Form 8-K NextEra Energy Partners, For: Aug 03

Go back to Form 8-K NextEra Energy Partners, For: Aug 03

NextEra Energy Partners (NEP) Misses Q2 EPS by 6c

August 3, 2015 7:35 AM EDT

NextEra Energy Partners (NYSE: NEP) reported Q2 EPS of $0.16, $0.06 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $107 million versus the consensus estimate of $112.21 million.

NextEra Energy Partners has entered into an agreement to acquire NET Midstream, a privately held developer, owner and operator of a portfolio of seven long-term contracted natural gas pipeline assets located in Texas. NET Midstream's pipeline assets are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and residential, commercial and... More