Utilities -
Renewable Utilities - NYSE - US
$ 10.79
3.35 %
$ 1.01 B
Market Cap
-98.09
P/E
1. INTRINSIC VALUE
Balance Sheet
NextEra Energy Partners, LP
| Current Assets | 2.22 B |
| Cash & Short-Term Investments | 274 M |
| Receivables | 1.75 B |
| Other Current Assets | 189 M |
| Non-Current Assets | 20.3 B |
| Long-Term Investments | 1.85 B |
| PP&E | 14.8 B |
| Other Non-Current Assets | 3.6 B |
| Current Liabilities | 1.67 B |
| Accounts Payable | 67 M |
| Short-Term Debt | 1.35 B |
| Other Current Liabilities | 256 M |
| Non-Current Liabilities | 6.78 B |
| Long-Term Debt | 4.94 B |
| Other Non-Current Liabilities | 1.84 B |
EFFICIENCY
Earnings Waterfall
NextEra Energy Partners, LP
| Revenue | 1.08 B |
| Cost Of Revenue | 520 M |
| Gross Profit | 558 M |
| Operating Expenses | 586 M |
| Operating Income | -28 M |
| Other Expenses | 222 M |
| Net Income | -250 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
NextEra Energy Partners, LP
| Net Income | -250 M |
| Depreciation & Amortization | 635 M |
| Capital Expenditures | -1.27 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -113 M |
| Others | 312 M |
| Free Cash Flow | -538 M |
Wall Street Analysts Price Targets
NextEra Energy Partners, LP
Wall Street analysts predict an average 1-year price target for NEP of $26.2 , with forecasts ranging from
a
low of
$18 to a high of $32 .
NEP Lowest Price Target
Wall Street Target
18 USD
66.82%
NEP Average Price Target
Wall Street Target
26.2 USD
142.82%
NEP Highest Price Target
Wall Street Target
32 USD
196.57%
4. DIVIDEND
ANALYSIS
8.60%
DIVIDEND YIELD
0.917 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
NextEra Energy Partners, LP
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Apr 27, 2023
|
Bought
14.2 K USD
|
Kind Peter H
Director
|
+ 250
|
56.83 USD |
|
1 year ago
Apr 27, 2023
|
Bought
85.4 K USD
|
Kind Peter H
Director
|
+ 1500
|
56.9 USD |
|
4 years ago
Mar 17, 2020
|
Bought
77.4 K USD
|
Kind Peter H
Director
|
+ 2000
|
38.698 USD |
|
4 years ago
Mar 16, 2020
|
Bought
106 K USD
|
Byrne Robert J
Director
|
+ 2500
|
42.5 USD |
|
4 years ago
Mar 13, 2020
|
Bought
256 K USD
|
Byrne Robert J
Director
|
+ 5500
|
46.5 USD |
|
5 years ago
Oct 25, 2019
|
Bought
51.8 K USD
|
Kind Peter H
Director
|
+ 1000
|
51.7823 USD |
|
7 years ago
Jul 14, 2017
|
Bought
191 K USD
|
Pimentel Armando Jr
President of GP
|
+ 5000
|
38.23 USD |
|
7 years ago
Jul 05, 2017
|
Bought
50.6 K USD
|
Hickson Mark E
EVP Corp Dev of GP
|
+ 1350
|
37.51 USD |
|
9 years ago
Sep 11, 2015
|
Bought
312 K USD
|
CUTLER PAUL I
Treasurer & Asst. Sec of GP
|
+ 12000
|
26 USD |
|
9 years ago
Aug 28, 2015
|
Bought
33.9 K USD
|
Pimentel Armando Jr
President of GP
|
+ 1100
|
30.86 USD |
|
9 years ago
Aug 28, 2015
|
Bought
116 K USD
|
Pimentel Armando Jr
President of GP
|
+ 3900
|
29.72 USD |
|
10 years ago
Jul 01, 2014
|
Bought
584 K USD
|
Sieving Charles E
General Counsel of GP
|
+ 23358
|
25 USD |
|
10 years ago
Jul 01, 2014
|
Bought
250 K USD
|
Pimentel Armando Jr
President of GP
|
+ 10000
|
25 USD |
|
10 years ago
Jul 01, 2014
|
Bought
62.5 K USD
|
Kind Peter H
Director
|
+ 2500
|
25 USD |
|
10 years ago
Jul 01, 2014
|
Bought
85.8 K USD
|
Hickson Mark E
VP, Strategy & Corp Dev. of GP
|
+ 3430
|
25 USD |
|
10 years ago
Jul 01, 2014
|
Bought
146 K USD
|
FROGGATT CHRIS N
Controller & CAO of GP
|
+ 5837
|
25 USD |
|
10 years ago
Jul 01, 2014
|
Bought
625 K USD
|
DEWHURST MORAY P
CFO of GP
|
+ 25000
|
25 USD |
|
10 years ago
Jul 01, 2014
|
Bought
613 K USD
|
CUTLER PAUL I
Treasurer & Asst. Sec of GP
|
+ 24525
|
25 USD |
|
10 years ago
Jul 01, 2014
|
Bought
95 K USD
|
Byrne Robert J
Director
|
+ 3800
|
25 USD |
|
10 years ago
Jul 01, 2014
|
Bought
1.84 M USD
|
ROBO JAMES L
Chairman & CEO of GP
|
+ 73576
|
25 USD |
|
10 years ago
Jun 27, 2014
|
Bought
2.28 M USD
|
ROBO JAMES L
Chairman & CEO of GP
|
+ 70000
|
32.55 USD |
|
15 years ago
Aug 26, 2009
|
Sell 56 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 27600
|
2.0306 USD |
|
15 years ago
Aug 27, 2009
|
Sell 403 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 200000
|
2.0162 USD |
|
15 years ago
Aug 28, 2009
|
Sell 394 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 200000
|
1.9695 USD |
|
15 years ago
Aug 20, 2009
|
Sell 70.4 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 27610
|
2.5508 USD |
|
15 years ago
Aug 20, 2009
|
Sell 6.1 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 2390
|
2.5508 USD |
|
15 years ago
Jun 08, 2009
|
Sell 203 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 230087
|
0.8837 USD |
|
15 years ago
Jun 09, 2009
|
Sell 78.2 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 92035
