Cheniere Energy Partners LP. (CQP)

[big-yank]

I am not a financial advisor, but I would suggest that you consider the following points. LNG is the production/pipeline/Texas terminal part of Cheniere. A lot of its S/P movement is linked to nat gas prices and inventories, rather like Chesapeake Energy. It is planning a liguifaction initiative for exporting LNG, sometime in 2018 by optimistic views. Until that time, LNG is more of a pure nat gas play, not a bad business, at all, I might add.

CQP is the LA-Sabine Pass terminal part of Cheniere and is far along in its liquefaction plant for export which should come on line in late 2015. It pays a dividend because its real purpose is over a year away and is a developmental stage enterprise. The dividend is often misguidedly confused as being a return of investors money as happens sometimes in other sectors like a few ETFs. The dividend, however, actually is funded from advance payments of CQP customers awaiting production. The facility is fully funded between CQP stock issued and a huge investment by Blackstone Partners. The plant is already about 2/3rd's sold out when it opens, and I expect it to be fully sold out by then.

IMHO, CQP is a huge play for the patient investor willing to wait out the start up phase. LNG is a nat gas play that could take on similar growth possibilities if the CQP experience proves out as I expect.

I only own CQP, at this point. Good luck to you!