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New Fortress Energy Extends Forbearance Agreement Deadline

Story Highlights
  • New Fortress Energy extended its forbearance agreement for missed note payments to January 9, 2026.
  • An amendment to the Letter of Credit Facility maintains commitments at $195 million, ensuring liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
New Fortress Energy Extends Forbearance Agreement Deadline

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New Fortress Energy ( (NFE) ) has provided an update.

New Fortress Energy has extended its forbearance agreement related to its 12.000% Senior Secured Notes due 2029. Originally set to expire on December 15, 2025, the agreement has been extended to January 9, 2026, allowing the company additional time to negotiate a restructuring with stakeholders following a missed semiannual interest payment. Additionally, the company amended its Letter of Credit Facility on December 12, 2025, canceling a planned reduction in commitments under the agreement. This amendment maintains the facility’s commitments at $195 million, offering continued financial stability and liquidity for the business.

The most recent analyst rating on (NFE) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on New Fortress Energy stock, see the NFE Stock Forecast page.

Spark’s Take on NFE Stock

According to Spark, TipRanks’ AI Analyst, NFE is a Neutral.

New Fortress Energy’s overall stock score is primarily impacted by its financial challenges, including declining revenue and high leverage. The technical analysis suggests a bearish trend, and the valuation is unattractive due to negative profitability. The recent corporate event adds further financial risk, contributing to a cautious outlook.

To see Spark’s full report on NFE stock, click here.

More about New Fortress Energy

New Fortress Energy operates in the energy sector and specializes in providing natural gas and liquefied natural gas (LNG) solutions. The company focuses on innovative energy infrastructure and seeks to deliver reliable and affordable energy to global markets.

Average Trading Volume: 17,416,506

Technical Sentiment Signal: Sell

Current Market Cap: $332.9M

Find detailed analytics on NFE stock on TipRanks’ Stock Analysis page.

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