NextEra Energy Partners LP Company Profile (NYSE:NEP)

About NextEra Energy Partners LP

NextEra Energy Partners LP logoNextera Energy Partners, LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP (NEP OpCo), owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as approximately seven contracted natural gas pipeline assets. The Company's contracted renewable energy projects portfolio includes approximately 2,656 megawatts (MW). The Company's natural gas pipelines in the portfolio serve power producers and municipalities in South Texas; processing plants and producers in the Eagle Ford Shale, and residential, commercial and industrial customers in the Houston area. The Company is a subsidiary of NextEra Energy, Inc., which is a clean energy company.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: NEP
  • CUSIP:
Key Metrics:
  • Previous Close: $30.48
  • 50 Day Moving Average: $30.86
  • 200 Day Moving Average: $28.45
  • Trailing P/E Ratio: 51.75
  • Foreward P/E Ratio: 24.19
  • P/E Growth: 0.98
  • Market Cap: $1.29B
  • Outstanding Shares: 42,274,000
  • Beta: 1.32
Additional Links:
Companies Related to NextEra Energy Partners LP:

Analyst Ratings

Consensus Ratings for NextEra Energy Partners LP (NYSE:NEP) (?)
Ratings Breakdown: 6 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $31.67 (3.89% upside)

Analysts' Ratings History for NextEra Energy Partners LP (NYSE:NEP)
DateFirmActionRatingPrice TargetDetails
7/28/2016Avondale PartnersDowngradeOutperform -> Market PerformView Rating Details
4/19/2016Deutsche Bank AGReiterated RatingHold$28.00View Rating Details
4/5/2016Royal Bank Of CanadaInitiated CoverageSector Perform$29.00View Rating Details
2/23/2016JPMorgan Chase & Co.Boost Price TargetNeutral$25.00 -> $29.00View Rating Details
1/29/2016BMO Capital MarketsLower Price TargetOutperform$34.00 -> $31.00View Rating Details
1/4/2016Barclays PLCBoost Price TargetOverweight$29.00 -> $34.00View Rating Details
11/17/2015ScotiabankReiterated RatingSector Perform$32.00View Rating Details
11/17/2015Howard WeilInitiated CoverageSector Perform$32.00View Rating Details
10/19/2015Goldman Sachs Group Inc.UpgradeNeutral -> Buy$32.00View Rating Details
8/31/2015KeyCorpUpgradeSector Weight -> Overweight$38.00View Rating Details
8/25/2015Robert W. BairdInitiated CoverageOutperform$43.00View Rating Details
8/4/2015MizuhoLower Price TargetBuy$56.00 -> $47.00View Rating Details
7/27/2015Wells Fargo & Co.UpgradeMarket Perform -> OutperformView Rating Details
7/6/2015Sanford C. BernsteinInitiated CoverageOutperformView Rating Details
1/9/2015Credit Suisse Group AGInitiated CoverageOutperform$46.00View Rating Details
10/17/2014Wolfe ResearchUpgradeMarket Perform -> OutperformView Rating Details
9/18/2014MacquarieInitiated CoverageOutperform$40.00View Rating Details
(Data available from 8/27/2014 forward)


Earnings History for NextEra Energy Partners LP (NYSE:NEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2016Q116$0.33$0.19$195.70 million$171.00 millionViewListenView Earnings Details
4/28/2016Q415$0.35$0.14$179.57 millionViewListenView Earnings Details
1/28/2016Q415$0.38$0.46$185.27 millionViewListenView Earnings Details
10/28/2015Q315$0.26$0.05$131.43 million$103.00 millionViewListenView Earnings Details
8/3/2015Q215$0.22$0.16$114.37 million$107.00 millionViewN/AView Earnings Details
4/29/2015Q115$0.22$0.08$88.30 million$74.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for NextEra Energy Partners LP (NYSE:NEP)
Current Year EPS Consensus Estimate: $1.15 EPS
Next Year EPS Consensus Estimate: $1.26 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.37$0.37$0.37
Q2 20161$0.35$0.35$0.35
(Data provided by Zacks Investment Research)


Current Dividend Information for NextEra Energy Partners LP (NYSE:NEP)
Annual Dividend:$1.32
Dividend Yield:4.33%
Payout Ratio:191.31% (Based on Trailing 12 Months of Earnings)
114.78% (Based on Current Year Consensus EPS Estimate)
104.76% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for NextEra Energy Partners LP (NYSE:NEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for NextEra Energy Partners LP (NYSE:NEP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/11/2015Paul I CutlerTreasurerBuy12,000$26.00$312,000.00View SEC Filing  
8/28/2015Armando Pimentel, Jr.insiderBuy5,000$29.97$149,850.00View SEC Filing  
7/1/2014Armando Pimentel JrInsiderBuy10,000$25.00$250,000.00View SEC Filing  
7/1/2014Charles E SievingGeneral CounselBuy23,358$25.00$583,950.00View SEC Filing  
7/1/2014Chris N FroggattCAOBuy5,837$25.00$145,925.00View SEC Filing  
7/1/2014James L RoboCEOBuy143,576$28.68$4,117,759.68View SEC Filing  
7/1/2014Mark E HicksonVPBuy3,430$25.00$85,750.00View SEC Filing  
7/1/2014Moray P DewhurstCFOBuy25,000$25.00$625,000.00View SEC Filing  
7/1/2014Paul I CutlerTreasurerBuy24,525$25.00$613,125.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for NextEra Energy Partners LP (NYSE:NEP)
DateHeadline logoNextEra Energy Partners, LP (NYSE:NEP) Reports Sales Of $171, Surprising Estimates By -16.309% - Investor Newswire (NYSE:NEP) - August 26 at 9:26 AM logoThe Zacks Analyst Blog Highlights: Wal-Mart, American International and NextEra Energy (NYSE:NEP) - August 25 at 11:30 AM
News IconNextera energy to sell equity units data recovery center (NYSE:NEP) - August 22 at 6:22 PM logoAnalysts Set $33.125 Price Target For NextEra Energy Partners, LP (NYSE:NEP) (NYSE:NEP) - August 22 at 11:00 AM logoNextEra Energy Capital Holdings announces dates for remarketing of its Series G Debentures due Sept. 1, 2018 (NYSE:NEP) - August 22 at 11:00 AM
News IconShare Valuation Review for NextEra Energy Partners, LP (NYSE:NEP) - Post News (NYSE:NEP) - August 20 at 6:05 PM logoAppointment of Alternate Director (NYSE:NEP) - August 19 at 9:29 AM logoHunt back in the power struggle for Oncor (NYSE:NEP) - August 18 at 9:30 AM logo[$$] Hunt Consolidated in Bid to Revive Deal for Energy Future's Oncor (NYSE:NEP) - August 18 at 9:30 AM logoNextEra Energy Partners, LP (NYSE:NEP) Records An Estimated Annual Sales Mean Of $2629 - Investor Newswire (NYSE:NEP) - August 11 at 9:37 AM logoETF’s with exposure to NextEra Energy Partners LP : August 10, 2016 (NYSE:NEP) - August 10 at 6:51 PM logoAvailability of the Unaudited Condensed Consolidated Financial Results for the Six Months Ended 30 June 2016 (NYSE:NEP) - August 10 at 9:30 AM logoSLOMAN NEPTUN Schiffahrts-AG :NEP-DE: Earnings Analysis: For the six months ended December 31, 2015 : August 9, 2016 (NYSE:NEP) - August 9 at 9:37 AM logoNextEra Energy Partners LP breached its 50 day moving average in a Bearish Manner : NEP-US : August 9, 2016 (NYSE:NEP) - August 9 at 9:37 AM logoReuters: FERC alleges NextEra unit manipulated nat gas market (NYSE:NEP) - August 5 at 6:36 PM logoNextEra Energy (NEE) Stock Closed Down, Govt Investigating for Manipulating Market (NYSE:NEP) - August 5 at 6:36 PM logoNEP Added as Top 10 Utility Dividend Stock With 4.37% Yield (NYSE:NEP) - August 4 at 6:46 PM logoNextEra Energy Partners LP :NEP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 4, 2016 (NYSE:NEP) - August 4 at 6:46 PM logo[$$] Energy Future Seeks Court's Approval