|
0.8498 USD |
|
15 years ago
Jun 08, 2009
|
Sell 17.6 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 19913
|
0.8837 USD |
|
15 years ago
Jun 09, 2009
|
Sell 6.77 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 7965
|
0.8498 USD |
|
16 years ago
May 27, 2008
|
Sell 1.22 M
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 1737644
|
0.7 USD |
|
16 years ago
May 27, 2008
|
Sell 105 K
USD
|
Southpaw Asset Management LP
10 percent owner
|
- 150431
|
0.7 USD |
|
19 years ago
Apr 06, 2005
|
Bought
3.45 K USD
|
BARTA NORMAN J
President & CEO
|
+ 1100
|
3.14 USD |
|
19 years ago
Apr 06, 2005
|
Bought
0 USD
|
BARTA NORMAN J
President & CEO
|
+ 1100
|
0 USD |
7. News
NextEra Energy Partners: A New Major Problem Has Just Emerged
NEP is very likely going to cut its distribution soon. However, a potentially even bigger problem has just emerged for the company. I detail what it is and share what I am buying instead.
seekingalpha.com
- 1 week ago
Why the Market Dipped But NextEra Energy Partners (NEP) Gained Today
NextEra Energy Partners (NEP) reachead $16.91 at the closing of the latest trading day, reflecting a +0.83% change compared to its last close.
zacks.com
- 2 weeks ago
NextEra Energy Partners (NEP) to Report Q4 Results: Wall Street Expects Earnings Growth
NextEra Energy Partners (NEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
Jerome Powell Is Doing Dividend Investors A Huge Favor
The Fed recently gave dividend investors a huge gift. We discuss what this gift is. We also share some of our top picks of the moment to take advantage of this gift.
seekingalpha.com
- 2 weeks ago
NextEra Energy Partners, LP (NEP) Is a Trending Stock: Facts to Know Before Betting on It
NextEra Energy Partners (NEP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
zacks.com
- 2 weeks ago
What I Wish I Knew Before Investing In Dividend Stocks
Dividend investing has been very rewarding for me. However, I have learned a lot of lessons the hard way. I share some of the most important lessons I have learned in this article.
seekingalpha.com
- 2 weeks ago
An Important Warning For These 6-20% Dividend Yields
An Important Warning For These 6-20% Dividend Yields
seekingalpha.com
- 2 weeks ago
3 Ideal Buys From 51 'Safer' Dividends In 100 January Barron's Sustainable Dogs
Calvert Research and Management's annual review identified the top 100 sustainable companies based on over 230 ESG performance indicators, including workplace diversity and greenhouse-gas emissions. Eight dividend-paying sustainable companies offer annual dividends from a $1K investment exceeding their single share prices, signaling potential buy opportunities. Analysts forecast net gains of 27.62% to 59.85% for top ESG companies by January 2026, with Regions Financial leading at an estimated 59.84%.
seekingalpha.com
- 2 weeks ago
Retire in Comfort: 3 Utility Stocks That Keep Your Paychecks Flowing
One of the revelations of President Donald Trump's close friendship with Elon Musk was the huge electricity demand required to power Artificial Intelligence (AI).
247wallst.com
- 3 weeks ago
Brookfield Renewable: Diversified Clean Energy Leader
Brookfield Renewable: Diversified Clean Energy Leader
seekingalpha.com
- 3 weeks ago
NextEra Energy Partners (NEP) Advances But Underperforms Market: Key Facts
NextEra Energy Partners (NEP) closed the most recent trading day at $18.72, moving +0.11% from the previous trading session.
zacks.com
- 3 weeks ago
18-25% Cash Flow Yields: 1 To Buy, 2 To Avoid
High cash flow yield stocks offer the potential for massive total returns. However, not all high cash flow yields are good investments. I share one that is a Strong Buy right now and two that I think should be avoided.
seekingalpha.com
- 3 weeks ago
8. Profile
Summary
NextEra Energy Partners, LP NEP
COUNTRY
US
INDUSTRY
Renewable Utilities
MARKET CAP
$ 1.01 B
Dividend Yield
8.60%
Description
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 and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.
Contact
700 Universe Boulevard, Juno Beach, FL, 33408
https://www.investor.nexteraenergypartners.com
IPO
Date
June 27, 2014
Employees
None
Officers
Ms. Rebecca J. Kujawa C.F.A.
President & Director
Mr. Mark E. Hickson
Executive Vice President of Strategy & Corporate Development and Director
Mr. John W. Ketchum J.D.
Chairman & Chief Executive Officer
Mr. Michael H. Dunne
Treasurer & Assistant Secretary
Mr. Charles E. Sieving J.D.
General Counsel
Mr. William Scott Seeley
Corporate Secretary
Mr. Brian W. Bolster
Chief Financial Officer & Director
Mr. James Michael May
Controller & Chief Accounting Officer