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New Fortress Energy LLC (NFE)

Stock Price: $42.12 USD 1.48 (3.64%)
Updated May 7, 2021 4:00 PM EDT - Market closed
After-hours: $42.00 -0.12 (-0.29%) May 7, 5:16 PM
Market Cap 8.71B
Revenue (ttm) 451.65M
Net Income (ttm) -182.15M
Shares Out 206.70M
EPS (ttm) -1.71
PE Ratio n/a
Forward PE 60.98
Dividend $0.20
Dividend Yield 0.47%
Trading Day May 7
Last Price $42.12
Previous Close $40.64
Change ($) 1.48
Change (%) 3.64%
Day's Open 39.64
Day's Range 39.04 - 42.60
Day's Volume 684,896
52-Week Range 24.32 - 65.76

News

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New Fortress Energy (NFE) delivered earnings and revenue surprises of -520.00% and -9.96%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 days ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today reported its financial results for the first quarter ending March 31, 2021. Business Highlights Closed pr...

2 days ago - Business Wire

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 Series A preferred unit (NASDAQ: GML...

Other stocks mentioned: GMLPP
1 week ago - Business Wire

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") plans to announce its financial results for the first quarter 2021 prior to 8:00 A.M. Eastern Time on Friday, May 7, 202...

1 week ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Golar LNG Partners LP (Nasdaq: GMLP) (“GMLP”) announced the completion of its sale to New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) on April 15, 2021. In connection with the ...

Other stocks mentioned: GMLP
2 weeks ago - Business Wire

LEAWOOD, KS / ACCESSWIRE / April 15, 2021 / TortoiseEcofin today announced that Golar LNG Partners LP (NASDAQ:GMLP) will be removed from the Tortoise MLP Index ® (TMLP) as a result of the approved merge...

Other stocks mentioned: GMLP
3 weeks ago - Accesswire

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) announced today that it has signed a Memorandum of Understanding (“MOU”) with a subsidiary of Norsk Hydro (“Hyd...

3 weeks ago - Business Wire

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced the completion of its acquisition of Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar L...

3 weeks ago - Business Wire

Keep your portfolio protected from toxic stocks like MELI, APHA, NFE, HHC and IDCC.

Other stocks mentioned: APHA, HHC, IDCC, MELI
1 month ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) announced today that it has signed a Gas Supply Agreement (the “GSA”) with CFEnergia SA de CV, a subsidiary of ...

1 month ago - Business Wire

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today the pricing of its previously announced private offering of $1.5 billion aggregate principal amount of s...

1 month ago - Business Wire

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today that it intends to offer $1.5 billion aggregate principal amount of senior secured notes due September 2...

1 month ago - Business Wire

New Fortress Energy (NFE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength dow...

1 month ago - Zacks Investment Research

Several factors fueled the energy infrastructure stock's surge.

1 month ago - The Motley Fool

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today reported its financial results for the fourth quarter and full year ending December 31, 2020. NFE also an...

1 month ago - Business Wire

New Fortress Energy (NFE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the fourth quarter and full year 2020 prior to 8:00 A.M. Eastern Time on Tues...

2 months ago - Business Wire

New Fortress Energy's (NFE) CEO Wes Edens Presents at Investor Update (Transcript)

3 months ago - Seeking Alpha

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ:NFE) (the "Company") announced today that management will host an investor update conference call on Thursday, January 21, 2021 at 10:00 A.M. ...

3 months ago - Business Wire

New Fortress Energy CEO on $5 billion acquisition

YouTube video

Wes Edens, New Fortress Energy CEO and founder, Milwaukee Bucks co-owner, and co-founder of Fortress Investment Group, joins 'Power Lunch' to discuss the company's $5 billion energy acquisition.

Other stocks mentioned: GMLP
3 months ago - CNBC Television

New Fortress Energy Inc. said Wednesday it has agreed to acquire Hygo Energy Transition Ltd. and Global LNG Partners LP in a combined deal valued at $5 billion.

Other stocks mentioned: GLNG
3 months ago - Market Watch

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has signed a Memorandum of Understanding (“MOU”) with Petrobras Distribuidora S.A. (“BR”) and CCETC Bras...

3 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint ve...

Other stocks mentioned: GLNG, GMLP
3 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“New Fortress”) announced today that it has signed two long-term liquefied natural gas (“LNG”) supply agreements to support the Company...

4 months ago - Business Wire

It's that time of the year when InvestorPlace contributors look back on the best-performing stocks of the year. Here's my look at 10 of them.

Other stocks mentioned: ALB, FUTU, GSX, NIO, EXPI, ENPH, FVRR ...
4 months ago - InvestorPlace

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

Other stocks mentioned: ATCO, IQ
4 months ago - The Motley Fool

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 n...

4 months ago - Seeking Alpha

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 a...

4 months ago - Business Wire

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 shar...

4 months ago - Business Wire

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

Other stocks mentioned: ARMK, CCJ, HXL
4 months ago - Zacks Investment Research

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 not...

4 months ago - Business Wire

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.

Other stocks mentioned: ELLO, KEN, OEG, PCG
5 months ago - GuruFocus

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.

Other stocks mentioned: CCJ, LVS, TAST
5 months ago - Zacks Investment Research

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

6 months ago - Seeking Alpha

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

6 months ago - The Motley Fool

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?

6 months ago - Zacks Investment Research

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 ...

6 months ago - Business Wire

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.

Other stocks mentioned: COG, COP, DVN
6 months ago - Zacks Investment Research

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, efficie...

6 months ago - Business Wire

New Fortress Energy (NFE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

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 ...

6 months ago - Business Wire

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 ana...

6 months ago - Market Watch

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 2...

7 months ago - Business Wire

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 stoc...

8 months ago - Business Wire

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) ag...

8 months ago - Business Wire

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

Other stocks mentioned: MTCH, RHP, WBT
9 months ago - Zacks Investment Research

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

9 months ago - Seeking Alpha

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

9 months ago - Benzinga

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?

9 months ago - Zacks Investment Research

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 ...

9 months ago - Business Wire

About NFE

New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company, provides energy and development services to end-users worldwide. The company engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. It also supplies LNG. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; and landed micro-fuel handling... [Read more...]

Industry
Utilities-Regulated Gas
IPO Date
Jan 31, 2019
Stock Exchange
NASDAQ
Ticker Symbol
NFE
Full Company Profile

Financial Performance

In 2020, NFE's revenue was $451.65 million, an increase of 138.81% compared to the previous year's $189.13 million. Losses were -$182.15 million, 438.8% more than in 2019.

Financial Statements

Analyst Forecasts

According to 10 analysts, the average rating for NFE stock is "Buy." The 12-month stock price forecast is 62.00, which is an increase of 47.20% from the latest price.

Price Target
$62.00
(47.20% upside)
Analyst Consensus: Buy