NEP | NextEra Energy Partners, LP Stock Overview

(Stock Exchange: NYSE)

Day's Range	18.93 - 19.85
52 Week Range	15.55 - 35.15
Beta	1.11
Implied Volatility	51.44%
IV Rank	71.03%
Day's Volume	791,271
Average Volume	1,949,134
Shares Outstanding	93,534,200
Market Cap	1,775,681,313
Sector	Utilities
Industry	Renewable Utilities
IPO Date	2014-06-27

Valuation
Profitability
Growth
Health
P/E Ratio	31.12
Forward P/E Ratio	41.91
EPS	0.61
1YR Price Target	85.50
Dividend Yield	21.01%
Dividend Per Share	3.99
Dividend ExDate	2023-02-03
Dividend PayDate	2023-02-14
Employees	0
Country	USA
Website	NEP

NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.

NEP's peers: AQN, AY, BEP, BEPC, CEG, CWEN, CWEN-A, ELLO, AQNU, DNNGY, ORA, EE

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Analyzing fundamentals for NEP we got that it has average fundamentals where Valuation is considered to be undervalued, Profitability is very poor, Growth is on medium level and Health is passable. For more detailed analysis please see NEP Fundamentals page.

Watching at NEP technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, as well as bearish short-term trend. More technicals details can be found on NEP Technicals page.