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New Fortress Energy Inc Stock Research

NFE

30.28USD+0.48(+1.61%)Market Closed
Watchlist

Market Summary

USD30.28+0.48
Market Closed
1.61%

NFE Alerts

  • Big jump in Earnings (Y/Y)

NFE Stock Price

NFE RSI Chart

NFE Valuation

Market Cap

6.1B

Price/Earnings (Trailing)

15.4

Price/Sales (Trailing)

2.53

EV/EBITDA

5.91

Price/Free Cashflow

-4.05

NFE Price/Sales (Trailing)

NFE Profitability

EBT Margin

23.05%

Return on Equity

7.53%

Return on Assets

1.19%

Free Cashflow Yield

-24.72%

NFE Fundamentals

NFE Revenue

Revenue (TTM)

2.4B

Revenue Y/Y

-4.02%

Revenue Q/Q

-3.07%

NFE Earnings

Earnings (TTM)

396.8M

Earnings Y/Y

170.24%

Earnings Q/Q

-21.32%

Price Action

52 Week Range

25.0660.33
(Low)(High)

Last 7 days

-7.5%

Last 30 days

0.1%

Last 90 days

8.6%

Trailing 12 Months

-39.0%

NFE Financial Health

Current Ratio

0.83

Debt/Equity

3.09

Debt/Cashflow

0.08

NFE Investor Care

Buy Backs (1Y)

2.23%

Diluted EPS (TTM)

1.89

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for NFE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-26
Catterall Desmond Iain
bought
125,640
26.54
4,734
-
2023-05-24
Jay Timothy W.
bought
7,000
28.00
250
-
2023-05-24
Jay Timothy W.
bought
55,700
27.85
2,000
-
2023-05-23
Jay Timothy W.
bought
21,215
28.2867
750
-
2023-05-23
Jay Timothy W.
bought
84,845
28.2817
3,000
-
2023-04-05
Guinta Christopher S.
sold (taxes)
-678,743
28.99
-23,413
chief financial officer
2023-04-05
Shin Yunyoung
sold (taxes)
-653,116
28.99
-22,529
chief accounting officer
2023-04-03
Shin Yunyoung
acquired
-
-
42,338
chief accounting officer
2023-04-03
Guinta Christopher S.
acquired
-
-
42,338
chief financial officer
2022-12-30
Wilkinson Matthew
sold
-169,135
42.2837
-4,000
-

1–10 of 50

Which funds bought or sold NFE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
sold off
-100
-370,818
-
-%
2023-08-21
VisionPoint Advisory Group, LLC
new
-
896,165
896,165
0.37%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
32.21
342,476
2,028,930
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-24.43
-82,611
182,384
-%
2023-08-16
Thomas J. Herzfeld Advisors, Inc.
unchanged
-
-195,045
1,971,060
0.78%
2023-08-16
Nuveen Asset Management, LLC
reduced
-1.98
-522,295
4,312,700
-%
2023-08-16
CASTLEARK MANAGEMENT LLC
reduced
-49.91
-46,850
39,233
-%
2023-08-15
ALLIANCEBERNSTEIN L.P.
added
133
557,670
1,054,010
-%
2023-08-15
O'Brien Greene & Co. Inc
added
5.73
-13,000
321,000
0.11%
2023-08-15
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
6.97
-21,000
785,000
-%

1–10 of 43

Latest Funds Activity

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

Schedule 13G FIlings of New Fortress Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
May 12, 2021
nfe smrs holdings llc
16.8%
34,701,279
SC 13D/A

Recent SEC filings of New Fortress Energy

View All Filings
Date Filed Form Type Document
Aug 08, 2023
8-K
Current Report
Aug 08, 2023
10-Q
Quarterly Report

