In the latest trading session, NextEra Energy Partners (NEP) closed at $24.79, marking no change from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.3%. At the same time, the Dow lost 0.54%, and the tech-heavy Nasdaq gained 0.25%. Shares of the limited partnership for clean-energy projects have appreciated by 1.18% over the course of the past month, outperforming the Oils-Energy sector's of 0% and lagging the S&P 500's gain of 3.42%. The upcoming earnings release of ...

NextEra Energy Partners (NEP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this limited partnership for clean-energy projects have returned +1%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Alternative Energy - Other industry, which NextEra Energy Partners falls in, has gained 5.1%. The key ...

NextEra Energy Partners has a strong parent, but the 13% yield looks too risky for my blood. There are some very clear things to like about NextEra Energy Partners (NEP 2.93%), including its lofty 13%+ distribution yield and a decade-long string of annual distribution increases. The truth is, I've been tempted to buy it. However, there's been a huge change in the master limited partnership's (MLP's) business position that holds me back from pulling the trigger. Here's why I'd rather keep this renewable powe ...

It has been about a month since the last earnings report for NextEra Energy Partners (NEP) . Shares have lost about 2.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is NextEra Energy Partners due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. NextEra Energy Partner ...

A double-digit yield is often a big red flag signaling that a cut is forthcoming. NextEra Energy Partners' (NEP 0.12%) dividend currently yields more than 14%. That's 10 times higher than the S&P 500's dividend yield. While a dividend yield in the double digits might seem alluring, it usually signals that the market doesn't believe that the payout's current level is sustainable. I agree with the market that this renewable energy dividend stock will eventually cut its big-time payout. Here's why I predict a ...

NextEra Energy Partners plans to continue increasing its big-time payout in the near term. NextEra Energy Partners' CEO, John Ketchum, discussed the company's plans on the second-quarter conference call. He noted that the company had made progress on its current strategy of organically growing its earnings while simultaneously taking steps to shore up its financial foundation. Ketchum stated: "Since our last earnings call, the partnership completed the next NEP Renewables II equity buyout of roughly $190 mi ...

NextEra Energy Partners, LP Common Units (NYSE:NEP) Q2 2024 Results Conference Call July 24, 2024 9:00 AM ET Company Participants Mark Edelman - Director of Investor Relations John Ketchum - Chairman, President and Chief Executive Officer of NextEra Energy Brian Bolster - Executive Vice President and Chief Financial Officer of NextEra Energy Rebecca Kujawa - President and Chief Executive Officer of NextEra Energy Resources Mark Hickson - Executive Vice President of NextEra Energy Armando Pimentel - Presiden ...

Revenues The firm continues to foresee 5-8% annual growth in limited partner distributions per unit, with a current target of 6% growth per year, as a reasonable range of expectations through at least 2026. NEP declared a quarterly distribution of 90.5 cents per common unit to an annualized rate of $3.62 to its unit holders. This declaration reflects an annualized increase of nearly 6% from the year-earlier figure. The distribution will be payable on Aug 14, 2024, to unitholders of record as of Aug 6, 2024. ...

TABLE OF CONTENTS PART II – OTHER INFORMATION 3 Contract Risks • NEP relies on a limited number of customers and is exposed to the risk that they may be unwilling or unable to fulfill their contractual obligations to NEP or that they otherwise terminate their agreements with NEP. • NEP or its pipeline investment may not be able to extend, renew or replace expiring or terminated PPAs, natural gas transportation agreements or other customer contracts at favorable rates or on a long-term basis. • If the energy ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics ...