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published in Blogs

Nov 05, 2018

Is Pattern Energy (PEGI, $19.84) Getting Back on the Growth Track?

Pattern Energy Group (PEGI) saw its shares rise by +7% the day after it posted much improved Q3 results.

The renewable power company hit a rough patch over the last couple of years, owing largely to a string of acquisitions. To stabilize its financial situation, the company had to stop its pay-out increase in 2018, after increasing its dividend for 15 straight quarters.

However, a much-improved performance in the Q3, coupled with a few strategic moves during the quarter, have brought the company back on track to achieve its growth target.

PEGI increased its power sales by 7% to 1,623 GW, compared to 1,514 GW in Q3 2017. Adjusted EBITDA of the company grew by 45% to $79.5 million compared to $54.7 million in Q2 2017, whereas cash available for distribution (CAFD) for Q3 2018 stood at $31.7 million – after an increase of 235% from Q2 2017. CAFD per share also increased by 191%, and the dividend coverage ratio grew by 189% in Q3 2018 from Q2.

According to the company, favorable wind conditions in several regions coupled with increased availability of its assets and great asset utilization is what helped them post such strong growth numbers. Furthermore, the company added that a strong y-o-y increase in electricity sales is what helped power the surge in earnings and cash flow. Reduced transmission costs and declining finance costs have helped them rake-in more profit during the quarter.

PEGI also received $70.4 million from the sale of El Arrayan, which helped bolster its balance sheet as well as provide the requisite funds to acquire a 51% interest in the Mont Sainte-Marguerite project in Quebec.

Related Tickers: PEGI

John Jacques

published in Blogs

May 16, 2022

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I. Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.

Edward Flores

published in Blogs

Apr 29, 2022

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations. As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.

Sergey Savastiouk

published in Blogs

May 16, 2022

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.

Sergey Savastiouk

published in Blogs

Mar 14, 2023

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.

Dmitry Perepelkin

published in Blogs

Mar 14, 2023

5 Habits that Lead to Successful Investing

To consistently make money in this industry, you need emotional fortitude, an analytical mind, and a willingness to self-reflect. Despite trading and investing being two different activities, these principles can be applied to both.Conversely, investors with good habits often become great traders. Rather than full sentences for titles, we’ve labeled each of our top-five investing habits using a single word principle.

Allana

published in Blogs

Mar 23, 2023

What’s the Difference Between Data Analytics and Machine Learning?

Artificial intelligence (AI) technology is developing rapidly.Data mining can deliver raw numbers, but it does not necessarily provide actionable insights. Structure is necessary to taking abstract information and extracting commonalities, like averages, ratios, and percentages.

Sergey Savastiouk

published in Blogs

Mar 13, 2023

4 Tips for Fast, Effective Stock Analysis

With just a few clicks, an investor can search for individual stocks, categories of stocks, sectors, or investment themes, and then he or she can conduct a full range of technical and fundamental analysis within seconds.All powered by Artificial Intelligence. Below, we give you 5 tips for fast, effective stock analysis using Tickeron’s Screener.

Sergey Savastiouk

published in Blogs

Mar 20, 2023

5 Golden Principles in Investing

You have enough faith in that stock, based on research, that the return will equal or exceed the investment. Do unto others.The principles outlined here will ensure that happens. Principle #1: Diversification Investors can’t be one-dimensional when constructing a portfolio.

Sergey Savastiouk

published in Blogs

Mar 15, 2023

The five most important Lessons Learned After 10,000 hours of Trading

Edward Flores

published in Blogs

Mar 12, 2023

What's the Difference Between Tokens and Altcoins?

Between their inherently technical nature, multiple varieties and sub-varieties, and endless terminology, cryptocurrency (defined here as digital or virtual currencies that are encrypted using cryptography, powered by the immutable digital ledger known as the blockchain) represents a whole, complex world.All altcoins possess their own blockchain, independent from their source code, that records all transactions of their native coins. Many altcoins are variants, or forks, of Bitcoin that leverage that cryptocurrency’s open-source protocol as the basis.