Cheniere Energy Partners, L.P. - Limited Partnership
US ˙ NYSE ˙ US16411Q1013

Introduction

This page provides a comprehensive analysis of the known insider trading history of Leonard Travis. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

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Companies with Reported Insider Positions

The SEC filings indicate Leonard Travis has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:LNG / Cheniere Energy, Inc. SVP & Chief Accounting Officer 78,745
US:CQP / Cheniere Energy Partners, L.P. - Limited Partnership Chief Accounting Officer 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Leonard Travis. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases CQP / Cheniere Energy Partners, L.P. - Limited Partnership - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CQP / Cheniere Energy Partners, L.P. - Limited Partnership. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

CQP / Cheniere Energy Partners, L.P. - Limited Partnership Insider Trades
Insider Sales CQP / Cheniere Energy Partners, L.P. - Limited Partnership - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CQP / Cheniere Energy Partners, L.P. - Limited Partnership. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

CQP / Cheniere Energy Partners, L.P. - Limited Partnership Insider Trades
Insider Purchases LNG / Cheniere Energy, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CQP / Cheniere Energy Partners, L.P. - Limited Partnership. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

LNG / Cheniere Energy, Inc. Insider Trades
Insider Sales LNG / Cheniere Energy, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CQP / Cheniere Energy Partners, L.P. - Limited Partnership. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

