NFE Stock Overview
About the company
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; landed micro-fuel handling facility in San Juan, Puerto Rico; FRSU 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.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 6/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
New Fortress Energy Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$29.43 |
| 52 Week High | US$63.06 |
| 52 Week Low | US$26.14 |
| Beta | 1.62 |
| 1 Month Change | -11.75% |
| 3 Month Change | -30.62% |
| 1 Year Change | -34.48% |
| 3 Year Change | 225.91% |
| 5 Year Change | n/a |
| Change since IPO | 125.17% |
Recent News & Updates
Recent updates
Here's Why We Think New Fortress Energy (NASDAQ:NFE) Is Well Worth Watching
Mar 20
New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt
Nov 10New Fortress Energy goes ex-dividend on Tuesday
Sep 02New Fortress Energy: A Golden Decade May Lie Ahead
Aug 13Forecast: Analysts Think New Fortress Energy Inc.'s (NASDAQ:NFE) Business Prospects Have Improved Drastically
Aug 12New Fortress Energy Q2 2022 Earnings Preview
Aug 03Are Investors Undervaluing New Fortress Energy Inc. (NASDAQ:NFE) By 30%?
Jul 06Analysts Just Made A Major Revision To Their New Fortress Energy Inc. (NASDAQ:NFE) Revenue Forecasts
May 14We Think New Fortress Energy (NASDAQ:NFE) Is Taking Some Risk With Its Debt
May 09New Fortress: $2-$2.5 Billion In New Liquidity Could Make The Price Spike
May 03New Fortress Energy Inc. (NASDAQ:NFE) Shares Could Be 37% Below Their Intrinsic Value Estimate
Apr 04Robust Earnings May Not Tell The Whole Story For New Fortress Energy (NASDAQ:NFE)
Mar 08New Fortress To Generate At Least $1 Billion In Annual Free Cash Flow
Jan 24Does New Fortress Energy (NASDAQ:NFE) Have A Healthy Balance Sheet?
Jan 19New Fortress Energy Is Building Potential And Risk
Dec 23New Fortress Energy (NASDAQ:NFE) Is Due To Pay A Dividend Of US$0.10
Nov 28New Fortress Energy (NASDAQ:NFE) Has Re-Affirmed Its Dividend Of US$0.10
Nov 06New Fortress Energy Is Pumping Up, But Balance Sheet Is A Concern
Oct 01Is New Fortress Energy (NASDAQ:NFE) A Risky Investment?
Sep 16New Fortress Energy (NASDAQ:NFE) Has Announced A Dividend Of US$0.10
Aug 08Calculating The Fair Value Of New Fortress Energy Inc. (NASDAQ:NFE)
Jul 04New Fortress Energy: Capitalizing On The Renewables Growth Opportunity
Jun 16New Fortress Energy (NASDAQ:NFE) Is Carrying A Fair Bit Of Debt
Jun 10New Fortress Energy Inc. 2021 Q1 - Results - Earnings Call Presentation
May 10New Fortress Energy Q1 2021 Earnings Preview
May 06Analysts Just Made A Major Revision To Their New Fortress Energy Inc. (NASDAQ:NFE) Revenue Forecasts
Apr 29Loss-Making New Fortress Energy Inc. (NASDAQ:NFE) Set To Breakeven
Apr 16New Fortress Energy Inc. (NASDAQ:NFE) Analysts Just Slashed This Year's Revenue Estimates By 13%
Mar 26Have Insiders Been Buying New Fortress Energy Inc. (NASDAQ:NFE) Shares This Year?
Mar 18Did Business Growth Power New Fortress Energy's (NASDAQ:NFE) Share Price Gain of 208%?
Feb 23News Flash: Analysts Just Made An Incredible Upgrade To Their New Fortress Energy Inc. (NASDAQ:NFE) Forecasts
Jan 28
Something To Consider Before Buying New Fortress Energy Inc. (NASDAQ:NFE) For The 0.9% Dividend
Jan 26Breakeven Is Near for New Fortress Energy Inc. (NASDAQ:NFE)
Jan 05Shareholder Returns
| NFE | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 8.0% | 5.6% | 3.7% |
| 1Y | -34.5% | 6.4% | -12.1% |
Return vs Industry: NFE underperformed the US Oil and Gas industry which returned 7% over the past year.
Return vs Market: NFE underperformed the US Market which returned -12.9% over the past year.
Price Volatility
| NFE volatility | |
|---|---|
| NFE Average Weekly Movement | 8.8% |
| Oil and Gas Industry Average Movement | 6.7% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NFE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: NFE's weekly volatility (9%) has been stable over the past year.
New Fortress Energy Inc. Fundamentals Summary
| NFE fundamental statistics | |
|---|---|
| Market Cap | US$6.14b |
| Earnings (TTM) | US$194.48m |
| Revenue (TTM) | US$2.37b |
31.6x
P/E Ratio2.6x
P/S RatioIs NFE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NFE income statement (TTM) | |
|---|---|
| Revenue | US$2.37b |
| Cost of Revenue | US$1.09b |
| Gross Profit | US$1.28b |
| Other Expenses | US$1.09b |
| Earnings | US$194.48m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.93 |
| Gross Margin | 54.04% |
| Net Profit Margin | 8.21% |
| Debt/Equity Ratio | 315.0% |
How did NFE perform over the long term?
See historical performance and comparison