NEP | NextEra Energy Partners, LP Stock Overview

(Stock Exchange: NYSE)

Day's Range	25.21 - 25.79
52 Week Range	20.17 - 51.04
Beta	1.15
Implied Volatility	49.52%
IV Rank	17.86%
Day's Volume	891,174
Average Volume	1,400,401
Shares Outstanding	93,539,300
Market Cap	2,411,443,154
Sector	Utilities
Industry	Renewable Utilities
IPO Date	2014-06-27

Valuation
Profitability
Growth
Health
P/E Ratio	16.74
Forward P/E Ratio	41.91
EPS	1.54
1YR Price Target	85.50
Dividend Yield	14.30%
Dividend Per Share	3.69
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 significantly undervalued, Profitability is poor, Growth is very good and Health is very weak. 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, but short-term trend is bullish. More technicals details can be found on NEP Technicals page.