NextEra Energy Partners, LP (NEP) saw its stock price plunge by 29.62 percent, during Tuesday morning trading after XPLR Infrastructure, a unit of NEP, announced it would suspend its dividend indefinitely.
The stock is down $4.68, now trading at $11.12, with price fluctuations between $10.69 and $12.65 today on the New York Stock Exchange.
The stock's 52-week range is $10.69 to $35.15, close to its yearly low. Trading volume has surged to over 10 million shares, much higher than the usual 2 million, indicating increased investor activity.
This sharp decline is a setback for investors who had relied on NEP's dividend payouts.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.