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These 8-12% High-Yield Stocks All Have Industry Tailwinds, No K-1s

Published Fri, 15 Mar 2019 09:15:00 -0400 on Seeking Alpha

Looking for high-yield income vehicles in a strong industry? Then take a look at the LNG - liquefied natural gas shipping industry - demand and supply keep rising, leading to ~10% increased LNG trade in 2018, which, in turn, led to more projects, with liquefaction FIDs - financial investment decisions - nearly quadrupling in 2018.
Meanwhile, LNG vessel spot rates nearly doubled, form $45K to $80K/day in 2018. LNG vessels ordered jumped from 17 in 2017 to 60 in 2018. However, it takes ~2.5 years for these vessels to be delivered, so spot and charter rates should continue to be strong in 2019.
(Source: HMLP site)
All of these factors should give strong support to ship owners in this sub-industry over the next few years, as global LNG supply and demand is projected to keep increasing:
(Source: HMLP site)
Hoegh LNG Partners LP (HMLP) is a carrier which occupies a niche within this industry - it's the only pure play FSRU - floating storage and regasification unit - vessel owner on the market. FSRU's solve a problem for countries - these vessels replace the need for costly LNG terminals - giving them more flexibility in their energy programs.
Increasing LNG supplies have led to attractively priced LNG, which can successfully compete with coal and oil. This has led to a surge in FSRU projects under development:
(Source: HMLP site)
Two other companies benefiting from the ongoing LNG supply and demand story are GasLog Partners LP (GLOP) and Golar Partners... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
GOLAR LNG PARTNERS LP 11.58   18.7 0.62 1.62 13.80
GASLOG PARTNERS LP 21.26   14.5 1.47 2.20 10.37

GOLAR LNG PARTNERS LP - GMLP
GOLAR LNG PARTNERS LP - GMLP  


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