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NextEra Energy Partners: I'm Getting A 13% Yield On My Last Buy
I am buying this highly oversold company offering double-digit growing yields. NextEra Energy Partners, LP was overbought, and now it's oversold – making it a prime time to add more to your portfolio. The dividend is tax-deferred income, making it essentially tax-free in the present.

3 Energy Stocks to Buy Hand Over Fist in December
Solar energy stocks have been crushed in 2023, but higher utility rates and falling costs should be tailwinds in 2024. Higher rates are also hurting asset owners, but NextEra Energy Partners has a lot of flexibility to keep payouts high.

Why NextEra Energy Partners Slumped Another 13% in November
NextEra Energy Partners continues to fall on concerns about its funding. Investors remain worried it might need to cut its dividend.

Why NextEra Energy and NextEra Energy Partners Are Both Charging Higher Today
NextEra Energy Partners, an affiliate of the utility company, has priced a key offering designed to refinance debt coming due in 2024. The interest expense is going up, but the market is glad for the clarity on how much.

NextEra Energy Partners Looks Oversold
NextEra Energy Partners stock has declined by 70% in the past year due to overvaluation, higher interest rates, and high leverage. Disinformation about the dividend and the impact of convertible equity portfolio financing (CEPF) have also contributed to the stock's decline. NEP has plans to combat these challenges by repowering old wind turbines and selling assets to address CEPFs, indicating a commitment to maintaining dividend growth.

You Don't Have to Pick a Winner in Clean Energy. Here's Why.
Building a diverse portfolio in clean energy can be done with an ETF, but owning a high-quality basket of individual stocks offers more control for investors. The best place to start is with the industry leaders in manufacturing, installation, and asset ownership.

Buy Alert For These 6-15% Yields: Little-Known Indicator Is Very Bullish
A seldom-referenced - but highly compelling - indicator is flashing a very bullish signal for defensive high-yield stocks. We look at this indicator more closely and explain why we think that high-yield stocks offer a very attractive risk reward in the current environment. We also share some of our top picks of the moment that offer well-covered 6-15% and growing dividend yields.

NextEra Energy Partners: Investors Are Too Fearful Of This 15% Yield
NextEra Energy Partners has a sustainable 15% dividend yield despite concerns of a potential distribution cut. The company focuses on alternative energy projects and is well-positioned to benefit from the ongoing drive to decarbonize the US industry. Financials show a healthy uptrend, with strong EBITDA and cash flow growth, indicating a low payout ratio and solid distribution coverage.

These 2 Stocks Carry a Lot of Risk, But Their Upside Is Huge
Medical Properties Trust trades at a steep discount to the value of its hospital properties. NextEra Energy has a plan to continue growing its big-time dividend, albeit at a much slower pace.

