NextEra Energy Partners
About: 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. Renewable energy assets consist of wind, solar, and solar-plus-storage projects and a stand-alone battery storage project, as well as contracted natural gas pipeline assets. Renewable energy sales generate maximum revenue for the company.
0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 13 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
147% more call options, than puts
Call options by funds: $169M | Put options by funds: $68.4M
17% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 87
3% less funds holding
Funds holding: 312 [Q2] → 302 (-10) [Q3]
14.94% less ownership
Funds ownership: 64.24% [Q2] → 49.3% (-14.94%) [Q3]
20% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 50
23% less capital invested
Capital invested by funds: $1.66B [Q2] → $1.27B (-$390M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
25%
downside
Avg. target
$24
30%
upside
High target
$32
71%
upside
13 analyst ratings
5 positive
38%
5 neutral
38%
3 negative
23%
Morgan Stanley Robert Kad 78% 1-year accuracy 7 / 9 met price target | 17%upside $22 | Overweight Upgraded | 2 Dec 2024 |
Seaport Global Angie Storozynski 100% 1-year accuracy 1 / 1 met price target | 25%downside $14 | Sell Maintained | 28 Oct 2024 |
Guggenheim Shahriar Pourreza 85% 1-year accuracy 11 / 13 met price target | 17%upside $22 | Neutral Downgraded | 28 Oct 2024 |
Evercore ISI Group Michael Lonegan 100% 1-year accuracy 2 / 2 met price target | 60%upside $30 | Outperform Maintained | 24 Oct 2024 |
Jefferies Julien Dumoulin-Smith 70% 1-year accuracy 32 / 46 met price target | 44%upside $27 | Buy Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 10 articles about NEP published over the past 30 days
Positive
Zacks Investment Research
2 hours ago
NextEra Energy Partners (NEP) Moves 12.6% Higher: Will This Strength Last?
NextEra Energy Partners (NEP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Positive
Zacks Investment Research
3 days ago
NextEra Energy Partners (NEP) Flat As Market Gains: What You Should Know
NextEra Energy Partners (NEP) concluded the recent trading session at $17.47, signifying no movement from its prior day's close.
Positive
Zacks Investment Research
3 days ago
NEP Stocks Gains 9.2% in a Fortnight: Should You Buy, Sell or Hold?
NextEra Energy Partners will benefit from contributions from its well-spread organic assets and acquired assets.
Positive
Seeking Alpha
4 days ago
Of 36 Dividend Power Dogs, 11 Are Buyable In November
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on high earnings yield and high dividend yield, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for the top ten DiviPower stocks by November 2025, with potential net gains ranging from 55.4% to 108.51%.
Positive
Zacks Investment Research
1 week ago
NextEra Energy Partners, LP (NEP) is Attracting Investor Attention: Here is What You Should Know
NextEra Energy Partners (NEP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Positive
Seeking Alpha
2 weeks ago
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sustainable companies offer dividends exceeding their share prices, signalling potential buy opportunities for investors. Analysts estimate net gains of 17.47% to 69.69% for the top ten sustainable companies by November 2025, based on target prices and dividends.
Positive
Zacks Investment Research
3 weeks ago
NextEra Energy Partners, LP (NEP) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching NextEra Energy Partners (NEP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Positive
Seeking Alpha
3 weeks ago
Dividend Harvesting Portfolio Week 192: $19,200 Allocated, $1,836.34 In Projected Dividends
Despite recent market declines, I remain confident in the Dividend Harvesting Portfolio, focusing on generating recurring income and mitigating downside risk. Big tech's increased CapEx spend is bullish; I continue to allocate capital to Ford, NextEra Energy Partners, and REX AI Equity Premium Income ETF. The portfolio's forward dividend income is now $1,836.34, with a yield of 7.73%, and I project strong growth into 2025.
Negative
Seeking Alpha
4 weeks ago
NextEra Energy Partners Vs. Brookfield Renewable Partners: I Would Go With Brookfield
BEP has limited near-term debt maturities and has taken advantage of favourable refinancing conditions, reducing its exposure to interest rate risks while maintaining growth through strategic investments in renewable energy. While NEP may offer better valuation metrics, its higher financial risks and potential dividend cuts make BEP the more stable and reliable choice for investors seeking growth and lower risk. NEP faces concerns about CEPF payouts beyond 2026 potentially forcing it to lower distributions and redeploy capital.
Positive
Seeking Alpha
1 month ago
NextEra Energy Partners: 19% Yield, Buy Amid Debt Challenges
NextEra Energy Partners faces significant debt challenges in a high interest rate environment, but its 19% forward distribution yield presents a compelling value opportunity. Despite potential yield cuts, the unit price is unlikely to decline significantly further for the time being, making it a Moderate Buy, though it requires careful monitoring. The company's complex structure focuses on owning clean energy assets with stable cash flows from long-term contracts in wind and solar projects.
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