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Will Investors in This High-Yield Stock Regret Its Latest Move?

TheMotleyFool

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Will Investors in This High-Yield Stock Regret Its Latest Move?: https://g.foolcdn.com/editorial/images/754506/investor-regret.jpg

Rising interest rates (and a plummeting stock price) have put NextEra Energy (NYSE: NEE) subsidiary NextEra Energy Partners (NYSE: NEP) in a pickle. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down its latest move, selling its natural gas pipeline business to Kinder Morgan (NYSE: KMI) for $1.82 billion. Will the move pay off, or will the lost cash flows just lead to regret? Check out the video for their thoughts.

*Stock prices used were from the morning of Nov. 7, 2023. The video was published on Nov 10, 2023.

Source Fool.com