Commodity Channel Index
|Bid||48.30 x 800|
|Ask||48.32 x 2200|
|Day's Range||48.04 - 48.35|
|52 Week Range||30.09 - 57.69|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.17 (4.27%)|
|Ex-Dividend Date||May 28, 2020|
|1y Target Est||35.63|
In this article you are going to find out whether hedge funds think Brookfield Renewable Partners L.P. (NYSE:BEP) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus […]
Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable” or "BEP") and Brookfield Asset Management Inc. (“BAM”) today announced a secondary offering of 10,236,000 limited partnership units of Brookfield Renewable (“LP Units”) by certain affiliates of BAM (the “Selling Securityholders”) on a bought deal basis to a syndicate of underwriters led by Scotiabank, TD Securities Inc. and CIBC Capital Markets (collectively, the “Underwriters”) for distribution to the public. The Selling Securityholders have agreed to sell the LP Units at a price of $48.85 per LP Unit, for gross proceeds of $500,028,600. Brookfield Renewable is not selling any LP Units in the offering and will not receive any of the proceeds from the offering of LP Units by the Selling Securityholders.
Brookfield Renewable Partners (NYSE: BEP) has been a compounding machine since its formation about two decades ago. From inception through the end of 2019, the renewable energy producer generated an annualized total return of 18%, which pulverized the S&P 500's 6% annualized total return during that period. Any small sum can turn into a million-dollar payday given enough time and rate of return.
With plenty of volatility in oil prices, renewable energy stocks are looking a lot more attractive to investors. One top renewable energy pick is recent outperformer Brookfield Renewable Partners (NYSE: BEP). Managed by the capable team at Brookfield Asset Management (NYSE: BAM), Brookfield Renewable's unit price growth has skunked the market over the last three years -- up 51.3%, compared to just 23.8% for the S&P 500.
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of TerraForm Power, Inc. ("TerraForm Power" or the "Company") (TERP) breached their fiduciary duties in connection with the proposed sale of the Company to Brookfield Renewable Partners ("Brookfield Renewable") (BEP). On March 16, 2020, TerraForm Power announced that they had entered into a definitive merger agreement for Brookfield Renewable to acquire all of the outstanding shares of Class A common stock of TerraForm Power, other than the approximately 62% currently owned by Brookfield Renewable and its affiliates.
Uncle Sam could be sending more money your way in the not-too-distant future. Buying these stocks will put the extra cash to good use.
Dividend payments have been decimated this year because of the impact the COVID-19 outbreak is having on the economy. One of the sectors hit particularly hard has been the energy industry where dividends have plunged with oil demand. Three of the safest these days are those paid by TC Energy (NYSE: TRP), NextEra Energy (NYSE: NEE), and Brookfield Renewable Partners (NYSE: BEP).
Now may be the time to transition your portfolio from oil stocks to renewable energy stocks. Here are five picks to get you started.
The oil industry is usually a pretty boring place to invest. Not lately, though. Oil prices have been swinging wildly for the past few weeks, but they haven't swung anywhere close to the $60/barrel they reached in February.
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of TerraForm Power, Inc. ("TerraForm Power" or the "Company") (NASDAQ: TERP) breached their fiduciary duties in connection with the proposed sale of the Company to Brookfield Renewable Partners ("Brookfield Renewable") (NYSE: BEP).
Good morning, everyone, and thank you for joining us for TerraForm Power's 2020 first-quarter results conference call and webcast. Before we begin, I'd like to remind you that a copy of our earnings release, supplemental information and letter to shareholders can be found on our website.
Since the stock market crashed in March, I've been investing regularly in stocks -- usually on a weekly basis. I plan to keep doing so. And while the amount I invest varies somewhat, it's typically around $3,000 each time I buy stocks.
Oil stocks have grown in popularity among some investors as crude prices have crashed and taken the industry's market caps down with them. Among oil's many problems is that renewable energy will be a major disruptive force in the broader energy sector in the coming decades. Because of that, long-term investors would be better served to consider buying a renewable energy company instead of one focused on oil.
It's been a wild ride in the energy sector lately. With so much uncertainty in the oil and gas sector, this month it's probably better for investors to just avoid the whole mess and focus on other areas of the energy sector. Compelling energy stocks right now include NextEra Energy (NYSE: NEE), Brookfield Renewable Partners (NYSE: BEP), and Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A).
Over the last two decades Brookfield Renewable has become one of the premier global renewable energy companies. As a special advantage in this greening world, our business avoids over 28 million tonnes of carbon dioxide annually and this number continues to grow each year.
Renewable energy, however, has been largely immune to this impact because of contractual obligations and other factors. As a result, major renewable energy producers like Brookfield Renewable Partners (NYSE: BEP) haven't felt much impact from the current global recession, which was clear from its first-quarter earnings report on May 6. Brookfield Renewable's power generation dipped a bit during the quarter due in part to some asset sales and weaker resources in some of its wind and hydro operations.
All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, May 06, 2020 -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable” or.
Renewable energy stocks have been in turmoil over the last few months as investors wonder how energy investing will change in 2020 and beyond. Electricity consumption is down around the world because of COVID-19 shutdowns, which hurts demand for renewable energy projects large and small, but the bigger problem may come from the industry itself. With demand down, a growing supply of solar panels and wind turbines could leave manufacturers in financial trouble if they again resort to lowering prices to move volume.
The number of attractive dividend-paying stocks may be dwindling, but investors can still find some high-yielding, electrifying opportunities.
The Oil Trade War, and Pandemic in general, will have massive implications for the U.S. economy. The continued production of oil throughout Russia and Saudi Arabia will lead to record filings of bankruptcies and defaults on highly leveraged U.S. oil companies, which are unable to compete with predatory pricing and falling demand. While oil prices […]
Date: Wednesday, May 6, 2020Time: 9:00 a.m. (Eastern Time) BROOKFIELD, News, April 06, 2020 -- You are invited to participate in Brookfield Renewable Partners’ (TSX: BEP.UN;.
All amounts in Canadian dollars unless otherwise stated BROOKFIELD, News, April 01, 2020 -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield.
BROOKFIELD, News, April 01, 2020 -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable”) today announced that it has agreed to issue CDN$350.