Seeking Alpha

Barclays believes the risk to the Cheniere (LNG) story has declined given recent developments,...

Barclays believes the risk to the Cheniere (LNG) story has declined given recent developments, and it now prefers the parent over MLP subsidiary Cheniere Energy Partners (CQP). The firm raises LNG to Overweight and cuts CQP to Equal Weight based on better visibility on phase-2 financing costs, project construction ahead of schedule, and delays in global liquefied natural gas projects.
Comments (3)
  • jpmj4847
    , contributor
    Comments (500) | Send Message
    First, lets see how government will handle the permits ( LNC already has in hand) that worth ....$$$$$.... Politically correct...not so much! Thanks Barclays,jpmj4847
    21 Feb 2013, 03:39 PM Reply Like
  • Silverbug2
    , contributor
    Comments (317) | Send Message
    The issue for some people is dividends. Wall Street is all about growth. CPQ has a great dividend now, and will very likely be sustained, and grow, once the LNG starts being shipped out in 2015. They have a "first mover" advantage here as others have filed for their export licenses and are waiting for approvals, and CQP has signed long term contracts in hand, and facilities are also under construction.


    Long CQP.
    21 Feb 2013, 08:06 PM Reply Like
  • Kostakis
    , contributor
    Comment (1) | Send Message
    We have not seen enough MOVEMENT out of the [dry and liquid gas]plays to be convinced that treehuggers will not make LNG port development a protracted exercise; fastest growing markets in Asia will create bottlenecks unless Pacific ports are retrofitted or built, and pipelines WEST from the Rockies are expanded beyond current.
    22 Feb 2013, 06:53 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: