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Market Cap 5.72B P/E 55.76 EPS this Y 31.70% Ern Qtrly Grth 238.70%
Income 547.88M Forward P/E 5.35 EPS next Y 2.30% 50D Avg Chg -1.00%
Sales 2.41B PEG 0.10 EPS past 5Y - 200D Avg Chg -23.00%
Dividend 12.00% Price/Book 4.39 EPS next 5Y 78.81% 52W High Chg -56.00%
Recommedations 2.00 Quick Ratio 0.35 Shares Outstanding 205.04M 52W Low Chg 11.00%
Insider Own 54.32% ROA 6.39% Shares Float 54.68M Beta 1.51
Inst Own 59.05% ROE 34.10% Shares Shorted/Prior 13.30M/14.06M Price 27.88
Gross Margin 60.28% Profit Margin 22.70% Avg. Volume 1,349,511 Target Price 41.11
Oper. Margin 42.02% Earnings Date May 8 Volume 786,267 Change -2.35%
About New Fortress Energy Inc.

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 (LNG) carriers which are leased to customers under long-term or spot arrangements. 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; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.

New Fortress Energy Inc. News
04/24/24 Golar LNG Partners LP Series A Preferred Cash Distribution
04/22/24 New Fortress (NFE) Advances Construction of 1.6GW Power Plant
04/17/24 New Fortress Energy Signs EPC Contract and Begins Construction of 1.6 GW Power Plant to Serve 15-Year Agreement in Brazil
04/17/24 3 Long-Term Stocks to Buy Now: Q2 Edition
04/16/24 How to Find Strong Oils-Energy Stocks Slated for Positive Earnings Surprises
04/16/24 Can New Fortress Energy Inc.'s (NASDAQ:NFE) ROE Continue To Surpass The Industry Average?
04/15/24 New Fortress Energy Schedules First Quarter 2024 Earnings Release and Conference Call
04/15/24 Jim Cramer is Recommending These 10 Stocks in April
04/11/24 LNG Importer New Fortress Energy Cuts London Trading Staff
03/29/24 Jim Cramer Says You Should ‘Buy, Buy, Buy’ These 11 Stocks
03/22/24 New Fortress Energy to Host Investor Call to Discuss its Transformative Transactions in Puerto Rico and Brazil
03/20/24 New Fortress (NFE) Sells Power Plants, Secures Supply Deal
03/20/24 New Fortress Energy Completes Previously Announced Acquisition and Transfer of 1.6 GW, 15-year Contracted Power Asset in Brazil
03/19/24 New Fortress Energy Inc. Announces Early Results of its Cash Tender Offer for its 6.750% Senior Secured Notes due 2025
03/18/24 New Fortress Energy Announces Transformative Transactions in Puerto Rico
03/18/24 New Fortress Energy Sells Two Power Plants to Puerto Rico
03/14/24 The 3 Most Undervalued Hydrogen Stocks to Buy in March 2024
03/08/24 Jim Cramer’s 10 Latest Stock Picks This Week
03/05/24 New Fortress Energy Announces Upsizing and Pricing of $750 Million of Senior Secured Notes
03/05/24 New Fortress Energy Inc. Announces Increase to Previously Announced Cash Tender Offer for its 6.750% Senior Secured Notes due 2025
NFE Chatroom

User Image mlonz Posted - 1 day ago

$NFE False breakdown developing.

User Image Stock_Titan Posted - 3 days ago

$NFE Golar LNG Partners LP Series A Preferred Cash Distribution https://www.stocktitan.net/news/NFE/golar-lng-partners-lp-series-a-preferred-cash-bn863d261uii.html

User Image pgyletsgo Posted - 4 days ago

$NFE this ceo is smarter in execution than everyone else. Cali couldn’t get a high speed train going he did it in months.

User Image Stock_Titan Posted - 1 week ago

$NFE New Fortress Energy Signs EPC Contract and Begins Construction of 1.6 GW Power Plant to Serve 15-Year Agreement in Brazil https://www.stocktitan.net/news/NFE/new-fortress-energy-signs-epc-contract-and-begins-construction-of-1-62aaxb5tci9s.html

User Image Stock_Titan Posted - 1 week ago

$NFE New Fortress Energy Schedules First Quarter 2024 Earnings Release and Conference Call https://www.stocktitan.net/news/NFE/new-fortress-energy-schedules-first-quarter-2024-earnings-release-5xmjlqsbkw80.html

User Image justbaseball25 Posted - 2 weeks ago

$GMLPF $nfe $GMLP come on guys. im so fucking sick of these companies abusing preferred holders.

User Image nycpupster Posted - 4 weeks ago

$NFE I am bullish energy, this one is an easy bounce back to $35 from earlier this month. Likely it will bounce to $40, not a bad short term gainer. LNG destroyed by Biden's moratorium and this one has high short interest. Look out above

User Image Rain07 Posted - 1 month ago

$NFE I think the point of the call today was to reiterate their $5 per share guidance, which should be a positive given that analyst EPS estimate drift after the Puerto Rico asset sale was severely negative. The rest of the call was just reiteration of management frustration around the market's underappreciation of the asset base. They need to be Investment Grade by the middle of next year to access certain energy markets and fulfill future LNG contracts, which is why I suspect they are looking to raise capital and use their Remain Co free cash to pay down debt. Bullish in the long-run here.

User Image Stock_Titan Posted - 1 month ago

$NFE New Fortress Energy to Host Investor Call to Discuss its Transformative Transactions in Puerto Rico and Brazil https://www.stocktitan.net/news/NFE/new-fortress-energy-to-host-investor-call-to-discuss-its-wpxheujgvqqi.html

User Image Stock_Titan Posted - 1 month ago

$NFE New Fortress Energy Completes Previously Announced Acquisition and Transfer of 1.6 GW, 15-year Contracted Power Asset in Brazil https://www.stocktitan.net/news/NFE/new-fortress-energy-completes-previously-announced-acquisition-and-rdldrn7k8q3a.html

User Image RioBets Posted - 1 month ago

$NFE 3 straight months of selling. WTF. The story sounded so good.

User Image Stock_Titan Posted - 1 month ago

$NFE New Fortress Energy Inc. Announces Early Results of its Cash Tender Offer for its 6.750% Senior Secured Notes due 2025 https://www.stocktitan.net/news/NFE/new-fortress-energy-inc-announces-early-results-of-its-cash-tender-xxtw65034lal.html

User Image DonCorleone77 Posted - 1 month ago

$NFE New Fortress Energy sells emergency power plants in PR to PREPA for $373M New Fortress Energy announces two transactions that further solidify our commitment to providing affordable and sustainable energy solutions in Puerto Rico. The Company sold the emergency power plants it constructed on behalf of the U.S. Army Corps of Engineers in San Juan and Palo Seco to PREPA for $373M in cash, subject to certain items and conditions. These plants were developed by the Company in 2023 in rapid response to a competitive bid by the U.S. Army Corps of Engineers to provide emergency power in order to stabilize the power grid in Puerto Rico. They have become a cornerstone of Puerto Rico's energy portfolio, delivering critical baseload power to stabilize the grid in the aftermath of recent natural disasters, and as contemplated, their ownership has been transferred to PREPA.

User Image Stock_Titan Posted - 1 month ago

$NFE New Fortress Energy Announces Transformative Transactions in Puerto Rico https://www.stocktitan.net/news/NFE/new-fortress-energy-announces-transformative-transactions-in-puerto-en9bd4x5tt2e.html

User Image coolio1982 Posted - 1 month ago

$NFE up

User Image Stock_Titan Posted - 1 month ago

$NFE New Fortress Energy Announces Upsizing and Pricing of $750 Million of Senior Secured Notes https://www.stocktitan.net/news/NFE/new-fortress-energy-announces-upsizing-and-pricing-of-750-million-of-kuenmykuznju.html

User Image Stock_Titan Posted - 1 month ago

$NFE New Fortress Energy Inc. Announces Cash Tender Offer for up to $250,000,000 of its 6.750% Senior Secured Notes due 2025 https://www.stocktitan.net/news/NFE/new-fortress-energy-inc-announces-cash-tender-offer-for-up-to-250-pneqp5rkaalg.html

User Image swingingtech Posted - 1 month ago

$NFE https://wallstreetwaves.com/deutsche-bank-downgrades-new-fortress-energy-nfe/

User Image Nm20200 Posted - 1 month ago

$NFE pitiful action today… mgt surely knows how to make it exciting

User Image joydivision Posted - 1 month ago

$NFE Really annoying they use good ER to just dilute shareholders - I understand they have high debt and they issue now new notes for 500mio but why dilute shareholders with this shelf offering. Disappointed

User Image Stock_Titan Posted - 1 month ago

$NFE New Fortress Energy Announces Proposed Offering of $500 Million of Senior Secured Notes https://www.stocktitan.net/news/NFE/new-fortress-energy-announces-proposed-offering-of-500-million-of-7usj5vdgcvgw.html

User Image DonCorleone77 Posted - 1 month ago

$NFE New Fortress Energy files to sell 114.67M shares of Class A common for holders

User Image tslato1million Posted - 1 month ago

$NFE btd

User Image Stock_Titan Posted - 1 month ago

$NFE New Fortress Energy Places Terminal Gas Sul LNG Terminal in Santa Catarina, Brazil into Operation https://www.stocktitan.net/news/NFE/new-fortress-energy-places-terminal-gas-sul-lng-terminal-in-santa-os0m8wfu16jp.html

User Image jason7925 Posted - 1 month ago

$NFE What's not to like about their ER? -Record Fourth Quarter and Full Year 2023 - Revenue of $2.43 full year 23 -Adjusted EBITDA $1.28b full year 23 -Net income $548m full year 23 -EPS on a fully diluted basis $2.65 full year 23 "all of our performance was a result of downstream operating results." With the Brazil Barcarena & Cataina terminals also operational on time = more Rev to come in 2024. Nicagagua still to come online in June as well. Very strong outlook 2024 - Rev $3.8b, Adjusted EBITDA $2b, Net Income $1b all nearly double 23. Really starting to believe NFE can/will deliver.

User Image Nosh Posted - 02/29/24

$NFE $COO Not bad…charts look nice on both.

User Image BuyHighSellDrunkk Posted - 02/29/24

$NFE sold for 10% gain. I’m out

User Image OpenOutcrier Posted - 02/29/24

$NFE (+7.3% pre) New Fortress Energy Inc. Reports Record Results for Q4 and Full Year 2023 https://finance.yahoo.com/news/fortress-energy-inc-reports-record-123214225.html

User Image BuyHighSellDrunkk Posted - 02/29/24

$NFE bounce back to $36 off earnings???

User Image MakingDreamsReality Posted - 02/29/24

PM mOOvers 👀 $STER - Sterling Check shares are trading higher after the company agreed to be acquired by First Advantage for approximately $2.2B, including outstanding debt $HRL - Hormel Foods Q1 Adj. EPS $0.41 Beats $0.34 Estimate, Sales $3.00B Beat $2.92B Estimate $NTRA -Natera Q4 2023 GAAP EPS $(0.65) Beats $(0.72) Estimate, Sales $311.10M Beat $285.58M Estimate $NFE - New Fortress Energy Announced That Its 6 MTPA (300 TBtu) Barcarena LNG Terminal Located In Pará, Brazil Is Now Operational With The Energos Celsius Floating Storage Regasification Unit On-site, New Fortress Energy Q4 Adj. EPS $1.01 Beats $0.78 Estimate, Sales $758.40M Beat $657.72M Estimate $RNA -Avidity Biosciences Announces $400M Private Placement Of 15.2M Shares At $16.50/Share And Pre-Funded Warrants To Purchase 9.0M Shares At $16.499/Pre Funded Warrant; Pro Forma Cash, Cash Equivalents And Investments Expected To Provide Runway Into Late 2026

Analyst Ratings
Deutsche Bank Hold Mar 4, 24
Stifel Buy Mar 1, 24
Capital One Equal-Weight Dec 19, 23
Stifel Buy Nov 13, 23
Stifel Buy Sep 29, 23
Citigroup Buy Sep 14, 23
Morgan Stanley Overweight Aug 9, 23
Barclays Equal-Weight Jul 31, 23
Morgan Stanley Overweight Jul 27, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Wilkinson Matthew Director Director Dec 29 Sell 42.11 10,800 454,788 46,907 01/03/23
Wanner Katherine Director Director Dec 22 Buy 41.79 3,370 140,832 82,599 12/23/22
Energy Transition Holdings LLC 10% Owner 10% Owner Dec 19 Sell 45.56 6,900,000 314,364,000 25,559,846 12/21/22
NFE SMRS Holdings LLC 10% Owner 10% Owner Apr 19 Sell 45.43 300,000 13,629,000 32,459,846 04/19/22
NFE SMRS Holdings LLC 10% Owner 10% Owner Apr 06 Sell 41.99 300,000 12,597,000 32,759,846 04/07/22
NFE SMRS Holdings LLC 10% Owner 10% Owner Apr 01 Sell 45.19 400,000 18,076,000 33,059,846 04/01/22
MACK JOHN J Director Director Aug 19 Buy 27.56 18,000 496,080 1,195,013 08/19/21