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: $28.21
  • 50 Day Moving Average: $29.83
  • 200 Day Moving Average: $28.91
  • 52-Week Range: $19.34 - $32.42
  • Trailing P/E Ratio: 47.89
  • Foreward P/E Ratio: 17.63
  • P/E Growth: 0.58
  • Market Cap: $1.19B
  • Outstanding Shares: 42,274,000
  • Beta: 1.33
Profitability:
  • Net Margins: 3.28%
  • Return on Equity: 1.12%
  • Return on Assets: 0.32%
Debt:
  • Debt-to-Equity Ratio: 1.98%
  • Current Ratio: 0.80%
  • Quick Ratio: 0.80%
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: $31.22 (10.68% upside)

Analysts' Ratings History for NextEra Energy Partners LP (NYSE:NEP)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Barclays PLCReiterated RatingBuy$34.00View Rating Details
9/8/2016Oppenheimer Holdings Inc.Initiated CoverageOutperform$34.00View Rating Details
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
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
(Data available from 9/28/2014 forward)

Earnings

Earnings History for NextEra Energy Partners LP (NYSE:NEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
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)

Estimates

Earnings Estimates for NextEra Energy Partners LP (NYSE:NEP)
Current Year EPS Consensus Estimate: $1.05 EPS
Next Year EPS Consensus Estimate: $1.60 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.37$0.37$0.37
Q2 20161$0.35$0.35$0.35
Q3 20161$0.20$0.20$0.20
Q4 20161$0.31$0.31$0.31
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for NextEra Energy Partners LP (NYSE:NEP)
Annual Dividend:$1.32
Dividend Yield:4.68%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:191.31% (Based on Trailing 12 Months of Earnings)
125.71% (Based on Current Year Consensus EPS Estimate)
82.50% (Based on Next Year Consensus EPS Estimate)

Dividend History for NextEra Energy Partners LP (NYSE:NEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2016quarterly$0.334.24%8/2/20168/4/20168/12/2016
4/28/2016quarterly$0.324.41%5/4/20165/6/20165/13/2016
1/28/2016quarterly$0.314%2/3/20162/5/20162/12/2016
10/28/2015quarterly$0.274.2%11/3/201511/5/201511/13/2015
8/3/2015quarterly$0.242.88%8/7/20158/11/20158/14/2015
4/29/2015quarterly$0.211.94%5/1/20155/5/20155/15/2015
1/27/2015quarterly$0.201.95%2/2/20152/4/20152/13/2015
10/30/2014quarterly$0.1911/3/201411/5/201411/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for NextEra Energy Partners LP (NYSE:NEP)
Institutional Ownership Percentage: 68.24%
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)

