Report
Stephen Ellis
EUR 100.00 For Business Accounts Only

Increasing Cheniere Energy and Cheniere Energy Partners' FVEs

After rolling our models to 2019, we're boosting our fair value estimates for Cheniere Energy and Cheniere Energy Partners to $75 and $40.50 from $70 and $36. The main component driving updated fair values was the time value of money. However, strong demand for liquefied natural gas from Asia over the winter, China in particular, continues to support our long-term forecast for sharply higher demand from China for U.S. LNG. Our fair value estimates also imply a 12.5-13 times 2021 EBITDA multiple,...
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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