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Down -33.54% in 4 Weeks, Here's Why You Should You Buy the Dip in NextEra Energy Partners (NEP)
ZACKS· 2025-01-29 15:35
Group 1 - NextEra Energy Partners (NEP) has experienced significant selling pressure, resulting in a 33.5% loss over the past four weeks, but it is now considered oversold with potential for recovery [1] - The Relative Strength Index (RSI) for NEP is currently at 19.44, indicating that the stock may be nearing a trend reversal as selling pressure appears to be exhausting [5] - Analysts have raised earnings estimates for NEP, with a consensus EPS estimate increase of 0% over the last 30 days, suggesting potential price appreciation in the near term [6] Group 2 - NEP holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [7]
NextEra Energy Partners(NEP) - 2024 Q4 - Earnings Call Presentation
2025-01-28 16:23
Business Update XPLR Infrastructure, LP January 28, 2024 2 | Business Update Cautionary Statements and Risk Factors That May Affect Future Results This presentation includes forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward-looking statements. The factors that could cause actual results to differ are discussed in the Appendix herein and in XPLR Infrastructure's SEC filings. Non-GAAP Financial Information This presentation r ...
NextEra Energy Partners (NEP) Surpasses Q4 Earnings Estimates
ZACKS· 2025-01-28 14:56
Company Performance - NextEra Energy Partners (NEP) reported quarterly earnings of $0.99 per share, exceeding the Zacks Consensus Estimate of $0.52 per share, and a significant improvement from a loss of $0.35 per share a year ago, resulting in an earnings surprise of 90.38% [1] - The company posted revenues of $294 million for the quarter ended December 2024, which fell short of the Zacks Consensus Estimate by 20.25%, compared to revenues of $232 million in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times but has not beaten consensus revenue estimates [2] Stock Performance - NextEra Energy Partners shares have declined approximately 11.2% since the beginning of the year, contrasting with the S&P 500's gain of 2.2% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.04 on projected revenues of $310.9 million, while for the current fiscal year, the estimate is $1.54 on revenues of $1.34 billion [7] Industry Outlook - The Alternative Energy - Other industry, to which NextEra Energy Partners belongs, is currently ranked in the top 19% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]
XPLR Infrastructure, LP fourth-quarter and full-year 2024 financial results available on the company's website
Prnewswire· 2025-01-28 12:30
Core Viewpoint - XPLR Infrastructure, LP has released its fourth-quarter and full-year 2024 financial results, highlighting its focus on clean energy infrastructure and long-term growth in the U.S. energy markets [1][2][3]. Company Overview - XPLR Infrastructure, LP (NYSE: NEP) is a limited partnership that owns clean energy infrastructure assets, emphasizing contracted renewable energy projects that provide long-term, stable cash flows [3]. - The company is headquartered in Juno Beach, Florida, and its portfolio includes wind, solar, and battery storage projects in the U.S., along with contracted natural gas pipeline assets in Pennsylvania [3]. Financial Results and Investor Communication - The company plans to discuss its financial results and provide a business update during a live webcast investor presentation scheduled for 9 a.m. ET [2]. - A replay of the webcast will be available for 90 days on the company's website [2].
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
Company Overview - NextEra Energy Partners (NEP) closed at $18.72, reflecting a slight increase of +0.11% from the previous trading day, underperforming the S&P 500 which gained 0.55% [1] - The company is expected to report an EPS of $0.51, indicating a significant growth of 245.71% compared to the same quarter last year [2] - Revenue is projected to be $367.82 million, representing an increase of 58.54% from the prior-year quarter [2] Analyst Estimates - Recent adjustments to analyst estimates for NextEra Energy Partners are crucial as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which incorporates estimate changes, provides a practical rating system for stocks, with NextEra Energy Partners currently holding a Zacks Rank of 3 (Hold) [5] Valuation Metrics - NextEra Energy Partners has a Forward P/E ratio of 11.6, which is lower than the industry average Forward P/E of 17.31, suggesting that the company is trading at a discount [6] - The Alternative Energy - Other industry, to which NextEra belongs, is ranked 135 in the Zacks Industry Rank, placing it in the bottom 47% of over 250 industries [6][7]
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]