Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Innergex Renewable Energy Inc T.INE

Alternate Symbol(s):  T.INE.P.C | INGXF | T.INE.DB.B | T.INE.DB.C | T.INE.P.A

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates renewable power-generating facilities with a focus on hydroelectric, wind and solar production as well as energy storage technologies. The Company produces and sells electricity generated by its hydroelectric, wind and solar facilities to publicly owned utilities or other creditworthy counterparties. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It manages a portfolio of assets consisting of interests in 85 operating facilities with a net installed capacity of approximately 3,676 MW (gross 4,226 MW), including 40 hydroelectric facilities, 35 wind farms, nine solar farms, and one battery energy storage facility. It also holds interests in approximately 13 projects under development and several prospective projects at different stages of development.


TSX:INE - Post by User

Comment by taysonon Oct 18, 2023 4:26pm
217 Views
Post# 35689788

RE:RE:What's With the Share Price?

RE:RE:What's With the Share Price?Interest rate increases are playing a huge role, as you noted, but the disconcerning trend of negative EPS, since 2018, as well as lack of significant improvemment in payout ratio, are likley starting to influence the market for this company.  As someone said beofre, how the shareholders haven't started to throw their wiight around (needs to be led by some of the major shareholders) is beyond me.  Someone should be taking responsibiilty for this mess (the non-interest rate pieces).

Having said that, there is some hope.  2022 saw the first material decrease in payout ratio as well as much smaller loss in earnings.  If 2023 builds on that, we could be seeing a bottom here.

GLTA

tayson
<< Previous
Bullboard Posts
Next >>