NEP Stock Overview
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States.
Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 2/6 |
Past Performance | 5/6 |
Financial Health | 4/6 |
Dividends | 3/6 |
My Notes
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NextEra Energy Partners, LP Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$59.92 |
52 Week High | US$86.06 |
52 Week Low | US$51.58 |
Beta | 0.89 |
1 Month Change | 7.21% |
3 Month Change | -8.77% |
1 Year Change | -16.95% |
3 Year Change | 14.77% |
5 Year Change | 36.68% |
Change since IPO | 87.25% |
Recent News & Updates
Recent updates
NextEra Energy Partners goes ex dividend tomorrow
Feb 02NextEra Energy Partners Q4 2022 Earnings Preview
Jan 24NextEra Energy Partners announces $500M in convertible senior notes due 2026
Dec 08NextEra Energy Partners raises dividend by 3.3% to $0.7875
Oct 24Is NextEra Energy Partners Worth Considering? I Believe So
Oct 04NextEra Energy Partners: The Growth Story Just Keeps Getting Better
Jul 21NextEra Energy Partners Is A Buy; Don't Worry About The Tariff Investigations
May 06NextEra Energy Partners Is A Dividend Growth Investor's Dream Come True
Jan 14NextEra Energy Partners Should Indirectly Benefit From Federal Clean Energy Spending
Oct 12NextEra Energy Partners: Mediocre Quarter, But Long-Term Growth Story Intact
Jul 26NextEra Energy Partners: The Best Way To Cash In On The Green Energy Gold Rush
May 29NextEra Energy Partners goes ex-dividend tomorrow
May 04NextEra Energy Partners prices $600M of 0% convertible senior notes due 2025
Dec 01NextEra Energy Partners: Bet On Renewables With This High-Potential YieldCo
Nov 23Shareholder Returns
NEP | US Renewable Energy | US Market | |
---|---|---|---|
7D | 0.7% | -1.4% | 1.0% |
1Y | -17.0% | -14.8% | -0.2% |
Return vs Industry: NEP underperformed the US Renewable Energy industry which returned -14.8% over the past year.
Return vs Market: NEP underperformed the US Market which returned -0.2% over the past year.
Price Volatility
NEP volatility | |
---|---|
NEP Average Weekly Movement | 6.7% |
Renewable Energy Industry Average Movement | 9.0% |
Market Average Movement | 6.5% |
10% most volatile stocks in US Market | 15.6% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NEP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NEP's weekly volatility (7%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2014 | n/a | John Ketchum | https://www.nexteraenergypartners.com |
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, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.
NextEra Energy Partners, LP Fundamentals Summary
NEP fundamental statistics | |
---|---|
Market Cap | US$5.33b |
Earnings (TTM) | US$319.00m |
Revenue (TTM) | US$1.23b |
16.7x
P/E Ratio4.3x
P/S RatioIs NEP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
NEP income statement (TTM) | |
---|---|
Revenue | US$1.23b |
Cost of Revenue | US$594.00m |
Gross Profit | US$637.00m |
Other Expenses | US$318.00m |
Earnings | US$319.00m |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 3.59 |
Gross Margin | 51.75% |
Net Profit Margin | 25.91% |
Debt/Equity Ratio | 36.7% |
How did NEP perform over the long term?
See historical performance and comparison