LNG / Cheniere Energy, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Leonard Travis as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2022-02-14 2022-02-13 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -1,173 78,745 -1.47 120.24 -141,042 9,468,299
2022-02-14 2022-02-12 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -858 79,918 -1.06 120.24 -103,166 9,609,340
2022-02-14 2022-02-11 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -805 80,776 -0.99 120.24 -96,793 9,712,506
2022-02-14 2022-02-10 4 LNG Cheniere Energy, Inc.
Common Stock 		A - Award 5,954 81,581 7.87
2022-02-11 2022-02-09 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -2,981 75,627 -3.79 115.95 -345,647 8,768,951
2022-02-11 2022-02-09 4 LNG Cheniere Energy, Inc.
Common Stock 		A - Award 7,658 78,608 10.79
2021-07-06 2021-07-01 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -1,009 70,950 -1.40 87.01 -87,793 6,173,360
2021-02-16 2021-02-14 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -848 71,959 -1.16 67.62 -57,342 4,865,868
2021-02-16 2021-02-13 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -1,172 72,807 -1.58 67.62 -79,251 4,923,209
2021-02-16 2021-02-12 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -858 73,979 -1.15 67.62 -58,018 5,002,460
2021-02-16 2021-02-11 4 LNG Cheniere Energy, Inc.
Common Stock 		A - Award 6,136 74,837 8.93
2021-02-12 2021-02-10 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -1,484 68,701 -2.11 67.54 -100,229 4,640,066
2021-02-12 2021-02-10 4 LNG Cheniere Energy, Inc.
Common Stock 		A - Award 5,538 70,185 8.57
2020-07-06 2020-07-01 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -1,009 64,647 -1.54 48.07 -48,503 3,107,581
2020-02-18 2020-02-17 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -4,031 65,656 -5.78 54.98 -221,624 3,609,767
2020-02-18 2020-02-14 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -525 69,687 -0.75 54.98 -28,864 3,831,391
2020-02-18 2020-02-13 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -726 70,212 -1.02 54.76 -39,756 3,844,809
2020-02-14 2020-02-12 4 LNG Cheniere Energy, Inc.
Common Stock 		A - Award 6,538 70,938 10.15
2020-02-13 2020-02-11 4 LNG Cheniere Energy, Inc.
Common Stock 		F - Taxes -1,723 64,400 -2.61 54.97 -94,713 3,540,068
2020-02-13 2020-02-11 4 LNG Cheniere Energy, Inc.
Common Stock 		A - Award 6,780 66,123 11.43
2019-07-02 2019-07-01 4 LNG Cheniere Energy, Inc.
Common Stock 		A - Award 7,692 59,343 14.89
2019-02-19 2019-02-17 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -643 51,651 -1.23 66.22 -42,579 3,420,329
2019-02-19 2019-02-14 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -573 52,294 -1.08 66.00 -37,818 3,451,404
2019-02-15 2019-02-13 4 LNG CHENIERE ENERGY INC
Common Stock 		A - Award 8,935 52,867 20.34
2018-10-03 2018-10-01 4 LNG CHENIERE ENERGY INC
PHANTOM UNITS 		M - Exercise -5,000 0 -100.00
2018-10-03 2018-10-01 4 LNG CHENIERE ENERGY INC
Common Stock 		D - Sale to Issuer -5,000 43,932 -10.22 70.22 -351,100 3,084,905
2018-10-03 2018-10-01 4 LNG CHENIERE ENERGY INC
Common Stock 		M - Exercise 5,000 48,932 11.38
2018-05-24 2018-05-22 4 LNG CHENIERE ENERGY INC
Common Stock 		A - Award 10,000 43,932 29.47
2018-02-20 2018-02-17 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -1,038 33,932 -2.97 57.64 -59,830 1,955,840
2018-02-20 2018-02-14 4/A LNG CHENIERE ENERGY INC
Common Stock 		A - Award 6,460 34,970 22.66
2018-02-16 2018-02-14 4 LNG CHENIERE ENERGY INC
Common Stock 		A - Award 5,190 33,700 18.20
2018-02-05 2018-02-01 4 LNG CHENIERE ENERGY INC
PHANTOM UNITS 		M - Exercise -18,334 5,000 -78.57
2018-02-05 2018-02-01 4 LNG CHENIERE ENERGY INC
Common Stock 		D - Sale to Issuer -18,334 28,510 -39.14 57.86 -1,060,805 1,649,589
2018-02-05 2018-02-01 4 LNG CHENIERE ENERGY INC
Common Stock 		M - Exercise 18,334 46,844 64.31
2018-01-03 2018-01-01 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -810 28,510 -2.76 53.84 -43,610 1,534,978
2017-12-05 2017-12-01 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -2,098 29,320 -6.68 48.48 -101,711 1,421,434
2017-10-03 2017-10-01 4 LNG CHENIERE ENERGY INC
PHANTOM UNITS 		M - Exercise -5,000 23,334 -17.65
2017-10-03 2017-10-01 4 LNG CHENIERE ENERGY INC
Common Stock 		D - Sale to Issuer -5,000 31,418 -13.73 45.04 -225,200 1,415,067
2017-10-03 2017-10-01 4 LNG CHENIERE ENERGY INC
Common Stock 		M - Exercise 5,000 36,418 15.91
2017-02-22 2017-02-17 4 LNG CHENIERE ENERGY INC
Common Stock 		A - Award 7,910 31,418 33.65
2017-02-03 2017-02-01 4 LNG CHENIERE ENERGY INC
PHANTOM UNITS 		M - Exercise -18,333 28,334 -39.28
2017-02-03 2017-02-01 4 LNG CHENIERE ENERGY INC
Common Stock 		D - Sale to Issuer -18,333 23,508 -43.82 47.10 -863,484 1,107,227
2017-02-03 2017-02-01 4 LNG CHENIERE ENERGY INC
Common Stock 		M - Exercise 18,333 41,841 77.99
2017-01-04 2017-01-01 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -817 23,508 -3.36 41.43 -33,848 973,936
2016-12-05 2016-12-01 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -1,368 24,325 -5.32 41.29 -56,485 1,004,379
2016-10-04 2016-10-01 4 LNG CHENIERE ENERGY INC
PHANTOM UNITS 		A - Award 10,000 46,667 27.27
2016-02-03 2016-02-01 4 LNG CHENIERE ENERGY INC
PHANTOM UNITS 		M - Exercise -18,333 36,667 -33.33
2016-02-03 2016-02-01 4 LNG CHENIERE ENERGY INC
Common Stock 		D - Sale to Issuer -18,333 25,693 -41.64 29.28 -536,790 752,291
2016-02-03 2016-02-01 4 LNG CHENIERE ENERGY INC
Common Stock 		M - Exercise 18,333 44,026 71.35
2016-01-05 2016-01-01 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -817 25,693 -3.08 37.25 -30,433 957,064
2015-12-03 2015-12-01 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -1,368 26,510 -4.91 46.72 -63,913 1,238,547
2015-04-23 2015-04-21 4 LNG CHENIERE ENERGY INC
PHANTOM UNITS 		A - Award 55,000 55,000
2015-01-05 2015-01-01 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -754 27,878 -2.63 71.32 -53,775 1,988,259
2014-12-03 2014-12-01 4 LNG CHENIERE ENERGY INC
Common Stock 		F - Taxes -1,368 28,632 -4.56 66.70 -91,246 1,909,754
2014-10-14 3/A LNG CHENIERE ENERGY INC
Common Stock 		20,000
2014-10-14 3/A CQH Cheniere Energy Partners, L.P.
Common Units 		0
2014-01-07 2014-01-05 4 LNG CHENIERE ENERGY INC
Common Stock 		A - Award 10,000 30,000 50.00
2013-12-16 3 LNG CHENIERE ENERGY INC
Common Stock 		20,000
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)