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NextEra Energy Partners, LP (NEP)

NYSE Utilities Renewable Utilities
$10.54 ▲ +0.96%
Market Cap
$985.9M
Sector
Utilities
Industry
Renewable Utilities
Beta
1.07
52-Wk Range
8.42-35.15
CEO
John W. Ketchum
Country
US
Currency
USD

NextEra Energy Partners, LP operates in the Renewable Utilities industry of the Utilities sector, headquartered in Juno Beach, FL, US. The stock last traded at $10.54, up 0.96% on the session, giving a market capitalisation of $985.9M. On trailing twelve-month figures it carries a trailing P/E of 4.83, a net margin of 18.6%. Its beta of 1.07 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
4.83
Price / Sales
0.91
Price / Book
0.27
EV / EBITDA
10.79
Gross margin
51.8%
Operating margin
-0.7%
Net margin
18.6%
Return on equity
—
Debt / equity
1.77
Current ratio
1.33
Dividend yield
34.1%
Payout ratio
370.5%
Company profile
Exchange
New York Stock Exchange
Employees
—
IPO date
2014-06-27
Headquarters
Juno Beach, FL, US
About NextEra Energy Partners, LP

NextEra Energy Partners, LP (NEP) specializes in the development, ownership, and management of sustainable energy infrastructure located throughout the United States, all operating under long-term agreements. The company's diverse portfolio primarily encompasses contracted wind and solar power generation facilities, along with similarly contracted natural gas pipeline assets. Established in 2014, NextEra Energy Partners, LP maintains its headquarters in Juno Beach, Florida.

Comparable companies

NextEra Energy Partners, LP is most often compared with the following Utilities names:

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