Close

Cheniere Energy (LNG) Ratings Affirmed by S&P; Reflects Stable CQP Cash Flow

May 4, 2015 11:50 AM EDT

Standard & Poor's Ratings Services said it affirmed its 'B+' corporate credit rating on Cheniere Energy (NYSE: LNG). The outlook is stable.

"The stable outlook on CEI reflects stable cash flow from CQP, which is due to stable cash flow from SPLNG and construction at SPLIQ that is progressing well and that will likely produce large cash flow beginning in 2017/2018," said Standard & Poor's credit analyst Terry Pratt.

CEI is a U.S.-based developer and operator of large liquefied natural gas (LNG) sector projects.

We base the "weak" business risk profile on CEI's reliance on distributions currently from master limited partnership Cheniere Energy Partners L.P., which itself has a "fair" business risk profile and, in the future, from its planned Corpus Christi liquefaction project.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Credit Ratings

Related Entities

Standard & Poor's