New Fortress Energy Key Executives
This section highlights New Fortress Energy's key executives, including their titles and compensation details.
Find Contacts at New Fortress Energy
(Showing 0 of )
New Fortress Energy Earnings
This section highlights New Fortress Energy's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-03-03 | $0.06 | $0.13 |
| Read Transcript | Q3 | 2024 | 2024-11-07 | $0.01 | $0.05 |
| Read Transcript | Q2 | 2024 | 2024-08-09 | $0.09 | $-0.41 |
| Read Transcript | Q1 | 2024 | 2024-05-08 | $0.60 | $0.67 |
| Read Transcript | Q4 | 2023 | 2024-02-29 | $0.78 | $1.06 |
| Read Transcript | Q3 | 2023 | 2023-11-08 | $0.35 | $0.30 |
| Read Transcript | Q2 | 2023 | 2023-08-08 | $0.48 | $0.58 |
| Read Transcript | Q1 | 2023 | 2023-05-04 | $0.82 | $0.90 |
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 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; landed micro-fuel handling facility in San Juan, Puerto Rico; marine LNG storage and regasification facility in Sergipe, Brazil; and LNG receiving facility in La Paz, Mexico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
$8.85
Stock Price
$2.42B
Market Cap
-
Employees
New York, NY
Location
Financial Statements
Access annual & quarterly financial statements for New Fortress Energy, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $2.36B | $2.41B | $2.37B | $1.32B | $451.65M |
| Cost of Revenue | $1.27B | $1.28B | $1.18B | $741.00M | $326.35M |
| Gross Profit | $1.09B | $1.14B | $1.19B | $581.81M | $125.30M |
| Gross Profit Ratio | 46.20% | 47.08% | 50.19% | 44.00% | 27.74% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $285.52M | $205.10M | $236.05M | $199.88M | $124.17M |
| Other Expenses | $268.35M | $- | $142.64M | $98.38M | $156.49M |
| Operating Expenses | $553.87M | $205.10M | $378.69M | $298.26M | $280.66M |
| Cost and Expenses | $1.83B | $1.47B | $1.56B | $1.04B | $607.01M |
| Interest Income | $- | $- | $205.86M | $154.32M | $65.72M |
| Interest Expense | $328.38M | $277.84M | $236.86M | $154.32M | $65.72M |
| Depreciation and Amortization | $162.01M | $187.32M | $142.64M | $98.83M | $33.24M |
| EBITDA | $317.51M | $1.11B | $440.85M | $350.45M | $-160.19M |
| EBITDA Ratio | 13.43% | 46.04% | 22.35% | 31.35% | -28.13% |
| Operating Income | $538.64M | $942.67M | $385.66M | $238.88M | $-155.36M |
| Operating Income Ratio | 22.78% | 39.06% | 16.28% | 18.06% | -34.40% |
| Total Other Income Expenses Net | $-711.52M | $-278.28M | $-324.31M | $-133.71M | $-103.79M |
| Income Before Tax | $-172.88M | $664.39M | $61.35M | $105.17M | $-259.15M |
| Income Before Tax Ratio | -7.31% | 27.53% | 2.59% | 7.95% | -57.38% |
| Income Tax Expense | $69.51M | $115.51M | $-123.44M | $12.46M | $4.82M |
| Net Income | $-249.04M | $547.88M | $194.48M | $97.10M | $-263.96M |
| Net Income Ratio | -10.53% | 22.70% | 8.21% | 7.34% | -58.44% |
| EPS | $-1.04 | $2.66 | $0.93 | $0.49 | $-2.47 |
| EPS Diluted | $-1.03 | $2.65 | $0.93 | $0.48 | $-2.47 |
| Weighted Average Shares Outstanding | 217.58M | 205.94M | 209.50M | 198.59M | 106.65M |
| Weighted Average Shares Outstanding Diluted | 218.62M | 206.48M | 209.85M | 201.70M | 106.65M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $679.00M | $567.53M | $428.01M | $690.32M | $758.36M | $514.46M | $561.35M | $579.13M | $546.37M | $731.93M | $584.86M | $505.12M | $648.63M | $304.66M | $223.84M | $145.68M | $145.70M | $136.86M | $94.57M | $74.53M |
| Cost of Revenue | $331.03M | $365.61M | $307.07M | $356.55M | $391.68M | $264.35M | $270.91M | $224.90M | $177.62M | $436.18M | $311.52M | $254.43M | $321.81M | $170.88M | $135.40M | $112.92M | $84.78M | $85.47M | $79.40M | $76.70M |
| Gross Profit | $347.97M | $201.93M | $120.94M | $333.77M | $366.68M | $250.11M | $290.44M | $354.23M | $368.75M | $295.75M | $273.34M | $250.69M | $326.82M | $133.78M | $88.44M | $32.76M | $60.91M | $51.39M | $15.17M | $-2.17M |
| Gross Profit Ratio | 51.25% | 35.58% | 28.30% | 48.30% | 48.40% | 48.60% | 51.70% | 61.20% | 67.50% | 40.40% | 46.70% | 49.60% | 50.40% | 43.90% | 39.50% | 22.50% | 41.81% | 37.55% | 16.04% | -2.91% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $28.37M | $- | $- | $28.37M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $4.50M | $- | $- | $- |
| Selling General and Administrative Expenses | $61.80M | $82.39M | $70.58M | $70.75M | $48.06M | $49.11M | $55.80M | $52.14M | $70.10M | $67.60M | $50.31M | $48.04M | $74.93M | $46.80M | $44.54M | $45.18M | $32.87M | $30.85M | $31.85M | $28.37M |
