Report
Stephen Ellis
EUR 100.00 For Business Accounts Only

Cheniere Boosts Guidance; Moves Forward With Corpus Christi Stage 3 and New Apache Contract

Cheniere unveiled a number of positive updates across its business, and we are increasing our Cheniere fair value estimate to $79 from $75 to account for the expected final investment decision on Corpus Christi Stage 3 in 2020 and completion in 2025, while leaving our fair value estimate for Cheniere Partners unchanged at $40.50. The most significant updates were around capital allocation as Cheniere should have over $9 billion in available cash in the next five years. 
Our major incremental tak...
Underlying
Cheniere Energy Partners L.P.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Ellis

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