New Fortress Energy Inc. (NFE)

NASDAQ: NFE · Real-Time Price · USD
8.57
+0.99 (13.06%)
At close: Apr 2, 2025, 4:00 PM
8.11
-0.46 (-5.36%)
Pre-market: Apr 3, 2025, 6:50 AM EDT
13.06%
Market Cap 2.35B
Revenue (ttm) 2.35B
Net Income (ttm) -291.17M
Shares Out 273.77M
EPS (ttm) -1.34
PE Ratio n/a
Forward PE 34.28
Dividend $0.20 (2.33%)
Ex-Dividend Date Sep 13, 2024
Volume 8,606,399
Open 7.40
Previous Close 7.58
Day's Range 7.21 - 8.57
52-Week Range 7.20 - 30.71
Beta 1.50
Analysts Buy
Price Target 17.60 (+105.37%)
Earnings Date May 7, 2025

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 logistics, shipping, 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]

Sector Utilities
IPO Date Jan 31, 2019
Employees 722
Stock Exchange NASDAQ
Ticker Symbol NFE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for NFE stock is "Buy." The 12-month stock price forecast is $17.6, which is an increase of 105.37% from the latest price.

Price Target
$17.6
(105.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

New Fortress Energy Shares Fall After Jamaica Operations Sale

New Fortress Energy shares declined after it said it plans to sell its natural gas assets and operations in Jamaica.

6 days ago - Market Watch

New Fortress Energy Sells Jamaica Natural Gas Operations for $1.06 Bln

New Fortress Energy has divested its natural gas assets and operations in Jamaica for $1.06 billion to Texas-based Excelerate Energy.

6 days ago - Market Watch

New Fortress Energy to sell Jamaica assets for $1.06 billion to Excelerate Energy

Liquefied natural gas infrastructure provider New Fortress Energy said on Thursday it would sell its assets and operations in Jamaica to Excelerate Energy for about $1.06 billion.

Other symbols: EE
6 days ago - Reuters

New Fortress Energy Announces Sale of Jamaica Assets & Operations to Excelerate Energy

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has finalized a transaction with Excelerate Energy, Inc. (NYSE: EE) (“Excelerate”) to sell its assets ...

Other symbols: EE
7 days ago - Business Wire

Excelerate Energy Advances Growth Strategy with Acquisition of Jamaica Downstream LNG and Power Infrastructure Business from New Fortress Energy

THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced that it has entered into a definitive agreement with New Fortress Energy Inc. ...

Other symbols: EE
7 days ago - Business Wire

New Fortress Energy Amends Islandwide Gas Supply Contract

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced that it has amended the extension of its 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power ...

16 days ago - Business Wire

New Fortress Energy: Company Needs To Deliver On Near-Term Asset Sales - Hold

New Fortress Energy Inc. reported better-than-expected fourth quarter and full-year 2024 results. However, outperformance was solely the result of a large, one-time benefit. During the quarter, the co...

22 days ago - Seeking Alpha

Top 3 Energy Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: FNYNE
22 days ago - Benzinga

New Fortress Energy, Inc. (NFE) Q4 2024 Earnings Call Transcript

New Fortress Energy, Inc. (NASDAQ:NFE) Q4 2024 Results Conference Call March 3, 2025 5:00 PM ET Company Participants Matt Reinhard - Managing Director Wes Edens - Chairman and Chief Executive Officer...

4 weeks ago - Seeking Alpha

New Fortress Energy posts quarterly loss amid lower LNG export prices

U.S. LNG firm New Fortress Energy posted a loss in the fourth quarter on Monday, hurt by weaker performance in its ships as well as terminals and infrastructure segments.

4 weeks ago - Reuters

New Fortress Energy Announces Fourth Quarter and Full Year 2024 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, 2024. Summary...

4 weeks ago - Business Wire

New Fortress Energy Extends Islandwide Gas Supply Contract in Puerto Rico

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced a one-year extension of its 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power Authori...

4 weeks ago - Business Wire

New Fortress Energy Schedules Fourth 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 fourth quarter 2024 after 4:00 P.M. Eastern Time on Monday, March 3rd,...

4 weeks ago - Business Wire

LNG Shipping Report 2024: Market Trends, Challenges, And Future Outlook

LNG shipping faced oversupply and declining spot rates in 2024, impacting traditional seasonal growth patterns and leading to weaker-than-expected performance. Top gainers like Excelerate Energy and D...

5 weeks ago - Seeking Alpha

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against New Fortress Energy Inc. (NFE) And Encourages Shareholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / February 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "t...

6 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against New Fortress Energy Inc. (NFE) and Encourages Shareholders to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "t...

6 weeks ago - Accesswire

New Fortress Energy Inc. (NFE) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "t...

7 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages New Fortress Energy Inc. (NFE) Shareholders to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 11, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "t...

7 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating New Fortress Energy Inc. (NFE) And Encourages Investors to Connect

NEW YORK CITY, NY / ACCESS Newswire / February 10, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "t...

7 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages New Fortress Energy Inc. (NFE) Stockholders to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 9, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "th...

7 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against New Fortress Energy Inc. (NFE) and Encourages Investors to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "th...

7 weeks ago - Accesswire

New Fortress Energy Inc. (NFE) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "th...

7 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating New Fortress Energy Inc. (NFE) And Encourages Stockholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / February 4, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "th...

2 months ago - Accesswire

New Fortress Energy Inc. (NFE) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 3, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "th...

2 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against New Fortress Energy Inc. (NFE) and Encourages Stockholders to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 2, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "th...

2 months ago - Accesswire