| Other Expenses | $55.90M | $40.00M | $- | $-19.11M | $5.74M | $2.27M | $6.58M | $34.38M | $36.20M | $-10.21M | $36.36M | $34.29M | $3.69M | $5.40M | $7.46M | $604.00K | $-826.00K | $-2.57M | $-999.00K | $-611.00K |
| Operating Expenses | $117.70M | $122.39M | $70.58M | $70.75M | $48.06M | $49.11M | $97.92M | $86.51M | $106.30M | $103.39M | $86.67M | $82.33M | $105.22M | $78.00M | $71.53M | $55.07M | $42.88M | $40.34M | $163.37M | $33.83M |
| Cost and Expenses | $448.73M | $488.00M | $377.65M | $427.31M | $439.74M | $49.11M | $368.83M | $52.14M | $283.92M | $539.58M | $398.19M | $336.76M | $427.03M | $248.87M | $206.93M | $167.99M | $127.67M | $125.81M | $242.77M | $110.53M |
| Interest Income | $-27.56M | $- | $- | $- | $50.61M | $64.82M | $64.40M | $71.67M | $49.52M | $- | $- | $- | $- | $- | $10.29M | $- | $- | $- | $- | $- |
| Interest Expense | $71.97M | $71.11M | $80.40M | $77.34M | $- | $64.82M | $64.40M | $71.67M | $80.52M | $61.01M | $47.84M | $44.92M | $46.57M | $55.88M | $31.48M | $18.19M | $14.82M | $15.40M | $17.20M | $13.89M |
| Depreciation and Amortization | $38.54M | $325.29M | $37.91M | $50.49M | $62.16M | $48.67M | $42.12M | $34.38M | $36.20M | $36.01M | $36.72M | $34.45M | $30.30M | $31.26M | $27.22M | $10.14M | $10.28M | $9.70M | $7.84M | $5.48M |
| EBITDA | $-71.30M | $410.67M | $34.39M | $206.13M | $400.02M | $201.02M | $241.93M | $286.57M | $185.33M | $163.22M | $-180.41M | $270.87M | $233.99M | $74.61M | $61.38M | $-12.42M | $26.78M | $-5.34M | $-140.59M | $-40.69M |
| EBITDA Ratio | -10.50% | 72.36% | 8.03% | 45.41% | 50.21% | 66.82% | 43.42% | 73.76% | 36.15% | 25.12% | -21.85% | 54.08% | 38.09% | 24.62% | 40.34% | -8.26% | 18.68% | 10.06% | -149.48% | -41.77% |
| Operating Income | $230.27M | $79.54M | $50.36M | $263.01M | $318.62M | $149.59M | $190.97M | $242.22M | $161.09M | $186.74M | $186.67M | $238.32M | $219.49M | $53.94M | $-12.24M | $-22.31M | $18.03M | $11.05M | $-148.21M | $-36.00M |
| Operating Income Ratio | 33.91% | 14.01% | 11.77% | 38.10% | 42.01% | 29.08% | 34.02% | 41.82% | 29.48% | 25.51% | 31.92% | 47.18% | 33.84% | 17.70% | -5.47% | -15.31% | 12.38% | 8.08% | -156.72% | -48.30% |
| Total Other Income Expenses Net | $-412.28M | $-65.27M | $-133.78M | $-106.21M | $-73.97M | $-62.06M | $-55.54M | $-86.70M | $-93.37M | $-120.53M | $-451.64M | $-46.82M | $-62.37M | $-68.18M | $-75.20M | $-18.08M | $-15.65M | $-45.89M | $-18.20M | $-23.89M |
| Income Before Tax | $-182.01M | $14.27M | $-83.42M | $78.29M | $260.91M | $87.04M | $135.42M | $170.55M | $68.61M | $66.20M | $-264.97M | $191.50M | $157.13M | $-14.24M | $2.67M | $-40.39M | $2.38M | $-34.83M | $-166.40M | $-60.06M |
| Income Before Tax Ratio | -26.81% | 2.51% | -19.49% | 11.34% | 34.40% | 16.92% | 24.12% | 29.45% | 12.56% | 9.04% | -45.31% | 37.91% | 24.22% | -4.68% | 1.20% | -27.72% | 1.64% | -25.45% | -175.96% | -80.58% |
| Income Tax Expense | $41.50M | $4.97M | $3.44M | $21.62M | $46.04M | $25.82M | $15.32M | $20.34M | $2.81M | $9.97M | $-86.54M | $-49.68M | $5.40M | $3.53M | $4.41M | $-877.00K | $2.87M | $1.84M | $117.00K | $-4.00K |
| Net Income | $-223.56M | $9.30M | $-88.85M | $54.08M | $217.21M | $61.22M | $119.25M | $150.21M | $64.13M | $61.85M | $-178.43M | $238.27M | $150.86M | $-9.81M | $-6.04M | $-37.90M | $170.00K | $-36.36M | $-137.43M | $-8.30M |
| Net Income Ratio | -32.93% | 1.64% | -20.76% | 7.83% | 28.64% | 11.90% | 21.24% | 25.94% | 11.74% | 8.45% | -30.51% | 47.17% | 23.26% | -3.22% | -2.70% | -26.02% | 0.12% | -26.57% | -145.32% | -11.13% |
| EPS | $-1.11 | $0.03 | $-0.44 | $0.26 | $1.06 | $0.30 | $0.58 | $0.72 | $0.31 | $0.30 | $-0.85 | $1.14 | $0.73 | $-0.05 | $-0.03 | $-0.21 | $0.00 | $-0.21 | $-2.40 | $-0.32 |
| EPS Diluted | $-1.10 | $0.03 | $-0.44 | $0.26 | $1.06 | $0.30 | $0.58 | $0.72 | $0.31 | $0.29 | $-0.85 | $1.13 | $0.72 | $-0.05 | $-0.03 | $-0.21 | $0.00 | $-0.21 | $-2.40 | $-0.32 |
| Weighted Average Shares Outstanding | 217.58M | 205.07M | 205.07M | 205.06M | 205.03M | 205.03M | 205.05M | 208.71M | 208.77M | 209.63M | 209.59M | 209.93M | 207.48M | 207.50M | 201.47M | 176.50M | 170.86M | 170.07M | 57.34M | 26.03M |
| Weighted Average Shares Outstanding Diluted | 218.62M | 208.88M | 205.85M | 205.98M | 205.56M | 205.03M | 205.71M | 209.33M | 209.75M | 209.80M | 209.67M | 210.08M | 210.51M | 207.50M | 202.33M | 176.50M | 170.86M | 170.07M | 57.34M | 26.03M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $492.88M | $155.41M | $675.49M | $187.51M | $601.52M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $492.88M | $155.41M | $675.49M | $187.51M | $601.52M |
