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 ...

NextEra Energy Partners (NEP) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.71%. A quarter ago, it was expected that this limited partnership for clean-energy projects would post earnings of $0.12 per share when it actually produced earnings of $0.75, delivering a surprise of 52 ...

Exhibit 99 NextEra Energy Partners, LP Media Line: 561-694-4442 July 24, 2024 FOR IMMEDIATE RELEASE NextEra Energy Partners, LP reports second-quarter 2024 financial results JUNO BEACH, Fla. - NextEra Energy Partners, LP (NYSE: NEP) today reported second-quarter 2024 net income attributable to NextEra Energy Partners of $62 million. NextEra Energy Partners also reported second- quarter 2024 adjusted EBITDA of $560 million and cash available for distribution (CAFD) of $220 million. "NextEra Energy Partners h ...

Core Viewpoint - NextEra Energy Partners, LP (NEP) is anticipated to report strong second-quarter 2024 results, benefiting from previous strategic sales and investments in renewable energy [1][3][12]. Group 1: Upcoming Earnings Expectations - NEP is scheduled to release its second-quarter results on July 24, 2024, before market open [1]. - The Zacks Consensus Estimate for revenues is projected at $366.9 million, reflecting a year-over-year increase of 4.8% [4]. - The earnings estimate is pegged at 59 cents per unit, indicating an 11.3% increase year-over-year [12]. Group 2: Factors Influencing Performance - The firm is expected to benefit from the sale of its Texas natural gas pipeline portfolio, completed in December 2023, which provided funds for NEP Renewables II buyouts in June 2024 [3]. - Continued expansion of its high-quality renewable energy portfolio is anticipated to positively impact earnings [9]. - The focus on long-term contracted clean energy assets with attractive cash flows is likely to contribute to earnings growth [10]. - Structural tax advantages may enhance earnings, as the firm is not expected to pay significant U.S. taxes for at least 15 years [17]. Group 3: Earnings Prediction Model - The earnings prediction model indicates a strong likelihood of an earnings beat for NEP, supported by a positive Earnings ESP of +8.11% and a Zacks Rank of 2 (Buy) [5][18].

The limited partnership for clean-energy projects's stock has dropped by 0.07% in the past month, exceeding the Oils-Energy sector's loss of 7.9% and lagging the S&P 500's gain of 4.43%. NEP's full-year Zacks Consensus Estimates are calling for earnings of $1.89 per share and revenue of $1.26 billion. These results would represent year-over-year changes of +455.88% and +0.53%, respectively. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed ...

In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss why NextEra Energy Partners' (NEP 0.85%) dividend and future growth may be at risk. The math on its dividend is not favorable. *Stock prices used were from the afternoon of June 25, 2024. The video was published on July 10, 2024. ...

The most recent trading session ended with NextEra Energy Partners (NEP) standing at $28.16, reflecting a -0.88% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.16% for the day. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.49%. The limited partnership for clean-energy projects's shares have seen a decrease of 16.61% over the last month, not keeping up with the Oils-Energy sector's loss of 0.71% and the S&P 500's g ...

Over the last four quarters, NextEra Energy Partners surpassed consensus EPS estimates two times. The company could not beat consensus revenue estimates in any of the last four quarters. Shares of this limited partnership for clean-energy projects have returned -16.6% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Alternative Energy - Other industry, to which NextEra Energy Partners belongs, has lost 0.5% over this period. Now the key question is: Where could the stock be h ...

NextEra Energy Partners (NEP) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution ...

NextEra Energy Partners (NEP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Revisions to Earnings Estimates NextEra Energy Partners is expected to post earnings of $0.58 per share for the current quarter, representing a year-over-year change of +9.4%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. With an impressive externally audited track record, our propr ...