NextEra Energy Partners LP (NEP)

NYSE: NEP · IEX Real-Time Price · USD
76.47
+1.13 (1.50%)
Jul 7, 2022 12:25 PM EDT - Market open
1.50%
Market Cap 6.42B
Revenue (ttm) 1.02B
Net Income (ttm) 79.00M
Shares Out 83.91M
EPS (ttm) 0.83
PE Ratio 92.13
Forward PE 41.32
Dividend $2.79 (3.65%)
Ex-Dividend Date May 4, 2022
Volume 128,385
Open 76.01
Previous Close 75.34
Day's Range 75.74 - 77.17
52-Week Range 61.31 - 88.80
Beta 0.92
Analysts Buy
Price Target 87.24 (+14.1%)
Earnings Date Jul 22, 2022

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 and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida. [Read more...]

Industry Independent Power and Renewable Electricity Producers
Founded 2014
CEO James Robo
Employees 2,021
Stock Exchange NYSE
Ticker Symbol NEP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for NEP stock is "Buy." The 12-month stock price forecast is 87.24, which is an increase of 14.08% from the latest price.

Price Target
$87.24
(14.08% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 High-Yield Dividend Stocks You Won't Want to Overlook

These big-time dividends look very attractive these days.

Other symbols: DKLMMM

NextEra Energy Partners to host previously announced investor conference today

Extends 12% to 15% annualized distribution per unit growth expectations for one year, through 2025 Announces agreement with NextEra Energy to modify the partnership's incentive distribution rights fees ...

Other symbols: NEE

Our call to action has been answered, says top solar analyst

Steve Fleishman, Wolfe Research senior analyst, joins CNBC's "Fast Money" to discuss the solar stocks soaring on reports that the the Biden administration will issue an executive action to stop new sola...

Statement by NextEra Energy, Inc. President and CEO and NextEra Energy Partners, LP CEO John Ketchum on Biden adminis...

JUNO BEACH, Fla. , June 6, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) President and CEO and NextEra Energy Partners (NYSE: NEP) CEO John Ketchum issued the following statement regarding today...

Other symbols: NEE

NextEra Energy and NextEra Energy Partners to host investor conference on June 14

JUNO BEACH, Fla. , May 27, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) will host an investor conference from 8:30 a.m.

Other symbols: NEE

Worried About a Prolonged Bear Market? Rest Easy With These 3 Dividend Stocks

Market volatility is unavoidable, but quality businesses stand a better chance of outlasting tough times.

Other symbols: HUBBWM

NextEra Energy Partners, LP announces anticipated effective date of resale registration statement with respect to com...

JUNO BEACH, Fla. , May 16, 2022 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it anticipates that the resale registration statement on Form S-3, previously filed by NextEr...

Other symbols: NEE

5 Renewable Energy Stocks That Also Pay Solid Dividends

These stocks offer attractive options for dividend investors looking to gain exposure to the renewable energy space.

Other symbols: AQNAYBEPCWEN

This Renewable Energy Stock Could Power Your Portfolio for Decades

The renewable energy company increased its per-unit distribution by nearly 15% in the first quarter.

This Renewable Energy Stock Is a Passive Income Growth Machine

The company continues to grow its portfolio and dividend.

NextEra Energy Partners (NEP) Q1 Earnings Beat & Revenues Lag

NextEra Energy Partners' (NEP) first-quarter earnings surpass estimates. NextEra Energy Partners continues to gain from an expansion of the renewable portfolio through acquisitions.

NextEra Energy Partners (NEP) Q1 Earnings Beat Estimates

NextEra Energy Partners (NEP) delivered earnings and revenue surprises of 309.52% and 9.82%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

NextEra Energy first-quarter 2022 financial results available on company's website

JUNO BEACH, Fla. , April 21, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) has posted its first-quarter 2022 financial results in a news release available on the company's website by accessing t...

Other symbols: NEE

What's in Store for NextEra Energy (NEP) in Q1 Earnings?

NextEra Energy Partners' (NEP) first-quarter results are likely to benefit from acquisitions and contributions from organic assets.

Earnings Preview: NextEra Energy Partners (NEP) Q1 Earnings Expected to Decline

NextEra Energy Partners (NEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NextEra Energy Partners, LP announces date for release of first-quarter 2022 financial results

JUNO BEACH, Fla. , April 7, 2022 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it plans to report first-quarter 2022 financial results before the opening of the New York S...

Statement by NextEra Energy Resources President and CEO and NextEra Energy Partners President Rebecca Kujawa on agree...

JUNO BEACH, Fla. , April 5, 2022 /PRNewswire/ -- NextEra Energy Resources, LLC President and CEO and NextEra Energy Partners, LP President Rebecca Kujawa issued the following statement regarding today's...

Other symbols: NEE

NextEra Energy Partners (NEP) Sells Monument Gas Pipeline

NextEra Energy Partners, LP (NEP) sells the Monument Pipeline for $203 million and intends to utilize the proceeds for acquiring higher-yielding renewable assets.

NextEra Energy Partners, LP announces closing of the sale of Monument gas pipeline

JUNO BEACH, Fla. , April 4, 2022 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it has completed the sale of Monument Pipeline, LP, an approximately 156-mile, 16-inch pipel...

Other symbols: NEE

Statement by NextEra Energy, Inc. President and CEO and NextEra Energy Partners, LP CEO John Ketchum Regarding U.S. D...

JUNO BEACH, Fla. , March 29, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) President and CEO and NextEra Energy Partners, LP (NYSE: NEP) CEO John Ketchum issued the following statement regarding...

Other symbols: NEE

These 2 Renewable Energy Stocks Are Too Cheap to Ignore

These renewable energy dividend stocks could be headed for big things.

Other symbols: BEP

NextEra Energy and NextEra Energy Partners to meet with investors throughout March

JUNO BEACH, Fla., Feb. 28, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that members of the senior management team will participate i...

Other symbols: NEE

Why Is NextEra Energy Partners (NEP) Down 2.4% Since Last Earnings Report?

NextEra Energy Partners (NEP) reported earnings 30 days ago. What's next for the stock?

Other symbols: NEE

4 Strong Renewable Energy Growth Stocks

If you like dividends, these could be worth taking a look at.

Other symbols: AQNAYNEESHELXOM

NextEra Energy and NextEra Energy Partners to meet with investors throughout February

JUNO BEACH, Fla., Feb. 4, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that members of the senior management team will participate in...

Other symbols: NEE