| Net Receivables | $335.81M | $424.57M | $318.51M | $208.50M | $85.76M |
| Inventory | $103.22M | $113.68M | $39.07M | $37.18M | $22.86M |
| Other Current Assets | $678.19M | $286.31M | $354.08M | $147.11M | $51.87M |
| Total Current Assets | $1.61B | $979.97M | $1.39B | $584.87M | $762.01M |
| Property Plant Equipment Net | $6.46B | $8.42B | $4.92B | $4.09B | $996.63M |
| Goodwill | $766.35M | $776.76M | $776.76M | $760.13M | $- |
| Intangible Assets | $179.51M | $51.81M | $85.90M | $142.94M | $46.10M |
| Goodwill and Intangible Assets | $945.86M | $828.58M | $862.66M | $903.08M | $46.10M |
| Long Term Investments | $- | $145.47M | $392.31M | $1.18B | $45.43M |
| Tax Assets | $2.70M | $9.91M | $8.07M | $6.00M | $2.31M |
| Other Non-Current Assets | $3.85B | $119.23M | $137.08M | $106.38M | $55.60M |
| Total Non-Current Assets | $11.26B | $9.52B | $6.32B | $6.29B | $1.15B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $12.87B | $10.50B | $7.71B | $6.88B | $1.91B |
| Account Payables | $473.74M | $549.49M | $80.39M | $68.08M | $21.33M |
| Short Term Debt | $795.86M | $457.17M | $162.30M | $191.48M | $70.96M |
| Tax Payables | $88.61M | $54.04M | $6.26M | $8.88M | $- |
| Deferred Revenue | $14.41M | $65.29M | $12.75M | $244.03M | $99.33M |
| Other Current Liabilities | $334.80M | $580.30M | $1.15B | $294.07M | $98.86M |
| Total Current Liabilities | $1.71B | $1.71B | $1.41B | $562.51M | $191.15M |
| Long Term Debt | $8.83B | $6.92B | $5.08B | $4.23B | $1.32B |
| Deferred Revenue Non-Current | $- | $31.70M | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $73.20M | $44.44M | $25.99M | $269.51M | $2.33M |
| Other Non-Current Liabilities | $166.36M | $23.93M | $-253.11M | $-175.59M | $15.64M |
| Total Non-Current Liabilities | $9.07B | $7.02B | $4.85B | $4.32B | $1.34B |
| Other Liabilities | $90.57M | $- | $- | $- | $- |
| Total Liabilities | $10.87B | $8.72B | $6.26B | $4.88B | $1.53B |
| Preferred Stock | $90.57M | $- | $- | $- | $- |
| Common Stock | $2.66M | $2.05M | $2.09M | $2.07M | $1.75M |
| Retained Earnings | $196.36M | $527.99M | $62.08M | $-132.40M | $-229.50M |
| Accumulated Other Comprehensive Income Loss | $3.09M | $71.53M | $55.40M | $-2.08M | $182.00K |
| Other Total Stockholders Equity | $1.58B | $1.04B | $1.17B | $1.92B | $594.53M |
| Total Stockholders Equity | $1.88B | $1.64B | $1.29B | $1.79B | $366.96M |
| Total Equity | $2.00B | $1.78B | $1.44B | $1.99B | $375.09M |
| Total Liabilities and Stockholders Equity | $12.87B | $10.50B | $7.71B | $6.88B | $1.91B |
| Minority Interest | $122.66M | $137.78M | $152.04M | $202.48M | $8.13M |
| Total Liabilities and Total Equity | $12.87B | $10.50B | $7.71B | $6.88B | $1.91B |
| Total Investments | $- | $145.47M | $392.31M | $1.18B | $45.43M |
| Total Debt | $9.50B | $7.37B | $4.89B | $4.14B | $1.36B |
| Net Debt | $9.01B | $7.22B | $4.22B | $3.95B | $757.84M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $492.88M | $90.84M | $297.85M | $314.93M | $310.81M | $171.33M | $104.34M | $296.86M | $675.49M | $364.31M | $138.33M | $156.17M | $187.51M | $224.38M | $143.14M | $360.13M | $601.52M | $112.72M | $167.32M | $232.70M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-1 | $17.78M | $18.68M | $18.87M | $- | $2.13M | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $492.88M | $90.84M | $297.85M | $314.93M | $310.81M | $171.33M | $104.34M | $296.86M | $675.49M | $364.31M | $138.33M | $156.17M | $187.51M | $224.38M | $143.14M | $360.13M | $601.52M | $112.72M | $167.32M | $232.70M |
| Net Receivables | $481.44M | $435.88M | $557.03M | $472.15M | $342.37M | $360.82M | $275.29M | $353.19M | $318.51M | $476.21M | $351.34M | $277.20M | $208.50M | $163.93M | $121.96M | $97.64M | $85.76M | $94.56M | $65.07M | $45.98M |
| Inventory | $103.22M | $88.09M | $141.72M | $186.58M | $113.68M | $103.33M | $128.41M | $76.54M | $39.07M | $62.80M | $72.15M | $54.27M | $37.18M | $82.39M | $61.49M | $28.03M | $22.86M | $19.40M | $50.88M | $28.60M |
| Other Current Assets | $532.56M | $419.14M | $125.53M | $262.96M | $286.31M | $257.55M | $143.52M | $378.67M | $354.08M | $141.23M | $174.81M | $118.68M | $147.11M | $145.02M | $146.57M | $62.41M | $51.87M | $53.84M | $60.43M | $105.87M |
