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): $68.98

0.98 (+1.44%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: MLPs - Other


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NEP POWR Grades


  • Momentum is the dimension where NEP ranks best; there it ranks ahead of 75.59% of US stocks.
  • NEP's strongest trending metric is Momentum; it's been moving up over the last 179 days.
  • NEP's current lowest rank is in the Value metric (where it is better than 2.25% of US stocks).

NEP Stock Summary

  • With a price/earnings ratio of 50.36, Nextera Energy Partners Lp P/E ratio is greater than that of about 85.26% of stocks in our set with positive earnings.
  • Of note is the ratio of Nextera Energy Partners Lp's sales and general administrative expense to its total operating expenses; merely 0.5% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for Nextera Energy Partners Lp is higher than it is for about 96.03% of US stocks.
  • Stocks that are quantitatively similar to NEP, based on their financial statements, market capitalization, and price volatility, are FTS, TRQ, PMT, EBR, and RC.
  • Visit NEP's SEC page to see the company's official filings. To visit the company's web site, go to www.investor.nexteraenergypartners.com.

NEP Valuation Summary

  • NEP's price/sales ratio is 6.6; this is 214.29% higher than that of the median Utilities stock.
  • Over the past 87 months, NEP's price/sales ratio has gone up 2.9.
  • NEP's price/sales ratio has moved up 2.9 over the prior 87 months.

Below are key valuation metrics over time for NEP.

Stock Date P/S P/B P/E EV/EBIT
NEP 2021-09-01 6.6 2.7 25.3 -327.1
NEP 2021-08-31 6.4 2.6 24.7 -322.1
NEP 2021-08-30 6.4 2.6 24.5 -320.9
NEP 2021-08-27 6.3 2.6 24.3 -319.0
NEP 2021-08-26 6.4 2.6 24.4 -320.0
NEP 2021-08-25 6.4 2.6 24.6 -321.2

NEP Growth Metrics

    The year over year revenue growth rate now stands at 6.85%.
  • Its 5 year net cashflow from operations growth rate is now at 55.47%.
  • Its 4 year cash and equivalents growth rate is now at -36.81%.
NEP's revenue has moved up $250,000,000 over the prior 52 months.

The table below shows NEP's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-12-31 982 677 137
2021-09-30 963 675 210
2021-06-30 951 714 248
2021-03-31 951 670 369
2020-12-31 917 665 -55
2020-09-30 911 576 -87

NEP's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • NEP has a Quality Grade of B, ranking ahead of 77.68% of graded US stocks.
  • NEP's asset turnover comes in at 0.074 -- ranking 100th of 105 Utilities stocks.
  • PCG, SJW, and ARTNA are the stocks whose asset turnover ratios are most correlated with NEP.

The table below shows NEP's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.074 0.557 0.002
2021-06-30 0.075 0.565 -0.002
2021-03-31 0.076 0.581 -0.017
2020-12-31 0.074 0.571 0.042
2020-09-30 0.074 0.566 0.045
2020-06-30 0.076 0.580 0.069

NEP Stock Price Chart Interactive Chart >

Price chart for NEP

NEP Price/Volume Stats

Current price $68.98 52-week high $88.80
Prev. close $68.00 52-week low $61.31
Day low $67.73 Volume 438,700
Day high $69.21 Avg. volume 525,560
50-day MA $73.53 Dividend yield 4.25%
200-day MA $78.31 Market Cap 5.79B

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 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.

NextEra (NEE) Down 0.4% Since Last Earnings Report: Can It Rebound?

NextEra (NEE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | February 24, 2022

Why Is NextEra Energy Partners (NEP) Down 2.4% Since Last Earnings Report?

NextEra Energy Partners (NEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | February 24, 2022

American Electric's (AEP) Q4 Earnings and Revenues Beat

American Electric's (AEP) fourth-quarter revenues of $4.10 billion beats the Zacks Consensus Estimate of $4.02 billion by 2%.

Yahoo | February 24, 2022

NRG Energy (NRG) Q4 Loss Narrower Than Expected, '21 Sales Up

NRG Energy's (NRG) fourth-quarter loss per share is narrower than expected. NRG is making consistent investments to maintain and upgrade infrastructure.

Yahoo | February 24, 2022

The Zacks Analyst Blog Highlights NVIDIA, Novartis AG, NextEra Energy, The Goldman Sachs Group and Amgen

NVIDIA, Novartis AG, NextEra Energy, The Goldman Sachs Group and Amgen are included in this blog.

Yahoo | February 23, 2022

Read More 'NEP' Stories Here

NEP Price Returns

1-mo 4.05%
3-mo -7.66%
6-mo -17.88%
1-year 5.61%
3-year 67.18%
5-year 141.83%
YTD -16.59%
2021 30.01%
2020 32.40%
2019 27.53%
2018 3.74%
2017 75.99%

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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