How Does NextEra Energy Partners, LP (NEP) Make Money?

Price: $10.54
Market Cap: $985.85M
Avg Volume: 2.92M
Country: US
Industry: Renewable Utilities
Sector: Utilities
Beta: 1.067
52W Range: $8.42-35.15
Website: NextEra Energy Partners, LP

Revenue Breakdown Overview

NextEra Energy Partners, LP generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:

Product & Service Revenue Segments

NextEra Energy Partners, LP's revenue comes from the following main product/service categories (Total Revenue: $1.28B):

  • Natural Gas Transportation Services: $222.00M (17.3% of total)
  • Renewable Energy Sales: $1.06B (82.7% of total)

Geographic Revenue Distribution

The company's revenue is distributed across these geographic regions (Total Revenue: $125.00M):

  • Non-US: $125.00M (100.0% of total)

Revenue by Product Segment (2023)

Natural Gas Transportation Services: $222.00M (17.3%)
Renewable Energy Sales: $1.06B (82.7%)
Natural Gas Transportation Services $222.00MRenewable Energy Sales $1.06B

Revenue by Geographic Region (2023)

Non-US: $125.00M (100.0%)
Non-US $125.00M

Revenue Segments Over Time

Natural Gas Transportation Services
Renewable Energy Sales
$3.00B$3.00B$2.70B$2.70B$2.40B$2.40B$2.10B$2.10B$1.80B$1.80B$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00$215.00M$2.10B$1.90B$1.80B$1.60B$222.00M$513.00M$728.00M$212.00M$2.31B$202.00M$2.10B$191.00M$1.99B$180.00M$1.78B$1.06B$1.28B201820182019201920202020202120212022202220232023

Historical Revenue by Product Segment

Year Total Revenue Natural Gas Transportation Services Renewable Energy Sales
2023 $1.08B $222.00M $1.06B
2022 $1.21B $1.60B $180.00M
2021 $982.00M $1.80B $191.00M
2020 $917.00M $1.90B $202.00M
2019 $855.00M $2.10B $212.00M
2018 $771.00M $215.00M $513.00M

Geographic Revenue Over Time

$317.00M$317.00M$285.30M$285.30M$253.60M$253.60M$221.90M$221.90M$190.20M$190.20M$158.50M$158.50M$126.80M$126.80M$95.10M$95.10M$63.40M$63.40M$31.70M$31.70M$0.00$0.00$265.00M$265.00M$275.00M$275.00M$234.00M$234.00M$125.00M$125.00M20162016201720172018201820192019

Historical Revenue by Geographic Region

Year Total Revenue Non-US
2019 $855.00M $125.00M
2018 $771.00M $234.00M
2017 $807.00M $275.00M
2016 $715.00M $265.00M

Related Metrics

Explore detailed financial metrics and analysis for NEP.