Northland Power Inc

NPI-T

TSE:NPI

27.90
0.10 (0.36%)
Northland Power is an independent power producer founded in 1987, and publicly traded since 1997. Northland develops, builds, owns and operates facilities that produce 'clean' and 'green' energy, ...
More at Wikipedia

Analysis and Opinions about NPI-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
March 7, 2018

(A Top Pick January 5/17, Down 2%) A lot of their business in offshore wind in Europe. More projects are coming on like Germany in 2020. They're now bidding on offshore wind in Taiwan with results expected in Q3. Raised their dividend last year. A good, little company. He trimmed back at higher prices, but happy to hold it. There's a lot of market bullishness on European offshore wind power, but competition is now heavy, so he doesn't epxect them to do much more bidding in Europe.

(A Top Pick January 5/17, Down 2%) A lot of their business in offshore wind in Europe. More projects are coming on like Germany in 2020. They're now bidding on offshore wind in Taiwan with results expected in Q3. Raised their dividend last year. A good, little company. He trimmed back at higher prices, but happy to hold it. There's a lot of market bullishness on European offshore wind power, but competition is now heavy, so he doesn't epxect them to do much more bidding in Europe.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$21.850
Owned
Yes
HOLD
HOLD
February 28, 2018

Has a fair amount of growth coming, but utilities will get hurt as interest rates rise. NPI was on sale, but didn't get sold, so there was a sell-off right after that. Over three years, it's a solid hold and you will be fine with it. But don't own it for just a year.

Northland Power Inc (NPI-T)
February 28, 2018

Has a fair amount of growth coming, but utilities will get hurt as interest rates rise. NPI was on sale, but didn't get sold, so there was a sell-off right after that. Over three years, it's a solid hold and you will be fine with it. But don't own it for just a year.

Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$22.020
Owned
Yes
BUY
BUY
February 1, 2018

He likes the name. It has become a casualty of the rising interest rate environment. They are very utilizers of capital. They are in growth areas. They can earn returns conservatively. This is a very good name and in the right kind of businesses.

He likes the name. It has become a casualty of the rising interest rate environment. They are very utilizers of capital. They are in growth areas. They can earn returns conservatively. This is a very good name and in the right kind of businesses.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$22.320
Owned
Yes
COMMENT
COMMENT
January 31, 2018

For a TFSA? This builds and produces green energy globally. It pays a 4% yield, which is very attractive. However, the keyword is "Power". It is part of the utility group even though it's a little different, and is going to get painted with that brush. You have to remember that 80% of return is buying in the right neighbourhood. If your view is that interest rates are going to stay relatively low and bonds are going to be benign, this would be great. However the signs are pointing to higher rates, a little higher inflation, and you want something with a little more dividend growth as you go along. He would suggest a bank or one of the big, mature software companies. (See Top Picks.)

For a TFSA? This builds and produces green energy globally. It pays a 4% yield, which is very attractive. However, the keyword is "Power". It is part of the utility group even though it's a little different, and is going to get painted with that brush. You have to remember that 80% of return is buying in the right neighbourhood. If your view is that interest rates are going to stay relatively low and bonds are going to be benign, this would be great. However the signs are pointing to higher rates, a little higher inflation, and you want something with a little more dividend growth as you go along. He would suggest a bank or one of the big, mature software companies. (See Top Picks.)

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$22.880
Owned
Unknown
TOP PICK
TOP PICK
January 4, 2018

This went through a strategic review last year, and the company was really saddled between $23 and $24.50, and basically went nowhere for the whole year until the strategic review got sorted out. It now has huge cash flow coming on from these offshore wind projects. They just completed one and another one is very near completion. From there, what do they do with that cash flow? They already increased the dividend by about 10%. You could see a lot more dividend increases, or they are going to chase more projects, or both. Dividend yield of 5.2%. (Analysts' price target is $27.25.)

This went through a strategic review last year, and the company was really saddled between $23 and $24.50, and basically went nowhere for the whole year until the strategic review got sorted out. It now has huge cash flow coming on from these offshore wind projects. They just completed one and another one is very near completion. From there, what do they do with that cash flow? They already increased the dividend by about 10%. You could see a lot more dividend increases, or they are going to chase more projects, or both. Dividend yield of 5.2%. (Analysts' price target is $27.25.)

Ryan Bushell
President, Newhaven Asset Management
Price
$23.110
Owned
Yes
COMMENT
COMMENT
December 11, 2017

This has done very, very well building offshore windfarms, particularly in Europe. As these things come on, the dividend should come on. There is a rumour that it is possibly going to be up for sale at some point. Dividend yield of about 5%.

Northland Power Inc (NPI-T)
December 11, 2017

This has done very, very well building offshore windfarms, particularly in Europe. As these things come on, the dividend should come on. There is a rumour that it is possibly going to be up for sale at some point. Dividend yield of about 5%.

Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$23.720
Owned
No
PAST TOP PICK
PAST TOP PICK
December 6, 2017

(A Top Pick Jan 5/17. Up 5%.) When he picked this, he felt the company was either going to get taken out or would be increasing their dividend with a strategy. They raised the dividend, and have a good profile of earnings growth over the next couple of years. After that, they are bidding on wind projects in Taiwan, which is a slow process with about 12 months away before a decision is made. He trimmed his positions. Dividend yield of 5%+.

(A Top Pick Jan 5/17. Up 5%.) When he picked this, he felt the company was either going to get taken out or would be increasing their dividend with a strategy. They raised the dividend, and have a good profile of earnings growth over the next couple of years. After that, they are bidding on wind projects in Taiwan, which is a slow process with about 12 months away before a decision is made. He trimmed his positions. Dividend yield of 5%+.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$23.690
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 1, 2017

(A Top Pick Nov 30/16, Up 14%) He still likes it. He believes the dividend can grow substantially. He is concerned about the Canadian dollar and that the economy is slowing. The drivers of energy, housing and new legislation are slowing it down. This is a great way to hold assets in northern Europe. These cash flows will continue to grow.

