NFE - New Fortress Energy LLC Stock Price, Fair Value and News

26.72USD+0.64 (+2.45%)Delayed

Market Summary

USD26.72+0.64

Delayed

2.45%

NFE Alerts

Big fall in earnings (Y/Y)

NFE Stock Price

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NFE RSI Chart

NFE Valuation

Market Cap

5.5B

Price/Earnings (Trailing)

12.14

Price/Sales (Trailing)

2.17

EV/EBITDA

11.34

Price/Free Cashflow

-2.23

NFE Price/Sales (Trailing)

NFE Profitability

EBT Margin

22.27%

Return on Equity

25.09%

Return on Assets

4.15%

Free Cashflow Yield

-44.81%

NFE Fundamentals

NFE Revenue

Revenue (TTM)

2.5B

Rev. Growth (Yr)

19.2%

Rev. Growth (Qtr)

-8.97%

NFE Earnings

Earnings (TTM)

451.5M

Earnings Growth (Yr)

-64.32%

Earnings Growth (Qtr)

-74.97%

Breaking Down NFE Revenue

Last 7 days

-0.8%

Last 30 days

-2.8%

Last 90 days

-17.9%

Trailing 12 Months

-3.3%

How does NFE drawdown profile look like?

NFE Financial Health

Current Ratio

0.66

Debt/Equity

3.74

Debt/Cashflow

0.1

NFE Investor Care

Shares Dilution (1Y)

0.02%

Diluted EPS (TTM)

2.2

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.5B	0	0	0
2023	2.4B	2.4B	2.2B	2.4B
2022	1.7B	2.0B	2.5B	2.4B
2021	522.8M	652.1M	819.9M	1.3B
2020	233.7M	288.5M	375.7M	451.6M
2019	116.5M	129.5M	150.7M	189.1M
2018	101.0M	104.8M	108.5M	112.3M
2017	0	0	0	97.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of New Fortress Energy LLC

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 26, 2023	catterall desmond iain	bought	125,640	26.54	4,734	-
May 24, 2023	jay timothy w.	bought	7,000	28.00	250	-
May 24, 2023	jay timothy w.	bought	55,700	27.85	2,000	-
May 23, 2023	jay timothy w.	bought	21,215	28.2867	750	-
May 23, 2023	jay timothy w.	bought	84,845	28.2817	3,000	-
Apr 05, 2023	guinta christopher s.	sold (taxes)	-678,743	28.99	-23,413	chief financial officer
Apr 05, 2023	shin yunyoung	sold (taxes)	-653,116	28.99	-22,529	chief accounting officer
Apr 03, 2023	shin yunyoung	acquired	-	-	42,338	chief accounting officer
Apr 03, 2023	guinta christopher s.	acquired	-	-	42,338	chief financial officer
Dec 30, 2022	wilkinson matthew	sold	-169,135	42.2837	-4,000	-

Which funds bought or sold NFE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.17	-571,801	1,901,630	-%
May 16, 2024	COMERICA BANK	added	1,775	784,345	839,543	-%
May 16, 2024	Tidal Investments LLC	added	10.86	-35,451	314,985	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-72.78	-18,294,800	5,180,420	-%
May 16, 2024	CASTLEARK MANAGEMENT LLC	unchanged	-	-10,460	44,814	-%
May 16, 2024	Lumbard & Kellner, LLC	reduced	-0.22	-1,237,140	5,239,670	2.55%
May 15, 2024	Man Group plc	added	129	201,529	435,908	-%
May 15, 2024	Voya Investment Management LLC	added	52.59	492,844	2,570,940	-%
May 15, 2024	Bramshill Investments, LLC	sold off	-100	-124,678	-	-%
May 15, 2024	BOOTHBAY FUND MANAGEMENT, LLC	reduced	-32.24	-311,254	379,469	0.01%

Are Funds Buying or Selling NFE?

Are funds buying NFE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NFE

No. of Funds

NFE Alerts

Big fall in earnings (Y/Y)

Unveiling New Fortress Energy LLC's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	capital world investors	7.3%	14,964,622	SC 13G/A
May 22, 2023	nardone randal a	12.8%	26,196,526	SC 13D/A
May 22, 2023	edens wesley r	23.2%	47,540,924	SC 13D/A
Feb 13, 2023	capital world investors	5.2%	10,788,975	SC 13G
Dec 21, 2022	energy transition holdings llc	12.2%	25,559,846	SC 13D/A
Nov 10, 2022	golar lng ltd	4.9%	10,220,368	SC 13D/A
Apr 21, 2022	nfe smrs holdings llc	15.7%	32,459,846	SC 13D/A
Apr 07, 2022	golar lng ltd	6.01%	12,427,451	SC 13D/A
Jun 15, 2021	edens lynn	12.1%	25,086,851	SC 13D/A
Jun 15, 2021	edens wesley r	23.0%	47,540,925	SC 13D/A

