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

Chevron

Dynagas LNG Partners LP

Excelerate Energy Inc

Flex Lng Ltd

Golar LNG

Shell PLC

The LNG shipping sector strengthened in Q3, gaining 1.74% while the S&P 500 index lost 2.52%. UPI outperformed SPX with bigger gains and lower volatility. Japan's "K" line had double-digit returns in both Q2 and Q3, while Excelerate Energy experienced a decline.

The Third Quarter Showed The Hidden Power Of LNG Shippers

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) announced that it has executed a definitive agreement to charter the Floating Storage and Regasification Unit (“FSRU”) Energos Winter from Petrobras starting in December 2023. The FSRU Energos Winter will be immediately deployed to Terminal Gas Sul (“TGS”), NFE's newest LNG import terminal in Santa Catarina, Brazil which will start commercial operations ahead of schedule in January 2024. “We are extremely pleased to reach this ag.

New Fortress Energy Signs FSRU Charter to Start Operations of LNG Import Terminal in Santa Catarina, Brazil in January 2024

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced the closing of its $856 million aggregate principal amount of a senior secured term loan credit facility due 2028 (the “Term Loan”). The Term Loan will bear interest at SOFR + 5.00% per annum and will include a prepayment option. The Company intends to use the net proceeds from the offering, together with cash on hand, to invest in projects and repay our existing bridge facility. About New Fortress Energ.

New Fortress Energy Announces Closing of $856 Million Term Loan

Baker Hughes Co

Chart Industries

Cheniere Energy

NextDecade

VettaFi recently sat down with Ben Nolan, managing director at Stifel, to discuss the outlook for the global LNG market, third-quarter earnings, and overlooked investment opportunities in the space. VettaFi: What's your long-term outlook for the global LNG market?

Stifel Analyst on the LNG Market and Overlooked Investment Opportunities

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

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

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced that it has placed into service its second U.S. government sponsored power plant in Puerto Rico on Wednesday, September 27th. This facility in San Juan has a capacity of 200+ MW of power generation and operates under a 2-year contract, similar to the 150 MW facility in Palo Seco that entered service in June under the same program. Both power installations operate under multi-year contracts with the U.S.

New Fortress Energy Places 200+ MW In Service in Puerto Rico and Completes Final Sailaway for FLNG 1

Artesian Resources

Eversource Energy

Investing is more than just researching various stocks and choosing to buy based on technical and fundamental analysis. Sometimes, it's going with your gut on when to walk away from an investment.

Ticking Time Bombs: 3 Utilities Stocks to Dump Before the Damage Is Done

The Energy sector has outperformed in Q3, benefiting from rising oil prices and increased demand. New Fortress Energy receives a buy rating despite uncertainties surrounding capex execution and its debt burden. NFE's earnings, valuation, and free cash flow outlooks are seen as improving, but there are some troubling valuation metrics and key risks.

New Fortress: Watching Capex Trends, Shares Remain A Compelling Value

NATICK, Mass.--(BUSINESS WIRE)--Electric Hydrogen Co. (EH2), a manufacturer of advanced, industrial-scale hydrogen electrolyzer technology, and New Fortress Energy Inc. (NASDAQ: NFE) announced today that they have entered into a definitive agreement for supply of EH2's flagship 100 megawatt (MW) electrolyzer system to NFE's green hydrogen project in Texas. Expected to be one of the largest in North America, the facility will be enabled by EH2's ground-breaking advanced electrolysis technology,.

Electric Hydrogen to Supply Electrolyzer Technology for one of North America's Largest Green Hydrogen Facilities

Brunswick

Delta Air Lines

Everest Group Ltd

First Citizens BancShares

Graphic Packaging Hld

Jazz Pharmaceuticals

Nexstar Media Group

Vistra Energy

Some investors place themselves in either the growth camp — focusing on the most rapidly growing companies, no matter how high their stock prices may be — or the value camp, going with slow growers that are trading on the cheap. Today we're screening a group of hundreds of growth stocks to highlight 10 trading at forward price-to-earnings valuations that are less than half that of the S&P 500.

10 growth stocks that are trading at bargain prices, including Delta and Cheniere Energy

New Fortress Energy (NFE) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.69 per share a year ago.

New Fortress Energy (NFE) Q2 Earnings Surpass Estimates

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the second quarter of 2023. Summary Highlights Adjusted EBITDA(1) of $246 million in the second quarter of 2023 and $686 million in the first half of 2023 Net income of $120 million in the second quarter of 2023 and $272 million in the first half of 2023 Adjusted EPS(2) of $0.58 on a fully diluted basis in the second quarter of 2023 and $1.48 in the first half of 2.

