NextEra Energy

NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.

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NextEra Energy excels in 2022, reaffirms growth expectations for renewables

NextEra Energy and NextEra Energy Partners delivered strong financial performance in 2022, driven by renewables growth and customer-focused strategies.
Despite challenges like under-recovered costs, the companies showcased resilience through proactive debt management and strong cash flow growth.
Reaffirmed expectations for top-end results and sustained growth in LP distributions signal confidence in future prospects.
Optimism for growth in renewables and clean energy solutions, coupled with robust financing capacity, position NextEra Energy for continued success.

NextEra Energy (NEP) excels in Q1 2023, eyes green hydrogen growth

NextEra Energy (NEP) delivered strong performance in Q1 2023, focusing on renewables and customer affordability. The company remains optimistic about green hydrogen projects and growth visibility. Challenges include awaiting clarity on hydrogen acceleration and balancing dilution with acquisitions.

NextEra Energy reports robust Q2 earnings amidst renewable energy optimism

NextEra Energy demonstrated strong financial performance and growth in Q2 2023, driven by its subsidiaries' solid execution and strategic focus on renewables.
Despite challenges from supply chain issues and global capacity dynamics, the company remains optimistic about its future prospects and competitive position.
Opportunities in pricing, regulatory clarity, and cost efficiencies present avenues for NextEra Energy to capitalize on its strengths and drive continued success.

NextEra Energy Reports Strong 2023 Performance Amid Share Price Disappointment

NextEra Energy delivered strong financial performance but faced challenges. The company remains focused on long-term value creation, with optimism about opportunities in the renewable energy market.

NextEra Energy (NEP) posts robust Q1 earnings, eyes market expansion

NextEra Energy (NEP) reported strong financial performance with growth in adjusted earnings per share and successful additions in solar and renewables capacity.
The company's strategic strengths lie in scale advantages, technology investments, and partnerships, positioning it well for future growth in the energy market.
Challenges include balancing technology mix impact, ramping up renewable generation, and managing regulatory risks related to solar panel trade actions.
Opportunities abound in the expanding renewables and storage market, data center demand growth, and delivering value to investors through attractive returns.

NextEra Energy excels in Q2, eyes growth amid recovery challenges

NextEra Energy and its subsidiaries demonstrated solid financial performance and strategic growth initiatives in Q2 2024. While facing challenges in seeking recovery of increased expenditures, the company is well-positioned to capitalize on opportunities for further expansion and value creation.

NextEra Energy reports 10% earnings growth, secures major renewables deals

NextEra Energy's Q3 2024 earnings call showcased strong financial performance, growth in backlog, and strategic partnerships for future renewables projects. While challenges exist in nuclear and gas power limitations and weather-related disruptions, opportunities in renewables, job creation, and economic impact present promising avenues for growth.

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NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.

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There are great deals in any market -- and right now the market has sold off some great companies with solid cash flows and very sticky businesses. Higher interest rates will also put pressure on businesses, but three of these stocks have no net debt and are buying back shares.

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NextEra Energy Partners stock has plunged 50% in a week, but it wasn't entirely due to lowered distribution growth targets. The valuation is actually not that cheap when accounting for the noncontrolling interests. With the stock plunging, financing the convertible equity portfolio financing buyouts will likely be very expensive.

NextEra Energy Partners Is A Sell: Evaluating CEPF And Take-Under Risk

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Why NextEra Energy Partners, Medical Properties Trust, and Brandywine Realty Trust Shares Sank Today

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Soaring long-term interest rates have hammered certain sectors, including utilities, REITs, and renewable energy yieldCos. NextEra Energy Partners, LP recently fell 33% after cutting growth guidance in half, citing higher for longer interest rates as the primary cause. NextEra's business model is under the most stress it's ever seen, though analysts expect the dividend to remain safe and it is 66% undervalued, offering 140% upside potential over the next two years.

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A Wells Fargo analyst downgraded NextEra Energy Partners and reduced his price target on the stock from $80 to $33. Rates on U.S. Treasuries rose again Monday.

