NASDAQ: NFE · Real-Time Price · USD
13.09
+0.04 (0.31%)
At close: Aug 19, 2024, 4:00 PM
13.25
+0.16 (1.22%)
After-hours: Aug 19, 2024, 7:56 PM EDT
0.31% (1D)
| Market Cap | 2.68B |
| Revenue (ttm) | 2.36B |
| Net Income (ttm) | 242.32M |
| Shares Out | 205.07M |
| EPS (ttm) | 1.18 |
| PE Ratio | 11.13 |
| Forward PE | 16.19 |
| Dividend | $0.40 (3.06%) |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 2,792,376 |
| Open | 13.03 |
| Previous Close | 13.05 |
| Day's Range | 13.03 - 13.54 |
| 52-Week Range | 12.63 - 40.04 |
| Beta | 1.47 |
| Analysts | Buy |
| Price Target | 29.00 (+121.54%) |
| Earnings Date | Aug 9, 2024 |
About NFE
New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LN... [Read more]
Industry Utilities - Regulated Gas
Sector Utilities
IPO Date Jan 31, 2019
Employees 677
Stock Exchange NASDAQ
Ticker Symbol NFE
Full Company Profile
Financial Performance
In 2023, NFE's revenue was $2.39 billion, an increase of 2.19% compared to the previous year's $2.34 billion. Earnings were $547.88 million, an increase of 181.72%.
Financial Statements
Analyst Forecast
According to 5 analysts, the average rating for NFE stock is "Buy." The 12-month stock price forecast is $29.0, which is an increase of 121.54% from the latest price.
Price Target
$29.0
(121.54% upside)
Analyst Consensus: Buy
Stock Forecasts
News
These Analysts Slash Their Forecasts On New Fortress Energy Following Q2 Results
New Fortress Energy Inc. NFE reported worse-than-expected second-quarter financial results on Friday.
7 days ago - Benzinga
New Fortress Energy stock tumbles as it misses earnings estimates
New Fortress Energy Inc missed second-quarter earnings estimates on Friday after delays in starting up a floating LNG export facility off the coast of Altamira in Mexico.
10 days ago - Reuters
New Fortress Energy Announces Second Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the second quarter of 2024. Summary Highlights Adjusted EBITDA(1) of...
10 days ago - Business Wire
New Fortress Energy Provides Update on its Initial FLNG Asset
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today is pleased to provide an update on its initial Fast LNG asset located offshore Altamira, Mexico (“FLNG”...
17 days ago - Business Wire
Golar LNG Partners LP Series A Preferred Cash Distribution
NEW YORK--(BUSINESS WIRE)--Golar LNG Partners LP, an indirect subsidiary of New Fortress Energy Inc. (NASDAQ: NFE), has declared a cash distribution of $0.546875 per unit of 8.75% Series A Cumulative ...
21 days ago - Business Wire
New Fortress Energy Announces Closing of $700 Million Loan for Second FLNG Unit
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today announced that after successfully producing LNG at its first FLNG unit (“FLNG 1”), the Company has clos...
27 days ago - Business Wire
New Fortress Energy Achieves First LNG for its Fast LNG Asset
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today announced that it has achieved First LNG for its initial Fast LNG asset located offshore Altamira, Mexi...
4 weeks ago - Business Wire
New Fortress Energy Schedules Second Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) plans to announce its financial results for the second quarter 2024 prior to 8:00 A.M. Eastern Time on Friday, August ...
4 weeks ago - Business Wire
Pennybacker Furthers Infrastructure Investments with Acquisition of Miami LNG
AUSTIN, Texas , July 9, 2024 /PRNewswire/ -- Pennybacker Capital Management, LLC (Pennybacker), a leading real assets investment manager, has entered into a definitive agreement to acquire a small-sca...
5 weeks ago - PRNewsWire
New Fortress Energy Announces Launch of Klondike Digital Infrastructure to Develop Data Center Solutions
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) announces the launch of Klondike Digital Infrastructure (“Klondike”), a power and data center development bus...
6 weeks ago - Business Wire
New Fortress Energy Agrees to Sell Miami Liquefaction and Storage Facility
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Mi...
7 weeks ago - Business Wire
NFE Announces First LNG in Days and First Cargo in July
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) announces First LNG in the coming days and First Cargo in July. NFE today updated the timing of its First LNG...
2 months ago - Business Wire
New Fortress Energy Announces First Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the first quarter of 2024. Summary Highlights Adjusted EBITDA(1) of ...
3 months ago - Business Wire
New Fortress Energy Signs EPC Contract and Begins Construction of 1.6 GW Power Plant to Serve 15-Year Agreement in Brazil
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...
4 months ago - Business Wire
New Fortress Energy Schedules First Quarter 2024 Earnings Release and Conference Call
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 8...
4 months ago - Business Wire
New Fortress Energy to Host Investor Call to Discuss its Transformative Transactions in Puerto Rico and Brazil
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 dis...
5 months ago - Business Wire
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”) has completed the previously announced acquisition and transfer of a 1.6 GW Capacity Reserve Contract (“PortoCem PPA” ...
5 months ago - Business Wire
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”) today announced the early results of its previously announced cash tender offer (the “Tender Offer”) to purchase for c...
5 months ago - Business Wire
New Fortress Energy Announces Transformative Transactions in Puerto Rico
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 e...
5 months ago - Business Wire
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”) announced today the pricing of its previously announced private offering of $750 million aggregate principal amount of...
5 months ago - Business Wire
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”) previously announced the commencement of a tender offer (the “Tender Offer”) to purchase for cash up to $250,000,000 i...
5 months ago - Business Wire
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”) today announced the commencement of a tender offer (the “Tender Offer”) to purchase for cash up to $250,000,000 in agg...
5 months ago - Business Wire
New Fortress Energy Announces Proposed Offering of $500 Million of Senior Secured Notes
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...
6 months ago - Business Wire
New Fortress Energy Places Terminal Gas Sul LNG Terminal in Santa Catarina, Brazil into Operation
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 ope...
6 months ago - Business Wire
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 reported its financial results for the fourth quarter and for the year ended December 31, 2023. Summary...
6 months ago - Business Wire
