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): $82.88

0.68 (+0.83%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: MLPs - Other


Ranked

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NEP POWR Grades


  • NEP scores best on the Quality dimension, with a Quality rank ahead of 67.91% of US stocks.
  • The strongest trend for NEP is in Sentiment, which has been heading down over the past 52 weeks.
  • NEP's current lowest rank is in the Growth metric (where it is better than 1.55% of US 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 0.35% of US stocks have a lower such ratio.
  • For NEP, its debt to operating expenses ratio is greater than that reported by 94.76% of US equities we're observing.
  • The volatility of Nextera Energy Partners Lp's share price is greater than that of just 15.06% US stocks with at least 200 days of trading history.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Nextera Energy Partners Lp are BDN, CPG, FTS, EBR, and TRQ.
  • 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 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

  • Its 2 year net cashflow from operations growth rate is now at -1.16%.
  • Its year over year revenue growth rate is now at 6.85%.
  • Its year over year price growth rate is now at 52.36%.
NEP's revenue has moved up $210,000,000 over the prior 49 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
2021-06-30 951 714 248
2021-03-31 951 670 369
2020-12-31 917 665 -55
2020-09-30 911 576 -87
2020-06-30 924 475 -215
2020-03-31 890 426 -290

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 C, ranking ahead of 67.89% of graded US stocks.
  • NEP's asset turnover comes in at 0.075 -- ranking 100th of 105 Utilities stocks.
  • SWX, PCG, and VST 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
2021-06-30 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
2020-03-31 0.074 0.574 0.081

NEP Stock Price Chart Interactive Chart >

Price chart for NEP

NEP Price/Volume Stats

Current price $82.88 52-week high $88.29
Prev. close $82.20 52-week low $60.80
Day low $81.36 Volume 520,100
Day high $83.74 Avg. volume 574,282
50-day MA $78.82 Dividend yield 3.2%
200-day MA $75.72 Market Cap 6.35B

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.

Should You Buy NextEra Energy (NEE) Ahead of Earnings?

NextEra Energy (NEE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Yahoo | October 19, 2021

The Zacks Analyst Blog Highlights: NextEra Energy, Tesla, Advanced Micro Devices, Alphabet and Texas Instruments

The Zacks Analyst Blog Highlights: NextEra Energy, Tesla, Advanced Micro Devices, Alphabet and Texas Instruments

Yahoo | October 19, 2021

5 Energy Stocks To Watch As Earnings Season Comes Up

As earnings season comes back around, there are five energy companies in particular that investors should be watching, some of which are set to overperform and some of which may disappoint

Yahoo | October 18, 2021

Why NextEra (NEE) is Poised to Beat Earnings Estimates Again

NextEra (NEE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Yahoo | October 18, 2021

3 Top Stocks to Buy if There Is a Market Pullback

These companies have been firing on all cylinders and soaring. A stock market correction will make them more attractively valued.

Yahoo | October 18, 2021

Read More 'NEP' Stories Here

NEP Price Returns

1-mo 5.57%
3-mo 12.48%
6-mo 14.47%
1-year 31.69%
3-year 102.22%
5-year 254.54%
YTD 26.67%
2020 32.40%
2019 27.53%
2018 3.74%
2017 75.99%
2016 -10.35%

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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