Höegh LNG Partners LP

Höegh LNG Partners LP

HMLP
Höegh LNG Partners LPUS flagNew York Stock Exchange
9.24
USD
+0.01
- -
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Steffen Foreid
Full Time Employees
260
Sector
Energy
Industry
Oil & Gas Midstream
Address
Ste 616, 48 Par-La-Ville Road Hamilton Bermuda HM 12
IPO Date
Aug 7, 2014
Business
Höegh LNG Partners LP Höegh LNG Partners LP owns, operates, and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers, and other LNG infrastructure assets under long-term charters of five or more years; its fleet consists of modern FSRUs deployed as floating LNG import terminals serving major energy companies and utilities worldwide. The partnership, formed in 2014 as a master limited partnership (MLP) by Höegh Evi Ltd. Höegh Evi Ltd. (previously Höegh LNG Holdings Ltd.), maintains its principal office in Hamilton, Bermuda, with mailing operations c/o Höegh LNG AS in Oslo, Norway, and provides services across global markets including Europe, Latin America, and Asia. Höegh Evi Ltd. owns all common units, while approximately 7 million 8.75% Series A Cumulative Redeemable Preferred Units remain outstanding. In recent developments, Höegh LNG Partners completed its acquisition by Höegh LNG Holdings Ltd. in September 2022, resulting in the delisting of common units from the New York Stock Exchange and deregistration with the SEC; the 8.75% Series A Preferred Units were voluntarily delisted from the NYSE effective January 3, 2023, to reduce compliance costs. The parent Höegh Evi Ltd. underwent a rebranding from Höegh LNG in September 2024 to reflect its expansion into clean energy infrastructure, including floating solutions for carbon capture and storage (CCS), ammonia, hydrogen, and hybrid FSRUs by 2028. In Q4 2024, the partnership refinanced existing debt with a new $250 million loan from a Höegh Evi subsidiary, supporting ongoing operations under stable long-term charters.

Company News

APIChat
  • Hoegh LNG Partners: I'm Firmly Holding The High-Yield Preferred Stock

  • Hoegh LNG Partners Preferred Units: Parent Not Likely To Play Foul - Buy

  • Hoegh LNG Partners Preferred Units: Still Solid Despite Increased Cash Distributions To Parent - Buy

  • Hoegh LNG Partners Preferred Stock: 14.4% Yield While Balance Sheet Improves

  • Hoegh LNG Partners 15.6% Yielding Preferred Shares: A High Risk/High Reward Trade-Off

  • Hoegh LNG Partners: Speculative Preferred Shares Offer Appealing Yield

  • Höegh LNG Partners LP to Voluntarily Delist its 8.75% Series A Cumulative Redeemable Preferred Units

  • Höegh LNG Partners LP Announces Completion of its Acquisition by Höegh LNG Holdings Ltd.

  • Höegh LNG Partners LP Common Unitholders Approve Merger at Special Meeting

  • Höegh LNG Partners LP Announces Anticipated Closing Date of Proposed Merger with Höegh LNG Holdings Ltd. and Intention to Delist its Common Units

  • Höegh LNG Partners LP (HMLP) CEO Håvard Furu on Q2 2022 Results - Earnings Call Transcript

  • Höegh LNG Partners LP Reports Financial Results for the Quarter Ended June 30, 2022

  • Höegh LNG Partners LP - Invitation to Presentation of Second Quarter 2022 Results

  • Höegh LNG Partners LP Announces Record Date and Meeting Date for Special Meeting for Proposed Merger with Höegh LNG Holdings Ltd.

  • Höegh LNG Partners LP Cash Distributions for the Second Quarter 2022

  • Höegh LNG Partners LP Announces Results of 2022 Annual Meeting and Changes to its Board of Directors

  • Why Shares of Höegh LNG Partners Soared Today

  • Höegh LNG Partners' (HMLP) Management on Q1 2022 Results - Earnings Call Transcript

  • Why Hoegh LNG Partners Shares Are Trading Higher Today

  • Höegh LNG Partners LP Reports Financial Results for the Quarter Ended March 31, 2022