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NextEra Energy Partners, LP (NEP)

(Delayed Data from NYSE)

$52.44 USD

52.44
337,891

+1.28 (2.50%)

Updated Oct 23, 2019 03:57 PM ET

After-Market: $52.44 0.00 (0.00%) 7:57 PM ET

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3-Hold     3    

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1
2
3
4
5
S&P
Strong Buy
Buy
Hold
Sell
Strong Sell
500
24.50%
17.69%
9.28%
4.86%
1.63%
10.50%

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B Value | F Growth | D Momentum | D VGM

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Balance Sheet

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

Research for NEP

   

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

Fiscal Year End for NextEra Energy Partners, LP falls in the month of December.

All items in Millions except Per Share data.

12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Assets          
Cash & Equivalents 155 179 180 177 122
Receivables 148 173 147 142 237
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 37 46 28 23 11
Total Current Assets 340 398 355 342 370
Net Property & Equipment 6,770 6,197 5,051 4,197 2,169
Investments & Advances 234 229 105 22 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 108 181 255 161 124
Intangibles 1,845 1,289 1,306 1,318 0
Deposits & Other Assets 108 101 78 52 64
Total Assets 9,405 8,395 7,150 6,092 2,727
Liabilities & Shareholders Equity 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Notes Payable 0 0 0 0 0
Accounts Payable 55 71 38 51 46
Current Portion Long-Term Debt 707 99 78 113 78
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 50 39 25 28 21
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 47 67 256 49 18
Total Current Liabilities 859 276 397 241 163
Mortgages 0 0 0 0 0
Deferred Taxes/Income 12 1,505 922 449 56
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,728 4,218 3,508 3,334 1,758
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 268 188 154 506 39
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,867 6,187 4,981 4,530 2,016
Shareholders Equity 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Preferred Stock 548 548 0 0 0
Common Stock (Par) 1,804 1,639 1,746 935 554
Capital Surplus 0 0 0 0 0
Retained Earnings 0 0 0 0 0
Other Equity 3,186 21 423 627 157
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 5,538 2,208 2,169 1,562 711
Total Liabilities & Shareholder's Equity 9,405 8,395 7,150 6,092 2,727
Total Common Equity 4,990 1,660 2,169 1,562 711
Shares Outstanding 56.00 54.30 54.20 30.60 18.60
Book Value Per Share 89.11 30.57 40.02 51.05 38.23

Fiscal Year End for NextEra Energy Partners, LP falls in the month of December.

All items in Millions except Per Share data.

9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Assets          
Cash & Equivalents NA 167 133 155 91
Receivables NA 1,003 137 148 882
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 29 36 37 36
Total Current Assets NA 1,199 306 340 1,009
Net Property & Equipment NA 7,071 6,713 6,770 5,132
Investments & Advances NA 322 217 234 265
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 123 114 108 99
Intangibles NA 2,909 1,832 1,845 1,232
Deposits & Other Assets NA 144 111 108 113
Total Assets NA 11,768 9,293 9,405 7,850
Liabilities & Shareholders Equity 9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Notes Payable NA 0 0 0 0
Accounts Payable NA 170 57 55 52
Current Portion Long-Term Debt NA 599 694 707 64
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 46 21 50 13
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 57 39 47 53
Total Current Liabilities NA 872 811 859 182
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 10 12 12 10
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 3,676 2,719 2,728 3,491
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 406 268 135
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 5,268 3,948 3,867 3,818
Shareholders Equity 9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Preferred Stock NA 548 548 548 548
Common Stock (Par) NA 1,704 1,757 1,804 1,845
Capital Surplus NA 0 0 0 0
Retained Earnings NA 0 0 0 0
Other Equity NA 4,248 3,040 3,186 1,639
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 6,500 5,345 5,538 4,032
Total Liabilities & Shareholder's Equity NA 11,768 9,293 9,405 7,850
Total Common Equity 0 5,952 4,797 4,990 3,484
Shares Outstanding 56.10 56.10 56.10 56.00 56.00
Book Value Per Share 0.00 106.10 85.51 89.11 62.21