CQP vs ET vs GLNG Stock Comparison

Cheniere Energy Partners, Energy Transfer and Golar Lng Prices as of Oct 27, 2026 Peers: Industry group
ET Energy Transfer LP
$20.45 +1.2% 1M +20.9% 1Y
Market cap
$71.56B
P/E
14.2x
Revenue (TTM)
$107.38B
Div. yield
0.07%
Oil and Gas Pipelines Energy
4 wins
GLNG Golar Lng Ltd
$45.64 -8.0% 1M +9.9% 1Y
Market cap
$4.71B
P/E
28.8x
Revenue (TTM)
$523.38M
Div. yield
–
LNG and Gas Processing Energy
5 wins

Head to Head

12 decided of 12

Golar Lng leads on 5 of the 12 questions below (Golar Lng 5, Energy Transfer 4, Cheniere Energy Partners 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCQPETGLNGLeader
Larger companyMarket capitalisation $31.93B $71.56B $4.71B ET
Cheaper on earningsLower P/E, profitable companies only 10.2x 14.2x 28.8x CQP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.0x 11.4x 41.1x ET
Faster revenue growthRevenue growth, trailing twelve months +15.4% +33.3% +109.6% GLNG
More profitableNet margin, trailing twelve months 27.3% 4.7% 31.3% GLNG
Better return on capitalReturn on invested capital — 8.4% 22.6% GLNG
Less leveragedLower net debt / EBITDA 3.1x 4.0x 5.3x CQP
Higher dividend yieldTrailing dividend yield 0.06% 0.07% 0.00% ET
Better 1-year returnPrice return, last 12 months +22.7% +20.9% +9.9% CQP
Better 5-year returnAnnualised price return, 5 years +8.3%/yr +16.1%/yr +28.6%/yr GLNG
Less volatileAnnualised volatility, 1 year 30.0% 17.4% 27.2% ET
Higher overall scoreMean of the five percentile scores vs peers 51/100 62/100 62/100 GLNG

Percentile Scorecard

CQPETGLNG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCQPETGLNG
Valuation 56 #16 of 35 94 #3 of 35 29 #25 of 35
Growth 30 #24 of 34 61 #14 of 34 91 #4 of 34
Profitability 79 #8 of 34 30 #24 of 34 85 #6 of 34
Financial Health 53 #17 of 35 59 #15 of 35 79 #8 of 35
Shareholder Returns 37 #20 of 31 67 #11 of 31 27 #23 of 31
Overall 51 62 62
  • CQP ranked among 35 companies in Oil and Gas Midstream
  • ET ranked among 35 companies in Oil and Gas Midstream
  • GLNG ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCQPETGLNGSPY
1 month +2.9%+1.2%-8.0% -0.2%
3 months +2.1%+1.2%-6.2% +3.9%
6 months +2.6%+5.4%-13.6% +8.2%
Year to date +22.6%+24.0%+22.7% +12.9%
1 year +22.7%+20.9%+9.9% +12.3%
3 years +20.0%+56.0%+103.4% +87.4%
3 years, per year +6.3%+16.0%+26.7% +23.3%
5 years +48.9%+111.3%+251.1% +67.9%
5 years, per year +8.3%+16.1%+28.6% +10.9%
10 years +135.5%+33.2%+93.7% +261.1%
10 years, per year +8.9%+2.9%+6.8% +13.7%

Risk

MeasureCQPETGLNGSPY
Volatility, 1Y 30.0%17.4%27.2% 12.7%
Downside volatility, 1Y 30.9%16.6%27.3% 12.7%
Beta vs S&P 500, 1Y -0.25-0.210.13 1.00
Return / volatility, 1Y 0.761.200.36 0.97
Max drawdown, 5Y -30.5%-25.8%-34.1% -25.4%
From 52-week high -7.9%-5.9%-20.4% -1.2%
52-week high $71.22$21.74$57.36 $779.14
52-week low $50.91$16.21$35.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCQPETGLNG
P/E now vs peer median 10.1xmedian 20.9x 13.9xmedian 20.9x 28.8xmedian 20.9x
P/S now vs peer median 2.8xmedian 2.7x 0.7xmedian 2.7x 8.8xmedian 2.7x
EV/EBITDA now vs peer median 10.0xmedian 11.0x 8.2xmedian 11.0x 19.0xmedian 11.0x
P/FCF now vs peer median 11.4xmedian 16.5x 13.5xmedian 16.5x 7.9xmedian 16.5x
P/B now vs peer median 42.1xmedian 2.6x 1.4xmedian 2.6x 2.4xmedian 2.6x
PEG now vs peer median —median 1.95 2.00median 1.95 1.90median 1.95

