Price: $60.1700
$0.09
0.150%
|
Day's High:
| $60.38
| Week Perf:
| 5.28 %
|
Day's Low: |
$ 59.52 |
30 Day Perf: |
5.06 % |
Volume (M): |
1,646 |
52 Wk High: |
$ 79.78 |
Volume (M$): |
$ 98,229 |
52 Wk Avg: |
$65.64 |
Open: |
$59.20 |
52 Wk Low: |
$47.15 |
|
|
Market Capitalization (Millions $) |
122,179 |
Shares
Outstanding (Millions) |
2,031 |
Employees |
15,000 |
Revenues (TTM) (Millions $) |
28,114 |
Net Income (TTM) (Millions $) |
6,282 |
Cash Flow (TTM) (Millions $) |
-21 |
Capital Exp. (TTM) (Millions $) |
0 |
Nextera Energy Inc
General.'FPL was incorporated under the laws of Florida in 1925 and is a wholly-owned
subsidiary of FPL Group.'FPL supplies electric service to a population of more
than eight million throughout most of the east and lower west coasts of Florida.
The underlying concept of utility ratemaking is to set rates at a level that
allows the utility the opportunity to collect from customers total revenues
(revenue requirements) equal to its cost of providing service, including a reasonable
rate of return on invested capital.'To accomplish this, the FPSC uses various
ratemaking mechanisms.
Energy Marketing and Trading.'EMT, a division of FPL, buys and sells wholesale
energy commodities, such as natural gas, oil and electric power.'EMT procures
natural gas and oil for FPLs use in power generation and sells excess gas and
electric power.'EMT also uses derivative instruments, such as swaps, options,
futures and forwards to manage the commodity price risk inherent in fuel purchases
and electricity sales and purchases.'Substantially all of the results of EMTs
activities are passed through to customers in the fuel or capacity clauses.'
Electric and Magnetic Fields.'In recent years, public, scientific and regulatory
attention has been focused on possible adverse health effects of EMF.'These
fields are created whenever electricity flows through a power line or an appliance.
Several epidemiological (i.e., statistical) studies have suggested a linkage
between EMF and certain types of cancer, including childhood leukemia and adult
lymphoma associated with occupational exposure; other studies have been inconclusive,
contradicted earlier studies or have shown no such linkage.'Neither these epidemiological
studies nor clinical studies have produced any conclusive evidence that EMF
does or does not cause adverse health effects.'In 1999, the National Institute
of Environmental Health Sciences, at the culmination of a five-year federally
supported research effort, pronounced that the scientific support for an EMF-cancer
link is margina l and concluded that the probability that EMF exposure is truly
a health hazard is small but cannot be completely discounted.'In 2001, the IARC
conducted an evaluation of power frequency EMF and cancer; it classified power
frequency magnetic fields as "possibly carcinogenic" based on an association
with childhood leukemia reported in some epidemiology studies.'The IARC did
not conclude that power frequency EMF cause or contribute to the development
of childhood leukemia or any other cancer.
Competition.'FPL currently faces competition from other suppliers of electrical
energy to wholesale customers and from alternative energy sources and self-generation
for other customer groups, primarily industrial customers. Various states, other
than Florida, have enacted legislation or have state commissions that have issued
orders designed to allow retail customers to choose their electricity supplier.'
This regulatory restructuring is expected to result in a shift from cost-based
rates to market-based rates for energy production and other services provided
to retail customers. Although the legislation and initiatives vary substantially,
common areas of focus include when market-based pricing will be available for
wholesale and retail customers, what existing prud ently incurred costs in excess
of the market-based price will be recoverable and whether generating assets
should be separated from transmission, distribution and other assets.'It is
generally believed transmission and distribution activities would remain regulated.'
Recently, these state restructuring efforts have diminished, and several states
have delayed the implementation or reversed previously approved restructuring
legislation and rules.'Management believes it is unlikely there will be any
state actions to restructure the electric industry in Florida in the near future.
Company Address: 700 Universe Boulevard Juno Beach 33408 FL
Company Phone Number: 694-4000 Stock Exchange / Ticker: NYSE NEE
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Customers Net Income fell by |
NEE's Customers Net Profit Margin fell to |
-9.52 % |
7.82 %
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Stock Performances by Major Competitors |
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Stock Offering
Published Wed, Feb 28 2024 4:30 AM UTC
NextEra Energy Capital Holdings, Inc., a subsidiary of NextEra Energy, Inc., recently announced the pricing of $1.0 billion in aggregate principal amount of its Series Q junior subordinated debentures due September 1, 2054. This strategic move is expected to have a significant impact on the company's shareholders. With NextEra Energy Inc. currently having 2030.55555...
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Nextera Energy Inc
Nextera Energy Inc, one of the leading electric utilities companies, recently faced a decline in its earnings per share (EPS) despite a significant increase in revenue during the October to December 31, 2023 period. While the income fell by 24.09% to $0.57 per share, revenue experienced substantial growth of 11.567% to $6.88 billion compared to the same period in the previous year. In an industry where many entities are struggling with diminishing transactions and retracting top-line, Nextera Energy Inc managed to flourish in the fourth quarter of 2023. This showcases the company's ability to navigate challenging market conditions while still maintaining revenue growth.
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Dividend
Published Fri, Feb 16 2024 5:06 PM UTC
NextEra Energy Increases Quarterly Dividend by 10% NextEra Energy, Inc. (NYSE: NEE) has recently announced a significant increase in their regular quarterly common stock dividend. The board of directors declared a dividend of $0.515 per share, marking a 10% increase compared to the prior-year dividend. This decision reinforces the company's commitment to providing value...
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Nextera Energy Inc
Nextera Energy, one of the leading renewable energy companies, recently announced its Q3 2023 financial results. The mixed bag of results reveals a growth in revenue, albeit at a slower pace, while income per share experienced a significant decline. This article aims to analyze these conflicting figures and examine their potential impact on Nextera Energy going forward. Revenue Growth and Income Per Share Decrease: Nextera Energy witnessed a 6.742% increase in revenue, surpassing the $7 billion mark in Q3 2023. Although this growth is appreciable, it is important to note that it represents a slower pace of expansion compared to the previous year. Furthermore, the income per share saw a notable decline of -30.23%, reaching $0.60 per share from $0.86 in the prior year quarter.
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Nextera Energy Inc
Nextera Energy Inc (NEE) has recently released its financial data for the period ending June 30, 2023, which indicates a significant increase in income per share and revenue compared to the previous year. However, despite these positive figures, there are several aspects of the company's performance that present a bearish outlook. While income per share has rallied by an impressive 97.14% to $1.38 relative to the previous year, it is important to note that this growth is coming from a relatively low base. In addition, the company's revenue growth of 41.79% to $7.35 billion is commendable but might not be sustainable in the long term.
|
Per Share |
Current |
Earnings (TTM) |
3.59 $ |
Revenues (TTM) |
13.85 $
|
Cash Flow (TTM) |
- |
Cash |
1.32 $
|
Book Value |
28.45 $
|
Dividend (TTM) |
1.87 $ |
|
Per Share |
|
Earnings (TTM) |
3.59 $
|
Revenues (TTM) |
13.85 $ |
Cash Flow (TTM) |
- |
Cash |
1.32 $
|
Book Value |
28.45 $ |
Dividend (TTM) |
1.87 $ |
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FPL |
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Segment |
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|
of total Revenue |
Energy |
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Segment |
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of total Revenue |
Corporate & Other |
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Segment |
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of total Revenue |
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Nextera Energy Inc's Operating Statistics
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Decrease / Increase
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Residential Energy Sales (thousands MWh) |
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Commercial Energy Sales (thousands MWh) |
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Industrial Energy Sales (thousands MWh) |
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Total Energy Sales (thousands MWh) |
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Residential Average price (cents/kwh) |
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Commercial Average price (cents/kwh) |
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Industrial Average price (cents/kwh) |
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Total Average price (cents/kwh) |
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Residential Customers (thousands) |
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Commercial Customers (thousands) |
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Industrial Customers (thousands) |
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Total Customers (thousands) |
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Residential Usage per Customer (kWh) |
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Commercial Usage per Customer (kWh) |
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Industrial Usage per Customer (kWh) |
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Total Usage per Customer (kWh) |
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Residential Avg. Revenue per Customer ($) |
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Commercial Avg. Revenue per Customer ($) |
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Industrial Avg. Revenue per Customer ($) |
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Total Avg. Revenue per Customer ($) |
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