New Fortress Energy Announces Second Quarter 2023 Results

Direxion Hydrogen ETF

Plug Power

With the uptick in the global alternative energy sector, hydrogen stocks have been thrust into prominence. With the sector flourishing rapidly, there's no denying the potential for high-return alternative energy stocks.

Buy Alert: 3 Hydrogen Stocks Nearing Super Attractive Entry Points

Nippon Yusen KK

The LNG market has stabilized, leading to a slowdown in the LNG shipping sector, with the UP World LNG Shipping Index declining 3.79% in Q2. Despite the slowdown, big investors are showing interest in the industry, with recent IPOs, merger deals, and takeovers, and investors maintaining faith in the sector's potential. The worst part of the year for LNG shippers is over, and positive expectations for the upcoming winter season could impact the UPI, potentially pushing it to cross the 155 mark in Q2.

The Second Quarter Provided LNG Shippers With A Stable Base Of Growth

American Airlines

ChargePoint Holdings

JD.com

ReneSola

StoneCo

Teladoc

Many bargain growth stocks with strong fundamentals are now trading at attractive valuations. These stocks have been sold off aggressively over the last two years, and remain under-appreciated.

7 Bargain Growth Stocks to Buy Before They Bounce Back

New Fortress Energy's stock has been upgraded to a buy from a hold due to a solid valuation and improved chart, despite higher commodity prices and financing costs. The company reported a solid Q1, with EPS at $0.90, topping the consensus estimate of $0.83, and revenue up 15% YoY, though it missed expectations. The company faces headwinds such as soft oil and gas prices and high debt yields, but analysts see earnings normalizing above the $4 level this year with gradual increases in the future.

New Fortress: A Better Valuation After Strong Q1 Results, Improved Technicals (Rating Upgrade)

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

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

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) announced that it has received an export permit for its Altamira Fast LNG facility from Mexico's Ministry of Energy (Secretaría de Energía (SENER)). Under the permit granted by SENER, NFE is now authorized to export up to 7.8 million metric tons through April, 2028, providing ample capacity to support the operations of the 1.4 million tons per annum (MTPA) Fast LNG facility through the permitted period. Additionally, as previousl.

New Fortress Energy Receives Mexico Export Authorization For Altamira Fast LNG Project

New Fortress Energy Inc. (NASDAQ:NFE ) Q1 2023 Earnings Conference Call May 4, 2023 8:00 AM ET Company Participants Patrick Hughes – Investor Relations Wes Edens – Chairman and Chief Executive Officer Brandon Bonfig – Assistant Vice President Chris Guinta – Chief Financial Officer Andrew Dete – Managing Director, Commercial Conference Call Participants Ben Nolan – Stifel Devin McDermott – Morgan Stanley Sam Margolin – Wolfe Research Chris Robertson – Deutsche Cameron Lochridge – Bank of America Sam Burwell – Jefferies Sean Morgan – Evercore Operator Good day, ladies and gentlemen, and thank you all for joining us for this NFE First Quarter 2023 Earnings Conference Call. As a reminder, all lines are in a listen-only mode, but later you will have the opportunity to ask questions.

New Fortress Energy Inc. (NFE) Q1 2023 Earnings Call Transcript

New Fortress Energy (NFE) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.13 per share a year ago.

New Fortress Energy (NFE) Misses Q1 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Announces First Quarter 2023 Results.

New Fortress Energy Announces First Quarter 2023 Results

The completion of New Fortress Energy's first FLNG unit is expected to happen soon, increasing the company's LNG supply by 29 TBtus and 63 TBtus in 2023 and 2024, respectively. Also, as we get close to the new winter season, the LNG market condition can become more favorable.

New Fortress Energy: Market Outlook, First FLNG Project, And Risks

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Schedules First Quarter 2023 Earnings Release and Conference Call

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

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) announced that its Puerto Rico subsidiaries, NFE Power PR LLC and NFEnergia LLC, have entered into agreements with Weston Solution, Inc. (“Weston”) for the installation and operations of 150 MW of additional power generation at the Palo Seco Power Plant in Puerto Rico as well as the supply of natural gas.

New Fortress Energy Signs Contract To Provide 150MW Of Fast Power In Puerto Rico

The liquefied natural gas company disappointed investors.

News for New Fortress Energy Stock (NFE)