New Fortress Energy Inc. (NFE)

NASDAQ: NFE · IEX Real-Time Price · USD
46.52
+2.81 (6.43%)
Oct 3, 2022 4:00 PM EDT - Market closed
6.43%
Market Cap 9.66B
Revenue (ttm) 2.04B
Net Income (ttm) 209.56M
Shares Out 207.56M
EPS (ttm) 1.03
PE Ratio 45.17
Forward PE 8.37
Dividend $0.40 (0.86%)
Ex-Dividend Date Sep 6, 2022
Volume 677,862
Open 44.82
Previous Close 43.71
Day's Range 44.78 - 46.96
52-Week Range 19.17 - 63.06
Beta 1.53
Analysts Buy
Price Target 65.66 (+41.1%)
Earnings Date Oct 31, 2022

About NFE

New Fortress Energy Inc. operates as an integrated gas-to-power 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, and liquefied natural gas (LNG) carriers w... [Read more...]

Industry Oil, Gas & Consumable Fuels
IPO Date Jan 31, 2019
Employees 671
Stock Exchange NASDAQ
Ticker Symbol NFE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for NFE stock is "Buy." The 12-month stock price forecast is 65.66, which is an increase of 41.14% from the latest price.

Price Target
$65.66
(41.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NFE and EBRASIL Complete the Sale of the 1.6 GW CELSE Power Plant to Eneva S.A.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it, along with its joint venture partner Ebrasil Energia Ltda. (“Ebrasil”), has closed the sale of the Cent...

6 hours ago - Business Wire

3 Momentum Anomaly Picks as Third Fed Hike Rattles Market

Super Micro Computer (SMCI), NexTier Oilfield Solutions (NEX) and New Fortress Energy (NFE) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

Other symbols: NEXSMCI
1 week ago - Zacks Investment Research

NFE Schedules FLNG Investor Day in Texas

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”) shi...

1 week ago - Business Wire

As Hydrogen Takes Off, Bet Early to Win Big

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 i...

Other symbols: PLUG
3 weeks ago - InvestorPlace

LNG Stocks To Watch As Natural Gas Prices Retreat From 14-Year Highs

LNG stocks were mixed Tuesday as U.S. natural gas futures fell back from levels not seen since 2008.

1 month ago - Investors Business Daily

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

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”), e...

Other symbols: APO
1 month ago - Business Wire

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

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

Other symbols: PLUG
1 month ago - Business Wire

New Fortress Energy Announces Second Quarter 2022 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 2022. Summary Highlights Pleased to report Q2 20...

2 months ago - Business Wire

LNG Company Stocks Near Buy Points Ahead Of Earnings Announcements

Cheniere Energy and New Fortress Energy will be announcing quarterly earnings Thursday morning. The post LNG Company Stocks Near Buy Points Ahead Of Earnings Announcements appeared first on Investor's B...

Other symbols: LNG
2 months ago - Investors Business Daily

Breakout Watch: These Stocks Set Up As Rally Takes Hold

Defense stocks TransDigm and Heico join transportation plays like J.B. Hunt on the IBD Breakout Stocks Index.

Other symbols: CHRWHEI
2 months ago - Investors Business Daily

Watch These Leaders With Earnings Due, Buy Zones In Focus

With earnings due, IBD Leaderboard stocks like Eli Lilly, Vertex and Ollie's test bases, breakouts and buy zones. The post Watch These Leaders With Earnings Due, Buy Zones In Focus appeared first on Inv...

2 months ago - Investors Business Daily

Oil Stocks Drive Market Rally; Earnings Due

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

Other symbols: CRKEQNRMTDROXYVNOM
2 months ago - Investors Business Daily

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

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.

2 months ago - Zacks Investment Research

New Fortress Energy (NFE) Earnings Expected to Grow: Should You Buy?

New Fortress Energy (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.

2 months ago - Zacks Investment Research

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 Re...

2 months ago - Business Wire

New Fortress Energy Schedules Second-Quarter 2022 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 2022 prior to 8:00 A.M. Eastern Time on Thursday, August ...

2 months ago - Business Wire

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

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...

2 months ago - Market Watch

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 entered into an agreement with Comisión Federal de Electricidad (“CFE”) as part of a growing strateg...

2 months ago - Business Wire

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”) today announced that it has signed an agreement with Petróleos Mexicanos (“Pemex”) to form a long-term strategic partnership tha...

2 months ago - Business Wire

NFE and Apollo Funds Agree to Form a New Joint Venture for LNG Maritime Infrastructure; Transaction Valued at Approxi...

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 ...

Other symbols: APO
2 months ago - Business Wire

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

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”), entere...

4 months ago - Business Wire

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

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.

4 months ago - Zacks Investment Research

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

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

4 months ago - Zacks Investment Research

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

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

4 months ago - Zacks Investment Research

NFE and Gasunie Sign FSRU Charter Agreement for LNG Terminal Implementation in the Netherlands

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. ...

4 months ago - Business Wire