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): $72.89

-0.50 (-0.68%)

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

  • NEP scores best on the Momentum dimension, with a Momentum rank ahead of 88.94% of US stocks.
  • The strongest trend for NEP is in Growth, which has been heading down over the past 177 days.
  • NEP's current lowest rank is in the Value metric (where it is better than 9.05% 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; merely 0.48% of US stocks have a lower such ratio.
  • For NEP, its debt to operating expenses ratio is greater than that reported by 94.37% of US equities we're observing.
  • Over the past twelve months, NEP has reported earnings growth of -635.71%, putting it ahead of only 2.73% of US stocks in our set.
  • If you're looking for stocks that are quantitatively similar to NEXTERA ENERGY PARTNERS LP, a group of peers worth examining would be FSP, MEOH, TK, DHC, and IRS.
  • 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/earnings ratio is 15.2; this is 30.28% lower than that of the median Utilities stock.
  • NEP's EV/EBIT ratio has moved down 106.8 over the prior 104 months.

Below are key valuation metrics over time for NEP.

Stock Date P/S P/B P/E EV/EBIT
NEP 2023-01-13 5.6 1.9 15.2 -74.4
NEP 2023-01-12 5.6 1.9 15.2 -74.5
NEP 2023-01-11 5.5 1.9 15.0 -73.9
NEP 2023-01-10 5.4 1.9 14.8 -73.2
NEP 2023-01-09 5.4 1.8 14.6 -72.6
NEP 2023-01-06 5.3 1.8 14.4 -72.0

NEP Growth Metrics

    Its 2 year net cashflow from operations growth rate is now at 62.68%.
  • The 4 year price growth rate now stands at 48.86%.
  • Its 3 year revenue growth rate is now at 38.18%.
NEP's revenue has moved up $317,000,000 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
2022-09-30 1,176 796 433
2022-06-30 1,126 778 372
2022-03-31 1,017 693 79
2021-12-31 982 677 137
2021-09-30 963 675 210
2021-06-30 951 714 248

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 $72.89 52-week high $86.06
Prev. close $73.39 52-week low $61.31
Day low $72.86 Volume 620,900
Day high $74.26 Avg. volume 679,083
50-day MA $75.21 Dividend yield 4.32%
200-day MA $75.22 Market Cap 6.31B

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 announces retirement of Florida Power & Light CEO and comments on campaign-finance allegations

NextEra's stock fell after mixed quarterly results, while Wall Street focused on comments about allegations of subsidiary's campaign-finance violations.

Yahoo | January 25, 2023

NextEra Energy Partners (NEP) Q4 Earnings & Sales Lag Estimates

NextEra Energy Partners' (NEP) fourth-quarter earnings and revenues are lower than expected, but continue to grow from acquisitions and renewable operation.

Yahoo | January 25, 2023

NextEra Slides as Florida Executive Departs After Campaign-Donation Probe

(Bloomberg) -- NextEra Energy Inc. shares fell sharply after the head of its Florida utility retired following an internal probe into whether the company violated campaign finance laws in the state.Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksUS Confronts China Over Companies’ Ties to Russia War EffortJosh Kushner Is Richer Than Trump After Billionaires Back His FirmTech-Led Slide Fades; Tesla Whipsaws on Earnings: Markets WrapUS and Germany Set to Send

Yahoo | January 25, 2023

Why NextEra Energy Stock Is Tumbling Today

Shares of NextEra Energy (NYSE: NEE) sold off on Wednesday, falling by more than 8% by 10:30 a.m. ET. Weighing on the utility were its fourth-quarter results. NextEra Energy reported mixed fourth-quarter results.

Yahoo | January 25, 2023

Florida Power & Light's longtime CEO to step down. Here's who will replace him.

The longtime leader of Florida Power & Light Company (FPL) will step down as CEO after nearly a decade at the helm of the state's largest utility. Silagy spent 20 years in various roles at parent company NextEra Energy Inc. (NYSE: NEE), including senior VP of regulatory and state governmental affairs and chief development officer. Armando Pimentel, the former CFO of both NextEra and FPL, will succeed Silagy as president and CEO.

Yahoo | January 25, 2023

Read More 'NEP' Stories Here

NEP Price Returns

1-mo 3.99%
3-mo -0.55%
6-mo -6.74%
1-year 5.62%
3-year 42.37%
5-year 100.13%
YTD 3.99%
2022 -13.52%
2021 30.01%
2020 32.40%
2019 27.53%
2018 3.74%

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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