Intrinsic value of NextEra Energy Partners - NEP

Previous Close

$44.04

  Intrinsic Value

$12.37

stock screener

  Rating & Target

str. sell

-72%

Previous close

$44.04

 
Intrinsic value

$12.37

 
Up/down potential

-72%

 
Rating

str. sell

We calculate the intrinsic value of NEP stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.4

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
  4.87
Revenue, $m
  826
  847
  871
  897
  926
  957
  992
  1,028
  1,068
  1,110
  1,155
  1,203
  1,254
  1,308
  1,366
  1,426
  1,490
  1,558
  1,630
  1,705
  1,785
  1,869
  1,957
  2,051
  2,149
  2,252
  2,361
  2,475
  2,595
  2,722
Variable operating expenses, $m
  502
  512
  523
  535
  548
  562
  577
  594
  612
  631
  522
  544
  567
  592
  618
  645
  674
  705
  737
  771
  807
  845
  885
  927
  972
  1,019
  1,068
  1,119
  1,174
  1,231
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  502
  512
  523
  535
  548
  562
  577
  594
  612
  631
  522
  544
  567
  592
  618
  645
  674
  705
  737
  771
  807
  845
  885
  927
  972
  1,019
  1,068
  1,119
  1,174
  1,231
Operating income, $m
  323
  335
  348
  362
  378
  396
  414
  434
  456
  479
  633
  659
  687
  717
  748
  781
  816
  853
  893
  934
  978
  1,024
  1,072
  1,123
  1,177
  1,233
  1,293
  1,356
  1,422
  1,491
EBITDA, $m
  687
  705
  725
  747
  771
  797
  826
  856
  889
  924
  962
  1,002
  1,044
  1,089
  1,137
  1,187
  1,241
  1,297
  1,357
  1,420
  1,486
  1,556
  1,630
  1,707
  1,789
  1,875
  1,966
  2,061
  2,161
  2,266
Interest expense (income), $m
  166
  233
  241
  250
  260
  271
  283
  296
  310
  326
  342
  359
  378
  398
  419
  442
  466
  491
  518
  546
  576
  607
  640
  675
  712
  750
  791
  834
  879
  927
  977
Earnings before tax, $m
  90
  94
  98
  102
  107
  113
  118
  124
  130
  137
  273
  281
  289
  297
  306
  315
  325
  336
  347
  359
  371
  384
  397
  411
  426
  442
  459
  476
  495
  514
Tax expense, $m
  24
  25
  26
  28
  29
  30
  32
  34
  35
  37
  74
  76
  78
  80
  83
  85
  88
  91
  94
  97
  100
  104
  107
  111
  115
  119
  124
  129
  134
  139
Net income, $m
  66
  68
  71
  75
  78
  82
  86
  91
  95
  100
  199
  205
  211
  217
  223
  230
  238
  245
  253
  262
  271
  280
  290
  300
  311
  323
  335
  348
  361
  375

