NEP Stock Overview
Acquires, owns, and manages contracted clean energy projects in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
NextEra Energy Partners, LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.32 |
| 52 Week High | US$35.15 |
| 52 Week Low | US$20.28 |
| Beta | 1.03 |
| 11 Month Change | 4.63% |
| 3 Month Change | -3.40% |
| 1 Year Change | 14.93% |
| 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 25NextEra Energy Partners: Massive 15% Yield And A Growing Dividend
Sep 05NextEra Energy Partners: The Fed Could Save The 14% Dividend Yield
Aug 05Recent updates
NextEra Energy And NextEra Energy Partners: The Weather Blows Favorable Tailwinds
Sep 25NextEra Energy Partners: Massive 15% Yield And A Growing Dividend
Sep 05NextEra Energy Partners: The Fed Could Save The 14% Dividend Yield
Aug 05NextEra Energy Partners: Atlantica Sustainable Buyout Shows Big Downside Lies Ahead
Jul 02NextEra Energy Partners: Lower Solar Panel Prices May Offset Higher Borrowing Costs, Improving Growth Outlook
May 29I Bought The Dip And It's Paying 12%: NextEra Energy LP
May 06NextEra Energy Partners: Lower For Longer
Apr 17NextEra Energy Partners: Tempting, But A Far Cry From A Buy
Mar 15NextEra Energy Partners: Unique Opportunity, 12% Yield And Distribution Growth
Feb 14NextEra Energy Partners Yields 12%, But Buyers Beware As Risks Lurk
Jan 15NextEra Energy Partners: Time To Be Greedy Now (Rating Upgrade)
Dec 07NextEra Energy Partners: Investors Are Too Fearful Of This 15% Yield
Nov 30NextEra Energy Partners: Long-Term Growth Potential Likely
Nov 21NextEra Energy Partners: A Fat 14.7% Yield In Front Of A Steamroller?
Nov 13NextEra Energy Partners: Outlook May Be Cut But Some Value Is Still Present
Oct 20NextEra Energy Partners: Recovery Potential For This Oversold 15% Yielding Energy Stock
Oct 13NextEra Energy Partners' Growth Has Been Stalled By Higher Rates: Time To Move On
Oct 04NextEra Energy Partners: Resetting Growth Expectations (Rating Downgrade)
Sep 27NEP And O: Opportunity In 2 Quality Dividend Growers
Aug 30NextEra Energy Partners: Is The 6.3% Yield Still Safe?
Aug 03NextEra Energy Partners: Strong Financials Coupled With Promising Market Bring Benefits
Jul 09NextEra Energy: A Long-Term Hold Until It Fully Commits To Renewables
Jun 07NextEra 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 12Shareholder Returns
| NEP | US Renewable Energy | US Market | |
|---|---|---|---|
| 7D | -6.1% | 3.0% | -0.7% |
| 1Y | 14.9% | 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
| NEP volatility | |
|---|---|
| NEP Average Weekly Movement | 5.6% |
| Renewable Energy Industry Average Movement | 8.8% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | n/a | John Ketchum | 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. The company owns contracted natural gas pipeline assets.
NextEra Energy Partners, LP Fundamentals Summary
| NEP fundamental statistics | |
|---|---|
| Market cap | US$2.37b |
| Earnings (TTM) | -US$88.00m |
| Revenue (TTM) | US$1.16b |
2.0x
P/S Ratio-26.9x
P/E RatioIs NEP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NEP income statement (TTM) | |
|---|---|
| Revenue | US$1.16b |
| Cost of Revenue | US$507.00m |
| Gross Profit | US$651.00m |
| Other Expenses | US$739.00m |
| Earnings | -US$88.00m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.94 |
| Gross Margin | 56.22% |
| Net Profit Margin | -7.60% |
| Debt/Equity Ratio | 41.6% |
How did NEP perform over the long term?
See historical performance and comparison