NextEra Energy Partners, LP (NEP)
| Market Cap | 1.65B |
| Revenue (ttm) | 1.17B |
| Net Income (ttm) | 203.00M |
| Shares Out | 93.53M |
| EPS (ttm) | 2.17 |
| PE Ratio | 8.11 |
| Forward PE | 6.81 |
| Dividend | $3.67 (20.85%) |
| Ex-Dividend Date | Nov 6, 2024 |
| Volume | 1,542,246 |
| Open | 17.10 |
| Previous Close | 17.50 |
| Day's Range | 16.93 - 17.68 |
| 52-Week Range | 15.55 - 35.15 |
| Beta | 1.03 |
| Analysts | Hold |
| Price Target | 24.31 (+38.05%) |
| Earnings Date | Jan 23, 2025 |
About NEP
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects. The company owns contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is based in Juno Beach, Florida. [Read more]
Financial Performance
In 2023, NEP's revenue was $1.08 billion, an increase of 11.25% compared to the previous year's $969.00 million. Earnings were $200.00 million, a decrease of -58.07%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for NEP stock is "Hold." The 12-month stock price forecast is $24.31, which is an increase of 38.05% from the latest price.
News
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NextEra Energy Partners: Fire-Sale Discount As Clean Energy Proves Resilience
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NextEra Energy Partners faces significant debt challenges in a high interest rate environment, but its 19% forward distribution yield presents a compelling value opportunity. Despite potential yield c...
16 Upcoming Dividend Increases
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NextEra Energy Partners: Be Greedy When Others Are Fearful
NextEra Energy Partners' units fell over 16% due to worse-than-expected Q3 results and a significant decline in EBITDA, raising concerns about distribution stability. I believe, at the current valuati...
Dividend Harvesting Portfolio Week 190: $19,000 Allocated, $1,792.47 In Projected Dividends
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NextEra Energy Partners: Here Comes The Distribution Cut
NEP units are crashing. Management is signaling a distribution cut. We share how big we think the distribution cut might be and what investors should do now.
NextEra Energy Partners: 60% Distribution Cut Coming To A Theater Near You
NextEra Energy Partners played distribution poker. It lost. This morning it telegraphed the big distribution cut headed your way.
NextEra Energy Partners, LP (NEP) Q3 2024 Earnings Call Transcript
NextEra Energy Partners, LP (NYSE:NEP) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Mark Edelman - Director of Investor Relations John Ketchum - Chairman, Preside...
NextEra Energy Partners, LP third-quarter 2024 financial results available on partnership's website
JUNO BEACH, Fla. , Oct. 23, 2024 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) has posted its third-quarter 2024 financial results in a news release available on the partnership's website by...
NextEra Energy third-quarter 2024 financial results available on company's website
JUNO BEACH, Fla. , Oct. 23, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) has posted its third-quarter 2024 financial results in a news release available on the company's website by accessing ...
11-14% Yielding Dividend Growers: 2 To Buy And 1 To Sell
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NextEra Energy Partners Is A Big Play On Renewables Yielding 14.52%
NextEra Energy Partners has seen a significant decline in unit price but continues to grow its distribution, making it an intriguing income investment. Despite downgrades and a reduced growth outlook,...
NextEra Energy announces date for release of third-quarter 2024 financial results
JUNO BEACH, Fla. , Oct. 9, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that it plans to report third-quarter 2024 financial results before the opening of the New York Stock E...
NextEra Energy Partners, LP announces date for release of third-quarter 2024 financial results
JUNO BEACH, Fla. , Oct. 9, 2024 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it plans to report third-quarter 2024 financial results before the opening of the New York ...