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCQPETGLNG
Revenue $11.50B $107.38B $523.38M
Gross profit $5.72B $25.32B $343.33M
Operating income $3.87B $10.78B $273.22M
Net income $3.14B $7.04B $226.50M
Free cash flow $2.79B $5.22B $583.87M
R&D – – $14.62M
EPS (diluted) – $1.46 $1.49
Cash & equivalents $443.00M $1.02B $870.50M
Total debt $14.44B $68.41B $2.68B
Shares (diluted) – 3.46B 109.49M
Enterprise value $30.90B $64.75B $1.07B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCQPETGLNG
P/E 10.1x 13.9x 28.8x
P/FCF 11.4x 13.5x 7.9x
P/Operating cash flow 10.1x 5.8x 10.9x
P/S 2.8x 0.7x 8.8x
P/B 42.1x 1.4x 2.4x
P/Tangible book 42.1x 1.6x 2.4x
EV/EBITDA 10.0x 8.2x 19.0x
EV/EBIT 11.8x 12.8x 23.5x
EV/Revenue 4.0x 1.3x 12.3x
EV/FCF 16.4x 26.4x 11.0x
EV/Operating cash flow 14.5x 11.4x 15.2x
PEG (3Y EPS CAGR) – 2.00 1.90

Growth

14 metrics
MetricCQPETGLNG
Revenue growth (1Y) 15.4% 33.3% 109.6%
Revenue CAGR (3Y) -7.5% 10.0% 23.3%
Gross profit growth (1Y) 11.9% 18.9% 147.7%
Gross profit CAGR (3Y) -7.7% 13.2% 19.9%
Operating income growth (1Y) 21.6% 16.5% 1,754%
Operating income CAGR (3Y) -10.6% 12.0% 104.0%
Net income growth (1Y) 28.1% 16.1% 894.0%
Net income CAGR (3Y) -11.7% 9.0% 18.5%
EPS growth (1Y) – 12.6% 2,539%
EPS CAGR (3Y) – 7.0% 15.2%
Operating cash flow growth (1Y) 13.0% 8.8% 1.1%
Operating cash flow CAGR (3Y) -8.4% 5.9% 11.3%
Free cash flow growth (1Y) 8.2% -8.5% -5.5%
Free cash flow CAGR (3Y) -9.3% -7.3% 60.4%

Profitability

14 metrics
MetricCQPETGLNG
Gross margin 49.8% 23.6% 65.6%
EBITDA margin 39.9% 15.7% 64.6%
Operating margin 33.6% 10.0% 52.2%
Pretax margin 27.3% 7.1% 62.0%
Net margin 27.3% 4.7% 31.3%
FCF margin 24.2% 4.9% 111.6%
Operating cash flow margin 27.4% 11.3% 80.8%
Return on equity 755.0% 14.0% 1,387%
Return on assets 18.1% 4.8% 4.2%
Return on invested capital – 8.4% 22.6%
Return on capital employed 23.9% 8.4% 5.6%
Asset turnover 0.7x 0.7x 0.1x
Cash conversion (OCF / net income) 1.0x 1.7x 1.9x
Stock comp / revenue – 0.2% 1.9%

