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.

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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.

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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?

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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.

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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) plans to announce its financial results for the fourth quarter 2023 prior to 8:00 A.M. Eastern Time on Thursday, February 29th, 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 Thursday, February 29th, 2024 at 8:00 A.M. Eastern Time. The conference call may.

New Fortress Energy Schedules Fourth Quarter 2023 Earnings Release and Conference Call

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MoneyShow presents top investment ideas for 2024 from their contributors. This year's edition presents a broad mix of conservative income stocks, more speculative but potentially more rewarding growth stocks, as well as ETF recommendations that target commodities, cryptocurrencies, and fixed income.

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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced that U.S. Customs and Border Protection has issued a ruling confirming that the transportation of LNG produced at the Company's FLNG facility located offshore Altamira, Mexico by non-U.S. qualified vessels would not violate the Jones Act. As a result of this ruling, NFE is now able to sell and deliver LNG produced at its FLNG facility located offshore Altamira, Mexico to U.S. locations, including Puerto.

New Fortress Energy Receives Customs Ruling for Its FLNG Facility

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Another Great Quarter And Year For LNG Shippers

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NEW YORK , Jan. 8, 2024 /PRNewswire/ -- Energos Infrastructure ("Energos" or the "Company"), an international marine LNG infrastructure company, majority-controlled by Apollo-managed funds (NYSE: APO) and minority shareholder New Fortress Energy Inc. (NASDAQ: NFE) ("NFE"), today announced that the Company has completed the acquisition of two state-of-the-art Floating Storage and Regasification Units ("FSRUs") from affiliates of Dynagas. The two 174,000 m3 closed-loop FSRUs, built in 2021, will be renamed Energos Force and Energos Power.

Energos Infrastructure Announces Transformative Marine LNG Asset Transaction with Long Term Charter Contracts in Germany

New Fortress (NFE) signs an agreement to acquire PortoCem PPA to increase its energy footprint by leveraging its existing LNG terminals, Barcarena and TGS in Brazil.

New Fortress (NFE) Boosts Presence in Brazil, Buys Power Asset

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced that it has entered into a definitive agreement to acquire 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. Following customary closing conditions including regulatory approval fo.

New Fortress Energy Adds 1.6 GW, 15-year Contracted Power Asset to Existing Brazilian Infrastructure Portfolio

New Fortress Energy has seen a surge in its stock price following a solid Q3 report, though consensus 2024 EPS forecasts have retreated. The company operates in the LNG-to-power infrastructure sector and has projects in Puerto Rico, Mexico, and Brazil. Despite some risks, NFE's valuation is strong and its growth prospects are positive, making it an attractive investment option.

New Fortress: EPS Estimates Tempered, But Share Price Momentum Stands Out

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New Fortress Energy, Inc. (NASDAQ:NFE ) Q3 2023 Earnings Conference Call November 8, 2023 8:00 AM ET Company Participants Chance Pipitone - Managing Director of Strategy and Investor Relations Wesley Edens - Chairman and Chief Executive Officer Christopher Guinta - Chief Financial Officer Andrew Dete - Managing Director of New Fortress Energy Brannen McElmurray - Chief Development Officer of New Fortress Energy Kenneth Nicholson - Director of Fortress Transportation and Infrastructure Investors LLC Conference Call Participants Chris Robertson - Deutsche Bank Benjamin Nolan - Stifel, Nicolaus & Company, Inc. Sam Margolin - Wolfe Research, LLC Craig Shere - Tuohy Brothers Ryan Levine - Citigroup Inc. Operator Good morning, everyone, and welcome to the NFE Third Quarter 2023 Earnings Conference Call. Today's conference is being recorded and all phone participants are in a listen-only mode.

New Fortress Energy, Inc. (NFE) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the third quarter of 2023. Summary Highlights Adjusted EBITDA(1) of $208 million in the third quarter of 2023 and $895 million in the first nine months of 2023 Net income of $62 million in the third quarter of 2023 and $334 million in the first nine months of 2023 Adjusted EPS(2) of $0.30 on a fully diluted basis in the third quarter of 2023 and $1.78(2) in the fir.

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