MARKET COMPOSITE
NFE - New Fortress Energy Inc8:00:00 PM 3/28/2024
Price
$30.59
+ 0.99 (3.34%)
New Fortress Energy Inc. operates as an integrated energy infrastructure company worldwide. It funds, builds, and operates natural gas infrastructure and logistics to deliver integrated turnkey energy solutions that enhance environmental stewardship and transform local industries and communities. The company was founded in 2014 and is based in New York, New York.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue643MM+53%
Gross Profit368.2MM-
Cost Of Revenue274.8MM+43%
Operating Income334.9MM-
Operating Expenses33.3MM-
Net Income217.2MM-
G&A48.1MM-2%
Amortization7.5MM+19%
Interest Expense77MM+19%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    NEW YORK, March 22, 2024--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") announced today that management will host a conference call on Monday, March 25, 2024, at 11:00 am Eastern Time to discuss the Company's transformative transactions in Puerto Rico and Brazil.

    The transaction aligns with New Fortress Energy's (NFE) big goal to help fight energy shortage and make clean, reliable energy more available worldwide.

    NEW YORK, March 20, 2024--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") has completed the previously announced acquisition and transfer of a 1.6 GW Capacity Reserve Contract ("PortoCem PPA" or "PPA") from Ceiba Energy, a portfolio company of Denham Capital, in exchange for newly issued NFE redeemable Series A Convertible Preferred Stock and the assumption of certain liabilities from a subsidiary of Ceiba Energy.

    NEW YORK, March 19, 2024--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") today announced the early results of its previously announced cash tender offer (the "Tender Offer") to purchase for cash up to $375,000,000 in aggregate principal amount (as such aggregate principal amount may be increased or decreased by the Company, the "Aggregate Maximum Principal Amount") of its outstanding 6.750% Senior Secured Notes due 2025 (the "Notes"), subject to the terms and conditions set forth in the

    NEW YORK, March 18, 2024--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") is pleased to announce two transactions that further solidify our commitment to providing affordable and sustainable energy solutions in Puerto Rico.

    New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.

    The slump in the hydrogen space, marked by a 20% year-to-date slide in the Global X Hydrogen ETF (NASDAQ:HYDR), underscores a market teeming with undervalued hydrogen stocks. The market correction presents an excellent opportunity for investors bullish on undervalued hydrogen stocks to capitalize on their potential. Transitioning to a broader energy narrative, the surge toward sustainable solutions bolsters the attractiveness of hydrogen stocks. Despite facing scalability and challenges related

    In this article, we will take a detailed look at Jim Cramer’s 10 Latest Stock Picks This Week. For a quick overview of such stocks, read our article Jim Cramer’s 5 Latest Stock Picks This Week. Jim Cramer in his latest program talked about the ever-growing appetite for semiconductor chips in the market, demonstrating the enormous gains of […]

    NEW YORK, March 05, 2024--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") announced today the pricing of its previously announced private offering of $750 million aggregate principal amount of senior secured notes due 2029 (the "Notes"). The aggregate principal amount represents an increase in the size of the offering of $250 million from the previously announced offering of $500 million. The Notes will bear interest at 8.750% per annum and will be issued at an issue price equal to 100% o

    NEW YORK, March 05, 2024--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") previously announced the commencement of a tender offer (the "Tender Offer") to purchase for cash up to $250,000,000 in aggregate principal amount of its outstanding 6.750% Senior Secured Notes due 2025 (the "Notes"). The Company hereby amends the Tender Offer to purchase for cash up to $375,000,000 in aggregate principal amount of the Notes (as such aggregate principal amount may be increased or decreased by the Co