CQP Earnings Prediction
The chart below shows how CQP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CQP sees a -1.18% change in stock price 10 days leading up to the earnings, and a +0.03% change 10 days following the report. On the earnings day itself, the stock moves by +1.02%. This data can give you a slight idea of what to expect for the next quarter's release.
CQP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.89B
-2.02%
-17.47%
Gross Margin
42.13%
-3.86%
7.06%
Operating Margin
40.44%
-4.44%
6.06%
Net Margin
30.10%
-6.46%
1.28%
EPS
0.95
13.10%
-19.49%
No Data Available
CQP Earnings Analysis
Cheniere Energy Partners, LP Corporation (CQP.A) Earnings Conference Call
Positive
Cheniere Energy's second-quarter results exceeded expectations, with consolidated adjusted EBITDA of approximately $1.3 billion, distributable cash flow of approximately $700 million, and net income of approximately $880 million. This was achieved through operational excellence and a focus on profitability.
During the second quarter, 155 LNG cargoes were produced and exported, with total LNG production slightly up year-over-year. Major maintenance programs at Sabine Pass and Corpus Christi were executed successfully, reinforcing Cheniere's reputation for safe and reliable operations.
Cheniere announced an increase in share repurchase authorization by $4 billion through 2027, along with a planned increase in the dividend to $2 per share annualized next quarter. This demonstrates a commitment to returning value to shareholders and long-term financial stability.
Cheniere raised and tightened the ranges of full-year 2024 guidance, now forecasting $5.7 billion to $6.1 billion in consolidated adjusted EBITDA and $3.1 billion to $3.5 billion of distributable cash flow. Factors contributing to the improved forecast include additional production post-maintenance and optimization activities.
The company's growth projects at Corpus Christi Stage 3 and Trains 8 and 9 are progressing on budget and on schedule, with Train 1 expected to start LNG production by the end of the year. Additionally, regulatory milestones have been achieved, positioning Cheniere for further growth opportunities.
Cheniere's financial results and operational achievements reflect a strong position in the LNG market, with a focus on operational excellence, financial discipline, and long-term value creation for shareholders.
Negative
- Jack Fusco's comments on LNG production).
- Anatol Feygin's comments on Europe's LNG imports).
- Anatol Feygin's comments on the global LNG trade growth).
- Zach Davis's comments on planned maintenance).
