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New Fortress Energy
(NASDAQ:NFE)
New Fortress Energy (NFE) vs. SPDR S&P 500 ETF (SPY)
New Fortress Energy Business Overview & Revenue Model
New Fortress Energy Earnings Call Summary
New Fortress Energy Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.02B | 2.36B | 2.41B | 2.37B | 1.32B | 451.65M |
| Gross Profit | 777.27M | 1.09B | 1.14B | 1.19B | 581.81M | 125.30M |
| EBITDA | -19.60M | 317.51M | 1.11B | 440.85M | 350.45M | -160.19M |
| Net Income | -969.47M | -249.04M | 547.88M | 194.48M | 97.10M | -182.15M |
Balance Sheet | ||||||
| Total Assets | 11.96B | 12.87B | 10.50B | 7.71B | 6.88B | 1.91B |
| Cash, Cash Equivalents and Short-Term Investments | 551.11M | 492.88M | 155.41M | 675.49M | 187.51M | 601.52M |
| Total Debt | 9.41B | 9.50B | 7.37B | 4.89B | 4.14B | 1.36B |
| Total Liabilities | 10.56B | 10.87B | 8.72B | 6.26B | 4.88B | 1.53B |
| Stockholders Equity | 1.27B | 1.88B | 1.64B | 1.29B | 1.79B | 366.96M |
Cash Flow | ||||||
| Free Cash Flow | -1.89B | -2.03B | -2.21B | -818.90M | -584.58M | -282.56M |
| Operating Cash Flow | 39.62M | 586.74M | 824.76M | 355.11M | 84.77M | -125.57M |
| Investing Cash Flow | -890.48M | -2.07B | -2.90B | -82.73M | -2.27B | -157.63M |
| Financing Cash Flow | 1.38B | 2.22B | 1.53B | 321.96M | 1.82B | 819.50M |
New Fortress Energy Technical Analysis
New Fortress Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $1.88B | 18.32 | 7.20% | 4.19% | 11.27% | 20.04% | |
68 Neutral | $3.10B | 23.48 | 9.25% | 1.99% | 19.02% | 20.13% | |
66 Neutral | $1.20B | 12.33 | 15.50% | 7.10% | 6.29% | -1.67% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | $374.53M | 35.31 | ― | ― | 12.15% | -22.09% | |
51 Neutral | $1.75B | -533.60 | 0.45% | ― | ― | ― | |
45 Neutral | $398.37M | -0.35 | -66.14% | 7.14% | -15.57% | -423.86% |
New Fortress Energy Corporate Events
New Fortress Energy Inc. is a global energy infrastructure company that focuses on natural gas and liquefied natural gas (LNG) solutions to address energy poverty and promote clean energy transitions worldwide. The company operates a fleet of ships and logistics assets to deliver energy solutions to global markets.
The sale of New Fortress Energy’s Jamaica Business to Excelerate Energy, Inc. for $1,055 million poses a significant risk to the company’s financial health. Despite receiving net proceeds of approximately $678.5 million, the loss of this revenue-generating asset is expected to negatively impact their consolidated results and financial condition. The company aims to offset this loss by developing projects in Brazil, Nicaragua, and Puerto Rico, but there is uncertainty regarding the profitability and timely commencement of these operations. If these projects fail to compensate for the lost revenue, New Fortress Energy’s business, liquidity, and financial stability could be adversely affected.
On August 19, 2025, New Fortress Energy Inc. received a notice from Nasdaq indicating non-compliance with a listing rule due to the delayed filing of its Form 10-Q for the period ended June 30, 2025. The company has 60 days to submit a compliance plan and potentially up to 180 days to file the report, with no immediate impact on its Nasdaq listing. However, failure to comply could lead to delisting of its Class A common stock. The company is working diligently to meet the filing requirements within the given timeline.
The most recent analyst rating on (NFE) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on New Fortress Energy stock, see the NFE Stock Forecast page.
On August 8, 2025, New Fortress Energy Inc. entered into the Ninth Amendment to its Uncommitted Letter of Credit and Reimbursement Agreement, transitioning the facility from uncommitted to committed. This amendment extends the maturity date to November 14, 2025, introduces an asset sale sweep prepayment provision, and modifies fees and pricing, with commitments reduced to approximately $195,000, further decreasing to $155,000 by October 5, 2025.
The most recent analyst rating on (NFE) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on New Fortress Energy stock, see the NFE Stock Forecast page.
New Fortress Energy Inc. has filed a Form 12b-25 to notify a delay in submitting its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to ongoing negotiations for additional credit support required under a debt instrument, which may affect the financial statement presentation of long-term debt. Additionally, the company needs more time to complete procedures related to interim unaudited financial statements and allow its independent accounting firm to finish its review. The company anticipates filing the report within five calendar days following the prescribed due date. Financially, the company expects significant changes in its results, including decreased revenue from terminal operations due to the discontinuation of a temporary power project in Puerto Rico and the sale of its business in Jamaica. Operating expenses have increased due to goodwill and asset impairments, partially offset by gains from the sale of the Jamaican business. The notification was signed by Christopher S. Guinta, Chief Financial Officer, as part of the company’s ongoing compliance efforts.
The most recent analyst rating on (NFE) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on New Fortress Energy stock, see the NFE Stock Forecast page.