New Fortress Energy Inc. (NFE)
- Previous Close
22.97 - Open
22.78 - Bid 22.55 x 200
- Ask 22.74 x 200
- Day's Range
22.43 - 22.92 - 52 Week Range
22.43 - 40.04 - Volume
351,217 - Avg. Volume
1,602,539 - Market Cap (intraday)
4.643B - Beta (5Y Monthly) 1.49
- PE Ratio (TTM)
10.29 - EPS (TTM)
2.20 - Earnings Date Aug 6, 2024 - Aug 12, 2024
- Forward Dividend & Yield 0.40 (1.74%)
- Ex-Dividend Date Jun 14, 2024
- 1y Target Est
38.67
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; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
www.newfortressenergy.com677
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: NFE
Performance Overview: NFE
Trailing total returns as of 6/11/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: NFE
Valuation Measures
Market Cap
4.71B
Enterprise Value
12.30B
Trailing P/E
10.45
Forward P/E
36.50
PEG Ratio (5yr expected)
5.79
Price/Sales (ttm)
1.87
Price/Book (mrq)
2.82
Enterprise Value/Revenue
4.87
Enterprise Value/EBITDA
11.99
Financial Highlights
Profitability and Income Statement
Profit Margin
18.11%
Return on Assets (ttm)
5.86%
Return on Equity (ttm)
27.14%
Revenue (ttm)
2.49B
Net Income Avi to Common (ttm)
451.62M
Diluted EPS (ttm)
2.20
Balance Sheet and Cash Flow
Total Cash (mrq)
143.46M
Total Debt/Equity (mrq)
407.47%
Levered Free Cash Flow (ttm)
-2.47B
Research Analysis: NFE
Company Insights: NFE
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Research Reports: NFE
New Fortress Earnings: Project Delays Make Near Term More Difficult, Long-Term Objectives Attainable
New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
RatingPrice TargetNew Fortress Should Be Working on Its Balance Sheet in 2024
New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
RatingPrice TargetNew Fortress Should Be Working on Its Balance Sheet in 2024
New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
RatingPrice TargetNew Fortress Earnings: More Project Delays Heighten Debt Reduction Need
New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
RatingPrice Target