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NEP

NextEra Energy Partners NYSE:NEP Stock Report

Last Price

US$59.92

Market Cap

US$5.3b

7D

0.7%

1Y

-17.0%

Updated

31 May, 2023

Data

Company Financials +

NEP Stock Overview

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States.

NEP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

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$59.92
52 Week HighUS$86.06
52 Week LowUS$51.58
Beta0.89
1 Month Change7.21%
3 Month Change-8.77%
1 Year Change-16.95%
3 Year Change14.77%
5 Year Change36.68%
Change since IPO87.25%

Recent News & Updates

Recent updates

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

NextEra Energy Partners: Mediocre Quarter, But Long-Term Growth Story Intact

Jul 26

NextEra Energy Partners: The Best Way To Cash In On The Green Energy Gold Rush

May 29

NextEra Energy Partners goes ex-dividend tomorrow

May 04

NextEra Energy Partners prices $600M of 0% convertible senior notes due 2025

Dec 01

NextEra Energy Partners: Bet On Renewables With This High-Potential YieldCo

Nov 23

Shareholder Returns

NEPUS Renewable EnergyUS Market
7D0.7%-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

Is NEP's price volatile compared to industry and market?
NEP volatility
NEP Average Weekly Movement6.7%
Renewable Energy Industry Average Movement9.0%
Market Average Movement6.5%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.0%

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

FoundedEmployeesCEOWebsite
2014n/aJohn Ketchumhttps://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

How do NextEra Energy Partners's earnings and revenue compare to its market cap?
NEP fundamental statistics
Market CapUS$5.33b
Earnings (TTM)US$319.00m
Revenue (TTM)US$1.23b

16.7x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEP income statement (TTM)
RevenueUS$1.23b
Cost of RevenueUS$594.00m
Gross ProfitUS$637.00m
Other ExpensesUS$318.00m
EarningsUS$319.00m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.59
Gross Margin51.75%
Net Profit Margin25.91%
Debt/Equity Ratio36.7%

How did NEP perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

86%

Payout Ratio