NEP: NextEra Energy Partners LP
About
NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.
Current Value
$18.501 Year Return
Current Value
$18.501 Year Return
Key Details
Market Cap
$1.69B
P/E Ratio
8.3
1Y Stock Return
-31.55%
1Y Revenue Growth
-10.71%
Dividend Yield
11.10%
Price to Book
0.5
Strategies that include NEP
Stock's related to NEP
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SAVA | 0.07% | $139.04M | -90.15% | 0.00% |
| AMSF | 0.13% | $1.02B | +17.98% | 2.78% |
| JBL | -0.15% | $14.98B | +10.49% | 0.24% |
| CRVO | 0.22% | $17.83M | -76.13% | 0.00% |
| RELY | -0.22% | $4.15B | +7.49% | 0.00% |
| LITB | -0.23% | $33.93M | -72.29% | 0.00% |
| URGN | -0.25% | $508.08M | -20.00% | 0.00% |
| OCX | -0.27% | $42.09M | -4.58% | 0.00% |
| MUSA | -0.30% | $10.93B | +49.99% | 0.33% |
| PRT | 0.39% | $44.77M | -18.41% | 10.98% |
| IMRN | 0.42% | $11.54M | +1.70% | 0.00% |
| HRTG | 0.51% | $378.03M | +58.56% | 0.00% |
| PRPH | -0.57% | $16.11M | -85.86% | 0.00% |
| UNM | -0.59% | $13.30B | +60.72% | 2.15% |
| CB | -0.61% | $110.69B | +20.93% | 1.29% |
| MMC | 0.62% | $105.88B | +7.18% | 1.41% |
| AJG | 0.64% | $62.25B | +14.60% | 0.84% |
| ADBE | 0.64% | $240.81B | -13.67% | 0.00% |
| NHTC | -0.75% | $54.23M | -15.29% | 17.09% |
| USAC | -0.76% | $2.68B | -0.52% | 9.06% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LRN | -24.95% | $4.63B | +73.38% | 0.00% |
| PGR | -16.04% | $144.85B | +49.74% | 0.46% |
| CBOE | -15.51% | $21.25B | +13.78% | 1.16% |
| IBKR | -15.22% | $19.16B | +110.15% | 0.48% |
| LPLA | -13.87% | $24.26B | +42.13% | 0.37% |
| BTCT | -13.39% | $39.13M | +169.13% | 0.00% |
| LTM | -11.62% | $8.63B | -100.00% | <0.01% |
| RNR | -10.13% | $13.98B | +29.28% | 0.58% |
| RLI | -9.29% | $7.59B | +25.85% | 0.68% |
| NOC | -9.25% | $69.96B | +0.19% | 1.68% |
| GEO | -8.92% | $3.91B | +174.63% | 0.00% |
| MCK | -8.81% | $74.13B | +26.36% | 0.46% |
| PRPO | -8.42% | $8.76M | -5.79% | 0.00% |
| AGO | -8.21% | $4.50B | +21.96% | 1.40% |
| EIG | -7.83% | $1.28B | +32.33% | 2.26% |
| NEUE | -7.72% | $43.41M | -19.51% | 0.00% |
| ACGL | -7.26% | $35.12B | +22.28% | 0.00% |
| CME | -7.13% | $86.19B | +14.50% | 1.94% |
| CORZ | -6.99% | $4.41B | +2,251.71% | 0.00% |
| HQY | -6.75% | $8.33B | +36.49% | 0.00% |
ETF's related to NEP
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USDU | -35.24% | $211.42M | 0.5% |
| UUP | -29.67% | $386.70M | 0.77% |
| EQLS | -27.92% | $8.94M | 1% |
| CTA | -20.51% | $380.14M | 0.76% |
| VIXY | -19.32% | $195.31M | 0.85% |
| AGZD | -13.29% | $132.89M | 0.23% |
| DBMF | -11.14% | $1.18B | 0.85% |
| JBBB | -10.88% | $1.36B | 0.49% |
| CANE | -10.02% | $15.69M | 0.29% |
| CORN | -9.19% | $61.14M | 0.2% |
| TBLL | -8.18% | $1.91B | 0.08% |
| BILZ | -5.79% | $558.25M | 0.14% |
| WEAT | -5.27% | $122.96M | 0.28% |
| DBA | -4.88% | $793.07M | 0.93% |
| IBHD | -4.51% | $312.37M | 0.35% |
| KMLM | -4.21% | $332.27M | 0.9% |
| CSHI | -3.52% | $481.04M | 0.38% |
| BIL | -1.47% | $34.60B | 0.1356% |
| KCCA | -0.40% | $123.70M | 0.87% |
| HIGH | -0.24% | $298.33M | 0.52% |
News
SeekingAlpha
Among 78 dividend paying sustainable companies, 8 met the Dogcatcher ideal. Read more to see 2 ideal buys.
SeekingAlpha
NextEra Energy and NextEra Energy Partners are effectively one company, despite their separate tickers. Find out why I remain neutral on NEE and NEP stocks.
Yahoo
NextEra Energy Partners (NEP) reachead $17.93 at the closing of the latest trading day, reflecting a -1.05% change compared to its last close.
Yahoo
NextEra Energy (NEE) concluded the recent trading session at $73.98, signifying a -0.22% move from its prior day's close.
Yahoo
NextEra Energy is more than just an electric utility: it is a big player that has transformed the energy landscape by integrating innovation with proven capacity to adapt to the market’s demand. With a focus on sustainable growth, NEE should be on every investor’s list of must-haves in the portfolio. The company is a Juno […]
Yahoo
PSX partners with NEE to develop a new solar facility that should help its refinery in Rodeo, CA, reduce its grid power demand by almost 50%.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.