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NextEra Energy Partners NYSE:NEP Stock Report

Last Price

US$25.32

Market Cap

US$2.4b

7D

-6.1%

1Y

14.9%

Updated

08 Oct, 2024

Data

Company Financials +

NextEra Energy Partners, LP

NYSE:NEP Stock Report

Market Cap: US$2.4b

NextEra Energy Partners, LP Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NextEra Energy Partners
Historical stock prices
Current Share PriceUS$25.32
52 Week HighUS$35.15
52 Week LowUS$20.28
Beta1.03
11 Month Change4.63%
3 Month Change-3.40%
1 Year Change14.93%
33 Year Change-67.07%
5 Year Change-49.88%
Change since IPO-20.88%

Recent News & Updates

NextEra Energy And NextEra Energy Partners: The Weather Blows Favorable Tailwinds

Sep 25

NextEra Energy Partners: Massive 15% Yield And A Growing Dividend

Sep 05

NextEra Energy Partners: The Fed Could Save The 14% Dividend Yield

Aug 05

Recent updates

NextEra Energy And NextEra Energy Partners: The Weather Blows Favorable Tailwinds

Sep 25

NextEra Energy Partners: Massive 15% Yield And A Growing Dividend

Sep 05

NextEra Energy Partners: The Fed Could Save The 14% Dividend Yield

Aug 05

NextEra Energy Partners: Atlantica Sustainable Buyout Shows Big Downside Lies Ahead

Jul 02

NextEra Energy Partners: Lower Solar Panel Prices May Offset Higher Borrowing Costs, Improving Growth Outlook

May 29

I Bought The Dip And It's Paying 12%: NextEra Energy LP

May 06

NextEra Energy Partners: Lower For Longer

Apr 17

NextEra Energy Partners: Tempting, But A Far Cry From A Buy

Mar 15

NextEra Energy Partners: Unique Opportunity, 12% Yield And Distribution Growth

Feb 14

NextEra Energy Partners Yields 12%, But Buyers Beware As Risks Lurk

Jan 15

NextEra Energy Partners: Time To Be Greedy Now (Rating Upgrade)

Dec 07

NextEra Energy Partners: Investors Are Too Fearful Of This 15% Yield

Nov 30

NextEra Energy Partners: Long-Term Growth Potential Likely

Nov 21

NextEra Energy Partners: A Fat 14.7% Yield In Front Of A Steamroller?

Nov 13

NextEra Energy Partners: Outlook May Be Cut But Some Value Is Still Present

Oct 20

NextEra Energy Partners: Recovery Potential For This Oversold 15% Yielding Energy Stock

Oct 13

NextEra Energy Partners' Growth Has Been Stalled By Higher Rates: Time To Move On

Oct 04

NextEra Energy Partners: Resetting Growth Expectations (Rating Downgrade)

Sep 27

NEP And O: Opportunity In 2 Quality Dividend Growers

Aug 30

NextEra Energy Partners: Is The 6.3% Yield Still Safe?

Aug 03

NextEra Energy Partners: Strong Financials Coupled With Promising Market Bring Benefits

Jul 09

NextEra Energy: A Long-Term Hold Until It Fully Commits To Renewables

Jun 07

NextEra Energy Partners goes ex dividend tomorrow

Feb 02

NextEra Energy Partners Q4 2022 Earnings Preview

Jan 24

NextEra Energy Partners announces $500M in convertible senior notes due 2026

Dec 08

NextEra Energy Partners raises dividend by 3.3% to $0.7875

Oct 24

Is NextEra Energy Partners Worth Considering? I Believe So

Oct 04

NextEra Energy Partners: The Growth Story Just Keeps Getting Better

Jul 21

NextEra Energy Partners Is A Buy; Don't Worry About The Tariff Investigations

May 06

NextEra Energy Partners Is A Dividend Growth Investor's Dream Come True

Jan 14

NextEra Energy Partners Should Indirectly Benefit From Federal Clean Energy Spending

Oct 12

Shareholder Returns

NEPUS Renewable EnergyUS Market
7D-6.1%3.0%-0.7%
1Y14.9%119.3%30.3%

Return vs Industry: NEP underperformed the US Renewable Energy industry which returned 119.3% over the past year.

Return vs Market: NEP underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is NEP's price volatile compared to industry and market?
NEP volatility
NEP Average Weekly Movement5.6%
Renewable Energy Industry Average Movement8.8%
Market Average Movement6.4%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: NEP has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NEP's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aJohn Ketchumwww.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. The company owns contracted natural gas pipeline assets.

NextEra Energy Partners, LP Fundamentals Summary

How do NextEra Energy Partners's earnings and revenue compare to its market cap?
NEP fundamental statistics
Market capUS$2.37b
Earnings (TTM)-US$88.00m
Revenue (TTM)US$1.16b

2.0x

P/S Ratio

-26.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEP income statement (TTM)
RevenueUS$1.16b
Cost of RevenueUS$507.00m
Gross ProfitUS$651.00m
Other ExpensesUS$739.00m
Earnings-US$88.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.94
Gross Margin56.22%
Net Profit Margin-7.60%
Debt/Equity Ratio41.6%

How did NEP perform over the long term?

See historical performance and comparison

Dividends

14.3%

Current Dividend Yield

-376%

Payout Ratio