Here's Why Cheniere Energy Partners, LP (CQP) is a Strong Growth Stock
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Cheniere Energy Partners, LP (CQP)
Headquartered in Houston, TX, Cheniere Energy Partners, L.P. is the owner and operator of regasification units at the Sabine Pass LNG terminal, located in Cameron Parish, LA. 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.
CQP is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 25% year-over-year for the current fiscal year, with sales growth of 61.2%.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $0.05 to $3.75 per share. CQP also boasts an average earnings surprise of 9.8%.
Looking at cash flow, Cheniere Energy Partners, LP is expected to report cash flow growth of 22.6% this year; CQP has generated cash flow growth of 91.2% over the past three to five years.
CQP should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
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Cheniere Energy Partners, LP (CQP) : Free Stock Analysis Report
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