Recent SEC filings of New Fortress Energy LLC

View All Filings

Date Filed	Form Type	Document
May 16, 2024	4	Insider Trading
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 29, 2024	ARS	ARS
Apr 29, 2024	DEF 14A	DEF 14A
Apr 29, 2024	DEFA14A	DEFA14A
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Mar 27, 2024	8-K	Current Report
Mar 26, 2024	424B7	Prospectus Filed

Peers (Alternatives to New Fortress Energy LLC)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	12.47%	-9.52%	26.0K	3.6K	3.29%	8.78%
AEP	48.9B	19.3B	14.08%	6.97%	17.34	2.53	-2.13%	41.75%
AWK	26.1B	4.3B	15.91%	-5.62%	27.17	6.05	10.78%	15.26%
AEE	19.9B	7.3B	3.93%	-10.32%	17.28	2.75	-10.88%	5.77%
ATO	17.9B	4.1B	3.59%	2.86%	17.91	4.41	-11.13%	20.48%
NRG	17.2B	28.5B	12.08%	145.94%	10.44	0.6	-9.05%	188.86%
AES	15.1B	12.5B	31.78%	2.75%	-2.3K	1.21	-3.77%	98.49%
AGR	13.9B	8.3B	-0.61%	-7.27%	15.54	1.68	0.05%	30.98%
MID-CAP
PNW	8.9B	4.7B	9.02%	0.32%	16.53	1.89	4.84%	12.15%
ALE	3.6B	1.7B	8.54%	2.16%	15.12	2.11	-1.93%	32.23%
AVA	3.0B	1.9B	13.79%	-9.74%	15.98	1.6	9.47%	35.66%
SMALL-CAP
CWCO	449.2M	187.0M	18.84%	49.37%	13.94	2.4	74.12%	297.37%
CDZI	211.5M	3.0M	45.12%	-34.59%	-7.66	71.39	94.10%	6.65%
VIA	35.4M	415.8M	1.48%	-12.04%	1.49	0.09	-11.16%	525.10%
CREG	8.7M	867.4K	-11.11%	-35.00%	-9.31	9.96	-88.45%	77.17%

