Innergex Renewable Energy

INE-T

TSE:INE

17.20
0.14 (0.81%)
Innergex Renewable Energy is a developer, owner and operator of run-of-river hydroelectric facilities, wind energy, and solar farms in North America.
More at Wikipedia

Analysis and Opinions about INE-T

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
January 29, 2019
It isn't moving with the markets. It bottomed at $12 in October and has broken out nicely since then. Interesting. Will meet resistance at current levels. But it has the potential to reach $16-17. People are buying it for the decent yield. Looks good now, but dangerous if it falls below $13.25. Take a break now after this swift run. Resistance at $15.50.
It isn't moving with the markets. It bottomed at $12 in October and has broken out nicely since then. Interesting. Will meet resistance at current levels. But it has the potential to reach $16-17. People are buying it for the decent yield. Looks good now, but dangerous if it falls below $13.25. Take a break now after this swift run. Resistance at $15.50.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$14.475
Owned
Unknown
BUY
BUY
December 12, 2018
A Quebec renewable energy with a good yield over 5%. It's a safe haven for green investors. Overall, this sector is great if you want to invest green that pays a stable return. These stocks are holding their own during this downturn. These utilities attract long-term, patient capital.
A Quebec renewable energy with a good yield over 5%. It's a safe haven for green investors. Overall, this sector is great if you want to invest green that pays a stable return. These stocks are holding their own during this downturn. These utilities attract long-term, patient capital.
Tim Nash
Founder, Good Investing
Price
$12.970
Owned
Unknown
BUY
BUY
July 20, 2018

Great play, 100% renewable energy. Likes it. Ability to grow as well as generate a nice yield. Few places to get this nice of a dividend without taking on carbon risk. Bit more of a growth play. Yield of 5%.

Great play, 100% renewable energy. Likes it. Ability to grow as well as generate a nice yield. Few places to get this nice of a dividend without taking on carbon risk. Bit more of a growth play. Yield of 5%.

Tim Nash
Founder, Good Investing
Price
$13.630
Owned
Unknown
SELL
SELL
January 16, 2017

He would move on. It is a small short for him. It has high valuation and a declining share price. All the renewables and utilities had a big move up for the summer and now they are expected to do poorly. They have hefty debt also. People own it because of yield.

He would move on. It is a small short for him. It has high valuation and a declining share price. All the renewables and utilities had a big move up for the summer and now they are expected to do poorly. They have hefty debt also. People own it because of yield.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$13.910
Owned
Yes
COMMENT
COMMENT
March 31, 2015

He would not be buying this here because he would be a little worried about buying a high yielding utility that is going to have very moderate dividend growth going into a rising rate environment. If you are an income oriented investor, this is a phenomenal company with a great asset. Some of the largest and most dedicated Hydro assets in Canada. Great management team. It should have some of the highest cash flow growth in the next 3 years.

He would not be buying this here because he would be a little worried about buying a high yielding utility that is going to have very moderate dividend growth going into a rising rate environment. If you are an income oriented investor, this is a phenomenal company with a great asset. Some of the largest and most dedicated Hydro assets in Canada. Great management team. It should have some of the highest cash flow growth in the next 3 years.

Gajan Kulasingam
VP & Senior Portfolio Manager, Sentry Investments
Price
$11.200
Owned
Unknown
WATCH
WATCH
December 15, 2014

Great management team. Great assets. Long duration. 2017/18 projects will come on line and generate more cash flow. It is probably fairly valued here. He would buy at a lower level.

Great management team. Great assets. Long duration. 2017/18 projects will come on line and generate more cash flow. It is probably fairly valued here. He would buy at a lower level.

Gajan Kulasingam
VP & Senior Portfolio Manager, Sentry Investments
Price
$11.180
Owned
No
PAST TOP PICK
PAST TOP PICK
August 21, 2014

(Top Pick Jun 26/13, Up 31.00%) They have a lot of hydro projects under development. Very stable but not exciting. Buy on weakness.

(Top Pick Jun 26/13, Up 31.00%) They have a lot of hydro projects under development. Very stable but not exciting. Buy on weakness.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$10.700
Owned
Yes
PAST TOP PICK
PAST TOP PICK
October 7, 2013

(Top Pick Jun 26/13, Up 2.00%) More like a bond with growth, renewable energy with long term contracts. Picked it for the safety and dividend yield.

(Top Pick Jun 26/13, Up 2.00%) More like a bond with growth, renewable energy with long term contracts. Picked it for the safety and dividend yield.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$8.730
Owned
Yes
BUY
BUY
September 4, 2013

Has been caught up in this general inter-sensitive correction we been through over the last 6 months. Feels that this is in the course of bottoming. Good assets. Valuation is quite compelling. 6.6% dividend yield.

Has been caught up in this general inter-sensitive correction we been through over the last 6 months. Feels that this is in the course of bottoming. Good assets. Valuation is quite compelling. 6.6% dividend yield.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$8.690
Owned
Yes
COMMENT
COMMENT
July 16, 2013

In general he likes the renewable space. When Ben Bernanke started talking about removing stimulus, the markets reacted and forced up the 10 year and you saw these renewables, and to a lesser degree the utilities and even some of the pipelines, react very negatively. This company was re-rated and the price came way down and it has fairly good growth. This is an area he is looking to reinvest in.

