E Daily Stock Pick: Cheniere Energy Partners

This week, I'm seeking a second robust dividend energy sector representative for my new Ivy portfolio. 

That energy sector includes six industries all related to bringing oil and gas to market. They are: drilling, exploration, and production (E&P), equipment and services, integrated, midstream, refining & marketing.  (Yes, six oily and gassy enterprises.)

Today I'm reviewing a large-cap oil & gas midstream company, named Cheniere Energy Partners LP Its trading ticker symbol is CQP.

Cheniere Energy Partners LP engages in the liquified natural gas export business. The firm operates through its Sabine Pass liquefaction/terminal/pipeline facilities in Louisiana.

The company's regasification facilities include infrastructure of five LNG storage tanks with capacity of approximately 17 billion cubic feet equivalent; two marine berths that accommodate vessels of up to 266,000 cubic meters; and vaporizers with regasification capacity of approximately 4 billion cubic feet per day. 

It also owns the Creole Trail Pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines. 

Cheniere Energy Partners GP, LLC serves as the general partner of the company. 

Cheniere Energy Partners, L.P. was founded in 2006 and is based in Houston, Texas.

I use three key data points to gauge the value of any dividend equity or fund like Cheniere Energy Partners LP  (CQP): 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keys will finally unlock an equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

CQP Price

Cheniere's price per share was $36.84 at yesterday's market close. A year ago its price was $28.39 for a price gain of $8.45 per share for the year or a 29.76% upside. 

Assuming Cheniere's price will trade in the range of $25 to $40 next year, Cheniere's recent $36.84 price could maybe climb by $2.00 and improve to $38.84 by early-December, 2019. 

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Disclaimer: 

This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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