CQP has been in the news 316% more than usual
Aug 09, 2024, 10:33 AM
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What does CQP do
Cheniere Energy Partners LP, headquartered in Houston, Texas, specializes in liquefying and exporting natural gas from its Sabine Pass LNG Terminal in Louisiana, boasting a production capacity of 30 MTPA. Founded in 2007, the company also operates the Creole Trail Pipeline, linking to major pipelines and serving energy firms worldwide.
CQP has been in the news recently: Cheniere Energy Partners reported Q2 2024 revenues of $1.9 billion and a net income of $570 million, while declaring a cash distribution of $0.810 per unit. Cheniere Energy, Inc. achieved a second-quarter profit of $880 million, surpassing expectations, despite revenues of $3.25 billion falling short.
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