Hoegh Stock Story

HMLP

Stock

USD 9.17 0.02 0.22%

Macroaxis Story

It looks like Antero Midstream will continue to recover much faster as its share price surged up 1.16% today to Hoegh Lng's 31.2409%. As many of us are excited about energy space, we will review both, Hoegh Lng and Antero Midstream as a potential short-term opportunity. We are going to focus on some of the competitive aspects of both Hoegh and Antero.

Published over two months ago

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What should I exit first Hoegh (NYSE:HMLP) or Antero Midstream?

By analyzing existing essential indicators between Hoegh Lng and Antero, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Antero with a short position in Hoegh Lng. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Hoegh Lng has an asset utilization ratio of 18.5 percent. This suggests that the company is making $0.18 for each dollar of assets. An increasing asset utilization means that Hoegh Lng Partners is more efficient with each dollar of assets it utilizes for everyday operations.

What should I exit first Hoegh (NYSE:HMLP) or Antero Midstream?

Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Hoegh or Tc Energy is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

Understending Hoegh Lng dividends

A dividend is the distribution of a portion of Hoegh Lng earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Hoegh Lng dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Hoegh one year expected dividend income is about $0.46 per share.

As of 18th of August 2022, Dividends per Basic Common Share is likely to grow to 1.27, while Preferred Dividends Income Statement Impact is likely to drop about 15 M.

	Last Reported	Projected for 2022
Preferred Dividends Income Statement Impact	15.5 M	15 M
Payment of Dividends and Other Cash Distributions	-32 M	-34.5 M
Dividend Yield	0.21	0.17
Dividends per Basic Common Share	0.90	1.27

Investing in dividend-paying stocks, such as Hoegh Lng Partners is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Hoegh Lng must own a stock before its ex-dividend date to receive its next dividend.

This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Hoegh Lng. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Hoegh Lng's Liquidity

Hoegh Lng financial leverage refers to using borrowed capital as a funding source to finance Hoegh Lng Partners ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Hoegh Lng financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Hoegh Lng's total debt and its cash.

Correlation Between Hoegh and Tc Energy Corp

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Hoegh Lng together with similar or unrelated positions with a negative correlation. For example, you can also add Tc Energy to your portfolio. If Tc Energy is not perfectly correlated to Hoegh Lng it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Hoegh Lng for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.

Please check pair correlation details between HMLP and TRP for more information.

Note

Are you currently holding both Hoegh Lng and Tc Energy in your portfolio?

Please note if you are using this as a pair-trade strategy between Hoegh Lng and Tc Energy, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses.

An Additional Perspective On Hoegh Lng Partners

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now check Hoegh Lng revenue. Based on the latest financial disclosure, Hoegh Lng Partners reported 141.26 M of revenue. This is 99.71% lower than that of the Energy sector and 98.8% lower than that of the Oil & Gas Midstream industry. The revenue for all United States stocks is 98.5% higher than that of Hoegh Lng. As for Antero Midstream we see revenue of 963.24 M, which is 91.8% lower than that of the Oil & Gas Midstream

Sector

9.4 B

HMLP	141.26 Million	1.34
Sector	9.43 Billion	89.52
AM	963.24 Million	9.14

Will Hoegh Lng growth be trustworthy after the roll up?

Market risk adjusted performance is down to 0.94. It may hint at a possible volatility decline. Hoegh Lng Partners shows above-average downside volatility for the selected time horizon. We advise investors to inspect Hoegh Lng Partners further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Hoegh Lng future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hoegh Lng's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hoegh Lng's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Hoegh Lng Implied Volatility

Hoegh Lng's implied volatility exposes the market's sentiment of Hoegh Lng Partners stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hoegh Lng's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hoegh Lng stock will not fluctuate a lot when Hoegh Lng's options are near their expiration.

Our Takeaway on Hoegh Lng Investment

Although many of the other players under the oil & gas midstream industry are still a bit expensive, Hoegh Lng may offer a potential longer-term growth to insiders. While some insiders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Hoegh Lng.

Editorial Staff

Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time base at the beginning of the pandemic and eventually acquired a real test for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Hoegh Lng Partners. Please refer to our Terms of Use for any information regarding our disclosure principles.

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