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Bullboard - Stock Discussion Forum Northland Power Inc (Ontario) T.NPI

Alternate Symbol(s):  NPIFF | T.NPI.PR.A | T.NPI.PR.B | NPICF

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas... see more

TSX:NPI - Post Discussion

Northland Power Inc (Ontario) > The chickens have come home to roost
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Post by Vega1357 on Apr 11, 2022 11:11am

The chickens have come home to roost

NPI and the other renewable energy stocks have finally taken note of the sharply higher government bond yields and are reacting by going the only logical way they can -- down.
Comment by Dibah420 on Apr 11, 2022 11:39am
US  T  10 y    2.76%              5       2.77              2       2.48 If you're happy to tie up your money for 10 years,  good for you.  Just make sure your "roosted" chickens don't come out charred.
Comment by Vega1357 on Apr 11, 2022 1:44pm
I won't be tying up my money for any period of time. However, if government bond yields keep on trending higher that will provide competition for dividend paying stocks like NPI whose dividend yield is currently 2.87%.
Comment by Karl63 on Apr 11, 2022 2:07pm
I don't think anybody buys a renewable as a bond proxie, there are better companies out there for that, including conventional utilities and telecoms (which aren't doing too badly today).  I'm not sure why the renewables are having a bad day, but I never try to question the short term logic of the stock market - that's a losing proposition.  It could be as simple as the ...more  
Comment by AAJJRR on Apr 11, 2022 2:22pm
Vegass likes to bash a stock until he buys in, then voila, pump away until he sells, repeat, repeat, repeat...
Comment by Vega1357 on Apr 11, 2022 3:50pm
The renewables generally follow the utilities index which dropped over one percent today. 
Comment by Dibah420 on Apr 12, 2022 10:54am
******************************************************************************************************************* Agreed.  My sense is that  nervousness in renewables is merely a milder reflection of the tribulations among  political leadership everywhere.  Inflation, thanks to Mr Putin's cruel follies in Ukraine, has risen to be the top panic.  Climate change?  ...more  
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