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  8,600
  8,821
  9,069
  9,344
  9,645
  9,974
  10,329
  10,712
  11,124
  11,563
  12,033
  12,532
  13,063
  13,627
  14,224
  14,856
  15,525
  16,231
  16,977
  17,764
  18,594
  19,468
  20,390
  21,361
  22,383
  23,459
  24,591
  25,782
  27,034
  28,352
Adjusted assets (=assets-cash), $m
  8,600
  8,821
  9,069
  9,344
  9,645
  9,974
  10,329
  10,712
  11,124
  11,563
  12,033
  12,532
  13,063
  13,627
  14,224
  14,856
  15,525
  16,231
  16,977
  17,764
  18,594
  19,468
  20,390
  21,361
  22,383
  23,459
  24,591
  25,782
  27,034
  28,352
Revenue / Adjusted assets
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
  0.096
Average production assets, $m
  7,055
  7,237
  7,440
  7,666
  7,913
  8,183
  8,474
  8,789
  9,126
  9,487
  9,872
  10,282
  10,717
  11,180
  11,670
  12,188
  12,737
  13,316
  13,928
  14,574
  15,255
  15,972
  16,728
  17,525
  18,363
  19,246
  20,175
  21,152
  22,179
  23,260
Working capital, $m
  43
  44
  45
  47
  48
  50
  52
  53
  56
  58
  60
  63
  65
  68
  71
  74
  77
  81
  85
  89
  93
  97
  102
  107
  112
  117
  123
  129
  135
  142
Total debt, $m
  4,467
  4,630
  4,814
  5,017
  5,240
  5,483
  5,745
  6,029
  6,332
  6,657
  7,004
  7,373
  7,766
  8,182
  8,624
  9,091
  9,585
  10,107
  10,658
  11,239
  11,853
  12,499
  13,180
  13,898
  14,653
  15,448
  16,284
  17,165
  18,090
  19,064
Total liabilities, $m
  6,355
  6,518
  6,702
  6,905
  7,128
  7,371
  7,633
  7,917
  8,220
  8,545
  8,892
  9,261
  9,654
  10,070
  10,512
  10,979
  11,473
  11,995
  12,546
  13,127
  13,741
  14,387
  15,068
  15,786
  16,541
  17,336
  18,172
  19,053
  19,978
  20,952
Total equity, $m
  2,244
  2,302
  2,367
  2,439
  2,517
  2,603
  2,696
  2,796
  2,903
  3,018
  3,141
  3,271
  3,410
  3,557
  3,713
  3,877
  4,052
  4,236
  4,431
  4,636
  4,853
  5,081
  5,322
  5,575
  5,842
  6,123
  6,418
  6,729
  7,056
  7,400
Total liabilities and equity, $m
  8,599
  8,820
  9,069
  9,344
  9,645
  9,974
  10,329
  10,713
  11,123
  11,563
  12,033
  12,532
  13,064
  13,627
  14,225
  14,856
  15,525
  16,231
  16,977
  17,763
  18,594
  19,468
  20,390
  21,361
  22,383
  23,459
  24,590
  25,782
  27,034
  28,352
Debt-to-equity ratio
  1.990
  2.010
  2.030
  2.060
  2.080
  2.110
  2.130
  2.160
  2.180
  2.210
  2.230
  2.250
  2.280
  2.300
  2.320
  2.340
  2.370
  2.390
  2.410
  2.420
  2.440
  2.460
  2.480
  2.490
  2.510
  2.520
  2.540
  2.550
  2.560
  2.580
Adjusted equity ratio
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  66
  68
  71
  75
  78
  82
  86
  91
  95
  100
  199
  205
  211
  217
  223
  230
  238
  245
  253
  262
  271
  280
  290
  300
  311
  323
  335
  348
  361
  375
Depreciation, amort., depletion, $m
  364
  370
  377
  384
  393
  402
  411
  422
  433
  445
  329
  343
  357
  373
  389
  406
  425
  444
  464
  486
  508
  532
  558
  584
  612
  642
  672
  705
  739
  775
Funds from operations, $m
  430
  439
  448
  459
  471
  484
  498
  512
  528
  545
  529
  548
  568
  590
  612
  637
  662
  689
  718
  748
  779
  812
  848
  885
  923
  964
  1,007
  1,053
  1,100
  1,150
Change in working capital, $m
  1
  1
  1
  1
  2
  2
  2
  2
  2
  2
  2
  2
  3
  3
  3
  3
  3
  4
  4
  4
  4
  4
  5
  5
  5
  5
  6
  6
  6
  7
Cash from operations, $m
  429
  437
  447
  458
  470
  482
  496
  511
  526
  543
  526
  545
  565
  587
  609
  633
  659
  686
  714
  744
  775
  808
  843
  880
  918
  959
  1,002
  1,047
  1,094
  1,144
Maintenance CAPEX, $m
  -230
  -235
  -241
  -248
  -256
  -264
  -273
  -282
  -293
  -304
  -316
  -329
  -343
  -357
  -373
  -389
  -406
  -425
  -444
  -464
  -486
  -508
  -532
  -558
  -584
  -612
  -642
  -672
  -705
  -739
New CAPEX, $m
  -159
  -181
  -204
  -226
  -247
  -269
  -292
  -314
  -337
  -361
  -385
  -410
  -436
  -462
  -490
  -519
  -548
  -579
  -612
  -646
  -681
  -718
  -756
  -796
  -838
  -883
  -929
  -977
  -1,028
  -1,081
Cash from investing activities, $m
  -389
  -416
  -445
  -474
  -503
  -533
  -565
  -596
  -630
  -665
  -701
  -739
  -779
  -819
  -863
  -908
  -954
  -1,004
  -1,056
  -1,110
  -1,167
  -1,226
  -1,288
  -1,354
  -1,422
  -1,495
  -1,571
  -1,649
  -1,733
  -1,820
Free cash flow, $m
  40
  21
  2
  -16
  -33
  -51
  -69
  -86
  -104
  -122
  -175
  -194
  -213
  -233
  -253
  -274
  -296
  -319
  -342
  -366
  -392
  -418
  -446
  -474
  -504
  -536
  -568
  -603
  -639
  -676
Issuance/(repayment) of debt, $m
  150
  163
  183
  203
  223
  243
  263
  283
  304
  325
  347
  369
  392
  416
  441
  467
  494
  522
  551
  582
  613
  646
  681
  717
  755
  795
  837
  880
  926
  974
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  4
  7
  9
  12
  15
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  150
  163
  183
  203
  223
  247
  270
  292
  316
  340
  347
  369
  392
  416
  441
  467
  494
  522
  551
  582
  613
  646
  681
  717
  755
  795
  837
  880
  926
  974
Total cash flow (excl. dividends), $m
  190
  184
  186
  187
  190
  195
  201
  206
  212
  218
  172
  175
  179
  184
  188
  193
  198
  203
  209
  215
  222
  228
  236
  243
  251
  259
  268
  277
  287
  297
Retained Cash Flow (-), $m
  -56
  -58
  -65
  -72
  -79
  -86
  -93
  -100
  -107
  -115
  -122
  -130
  -139
  -147
  -156
  -165
  -174
  -184
  -195
  -205
  -217
  -228
  -241
  -253
  -267
  -281
  -295
  -311
  -327
  -344
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  134
  127
  121
  116
  111
  109
  108
  106
  105
  103
  49
  45
  41
  37
  32
  28
  24
  19
  15
  10
  5
  0
  -5
  -10
  -16
  -21
  -27
  -33
  -40
  -46
Discount rate, %
  9.90
  10.40
  10.91
  11.46
  12.03
  12.64
  13.27
  13.93
  14.63
  15.36
  16.13
  16.93
  17.78
  18.67
  19.60
  20.58
  21.61
  22.69
  23.83
  25.02
  26.27
  27.58
  28.96
  30.41
  31.93
  33.52
  35.20
  36.96
  38.81
  40.75
PV of cash for distribution, $m
  122
  104
  89
  75
  63
  54
  45
  37
  31
  25
  10
  7
  5
  3
  2
  1
  1
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  99.9
  99.6
  99.3
  98.9
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5
  98.5