Headlines

Latest Headlines for NextEra Energy Partners LP (NYSE:NEP)
DateHeadline
rttnews.com logoNextEra Energy To Participate In Wolfe Research Power& Gas Conference At 12:00PM (NYSE:NEP)
www.rttnews.com - September 27 at 6:13 PM
fool.com logo3 Top Stocks for Low-Risk Investors to Buy Now (NYSE:NEP)
www.fool.com - September 27 at 6:13 PM
marketrealist.com logoInstitutional Investors and Their Holdings in NextEra Energy (NYSE:NEP)
marketrealist.com - September 27 at 10:57 AM
marketrealist.com logoUS Utilities Returned 20% Last Year, and NextEra Tops (NYSE:NEP)
marketrealist.com - September 26 at 6:25 PM
marketrealist.com logoNEE, D, DUK, and SO: Which Utility May Pay the Highest Dividends? (NYSE:NEP)
marketrealist.com - September 26 at 11:03 AM
4-traders.com logoNextera Energy Partners LP : and Partners chairman and chief executive officer to present at the 2016 Wolfe Research Power & Gas Leaders Conference (NYSE:NEP)
www.4-traders.com - September 23 at 5:55 PM
News IconNextEra Energy and NextEra Energy Partners chairman and chief executive officer to present at the 2016 Wolfe Research Power &... (NYSE:NEP)
ih.advfn.com - September 23 at 5:55 PM
marketrealist.com logoHow Higher Interest Rates May Impact NextEra Energy (NYSE:NEP)
marketrealist.com - September 23 at 5:55 PM
thestreet.com logoNextEra Energy (NEE) Stock Slumps, Downgraded at Deutsche Bank (NYSE:NEP)
www.thestreet.com - September 23 at 5:55 PM
finance.yahoo.com logoNextEra Energy and NextEra Energy Partners chairman and chief executive officer to present at the 2016 Wolfe Research Power & Gas Leaders Conference (NYSE:NEP)
finance.yahoo.com - September 23 at 5:55 PM
marketrealist.com logoDid Its Recent Selloff Improve NextEra Energy’s Valuation? (NYSE:NEP)
marketrealist.com - September 23 at 11:01 AM
marketrealist.com logoPutting NextEra Energy’s Revenue Growth under the Microscope (NYSE:NEP)
marketrealist.com - September 23 at 11:01 AM
marketrealist.com logoA Look at NextEra Energy’s Return on Equity (NYSE:NEP)
marketrealist.com - September 23 at 11:01 AM
News IconFY2016 Earnings Forecast for NextEra Energy Partners LP Issued By Gabelli (NEP) - Cosumnes Connection (subscription) (NYSE:NEP)
crcconnection.com - September 22 at 6:02 PM
News IconFY2016 Earnings Forecast for NextEra Energy Partners LP Issued ... - Cosumnes Connection (subscription) (NYSE:NEP)
www.crcconnection.com - September 22 at 6:02 PM
marketrealist.com logoDelving into NextEra’s Technicals for Reasons to Buy (NYSE:NEP)
marketrealist.com - September 22 at 6:02 PM
News IconFY2016 Earnings Forecast for NextEra Energy Partners LP Issued By Gabelli (NEP) (NYSE:NEP)
www.crcconnection.com - September 21 at 10:29 AM
News IconNextEra Energy Partners' (NEP) Buy Rating Reaffirmed at Barclays PLC (NYSE:NEP)
thelakeandeswave.com - September 20 at 11:37 AM
publicnow.com logoU.S. Bankruptcy Court approval for Energy Future Holdings to enter into merger agreements with NextEra Energy represents important next step in overall process toward acquisition of Oncor (NYSE:NEP)
www.publicnow.com - September 19 at 6:22 PM
biz.yahoo.com logoNEXTERA ENERGY PARTNERS, LP Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:NEP)
biz.yahoo.com - September 19 at 6:22 PM
4-traders.com logoNextEra Energy Partners LP : announces offering of common units (NYSE:NEP)
www.4-traders.com - September 17 at 10:49 AM
finance.yahoo.com logoNextEra Energy Unit Finishes Installing 500,000 Solar Panels (NYSE:NEP)
finance.yahoo.com - September 16 at 9:53 AM
investornewswire.com logoExpected For NextEra Energy Partners, LP (NYSE:NEP) Sales Of $2629 - Investor Newswire (NYSE:NEP)
www.investornewswire.com - September 15 at 9:49 AM
News IconEnergy Transfer Partners LP (NYSE:ETP) Analyst Research Summary (NYSE:NEP)
magseriesusa.net - September 14 at 6:28 PM
biz.yahoo.com logoNEXTERA ENERGY PARTNERS, LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:NEP)
biz.yahoo.com - September 14 at 6:28 PM
capitalcube.com logoNextEra Energy Partners LP – Value Analysis (NYSE:NEP) : September 13, 2016 (NYSE:NEP)
www.capitalcube.com - September 14 at 10:38 AM
