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

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

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.

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

ATLAS CORP

iQIYI

Three stocks + three stock offerings = three stocks going down.

Why New Fortress Energy, Atlas Corp, and iQIYI Stocks All Crashed Wednesday

The LNG market has come under attack in 2019 but is looking to bounce back in 2020, especially in Asian markets. New Fortress Energy is looking to more than double revenue and turn profitable over the next year.

New Fortress Energy: Don't Count Out LNG Just Yet

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today the pricing of its previously announced private offering of $250 million aggregate principal amount of additional 6.750% senior secured notes due 2025 (the “Additional Notes”). The Additional Notes will be issued at an issue price equal to 105.25% of principal, plus accrued interest from and including September 2, 2020. There are $1,000.0 million 6.750% senior secured notes due 2025 outstanding as

New Fortress Energy Announces Pricing of $250 Million of Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) announced today that it has launched an underwritten public offering (the “Offering”) of $150.0 million of shares of its Class A common stock (“Common Stock”). The underwriter has agreed to purchase all of the shares offered and the Company intends to grant the underwriter an option to purchase up to an additional $22.5 million of shares of Common Stock. The Company expects to use the net proceeds from th

New Fortress Energy Announces Offering of Class A Common Stock

Aramark

Cameco

Hexcel

No matter how the broader market is performing, stocks without sturdy fundamentals are toxic for your portfolio and will erode your wealth.

4 Toxic Stocks You Should Disown Right Away

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today that it intends to offer $250 million aggregate principal amount of additional 6.750% senior secured notes due 2025 (the “Additional Notes”) in a private offering, subject to market conditions. There are $1,000.0 million 6.750% senior secured notes due 2025 outstanding as of the date hereof. If consummated, the Company intends to use the net proceeds from the offering of the Additional Notes for ge

New Fortress Energy Announces Proposed Offering of $250 Million of Senior Secured Notes

Ellomay Capital

Kenon Hlds

 Orbital Energy Group, Inc.

PG&E

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned utility stocks have outperformed the S&P 500 Index over the past 12 months through Dec. 4.

5 Guru-Owned Utilities Outperforming the S&P 500

Las Vegas Sands

Carrols Restaurant Group

No matter how the broader market is performing, stocks without sturdy fundamentals are toxic for your portfolio. Dumping them at the right time is the key to safeguarding your portfolio.

Protect Your Portfolio by Dumping These 4 Toxic Stocks

New Fortress Energy Inc. (NFE) CEO Wesley Edens on Q3 2020 Results - Earnings Call Transcript

The niche power provider's third-quarter results weren't enough to keep Wall Street sticking around

Shares of New Fortress Sink After Earnings

New Fortress Energy (NFE) delivered earnings and revenue surprises of -153.85% and -6.15%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

New Fortress Energy (NFE) Reports Q3 Loss, Misses Revenue Estimates

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today reported its financial results for the third quarter ending September 30, 2020. NFE also announced today that its Board of Directors has declared a fourth quarter 2020 common stock dividend of $0.10 per Class A common share. Business Highlights Record volumes were achieved in the third quarter Average daily volumes sold in Q3 2020 were approximately 1.5 million gallons per day, which is a 0.6 millio

New Fortress Energy Announces Third Quarter 2020 Results, Dividend of $0.10 per Class A common share

Cabot Oil & Gas

ConocoPhillips

Devon Energy

Given the dull year-over-year backdrop, four energy players - Cabot (COG), Devon Energy (DVN), ConocoPhillips (COP) and New Fortress Energy (NFE) - are set to report their third-quarter results on Oct 29.

4 Oil & Gas Earnings to Watch on Oct 29: COG, DVN, COP & NFE

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“New Fortress” or the “Company”) announced that it has made an investment in H2Pro, an Israel-based company developing a novel, efficient and low-cost green hydrogen production technology. As part of the investment, New Fortress' renewable hydrogen-focused division, Zero, will partner with H2Pro to support demonstration projects and the commercialization of the technology. The Zero division was created with a mission to invest i

New Fortress Energy Invests in Green Hydrogen Production Technology Company H2Pro

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“New Fortress” or the “Company”) announced today that it has signed a Memorandum of Understanding (“MOU”) with the Philippine National Oil Company (“PNOC”) to advance the development of infrastructure to supply reliable, cost-competitive power and natural gas into the Philippine market, for the benefit of the country and the Filipino people. Under the MOU, PNOC and NFE will work together to identify potential opportunities to ac

New Fortress Energy Signs MOU with Philippine National Oil Company to Advance LNG Infrastructure

Shares of New Fortress Energy LLC shot up 6.5% toward a record high, after the clean energy company announced it was partnering with General Electric Co. part of a new hydrogen project. Evercore ISI analyst Sean Morgan said that project marks "the first concrete step" taken by New Fortress's new green hydrogen division, known as "Zero.

New Fortress Energy's stock shoots toward a record after announcing new hydrogen project

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the third quarter 2020 prior to 8:00 A.M. Eastern Time on Thursday, October 29, 2020. 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, October 29, 2020 at 8:00 A.M. Eastern Time. The conference call may be acce

New Fortress Energy Inc. Schedules Third Quarter 2020 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ:NFE) (“New Fortress” or the “Company”) announced today that its Board of Directors (the “Board”) has declared a third quarter 2020 common stock dividend of $0.10 per Class A Common Share.

New Fortress Energy Declares Inaugural Common Stock Dividend

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ:NFE) (the “Company”) announced today the pricing of its previously announced private offering of $1,000 million (upsized from $800 million) aggregate principal amount of senior secured notes due 2025 (the “Notes”).

New Fortress Energy Announces Pricing of $1,000 Million of Senior Secured Notes

Match Group

Ryman Hospitality Properties

Welbilt

Figuring out toxic stocks and abandoning them at the right time is the key to safeguard your portfolio from big losses.

4 Toxic Stocks to Discard or Sell Short for Solid Gains

New Fortress Energy LLC (NFE) CEO Wesley Edens on Q2 2020 Results - Earnings Call Transcript

Shares of New Fortress Energy (NASDAQ:NFE) moved higher by 0.3% in pre-market trading after the company reported Q2 results.

New Fortress Energy: Q2 Earnings Insights

New Fortress Energy LLC (NFE) delivered earnings and revenue surprises of -60.00% and -20.85%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

New Fortress Energy LLC (NFE) Reports Q2 Loss, Lags Revenue Estimates

NEW YORK--(BUSINESS WIRE)--New Fortress Energy LLC (NASDAQ: NFE) (“NFE” or the “Company”) today reported its financial results for the second quarter ending June 30, 2020. Business Highlights Operating Margin* of $15.2 million, increasing $17.4 million since the first quarter Record volumes were achieved in the second quarter Average daily volumes sold in Q2 2020 were approximately 978,000 gallons per day which is a 223,000 increase from Q1 2020 Gallons per day volumes are expected to be betwee

New Fortress Energy Announces Second Quarter 2020 Results

New Fortress Energy LLC (NFE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for New Fortress Energy Stock (NFE)