Financial Health

11 metrics
MetricCQPETGLNG
Debt / assets 81.7% 46.2% 50.1%
Debt / equity 19.2x 1.4x 1.4x
Net debt / EBITDA 3.1x 4.0x 5.3x
Debt / FCF 5.2x 13.1x 4.6x
Liabilities / assets 95.7% 65.9% 63.6%
Equity / assets 4.3% 34.1% 36.4%
Interest coverage 5.2x 2.9x 16.5x
Current ratio 1.2x 1.2x 2.3x
Quick ratio 1.0x 0.9x 2.2x
Cash ratio 0.4x 0.1x 1.8x
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricCQPETGLNG
Dividend yield 4.9% 6.6% 2.2%
Net buyback yield – – 0.7%
Shareholder yield 4.9% 6.6% 2.9%
Payout ratio (earnings) 65.2% 67.9% –
Payout ratio (FCF) 73.4% 91.6% –
Dividend growth (1Y) 0.5% 2.9% –
Dividend CAGR (3Y) -11.7% 8.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCQPETGLNG
Forward P/E 14.0xFY2026 11.4xFY2026 41.1xFY2026
EPS, next fiscal year $4.68FY2026 $1.80FY2026 $1.11FY2026
EPS growth, next FY -9.5%FY2026 +48.8%FY2026 -27.5%FY2026
EPS growth, the year after -12.4% -9.4% -53.2%
Revenue, next fiscal year $11.22BFY2026 $124.23BFY2026 $409.44MFY2026
Revenue growth, next FY +4.3%FY2026 +45.2%FY2026 +4.0%FY2026
Revenue growth, the year after -1.9% +1.4% -2.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCQPETGLNG
Held by institutions 46.8% 31.4% 81.4%
Institutions holding 200 1,280 311
Change in shares held, QoQ 0.0% +1.9% -0.4%
Institutions buying 79 628 153
Institutions selling 47 340 105
Buyers to sellers 1.68 1.85 1.46

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CQPETGLNG
CQP 1.00 0.43 0.32
ET 0.43 1.00 0.35
GLNG 0.32 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CQP, ET and GLNG?

Energy Transfer (ET) is the largest by market capitalisation: Cheniere Energy Partners (CQP) $31.93B, Energy Transfer (ET) $71.56B, Golar Lng (GLNG) $4.71B.

Which stock is cheaper, CQP, ET and GLNG?

Cheniere Energy Partners (CQP) trades on the lowest price-to-earnings ratio (Cheniere Energy Partners (CQP) 10.2x, Energy Transfer (ET) 14.2x, Golar Lng (GLNG) 28.8x). On next year's consensus earnings, Energy Transfer (ET) is cheapest (Cheniere Energy Partners (CQP) 14.0x, Energy Transfer (ET) 11.4x, Golar Lng (GLNG) 41.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Golar Lng (GLNG) grew revenue fastest over the trailing twelve months: Cheniere Energy Partners (CQP) +15.4%, Energy Transfer (ET) +33.3%, Golar Lng (GLNG) +109.6%.

Which company is more profitable?

Golar Lng (GLNG) has the highest net margin (Cheniere Energy Partners (CQP) 27.3%, Energy Transfer (ET) 4.7%, Golar Lng (GLNG) 31.3%). On return on invested capital, Golar Lng (GLNG) leads (Energy Transfer (ET) 8.4%, Golar Lng (GLNG) 22.6%).

Which stock has performed better?

Over the past year Cheniere Energy Partners (CQP) returned the most: Cheniere Energy Partners (CQP) +22.7%, Energy Transfer (ET) +20.9%, Golar Lng (GLNG) +9.9%. Over five years, Golar Lng (GLNG) compounded fastest (Cheniere Energy Partners (CQP) +8.3%/yr, Energy Transfer (ET) +16.1%/yr, Golar Lng (GLNG) +28.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Energy Transfer (ET) has the highest dividend yield: Cheniere Energy Partners (CQP) 0.06%, Energy Transfer (ET) 0.07%, Golar Lng (GLNG) 0.00%. Golar Lng (GLNG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Energy Transfer (ET) has been the steadiest (Cheniere Energy Partners (CQP) 30.0%, Energy Transfer (ET) 17.4%, Golar Lng (GLNG) 27.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CQP, ET and GLNG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Golar Lng (GLNG) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.