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Analysis by NextEra Energy

Analysis by NextEra Energy

13 January 2021

NextEra Energy is one of the largest US energy companies. Includes the following subsidiaries Florida Power & Light (FPL), NextEra Energy Resources (NEER), NextEra Energy Partners (NEP) and NextEra Energy Services. Together with its subsidiaries, the company is the world’s largest wind and solar power generator. In addition to wind and solar energy, NextEra Energy uses natural gas, nuclear and oil-fired installations.

The main competitors of NextEra Energy are also major energy companies such as: Exelon Corp, Southern Co and Duke Energy Corp. It should be noted that #NEE outperforms its competitors in terms of capitalization more than twice.

TTM Revenue: $ 18.2B (-5.3% YoY)

TTM Operating Profit: $ 4.9B (-4% YoY)

Net Income: $ 3.9B (+ 5% YoY)

Earnings per share last quarter: $ 0.66, better than $ 0.65 forecast

The products of energy companies are characterized by low elasticity of demand. Therefore, this sector can be considered resistant to various crises.

Distribution of revenue by business segment:

FPL – 63.49%

NextEra Energy Resources – 29.36%

Gulf Power – 7.15%

EPS forecast for the current quarter: $ 0.36

Recently, the renewable energy sector has been in high demand from investors. Especially against the backdrop of Joe Biden’s victory in the US presidential election. Therefore NextEra Energy is a sustainable company with growth potential.

However, it should be noted that due to the specifics of energy sources, the fourth quarter for the company is usually characterized by lower profit. This is due to the fact that solar panels receive less energy during the winter. Thus, #NEE is truly a company with growth potential.

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    13 January 2021
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