| Total Current Assets | $1.61B | $1.03B | $1.12B | $1.04B | $979.97M | $866.20M | $713.69M | $1.15B | $1.39B | $1.04B | $736.63M | $606.33M | $584.87M | $615.72M | $475.95M | $548.21M | $762.01M | $280.52M | $345.16M | $414.61M |
| Property Plant Equipment Net | $10.04B | $2.78B | $9.12B | $8.70B | $8.42B | $7.83B | $7.26B | $5.93B | $4.92B | $4.36B | $4.57B | $4.42B | $4.09B | $3.78B | $3.48B | $1.11B | $996.63M | $998.87M | $930.06M | $929.25M |
| Goodwill | $766.35M | $776.76M | $776.76M | $776.76M | $776.76M | $776.76M | $776.76M | $776.76M | $776.76M | $778.49M | $778.49M | $760.13M | $760.13M | $740.13M | $748.60M | $- | $- | $- | $- | $- |
| Intangible Assets | $179.51M | $206.27M | $207.73M | $211.85M | $51.81M | $67.44M | $74.54M | $80.31M | $85.90M | $92.34M | $121.09M | $135.65M | $142.94M | $166.96M | $225.67M | $65.93M | $46.10M | $44.38M | $42.93M | $42.28M |
| Goodwill and Intangible Assets | $945.86M | $983.03M | $984.49M | $988.61M | $828.58M | $844.20M | $851.30M | $857.07M | $862.66M | $870.83M | $899.58M | $895.78M | $903.08M | $907.10M | $974.27M | $65.93M | $46.10M | $44.38M | $42.93M | $42.28M |
| Long Term Investments | $- | $8.68M | $24.43M | $26.42M | $137.79M | $139.06M | $138.57M | $136.30M | $392.31M | $1.03B | $939.74M | $1.33B | $1.18B | $1.23B | $1.31B | $58.39M | $1.26M | $164.00K | $323.00K | $140.00K |
| Tax Assets | $2.70M | $13.38M | $43.02M | $27.55M | $9.91M | $8.07M | $8.07M | $8.07M | $8.07M | $4.75M | $5.63M | $6.05M | $6.00M | $6.09M | $6.22M | $5.06M | $2.31M | $2.53M | $2.74M | $2.76M |
| Other Non-Current Assets | $272.90M | $7.15B | $114.88M | $101.41M | $126.90M | $110.68M | $164.24M | $138.56M | $137.08M | $124.09M | $103.33M | $110.10M | $106.38M | $128.69M | $146.83M | $40.02M | $99.77M | $73.34M | $100.30M | $100.08M |
| Total Non-Current Assets | $11.26B | $10.94B | $10.29B | $9.84B | $9.52B | $8.93B | $8.42B | $7.07B | $6.32B | $6.40B | $6.51B | $6.76B | $6.29B | $6.05B | $5.92B | $1.28B | $1.15B | $1.12B | $1.08B | $1.07B |
| Other Assets | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $12.87B | $11.97B | $11.41B | $10.88B | $10.50B | $9.80B | $9.14B | $8.22B | $7.71B | $7.44B | $7.25B | $7.37B | $6.88B | $6.67B | $6.39B | $1.83B | $1.91B | $1.40B | $1.42B | $1.49B |
| Account Payables | $473.74M | $819.54M | $572.75M | $524.53M | $549.49M | $892.92M | $602.76M | $310.27M | $80.39M | $104.04M | $111.44M | $81.13M | $68.08M | $210.26M | $97.45M | $27.97M | $21.33M | $92.77M | $24.85M | $21.26M |
| Short Term Debt | $667.49M | $1.27B | $477.89M | $587.10M | $457.17M | $555.14M | $633.81M | $490.37M | $162.30M | $160.91M | $207.72M | $221.77M | $191.48M | $313.77M | $264.70M | $69.71M | $70.96M | $72.76M | $53.67M | $59.89M |
| Tax Payables | $88.61M | $72.76M | $69.26M | $79.11M | $54.04M | $31.18M | $19.16M | $26.59M | $6.26M | $26.27M | $19.45M | $10.48M | $8.88M | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $14.41M | $- | $96.33M | $10.24M | $65.29M | $435.69M | $62.40M | $36.02M | $12.75M | $16.67M | $30.52M | $18.93M | $244.03M | $166.21M | $198.78M | $99.67M | $99.33M | $61.83M | $171.88M | $75.91M |
| Other Current Liabilities | $463.17M | $549.94M | $348.57M | $365.88M | $580.30M | $431.96M | $749.74M | $532.92M | $1.15B | $263.10M | $257.39M | $264.95M | $294.07M | $243.87M | $273.30M | $98.19M | $98.86M | $56.72M | $171.18M | $70.51M |
| Total Current Liabilities | $1.71B | $2.71B | $1.56B | $1.57B | $1.71B | $1.91B | $2.07B | $1.40B | $1.41B | $570.99M | $596.00M | $578.33M | $562.51M | $767.90M | $635.46M | $195.87M | $191.15M | $222.25M | $249.70M | $151.65M |
| Long Term Debt | $8.83B | $7.36B | $7.91B | $7.29B | $6.92B | $6.53B | $5.76B | $5.65B | $5.08B | $5.03B | $4.71B | $4.51B | $4.23B | $3.78B | $3.42B | $1.31B | $1.32B | $1.06B | $1.01B | $1.01B |
| Deferred Revenue Non-Current | $11.75M | $- | $12.38M | $12.58M | $406.49M | $41.82M | $- | $36.02M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $73.20M | $66.23M | $97.94M | $93.08M | $44.44M | $27.21M | $27.19M | $26.45M | $25.99M | $101.11M | $140.29M | $239.06M | $269.51M | $284.18M | $293.07M | $5.19M | $2.33M | $182.00K | $20.00K | $- |
| Other Non-Current Liabilities | $245.18M | $146.81M | $34.12M | $36.65M | $23.93M | $-254.29M | $-273.55M | $-299.00M | $-253.11M | $-264.95M | $-269.14M | $-278.90M | $-175.59M | $-55.44M | $45.64M | $25.70M | $15.64M | $14.62M | $14.31M | $13.30M |
