Cheniere Energy Partners, L.P. (CQP) vs Venture Global, Inc. (VG)

Cheniere Energy Partners, L.P. and Venture Global, Inc. are both Oil & Gas Midstream companies. Cheniere Energy Partners, L.P. and Venture Global, Inc. are of similar size ($31.3B and $30.1B). Venture Global, Inc. trades at the lower P/E: 9.4× against 11.1×. Venture Global, Inc. grew revenue faster over the last twelve months: 100.7% against 15.4%. Cheniere Energy Partners, L.P. has the higher net margin (23.1% vs 19.7%) and the higher return on invested capital (16.4% vs 7.86%). Across the 19 metrics below, Venture Global, Inc. leads on 10 and Cheniere Energy Partners, L.P. on 9.

Valuation

Metric CQP VG Oil & Gas Midstream median
P/E 11.14 9.35 12.77
P/S 2.68 1.87 2.36
P/B 40.81 2.62 2.09
Price to free cash flow 11.04 n/m 9.71
EV/EBITDA 9.77 9.57 8.30
EV/Sales 3.89 4.15 3.88
Earnings yield 8.97% 10.69% 7.15%
Free cash flow yield 9.05% (22.08%) 6.86%

Profitability

Metric CQP VG Oil & Gas Midstream median
Gross margin 40.64% 53.48% 56.58%
Operating margin 33.63% 37.62% 34.18%
Net margin 23.11% 19.65% 22.50%
Free cash flow margin 24.23% (41.24%) 13.70%
Return on equity 1,283.57% 31.90% 14.65%
Return on assets 15.35% 6.17% 5.00%
Return on invested capital 16.40% 7.86% 6.13%

Growth

Metric CQP VG Oil & Gas Midstream median
Revenue growth (TTM) 15.44% 100.72% 15.60%
EPS growth (last fiscal year) 21.65% 50.88% (7.86%)
Revenue growth, 5-year CAGR 11.77% — 9.59%
Net income growth, 5-year CAGR 22.04% — 0.00%

Health

Metric CQP VG Oil & Gas Midstream median
Debt to equity 19.16 3.46 0.78
Current ratio 1.22 1.19 1.19
Net debt to EBITDA 3.23 5.19 3.42

Dividend

Metric CQP VG Oil & Gas Midstream median
Dividend yield 5.14% — 4.54%
Payout ratio 0.57 — 0.76

Size

Metric CQP VG Oil & Gas Midstream median
Market cap 30.13b 31.25b 3.73b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack