NextEra Energy, Inc. (NEE) is one of the key clean energy companies. The company owns Florida Power and Light Company, one of the biggest vertically integrated electric utilities serving approximately 5.7 million customers. The company also possesses a competitive clean energy company which is the largest global wind and solar-powered renewable energy generator.
The price of NEE stock during the regular trading on February 8, 2022, was $75.4 with a 0.29% decline. At last check in the aftermarket, the stock gained slightly gained 0.30%.
NEE: Events and Happenings
On February 4, 2022, NEE updated that its Executive management will present the company at multiple investor meetings during February. On February 2, 2022, NEE was nominated to the Fortune’s 2022 list of the World’s Most Admired Companies and was positioned number 1 in the electric and gas utility company consecutively for the 15th time.
On January 31, 2022, NEE signed an MoU with Daimler Truck North America and BlackRock Renewable Power in relation to their joint venture. The three companies agreed upon designing, developing, installing, and operating a better-performance charging system for electric and hydrogen fuel cell vehicles. The aim of the venture is the acceleration of the rollout of carbon-neutral freight transportation. Preliminary funding of up to $650 million will be divided equally among the three partners.
NEE: Key Financials
On January 25, 2022, NEE released its financial results for fourth-quarter 2021 ended December 31, 2021. Some of the major updates are as follows.
Revenue
Total operating revenue in Q4 2021 was $5046 million compared to $4395 million in the same period of 2020. The company missed the estimated revenue target by $787.7 million.
EPS
Basic and diluted net earnings per share in Q4 2021 was $953 million or $0.41 compared to a net loss of $191 million or $0.40 in the same quarter of 2020. The company beat the estimated EPS by $0.01 per share.
On January 20, 2022, NEE was updated about the use of its Optos software portfolio by JPMorgan Chase to optimize its energy usage and reduction of carbon footprint.
Conclusion
NEE stock down-performed by 6% in the last half-yearly period. As the company’s stock is increasing in the current aftermarket, there is no recent news or SEC filing available with the company. It is the result of uncertain factors.
