Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11 month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.On our last coverage of NextEra Energy, Inc. (NYSE: NEE ) ...

NextEra Energy (NYSE: NEE ) continues to be one of the best-performing utility companies in the market right now. NEE has reaffirmed its EPS outlook for 2025, 2026 and 2027, indicating reliable growth between the years, eventually landing at $4.35 inMy name is Maxime and I like to write about finances and share my views on various companies and their potential as an investment opportunity. My preferred sector is industrial. I live and work in Europe and we have a very long and proud history of being an indu ...

JUNO BEACH, Fla., March 18, 2025 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) expects to meet with investors throughout March 2025 to discuss, among other things, long-term growth rate expectations, reaffirming those presented on the Jan. 24, 2025, fourth-quarter and full-year 2024 financial results call. Investors and other interested parties can access a copy of the most recent presentation materials at www.NextEraEnergy.com/investors.NextEra Energy, Inc.NextEra Energy, Inc. (NYSE: NEE) is a leading c ...

Core Viewpoint - NextEra Energy (NEE) is experiencing a bullish trend, trading above its 50-day simple moving average (SMA), with steady share gains over the past twelve months following earnings beats in the last four quarters [1][3]. Group 1: Performance and Market Position - NextEra Energy has outperformed the Zacks Utility Electric Power industry, the Zacks Utilities sector, and the S&P 500 over the past year [4]. - The company has a trailing 12-month return on equity (ROE) of 11.85%, surpassing the industry average of 9.75%, indicating efficient use of shareholders' equity [16]. Group 2: Economic and Operational Factors - Improving economic conditions in Florida are benefiting NextEra Energy, with its Florida Power & Light Company (FPL) offering residential bills lower than the national average, enhancing its competitive advantage [9]. - FPL has invested in undergrounding power lines, which has increased service reliability and strengthened its power distribution infrastructure, allowing it to meet the demands of a growing customer base [9]. Group 3: Investment and Growth Strategy - NextEra Energy plans to invest in clean energy assets, expecting to add 36.5-46.5 GW of new renewables to its generation portfolio from 2024 to 2027 [10]. - The company is targeting $97 billion to $107 billion in capital expenditures over the same period to strengthen its operations [10]. Group 4: Earnings and Dividend Outlook - The Zacks Consensus Estimate for NEE's earnings per share indicates year-over-year growth of 7% for 2025 and 7.97% for 2026, with an expected annual increase of 6-8% through 2027 [12]. - NextEra Energy plans to increase its dividend rate by 10% annually at least through 2026, with a current annual dividend of $2.27 per share and a dividend yield of 3.08% [19]. Group 5: Valuation - NextEra Energy is currently trading at a premium on a forward 12-month P/E basis, with a valuation of 19.69X compared to the industry average of 14.45X [20].

Leadership Changes - Rebecca Kujawa, president and CEO of NextEra Energy Resources, will retire on May 22, 2025, as part of a planned leadership succession process [1][4] - Brian Bolster, currently executive vice president and CFO of NextEra Energy, will succeed Kujawa as president and CEO of NextEra Energy Resources [1][4] - Mike Dunne, currently treasurer of NextEra Energy, will succeed Bolster as executive vice president and CFO [2][4] Leadership Contributions - Kujawa has had an 18-year career at NextEra Energy, significantly contributing to the company's growth and success in the competitive power generation sector [3][5] - Under her leadership, NextEra Energy Resources has been positioned for continued success, with a strong focus on innovation and operational improvement [3][5] - Bolster brings nearly 25 years of experience from Goldman Sachs, where he was head of natural resources in the Americas, and is expected to leverage his extensive knowledge of the power sector in his new role [6][3] Future Outlook - The leadership transition is expected to capitalize on significant growth opportunities in the energy sector, with Bolster's strong relationships across the industry being a key asset [3][6] - Dunne has been instrumental in leading funding efforts for NextEra Energy's plans to invest over $120 billion in energy infrastructure over the next four years [7][3]

