NextEra Energy

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, as well as natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NextEra Energy excels in 2022, reaffirms growth expectations for renewables

NextEra Energy and NextEra Energy Partners delivered strong financial performance in 2022, driven by renewables growth and customer-focused strategies.
Despite challenges like under-recovered costs, the companies showcased resilience through proactive debt management and strong cash flow growth.
Reaffirmed expectations for top-end results and sustained growth in LP distributions signal confidence in future prospects.
Optimism for growth in renewables and clean energy solutions, coupled with robust financing capacity, position NextEra Energy for continued success.

NextEra Energy (NEP) excels in Q1 2023, eyes green hydrogen growth

NextEra Energy (NEP) delivered strong performance in Q1 2023, focusing on renewables and customer affordability. The company remains optimistic about green hydrogen projects and growth visibility. Challenges include awaiting clarity on hydrogen acceleration and balancing dilution with acquisitions.

NextEra Energy reports robust Q2 earnings amidst renewable energy optimism

NextEra Energy demonstrated strong financial performance and growth in Q2 2023, driven by its subsidiaries' solid execution and strategic focus on renewables.
Despite challenges from supply chain issues and global capacity dynamics, the company remains optimistic about its future prospects and competitive position.
Opportunities in pricing, regulatory clarity, and cost efficiencies present avenues for NextEra Energy to capitalize on its strengths and drive continued success.

NextEra Energy Reports Strong 2023 Performance Amid Share Price Disappointment

NextEra Energy delivered strong financial performance but faced challenges. The company remains focused on long-term value creation, with optimism about opportunities in the renewable energy market.

NextEra Energy (NEP) posts robust Q1 earnings, eyes market expansion

NextEra Energy (NEP) reported strong financial performance with growth in adjusted earnings per share and successful additions in solar and renewables capacity.
The company's strategic strengths lie in scale advantages, technology investments, and partnerships, positioning it well for future growth in the energy market.
Challenges include balancing technology mix impact, ramping up renewable generation, and managing regulatory risks related to solar panel trade actions.
Opportunities abound in the expanding renewables and storage market, data center demand growth, and delivering value to investors through attractive returns.

NextEra Energy excels in Q2, eyes growth amid recovery challenges

NextEra Energy and its subsidiaries demonstrated solid financial performance and strategic growth initiatives in Q2 2024. While facing challenges in seeking recovery of increased expenditures, the company is well-positioned to capitalize on opportunities for further expansion and value creation.

NextEra Energy reports 10% earnings growth, secures major renewables deals

NextEra Energy's Q3 2024 earnings call showcased strong financial performance, growth in backlog, and strategic partnerships for future renewables projects. While challenges exist in nuclear and gas power limitations and weather-related disruptions, opportunities in renewables, job creation, and economic impact present promising avenues for growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

NextEra Energy Partners continues to fall on concerns about its funding. Investors remain worried it might need to cut its dividend.

Why NextEra Energy Partners Slumped Another 13% in November

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.

Why NextEra Energy and NextEra Energy Partners Are Both Charging Higher Today

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.

NextEra Energy Partners Looks Oversold

Atlantica Sustainable Infrastructure

Brookfield Renewable Partners

Orsted AS

Renewable energy producers are facing pressure due to increasing interest rates worldwide. The impact of interest rates on each company will vary depending on their debt management and contract structures.

Thoughts On Atlantica Sustainable Infrastructure, Brookfield Renewable, And The Sector In General

JUNO BEACH, Fla. , Dec. 4, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced the pricing of the previously announced private offering of $750 million of 7.25% senior unsecured notes due 2029 (the "notes") to be issued by its direct subsidiary, NextEra Energy Operating Partners, LP ("NEP OpCo").

NextEra Energy Partners, LP announces the pricing of $750 million of 7.25% senior unsecured notes due 2029

JUNO BEACH, Fla. , Dec. 4, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced a private offering of $750 million in aggregate principal amount of senior unsecured notes due 2029 (the "notes") by its direct subsidiary, NextEra Energy Operating Partners, LP ("NEP OpCo"), subject to market and other conditions.

NextEra Energy Partners, LP announces the offering of $750 million in aggregate principal amount of senior unsecured notes

Enphase Energy

First Solar

Hannon Armstrong Sustainable Infrastructure Capital

Sunrun

SunPower

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.

You Don't Have to Pick a Winner in Clean Energy. Here's Why.

Cognex

The underlying appeal of using machine vision isn't going away. Likewise, the demand for renewable energy should continue to grow.

2 Stocks Down More Than 60% to Buy Right Now

Brookfield Asset Management

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

Brookfield Corp

Kinder Morgan

Realty Income Corp

Vanguard Real Estate ETF

Vanguard S&P 500 ETF

Utilities Select Sector SPDR Fund

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.