Prediction: 3 Stocks That Could Trounce the Market
NextEra Energy Partners could produce powerful total returns if its plan works. Brookfield Infrastructure is growing briskly.
NEP Financial details
NEP Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 14.04 | 14.54 | 13.5 | 12.72 | 15.81 | |
Net income per share | 3.5 | -6.87 | -3.51 | 5.49 | 14.63 | |
Operating cash flow per share | 6.59 | 5.88 | 9.79 | 8.77 | 10.13 | |
Free cash flow per share | 6.14 | 4.3 | 4.87 | 7.31 | 7.65 | |
Cash per share | 2.68 | 2.18 | 1.59 | 1.9 | 3.07 | |
Book value per share | -0.11 | -0.14 | -0.12 | -0.1 | -0.09 | |
Tangible book value per share | 67.27 | 71 | 72.4 | 96.74 | 148.33 | |
Share holders equity per share | -0.11 | -0.14 | -0.12 | -0.1 | -0.09 | |
Interest debt per share | 67.09 | 82.41 | 59.03 | 69.61 | 80.17 | |
Market cap | 2.36B | 3.1B | 4.55B | 6.52B | 5.37B | |
Enterprise value | 5.65B | 7.11B | 7.83B | 11.7B | 10.42B | |
P/E ratio | 12.31 | -7.66 | -19.13 | 15.37 | 4.79 | |
Price to sales ratio | 3.07 | 3.62 | 4.96 | 6.64 | 4.43 | |
POCF ratio | 6.53 | 8.95 | 6.85 | 9.62 | 6.92 | |
PFCF ratio | 7.01 | 12.24 | 13.75 | 11.55 | 9.16 | |
P/B Ratio | -393.91 | -386.98 | -569.1 | -814.46 | -766.98 | |
PTB ratio | -393.91 | -386.98 | -569.1 | -814.46 | -766.98 | |
EV to sales | 7.33 | 8.32 | 8.54 | 11.91 | 8.61 | |
Enterprise value over EBITDA | 9.9 | 11.79 | 10.63 | 18.3 | 14.93 | |
EV to operating cash flow | 15.61 | 20.55 | 11.78 | 17.28 | 13.43 | |
EV to free cash flow | 16.77 | 28.11 | 23.66 | 20.74 | 17.78 | |
Earnings yield | 0.08 | -0.13 | -0.05 | 0.07 | 0.21 | |
Free cash flow yield | 0.14 | 0.08 | 0.07 | 0.09 | 0.11 | |
Debt to equity | -572.5 | -518 | -423.5 | -665.88 | -755.43 | |
Debt to assets | 0.37 | 0.34 | 0.27 | 0.28 | 0.23 | |
Net debt to EBITDA | 5.76 | 6.66 | 4.45 | 8.11 | 7.24 | |
Current ratio | 0.4 | 1.44 | 1.18 | 1.12 | 1.4 | |
Interest coverage | 1.79 | 0.33 | 0.59 | 4.98 | 0.15 | |
Income quality | 1.36 | -0.86 | -2.79 | 1.6 | 0.69 | |
Dividend Yield | 0.13 | 0.12 | 0.1 | 0.1 | 0.12 | |
Payout ratio | 1.58 | -0.95 | -1.89 | 1.46 | 0.57 | |
Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.2 | 0.24 | 0.22 | 0.19 | 0.15 | |
Capex to operating cash flow | -0.07 | -0.27 | -0.5 | -0.17 | -0.24 | |
Capex to revenue | -0.03 | -0.11 | -0.36 | -0.12 | -0.16 | |
Capex to depreciation | -0.12 | -0.28 | -0.89 | -0.28 | -0.33 | |
Stock based compensation to revenue | -0.12 | 0.53 | 0.59 | -0.19 | 0 | |
Graham number | 2.93 | 4.59 | 3.05 | 3.58 | 5.49 | |
ROIC | 0.13 | 0.05 | 0.1 | 0.04 | 0.02 | |
Return on tangible assets | 0.03 | -0.04 | -0.02 | 0.03 | 0.06 | |
Graham Net | -65.66 | -82.66 | -66.8 | -87.1 | -91.68 | |
Working capital | -519M | 132M | 64M | 149M | 535M | |
Tangible asset value | 3.69B | 4.18B | 4.92B | 7.47B | 11.36B | |
Net current asset value | -3.53B | -4.76B | -4.44B | -6.38B | -6.4B | |
Invested capital | -572.5 | -518 | -423.5 | -665.88 | -755.43 | |
Average receivables | 160.5M | 208.5M | 267.5M | 731.5M | 1.25B | |
Average payables | 18M | 66M | 132.5M | 562.5M | 925M | |
Average inventory | 14.5M | 4M | 12M | 32.5M | 46M | |
Days sales outstanding | 70.06 | 114.84 | 105.88 | 444.91 | 394.54 | |
Days payables outstanding | 14.2 | 132.53 | 143.79 | 855.44 | 554.85 | |
Days of inventory on hand | 11.36 | 0 | 24.13 | 35.72 | 32.6 | |
Receivables turnover | 5.21 | 3.18 | 3.45 | 0.82 | 0.93 | |
Payables turnover | 25.7 | 2.75 | 2.54 | 0.43 | 0.66 | |
Inventory turnover | 32.13 | 0 | 15.13 | 10.22 | 11.2 | |
ROE | -32 | 50.5 | 29.75 | -53 | -160.14 | |
Capex per share | -0.46 | -1.58 | -4.92 | -1.46 | -2.48 |
Quarterly Fundamentals Overview
Last date of statement is 2023-09-30 for Q3
Metric | History | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 3.55 | 3.08 | 3.45 | 3.79 | 3.93 | |
Net income per share | 2.73 | 0.21 | -1.73 | 0.96 | 0.57 | |
Operating cash flow per share | 2.37 | 1.91 | 0.94 | 2.32 | 2.74 | |