realistinvestor.com logoResearch Analysts Set NextEra Energy Partners, LP (NYSE:NEP)’s Price Target At $33.222 (NYSE:NEP)
www.realistinvestor.com - September 13 at 11:14 AM
publicnow.com logoElection To Receive Either A Cash Dividend or A Return Of Capital: Finalisation Announcement (NYSE:NEP)
www.publicnow.com - September 13 at 11:14 AM
News IconInvestor's Alert - Bank of New York Mellon Corp (NYSE:BK), Dollar General Corp. (NYSE:DG), Nextera Energy Partners ... - NYSE Journal (press release) (NYSE:NEP)
stockznews.com - September 12 at 10:58 AM
News IconFrontline Trades in Focus- MGT Capital Investments (NYSE:MGT), NextEra Energy Partners (NEP), Seagate ... - Seneca Globe (NYSE:NEP)
www.senecaglobe.com - September 12 at 10:58 AM
News IconEventide Asset Management buys $20709375 stake in Nextera Energy Partners LP (NEP) - National Daily Press (NYSE:NEP)
www.nationaldailypress.com - September 11 at 5:48 PM
prnewswire.com logoNextEra Energy Partners, LP announces pricing of offering of common units - PR Newswire (press release) (NYSE:NEP)
www.prnewswire.com - September 10 at 10:41 AM
News IconNextEra Energy Partners Buys Stake in Solar Energy Project for $218M (NYSE:NEP)
www.power-eng.com - September 9 at 6:02 PM
publicnow.com logoImportant Events To Be Reported: Cancellation of Admission of the Company`s Shares Trading on AIM (NYSE:NEP)
www.publicnow.com - September 9 at 6:02 PM
finance.yahoo.com logoNextEra Energy Partners to Buy Stake in Desert Sunlight (NYSE:NEP)
finance.yahoo.com - September 9 at 11:02 AM
streetinsider.com logoNextEra Energy Partners (NEP) to Take Minority Stake in Desert Sunlight Investment Holdings (NYSE:NEP)
www.streetinsider.com - September 8 at 6:08 PM
finance.yahoo.com logoNextEra Energy Partners, LP announces agreement to acquire indirect 24 percent interest in Desert Sunlight Investment Holdings, LLC (NYSE:NEP)
finance.yahoo.com - September 8 at 6:08 PM
finance.yahoo.com logo4:31 pm NextEra Energy Partners announces agreement to acquire indirect 24% interest in Desert Sunlight Investment Holdings for $218 mln, announces offering of common units (NYSE:NEP)
finance.yahoo.com - September 8 at 6:08 PM
publicnow.com logoNextEra Energy Partners, LP announces offering of common units (NYSE:NEP)
www.publicnow.com - September 8 at 6:08 PM
biz.yahoo.com logoNEXTERA ENERGY PARTNERS, LP Files SEC form 8-K, Other Events (NYSE:NEP)
biz.yahoo.com - September 8 at 6:08 PM
insidermonkey.com logoBillionaire Israel Englander’s Top Picks Dominated By These Utilities Stocks (NYSE:NEP)
www.insidermonkey.com - September 8 at 10:10 AM
News IconAnalyst Projections and Growth Review for NextEra Energy Partners, LP (NYSE:NEP) - Post News (NYSE:NEP)
www.kentuckypostnews.com - September 7 at 9:56 AM
prnewswire.com logoNextEra Energy and NextEra Energy Partners to present at the 2016 Barclays CEO Energy-Power Conference - PR Newswire (press release) (NYSE:NEP)
www.prnewswire.com - September 2 at 6:20 PM
investornewswire.com logoNextEra Energy Partners, LP (NYSE:NEP) Expects To Hit Sales Of $2629 - Investor Newswire (NYSE:NEP)
www.investornewswire.com - September 2 at 6:20 PM
finance.yahoo.com logoNextEra Energy and NextEra Energy Partners to present at the 2016 Barclays CEO Energy-Power Conference (NYSE:NEP)
finance.yahoo.com - September 1 at 6:18 PM
publicnow.com logoAppointment of Alternate Director � Replacement (NYSE:NEP)
www.publicnow.com - August 31 at 11:23 AM
publicnow.com logoNotice to NEPI Shareholders in Respect of an Election to Receive Either a Cash Dividend or a Return of Capital (NYSE:NEP)
www.publicnow.com - August 31 at 11:23 AM
publicnow.com logoCircular to NEPI Shareholders (NYSE:NEP)
www.publicnow.com - August 31 at 11:23 AM
finance.yahoo.com logoNextEra Energy and NextEra Energy Partners to meet with investors during the month of September - Yahoo Finance (NYSE:NEP)
finance.yahoo.com - August 30 at 6:22 PM
publicnow.com logoNextEra Energy announces settlement rate for corporate units issued in September 2013 (NYSE:NEP)
www.publicnow.com - August 30 at 9:44 AM

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NextEra Energy Partners LP (NYSE:NEP) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff