On December 16, 2014 9:02 am
Whenever there’s a major event in the energy market, like the recent slide in oil prices , it’s almost guaranteed that some companies will get tied up in chaos even when they don’t necessarily deserve to be there. Today, that event is OPEC deciding to hold production at 30 million barrels, resulting in oil prices dropping to below $75 a barrel.
One company that has undeservedly been swept up in this decline has been Cheniere Energy and its subsidiary, Cheniere Energy Partners . Let’s look at why falling oil prices shouldn’t impact the company that much, and what investors should really be looking for when evaluating these companies.