In general he likes the renewable space. When Ben Bernanke started talking about removing stimulus, the markets reacted and forced up the 10 year and you saw these renewables, and to a lesser degree the utilities and even some of the pipelines, react very negatively. This company was re-rated and the price came way down and it has fairly good growth. This is an area he is looking to reinvest in.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$8.750
Owned
Unknown
TOP PICK
TOP PICK
June 26, 2013

Likes the space. Has been beaten up because of the yield trade last week. Mostly hydro properties in Quebec and BC. Can double production capacity over the next 3-5 years. Already pay a high dividend but he sees them increasing it as soon as next year. Long term power agreements and insured against business interruptions.

Likes the space. Has been beaten up because of the yield trade last week. Mostly hydro properties in Quebec and BC. Can double production capacity over the next 3-5 years. Already pay a high dividend but he sees them increasing it as soon as next year. Long term power agreements and insured against business interruptions.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$8.690
Owned
Yes
DON'T BUY
DON'T BUY
June 13, 2013

This has a pretty rough looking chart and is probably not a good entry point yet. We want to see a base formation. Chart shows stock is in a downtrend. Every time it touched old support levels, it would bounce off and then suddenly break down through. He would want to see it go sideways for a while.

This has a pretty rough looking chart and is probably not a good entry point yet. We want to see a base formation. Chart shows stock is in a downtrend. Every time it touched old support levels, it would bounce off and then suddenly break down through. He would want to see it go sideways for a while.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$9.190
Owned
No
TOP PICK
TOP PICK
April 22, 2013

DBS downgraded the corporate debt and this gives you an ideal buying opportunity. Pretty good yield of 5.8%. You are basically buying into a power producer that is mainly run on river or hydro power. Has 20+ year PPA and have contracts for this. There are no fuel risks. Very defensive.

DBS downgraded the corporate debt and this gives you an ideal buying opportunity. Pretty good yield of 5.8%. You are basically buying into a power producer that is mainly run on river or hydro power. Has 20+ year PPA and have contracts for this. There are no fuel risks. Very defensive.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$9.890
Owned
Yes
STRONG BUY
STRONG BUY
January 31, 2013

Really likes this but doesn’t own it because it is very illiquid and tough for him to buy. Good dividend. Likes their renewable focus. Average length of their PPA (power purchase agreements) is well over 20 years. Rock solid business model.

Really likes this but doesn’t own it because it is very illiquid and tough for him to buy. Good dividend. Likes their renewable focus. Average length of their PPA (power purchase agreements) is well over 20 years. Rock solid business model.

Andy Nasr
VP & Investment Strategist, Sentry Investments
Price
$10.230
Owned
No
PAST TOP PICK
PAST TOP PICK
October 9, 2012

(A Top Pick Sept 28/11. Up 22.45%.) Getting close to being fully valued and he is starting to Sell it. Has had phenomenal growth and is very conservatively managed. Doesn’t see much upside so is basically holding it for its yield.

(A Top Pick Sept 28/11. Up 22.45%.) Getting close to being fully valued and he is starting to Sell it. Has had phenomenal growth and is very conservatively managed. Doesn’t see much upside so is basically holding it for its yield.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$10.800
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 30, 2012

(A Top Pick Sept28/11. Up 24.65%.) Has started to peel a little off (about 25%-30%). Thinks there is still some modest upside but thinks it’s pretty fully valued at this point.

(A Top Pick Sept28/11. Up 24.65%.) Has started to peel a little off (about 25%-30%). Thinks there is still some modest upside but thinks it’s pretty fully valued at this point.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$11.080
Owned
Yes
TOP PICK
TOP PICK
September 28, 2011
Something that has modest growth ahead of it. Independent, fully contracted power producer. No exposure to fuel risk. Very stable, 6.3% yield.
Something that has modest growth ahead of it. Independent, fully contracted power producer. No exposure to fuel risk. Very stable, 6.3% yield.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$9.250
Owned
Yes
BUY
BUY
October 29, 2008
(Market Call Minute.) Very stable power assets.
(Market Call Minute.) Very stable power assets.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$10.080
Owned
Unknown
WEAK BUY
WEAK BUY
November 4, 2005
Great Lakes Hydro (GLH.UN-T) and Innergex Power Income (IEF.UN-T) are both focused on hydro electricity generation. Over the long term these are solid holdings. They both have an excellent portfolio of assets. Doesn't own because of valuations. These will also be interest sensitive.
Great Lakes Hydro (GLH.UN-T) and Innergex Power Income (IEF.UN-T) are both focused on hydro electricity generation. Over the long term these are solid holdings. They both have an excellent portfolio of assets. Doesn't own because of valuations. These will also be interest sensitive.
Patrick Kim
Vice President and Portfolio Manager, KBSH Capital Management
Price
$12.120
Owned
No
BUY
BUY
September 17, 2003
The power generating facilities are very good. Not much growth in power generation trust. If interest rates rise, that will be harmful. Solid management.
The power generating facilities are very good. Not much growth in power generation trust. If interest rates rise, that will be harmful. Solid management.
Ben Cheng
President and Chief Investment Officer, Aston Hill Financial Ltd.
Price
$11.180
Owned
Unknown
BUY
BUY
July 9, 2003
Hydro electric facilities tend to be sasfer. 9.25% yield. Almost at fair value.
Hydro electric facilities tend to be sasfer. 9.25% yield. Almost at fair value.
Bill Shaw
Partner & Portfolio Manager, Exponent Investment Management
Price
$10.940
Owned
Yes
Showing 1 to 21 of 21 entries
  • «
  • 1
  • »