Core Viewpoint - NextEra Energy is positioned as a strong investment opportunity due to its leading role in the U.S. electric utility sector and its focus on renewable energy, benefiting from increasing electricity demand and declining costs [1][2]. Industry Overview - The U.S. power sector is at a turning point, with electricity demand expected to surge by 55% over the next 20 years, compared to a modest 9% increase over the past two decades [3]. - Key drivers of this demand surge include the onshoring of manufacturing, electrification of various sectors, and the growth of AI data centers [3]. Renewable Energy Demand - The U.S. will need to deploy between 375 gigawatts to 450 gigawatts of new renewable and storage capacity in the next seven years, which is three times the capacity built in the previous seven years [4]. - Renewable energy alone cannot meet the anticipated demand surge, necessitating additional natural gas and nuclear energy capacity to provide consistent baseload power [5]. Company Positioning - NextEra Energy is strategically positioned to capitalize on the upcoming power surge, with its two strong business segments: Florida Power & Light (FPL) and Energy Resources [6]. - FPL is the largest electric utility in the U.S., while Energy Resources is a leader in renewables and storage, complemented by a significant natural gas-fired generation fleet and nuclear operations [6]. Project Development - The company has a growing backlog of renewable energy projects, aiming for a portfolio of approximately 75 gigawatts by the end of 2027, surpassing the installed capacity of all but seven countries [7]. - NextEra has signed a framework agreement with GE Vernova to develop new natural gas power solutions, targeting multiple gigawatts for various sectors including data centers and manufacturing [8][9]. Future Growth Opportunities - The company plans to restart its Duane Arnold nuclear plant in Iowa by the end of 2028 and is exploring other nuclear projects, such as small modular reactors, as potential long-term growth opportunities [10]. - NextEra Energy anticipates continued earnings and dividend growth, targeting a 6% to 8% annual growth rate through 2027 and a minimum 10% annual dividend increase through 2026 [11].

Group 1 - The article mentions that Jason Hall and Tyler Crowe have no positions in the stocks discussed [1] - The Motley Fool has positions in and recommends NextEra Energy [1] - The Motley Fool has a disclosure policy regarding its affiliations and potential compensations [1]

Core Points - Florida Power & Light Company (FPL) has submitted a four-year rate proposal to the Florida Public Service Commission (PSC) to establish new rates for 2026 through 2029, following the conclusion of its current base rate agreement at the end of 2025 [1][2] - The proposal aims to maintain reliable electricity delivery, enhance customer service, diversify generation resources to lower fuel costs, and keep customer bills competitive [2][3] Rate Proposal Details - The proposed rates for a typical 1,000-kWh residential customer in Peninsular Florida would increase from $134.14 in 2025 to $151.99 by 2029, with a projected bill in January 2026 being about 20% lower than in 2006 when adjusted for inflation [4][3] - Small- and medium-sized business customer bills are expected to rise at an average annual rate of 1% to 5% from 2025 through 2029 [5] Infrastructure and Growth - FPL has added approximately 275,000 customers since 2021 and anticipates adding another 335,000 by the end of 2029, necessitating significant investments in new generating capacity and distribution infrastructure [5] - The company’s reliability metrics show that its distribution service reliability is 59% better than the national average, with technology investments helping to avoid 2.7 million customer outages in 2024 [6] Diversification and Cost Management - FPL plans to invest in low-cost solar and battery storage technologies to complement its existing natural gas and nuclear power generation fleet, which helps mitigate fuel price volatility [6] - The modernization of FPL's power plant fleet has resulted in over $16 billion in fuel cost savings, with non-fuel operations and maintenance costs being the lowest among peer utilities, saving customers about $2.9 billion annually [6] Economic Context - Since the last base rate adjustment in 2021, FPL has faced significant inflationary pressures, with labor costs rising by nearly 16% and utility materials such as wires and cables increasing by up to 101% [7] Company Overview - FPL is the largest electric utility in the U.S., serving over 6 million accounts and recognized for its fuel-efficient and clean power generation fleet [8]

