Hoegh LNG Partners

Höegh LNG Partners LP engages in acquisition and operation of floating storage and re-gasification units (FSRUs). It operates through the Majority Held FSRUs, and Joint Venture FSRUs segments. The Majority Held FSRUs segment includes the direct financing lease related to the PGN FSRU Lampung and the operating leases related to the Hoegh Gallant and the Hoegh Grace. The Joint Venture FSRUs segment deals with financing lease related to the PGN FSRU Lampung and the operating lease related to the Hoegh Gallant. The company was founded on April 28, 2014 and is headquartered in Hamilton, Bermuda.

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Hoegh LNG Partners LP is a floating LNG service provider company. They offer services for oil and gas companies, utility companies, shipbuilders, financing sources, and suppliers. They provide services for the marine industry.

Hoegh LNG Partners remains very profitable, covering dividends with ample net profit and maintaining a strong balance sheet. The partnership's prudent financial management, including debt reduction and controlled expenses, ensures a solid foundation for preferred shareholders. Preferred shares offer a high yield of 14.4%, attributed to limited buying options on the expert market, not financial performance.

Hoegh LNG Partners Preferred Stock: 14.4% Yield While Balance Sheet Improves

Hoegh LNG Partners reported strong cash flow and financial results in its full-year report. The company's preferred dividends are fully covered, and it has recently started paying distributions on its common units. The partnership's almost $80M in free cash flow suggests it was taken private at a bargain valuation.

Hoegh LNG Partners 15.6% Yielding Preferred Shares: A High Risk/High Reward Trade-Off

Höegh LNG Partners' preferred shares are still trading after delisting, but at half of their principal value. The company's financial performance remains strong, with increased operating income and well-covered preferred dividends. The ongoing arbitration case regarding the FSRU Lampung lease could have a negative impact on the company's financial situation.

Hoegh LNG Partners: Speculative Preferred Shares Offer Appealing Yield

HAMILTON, Bermuda , Dec. 5, 2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") announces that its board of directors (the "Board") has approved the delisting of the Partnership's 8.75% Series A Cumulative Redeemable Preferred Units (the "Preferred Units"). The Partnership also plans to give notice to the New York Stock Exchange ("NYSE") of its intent to voluntarily delist the Preferred Units and to withdraw the registration of its Preferred Units with the Securities and Exchange Commission ("SEC").

Höegh LNG Partners LP to Voluntarily Delist its 8.75% Series A Cumulative Redeemable Preferred Units

HAMILTON, Bermuda , Sept. 23, 2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") announces the completion of its previously announced acquisition by Höegh LNG Holdings Ltd.

Höegh LNG Partners LP Announces Completion of its Acquisition by Höegh LNG Holdings Ltd.

HAMILTON, Bermuda , Sept. 20, 2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") announces that at a special meeting held today, the Partnership's common unitholders voted on and approved the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 25, 2022, by and among Höegh LNG Holdings Ltd.

Höegh LNG Partners LP Common Unitholders Approve Merger at Special Meeting

HAMILTON, Bermuda , Sept. 13, 2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") announces that it has notified the New York Stock Exchange ("NYSE") of the anticipated closing date of the previously-announced merger (the "Merger") pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 25, 2022, by and among Höegh LNG Holdings Ltd.

Höegh LNG Partners LP Announces Anticipated Closing Date of Proposed Merger with Höegh LNG Holdings Ltd. and Intention to Delist its Common Units

Höegh LNG Partners LP (NYSE:HMLP ) Q2 2022 Earnings Conference Call August 24, 2022 8:30 AM ET Company Representatives Håvard Furu - Interim CEO, Chief Financial Officer Conference Call Participants Operator Good morning, and welcome to the Höegh LNG Partners, Second Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Höegh LNG Partners LP (HMLP) CEO Håvard Furu on Q2 2022 Results - Earnings Call Transcript

