New Fortress Energy Inc.

NasdaqGS:NFE Stock Report

Market Cap: US$3.0b

New Fortress Energy Ownership

Who are the major shareholders and have insiders been buying or selling?


Recent Insider Transactions

NasdaqGS:NFE Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
01 Oct 24BuyUS$49,999,993Wesley EdensIndividual5,793,742US$8.63

Insider Trading Volume

Insider Buying: NFE insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of NFE?
Owner TypeNumber of SharesOwnership Percentage
State or Government28,4460.0113%
Hedge Funds13,456,5445.35%
General Public35,139,67414%
VC/PE Firms38,959,16315.5%
Institutions81,907,25132.6%
Individual Insiders81,928,22432.6%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.


Top Shareholders

Top 25 shareholders own 80.16% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
21.2%
Wesley Edens
53,334,666US$637.9m-26.6%no data
10.4%
Randal Nardone
26,196,526US$313.3m0%no data
10.2%
Great Mountain Partners LLC
25,559,846US$305.7m0%46.4%
5.35%
Encompass Capital Advisors LLC
13,456,544US$160.9m107%6.83%
5.33%
Fortress Investment Group LLC
13,399,317US$160.3m0%20.48%
4.59%
PRIMECAP Management Company
11,532,105US$137.9m43.7%0.09%
4.4%
William Blair Investment Management, LLC
11,057,878US$132.3m15.3%0.15%
4.22%
Capital Research and Management Company
10,605,037US$126.8m-40.4%0.01%
3.42%
The Vanguard Group, Inc.
8,591,057US$102.7m0.99%no data
2.05%
BlackRock, Inc.
5,149,924US$61.6m31.4%no data
1.27%
Invesco Ltd.
3,204,026US$38.3m-0.63%0.01%
1%
M&G Investment Management Limited
2,523,341US$30.2m-0.57%0.06%
0.83%
Federated Hermes, Inc.
2,084,504US$24.9m-50.2%0.06%
0.78%
Morgan Stanley, Investment Banking and Brokerage Investments
1,954,957US$23.4m-7.76%no data
0.74%
Hite Hedge Asset Management LLC
1,857,493US$22.2m-41.8%2.45%
0.62%
American Assets Capital Advisers, LLC
1,555,767US$18.6m106%5.75%
0.56%
John Mack
1,399,013US$16.7m0%no data
0.5%
Wells Fargo & Company, Securities and Brokerage Investments
1,257,365US$15.0m123%no data
0.48%
State Street Global Advisors, Inc.
1,205,046US$14.4m4.89%no data
0.44%
Dimensional Fund Advisors LP
1,117,051US$13.4m-22.6%no data
0.44%
Mirae Asset Global Investments Co., Ltd.
1,111,411US$13.3m61.6%0.01%
0.42%
Geode Capital Management, LLC
1,058,402US$12.7m-13.5%no data
0.34%
Kailix Advisors LLC
851,439US$10.2m-61.4%9.38%
0.34%
Huber Capital Management LLC
849,886US$10.2m109%1.97%
0.25%
Norges Bank Investment Management
630,733US$7.5m0%no data

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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