Group 1 - The importance of carefully calibrating a portfolio for retirement income as individuals transition from active employment to reliance on portfolio income flows [1] - Roberts Berzins has over a decade of experience in financial management, assisting top-tier corporates in shaping financial strategies and executing large-scale financings [1] - Efforts have been made to institutionalize the REIT framework in Latvia to enhance the liquidity of pan-Baltic capital markets [1] Group 2 - Development of national SOE financing guidelines and frameworks aimed at channeling private capital into affordable housing stock [1] - Roberts Berzins holds a CFA Charter and an ESG investing certificate, and has experience with the Chicago Board of Trade [1] - Active involvement in thought-leadership activities to support the development of pan-Baltic capital markets [1]

Internal Control and Financial Reporting - NextEra Energy, Inc. (NEE) and Florida Power & Light Company (FPL) reported effective internal control over financial reporting as of December 31, 2024[330]. - NEE and FPL's consolidated financial statements present a fair view of their financial position as of December 31, 2024, in accordance with GAAP[340]. - The management assessed the internal control effectiveness based on the criteria set forth by COSO, indicating reasonable assurance of safeguarding assets[330]. - NEE's and FPL's independent auditors expressed unqualified opinions on the financial statements for the year ended December 31, 2024[341]. - The overall system of internal accounting control is designed to prevent or detect material errors or irregularities in financial reporting[327]. - NEE's management believes that the internal control over financial reporting was effective as of December 31, 2024[330]. - The Audit Committee, comprised entirely of independent directors, oversees financial reporting and accounting practices[329]. Financial Performance - NEE's operating revenues for the year ended December 31, 2024, were $24,753 million, a decrease of 12.1% from $28,114 million in 2023[353]. - Operating income for 2024 was $7,479 million, down 26.9% from $10,237 million in 2023[353]. - Net income attributable to NEE for 2024 was $6,946 million, a decrease of 5.0% compared to $7,310 million in 2023[353]. - Basic earnings per share attributable to NEE decreased to $3.38 in 2024 from $3.61 in 2023, reflecting a decline of 6.4%[353]. - Total operating expenses for 2024 were $17,626 million, a slight decrease of 3.6% from $18,282 million in 2023[353]. - Comprehensive income attributable to NEE for 2024 was $6,973 million, down from $7,375 million in 2023[356]. - Net income for 2024 was reported at $5.698 billion, a decrease of 9.3% from $6.282 billion in 2023[361]. - Net income for 2024 was $4,543 million, slightly down from $4,552 million in 2023, reflecting a decrease of 0.2%[370]. Assets and Liabilities - Total assets increased to $190.144 billion in 2024, up from $177.489 billion in 2023, representing a growth of approximately 7.4%[359]. - Total current liabilities decreased to $25.355 billion in 2024, down from $27.963 billion in 2023, a reduction of approximately 9.3%[359]. - Long-term debt increased to $72.385 billion in 2024, up from $61.405 billion in 2023, reflecting a rise of about 18%[359]. - Total common shareholders' equity grew to $50.101 billion in 2024, compared to $47.468 billion in 2023, an increase of 5.5%[359]. - Total assets increased to $98,141 million in 2024, up from $91,469 million in 2023, representing a growth of 7.9%[373]. - Long-term debt rose to $25,026 million in 2024, compared to $23,609 million in 2023, indicating an increase of 6.0%[373]. - Retained earnings increased to $14,835 million in 2024, up from $13,992 million in 2023, reflecting a growth of 6.0%[373]. Cash Flow and Investments - Cash provided by operating activities rose to $13.260 billion in 2024, compared to $11.301 billion in 2023, marking an increase of 17.3%[361]. - Net cash used in investing activities was $22.264 billion in 2024, slightly lower than $23.467 billion in 2023, indicating a decrease of 5.1%[361]. - The company reported a net increase in cash, cash equivalents, and restricted cash of $1.402 billion at the end of 