NextEra Energy Partners LP (NEP)

Evaluation: Based on all recent filings, financial statements, and news.

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Company Performance

Current Price

as of Oct 18, 2024

$26.19

P/E Ratio

8.24

Market Cap

$2.45B

Description

NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.

Metrics

Overview

  • HQJuno Beach, FL
  • SectorUtilities
  • IndustryAlternative Power Generation
  • TickerNEP
  • Price$26.19+0.69%

Trading Information

  • Market Cap$2.45B
  • Float97.21%
  • Average Daily Volume (1m)1,111,575
  • Average Daily Volume (3m)1,274,797
  • EPS$3.18

Company

  • Revenue$1.20B
  • Rev Growth (1yr)-3.08%
  • Net Income$62.00M
  • Gross Margin19.94%
  • EBITDA Margin60.69%
  • EBITDA$210.00M
  • EV$18.36B
  • EV/Revenue15.34
  • P/E8.24
  • P/S2.05
  • P/B0.69
Documents
SEC Filings
8-K (2024-07-24)
8-K (2024-05-06)
8-K (2024-04-23)
8-K (2024-01-25)
8-K (2023-12-29)
8-K (2023-12-18)
8-K (2023-12-05)
8-K (2023-10-24)
8-K (2023-10-04)
8-K (2023-07-25)
8-K (2023-07-06)
8-K (2023-05-15)
8-K (2023-05-12)
8-K (2023-04-25)
8-K (2023-03-29)
8-K (2023-03-14)
8-K (2023-01-25)
10-Q (2024-07-24)
10-Q (2024-04-23)
10-Q (2023-11-07)
10-Q (2023-07-26)
10-Q (2023-04-26)
10-K (2024-02-21)
10-K (2023-02-23)
Earnings Calls
Earnings Report 2024Q2
Earnings Report 2024Q1
Earnings Report (2023-10-25)
Factset
Factset Business Description
Factset Street Account
Seaport Research Partners downgrades NEE, NEP (2023-11-09T13:21:41Z)
NextEra Energy Partners reports Q3 adjusted EBITDA $488M vs FactSet $480.6M [11 est, $441-536.2M] ($22.42, 0.00) (2023-10-24T11:33:14Z)
NextEra Energy Partners downgraded to neutral from buy at UBS (2023-10-09T23:43:57Z)
NextEra Energy Partners downgraded to equal weight from overweight at Wells Fargo Securities ($29.70, 0.00) (2023-10-02T12:30:20Z)
Kinder Morgan to purchase NextEra Energy Partner's STX Midstream for $1.815B ($26.25, 0.00) (2023-11-06T21:44:58Z)
Follow-up: NextEra Energy Partners, LP announces sale agreement for Texas natural gas pipeline portfolio ($26.25, 0.00) (2023-11-06T21:47:37Z)
Wikipedia
NextEra_Energy_Partners,_LP