Streetbeat News

NEP

NextEra Energy Partners, LP

https://www.investor.nexteraenergypartners.com

Industry

Renewable Utilities

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.

Open

18.50

Mkt cap

1.7B

Volume

2.3M

High

18.65

P/E Ratio

29.94

52-wk high

35.15

Low

18.04

Div yield

0.20

52-wk low

17.94

Mizuho analyst Anthony Crowdell maintains a Neutral rating on NextEra Energy Partners (NYSE:NEP) and lowers the price target from $33 to $26.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:48 pm

Barclays analyst Brandon Oglenski maintains an Underweight rating on NextEra Energy Partners (NYSE:NEP) with a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:07 pm

Exane BNP Paribas has initiated coverage on NextEra Energy Partners (NYSE:NEP) with an Underperform rating and set a price target of $15.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 5:51 pm

UBS analyst William Grippin has maintained a Neutral rating on NextEra Energy Partners (NYSE:NEP) while lowering the price target from $28 to $27.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:16 pm

Jefferies has initiated coverage on NextEra Energy Partners with a Buy rating and set a price target of $28.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:01 pm

Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He praised KKR & Co. Inc. for its management and recent acquisition of logistics properties. Datadog reported strong financial results but Cramer remains cautious. NextEra Energy Partners also posted strong earnings but Cramer is wary of its dividend.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:14 pm

NextEra Energy Partners LP has filed for a mixed shelf offering with the SEC, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 8:24 pm

Morgan Stanley has downgraded NextEra Energy Partners (NYSE:NEP) from Equal-Weight to Underweight and lowered the price target from $31 to $20.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:34 am

Wolfe Research analyst Steve Fleishman has downgraded NextEra Energy Partners (NYSE:NEP) from Outperform to Peer Perform.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:23 pm

NextEra Energy Partners (NYSE:NEP) reported Q2 2024 earnings per share (EPS) of $0.66, significantly beating the analyst estimate of $0.28. The company also reported sales of $360 million, surpassing the estimate of $357.659 million. Both EPS and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:37 am

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