New Fortress Energy

New Fortress Energy, Inc. is a holding company engaged in the management of integrated gas-to-power energy infrastructure. It funds, builds, and operates natural gas infrastructure and logistics to deliver energy solutions. The company was founded by Wesley Robert Edens on February 25, 2014 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

New Fortress Energy excels in Q4, eyes sustainable growth

New Fortress Energy (NFE) delivered strong financial performance in Q4 2022, with a focus on financial stability, operational excellence, and sustainable growth.
The company's strategic strengths lie in securing long-term contracts, disciplined capital allocation, and leveraging market stability to drive revenue growth.
While facing challenges in managing market volatility and executing FLNG projects, NFE has opportunities in clean energy initiatives, global demand for gas and power, and strategic asset integration.

New Fortress Energy posts strong Q1 results, eyes growth opportunities

New Fortress Energy (NFE) reported robust Q1 2023 results, highlighted financial strength, and emphasized operational excellence and growth prospects.
While challenges in market dynamics and operational complexities persist, NFE's strategic focus on integration and expansion presents promising opportunities.
Investors should monitor NFE's progress in executing growth plans, debt reduction strategies, and capitalizing on emerging energy trends for long-term value.

New Fortress Energy reports strong Q2 results and eyes market expansion

New Fortress Energy's Q2 2023 performance reflects growth and operational efficiency, with revenue and EBITDA showing significant improvement.
Despite challenges like CapEx concerns and trading discounts, NFE's strategic investments in infrastructure and market expansions position the company for future growth.
Opportunities in Puerto Rico, Brazil, and hydrogen strategy, along with a focus on cost efficiencies and sustainability, underscore NFE's potential for continued success.

New Fortress Energy reports record earnings and growth opportunities

New Fortress Energy (NFE) showcased strong financial performance, strategic achievements, and a focus on deleveraging and growth opportunities in Q3 2023.
The company's emphasis on fuel switching, asset sales, and organic growth underscores its commitment to enhancing shareholder value and achieving long-term success.
Despite facing challenges in asset sales and regulatory processes, NFE's proactive approach to addressing these issues positions it well for future growth and profitability.

New Fortress Energy excels in Q4 earnings, eyes Brazil growth

New Fortress Energy's Q4 2023 earnings call highlighted strong financial performance, operational achievements, and strategic growth plans in Brazil and Puerto Rico.
While facing challenges related to debt management and revenue diversification, NFE remains well-positioned to capitalize on opportunities in energy markets and project expansions.
By focusing on operational excellence, debt refinancing, and market opportunities, New Fortress Energy aims to sustain its growth trajectory and enhance shareholder value in the energy sector.

New Fortress Energy (NFE) posts solid Q1 results, eyes growth in Puerto Rico and Brazil

New Fortress Energy (NFE) reported strong Q1 performance, focusing on operational excellence and financial discipline. Despite challenges in ships margin and contract terminations, the company remains well-positioned for growth through strategic financing and expansion plans in Puerto Rico and Brazil.

New Fortress Energy faces operational challenges but poised for growth

NFE's Q2 performance impacted by FLNG 1 delay, but strong revenue forecasts and operational progress signal growth potential.
Diversified business model and strategic projects position NFE for revenue generation and financial stability.
Challenges in operational execution, debt management, and CapEx reduction require focused attention for sustained growth.
Opportunities lie in revenue visibility, project expansions, debt refinancing, and enhanced free cash flow post-FLNG 1 completion.

New Fortress Energy (NFE) reports strong Q3 performance and eyes strategic growth opportunities

New Fortress Energy (NFE) demonstrated solid performance in Q3, with key achievements in operational efficiency and financial management. While facing challenges in maintenance impacting guidance, NFE is well-positioned to capitalize on strategic partnerships and market opportunities to drive growth and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cool Co Ltd

Capital Product Partners

Dynagas LNG Partners LP

Excelerate Energy Inc

Flex Lng Ltd

Golar LNG

Nippon Yusen KK

Shell PLC

The UP World LNG Shipping Index (UPI) lost 1.24% last week, while the S&P 500 index gained 0.55%.

LNG Shipping Stocks: Preparation For A Bullish Move

Catalyst Pharmaceuticals

Leonardo DRS Inc

Investing in discounted stocks for big gains is a time-tested strategy. Although short-term market fluctuations may capture the attention of many, companies with sustainable growth prospects often prove to be the most lucrative investments over time.

