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NextEra Energy Partners(NEP) - 2024 Q4 - Annual Results
2025-01-28 12:25
Exhibit 10.2 1 Section 1.1 Definitions 18 Section 1.2 Construction ARTICLE II FIFTH AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF XPLR INFRASTRUCTURE OPERATING PARTNERS, LP A Delaware Limited Partnership Dated as of January 27, 2025 TABLE OF CONTENTS ARTICLE I DEFINITIONS ORGANIZATION | Section 2.1 | Formation | 19 | | --- | --- | --- | | Section 2.2 | Name | 19 | | Section 2.3 | Registered Office; Registered Agent; Principal Office; Other Offices | 19 | | Section 2.4 | Purpose and Business | 20 ...
NextEra Energy Partners (NEP) to Report Q4 Results: Wall Street Expects Earnings Growth
ZACKS· 2025-01-16 16:06
The market expects NextEra Energy Partners (NEP) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, ...
NextEra Energy Partners (NEP) Advances But Underperforms Market: Key Facts
ZACKS· 2025-01-07 00:11
The most recent trading session ended with NextEra Energy Partners (NEP) standing at $18.72, reflecting a +0.11% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.55% for the day. Elsewhere, the Dow lost 0.06%, while the tech-heavy Nasdaq added 1.24%.Market participants will be closely following the financial results of NextEra Energy Partners in its upcoming release. The company is predicted to post an EPS of $0.51, indicating a 245.71% growth ...
NextEra Energy Partners (NEP) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-12-31 00:01
In the latest trading session, NextEra Energy Partners (NEP) closed at $17.59, marking a +1.21% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 1.07%. Meanwhile, the Dow lost 0.97%, and the Nasdaq, a tech-heavy index, lost 1.19%.Heading into today, shares of the limited partnership for clean-energy projects had lost 0.52% over the past month, outpacing the Oils-Energy sector's loss of 8.22% and lagging the S&P 500's loss of 0.36% in that time.Investors will b ...
NextEra Energy Partners (NEP) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-12-24 23:51
In the latest market close, NextEra Energy Partners (NEP) reached $17.78, with a +1.66% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.1%. Elsewhere, the Dow gained 0.91%, while the tech-heavy Nasdaq added 1.35%.Prior to today's trading, shares of the limited partnership for clean-energy projects had gained 1.22% over the past month. This has outpaced the Oils-Energy sector's loss of 10.32% and the S&P 500's gain of 0.22% in that time.Analysts and i ...
NextEra Energy Partners (NEP) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-12-24 00:05
Company Overview - NextEra Energy Partners (NEP) closed at $17.49, reflecting a -0.68% change from the previous trading day, underperforming compared to the S&P 500's gain of 0.73% [1] - The stock has increased by 4.95% over the past month, contrasting with the Oils-Energy sector's decline of 9.2% and the S&P 500's gain of 0.34% [7] Financial Performance Expectations - Analysts expect NextEra Energy Partners to report earnings of $0.60 per share, indicating a year-over-year growth of 271.43% [2] - The consensus estimate for revenue is projected at $347.33 million, reflecting a 49.71% increase from the same quarter last year [2] - For the entire fiscal year, earnings are expected to be $1.96 per share and revenue at $1.28 billion, showing changes of +476.47% and +2.67% respectively from the previous year [8] Analyst Sentiment and Estimates - Recent revisions to analyst estimates indicate positive sentiment towards NextEra Energy Partners, suggesting optimism regarding the company's business and profitability [3] - The Zacks Consensus EPS estimate has risen by 3.52% over the past month, with NextEra Energy Partners currently holding a Zacks Rank of 3 (Hold) [4] Valuation Metrics - NextEra Energy Partners is currently trading at a Forward P/E ratio of 8.98, significantly lower than the industry average of 24.2, indicating it is trading at a discount compared to its peers [10] Industry Context - NextEra Energy Partners operates within the Alternative Energy - Other industry, which is part of the Oils-Energy sector, currently holding a Zacks Industry Rank of 125, placing it in the top 50% of over 250 industries [5]
NextEra Energy Partners (NEP) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-12-17 23:56
