Nextera Energy Partners Stock Today

NEP Stock  USD 16.43  0.55  3.24%   

Performance

0 of 100

 
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Odds Of Distress

Less than 45

 
High
 
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Below Average
Nextera Energy is selling at 16.43 as of the 17th of November 2024; that is 3.24% down since the beginning of the trading day. The stock's last reported lowest price was 16.23. Nextera Energy has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Note, on May 31, 2023, Representative Maria Elvira Salazar of US Congress acquired under $15k worth of Nextera Energy Partners's common stock.
Business Domain
Utilities
IPO Date
27th of June 2014
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida. Nextera Energy is traded on New York Stock Exchange in the United States.. The company has 93.53 M outstanding shares of which 5.25 M shares are now shorted by investors with about 2.46 days to cover. More on Nextera Energy Partners

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Nextera Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn Ketchum
Old Names[Neptune-Calculus Income & Growth VCT PLC, SLOMAN NEPTUN SCHIF, SLOMAN NEPTUN SCHIF - Frankfurt Stock Exchang]
Business ConcentrationIndependent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, Stock Exchange Of, SET Total Return, Energy, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.07830.0479
Way Up
Pretty Stable
Gross Profit Margin0.750.5176
Way Up
Slightly volatile
Net Debt3.9 BB
Way Down
Slightly volatile
Total Current Liabilities1.8 B1.7 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.8 B6.8 B
Way Down
Slightly volatile
Total Assets11.7 B22.5 B
Way Down
Slightly volatile
Total Current Assets2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities441.4 M731 M
Way Down
Slightly volatile
Debt Levels
Nextera Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nextera Energy's financial leverage. It provides some insight into what part of Nextera Energy's total assets is financed by creditors.
Liquidity
Nextera Energy Partners has 6.29 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Nextera Energy Partners has a current ratio of 1.31, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Nextera to invest in growth at high rates of return.

Other Non Cash Items

446.25 Million
Nextera Energy Partners (NEP) is traded on New York Stock Exchange in USA. It is located in 700 Universe Boulevard, Juno Beach, FL, United States, 33408 and employs 19 people. Nextera Energy is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.54 B. Nextera Energy Partners runs under Independent Power and Renewable Electricity Producers sector within Utilities industry. The entity has 93.53 M outstanding shares of which 5.25 M shares are now shorted by investors with about 2.46 days to cover. Nextera Energy Partners has about 235 M in cash with 731 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.44.
Check Nextera Energy Probability Of Bankruptcy
Ownership Allocation
Nextera Energy Partners maintains a total of 93.53 Million outstanding shares. Over half of Nextera Energy's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that on May 31, 2023, Representative Maria Elvira Salazar of US Congress acquired under $15k worth of Nextera Energy Partners's common stock.
Check Nextera Ownership Details

Nextera Stock Institutional Holders

InstituionRecorded OnShares
First Manhattan Co. Llc2024-06-30
927.1 K
Jpmorgan Chase & Co2024-06-30
863 K
Abrdn Plc2024-09-30
850.2 K
Redwood Grove Capital, Llc2024-06-30
820.8 K
D. E. Shaw & Co Lp2024-06-30
800 K
Bank Of America Corp2024-06-30
696.3 K
Vanguard Group Inc2024-06-30
646 K
Rockefeller Capital Management L.p.2024-06-30
583.9 K
Advisors Capital Management, Llc2024-06-30
565.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
8.2 M
Blackrock Inc2024-06-30
7.1 M
View Nextera Energy Diagnostics

Nextera Energy Historical Income Statement

At this time, Nextera Energy's Depreciation And Amortization is relatively stable compared to the past year. As of 11/17/2024, Net Income Applicable To Common Shares is likely to grow to about 576 M, while Gross Profit is likely to drop slightly above 478.5 M. View More Fundamentals

Nextera Stock Against Markets

Nextera Energy Corporate Directors

Charles SievingGeneral Counsel of Nextera Energy Partners GP Inc and Director of Nextera Energy Partners GP IncProfile
Robert ByrneIndependent Director - Nominee of General PartnerProfile
Rebecca KujawaChief Financial Officer, Principal Financial Officer and DirectorProfile
Brian BolsterCFO DirectorProfile

Additional Tools for Nextera Stock Analysis

When running Nextera Energy's price analysis, check to measure Nextera Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.