Dirt-Cheap Delights: 3 Discounted Stocks That Could Triple by 2026

New Linde PLC

The United Nations is aiming for a Net Zero Emission by 2050, and because of that, hydrogen has become a viable alternative to fossil fuels. Hydrogen holds a huge potential in the future of clean energy, and investing in hydrogen stocks — while they're still affordable — should be an investor's natural response.

Hydrogen Stock Steals: 3 Underpriced Plays to Capitalize on the Boom

New Fortress (NFE) states that the power plant will provide firm power capacity under the 15-year capacity reserve contract, obtained from Denham Capital and CEIBA Energy.

New Fortress (NFE) Advances Construction of 1.6GW Power Plant

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today announced that it has finalized and executed an engineering, procurement and construction contract (the “EPC Contract”) with a consortium formed by Mitsubishi Power Americas and Andrade Gutierrez (the “MHI/AG Consortium”) for a 1.6 GW power plant to be built adjacent to the Barcarena LNG terminal. NFE has also issued full Notice to Proceed to the MHI/AG Consortium to begin construction work under th.

New Fortress Energy Signs EPC Contract and Begins Construction of 1.6 GW Power Plant to Serve 15-Year Agreement in Brazil

AGCO

Rio Tinto plc Sponsored

While the equities market offers a variety of engagement opportunities, arguably the best approach is to consider long-term stocks to buy now. Why the urgency?

3 Long-Term Stocks to Buy Now: Q2 Edition

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) plans to announce its financial results for the first quarter 2024 prior to 8:00 A.M. Eastern Time on Wednesday, May 8th, 2024. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Wednesday, May 8th, 2024 at 8:00 A.M. Eastern Time. The conference call may be accesse.

New Fortress Energy Schedules First Quarter 2024 Earnings Release and Conference Call

New Fortress Energy recently received a significant amount of cash from selling plants in Puerto Rico, which could enhance its valuation multiples. The company has a strong logistics structure and specializes in liquefied natural gas, with processing plants and distribution networks in various locations. New opportunities in Santa Catarina, Brazil, and new contracts may lead to significant net sales growth and further expansion of the company.

New Fortress Energy's Recent Contracts Could Enhance The Stock Price

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today that management will host a conference call on Monday, March 25, 2024, at 11:00 am Eastern Time to discuss the Company's transformative transactions in Puerto Rico and Brazil. The conference call may be accessed by dialing (888) 224-1005 (toll-free from within the U.S.) or +1-323-701-0225 (from outside of the U.S.); please reference “NFE Company Update” or conference code 9397787. A simultaneous we.

New Fortress Energy to Host Investor Call to Discuss its Transformative Transactions in Puerto Rico and Brazil

The transaction aligns with New Fortress Energy's (NFE) big goal to help fight energy shortage and make clean, reliable energy more available worldwide.

New Fortress (NFE) Sells Power Plants, Secures Supply Deal

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) has completed the previously announced acquisition and transfer of a 1.6 GW Capacity Reserve Contract (“PortoCem PPA” or “PPA”) from Ceiba Energy, a portfolio company of Denham Capital, in exchange for newly issued NFE redeemable Series A Convertible Preferred Stock and the assumption of certain liabilities from a subsidiary of Ceiba Energy. Construction activities for the 1.6 GW power plant have commenced at NFE'.

New Fortress Energy Completes Previously Announced Acquisition and Transfer of 1.6 GW, 15-year Contracted Power Asset in Brazil

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) today announced the early results of its previously announced cash tender offer (the “Tender Offer”) to purchase for cash up to $375,000,000 in aggregate principal amount (as such aggregate principal amount may be increased or decreased by the Company, the “Aggregate Maximum Principal Amount”) of its outstanding 6.750% Senior Secured Notes due 2025 (the “Notes”), subject to the terms and conditions set forth in th.

New Fortress Energy Inc. Announces Early Results of its Cash Tender Offer for its 6.750% Senior Secured Notes due 2025

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) is pleased to announce two transactions that further solidify our commitment to providing affordable and sustainable energy solutions in Puerto Rico. The Company sold the emergency power plants it constructed on behalf of the U.S. Army Corps of Engineers in San Juan and Palo Seco to PREPA for $373 million in cash, subject to certain items and conditions. These plants were developed by the Company in 2023 in rapid.

