nextera energy partners, lp acquires, owns, and manages contracted clean energy projects in the united states. it owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. the company was founded in 2014 and is headquartered in juno beach, florida.
Company profile
Ticker
NEP
Exchange
CEO
James Robo
Employees
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
NextEra Energy ...
NEP stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
5 Mar 24
DEFA14A
Additional proxy soliciting materials
5 Mar 24
DEF 14A
Definitive proxy
5 Mar 24
10-K
2023 FY
Annual report
20 Feb 24
8-K
NextEra Energy Partners, LP
25 Jan 24
8-K
Entry into a Material Definitive Agreement
29 Dec 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
18 Dec 23
EFFECT
Notice of effectiveness
13 Dec 23
424B7
Prospectus with selling stockholder info
12 Dec 23
CORRESP
Correspondence with SEC
8 Dec 23
Transcripts
NEP
Earnings call transcript
2023 Q4
25 Jan 24
NEP
Earnings call transcript
2023 Q3
24 Oct 23
NEP
Earnings call transcript
2023 Q2
25 Jul 23
NEP
Earnings call transcript
2023 Q1
25 Apr 23
NEP
Earnings call transcript
2022 Q4
25 Jan 23
NEP
Earnings call transcript
2022 Q3
28 Oct 22
NEP
Earnings call transcript
2022 Q2
22 Jul 22
NEP
Earnings call transcript
2022 Q1
21 Apr 22
NEP
Earnings call transcript
2021 Q4
25 Jan 22
NEP
Earnings call transcript
2021 Q3
20 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 381.00 mm | 381.00 mm | 381.00 mm | 381.00 mm | 381.00 mm | 381.00 mm |
Cash burn (monthly) | 82.33 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 549.66 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -168.66 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2022
23.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 101 |
Opened positions | 11 |
Closed positions | 16 |
Increased positions | 34 |
Reduced positions | 26 |
13F shares | Current |
---|---|
Total value | 1.59 bn |
Total shares | 21.76 mm |
Total puts | 207.90 k |
Total calls | 5.00 k |
Total put/call ratio | 41.6 |
Largest owners | Shares | Value |
---|---|---|
Neuberger Berman | 4.19 mm | $310.86 mm |
First Trust Portfolios | 2.88 mm | $193.09 mm |
GS Goldman Sachs | 2.38 mm | $176.55 mm |
T. Rowe Price | 2.19 mm | $162.28 mm |
Tortoise Capital Advisors, L.L.C. | 1.74 mm | $129.26 mm |
BK Bank Of New York Mellon | 1.03 mm | $76.42 mm |
AMP Ameriprise Financial | 919.16 k | $68.14 mm |
Eaton Vance Management | 747.72 k | $55.45 mm |
Duff & Phelps Investment Management | 719.73 k | $53.38 mm |
GW&K Investment Management | 612.58 k | $45.43 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Apr 23 | Kind Peter H | Common Units Representing Limited Partner Interests | Buy | Acquire P | No | No | 56.83 | 250 | 14.21 k | 32,340 |
27 Apr 23 | Kind Peter H | Common Units Representing Limited Partner Interests | Buy | Acquire P | No | No | 56.9 | 1,500 | 85.35 k | 32,090 |
22 Feb 23 | Susan D Austin | Common Units Representing Limited Partner Interests | Grant | Acquire A | No | No | 0 | 2,180 | 0.00 | 23,660 |
22 Feb 23 | Byrne Robert J | Common Units Representing Limited Partner Interests | Grant | Acquire A | No | No | 0 | 2,180 | 0.00 | 30,920 |
22 Feb 23 | Kind Peter H | Common Units Representing Limited Partner Interests | Grant | Acquire A | No | No | 0 | 2,180 | 0.00 | 30,590 |
News
Barclays Initiates Coverage On NextEra Energy Partners with Equal-Weight Rating, Announces Price Target of $32
10 Apr 24
Raymond James Maintains Outperform on NextEra Energy Partners, Lowers Price Target to $45
3 Apr 24
Neptune Announces Decision Of Nasdaq Hearings Panel To Delist Common Shares
6 Mar 24
Surpassing Expectations: NextEra Energy Partners Unleashes Growth Potential and Rewards Investors
14 Feb 24
JP Morgan Maintains Neutral Rating for NextEra Energy Partners: Here's What You Need To Know
26 Jan 24
Press releases
Global Solar Charging Station Market Size Projected to Reach $2.88 Billion By 2031
11 Apr 24
NextEra Energy announces date for release of first-quarter 2024 financial results
9 Apr 24
NextEra Energy Partners, LP announces date for release of first-quarter 2024 financial results
9 Apr 24
NextEra Energy and NextEra Energy Partners to meet with investors in early to mid-March
4 Mar 24
NextEra Energy fourth-quarter and full-year 2023 financial results available on company's website
25 Jan 24