on Deal With NextEra (NYSE:NEP) - August 4 at 6:46 PM logoRevenue Update on Nextera Energy Partners LP(NYSE:NEP) - Trade Calls (NYSE:NEP) - August 4 at 9:37 AM logoNEXTERA ENERGY PARTNERS, LP Financials (NYSE:NEP) - August 3 at 6:47 PM logoNextEra Energy Inc.: NextEra Energy announces sale of equity units (NYSE:NEP) - August 3 at 9:43 AM logoNextEra Energy Inc.: NextEra Energy to sell equity units (NYSE:NEP) - August 2 at 6:45 PM logoNextEra Energy to sell equity units (NYSE:NEP) - August 2 at 6:44 PM logoNextEra Energy to Extend Its Presence in Texas by Buying Oncor (NYSE:NEP) - August 2 at 6:44 PM logoWith Hawaiian Electric Deal off the Table, What’s Next for NEE? (NYSE:NEP) - August 2 at 6:44 PM
News IconNextEra Energy Partners LP (NEP) Announces $0.33 Dividend (NYSE:NEP) - August 1 at 6:11 PM logoEx-Dividend Reminder: Starbucks, KB Home and NextEra Energy Partners - Forbes (NYSE:NEP) - July 30 at 5:48 PM logoNextEra Energy Inc.: NextEra Energy Resources agrees to sell Pennsylvania gas generating assets to Starwood Energy (NYSE:NEP) - July 30 at 9:16 AM
News IconStarwood Energy to acquire Pennsylvania generating assets (NYSE:NEP) - July 29 at 6:34 PM logoNextEra Energy Resources agrees to sell Pennsylvania gas generating assets to Starwood Energy (NYSE:NEP) - July 29 at 9:26 AM logoAnalyzing NextEra Energy’s Valuation after Its 2Q16 Results (NYSE:NEP) - July 29 at 9:07 AM logoNextEra to buy bankrupt Energy Future Holdings, its Oncor stake (NYSE:NEP) - July 29 at 8:30 AM logoNextEra Energy Partners Will See Excellent Growth Through 2020 (NYSE:NEP) - July 28 at 6:38 PM logoAvondale Partners Cuts Rating On NextEra Energy Partners, LP Com (NEP) (NYSE:NEP) - July 28 at 6:38 PM logoNextEra Energy Beats 2Q16 Earnings Estimates (NYSE:NEP) - July 28 at 4:30 PM logoNextEra Energy’s Strong Performance Continues in 2Q16 (NYSE:NEP) - July 28 at 4:30 PM logoNEXTERA ENERGY PARTNERS, LP Files SEC form 10-Q, Quarterly Report (NYSE:NEP) - July 28 at 3:22 PM logoNextEra Energy (NEE) Beats on Q2 Earnings, Maintains View (NYSE:NEP) - July 27 at 12:08 PM logoNextEra Energy : and NextEra Energy Partners, LP second quarter 2016 release (NYSE:NEP) - July 27 at 9:24 AM logoNextEra Energy Partners LP Reveals 100% Advance In Q2 Bottom Line (NYSE:NEP) - July 27 at 9:24 AM logoNextEra Energy (NEE) Beats on Q2 Earnings, Revenues Miss (NYSE:NEP) - July 27 at 9:00 AM
News IconWealthtrust-arizona buys $707553 stake in Enbridge Energy Partners L.P. (EEP) (NYSE:NEP) - July 26 at 6:43 PM logoNextEra Energy (NEE) Q2 Earnings: Stock to Disappoint? (NYSE:NEP) - July 21 at 8:35 AM logoRisk Factors to Consider in Holding NextEra’s Stock (NYSE:NEP) - July 21 at 6:06 AM logoNextEra’s Valuation Hitting Record Highs Ahead of Its 2Q Earnings (NYSE:NEP) - July 21 at 6:06 AM
News IconStock in Positive Territory for the Quarter: NextEra Energy Partners, LP (NYSE:NEP) - Engelwood Daily (NYSE:NEP) - July 18 at 11:47 AM logoNextEra Energy Partners, LP Realized Volatility Hits Extremely Low Level - CML News (NYSE:NEP) - July 17 at 10:40 AM
News IconBeach Investment Counsel INC Decreased Stake in Next Era Energy Partners (NYSE:NEP) by $6.14 Million as Shares ... - Consumer Eagle (NYSE:NEP) - July 13 at 6:45 PM logoResults of The Accelerated Book Build, Issue of Equity and Total Voting Rights (NYSE:NEP) - July 13 at 11:18 AM


NextEra Energy Partners LP (NYSE:NEP) Chart for Saturday, August, 27, 2016

Last Updated on 8/27/2016 by Staff