Free cash flow per share | 2.37 | 0.44 | 0.42 | 1.99 | 1.83 | |
Cash per share | 2.64 | 2.72 | 2.73 | 6.36 | 3.55 | |
Book value per share | -0.09 | -0.08 | -0.08 | 157.4 | 154.28 | |
Tangible book value per share | 107.02 | 131.35 | 128.27 | 120.82 | 117.28 | |
Share holders equity per share | -0.09 | -0.08 | -0.08 | 157.4 | 154.28 | |
Interest debt per share | 58.35 | 60.77 | 63.63 | 70.49 | 69.57 | |
Market cap | 6.15B | 6.06B | 5.3B | 5.41B | 2.77B | |
Enterprise value | 10.74B | 11.12B | 10.41B | 11.32B | 8.92B | |
P/E ratio | 6.63 | 84.21 | -8.78 | 15.2 | 13.08 | |
Price to sales ratio | 20.38 | 22.79 | 17.62 | 15.46 | 7.56 | |
POCF ratio | 30.46 | 36.74 | 64.68 | 25.29 | 10.84 | |
PFCF ratio | 30.46 | 159.55 | 143.34 | 29.42 | 16.22 | |
P/B Ratio | -769.2 | -866.11 | -757.64 | 0.37 | 0.19 | |
PTB ratio | -769.2 | -866.11 | -757.64 | 0.37 | 0.19 | |
EV to sales | 35.56 | 41.79 | 34.59 | 32.33 | 24.31 | |
Enterprise value over EBITDA | 62.8 | 69.47 | 58.82 | 40.71 | 37.33 | |
EV to operating cash flow | 53.17 | 67.37 | 126.96 | 52.88 | 34.86 | |
EV to free cash flow | 53.17 | 292.52 | 281.36 | 61.5 | 52.18 | |
Earnings yield | 0.04 | 0 | -0.03 | 0.02 | 0.02 | |
Free cash flow yield | 0.03 | 0.01 | 0.01 | 0.03 | 0.06 | |
Debt to equity | -601.38 | -755.43 | -763.57 | 0.45 | 0.45 | |
Debt to assets | 0.26 | 0.23 | 0.24 | 0.28 | 0.28 | |
Net debt to EBITDA | 26.82 | 31.58 | 28.85 | 21.24 | 25.73 | |
Current ratio | 1.91 | 1.4 | 1.39 | 1.22 | 0.61 | |
Interest coverage | 0.21 | -0.35 | 0.12 | 8.2 | 4.29 | |
Income quality | 0.87 | 9.17 | -0.54 | 2.4 | 1.94 | |
Dividend Yield | 0.03 | 0.03 | 0.03 | 0.03 | 0.07 | |
Payout ratio | 0.78 | 9.33 | -1.12 | 2.01 | 3.89 | |
Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.19 | 0.15 | 0.15 | 0.15 | 0.15 | |
Capex to operating cash flow | 0 | -0.77 | -0.55 | -0.14 | -0.33 | |
Capex to revenue | 0 | -0.48 | -0.15 | -0.09 | -0.23 | |
Capex to depreciation | 0 | -0.85 | -0.3 | -0.19 | -0.51 | |
Stock based compensation to revenue | 0 | 0 | 0 | 0.13 | -0.31 | |
Graham number | 2.4 | 0.62 | 1.77 | 58.44 | 44.38 | |
ROIC | 0.01 | 0 | 0 | 0 | 0 | |
Return on tangible assets | 0.02 | 0 | -0.01 | 0 | 0 | |
Graham Net | -62.76 | -81.19 | -81.36 | -84.97 | -85.99 | |
Working capital | 380M | 535M | 382M | 263M | -718M | |
Tangible asset value | 9.11B | 11.36B | 11.2B | 11.15B | 10.95B | |
Net current asset value | -5.08B | -6.4B | -6.7B | -7.49B | -7.68B | |
Invested capital | -601.38 | -755.43 | -763.57 | 0.45 | 0.45 | |
Average receivables | 714M | 847M | 1.12B | 777M | 579M | |
Average payables | 270.5M | 523.5M | 821M | 603M | 356M | |
Average inventory | 45.5M | 48.5M | 55M | 65M | 74.5M | |
Days sales outstanding | 114.74 | 442.89 | 278.07 | 160.46 | 130.95 | |
Days payables outstanding | 105.29 | 507.27 | 452.34 | 296.79 | 196.88 | |
Days of inventory on hand | 27.06 | 29.81 | 34.48 | 48.78 | 54.84 | |
Receivables turnover | 0.78 | 0.2 | 0.32 | 0.56 | 0.69 | |
Payables turnover | 0.85 | 0.18 | 0.2 | 0.3 | 0.46 | |
Inventory turnover | 3.33 | 3.02 | 2.61 | 1.85 | 1.64 | |
ROE | -29 | -2.57 | 21.57 | 0.01 | 0 | |
Capex per share | 0 | -1.47 | -0.52 | -0.33 | -0.91 |
NEP Frequently Asked Questions
What is NextEra Energy Partners, LP stock symbol ?
NextEra Energy Partners, LP is a US stock , located in Juno beach of Fl and trading under the symbol NEP
Is NextEra Energy Partners, LP buy or a sell ?
8 stock analysts have 8 predictions with a medium analyst target price of $79.63. The lowest prediction is $50 and the highest is $95
What is NEP stock prediction ?
With a median analyst target price of $50, 1 stock analysts have made 1 forecasts in last 90 days. $50 is the lowest and $50 is the greatest projection.
What is NextEra Energy Partners, LP stock quote today ?
NextEra Energy Partners, LP stock price is $25.99 today.
Is NextEra Energy Partners, LP stock public?
Yes, NextEra Energy Partners, LP is a publicly traded company.