Why Shares of Höegh LNG Partners Soared Today

Joe Tenebruso, The Motley Fool
·1 min read
Why Shares of Höegh LNG Partners Soared Today

Shares of Höegh LNG Partners (NYSE: HMLP), a limited partnership focused on liquefied natural gas (LNG), surged 31% on Wednesday after it reached a merger deal with its parent company, Höegh LNG Holdings. Höegh LNG Holdings created Höegh LNG Partners in 2014 to purchase and operate LNG carriers, floating storage and regasification units, and other infrastructure assets. Now, the LNG service provider apparently wants to bring the limited partnership back under its corporate shell.

Continue reading
  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • NBA Playoffs: Kawhi Leonard looks far from 100% in Clippers' chippy loss to Mavericks

    It was ugly all over for the Clippers in Game 3.

  • This Was the End of Coachella—As We Knew It

    Photo Illustration by Erin O'Flynn/The Daily Beast/Getty Images“Bro, I already saw Tyler at Flog Gnaw,” said a guy dressed in a flowery button-down to his friend, also in a flowery button-down. Tyler, the Creator, who put on his own festival at Dodger Stadium last fall, burst through a wall, kicking off his Coachella headlining set with the buzzing bass of “IGOR’S THEME.” But by the time I met up with my friend in the crowd, the pair had already left to see Dom Dolla, the DJ playing at the Sahar

  • Capitol Riot Cop Now Running Jan. 6-Themed Security Company

    ANDREW HARNIKThe retired cop who became the face of D.C. Metropolitan Police brutalized at the Capitol on Jan. 6, 2021 has launched a private security business with a name evoking the attack—and is already providing services to a campaign of the congressman who helped spearhead the subsequent impeachment of President Donald Trump, as well as “major political organizations,” the pol told The Daily Beast.Federal Election Commission records show the campaign of Rep. Eric Swalwell (D-CA) paid nearly

  • ’It’s hard and it's heartbreaking’: Kansas decides against expanding Medicaid

    ’It’s hard and it's heartbreaking’: Kansas decides against expanding Medicaid

  • Officials arrest man in connection to woman's death in Conway Thursday

    The woman, identified as 23-year-old Alexis Leach, was taken to a hospital, where she later died, investigators said.

  • Rangers take a 3-0 series lead with 3-1 win over Capitals

    WASHINGTON (AP) — Vincent Trocheck had a power-play goal and a short-handed assist, Igor Shesterkin made 27 saves and the New York Rangers moved one win away from advancing by beating the Washington Capitals 3-1 in Game 3 Friday night, taking a 3-0 lead in their first-round series. The Rangers scored goals at even-strength 5 on 5, up 5 on 4 and down 4 on 5 in a special teams showcase from the Presidents’ Trophy winners who finished atop the NHL regular season in part because of their potent powe

  • Cardinals vs. Mets Highlights

    Alec Burleson and the Mets take on J.D. Martinez and Mets on April 26th, 2024

  • Marcus Semien homers to break 8th-inning tie, Rangers beat Reds 2-1

    ARLINGTON, Texas (AP) — Marcus Semien homered to break an eighth-inning tie, helping the Rangers beat the Cincinnati Reds 2-1 on Friday night. Semien pulled a 1-1 fastball from Lucas Sims (1-1) down the line in left. Kirby Yates got his fourth save in four chances, pitching a scoreless ninth after José Leclerc (2-2) retired all three batters in the eighth in his fifth consecutive scoreless appearance. Evan Carter pulled the Rangers even at 1, leading off the second with a home run to right off s

  • Ladd McConkey to the Chargers highlights day 2 of NFL Draft

    Yahoo Sports’ Draft Live Crew shares their top day 2 picks from the 2024 NFL Draft, including the Bengals adding a WR from Alabama. 

  • Royals run past Tigers 8-0

    DETROIT (AP) — ROYALS 8, TIGERS 0 Seth Lugo pitched seven scoreless innings and Kansas City won their fourth straight game, beating Detroit. Lugo allowed three singles and matched a career high with nine strikeouts in a game played at 1:10 pm due to the NFL draft festivities in downtown Detroit on Friday evening. Tigers starter Reese Olson allowed one run on three hits and three walks in seven innings, striking out eight. Kansas City led 1-0 before scoring seven runs in the ninth inning. The tea

  • Tobago shark attack: British man injured 10 metres from shore

    The 64-year-old was 10 metres off the shore when he was attacked by a bull shark, a local official says.

  • Casey DeSmith makes 30 saves as the Canucks take 2-1 series lead over the Preds

    NASHVILLE, Tenn. (AP) — Casey DeSmith made 30 saves for his first postseason victory as the Vancouver Canucks held on to beat the Nashville Predators 2-1 Friday night for a 2-1 lead in their best-of-seven series to open the NHL playoffs. This was DeSmith's second straight start and third all-time in the playoffs with Thatcher Demko out since the series opener with an injury. J.T. Miller had a power-play goal and an assist, and Brock Boeser's power-play goal wound up the game-winner. Quinn Hughes

  • Video: LFA’s Kendra McIntyre ragdoll KOs opponent with absolutely vicious head kick

    Check out video of Kendra McIntyre's insane head kick Knockout of the Year contender at LFA 182.

  • Steelers pick Michigan WR Roman Wilson in third round of 2024 NFL draft. What to know

    Roman Wilson was a top target for the Wolverines' offense in 2023. Here's what Wilson is bringing to the NFL.

  • China's first-quarter industrial profits rise at slower pace

    China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy. Profits at China's industrial firms rose 4.3% in the first quarter from a year earlier, National Bureau of Statistics (NBS) data showed, slower than a 10.2% rise in the first two months. The reading complemented a slew of economic indicators for March such as retail sales and industrial output that pointed to frail domestic demand despite solid first-quarter GDP growth.

  • Q1 2024 Colgate-Palmolive Co Earnings Call

    Q1 2024 Colgate-Palmolive Co Earnings Call

  • Jason Fitz on David Tepper: ‘He has become an embarrassment to his franchise'

    Yahoo Sports’ Draft Live Crew discusses the Carolina Panthers owner’s latest transgression when he recently stopped by a Charlotte bar that criticized his draft strategy.

  • MLB-worst White Sox snap 7-game skid with their 4th win of the season, 9-4 over Rays

    CHICAGO (AP) — Light-hitting Martín Maldonado hit a three-run homer, Eloy Jiménez added a two-run-shot and the MLB-worst Chicago White Sox snapped a seven-game losing streak with their fourth win of the season, a 9-4 victory over the Tampa Bay Rays on Friday night. The nine runs were a season-high for Chicago, which at 4-22 is off to the worst start in franchise history through 26 games. Baltimore began 2-24 in 1988. Chris Flexen (1-3) worked five scoreless innings, allowing two hits and walking

  • Arizona Cardinals take Canadian Adams in third round of NFL draft

    DETROIT, Maine — Isaiah Adams is an Arizona Cardinal. Arizona selected the Illinois offensive lineman with the seventh pick of the third round, No. 71 overall, in the NFL draft on Friday night. Adams, of Ajax, Ont., was the first Canadian selected in this year's draft. He was a two-year starter at Illinois, serving as a captain in 2023. He made 25 straight starts at Illinois (14 games at left guard, 10 games at right tackle, one game at left tackle). He earned third-team All-Big Ten honours in 2

  • Q1 2024 Universal Insurance Holdings Inc Earnings Call

    Q1 2024 Universal Insurance Holdings Inc Earnings Call