NEP Stock Analysis
NE
Avoid
Based on Eyestock quantitative analysis, NEP`s fundamental data and valuation indicate an investment grade of Avoid at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Greatly undervalued
Market cap $B
2.509
Dividend yield
17.39 %
Shares outstanding
86.535 B
NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. The company is headquartered in Juno Beach, Florida. The company went IPO on 2014-06-26. The firm owns an approximately 45.3% limited partner interest in NextEra Energy Operating Partners, LP (NEP OpCo) and NextEra Energy, Inc. (NEE) Equity owned a non-controlling 54.7% limited partner interest in NEP OpCo. Through NEP OpCo, the Company has ownership interests in a portfolio of contracted renewable generation assets consisting of wind and solar projects and a portfolio of contracted natural gas pipeline assets. NEP's portfolio is geographically diverse across the United States. In addition, NEP's portfolio includes wind and solar generation facilities, solar-plus-storage projects and natural gas pipelines.