NextEra Energy Partners, LP (NEP)
Company Info
Highlights
$1.50B
$0.61
26.23
3.64
$1.15B
$223.00M
$722.00M
$15.55 - $32.38
$23.71
5.77%
2.46
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in NextEra Energy Partners, LP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
NextEra Energy Partners, LP had a return of -39.03% year-to-date (YTD) and -20.29% in the last 12 months. Over the past 10 years, NextEra Energy Partners, LP had an annualized return of -2.57%, while the S&P 500 had an annualized return of 11.16%, indicating that NextEra Energy Partners, LP did not perform as well as the benchmark.
NEP
-39.03%
-35.66%
-48.46%
-20.29%
-15.84%
-2.57%
^GSPC (Benchmark)
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
Monthly Returns
The table below presents the monthly returns of NEP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.84% | -5.22% | 9.50% | -5.72% | 22.40% | -18.01% | -7.56% | 1.71% | 10.26% | -29.94% | -39.03% | ||
| 2023 | 4.58% | -8.60% | -8.32% | -5.33% | 5.83% | -2.14% | -7.15% | -6.89% | -40.46% | -8.86% | -10.36% | 29.18% | -53.32% |
| 2022 | -10.88% | 4.68% | 6.86% | -20.03% | 8.68% | 3.50% | 11.57% | 0.17% | -11.91% | 2.43% | 9.82% | -12.92% | -13.52% |
| 2021 | 21.55% | -10.22% | 0.33% | 2.29% | -7.47% | 11.69% | 1.53% | 3.96% | -5.72% | 14.52% | -0.67% | -0.76% | 30.01% |
| 2020 | 7.83% | 2.55% | -25.44% | 16.95% | 2.77% | 0.33% | 21.29% | -2.12% | -0.60% | 4.74% | 1.99% | 5.64% | 32.40% |
| 2019 | -6.71% | 8.75% | 7.99% | -1.31% | -2.84% | 9.04% | 0.81% | 6.45% | 3.10% | -0.27% | 1.83% | -0.90% | 27.54% |
| 2018 | 4.18% | -11.82% | 1.91% | 4.20% | 8.97% | 3.80% | 0.86% | 4.00% | -0.00% | -6.12% | 3.58% | -7.82% | 3.74% |
| 2017 | 23.45% | -1.29% | 7.63% | 4.59% | 0.74% | 7.09% | 11.44% | 1.53% | -2.82% | -2.36% | 0.28% | 10.45% | 76.00% |
| 2016 | -9.58% | -2.77% | 4.82% | 6.25% | -0.10% | 6.48% | 2.80% | -5.71% | -3.98% | -2.22% | -5.16% | -0.27% | -10.35% |
| 2015 | 18.78% | -1.12% | 11.08% | -3.31% | 12.06% | -16.15% | -9.94% | -14.75% | -27.77% | 20.46% | -0.53% | 15.43% | -9.09% |
| 2014 | 4.72% | 1.58% | 3.14% | -1.20% | 5.39% | 3.95% | -10.74% | 6.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NEP is 23, indicating that it is in the bottom 23% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for NextEra Energy Partners, LP (NEP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
NextEra Energy Partners, LP provided a 22.33% dividend yield over the last twelve months, with an annual payout of $3.60 per share. The company has been increasing its dividends for 9 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.60 | $3.38 | $2.99 | $2.60 | $2.26 | $1.97 | $1.71 | $1.49 | $1.30 | $0.91 | $0.19 |
Dividend yield | 22.33% | 11.11% | 4.27% | 3.08% | 3.38% | 3.74% | 3.98% | 3.46% | 5.08% | 3.03% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for NextEra Energy Partners, LP. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.88 | $0.00 | $0.00 | $0.89 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.92 | $3.60 | |
| 2023 | $0.00 | $0.81 | $0.00 | $0.00 | $0.84 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $0.87 | $0.00 | $3.38 |
| 2022 | $0.00 | $0.71 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.79 | $0.00 | $2.99 |
| 2021 | $0.00 | $0.62 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.69 | $0.00 | $2.60 |
| 2020 | $0.00 | $0.54 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.60 | $0.00 | $2.26 |
| 2019 | $0.00 | $0.47 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.52 | $0.00 | $1.97 |
| 2018 | $0.00 | $0.41 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.45 | $0.00 | $1.71 |
| 2017 | $0.00 | $0.35 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.39 | $0.00 | $1.49 |
| 2016 | $0.00 | $0.31 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.34 | $0.00 | $1.30 |
| 2015 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.27 | $0.00 | $0.91 |
| 2014 | $0.19 | $0.00 | $0.19 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the NextEra Energy Partners, LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NextEra Energy Partners, LP was 76.46%, occurring on Nov 12, 2024. The portfolio has not yet recovered.
The current NextEra Energy Partners, LP drawdown is 76.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -76.46% | Nov 26, 2021 | 745 | Nov 12, 2024 | — | — | — |
| -57.94% | Jun 2, 2015 | 84 | Sep 29, 2015 | 516 | Oct 16, 2017 | 600 |
| -47.49% | Feb 20, 2020 | 20 | Mar 18, 2020 | 91 | Jul 28, 2020 | 111 |
| -22.97% | Feb 5, 2021 | 71 | May 18, 2021 | 111 | Oct 25, 2021 | 182 |
| -20.9% | Sep 9, 2014 | 27 | Oct 15, 2014 | 31 | Nov 28, 2014 | 58 |
Volatility
Volatility Chart
The current NextEra Energy Partners, LP volatility is 22.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of NextEra Energy Partners, LP compared to its peers in the Utilities - Renewable industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for NEP in comparison to other companies of the Utilities - Renewable industry. Currently, NEP has a PE value of 26.2. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for NEP in comparison to other companies of the Utilities - Renewable industry. Currently, NEP has a PEG value of 3.6. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for NextEra Energy Partners, LP.
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Income Statement
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