Review of Northland Power Inc.
MAY 17, 2022 - NPI continues to show consistency in project deliverables, margin expansion, and cash flow from operations. Rating maintained at ‘B’.
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Pembina Pipeline Corporation (PPL)
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Algonquin Power & Utilities Corp. (AQN)
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Northland Power Inc. (NPI)
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Brookfield Infrastructure Partners L.P. (BIP.UN)
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Boralex Inc. Class A Shares (BLX)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Retired, dividend-income investor. Following up on your answer to my earlier question. I hold AQN in an RRSP and am considering replacing it. You suggested the following stocks = PPL, NPI, BEPC, BIP.UN, BLX
I have researched their metrics (P/E, Beta, P/B, P/CF, P/S, ROE, Payout, Market Cap) and technicals. My ranking, based on a desired conservative holding, Is = PPL, NPI, BEPC, BIP.UN, BLX.
My rationale is I hold FTS, TRP and AQN representing 8.6% of my portfolio vs NNRG and NRGI at 7.3%. I am leaning towards adding a more conservative name...such as PPL.
Q#1 = Is there an overlap between TRP and PPL, to the point that I only need one? What % do each of these names have in Nat gas vs oil? I know TRP is heavier to NG, not sure about PPL.
Q#2 = based on my above notes, what would your suggested ranking be?
Thanks....Steve
Q: Greetings I have held NPI in my portfolio for many years. During the past 6 months or so, I have see a steady decline in price. It represents about 5% of the portfolio, and is still much higher than the origianal purchase price. Do you feel prices will increase again over the next year or two, or should I sell it?
Read Answer Asked by Ken on February 27, 2023
Q: Can I get your pick between the two?
Can you analyse last 3 years finances and provide some commentary on future growth for both?
Thank you