HAMILTON, Bermuda , Aug. 24, 2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") today reported its financial results for the quarter ended June 30, 2022. Highlights 100% availability of FSRUs for the second quarter of 2022 Reported total time charter revenues of $36.9 million for the second quarter of 2022 compared to $34.7 million of time charter revenues for the second quarter of 2021 Generated operating income of $22.3 million, net income of $13.1 million and limited partners' interest in net income of $9.2 million for the second quarter of 2022 compared to operating income of $24.1 million, net income of $2.6 million and limited partners' interest in net loss of $1.2 million for the second quarter of 2021 Operating income, net income and limited partners' interest in net income (loss) were impacted by unrealized gains on derivative instruments for the second quarter of 2022 and 2021, mainly on the Partnership's share of equity in earnings of joint ventures On August 12, 2022, paid a cash distribution of $0.01 per common unit with respect to the second quarter of 2022 On August 15, 2022, paid a cash distribution of $0.546875 per 8.75% Series A cumulative redeemable preferred unit ("Series A preferred unit"), for the period commencing on May 16, 2022 to August 14, 2022 On May 25, 2022, the Partnership entered into a definitive merger agreement with Höegh LNG Holdings Ltd.

Höegh LNG Partners LP Reports Financial Results for the Quarter Ended June 30, 2022

HAMILTON, Bermuda , Aug. 17, 2022 /PRNewswire/ -- Höegh LNG Partners LP's (NYSE: HMLP) second quarter 2022 results will be released on Wednesday, August 24, 2022, before the market opens. In connection with this, a presentation will be held at 8:30 A.M.

Höegh LNG Partners LP - Invitation to Presentation of Second Quarter 2022 Results

HAMILTON, Bermuda , Aug. 12, 2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") announced today that it has established a record date of August 22, 2022 for a special meeting of its unitholders currently planned to take place on September 20, 2022. At the special meeting, the holders of the Partnership's common units will vote on the previously announced proposed merger of the Partnership and a subsidiary of Höegh LNG Holdings Ltd.

Höegh LNG Partners LP Announces Record Date and Meeting Date for Special Meeting for Proposed Merger with Höegh LNG Holdings Ltd.

HAMILTON, Bermuda , July 21, 2022 /PRNewswire/ -- Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended June 30, 2022, of $0.01 per unit for the common units. The cash distribution for the common units will be paid on August 12, 2022, to all common unitholders of record as of the close of the business on August 1, 2022.

Höegh LNG Partners LP Cash Distributions for the Second Quarter 2022

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HAMILTON, Bermuda , June 9, 2022 /PRNewswire/ -- Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) advises that its 2022 Annual Meeting was held on June 9, 2022 at 4:00 P.M. local time at Appleby, Canon's Court, 22 Victoria Street, Hamilton, HM 12 Bermuda.

Höegh LNG Partners LP Announces Results of 2022 Annual Meeting and Changes to its Board of Directors

Dealmaking is heating up in the energy industry.

Why Shares of Höegh LNG Partners Soared Today

Höegh LNG Partners LP (NYSE:HMLP ) Q1 2022 Earnings Conference Call May 25, 2022 8:30 AM ET Company Participants Håvard Furu – Chief Financial Officer and Interim Chief Executive Officer Conference Call Participants Chris Wetherbee – Citi Operator Good morning, and welcome to the Höegh LNG Partners First Quarter 2021 Earnings Conference Call. All participants will be in a listen-only mode.

Höegh LNG Partners' (HMLP) Management on Q1 2022 Results - Earnings Call Transcript

Hoegh LNG Partners LP (NYSE: HMLP) agreed to be acquired by Hoegh LNG Holdings Ltd for $9.25 per common unit for a total purchase price of approximately $167.6 million. The revised price represents an increase of $5.00 when compared to the offer of $4.25 per unit made by Höegh.