Why NextEra Energy Partners Stock Plunged by as Much as 18.4% Today

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NextEra Energy Partners' shares dropped 34.9% in two days due to management's announcement of slower growth and lower cash flows. The company aims to become a pure-play renewable energy provider by selling off pipeline assets and focusing on wind and solar projects. Management revised down its growth expectations, targeting a growth rate of 5-8% per annum instead of the previous 12-15% per annum.

NextEra Energy Partners Makes For A Great Prospect Following Its Plunge

Unitholders in NextEra Energy Partners have experienced a massive selloff, with NEP plunging to levels last seen in the COVID lows. The downgrade in valuation is justified as investors reassess NEP's growth prospects and seek other income investment opportunities. NEP's forward distribution yield has risen markedly to 11.6%, causing investors to question if its forward distribution could be slashed.

NextEra Energy Partners: Want To Catch The Falling Knives? Why You Should Be Wary

NextEra Energy Partners LP has revised its growth rate to 5%-8% per year through 2026, down from its previous target of 12%-15%. NEP stock tanked 40% confounding investors at the depth of the reaction. We go over the five stages you should be watching for as this story develops.

NextEra Energy Partners Stock: The 5 Stages Of Grief

NextEra Energy Partners is significantly slowing its dividend growth plan. It will now grow primarily through internally financed organic expansion instead of externally funded acquisitions.

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Diamondback's variable dividend offers even more upside potential from this red-hot oil stock. NextEra Energy Partners generates steady cash flows from its sizable renewable energy portfolio.

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On Wednesday, NextEra cut its guidance for dividend distribution growth. Some high-profile analysts cut their ratings on the stock Thursday.

Why NextEra Energy Partners Stock Plummeted Again Today

NextEra Energy Partners (NEP) decides to reduce its long-term cash distribution per unit rate to increase its financial flexibility and focus on high-yielding growth opportunities.

NextEra Energy Partners (NEP) Cuts Distribution Rate, Units Drop

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NextEra Energy (NEE) was the worst-performing stock in the S&P 500 on Wednesday with shares tumbling over 8% after the renewable energy provider's subsidiary, NextEra Energy Partners, LP (NEP), significantly reduced its distribution growth outlook, blaming Federal Reserve moves to fight inflation. NextEra Energy Partners shares plunged 20%.

NextEra Energy Subsidiary Cuts Its Distribution Growth Outlook and Shares of Both Sink

The Brookfield Renewable Corporation (NYSE: BEPC) stock price has been in a freefall after peaking at $57.53 in 2021. It has dropped by more than 55% and is now nearing the lowest level on record.

Plot thickens for BEPC and NEP stock prices as clean energy woes mount

The energy company's management used to tell investors they could expect its distributions to grow by about 12% per year. Now it's targeting only 6% growth.

Why NextEra Energy Partners Stock Crashed 17% Today

NextEra Energy Partners, LP is resetting its distribution growth expectations as earnings expectations come down. They, just a couple of months ago, had reiterated that they would be sticking with their original guidance. This drastic change certainly makes it appear that management has very little insight into their own business, as expectations for interest rates didn't shift that dramatically in two months.

NextEra Energy Partners: Resetting Growth Expectations (Rating Downgrade)

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Smart investors are looking for ways to put their money to work well. NextEra Energy Partners cut its expectations for distribution growth.

These 2 Stocks Are Getting Smart Investors' Attention Wednesday

Revises limited partner distribution per unit growth expectations to 5% to 8% per year through at least 2026, with a target of 6% growth Expects no growth equity until 2027 JUNO BEACH, Fla. , Sept. 27, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it is revising its growth rate to better position the partnership to continue to deliver long-term value for unitholders.

NextEra Energy Partners, LP revises growth expectations and limits equity needs

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The renewable energy bubble has burst, leading to a decrease in valuations in the sector. Brookfield Renewable Partners and NextEra Energy Partners have been beaten down to reasonable valuations. We give you three reasons why we prefer the former over the latter.

News for NextEra Energy Stock (NEP)