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NextEra Energy Partners, LP (NEP)

(Delayed Data from NYSE)

$62.72 USD

62.72
538,716

-0.28 (-0.44%)

Updated Dec 4, 2020 04:00 PM ET

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
1Strong Buy24.41%
2Buy17.88%
3Hold9.48%
4Sell5.03%
5Strong Sell1.87%
S&P50010.70%

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3-Hold of 5     3    

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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D Value A Growth C Momentum B VGM

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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Bottom 30% (178 out of 254)

Industry: Alternative Energy - Other

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Income Statements

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.

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

All items in Millions except EPS data.

12/31/19 12/31/18 12/31/17 12/31/16 12/31/15
Sales 855 771 807 715 471
Cost Of Goods 336 257 253 202 99
Gross Profit 519 514 554 513 372
Selling & Adminstrative & Depr. & Amort Expenses 286 71 247 223 157
Income After Depreciation & Amortization 233 443 307 290 215
Non-Operating Income 39 78 168 258 3
Interest Expense 702 248 199 147 117
Pretax Income -430 273 276 401 101
Income Taxes -26 6 167 56 21
Minority Interest -333 75 171 263 70
Investment Gains/Losses 0 0 0 0 0
Other Income/Charges 0 0 0 0 0
Income From Cont. Operations -404 267 109 345 80
Extras & Discontinued Operations 0 0 0 0 0
Net Income -71 192 -62 82 10
Depreciation Footnote 12/31/19 12/31/18 12/31/17 12/31/16 12/31/15
Income Before Depreciation & Amortization 564 646 533 495 363
Depreciation & Amortization (Cash Flow) 331 203 226 205 148
Income After Depreciation & Amortization 233 443 307 290 215
Earnings Per Share Data 12/31/19 12/31/18 12/31/17 12/31/16 12/31/15
Average Shares 75.80 74.60 54.20 43.80 22.80
Diluted EPS Before Non-Recurring Items -1.51 2.91 0.66 2.05 0.46
Diluted Net EPS -1.51 2.91 -1.20 1.88 0.46

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

All items in Millions except EPS data.

9/30/20 6/30/20 3/31/20 12/31/19 9/30/19
Sales 240.00 253.00 212.00 206.00 253.00
Cost Of Goods 93.00 89.00 92.00 88.00 90.00
Gross Profit 147.00 164.00 120.00 118.00 163.00
SG&A, R&D, and Dept/Amort Expenses 79.00 75.00 71.00 74.00 75.00
Income After SG&A, R&D, and Dept/Amort Expenses 68.00 89.00 49.00 44.00 88.00
Non-Operating Income 59.00 35.00 -5.00 17.00 23.00
Interest Expense -93.00 -16.00 839.00 -32.00 372.00
Pretax Income 220.00 140.00 -795.00 93.00 -261.00
Income Taxes 25.00 13.00 -75.00 9.00 -18.00
Minority Interest 138.00 78.00 -500.00 47.00 -173.00
Investment Gains/Losses 0.00 0.00 0.00 0.00 0.00
Other Income/Charges 0.00 0.00 0.00 0.00 0.00
Income From Cont. Operations 195.00 127.00 -720.00 84.00 -243.00
Extras & Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Net Income 57.00 49.00 -220.00 37.00 -70.00
Earnings Per Share Data 9/30/20 6/30/20 3/31/20 12/31/19 9/30/19
Average Shares 73.68 68.12 65.49 75.80 75.80
Diluted EPS Before Non-Recurring Items 0.76 0.69 -3.39 0.50 -1.21
Diluted Net EPS 0.76 0.69 -3.39 0.57 -1.21