2024, down from $3.420 billion at the end of 2023[361]. - Cash and cash equivalents decreased to $32 million in 2024 from $57 million in 2023, a decline of 43.9%[373]. - NEE's restricted cash at December 31, 2024, was approximately $159 million, compared to $730 million at December 31, 2023[423]. Dividends and Shareholder Returns - Dividends on common stock increased to $4.235 billion in 2024, compared to $3.782 billion in 2023, an increase of 12%[361]. - Dividends per share for 2024 were $2.06, compared to $1.87 in 2023, marking an increase of 10.2%[374]. - Dividends to NEE decreased to $3,700 million in 2024 from $4,545 million in 2023[379]. Regulatory and Rate Adjustments - FPL's accounting for rate regulation impacts multiple financial statement line items, including operating revenues and regulatory assets[348]. - The Florida Public Service Commission (FPSC) has the authority to disallow recovery of costs deemed excessive, which could affect future financial statements[348]. - FPL established new retail base rates resulting in annualized retail base revenue increases of $692 million starting January 1, 2022, and $560 million starting January 1, 2023[393]. - FPL plans to request a general base revenue requirement increase of approximately $1.55 billion effective January 2026 and an additional increase of approximately $930 million effective January 2027[396]. Capital Expenditures and Development Costs - Capital expenditures of FPL were $7.992 billion in 2024, down from $9.302 billion in 2023, a decrease of 14.1%[361]. - At December 31, 2024, NEER's capitalized development costs totaled approximately $1.6 billion, up from $1.5 billion in 2023[405]. Decommissioning and Asset Retirement Obligations - FPL's estimated costs for decommissioning its four nuclear units are approximately $9.6 billion, or $2.5 billion in 2024 dollars[413]. - NEER's Asset Retirement Obligations (ARO) were approximately $1.4 billion and $1.3 billion for 2024 and 2023, respectively[416]. - NEER's estimated ultimate cost of decommissioning its nuclear plants is approximately $9.8 billion, or $2.2 billion expressed in 2024 dollars[416]. Derivative Instruments and Risk Management - NEE and FPL utilize derivative instruments to manage risks associated with fuel and electricity purchases, with changes in fair value recognized in operating revenues for NEER's non-rate regulated operations[472]. - NEE employs risk management procedures to optimize the value of its power generation and natural gas and oil production assets, utilizing derivative instruments to hedge against fluctuating commodity prices[473]. - As of December 31, 2024, total derivative assets amounted to $2,653 million, a decrease from $3,520 million in 2023, reflecting a decline of approximately 24.6%[490]. - Total derivative liabilities were reported at $3,081 million for 2024, compared to $3,586 million in 2023, indicating a reduction of about 14.0%[490]. - NEE recorded total gains from derivative instruments of $1.374 billion in 2024, compared to $2.222 billion in 2023, with commodity contracts contributing $97 million in 2024[500]. Sales and Gains from Asset Dispositions - In 2023, FPL sold its Florida City Gas business for cash proceeds of approximately $924 million, resulting in a gain of approximately $406 million[458]. - In September 2024, NEE sold a 15% economic interest in three natural gas pipeline facilities for total cash proceeds of approximately $101 million, recording a gain of approximately $120 million[459]. - NEE sold a 65% economic interest in a joint venture of renewable assets for cash proceeds of approximately $900 million, with a gain of approximately $103 million recorded[460]. Tax and Regulatory Assets - NEE recorded a net regulatory liability of $2,916 million as of December 31, 2024, compared to $3,195 million in 2023, which is being amortized over the estimated lives of the related assets or liabilities[445]. - FPL's accumulated deferred investment tax credits (ITCs) were approximately $966 million and $997 million as of December 31, 2024 and 2023, respectively[448]. - NEE recognized proceeds from the sales of renewable energy tax credits of approximately $1,304 million in 2024, significantly up from $370 million in 2023[448].