NextEra Energy Partners, LP Common Units representing limited partner interests (NEP): Price and Financial Metrics


NextEra Energy Partners, LP Common Units representing limited partner interests (NEP)

Today's Latest Price: $53.28 USD

0.21 (0.40%)

Updated Jul 7 4:10pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 18 in MLPs - Other

See all "A" rated Strong Buy stocks

NEP Stock Summary

  • Of note is the ratio of NextEra Energy Partners LP's sales and general administrative expense to its total operating expenses; only 0.31% of US stocks have a lower such ratio.
  • For NEP, its debt to operating expenses ratio is greater than that reported by 95.07% of US equities we're observing.
  • Over the past twelve months, NEP has reported earnings growth of 168.97%, putting it ahead of 92.78% of US stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to NextEra Energy Partners LP are LND, PSEC, ASR, PAM, and TGS.
  • NEP's SEC filings can be seen here. And to visit NextEra Energy Partners LP's official web site, go to www.investor.nexteraenergypartners.com.
NEP Daily Price Range
NEP 52-Week Price Range

NEP Stock Price Chart Technical Analysis Charts


NEP Price/Volume Stats

Current price $53.28 52-week high $61.87
Prev. close $53.07 52-week low $29.01
Day low $52.53 Volume 229,735
Day high $53.64 Avg. volume 596,472
50-day MA $50.63 Dividend yield 4.18%
200-day MA $51.23 Market Cap 3.49B

NextEra Energy Partners, LP Common Units representing limited partner interests (NEP) Company Bio


NextEra Energy Partners LP acquires, owns, and operates contracted clean energy projects. It owns interests in wind and solar projects in North America. The company was founded in 2014 and is based in Juno Beach, Florida.

NEP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$53.28$130.82143%

We started the process of determining a valid price forecast for NextEra Energy Partners LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that NextEra Energy Partners LP ranked in the 66th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 144.67% on a DCF basis. The most interesting components of our discounted cash flow analysis for NextEra Energy Partners LP ended up being:

  • The company's debt burden, as measured by earnings divided by interest payments, is 0.73; that's higher than just 14.37% of US stocks in the Utilities sector that have positive free cash flow.
  • NextEra Energy Partners LP's weighted average cost of capital (WACC) is 12%; for context, that number is higher than 82.34% of tickers in our DCF set.
  • NextEra Energy Partners LP's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%139%
1%141%
2%143%
3%146%
4%148%
5%151%

BIP, TAC, CWCO, GNE, and SPH can be thought of as valuation peers to NEP, in the sense that they are in the Utilities sector and have a similar price forecast based on DCF valuation.


NEP Latest News Stream


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Latest NEP News From Around the Web

Below are the latest news stories about NextEra Energy Partners LP that investors may wish to consider to help them evaluate NEP as an investment opportunity.

Zacks.com featured highlights include: Teekay Tankers, Tesla, NextEra Energy, Nice and West Pharmaceutical Services

Zacks.com featured highlights include: Teekay Tankers, Tesla, NextEra Energy, Nice and West Pharmaceutical Services

Yahoo | July 6, 2020

3 Top Dividend Stocks to Buy in July

Three dividend payers that look especially enticing right now are Brookfield Infrastructure Corporation (NYSE: BIPC), NextEra Energy (NYSE: NEE), and Waste Management (NYSE: WM). Master limited partnership (MLP) Brookfield Infrastructure Partners (NYSE: BIP) has been on a tear over the past decade. Its unit price -- MLP-speak for share price -- has appreciated 283% over the last 10 years, besting the S&P 500's 203.2% return.

Yahoo | July 4, 2020

Why NextEra Energy (NEE) is a Must Add to Your Portfolio

NextEra Energy's (NEE) strong investment plan to strengthen electric and natural gas operations and acquisitions to expand overall operations are likely to continue boosting its performance.

Yahoo | July 3, 2020

5 Top Stocks for July

With that in mind, we asked five Motley Fool contributors to share their best picks for investors in this unusual July. Here's why they think these stocks could put fireworks in your portfolio this month.

Yahoo | July 1, 2020

Got $3,000? Invest It in These 3 No-Brainer Buys

From high-growth stocks to basic-need services, there are a lot of ways to make bank in the stock market.

Yahoo | July 1, 2020

Read More 'NEP' Stories Here

NEP Price Returns

1-mo 1.60%
3-mo 29.80%
6-mo 3.16%
1-year 12.03%
3-year 61.29%
5-year 63.90%
YTD 3.30%
2019 27.53%
2018 3.74%
2017 75.99%
2016 -10.35%
2015 -9.09%

NEP Dividends

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Continue Researching NEP

Want to see what other sources are saying about NextEra Energy Partners LP's financials and stock price? Try the links below:

NextEra Energy Partners LP (NEP) Stock Price | Nasdaq
NextEra Energy Partners LP (NEP) Stock Quote, History and News - Yahoo Finance
NextEra Energy Partners LP (NEP) Stock Price and Basic Information | MarketWatch


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