Based on this transaction and a few others from Corporate Insiders of CQP that Bought $7.0M worth of shares in the last 3 months, the Insider Confidence level of Cheniere Energy Partners is trending Up.
Since these insiders have unique insights into what's happening at Cheniere Energy Partners, this might serve as an indicator of where it is headed.
Here is a list of the latest insider activity for CQP:
- Blackstone Holdings III L.P. - >10% Owner, Bought $3,489,509 worth of shares on 2 days ago
- BX Rockies Platform Co LLC - >10% Owner, Bought $3,489,509 worth of shares on 2 days ago
In addition, TradingView issued a Sell rating for CQP over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook.
Here is a bit more on Cheniere Energy Partners, CQP but please do your own research.
CQP Summary: Cheniere Energy Partners, L.P. is the owner and operator of regasification units at the Sabine Pass LNG terminal. It provides clean, secure, and affordable LNG to several entities, comprising utilities as well as integrated energy firms, all around the world. The Sabine Pass LNG terminal is North America's first large-scale liquefied gas export facility. The publicly-traded Delaware limited partnership was formed in 2006 by Cheniere Energy, Inc. Global demand for LNG is likely to grow in the long term due to a shift to the cleaner-burning fuel for power generation on a worldwide basis and in the Asia-Pacific region in particular. While increasing demand for gas in the European power sector will be a key factor in the near-term LNG supply rise, the consumption boost is primarily set to come from Asian importers like China, India, South Korea and Pakistan. The partnership already operates five natural gas liquefaction Trains through its subsidiary, Sabine Pass Liquefication.
- Recent Last Price: $47.47
- Price Change: $0.22, 0.47%
- Yearly Gain: -8.23%
- Market Cap: $22.87B
- P/E Ratio: 14.538
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