Peers (Alternatives to New Fortress Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
-
14.5B
10.20% 4.04%
-
-
11.12% 227.86%
40.7B
11.5B
-3.41% 6.29%
15.34
3.54
7.16% 69.50%
40.6B
80.8B
5.71% 20.91%
8.97
1.48
-1.23% 0.82%
36.9B
17.1B
-4.00% -4.00%
14.7
2.15
-3.10% 3.16%
29.5B
19.2B
1.74% 14.73%
12.14
1.54
-10.28% 54.38%
MID-CAP
6.1B
2.4B
0.13% -38.96%
15.4
2.53
18.38% 86.75%
4.7B
8.0B
2.30% 26.28%
12.19
0.52
-9.16% 99.38%
4.0B
1.4B
-3.72% 9.41%
-15.14
2.93
9.71% 80.43%
2.0B
1.1B
5.20% -15.54%
13.01
1.9
42.53% -0.22%
-
11.9B
0.51% 28.75%
-
-
-14.57% 7.44%
SMALL-CAP
1.9B
308.0M
9.31% 23.07%
8.53
8.41
145.69% 7305.10%
-
384.8M
-6.90% -16.64%
-
-
-2.94% 38.53%
469.9M
3.1B
23.53% -18.84%
12.02
0.15
156.21% 157.73%

New Fortress Energy News

Nasdaq
3 Best Stocks to Buy Now, 9/19/2023, According to Top Analysts.
Nasdaq,
3 days ago
Marketscreener.com
Marketscreener.com
Hellenic Shipping News Worldwide
LNG shipping stocks: SPX made UPI to gain.
Hellenic Shipping News Worldwide,
17 days ago
Hellenic Shipping News Worldwide
LNG shipping stocks: Decline below the resistance.
Hellenic Shipping News Worldwide,
38 days ago

Returns for NFE

Cumulative Returns on NFE

-7.0%


3-Year Cumulative Returns

Risks for NFE

What is the probability of a big loss on NFE?

97.5%


Probability that New Fortress Energy stock will be more than 20% underwater in next one year

93.0%


Probability that New Fortress Energy stock will be more than 30% underwater in next one year.

62.3%


Probability that New Fortress Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NFE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if New Fortress Energy was unfortunately bought at previous high price.

