NextEra Energy Partners, LP (NEP)
| Market Cap | 2.36B |
| Revenue (ttm) | 1.16B |
| Net Income (ttm) | 298.00M |
| Shares Out | 93.54M |
| EPS (ttm) | 3.18 |
| PE Ratio | 7.92 |
| Forward PE | 8.64 |
| Dividend | $3.62 (14.34%) |
| Ex-Dividend Date | Aug 6, 2024 |
| Volume | 1,037,556 |
| Open | 26.11 |
| Previous Close | 26.19 |
| Day's Range | 25.22 - 26.24 |
| 52-Week Range | 21.83 - 35.15 |
| Beta | 1.03 |
| Analysts | Hold |
| Price Target | 27.75 (+9.95%) |
| Earnings Date | Oct 23, 2024 |
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 17 analysts, the average rating for NEP stock is "Hold." The 12-month stock price forecast is $27.75, which is an increase of 9.95% from the latest price.
News
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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 ...
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NextEra Energy Partners (NEP) stock yields 14.6%: classic value trap
NextEra Energy Partners (NEP) stock price has continued to underperform the market this year as concerns about its revised growth and upcoming maturities. It has crashed by over 66% from its highest p...
NextEra Energy Partners: Massive 15% Yield And A Growing Dividend
NextEra Energy Partners offers a high yield and has become more attractive due to declining interest rates. NEP's financial health is solid, with a 15% EBITDA increase and a 10% rise in cash available...
NextEra Energy and NextEra Energy Partners to meet with investors throughout September
JUNO BEACH, Fla. , Sept. 3, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that members of the senior management team will participat...
My 3 Worst High-Yield Investments Ever
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14% Yield And 6% Hike: I Am Buying NextEra Energy Partners With Both Hands
The market is demanding NextEra Energy Partners to “prove it”, after their guidance update; management is walking the walk. You can get double-digit yields from this undervalued Yieldco. My retirement...
NextEra Energy Partners: The Fed Could Save The 14% Dividend Yield
NextEra Energy Partners offers a 14% dividend yield, significantly higher than its historical average. Total debt is high, and interest expenses are moving higher even as cash available for distributi...
An Important Warning For High-Yield Dividend Stocks
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7 Upcoming Dividend Increases
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12%+ Yields: 1 Very Overrated And 1 Very Underrated Dividend Stocks
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NextEra Energy Partners, LP Common Units (NEP) Q2 2024 Earnings Call Transcript
NextEra Energy Partners, LP Common Units (NYSE:NEP) Q2 2024 Results Conference Call July 24, 2024 9:00 AM ET Company Participants Mark Edelman - Director of Investor Relations John Ketchum - Chairman...
NextEra Energy Partners, LP second-quarter 2024 financial results available on partnership's website
JUNO BEACH, Fla. , July 24, 2024 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) has posted its second-quarter 2024 financial results in a news release available on the partnership's website b...
NextEra Energy second-quarter 2024 financial results available on company's website
JUNO BEACH, Fla. , July 24, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) has posted its second-quarter 2024 financial results in a news release available on the company's website by accessing...