| Total Non-Current Liabilities | $9.16B | $7.57B | $8.06B | $7.42B | $7.02B | $6.31B | $5.52B | $5.38B | $4.85B | $4.87B | $4.58B | $4.47B | $4.32B | $4.01B | $3.75B | $1.35B | $1.34B | $1.08B | $1.02B | $1.02B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $10.87B | $10.28B | $9.62B | $8.98B | $8.72B | $8.22B | $7.58B | $6.77B | $6.26B | $5.44B | $5.18B | $5.05B | $4.88B | $4.78B | $4.39B | $1.54B | $1.53B | $1.30B | $1.27B | $1.17B |
| Preferred Stock | $- | $- | $97.84M | $96.66M | $- | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $2.66M | $2.05M | $2.05M | $2.05M | $2.05M | $2.05M | $2.05M | $2.05M | $2.09M | $2.09M | $2.08M | $2.08M | $2.07M | $2.07M | $2.06M | $1.75M | $1.75M | $1.69M | $341.68M | $133.17M |
| Retained Earnings | $196.36M | $438.50M | $450.87M | $561.42M | $527.99M | $331.28M | $290.56M | $191.82M | $62.08M | $-2.05M | $-63.90M | $105.87M | $-132.40M | $-283.26M | $-273.45M | $-267.41M | $-229.50M | $-229.67M | $-192.85M | $-55.43M |
| Accumulated Other Comprehensive Income Loss | $3.09M | $37.14M | $43.65M | $64.18M | $71.53M | $63.31M | $74.35M | $57.34M | $55.40M | $45.61M | $78.23M | $116.79M | $-2.08M | $24.62M | $101.42M | $59.00K | $182.00K | $85.00K | $352.00K | $-83.00K |
| Other Total Stockholders Equity | $1.67B | $1.09B | $1.06B | $1.04B | $1.04B | $1.04B | $1.04B | $1.05B | $1.17B | $1.80B | $1.87B | $1.89B | $1.92B | $1.91B | $1.93B | $551.13M | $594.53M | $318.64M | $-6.17M | $-6.13M |
| Total Stockholders Equity | $1.88B | $1.56B | $1.66B | $1.77B | $1.64B | $1.44B | $1.41B | $1.30B | $1.29B | $1.85B | $1.89B | $2.11B | $1.79B | $1.66B | $1.76B | $285.53M | $366.96M | $90.74M | $143.00M | $71.52M |
| Total Equity | $2.00B | $1.69B | $1.79B | $1.90B | $1.78B | $1.58B | $1.55B | $1.45B | $1.44B | $2.00B | $2.07B | $2.32B | $1.99B | $1.88B | $2.00B | $291.18M | $375.09M | $98.74M | $150.07M | $314.19M |
| Total Liabilities and Stockholders Equity | $12.87B | $11.97B | $11.41B | $10.88B | $10.50B | $9.80B | $9.14B | $8.22B | $7.71B | $7.44B | $7.25B | $7.37B | $6.88B | $6.67B | $6.39B | $1.83B | $1.91B | $1.40B | $1.42B | $1.49B |
| Minority Interest | $122.66M | $126.81M | $127.27M | $128.32M | $137.78M | $142.49M | $144.71M | $150.57M | $152.04M | $154.82M | $187.50M | $204.33M | $202.48M | $228.07M | $239.57M | $5.65M | $8.13M | $8.00M | $7.07M | $242.67M |
| Total Liabilities and Total Equity | $12.87B | $11.97B | $11.41B | $10.88B | $10.50B | $9.80B | $9.14B | $8.22B | $7.71B | $7.44B | $7.25B | $7.37B | $6.88B | $6.67B | $6.39B | $1.83B | $1.91B | $1.40B | $1.42B | $1.49B |
| Total Investments | $- | $8.68M | $24.43M | $26.42M | $137.79M | $139.06M | $138.57M | $136.30M | $392.31M | $1.03B | $957.52M | $1.35B | $1.20B | $1.23B | $1.31B | $58.39M | $1.26M | $164.00K | $323.00K | $140.00K |
| Total Debt | $9.50B | $8.62B | $8.27B | $7.73B | $7.37B | $6.63B | $5.91B | $5.68B | $4.89B | $4.82B | $4.54B | $4.33B | $4.14B | $3.97B | $3.65B | $1.35B | $1.36B | $1.10B | $1.03B | $1.04B |
| Net Debt | $9.01B | $8.53B | $8.14B | $7.41B | $7.06B | $6.46B | $5.81B | $5.39B | $4.22B | $4.46B | $4.40B | $4.18B | $3.95B | $3.75B | $3.51B | $988.89M | $757.84M | $987.68M | $866.92M | $807.22M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-242.39M | $547.88M | $184.79M | $92.71M | $-263.96M |
| Depreciation and Amortization | $33.17M | $187.32M | $143.59M | $99.54M | $33.30M |
| Deferred Income Tax | $5.47M | $14.94M | $-279.54M | $-8.82M | $2.75M |
| Stock Based Compensation | $50.62M | $1.57M | $30.38M | $37.04M | $8.74M |
| Change in Working Capital | $- | $189.38M | $-104.80M | $-147.85M | $22.54M |
| Accounts Receivables | $- | $-41.02M | $-139.94M | $-123.58M | $-61.73M |
| Inventory | $-2.75M | $-39.79M | $-7.93M | $-11.15M | $23.23M |
| Accounts Payables | $187.79M | $78.06M | $67.74M | $17.53M | $55.51M |
| Other Working Capital | $- | $192.12M | $-24.67M | $-30.64M | $5.53M |
| Other Non Cash Items | $739.87M | $-116.34M | $380.69M | $12.14M | $71.06M |
| Net Cash Provided by Operating Activities | $586.74M | $824.76M | $355.11M | $84.77M | $-125.57M |
| Investments in Property Plant and Equipment | $-2.62B | $-3.03B | $-1.17B | $-669.35M | $-157.00M |
| Acquisitions Net | $- | $100.00M | $500.08M | $-1.59B | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $136.37M | $- | $593.00M | $- | $- |
| Other Investing Activities | $410.22M | $25.69M | $-1.79M | $-9.35M | $-636.00K |
| Net Cash Used for Investing Activities | $-2.07B | $-2.90B | $-82.73M | $-2.27B | $-157.63M |
| Debt Repayment | $2.06B | $2.32B | $511.21M | $1.97B | $605.27M |
