Next Era Energy Partners - 500 Beiträge pro Seite

[R-BgO]

...noch eine weitere YieldCo.

[R-BgO]

Ausschüttungsrendite derzeit gut 4%:

http://www.investor.nexteraenergypartners.com/phoenix.zhtml?…

[nickelich]

Mit Engagements in Solar sind schon so viele Anleger unglücklich geworden. Längerfristige Charts sprechen auch hier Bände. Wildschwankende Kurse gibt es auch in anderen engen Märkten

[R-BgO]

Antwort auf Beitrag Nr.: 50.753.901 von nickelich am 01.10.15 16:30:03

"Solar"

ist ja auch ein ziemlich vages Etikett....

Hast Du überhaupt mal geschaut, was hier dahintersteckt?

[nickelich]

Antwort auf Beitrag Nr.: 50.754.213 von R-BgO am 01.10.15 16:59:26

Ja, deswegen würde ich das nicht anfassen.

[cmeise]

Antwort auf Beitrag Nr.: 50.754.213 von R-BgO am 01.10.15 16:59:26

Mir ist nicht ganz klar, warum es noch die NextEra Energy Partners neben der viel grösseren NextEra Energy gibt? Auch letztere halten besitzt ein grosses Portfolio an "erneuerbaren Energien" (Was das in den USA meint).
Im Laufe des Jahres werden sie HEI, Hawaii Electric übernehmen, einem solide und langjährig profitablem Versorger (auch börsennotiert) mit der höchsten PV Dichte in den USA.

[R-BgO]

Antwort auf Beitrag Nr.: 50.754.594 von nickelich am 01.10.15 17:40:15

Du hast es Dir angeschaut,

und würdest es deshalb nicht anfassen?


Oder hast Du es NICHT angeschaut und würdest es deshalb nicht anfassen?

[cmeise]

Antwort auf Beitrag Nr.: 50.755.158 von cmeise am 01.10.15 18:50:13

Hier noch ein paar weitere:

http://brookfieldrenewable.com/content/investor_relations/di…
http://investors.hannonarmstrong.com/GenPage.aspx?IID=437692…
http://investor.nrgyield.com/phoenix.zhtml?c=251846&p=irol-d…
http://investors.patternenergy.com/dividends.cfm

[R-BgO]

NextEra to Invest $100 Million in Energy Storage Technology

September 30, 2015
By Christopher Martin and Jim Polso, Bloomberg

NextEra Energy Inc. plans to invest $100 million in energy-storage systems over the next year to back up its fleet of solar and wind energy plants.


NextEra is the world’s biggest producer of wind and solar power, and will use the battery systems to manage energy fluctuations caused by cloudy weather and lulls in the wind, Jim Robo, chief executive officer of the Juno Beach, Florida-based company, said Tuesday at an analyst conference.

Power companies are showing more interest in storage, especially batteries, which are becoming cheaper. The technology offers the potential to make intermittent power sources more reliable and more affordable, Robo said.

“Battery storage is the holy grail of the renewables business,” Robo said at the Wolfe Research Power & Gas Leaders conference in New York. “If we can deliver firm power to our renewable customers at a cost-effective rate, you’ll see renewables explode even faster than they already are.”

Robo’s NextEra Energy Partners LP, formed last year to own and operate the parent company’s portfolio of renewable energy plants, has lost more than half its market value since June 1. It’s one of several similar holding companies that have slumped in recent months amid concerns that rising interest rates may make it harder for them to buy more power projects. Robo said that may give NextEra an opportunity to increase market share.

NextEra will initially test the storage systems in markets including California, Arizona and the Northeast U.S., where power prices are typically highest or regulations offer premiums for storage capacity.
“This has the potential to be an extremely big market,” Robo said.

[cmeise]

q3 EPS auf 5 Cent gesunken - Distribution auf 27 Cent angehoben.
http://phx.corporate-ir.net/external.file?t=2&item=o8hHt1602…

[R-BgO]

Antwort auf Beitrag Nr.: 50.978.412 von cmeise am 01.11.15 09:35:26

ergibt aktuell 4,2% Ausschüttung

[R-BgO]

Investors Awaken to NextEra YieldCo

November 11, 2015


by Debra Fiakas CFA

Last week NextEra Energy Partners, LP (NEP: NYSE) reported financial results for the third quarter ending September 2015. The numbers were released in along with quarter results from its parent, Florida-based utility NextEra Energy, Inc. (NEE: NYSE). The partnership is the operating arm of clean energy projects originated by the NextEra parent. The ‘yieldco’ as these operating entities have been kindly dubbed by shareholders, delivered $1.0 million in reported net income, but operating cash flow was a whopping $36 million in the quarter.

