of the key details from the just-released announcement below:

Earnings: Cheniere Energy Partners meets earnings. Earnings per unit came in at 2 cents, same as the Zacks Consensus Estimate.

Revenue: Revenue (equity income from investment) for the quarter came in at $5.1 million, beating the Zacks Estimate of 5 million.

Key Stats: As per its earnings press release, the company continues to work on its Sabine Pass Liquefaction Project. It is being developed for a maximum of 6 natural gas liquefaction trains, each having an expected yearly production capacity of approximately 4.5 million tons of LNG.

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