| Common Stock Issued | $386.58M | $- | $72.60M | $30.12M | $291.99M |
| Common Stock Repurchased | $- | $-9.52M | $-72.60M | $-30.12M | $- |
| Dividends Paid | $-65.31M | $-723.96M | $-99.05M | $-88.76M | $-33.74M |
| Other Financing Activities | $-160.97M | $-65.97M | $-90.20M | $-67.94M | $-44.02M |
| Net Cash Used Provided by Financing Activities | $2.22B | $1.53B | $321.96M | $1.82B | $819.50M |
| Effect of Forex Changes on Cash | $-81.90M | $6.17M | $-3.29M | $6.54M | $- |
| Net Change in Cash | $654.76M | $-544.27M | $591.05M | $-365.31M | $536.30M |
| Cash at End of Period | $965.58M | $310.81M | $855.08M | $264.03M | $629.34M |
| Cash at Beginning of Period | $310.81M | $855.08M | $264.03M | $629.34M | $93.03M |
| Operating Cash Flow | $586.74M | $824.76M | $355.11M | $84.77M | $-125.57M |
| Capital Expenditure | $-2.62B | $-3.03B | $-1.17B | $-669.35M | $-157.00M |
| Free Cash Flow | $-2.03B | $-2.21B | $-818.90M | $-584.58M | $-282.56M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-223.51M | $15.90M | $-86.86M | $54.08M | $217.21M | $62.34M | $120.10M | $151.57M | $65.81M | $56.23M | $-178.43M | $241.18M | $151.72M | $-17.77M | $-1.73M | $-39.51M | $-485.00K | $-36.91M | $-166.52M | $-60.05M |
| Depreciation and Amortization | $38.54M | $36.08M | $37.41M | $50.49M | $62.16M | $48.90M | $42.34M | $34.61M | $36.40M | $36.01M | $36.32M | $34.85M | $30.57M | $31.51M | $27.30M | $10.16M | $10.28M | $9.70M | $7.84M | $5.48M |
| Deferred Income Tax | $19.62M | $-295.00K | $-7.04M | $-6.82M | $13.72M | $1.22M | $- | $- | $-76.51M | $-24.92M | $-119.34M | $-58.77M | $-4.54M | $-6.73M | $3.86M | $-1.41M | $2.37M | $373.00K | $33.00K | $-18.00K |
| Stock Based Compensation | $2.77M | $22.54M | $20.06M | $5.25M | $1.57M | $- | $1.18M | $- | $15.73M | $13.42M | $358.00K | $880.00K | $32.10M | $1.56M | $1.61M | $1.77M | $2.24M | $2.07M | $1.92M | $2.51M |
| Change in Working Capital | $232.26M | $-17.05M | $147.03M | $-129.99M | $30.69M | $-24.12M | $171.38M | $11.43M | $273.98M | $-223.67M | $-116.86M | $-38.25M | $-7.42M | $-69.37M | $12.73M | $-83.79M | $27.50M | $10.31M | $-653.00K | $-14.62M |
| Accounts Receivables | $160.65M | $18.10M | $- | $-8.66M | $45.72M | $-72.21M | $-42.67M | $28.14M | $147.81M | $-163.91M | $-65.38M | $-58.46M | $-47.95M | $-37.62M | $-18.80M | $-408.56M | $25.81M | $-45.63M | $-35.15M | $-6.77M |
| Inventory | $-25.88M | $85.95M | $22.72M | $-85.54M | $-10.55M | $31.47M | $-58.44M | $-2.27M | $20.14M | $7.09M | $-16.55M | $-18.62M | $45.02M | $-20.71M | $-30.29M | $-5.17M | $-3.46M | $31.48M | $-39.62M | $34.83M |
| Accounts Payables | $157.62M | $-225.17M | $192.13M | $63.21M | $4.85M | $-2.54M | $119.15M | $-43.40M | $40.08M | $-82.09M | $3.08M | $68.52M | $20.06M | $-27.26M | $47.13M | $-22.40M | $31.53M | $10.33M | $11.52M | $2.13M |
| Other Working Capital | $-60.13M | $104.07M | $-67.82M | $-99.00M | $-9.33M | $19.15M | $153.34M | $28.96M | $65.94M | $15.24M | $-38.02M | $-88.15M | $-72.50M | $-21.39M | $-4.11M | $352.34M | $-26.39M | $14.13M | $62.60M | $-44.82M |
| Other Non Cash Items | $370.85M | $-73.94M | $-17.70M | $234.25M | $48.09M | $-51.30M | $-30.08M | $2.54M | $-51.40M | $6.75M | $434.51M | $-65.51M | $22.03M | $32.46M | $-43.14M | $793.00K | $-51.76M | $-20.94M | $128.36M | $15.40M |
| Net Cash Provided by Operating Activities | $440.54M | $-16.77M | $92.92M | $70.05M | $287.57M | $33.31M | $303.74M | $200.14M | $264.01M | $-79.83M | $56.55M | $114.38M | $224.46M | $-28.34M | $634.00K | $-111.99M | $-9.86M | $-35.39M | $-29.01M | $-51.31M |
| Investments in Property Plant and Equipment | $-839.96M | $-434.89M | $-662.94M | $-683.45M | $-838.23M | $-725.96M | $-902.37M | $-563.27M | $-386.84M | $-345.46M | $-252.49M | $-189.22M | $-238.80M | $-195.22M | $-154.51M | $-80.81M | $-41.15M | $-20.42M | $-39.32M | $-56.10M |
| Acquisitions Net | $58.34M | $-329.00M | $- | $329.00M | $- | $- | $- | $100.00M | $500.08M | $- | $- | $- | $-1.59B | $- | $-1.59B | $-8.82M | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $136.37M | $- | $- | $- | $100.00M | $1.10B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $15.53M | $338.05M | $1.00K | $-1.70M | $-352.00K | $27.49M | $-1.45M | $-100.00M | $-1.10B | $591.21M | $- | $- | $1.58B | $-5.00M | $-120.00K | $-630.00K | $-773.00K | $59.00K | $28.00K | $50.00K |
