New Fortress Energy Inc.

NasdaqGS:NFE Stock Report

Market Cap: US$3.0b

New Fortress Energy Management

Management criteria checks 2/4

New Fortress Energy's CEO is Wes Edens, appointed in Aug 2018, has a tenure of 6.33 years. directly owns 21.21% of the company’s shares, worth $637.88M. The average tenure of the management team and the board of directors is 6 years and 5.9 years respectively.

Key information

Wes Edens

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure6.3yrs
CEO ownership21.2%
Management average tenure6yrs
Board average tenure5.9yrs

Recent management updates

Recent updates

New Fortress Energy: Investors Cheer Potential Asset Sales And Higher LNG Prices - Hold

Dec 06

New Fortress: Q3 Set To Miss Guidance As Execution Becomes Critical

Oct 24

New Fortress Energy: Running Out Of Time And Money, Sell

Oct 01

Lacklustre Performance Is Driving New Fortress Energy Inc.'s (NASDAQ:NFE) 27% Price Drop

Sep 26
Lacklustre Performance Is Driving New Fortress Energy Inc.'s (NASDAQ:NFE) 27% Price Drop

New Fortress Energy: Avoid On Poor Execution And Mounting Debt Issues

Sep 19

Are New Fortress Energy Inc. (NASDAQ:NFE) Investors Paying Above The Intrinsic Value?

Sep 11
Are New Fortress Energy Inc. (NASDAQ:NFE) Investors Paying Above The Intrinsic Value?

New Fortress: Refinancing Is Secured, Time To Look Ahead

Aug 28

Lacklustre Performance Is Driving New Fortress Energy Inc.'s (NASDAQ:NFE) 34% Price Drop

Aug 10
Lacklustre Performance Is Driving New Fortress Energy Inc.'s (NASDAQ:NFE) 34% Price Drop

New Fortress Energy: Highlighting Balance Sheet Frustrations

Jul 17

New Fortress Energy Inc.'s (NASDAQ:NFE) Shares Not Telling The Full Story

Jun 13
New Fortress Energy Inc.'s (NASDAQ:NFE) Shares Not Telling The Full Story

New Fortress Energy's Recent Contracts Could Enhance The Stock Price

Apr 04

Earnings Beat: New Fortress Energy Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Mar 03
Earnings Beat: New Fortress Energy Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

It's A Story Of Risk Vs Reward With New Fortress Energy Inc. (NASDAQ:NFE)

Feb 26
It's A Story Of Risk Vs Reward With New Fortress Energy Inc. (NASDAQ:NFE)

If EPS Growth Is Important To You, New Fortress Energy (NASDAQ:NFE) Presents An Opportunity

Jan 03
If EPS Growth Is Important To You, New Fortress Energy (NASDAQ:NFE) Presents An Opportunity

Are New Fortress Energy Inc. (NASDAQ:NFE) Investors Paying Above The Intrinsic Value?

Dec 08
Are New Fortress Energy Inc. (NASDAQ:NFE) Investors Paying Above The Intrinsic Value?

Here's Why New Fortress Energy (NASDAQ:NFE) Has Caught The Eye Of Investors

Aug 09
Here's Why New Fortress Energy (NASDAQ:NFE) Has Caught The Eye Of Investors

Estimating The Intrinsic Value Of New Fortress Energy Inc. (NASDAQ:NFE)

May 19
Estimating The Intrinsic Value Of New Fortress Energy Inc. (NASDAQ:NFE)

New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt

Apr 28
New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt

CEO

Wes Edens (62 yo)

6.3yrs

Tenure

Mr. Wesley Robert Edens, also known as Wes, is Chairman of Drive Shack Inc. from February 21, 2007. He joined the Drive Shack Inc. in June 2002. He is Co-Founder & Principal of Fortress Investment Group LL...


Leadership Team

NamePositionTenureCompensationOwnership
Wesley Edens
Founder6.3yrsno data21.21%
$ 637.9m
Christopher Guinta
Chief Financial Officer6.3yrsUS$2.00m0.080%
$ 2.4m
Yunyoung Shin
Chief Accounting Officer5.8yrsUS$1.10m0.019%
$ 570.1k
Andrew Dete
Presidentless than a yearno data0.018%
$ 532.8k
Brett Magill
Head of Investor Relations & MDno datano datano data
Jake Suski
Managing Director of Public Affairsno datano datano data
Brannen McElmurray
MD & Chief Development Officerno datano datano data
Sam Abdalla
Head of Distributed Generation Projects & VP of Project Developmentno datano datano data
Cameron MacDougall
Secretaryno datano datano data
Joshua Kane
Vice President of Investor Relationsno datano datano data
Patrick Hughes
Executive Officerno datano datano data
Kenneth Nicholson
Executive Officerno datano datano data

6.0yrs

Average Tenure

46yo

Average Age

Experienced Management: NFE's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wesley Edens
Founder6.3yrsno data21.21%
$ 637.9m
John Mack
Independent Non-Executive Director5.9yrsUS$100.00k0.56%
$ 16.7m
Randal Nardone
Director6.3yrsno data10.42%
$ 313.3m
Katherine Wanner
Independent Director5.9yrsUS$110.00k0.033%
$ 987.8k
David Grain
Independent Director5.9yrsUS$100.00k0.045%
$ 1.4m
Timothy Jay
Independent Director1.8yrsUS$82.30k0.017%
$ 508.8k
C. Griffin
Independent Director5.9yrsUS$100.00k0.14%
$ 4.1m
Desmond Catterall
Independent Director5.9yrsUS$100.00k0.029%
$ 873.2k

5.9yrs

Average Tenure

66yo

Average Age

Experienced Board: NFE's board of directors are considered experienced (5.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Fortress Energy Inc. is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christine ChoBarclays
Theresa ChenBarclays
Marc SolecittoBarclays