Nextera Energy Partners, LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP (NEP OpCo), owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. The Company's primary business objective is to invest in contracted clean energy projects. As of December 31, 2016, the Company's project portfolio of clean, contracted renewable energy assets (initial portfolio) included approximately 989 megawatts (MW) of wind and solar energy generating facilities located in the United States and Canada. As of December 31, 2016, the Company's portfolio included Genesis, Northern Colorado, Tuscola Bay, Elk City, Perrin Ranch, Bluewater, Moore, Sombra, Shafter, Palo Duro, Stateline, Mammoth Plains, Jericho, Cedar Bluff Wind and Golden Hills Wind.

FINANCIAL RATIOS  of  NextEra Energy Partners (NEP)

Valuation Ratios
P/E Ratio 29.1
Price to Sales 3.3
Price to Book 1.4
Price to Tangible Book
Price to Cash Flow 7.3
Price to Free Cash Flow 53
Growth Rates
Sales Growth Rate 44.4%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 64.5%
Cap. Spend. - 3 Yr. Gr. Rate -15.2%
Financial Strength
Quick Ratio 2
Current Ratio 0.2
LT Debt to Equity 201.3%
Total Debt to Equity 206.9%
Interest Coverage 3
Management Effectiveness
Return On Assets 3%
Ret/ On Assets - 3 Yr. Avg. 2.7%
Return On Total Capital 1.7%
Ret/ On T. Cap. - 3 Yr. Avg. 1.1%
Return On Equity 6.1%
Return On Equity - 3 Yr. Avg. 4.1%
Asset Turnover 0.1
Profitability Ratios
Gross Margin 0%
Gross Margin - 3 Yr. Avg. 0%
EBITDA Margin 108%
EBITDA Margin - 3 Yr. Avg. 86.3%
Operating Margin 67%
Oper. Margin - 3 Yr. Avg. 53.1%
Pre-Tax Margin 56.1%
Pre-Tax Margin - 3 Yr. Avg. 35%
Net Profit Margin 11.5%
Net Profit Margin - 3 Yr. Avg. 7.4%
Effective Tax Rate 14%
Eff/ Tax Rate - 3 Yr. Avg. 5.6%
Payout Ratio 0%

