Hoegh LNG Partners LP Common Units representing Limited Partner Interests (HMLP) Company Bio
Hoegh LNG Partners LP focuses on owning, operating, and acquiring floating storage and regasification units, liquefied natural gas carriers, and other LNG infrastructure assets under long-term charters. The company was founded in 2014 and is based in Hamilton, Bermuda.
HMLP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Hoegh LNG Partners LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Hoegh LNG Partners LP ranked in the 75th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 234.83%. As for the metrics that stood out in our discounted cash flow analysis of Hoegh LNG Partners LP, consider:
53% of the company's capital comes from equity, which is greater than merely 22.71% of stocks in our cash flow based forecasting set.
Hoegh LNG Partners LP's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 7.17% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 23.75% of stocks in its sector (Energy).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
HESM, NGL, TTI, TNP, and SHLX can be thought of as valuation peers to HMLP, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended December 31, 2020 of $0.44 per unit for the common units. The distribution corresponds to an annualized distribution of $1.76 per unit.
Over the past few months, we have covered various companies in the shipping industry such as Golar LNG (GMLP), Höegh LNG Partners LP (HMLP), GasLog Partners (GLOP) and their preferred shares, as they often present compelling investment cases for (but not limited to) income-oriented investors in the current yield-less world....
Nikolaos Sismanis on Seeking Alpha | January 11, 2021
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 817 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th, 2020. […]
Höegh LNG Partners LP's (NYSE: HMLP) third quarter 2020 results will be released on Thursday, November 19, 2020, before the market opens. In connection with this, a presentation will be held at 8:30 A.M. (EST) on Thursday, November 19, 2020. The results and presentation material will be available for download at http://www.hoeghlngpartners.com.