The consensus estimate had been for $0.24 in earnings per share, but NEP delivered only a nickel. The shortfall should not have been such a surprise. The company has missed the consensus estimate in each of the last four quarters. This might be due in part to the fact that NEP has only been public for just over a year. Analysts may still be having trouble rationalizing NEP’s business prospects after the Company’s well publicized initial public offering last year.

Over the previous two and a half years NEP had converted 53.3% of sales to operating cash flow. True enough the sales-to-cash conversion rate did slip slightly to 35% in the recently reported quarter. However, some seasonal variability is expected in the wind and solar energy sources that comprise NEP’s revenue sources. The company ended the September quarter with $696 million in cash and equivalents derived in part from operating activities.

Cash is a critical element in NEP’s growth strategy. The company is expected to continue acquiring renewable and alternative energy assets, some of which could come from the stream of energy projects under development by its parent or sponsor NextEra Energy. NEP recently acquired natural gas pipelines in Texas and a wind project in Canada.

The company also raised $319 million in new capital from the sale of new common units during the first nine months of 2015. Going forward NEP has announced a new $150 million ‘dribble program’ whereby the company could issue new common units from time to time. This program will allow the parent NextEra Energy to purchase units in periods of undervalued.

NEP management has suggested that acquisition plans to grow its portfolio of energy assets could eventually support distributions in excess of $1.20 per unit over the next five years. This compares to the current distribution rate at $1.08 per unit. The current distribution rate represents a current yield of 4.0%.

The yield might appear attractive, but the stock appears to be priced at a premium with a price-to-earnings multiple of 92.2 times trailing earnings. Importantly, the price-to-cash flow multiple on a trailing basis is 5.2 times. Since cash generation is NextEra’s forte, it seems appropriate to price the the basis of cash flows rather than reported earnings that include considerable noise from non-cash charges.

The stock hit 52-week low of $19.34 in late September as traders had seemed to remain stubbornly focused on each successive quarter earnings miss. There appears to have been an awakening among traders to the value in NEP. The stock has been attempting a comeback in recent weeks. Money flows into the stock turned positive in late October just as the company was preparing to release third quarter results. In my view, NEP is at an interesting point and is worth a serious look for yield-hungry investors.

Debra Fiakas is the Managing Director of Crystal Equity Research, an alternative research resource on small capitalization companies in selected industries.
Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.

[R-BgO]

Auschüttung

wird auf 30,75c pro Quartal erhöht...

[R-BgO]

Antwort auf Beitrag Nr.: 51.610.318 von R-BgO am 29.01.16 12:26:22

inzwischen 34,125c

[R-BgO]

rausgeschmissen wegen Nichtanrechnung der US-Quellensteuer

[Dividendenabstauber]

Du hast keine Quellensteuer bezahlt, US Einkommenssteuer mit dem Höchstsatz von 39,6% wurde da gerechnet. Nicht refundierbar, steht so im DBA. Dass die Deutsche Finanz dies nicht anrechnet, eine SAUEREI.

[R-BgO]

Antwort auf Beitrag Nr.: 54.351.271 von Dividendenabstauber am 17.02.17 20:47:14

Njet!

Wird nicht wie'n MLP behandelt, sondern so:



und




=> effektive Steuerbelastung also 41,4% (evtl. kann man was über die Steuererklärung wiederholen, aber bin da nicht mehr so optimistisch wie früher)

[Dividendenabstauber]

Werde mir das mal genauer anschauen. Für mich als ÖSI stellt es sich möglicherweise anders da, unterschiedliche Steuersysteme halt.

[R-BgO]

2017 war mal wieder ein Verlustjahr, Zahlen kamen vergangenen Freitag

[R-BgO]

Antwort auf Beitrag Nr.: 56.885.129 von R-BgO am 31.01.18 12:26:48

immer abwechselnd:

dieses Mal wird es einen Gewinn geben, weil die kanadischen Aktivitäten verkauft worden sind

[R-BgO]

Ausschüttung inzwischen 48,75c/Q