(A Top Pick Nov 30/16, Up 14%) He still likes it. He believes the dividend can grow substantially. He is concerned about the Canadian dollar and that the economy is slowing. The drivers of energy, housing and new legislation are slowing it down. This is a great way to hold assets in northern Europe. These cash flows will continue to grow.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$23.760
Owned
Yes
COMMENT
COMMENT
November 24, 2017

If interest rates stay low, this company will benefit. They has very, very high-quality assets, both in Canada and Europe. Have carved out a nice position as a large offshore wind producer. Bidding on contracts all around the world at the moment. He likes renewable energy in general, as perpetual cash flow is a very interesting thing. Has a nice yield of 4.5%. A good place to be.

Northland Power Inc (NPI-T)
November 24, 2017

If interest rates stay low, this company will benefit. They has very, very high-quality assets, both in Canada and Europe. Have carved out a nice position as a large offshore wind producer. Bidding on contracts all around the world at the moment. He likes renewable energy in general, as perpetual cash flow is a very interesting thing. Has a nice yield of 4.5%. A good place to be.

Daniel Lloyd
Portfolio Manager, Forge First Asset Management
Price
$23.970
Owned
Yes
HOLD
HOLD
October 20, 2017

Northland Power (NPI-T) or Capital Power (CPX-T)? This one would be viewed as quite a bit purer as there is a lot of wind in there. Moved up a fair bit in 2016 when they put themselves up for sale, and then went sideways when nothing happened. Now you have an expensive stock treading water to catch up with its own fundamentals. He would classify both as in the Hold category, and a little bit lower on the pecking order.

Northland Power (NPI-T) or Capital Power (CPX-T)? This one would be viewed as quite a bit purer as there is a lot of wind in there. Moved up a fair bit in 2016 when they put themselves up for sale, and then went sideways when nothing happened. Now you have an expensive stock treading water to catch up with its own fundamentals. He would classify both as in the Hold category, and a little bit lower on the pecking order.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$24.040
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
September 26, 2017

(A Top Pick Nov 30/16. Up 11%.) He still likes this. They are in the electric generation business. A year ago, they were just finishing up the first project. Now they’ve finished the construction of the last turbine, and it should be in full operation by the end of this year. For the next 10-15 years, they’ll just be spinning cash. Thinks they’ll raise the distribution in 2018. A well-run company.

Northland Power Inc (NPI-T)
September 26, 2017

(A Top Pick Nov 30/16. Up 11%.) He still likes this. They are in the electric generation business. A year ago, they were just finishing up the first project. Now they’ve finished the construction of the last turbine, and it should be in full operation by the end of this year. For the next 10-15 years, they’ll just be spinning cash. Thinks they’ll raise the distribution in 2018. A well-run company.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$23.350
Owned
Yes
HOLD
HOLD
September 25, 2017

A very innovative management team. The founding shareholder owns about 30% of the company. He would want a much higher price for the sale of the company. It will be hard to maintain the clip of growth in this company. He would not expect it to move up quickly from here. It will be treading water from here. Continue to sit on it and collect the dividend.

Northland Power Inc (NPI-T)
September 25, 2017

A very innovative management team. The founding shareholder owns about 30% of the company. He would want a much higher price for the sale of the company. It will be hard to maintain the clip of growth in this company. He would not expect it to move up quickly from here. It will be treading water from here. Continue to sit on it and collect the dividend.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$23.340
Owned
No
HOLD
HOLD
July 19, 2017

(Market Call Minute.)

(Market Call Minute.)

Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$23.430
Owned
Unknown
COMMENT
COMMENT
July 5, 2017

A renewable energy independent power producer, largely focused on wind with a little hydroelectric power generation mixed in. They initiated a process to Sell the company, which has been dragging on and on, for almost a year. Investors started getting a little squeamish, so he exited his Long position when he got wind of more capital controls in China. This morning, it was reported, but not announced by Northland, that they were about to end the sale process, and the stock traded up on that news. A very worthwhile name, and he is probably going to buy his shares back.

A renewable energy independent power producer, largely focused on wind with a little hydroelectric power generation mixed in. They initiated a process to Sell the company, which has been dragging on and on, for almost a year. Investors started getting a little squeamish, so he exited his Long position when he got wind of more capital controls in China. This morning, it was reported, but not announced by Northland, that they were about to end the sale process, and the stock traded up on that news. A very worthwhile name, and he is probably going to buy his shares back.

Daniel Lloyd
Portfolio Manager, Forge First Asset Management
Price
$23.230
Owned
No
TOP PICK
TOP PICK
June 27, 2017

Big wind generator in the North Sea. He likes the assets. It started as an alternative energy provider in Ontario and then spread across Canada, followed by a big foray into Europe about 10 years ago. This is now starting to pay off big time. Their 1st wind plant, Gemini, is now generating cash. Nordsee will be generating cash by the end of this year. Just announced a 3rd offshore wind plant that will be coming on in a couple of years. Dividend yield of 4.6%. (Analysts’ price target is $26.50.)

Big wind generator in the North Sea. He likes the assets. It started as an alternative energy provider in Ontario and then spread across Canada, followed by a big foray into Europe about 10 years ago. This is now starting to pay off big time. Their 1st wind plant, Gemini, is now generating cash. Nordsee will be generating cash by the end of this year. Just announced a 3rd offshore wind plant that will be coming on in a couple of years. Dividend yield of 4.6%. (Analysts’ price target is $26.50.)

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$23.320
Owned
Yes
Showing 46 to 60 of 167 entries