New Fortress Energy LLC News

Latest updates

New Fortress Energy LLC Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-9.0%	690	758	514	561	579	546	732	585	505	649	305	224	146	146	137	95.00	75.00	70.00	50.00	40.00	30.00
Costs and Expenses	19.4%	506	423	365	370	312	296	545	451	339	429	251	236	168	128	126	243	111	106	97.00	84.00	89.00
Operating Expenses	-7.7%	8.00	9.00	12.00	11.00	13.00	2.00	20.00	19.00	23.00	21.00	15.00	15.00	-	-	-	-	-	-	-	-	-
S&GA Expenses	47.2%	71.00	48.00	49.00	56.00	52.00	70.00	68.00	50.00	48.00	75.00	47.00	45.00	34.00	33.00	27.00	32.00	29.00	30.00	41.00	32.00	50.00
EBITDA Margin	-10.4%	0.42*	0.46*	0.46*	0.42*	0.40*	0.39*	0.35*	0.36*	0.34*	0.26*	0.16*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.5%	77.00	77.00	65.00	64.00	72.00	81.00	64.00	48.00	45.00	47.00	58.00	31.00	19.00	15.00	20.00	17.00	14.00	5.00	5.00	6.00	3.00
Income Taxes	-53.0%	22.00	46.00	25.00	15.00	29.00	3.00	10.00	-86.54	-49.68	5.00	4.00	4.00	-0.88	3.00	2.00	0.00	0.00	0.00	-0.06	0.00	0.00
Earnings Before Taxes	-70.3%	78.00	264	87.00	133	171	186	98.00	108	141	166	2.00	-36.27	-40.39	2.00	-34.83	-166	-60.23	-38.27	-54.49	-51.08	-60.05
EBT Margin	-17.9%	0.22*	0.27*	0.26*	0.24*	0.23*	0.23*	0.21*	0.20*	0.16*	0.07*	-0.09*	-0.17*	-	-	-	-	-	-	-	-	-
Net Income	-75.0%	54.00	216	61.00	120	152	67.00	62.00	-178	241	148	-9.81	-1.73	-39.51	0.00	-36.36	-166	-60.22	-7.34	-6.72	-6.19	-13.56
Net Income Margin	-21.4%	0.18*	0.23*	0.18*	0.17*	0.04*	0.08*	0.11*	0.10*	0.22*	0.07*	-0.06*	-0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	-11.4%	-613	-550	-692	-598	-363	-122	-425	-195	-74.84	-14.34	-223	-153	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.6%	10,880	10,501	9,796	9,135	8,224	7,705	7,441	7,251	7,366	6,876	6,665	6,392	1,832	1,908	1,400	1,422	1,489	1,124	1,148	1,057	1,117
Current Assets	6.0%	1,039	980	866	714	1,154	1,387	1,045	737	606	585	616	476	548	762	281	345	415	211	317	319	432
Cash Equivalents	102.6%	315	155	171	104	297	675	364	138	156	264	335	230	379	629	153	223	291	93.00	244	258	417
Inventory	64.1%	187	114	103	128	77.00	39.00	63.00	72.00	54.00	37.00	82.00	61.00	28.00	23.00	19.00	51.00	29.00	63.00	29.00	20.00	27.00
Goodwill	0%	777	777	777	777	777	777	778	778	760	760	740	749	-	-	-	-	-	-	-	-	-
Liabilities	3.0%	8,984	8,723	8,218	7,584	6,774	6,263	5,439	5,179	5,048	4,882	4,781	4,390	1,541	1,533	1,301	1,271	1,175	736	727	590	607
Current Liabilities	-8.2%	1,567	1,706	1,911	2,068	1,396	1,409	571	596	578	563	768	635	196	191	222	250	152	102	599	574	595
Short Term Borrowings	-2.6%	177	182	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	491	488
Long Term Debt	3.4%	6,735	6,511	5,898	5,064	4,952	4,477	4,397	4,052	3,837	3,758	3,598	3,326	1,240	1,240	980	950	945	619	113	-	-
LT Debt, Current	-0.4%	292	293	-	-	277	65.00	58.00	100	101	97.00	250	205	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	6,511	5,898	5,064	4,952	4,477	4,397	4,052	3,837	3,758	3,598	3,326	1,240	1,240	980	950	945	619	113	-	-
Shareholder's Equity	9.7%	1,800	1,640	1,436	1,551	1,449	1,290	2,002	2,073	2,318	1,994	1,884	2,002	291	375	99.00	150	314	387	420	467	509
Retained Earnings	6.3%	561	528	331	291	192	62.00	-2.05	-63.89	106	-132	-283	-273	-267	-229	-229	-192	-55.43	-45.82	-38.48	-31.76	-25.57
Additional Paid-In Capital	0.5%	1,044	1,039	1,039	1,039	1,048	1,170	1,802	1,869	1,889	1,924	1,913	1,932	551	595	325	-	-	-	-	-	-
Shares Outstanding	0%	205	205	205	205	205	209	210	210	210	199	196	190	-	-	-	-	-	-	-	-	-
Minority Interest	-6.9%	128	138	142	145	151	152	155	187	204	202	228	240	6.00	8.00	8.00	7.00	243	303	335	388	433
Float	-100.0%	-	2,776	-	-	-	-	-	3,929	-	-	-	2,754	-	-	-	417	-	-	-	166	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-75.6%	70,050	287,572	33,307	303,737	200,140	264,006	-79,828	56,551	114,382	224,457	-28,335	634	-111,986	-9,856	-35,387	-29,012	-51,311	-79,500	-62,693	-61,020	-31,048
Share Based Compensation	-	5,248	-	-	-	-	15,727	13,417	358	880	32,098	1,562	1,613	1,770	2,242	2,071	1,922	2,508	5,372	7,825	8,971	19,037
Cashflow From Investing	73.8%	-219,780	-838,581	-698,470	-903,824	-463,268	113,234	245,748	-252,487	-189,221	-242,403	-200,225	-1,740,676	-90,257	-41,927	-20,360	-39,296	-56,048	-81,129	-63,158	-95,880	-135,997
Cashflow From Financing	-73.9%	157,617	604,878	701,489	179,362	43,221	72,247	23,056	189,818	36,836	-57,205	329,565	1,592,475	-47,891	527,682	-14,209	436	305,589	9,606	111,891	-2,083	483,193
Dividend Payments	-100.0%	-	45,825	3,019	3,019	649,796	46,570	3,019	3,019	23,773	26,724	20,686	20,670	17,657	16,871	16,871	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	122,754	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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NFE Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Operating revenue	$ 609,504	$ 501,688
Vessel charter revenue	46,655	76,524
Other revenue	34,162	919
Total revenues	690,321	579,131
Operating expenses
Cost of sales (exclusive of depreciation and amortization shown separately below)	229,117	184,938
Vessel operating expenses	8,396	13,291
Operations and maintenance	68,548	26,671
Selling, general and administrative	70,754	52,138
Transaction and integration costs	1,371	494
Depreciation and amortization	50,491	34,375
Loss on asset sales	77,140	0
Total operating expenses	505,817	311,907
Operating income	184,504	267,224
Interest expense	77,344	71,673
Other expense, net	19,112	25,005
Loss on extinguishment of debt, net	(9,754)	0
Income before income from equity method investments and income taxes	78,294	170,546
Income (Loss) from Equity Method Investments	0	9,980
Tax provision	21,624	28,960
Net income	56,670	151,566
Net (income) attributable to non-controlling interest	(2,589)	(1,360)
Net income attributable to stockholders	$ 54,081	$ 150,206
Net income per share - basic (in dollars per share)	$ 0.26	$ 0.72
Net income per share - diluted (in dollars per share)	$ 0.26	$ 0.71
Weighted average number of shares outstanding, basic (in shares)	205,061,967	208,707,385
Weighted average number of shares outstanding - diluted (in shares)	205,977,720	209,325,619
Other comprehensive income:
Currency translation adjustment	$ (7,708)	$ 2,141
Comprehensive income	48,962	153,707
Comprehensive (income) attributable to non-controlling interest	(2,230)	(1,555)
Comprehensive income attributable to stockholders	$ 46,732	$ 152,152