NEP stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the NEP stock intrinsic value calculation we used $807 million for the last fiscal year's total revenue generated by NextEra Energy Partners. The default revenue input number comes from 0001 income statement of NextEra Energy Partners. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our NEP stock valuation model: a) initial revenue growth rate of 2.3% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 9.9%, whose default value for NEP is calculated based on our internal credit rating of NextEra Energy Partners, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of NextEra Energy Partners.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of NEP stock the variable cost ratio is equal to 61.2%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for NEP stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for NextEra Energy Partners.

Corporate tax rate of 27% is the nominal tax rate for NextEra Energy Partners. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the NEP stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for NEP are equal to 854.6%.

Life of production assets of 33.4 years is the average useful life of capital assets used in NextEra Energy Partners operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for NEP is equal to 5.2%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $2188 million for NextEra Energy Partners - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 54.3 million for NextEra Energy Partners is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of NextEra Energy Partners at the current share price and the inputted number of shares is $2.4 billion.

RELATED COMPANIES Price Int.Val. Rating
TERP TerraForm Powe 11.05 2.63  str.sell
VSLR Vivint Solar 5.56 1.64  str.sell
RUN SunRun 13.12 2.54  str.sell
PEGI Pattern Energy 19.55 2.44  str.sell
PCG PG&E 17.74 11.81  str.sell

COMPANY NEWS

▶ 5 Hard-to-Believe Renewable Energy Facts   [Nov-11-18 09:43AM  Motley Fool]
▶ 3 Top Large-Cap Stocks to Buy Right Now   [Nov-07-18 11:11PM  Motley Fool]
▶ 3 Industries to Own if the Stock Market Keeps Falling   [Oct-30-18 07:06AM  Motley Fool]
▶ 2 Dividend Stocks About to Hit a Major Milestone   [Oct-28-18 08:01AM  Motley Fool]
▶ 10 Top Utility Stocks to Buy for Safety and Dividends   [Oct-23-18 02:30PM  Kiplinger]
▶ NextEra Energy Partners: 3Q Earnings Snapshot   [07:55AM  Associated Press]
▶ NextEra: 3Q Earnings Snapshot   [07:51AM  Associated Press]
▶ 2 Stocks You Can Keep Forever   [Oct-19-18 10:19AM  Motley Fool]
▶ 3 Unknown but Amazing Dividend Stocks   [Oct-18-18 08:13PM  Motley Fool]
▶ Why NextEra Energy Inc (NYSE:NEE) Is An Attractive Investment   [Sep-25-18 09:19AM  Simply Wall St.]
▶ 3 Top Energy Stocks to Buy Right Now   [Sep-24-18 08:46PM  Motley Fool]
▶ 3 Top Renewable Energy Stocks to Watch in September   [Sep-15-18 08:19AM  Motley Fool]
▶ [$$] Energy Future Erases NextEra's $275 Million Oncor Fee   [Sep-13-18 03:16PM  The Wall Street Journal]
▶ 5 High-Yield Dividend Stocks to Watch   [Sep-09-18 09:39AM  Motley Fool]
▶ 5 Companies Hit 52-Week Highs   [Aug-29-18 12:13PM  GuruFocus.com]
▶ 3 Dividend Stocks Ideal for Retirees   [06:31AM  Motley Fool]
▶ 3 High-Yield Stocks to Hold Forever   [Aug-21-18 11:27AM  Motley Fool]
▶ Is NextEra Energy, Inc. a Buy?   [Aug-13-18 09:48AM  Motley Fool]
▶ [$$] NextEra Loses Bid to Collect $60 Million for Failed Oncor Deal   [Aug-02-18 03:03PM  The Wall Street Journal]
▶ NextEra Energy Partners: 2Q Earnings Snapshot   [08:23AM  Associated Press]
▶ NextEra: 2Q Earnings Snapshot   [08:09AM  Associated Press]
▶ 3 Stocks You Can Buy and Hold Forever   [06:19AM  Motley Fool]
▶ An Investor's Guide to Renewable Yieldcos   [Jul-16-18 02:43PM  Motley Fool]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.