JUNO BEACH, Fla., July 9, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) announced the appointment of Geoffrey S. Martha to its board of directors."We're pleased to welcome Geoff to the NextEra Energy board of directors," said John Ketchum, chairman, president and chief executive officer of NextEra Energy. "With extensive finance and business expertise, Geoff brings to our board a proven track record as a leader and strategist in capital markets, global business, technology and manufacturing. Under G ...

Loading... Loading... NextEra Energy Partners LP NEP shares tanked in early trading on Monday. The company has a "challenging road ahead," with "insufficient growth from wind repowering and the looming ~$3.7B CEPF liabilities post-2026," according to RBC Capital Markets. The NextEra Energy Partners Analyst: Shelby Tucker downgraded the rating for NextEra Energy Partners from Outperform to Sector Perform, while reducing the price target from $38 to $30. The NextEra Energy Partners Thesis: The suite of soluti ...

NextEra Energy (NEE) closed at $73.72 in the latest trading session, marking a +0.48% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.09%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.3%. The the stock of parent company of Florida Power & Light Co. Has fallen by 4.32% in the past month, lagging the Utilities sector's loss of 3.42% and the S&P 500's gain of 3.38%. The investment community will be closely monit ...

Data center electricity demand could boost existing tailwinds for solar energy. Energy company NextEra Energy (NEE 0.53%) has been a stellar investment over the years, handily outperforming the S&P 500. A $10,000 investment at the company's IPO would be worth over $700,000 today. Understandably, squeezing out life-changing investment returns gets harder as companies grow larger, and NextEra Energy carries a hefty $150 billion market cap today. Still, investors shouldn't discount NextEra Energy's wealth-buil ...

Investors with an interest in Utility - Electric Power stocks have likely encountered both Entergy (ETR) and NextEra Energy (NEE) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revis ...

Renewable energy is one of the most promising industries, with a market size valued at 1.09 trillion in 2023 and expected to reach 2.45 trillion by 2032. The increase in global consciousness of climate change hasn’t changed. Subsidies and tax incentives for renewable energy companies have more than doubled from 7.4 billion in FY 2016 to 15.6 billion in FY 2022. Currently, at 1.21 trillion in global market size in 2023, the industry is expected to grow at a compound annual growth rate (CAGR) of 17.2% between ...

NextEra Energy's shares have been on a run, which will materially reduce the attractiveness of the stock for many investors. Over the past three months, the average utility stock in the S&P 500 index has gained around 10% using Utilities Select Sector SPDR ETF as an industry proxy. That compares to a roughly 6% advance for the broader S&P 500 Index. But NextEra Energy (NEE 0.48%) gained more than 20% over the same period, which is nothing short of impressive. Have you missed out? Maybe, but it depends on yo ...

NextEra Energy (NEE) closed the latest trading day at $72.81, indicating a +0.48% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.16%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq lost 0.18%. Shares of the parent company of Florida Power & Light Co. Witnessed a loss of 3.8% over the previous month, beating the performance of the Utilities sector with its loss of 5.2% and underperforming the S&P 500's gain of 3.15%. Analysts and investors ...

Key Takeaways NextEra Energy said it plans to sell about $2 billion of equity units, which will require purchasers to buy its stock. NextEra said it will use the money raised to fund investments in new projects and possibly to pay back debt. The offer will also include a debenture in the company's NextEra Energy Capital Holdings unit. NextEra Energy shares declined in intraday trading Tuesday following the news. NextEra Energy (NEE) shares dropped over 3% in intraday trading Tuesday after the renewable ener ...

Any drop in the clean energy stock is an opportunity to buy. Here's why. Shares of NextEra Energy (NEE -3.33%) slipped 4.6% in early trading Tuesday morning as investors reacted to the latest announcement from the clean energy giant. NextEra Energy needs funds to grow NextEra Energy has announced plans to sell equity units worth $2 billion to investment banks Wells Fargo Securities and BofA Securities priced at $50 per unit. Since equity unit offerings combine debt and common stock, each equity unit will se ...