Company Performance - NextEra Energy Partners (NEP) closed at $17.65, reflecting a -1.18% change from the previous day, which is less than the S&P 500's daily loss of 0.39% [1] - The stock has increased by 11.42% over the past month, outperforming the Oils-Energy sector's decline of 5.09% and the S&P 500's gain of 3.6% [1] Upcoming Earnings - The upcoming EPS for NextEra Energy Partners is projected at $0.60, indicating a significant increase of 271.43% compared to the same quarter last year [2] - Revenue is expected to reach $347.33 million, representing a 49.71% increase from the year-ago quarter [2] Full Year Projections - For the full year, earnings are projected at $1.96 per share, reflecting a change of +476.47% from the prior year [3] - Revenue for the full year is estimated at $1.28 billion, showing a growth of +2.67% compared to the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for NextEra Energy Partners indicate a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [5] Valuation Metrics - NextEra Energy Partners is currently trading at a Forward P/E ratio of 9.1, which is a discount compared to the industry's average Forward P/E of 24.77 [7] - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 83, placing it in the top 34% of over 250 industries [7]
NextEra Energy Partners (NEP) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-12-11 23:55
Core Viewpoint - NextEra Energy Partners (NEP) is experiencing significant growth in earnings and revenue, with upcoming financial results expected to show substantial year-over-year increases, despite a recent slight decline in stock price compared to broader market indices [1][3][4]. Company Performance - The stock price of NextEra Energy Partners closed at $17.93, reflecting a decrease of 1.05% from the previous trading day, which is lower than the S&P 500's gain of 0.82% [1]. - Over the past month, shares of NextEra Energy Partners have increased by 13.25%, outperforming the Oils-Energy sector, which saw a decline of 2.1%, and the S&P 500, which gained 0.8% [2]. Financial Expectations - Analysts anticipate NextEra Energy Partners will report earnings of $0.60 per share, representing a year-over-year growth of 271.43%. Revenue is expected to reach $347.33 million, indicating a 49.71% increase compared to the same quarter last year [3]. - For the annual period, earnings are projected at $1.41 per share and revenue at $1.28 billion, reflecting increases of 314.71% and 2.67%, respectively, from the previous year [4]. Analyst Estimates and Stock Performance - Recent adjustments to analyst estimates for NextEra Energy Partners are crucial, as positive revisions typically indicate a favorable business outlook [4]. - The Zacks Rank system, which evaluates estimate changes, currently ranks NextEra Energy Partners at 3 (Hold), with a recent decline of 1.57% in the consensus EPS estimate over the past month [6]. Valuation Metrics - NextEra Energy Partners has a Forward P/E ratio of 12.89, which is significantly lower than the industry average of 24.05, suggesting that the company is trading at a discount [7]. - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 133, placing it in the bottom 48% of over 250 industries [7].
Why the Market Dipped But NextEra Energy Partners (NEP) Gained Today
ZACKS· 2024-12-05 23:51
Group 1: Stock Performance - NextEra Energy Partners (NEP) closed at $18.20, reflecting a +1.11% change from the previous day, outperforming the S&P 500's 0.19% loss [1] - The stock has decreased by 2.81% over the past month, underperforming the Oils-Energy sector's gain of 3.07% and the S&P 500's gain of 6.66% [1] Group 2: Earnings Forecast - NextEra Energy Partners is expected to report an EPS of $0.60, representing a 271.43% increase from the same quarter last year [2] - Revenue is anticipated to be $347.33 million, indicating a 49.71% increase from the corresponding quarter of the previous year [2] Group 3: Full Year Estimates - For the full year, earnings are projected at $1.41 per share and revenue at $1.28 billion, showing increases of +314.71% and +2.67% respectively from the prior year [3] - Recent changes to analyst estimates for NextEra Energy Partners reflect short-term business trends, with positive revisions indicating a favorable business outlook [3] Group 4: Valuation Metrics - NextEra Energy Partners has a Forward P/E ratio of 12.8, which is a discount compared to the industry average Forward P/E of 25.23 [6] - The Alternative Energy - Other industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 130, placing it in the bottom 49% of over 250 industries [6] Group 5: Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks averaging a +25% annual return since 1988 [5] - Currently, NextEra Energy Partners holds a Zacks Rank of 3 (Hold), with a recent 4.26% downward shift in the consensus EPS estimate [5]
NextEra Energy Partners (NEP) Moves 12.6% Higher: Will This Strength Last?
ZACKS· 2024-12-03 15:55
NextEra Energy Partners (NEP) shares ended the last trading session 12.6% higher at $19.67. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.3% loss over the past four weeks.NextEra Energy Partners owns a large portfolio of high-quality, long-term contracted clean energy assets and has organic growth opportunities from the repowering of its existing wind portfolio. The partnership's total backlog of wind repowerin ...