| Net Cash Used for Investing Activities | $-766.09M | $-425.84M | $-662.93M | $-219.78M | $-838.58M | $-698.47M | $-903.82M | $-463.27M | $113.23M | $245.75M | $-252.49M | $-189.22M | $-242.40M | $-200.22M | $-1.74B | $-90.26M | $-41.93M | $-20.36M | $-39.30M | $-56.05M |
| Debt Repayment | $812.88M | $416.98M | $601.56M | $194.86M | $634.95M | $744.56M | $220.71M | $698.92M | $97.66M | $121.66M | $214.72M | $77.17M | $-33.09M | $368.13M | $1.64B | $- | $263.12M | $16.40M | $- | $325.74M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $9.52M | $- | $5.00K | $- | $- | $- | $- | $- | $- | $- | $291.99M | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $-9.52M | $- | $-5.00K | $-59.54M | $- | $-13.05M | $-407.00K | $- | $-153.00K | $-29.56M | $1.75B | $-239.00K | $-33.00K | $-6.08M |
| Dividends Paid | $-3.99M | $-5.61M | $-23.38M | $-32.33M | $-23.52M | $-23.52M | $-27.12M | $-649.80M | $-23.90M | $-27.77M | $-23.60M | $-23.77M | $-23.70M | $-23.70M | $-23.69M | $-17.66M | $-16.87M | $-16.87M | $- | $- |
| Other Financing Activities | $314.80M | $-46.17M | $-114.00K | $-4.92M | $-6.55M | $-19.55M | $-14.22M | $-5.90M | $-1.51M | $-70.83M | $-1.30M | $-16.56M | $-407.00K | $-14.86M | $-20.47M | $-30.23M | $281.43M | $-13.74M | $436.00K | $-20.15M |
| Net Cash Used Provided by Financing Activities | $1.12B | $365.20M | $578.06M | $157.62M | $604.88M | $701.49M | $179.36M | $43.22M | $72.25M | $23.06M | $189.82M | $36.84M | $-57.20M | $329.56M | $1.59B | $-47.89M | $527.68M | $-14.21M | $436.00K | $305.59M |
| Effect of Forex Changes on Cash | $-69.29M | $16.28M | $-25.13M | $-3.77M | $5.25M | $-685.00K | $660.00K | $948.00K | $1.61M | $-2.88M | $-15.00M | $12.98M | $4.58M | $3.28M | $-1.32M | $- | $- | $- | $- | $- |
| Net Change in Cash | $728.85M | $-61.12M | $-17.09M | $4.12M | $73.32M | $35.64M | $-420.06M | $-218.96M | $451.09M | $186.10M | $-21.11M | $-25.02M | $-70.57M | $104.28M | $-148.88M | $-250.13M | $475.90M | $-69.96M | $-67.87M | $198.23M |
| Cash at End of Period | $965.58M | $236.72M | $297.85M | $314.93M | $310.81M | $251.70M | $216.06M | $636.12M | $855.08M | $403.99M | $217.89M | $239.01M | $264.03M | $334.60M | $230.32M | $379.20M | $629.34M | $153.44M | $223.39M | $291.26M |
| Cash at Beginning of Period | $236.72M | $297.85M | $314.93M | $310.81M | $237.49M | $216.06M | $636.12M | $855.08M | $403.99M | $217.89M | $239.01M | $264.03M | $334.60M | $230.32M | $379.20M | $629.34M | $153.44M | $223.39M | $291.26M | $93.03M |
| Operating Cash Flow | $440.54M | $-16.77M | $92.92M | $70.05M | $287.57M | $33.31M | $303.74M | $200.14M | $264.01M | $-79.83M | $56.55M | $114.38M | $224.46M | $-28.34M | $634.00K | $-111.99M | $-9.86M | $-35.39M | $-29.01M | $-51.31M |
| Capital Expenditure | $-839.96M | $-434.89M | $-662.94M | $-683.45M | $-838.23M | $-725.96M | $-902.37M | $-563.27M | $-386.84M | $-345.46M | $-252.49M | $-189.22M | $-238.80M | $-195.22M | $-154.51M | $-80.81M | $-41.15M | $-20.42M | $-39.32M | $-56.10M |
| Free Cash Flow | $-399.41M | $-451.66M | $-570.02M | $-613.40M | $-550.66M | $-692.66M | $-598.64M | $-363.13M | $-122.84M | $-425.29M | $-195.94M | $-74.84M | $-14.34M | $-223.56M | $-153.88M | $-192.80M | $-51.01M | $-55.81M | $-68.34M | $-107.41M |
New Fortress Energy Dividends
Explore New Fortress Energy's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
1.99%
Dividend Payout Ratio
-26.22%
Dividend Paid & Capex Coverage Ratio
0.22x
New Fortress Energy Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.1 | $0.1 | September 13, 2024 | September 13, 2024 | September 27, 2024 | August 08, 2024 |
| $0.1 | $0.1 | June 14, 2024 | June 15, 2024 | June 27, 2024 | May 07, 2024 |
| $0.1 | $0.1 | March 14, 2024 | March 15, 2024 | March 27, 2024 | February 26, 2024 |
| $0.1 | $0.1 | December 12, 2023 | December 13, 2023 | December 27, 2023 | November 07, 2023 |
| $0.1 | $0.1 | September 12, 2023 | September 13, 2023 | September 27, 2023 | August 07, 2023 |
| $0.1 | $0.1 | June 14, 2023 | June 15, 2023 | June 28, 2023 | May 04, 2023 |
| $0.1 | $0.1 | March 16, 2023 | March 17, 2023 | March 28, 2023 | February 28, 2023 |
| $3 | $3 | January 03, 2023 | January 04, 2023 | January 13, 2023 | December 13, 2022 |
| $0.1 | $0.1 | December 06, 2022 | December 07, 2022 | December 20, 2022 | November 08, 2022 |
| $0.1 | $0.1 | September 06, 2022 | September 07, 2022 | September 21, 2022 | August 03, 2022 |
| $0.1 | $0.1 | June 13, 2022 | June 14, 2022 | June 28, 2022 | May 04, 2022 |
| $0.1 | $0.1 | March 17, 2022 | March 18, 2022 | March 29, 2022 | February 28, 2022 |
