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 Q4 2020

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Earnings data Q3 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.

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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) announced today that the Company plans to host an FLNG Investor Day at the Kiewit Offshore Services (“KOS”) shipyard near Corpus Christi, Texas, on Wednesday, November 2nd, 2022, beginning at 10:00 A.M. Central Time. Specializing in the fabrication and integration of offshore projects, the 555-acre KOS facility is home to NFE's Fast LNG program and the ongoing conversion of marine infrastructure into floa

NFE Schedules FLNG Investor Day in Texas

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Source: Audio und werbung / Shutterstock [Editor's note: “As Hydrogen Takes Off, Bet Early to Win Big ” was previously published in August 2022 . It has since been updated to include the most relevant information available.

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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) and Apollo (NYSE: APO) today reported they have completed the previously announced Joint Venture (the “JV” or the “Platform”), establishing a platform which now owns and operates 11 liquefied natural gas (“LNG”) infrastructure vessels consisting of Floating Storage and Regasification assets, Floating Storage vessels and LNG carriers. The Platform has been named Energos Infrastructure (“Energos”) and is owned approximately

NFE and Apollo Funds Complete $2 Billion LNG Maritime Joint Venture, Establishing Energos Infrastructure

New Fortress Energy has done really well to grow its business in recent years, with sales soaring and the firm finally generating positive cash flows. If management can achieve their targets this year and next, then things will be looking up for shareholders.

New Fortress Energy Stock: Rapid Growth At A Reasonable Price

Since the beginning of this year, the share price of New Fortress Energy has almost tripled. Back then, the pro-forma operating cash flow was anticipated to exceed $1 billion, and the market cap was around $4 billion. In other words, the valuation was depressed.

New Fortress Energy: A Golden Decade May Lie Ahead

New Fortress Energy Inc. (NASDAQ:NFE ) Q2 2022 Earnings Conference Call August 4, 2022 8:00 AM ET Company Participants Brett Magill – Managing Director and Head of Investor Relations Wes Edens – Chairman and Chief Executive Officer Andrew Dete – Managing Director Chris Guinta – Chief Financial Officer Patrick Hughes – Chief Commercial Officer, NFE Zero Cameron MacDougall – General Counsel and Secretary Conference Call Participants Devin McDermott – Morgan Stanley Ryan Levine – Citi Craig Shere – Tuohy Brothers Operator Good day, and welcome to the NFE Second Quarter 2022 Earnings Call. Today's conference is being recorded.

New Fortress Energy Inc.'s (NFE) CEO Wes Edens on Q2 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Please keep on Hold for Call.

NFE Enters Agreement with Plug Power for 120 MW Green Hydrogen Plant on Gulf Coast

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the second quarter of 2022. Summary Highlights Pleased to report Q2 2022 Adjusted EBITDA(1) of $283 million and $1.05 billion over the trailing twelve months ended June 30, 2022. NFE's net (loss) income for Q2 2022 and trailing twelve months was $(178) million and $197 million, respectively. Adjusted EPS for the period was $0.69 per share on a fully diluted basis,

New Fortress Energy Announces Second Quarter 2022 Results

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Several oil stocks leapt Friday as oil prices rose. Occidental, New Fortress and Viper are due to report earnings within days.

Oil Stocks Drive Market Rally; Earnings Due

New Fortress Energy (NFE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can New Fortress Energy (NFE) Keep the Earnings Surprise Streak Alive?

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") plans to announce its financial results for the second quarter 2022 prior to 8:00 A.M. Eastern Time on Thursday, August 4th, 2022. 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, August 4th, 2022 at 8:00 A.M. Eastern Time. The conference call may be ac

New Fortress Energy Schedules Second-Quarter 2022 Earnings Release and Conference Call

New Fortress Energy LLC NFE, +0.10% announced Tuesday that it will sell 11 liquid natural gas (LNG) infrastructure vessels to a new joint venture formed with Apollo Global Management Inc. APO, +1.61% in a deal valued at $2 billion. Apollo will own about 80% of the JV and New Fortress Energy (NFE) will own 20%.

New Fortress Energy, Apollo to form LNG marine infrastructure platform JV in a deal valued at $2 billion

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced that it has entered into an agreement with Comisión Federal de Electricidad (“CFE”) as part of a growing strategic alliance supported by His Excellency Andrés Manuel López Obrador, the President of Mexico, and by Manuel Bartlett, the CEO of CFE. The agreement involves (i) expanding and extending NFE's supply of natural gas to multiple CFE power generation facilities in Baja California Sur, (ii) selling NFE

NFE Announces Agreement with CFE to Expand Supply of Natural Gas to Baja, Build Offshore LNG Hub Near Altamira

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced that it has signed an agreement with Petróleos Mexicanos (“Pemex”) to form a long-term strategic partnership that benefits from the complementary capabilities of each company. The partnership is expressly supported by His Excellency Andrés Manuel López Obrador, the President of Mexico, and by Octavio Romero Oropeza, the CEO of Pemex. The agreement involves the joint development of the Lakach deepwater natu

NFE Announces Agreement with Pemex to Complete Lakach Offshore Gas Field and Deploy FLNG Solution

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) and Apollo (NYSE: APO) today announced that they have entered into a definitive Equity Purchase and Contribution Agreement (the “Purchase and Contribution Agreement”) to sell 11 LNG infrastructure vessels owned by NFE to a newly formed joint venture (the “JV” or the “Platform”) between funds managed by Apollo and NFE in a transaction valued at approximately $2 billion. The JV will be owned approximately 80% by Apollo fund

NFE and Apollo Funds Agree to Form a New Joint Venture for LNG Maritime Infrastructure; Transaction Valued at Approximately $2 billion

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has, along with its joint venture partner Ebrasil Energia Ltda. and its shareholders (“Ebrasil”), entered into a definitive Share Purchase Agreement (“SPA”) with Brazilian power company Eneva S.A. (“Eneva”) (B3: ENEV3), whereby Eneva will acquire 100% of the equity interests of the Porto de Sergipe Power Plant for R$6.1 billion in cash (approximately $1.29 billion USD). Located in Barra dos Coqueir

NFE and EBRASIL Agree to Sell the 1.6 GW CELSE Power Plant to Eneva S.A. for an Enterprise Value of R$10.2 billion ($2.16 billion)

New Fortress Energy (NFE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes New Fortress Energy (NFE) a New Strong Buy Stock

New Fortress Energy (NFE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why New Fortress Energy (NFE) Might be Well Poised for a Surge

Here is how New Fortress Energy (NFE) and Delek US Holdings (DK) have performed compared to their sector so far this year.

Has New Fortress Energy (NFE) Outpaced Other Oils-Energy Stocks This Year?

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced that it has executed a binding agreement to charter a floating storage and regasification unit (“FSRU”) to N.V. Nederlandse Gasunie (“Gasunie”). The 5-year FSRU charter agreement will begin in Q3 2022 and provide storage and regasification capacity for Gasunie's new LNG import terminal in the port Eemshaven, the Netherlands. The Eems Energy Terminal will in total add approximately 8 bcm per year of new reg

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