NextEra Energy Partners

Company Description

XPLR Infrastructure, LP is a limited partnership that has an ownership interest in a clean energy infrastructure portfolio with long-term, stable cash flows. It is focused on creating value for its unitholders through disciplined capital allocation of the cash flows generated by its assets and is positioning itself to benefit from the expected long-term growth in the U.S. energy markets. Its portfolio of contracted clean energy assets is diversified across generation technologies, including wind, solar and battery storage projects in the United States, and an investment in natural gas pipeline assets in Pennsylvania. The Company owns an approximately 48.8% limited partner interest in XPLR OpCo and NEE Equity owns a noncontrolling 51.2% limited partner interest in XPLR OpCo. Through its ownership in XPLR OpCo, IT has a partial ownership interest in clean energy infrastructure assets, including wind, solar and battery storage projects and an investment in natural gas pipeline assets.

Analysis

ANALYSIS: With an Obermatt 360° View of 26 (better than 26% compared with alternatives), overall professional sentiment and financial characteristics for the stock NextEra Energy Partners are below the industry average. The 360° View is based on consolidating four consolidated indicators, with three out of four indicators below average for NextEra Energy Partners. Only the consolidated Value Rank has an attractive rank of 79, which means that the share price of NextEra Energy Partners is on the lower side compared with the typical size in indicators such as revenues, profits, and invested capital. This means that the stock price is lower than for 79% of alternative stocks in the same industry. All other consolidated ranks are below average. The consolidated Growth Rank has a low rank of 29, which means that the company exhibits below-average growth momentum when looking at financial metrics such as revenue, profit, and invested capital growth as well as stock returns. The consolidated Safety Rank has a riskier rank of 36, meaning the company has a riskier financing structure than 64% comparable companies when looking at the amount of its debt, its refinancing requirements, and its ability to service debt. Finally, professionals are more pessimistic about the stock than for 96% of alternative investment opportunities, reflected in the consolidated Sentiment Rank of 4. ...read more

Country

USA

Industry Renewable Electricity

Size Small

Website investor.nexteraenergypartners.com

Index

Add to Watchlist

See Similar Stocks

Make Sense of the Ranks

The higher, the better. For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. These ranks are percentiles: a rank of 75 means the company outperforms 75% of its peers in that specific area. The higher the rank, the better the stock stacks up against its peers.

Detailed and Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history. Unlock the analysis.