Why Hoegh LNG Partners Shares Are Trading Higher Today

HAMILTON, Bermuda, May 25, 2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") today reported its financial results for the quarter ended March 31, 2022. Highlights 100% availability of FSRUs for the first quarter of 2022 Reported total time charter revenues of $35.3 million for the first quarter of 2022, compared to $34.8 million of time charter revenues for the first quarter of 2021 Generated operating income of $28.5 million, net income of $20.2 million and limited partners' interest in net income of $16.3 million for the first quarter of 2022, compared to operating income of $31.7 million, net income of $23.8 million and limited partners' interest in net income of $20.0 million for the first quarter of 2021 Operating income, net income and limited partners' interest in net income were impacted by unrealized gains on derivative instruments for the first quarter of 2022 and 2021, mainly on the Partnership's share of equity in earnings of joint ventures On May 13, 2022, paid a cash distribution of $0.01 per common unit with respect to the first quarter of 2022 On May 16, 2022, paid a cash distribution of $0.546875 per 8.75% Series A cumulative redeemable preferred unit ("Series A preferred unit"), for the period commencing on February 15, 2022 to May 15, 2022 On March 20, 2022, the Höegh Gallant commenced FSRU operations under agreements with subsidiaries of New Fortress Energy Inc. ("New Fortress") to charter the Höegh Gallant for a period of ten years (the "NFE Charter").

Höegh LNG Partners LP Reports Financial Results for the Quarter Ended March 31, 2022

HAMILTON, Bermuda, May 25, 2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") announced today that it has entered into a definitive merger agreement with Höegh LNG Holdings Ltd. ("Höegh LNG") pursuant to which Höegh LNG will acquire, for cash, all of the outstanding publicly held common units of the Partnership, at a price of $9.25 per common unit for a total purchase price of approximately $167.6 million.

Höegh LNG Partners LP Announces Agreement for Höegh LNG Holdings Ltd. to Acquire All Publicly Held Common Units of the Partnership

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Is Hoegh LNG Partners (HMLP) Stock Undervalued Right Now?

HAMILTON, Bermuda , May 19, 2022 /PRNewswire/ -- Höegh LNG Partners LP's (NYSE: HMLP) first quarter 2022 results will be released on Wednesday, May 25, 2022, before the market opens. In connection with this, a presentation will be held at 8:30 A.M.

Höegh LNG Partners LP - Invitation to Presentation of First Quarter 2022 Results

HAMILTON, Bermuda , April 28, 2022 /PRNewswire/ -- Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) advises that its 2022 Annual Meeting will be held on June 9, 2022. The record date for voting at the Annual Meeting, at which a member of the Board of Directors of the Partnership will be elected, is set to May 9, 2022.

Höegh LNG Partners LP Announces 2022 Annual Meeting

HAMILTON, Bermuda , April 25, 2022 /PRNewswire/ -- Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the SEC and can be accessed on the Partnership's website  www.hoeghlngpartners.com  under the "SEC Filings" section or on the website of the U.S. Securities and Exchange Commission at  www.sec.gov . Unitholders may also request a hard copy of the Annual Report, which includes the Partnership's complete audited financial statements, free of charge, by contacting the Partnership at: Höegh LNG Partners LPCanon's Court22 Victoria Street Hamilton HM 12 Bermuda Tel: +1 (441) 298-3300 E-mail:  ir@hoeghlngpartners.com   Contact:The IGB Group, Bryan Degnan, +1 (646) 673-9701 / Leon Berman, +1 (212) 477-8438 View original content:https://www.prnewswire.com/news-releases/hoegh-lng-partners-lp-announces-availability-of-its-form-20-f-for-the-year-ended-december-31-2021-301532469.html SOURCE Hoegh LNG Partners LP

Höegh LNG Partners LP Announces Availability of Its Form 20-F for the Year Ended December 31, 2021

The average of price targets set by Wall Street analysts indicates a potential upside of 28.6% in Hoegh LNG (HMLP). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Hoegh LNG (HMLP) Could Surge 29%: Read This Before Placing a Bet

HAMILTON, Bermuda , April 21, 2022 /PRNewswire/ -- Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended March 31, 2022, of $0.01 per unit for the common units. The cash distribution for the common units will be paid on May 13, 2022, to all common unitholders of record as of the close of the business on May 2, 2022.

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