NFE Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 143,457	$ 155,414
Restricted cash	171,476	155,400
Receivables, net of allowances of $12,828 and $1,158, respectively	335,313	342,371
Inventory	186,584	113,684
Prepaid expenses and other current assets, net	201,953	213,104
Total current assets	1,038,783	979,973
Construction in progress	5,797,511	5,348,294
Property, plant and equipment, net	2,175,882	2,481,415
Equity method investments	0	137,793
Right-of-use assets	726,391	588,385
Intangible assets, net	211,854	51,815
Goodwill	776,760	776,760
Deferred tax assets, net	27,549	9,907
Other non-current assets, net	125,632	126,903
Total assets	10,880,362	10,501,245
Current liabilities
Current portion of long-term debt and short-term borrowings	291,518	292,625
Accounts payable	524,535	549,489
Accrued liabilities	417,612	471,675
Current lease liabilities	147,793	164,548
Other current liabilities	185,415	227,951
Total current liabilities	1,566,873	1,706,288
Long-term debt	6,734,860	6,510,523
Non-current lease liabilities	552,619	406,494
Deferred tax liabilities, net	93,083	44,444
Other long-term liabilities	36,645	55,627
Total liabilities	8,984,080	8,723,376
Commitments and contingencies (Note 21)
Series A convertible preferred stock, $0.01 par value, 96,746 shares authorized, issued and outstanding as of March 31, 2024 (0 as of December 31, 2023); aggregate liquidation preference of $96,746 and $0 at March 31, 2024 and December 31, 2023	96,655	0
Stockholders’ equity
Class A common stock, $0.01 par value, 750 million shares authorized, 205.0 million issued and outstanding as of March 31, 2024; 205.0 million issued and outstanding as of December 31, 2023	2,050	2,050
Additional paid-in capital	1,043,652	1,038,530
Retained earnings	561,422	527,986
Accumulated other comprehensive income	64,179	71,528
Total stockholders’ equity attributable to NFE	1,671,303	1,640,094
Non-controlling interest	128,324	137,775
Total stockholders’ equity	1,799,627	1,777,869
Total liabilities, convertible preferred stock and stockholders’ equity	$ 10,880,362	$ 10,501,245

About New Fortress Energy LLC

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; landed micro-fuel handling facility in San Juan, Puerto Rico; FRSU in Sergipe, Brazil; and LNG receiving facility in La Paz, Mexico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.

CEO	Mr. Wesley Robert Edens
WEBSITE	newfortressenergy.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	577

New Fortress Energy LLC Frequently Asked Questions

What is the ticker symbol for New Fortress Energy LLC? What does NFE stand for in stocks?

NFE is the stock ticker symbol of New Fortress Energy LLC. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of New Fortress Energy LLC (NFE)?

As of Fri May 17 2024, market cap of New Fortress Energy LLC is 5.48 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NFE stock?

You can check NFE's fair value in chart for subscribers.

What is the fair value of NFE stock?

You can check NFE's fair value in chart for subscribers. The fair value of New Fortress Energy LLC is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of New Fortress Energy LLC is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NFE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is New Fortress Energy LLC a good stock to buy?

The fair value guage provides a quick view whether NFE is over valued or under valued. Whether New Fortress Energy LLC is cheap or expensive depends on the assumptions which impact New Fortress Energy LLC's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NFE.

What is New Fortress Energy LLC's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NFE's PE ratio (Price to Earnings) is 12.14 and Price to Sales (PS) ratio is 2.17. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NFE PE ratio will change depending on the future growth rate expectations of investors.