| $0.1 | $0.1 | December 06, 2021 | December 07, 2021 | December 17, 2021 | November 02, 2021 |
| $0.1 | $0.1 | September 03, 2021 | September 07, 2021 | September 17, 2021 | August 04, 2021 |
| $0.1 | $0.1 | May 28, 2021 | June 01, 2021 | June 11, 2021 | May 07, 2021 |
| $0.1 | $0.1 | March 25, 2021 | March 26, 2021 | March 31, 2021 | March 15, 2021 |
| $0.1 | $0.1 | December 01, 2020 | December 02, 2020 | December 09, 2020 | October 29, 2020 |
| $0.1 | $0.1 | September 03, 2020 | September 07, 2020 | September 14, 2020 | August 27, 2020 |
New Fortress Energy News
Read the latest news about New Fortress Energy, including recent articles, headlines, and updates.
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 and operations in Jamaica for $1.055 billion. Proceeds from the transaction will be used to reduce NFE's corporate debt and for general corporate purposes. This transaction is expected to close in the second quarter of 2025 and marks a key step in NFE's strategy to optimize its asset portfolio and.
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. (“NFE”) (NASDAQ: NFE) under which Excelerate will acquire NFE's business in Jamaica for $1.055 billion in cash. Under the terms of the agreement, Excelerate will acquire the assets and operations of the Montego Bay LNG Terminal, the Old Harbour LNG Terminal, and the Clarendon combined heat and powe.
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 Authority (“PREPA”) to a term of 100 days. Previously, we announced that the islandwide gas supply contract was to be extended for one year. The revised 100-day extension provides a bridge period to facilitate an open request for proposals (“RFP”) for updated terms and duration of the gas supply co.
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 company completed a number of debt management transactions as well as a $400 million equity raise, which extended maturities and provided much-needed liquidity. Management lowered Adjusted EBITDA expectations for 2025.
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 Chris Guinta - Chief Financial Officer Jeremy Dawson - Vice President of Business Development Conference Call Participants Ben Nolan - Stifel Chris Robertson - Deutsche Bank Sherif Elmaghrabi - BTIG Craig Shere - Tuohy Brothers Wade Suki - Capital One Operator Good day, and welcome to the NFE Fourth Quarter 2024 Earnings Call. Today's conference is being recorded.
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 Highlights Adjusted EBITDA(1) of $313 million in the fourth quarter of 2024 and $950 million in the full year 2024 Net loss of $224 million in the fourth quarter of 2024 and $242 million in the full year 2024, driven primarily by costs incurred with refinancing our debt including a Q4 loss on exti.
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 Authority ("PREPA"). Additionally, the 10-year Operation and Maintenance Agreement between Genera, NFE's subsidiary, and PREPA will be modified to eliminate future incentive payments in exchange for a $110 million payment. NFE worked closely with Puerto Rico Governor Jenniffer Gonzalez-Colon, the Puerto R.
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, 2025. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Monday, March 3rd, 2025 at 5:00 P.M. Eastern Time. The conference call may be accessed by.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
Bronstein, Gewirtz & Grossman, LLC Encourages New Fortress Energy Inc. (NFE) Investors to Inquire about Securities Investigation
NEW YORK CITY, NY / ACCESS Newswire / January 31, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
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 Redeemable Preferred Units for the period from November 15, 2024 through February 14, 2025. This will be payable on February 18, 2025 to all Series A preferred unitholders of record as of February 10, 2025. About New Fortress Energy Inc. New Fortress Energy Inc. (NASDAQ: NFE) is a global energy inf.
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against New Fortress Energy Inc. (NFE) And Encourages Investors to Reach Out
NEW YORK CITY, NY / ACCESS Newswire / January 30, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy Inc. ("New Fortress" or "the Company") (NASDAQ:NFE). Investors who purchased New Fortress securities prior to December 2, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NFE.
Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for NFE.