New Fortress Energy Announces Transformative Transactions in Puerto Rico

Chart Industries

Energy Vault Holdings

The slump in the hydrogen space, marked by a 20% year-to-date slide in the Global X Hydrogen ETF (NASDAQ: HYDR ), underscores a market teeming with undervalued hydrogen stocks. The market correction presents an excellent opportunity for investors bullish on undervalued hydrogen stocks to capitalize on their potential.

The 3 Most Undervalued Hydrogen Stocks to Buy in March 2024

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today the pricing of its previously announced private offering of $750 million aggregate principal amount of senior secured notes due 2029 (the “Notes”). The aggregate principal amount represents an increase in the size of the offering of $250 million from the previously announced offering of $500 million. The Notes will bear interest at 8.750% per annum and will be issued at an issue price equal to 100%.

New Fortress Energy Announces Upsizing and Pricing of $750 Million of Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) previously announced the commencement of a tender offer (the “Tender Offer”) to purchase for cash up to $250,000,000 in aggregate principal amount of its outstanding 6.750% Senior Secured Notes due 2025 (the “Notes”). The Company hereby amends the Tender Offer to purchase for cash up to $375,000,000 in aggregate principal amount of the Notes (as such aggregate principal amount may be increased or decreased by the.

New Fortress Energy Inc. Announces Increase to Previously Announced Cash Tender Offer for its 6.750% Senior Secured Notes due 2025

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) today announced the commencement of a tender offer (the “Tender Offer”) to purchase for cash up to $250,000,000 in aggregate principal amount (as such aggregate principal amount may be increased or decreased by the Company, the “Aggregate Maximum Principal Amount”) of its outstanding 6.750% Senior Secured Notes due 2025 (the “Notes”). The Tender Offer is being made pursuant to an Offer to Purchase, dated March 5,.

New Fortress Energy Inc. Announces Cash Tender Offer for up to $250,000,000 of its 6.750% Senior Secured Notes due 2025

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today that it intends to offer $500 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) in a private offering, subject to market and other conditions. Subject to certain exceptions and thresholds, the Notes will be guaranteed on a senior secured basis by each domestic subsidiary and foreign subsidiary that is a wholly-owned restricted subsidiary of the Company, other than ce.

New Fortress Energy Announces Proposed Offering of $500 Million of Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--New Fortress Energy, Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its Terminal Gas Sul (“TGS”) LNG terminal located in Santa Catarina, Brazil, is now operational with the Energos Winter Floating Storage Regasification Unit (FSRU) on-site. TGS is an offshore LNG import terminal with a capacity of approximately 6 MTPA (300 TBtu) and maximum send out of 500 mmscf/day. The terminal includes the Winter FSRU and a 33-kilometer, 20-inch pipeline, which co.

New Fortress Energy Places Terminal Gas Sul LNG Terminal in Santa Catarina, Brazil into Operation

New Fortress Energy (NFE) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.87 per share a year ago.

New Fortress Energy (NFE) Q4 Earnings and Revenues Top Estimates

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the fourth quarter and for the year ended December 31, 2023. Summary Highlights Adjusted EBITDA(1) of $388 million in the fourth quarter of 2023 and $1.3 billion in the full year 2023 Net income of $215 million in the fourth quarter of 2023 and $549 million in the full year 2023 Adjusted EPS(2) of $1.01 on a fully diluted basis in the fourth quarter of 2023 and $2.

New Fortress Energy Announces Record Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site. NFE cohosted an event on-site to celebrate the terminal's commissioning with the state government of Pará and the Ministry of Mines and Energy for Brazil, including Helder Barbalho, the Governor of Pará, and Alexandre Sil.

New Fortress Energy Places Barcarena LNG Terminal in Pará, Brazil into Operation

New Fortress Energy (NFE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

New Fortress Energy (NFE) Earnings Expected to Grow: Should You Buy?

Apollo Global Management

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced that it has completed the sale of its 20% equity interest in Energos Infrastructure (“Energos”) to funds managed by Apollo (NYSE: APO) (the “Apollo Funds”). The Company intends to use net proceeds from this transaction for general corporate purposes, including repaying debt and investing in accretive downstream projects. Energos is a global maritime infrastructure company formed by NFE and Apollo Funds i.

New Fortress Energy Completes Sale of Stake in Energos Infrastructure

In today's world, there are companies working hard and constantly to provide us with a much cleaner and greener ecosystem. This starts with the way we produce the energy we consume on a daily basis.

News for New Fortress Energy Stock (NFE)