Barclays on U.S. Special Opportunities: Cheniere (LNG)(CQP) Priced to Perfection
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Price: $30.29 --0%
Rating Summary:
6 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 1 | New: 6
Rating Summary:
6 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 1 | New: 6
Trade LNG Now!
Barclays on U.S. Special Opportunities: Priced to Perfection
Analyst, Kannan Venkateshwar, said, "Cheniere is the ONLY company with a license to export gas to both free-trade and non-free trade countries. Cheniere Energy, Inc, the parent (NYSE: LNG) and Cheniere Energy Partners, the MLP subsidiary (NYSE: CQP) represent a unique opportunity to gain exposure to the potential upside from US gas exports. However, at current levels, we believe LNG and CQP are pricing in the full upside potential from the planned liquefaction project. Hence, we initiate LNG with a 2-Equal Weight and CQP with a 3-Underweight rating."
Venkateshwar makes note of the 7.1% yield (higher than index of 6.2%), but doesn't expect and distribution growth until 2016.
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Analyst, Kannan Venkateshwar, said, "Cheniere is the ONLY company with a license to export gas to both free-trade and non-free trade countries. Cheniere Energy, Inc, the parent (NYSE: LNG) and Cheniere Energy Partners, the MLP subsidiary (NYSE: CQP) represent a unique opportunity to gain exposure to the potential upside from US gas exports. However, at current levels, we believe LNG and CQP are pricing in the full upside potential from the planned liquefaction project. Hence, we initiate LNG with a 2-Equal Weight and CQP with a 3-Underweight rating."
Venkateshwar makes note of the 7.1% yield (higher than index of 6.2%), but doesn't expect and distribution growth until 2016.
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