Buy Alert For These 6-15% Yields: Little-Known Indicator Is Very Bullish

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.

NextEra Energy Partners: Investors Are Too Fearful Of This 15% Yield

JUNO BEACH, Fla. , Nov. 28, 2023 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that members of the senior management team will participate in various investor meetings throughout November and December.

NextEra Energy and NextEra Energy Partners to meet with investors throughout the end of November and December and participate in the BofA Securities 2023 Renewables Conference

Enbridge

Enbridge is getting ready to get more boring in 2024, cementing its long-term growth plans. Brookfield Renewable's recent shopping spree puts it in a strong position to grow shareholder value in 2024 and beyond.

3 Energy Stocks That Could Make You Richer in 2024 and Beyond

Agree Realty

American Electric Power Company

Alexandria Real Estate Equities

Clearway Energy

iShares Global Clean Energy ETF

Mid-America Apartment Communities

Roundhill Magnificent Seven ETF

Global X Renewable Energy Producers ETF

Simon Property Group

SPDR S&P 500 ETF Trust

TotalEnergies SE

Cash levels in money market funds have surged over the past year despite the S&P 500's strong performance, indicating investors' conservative approach. As interest rates decrease, rate-sensitive sectors such as real estate, utilities, and renewable energy should enjoy a relief rally. Now is the time to deploy investable cash into dividend stocks in these rate-sensitive sectors, as they are likely to produce rising income streams while money markets see falling payouts.

Now Is The Time To Deploy Your Cash

NextEra Energy Partners is a leader in renewable power, with a strong business model and a substantial project pipeline. Despite recent stock pressure, NEP is undervalued compared to peers and its historical performance, presenting a buying opportunity. NEP's strategic shift towards 100% sustainable energy and recent project acquisitions support its long-term growth potential.

NextEra Energy Partners: Long-Term Growth Potential Likely

JUNO BEACH, Fla. , Nov. 20, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it anticipates that the resale registration statement on Form S-3, previously filed by NextEra Energy Partners with the Securities and Exchange Commission (the "Commission") on Nov. 13, 2023 (the "resale registration statement"), will be declared effective by the Commission on or about Dec. 12, 2023.

NextEra Energy Partners, LP announces anticipated effective date of resale registration statement with respect to common units issuable upon conversion of 2.50% convertible senior notes due 2026

If you're considering which solar stocks to sell, look no further. The solar sector has had a dismal year.

Solar Slump: 3 Stocks to Sell Before the Sun Sets on 2023

Hawaiian Electric Industries

October's inflation data came in lower than expected. That could pave the way for lower interest rates.

Why NextEra Energy, NextEra Partners, Hawaii Electric, and Brookfield Renewable Rose Today

Important inflation data is due out tomorrow, and investors are worried about what they're going to hear. NextEra Energy Partners needs to refinance over $2 billion in debt in the next two years, so the risk of rising rates is very high for the company.

Why NextEra Energy Partners Stock Dropped 5.4% Today

NEP's dividend yield sits materially above its peers with the market pricing in a near-term distribution cut. This will come on the back of lowered expectations of 6% distribution per unit growth through 2026. Near-term CPI prints will be the most material factor driving a recovery of the units as cuts to the Fed funds rate in 2024 will drastically improve NEP's outlook.

NextEra Energy Partners: A Fat 14.7% Yield In Front Of A Steamroller?

JUNO BEACH, Fla. , Nov. 12, 2023 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that members of the senior management team will participate in the EEI Financial Conference from Sunday, Nov. 12, 2023, through Tuesday, Nov. 14, 2023, and participate in various investor meetings throughout November and December.

NextEra Energy and NextEra Energy Partners to participate in EEI Financial Conference and meet with investors throughout November and December

The cleaning up of the balance sheet has begun.

Will Investors in This High-Yield Stock Regret Its Latest Move?

Maxeon Solar Technologies

Rising interest rates could be a headwind for the solar industry over the next year. Analysts still don't believe in the financing options for the solar industry.

Why Solar Energy Stocks Dropped Like a Rock This Week

SolarEdge Technologies

Renewable energy stocks have been crushed in 2023 as investors worry about the effect of interest rates on earnings. Despite the worry, the long-term future of the industry is strong and utility rates are rising, which should be favorable for renewable energy demand.

4 Energy Stocks That Are Screaming Buys in November

The deal will enable NextEra Energy Partners to pay off some financing that has been weighing it down. The highly strategic acquisition will boost Kinder Morgan's cash flow.

These High-Yield Stocks Are Making a Win-Win Deal to Enhance Their Dividends

NextEra sold off one of its natural gas pipeline assets. It also reiterated guidance for dividend growth.

News for NextEra Energy Stock (NEP)