NextEra Energy Inc
NEE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$36.00 | Zgqpdr | Gyzydyypm |
NextEra Energy: Florida City Gas Sale Improves NextEra's Sustainability Profile
We are maintaining our $82 per share NextEra Energy fair value estimate after its Florida Power and Light, or FPL, subsidiary announced an agreement to sell its Florida City Gas, or FGC, subsidiary to Chesapeake Utilities Corporation for $923 million. Our narrow moat remains unchanged.