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NYSE: NEP
Nextera Energy Partners LP Stock

$29.63+0.86 (+2.99%)
Updated Apr 24, 2024
NEP Price
$29.63
Fair Value Price
N/A
Market Cap
$2.77B
52 Week Low
$20.17
52 Week High
$63.89
P/E
9.65x
P/B
0.78x
P/S
2.72x
PEG
0.51x
Dividend Yield
11.62%
Revenue
$1.03B
Earnings
$284.00M
Gross Margin
45.7%
Operating Margin
46.23%
Profit Margin
27.5%
Debt to Equity
2.35
Operating Cash Flow
$727M
Beta
0.94
Next Earnings
N/A
Ex-Dividend
May 6, 2024
Next Dividend
May 15, 2024

NEP Overview

NextEra Energy Partners LP owns and manages and owns clean energy projects. The company owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. Its natural gas pipelines serves power producers and municipalities in Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in Houston. NextEra Energy was incorporated in 2014 and is headquartered in Juno Beach, FL.

Zen Score

Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how NEP scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

NEP ($29.63) is trading below its intrinsic value of $37.24, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
NEP is good value based on its earnings relative to its share price (9.65x), compared to the US market average (41.27x)
P/E vs Market Valuation
NEP is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more NEP due diligence checks available for Premium users.

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NEP News

Valuation

NEP price to earnings (PE)

For valuing profitable companies with steady earnings
Company
9.65x
Industry
31.53x
Market
41.27x
NEP is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
NEP is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

NEP price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.78x
Industry
2.6x
NEP is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NEP price to earnings growth (PEG)

For valuing profitable companies with growth potential
NEP is good value based... subscribe to Premium to read more.
PEG Value Valuation

NEP's financial health

Profit margin

Revenue
$257.0M
Net Income
$70.0M
Profit Margin
27.2%
NEP's Earnings (EBIT) of $478.00M... subscribe to Premium to read more.
Interest Coverage Financials
NEP's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$22.3B
Liabilities
$8.4B
Debt to equity
2.35
NEP's short-term assets ($2.18B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NEP's long-term liabilities ($6.75B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NEP's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
NEP's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$78.0M
Investing
$42.0M
Financing
-$113.0M
NEP's operating cash flow ($727.00M)... subscribe to Premium to read more.
Debt Coverage Financials

NEP vs Renewable Energy Stocks

TickerMarket Cap1d %P/EP/B
NEP$2.77B+2.99%9.65x0.78x
AY$2.96B+2.51%68.95x2.08x
FLNC$3.01B+3.69%-32.38x7.23x
RNW$2.07B-1.72%55.44x1.66x
ENLT$1.88B-4.01%26.08x1.61x

Nextera Energy Partners Stock FAQ

What is Nextera Energy Partners's quote symbol?

(NYSE: NEP) Nextera Energy Partners trades on the NYSE under the ticker symbol NEP. Nextera Energy Partners stock quotes can also be displayed as NYSE: NEP.

If you're new to stock investing, here's how to buy Nextera Energy Partners stock.

What is the 52 week high and low for Nextera Energy Partners (NYSE: NEP)?

(NYSE: NEP) Nextera Energy Partners's 52-week high was $63.89, and its 52-week low was $20.17. It is currently -53.62% from its 52-week high and 46.9% from its 52-week low.

How much is Nextera Energy Partners stock worth today?

(NYSE: NEP) Nextera Energy Partners currently has 93,539,258 outstanding shares. With Nextera Energy Partners stock trading at $29.63 per share, the total value of Nextera Energy Partners stock (market capitalization) is $2.77B.

Nextera Energy Partners stock was originally listed at a price of $32.00 in Jun 27, 2014. If you had invested in Nextera Energy Partners stock at $32.00, your return over the last 9 years would have been -7.41%, for an annualized return of -0.85% (not including any dividends or dividend reinvestments).

How much is Nextera Energy Partners's stock price per share?

(NYSE: NEP) Nextera Energy Partners stock price per share is $29.63 today (as of Apr 24, 2024).

What is Nextera Energy Partners's Market Cap?

(NYSE: NEP) Nextera Energy Partners's market cap is $2.77B, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Nextera Energy Partners's market cap is calculated by multiplying NEP's current stock price of $29.63 by NEP's total outstanding shares of 93,539,258.
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