Drawdowns

Financials for New Fortress Energy

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-1.0%2,418,775,0002,442,285,0002,368,272,0002,470,534,0002,043,260,0001,682,244,0001,322,810,000819,875,000652,077,000522,804,000451,650,000375,706,000288,504,000233,704,000189,125,000150,742,000129,510,000116,543,000112,301,000107,909,333105,016,000
Operating Expenses-13.3%46,660,00053,845,00063,518,00082,886,00077,869,00074,641,00051,677,00030,701,00015,400,000------------
  S&GA Expenses2.3%245,641,000240,148,000236,051,000240,879,000220,080,000214,306,000199,881,000157,824,000137,843,000125,153,000120,142,000117,296,000131,388,000131,711,000152,922,000144,141,000116,651,000100,017,00062,137,00054,436,00054,808,000
EBITDA-100.0%-969,190,000913,067,000852,446,000745,658,000590,161,000357,873,000128,144,00032,083,000-131,714,000-161,049,000-219,303,000-261,355,000-162,540,000-176,528,000-175,002,000-136,780,000----
EBITDA Margin-100.0%-0.400.390.350.360.350.270.160.05-0.25-0.36-0.58-0.91-0.70-0.93-1.16-1.06----
Interest Expenses6.3%280,174,000263,618,000236,861,000202,911,000196,918,000180,560,000154,324,000122,579,00084,797,00070,513,00065,723,00055,856,00041,017,00030,018,00019,412,00019,316,00017,525,00012,929,00011,248,0008,518,6676,412,000
Earnings Before Taxes4.5%588,043,000562,847,000533,566,000512,799,000416,603,000272,380,00090,729,000-72,529,000-109,103,000-239,239,000-259,148,000-299,731,000-319,385,000-204,061,000-203,880,000-201,112,000-159,999,000-127,466,000-78,520,000-57,360,000-59,290,000
EBT Margin-100.0%-0.230.230.210.200.170.08-0.09-0.17-0.46-0.57-0.80-1.11-0.87-1.08-1.33-1.24----
Net Income268.2%396,789,000107,776,000194,479,000284,121,000212,467,000380,498,00097,104,000-50,879,000-77,431,000-242,284,000-262,998,000-270,511,000-240,876,000-80,475,000-33,809,000-61,195,000-68,081,000-80,720,000-78,076,000-57,796,000-59,476,000
Net Income Margin-100.0%-0.040.080.110.100.220.07-0.07-0.12-0.40-0.40-0.50-0.55-0.12-0.18-0.41-0.53----
Free Cashflow100.0%--1,107,186,000-818,897,000-710,403,000-508,677,000-466,621,000-584,578,000-621,246,000-453,492,000-367,948,000-282,561,000-392,467,000-462,641,000-551,392,000-611,312,000-558,757,000-494,631,000----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets11.1%9,1358,2247,7057,4417,2517,3666,8766,6656,3921,8321,9081,4001,4221,4891,1241,1481,0571,117699
  Current Assets-38.2%7141,1541,3871,045737606585616476548762281345415211317319432154
    Cash Equivalents-64.9%10429767536413815626433523037962915322329193.00244258417101
  Inventory67.8%12877.0039.0063.0072.0054.0037.0082.0061.0028.0023.0019.0051.0029.0063.0029.0020.0027.0016.00
  Goodwill0%777777777778778760760740749----------
Liabilities12.0%7,5846,7746,2635,4395,1795,0484,8824,7814,3901,5411,5331,3011,2711,175736727590607417
  Current Liabilities48.1%2,0681,3961,409571596578563768635196191222250152102599574595405
    LT Debt, Current-100.0%-27765.0058.0010010197.00250205----------
    LT Debt, Non Current2.3%5,0644,9524,4774,3974,0523,8373,7583,5983,3261,2401,240980950945619113---
Shareholder's Equity-3.0%1,4061,4491,2901,8472,0732,3181,9941,8842,00229137599.00150314387420467509283
  Retained Earnings51.5%29119262.00-2.05-63.89106-132-283-273-267-229-229-192-55.43-45.82-38.48-31.76-25.57-158
  Additional Paid-In Capital-0.8%1,0391,0481,1701,8021,8691,8891,9241,9131,932551595325-------
Shares Outstanding0.1%20520520921021021020720720217710717057.0026.0021.0020.0018.0014.00-
Minority Interest-3.9%1451511521551872042022282406.008.008.007.00243303335388433-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations56.1%68844135531636731185.00-149-156-186-125-195-222-254-234-194-157-106-93.23-70.87-55.43
  Share Based Compensation---30.0047.0035.0036.0037.007.008.008.009.0012.0018.0025.0041.0036.0028.0019.00---
Cashflow From Investing-182.6%-1,008-356-82.73-438-884-2,372-2,273-2,073-1,893-191-157-196-239-296-376-367-340-279-184-149-152
Cashflow From Financing-3.2%3183283221934991,9021,8172,4022,058466819301428425603738674675260154134
  Dividend Payments0.5%72972599.0099.0095.0095.0089.0082.0075.0051.0034.0017.00---------
  Buy Backs-100.0%-491-------------------

NFE Income Statement

2023-06-30
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Operating revenue$ 494,619$ 497,240$ 996,307$ 897,315
Vessel charter revenue65,84075,134142,364167,554
Other revenue88612,4811,80525,104
Total revenues561,345584,8551,140,4761,089,973
Operating expenses    
Cost of sales (exclusive of depreciation and amortization shown separately below)225,768272,401410,706480,699
Vessel operating expenses11,44318,62824,73441,592
Operations and maintenance33,69720,49060,36843,658
Selling, general and administrative55,80350,310107,94198,351
Transaction and integration costs1,5544,8662,0486,767
Depreciation and amortization42,11536,35676,49070,646
Asset impairment expense048,109048,109
Total operating expenses370,380451,160682,287789,822
Operating income190,965133,695458,189300,151
Interest expense64,39647,840136,06992,756
Other (income) expense, net(6,584)(22,102)18,421(41,827)
Income before income from equity method investments and income taxes133,153107,957303,699249,222
Income (loss) from equity method investments2,269(372,927)12,249(322,692)
Tax provision (benefit)15,322(86,539)44,282(136,220)
Net income (loss)120,100(178,431)271,66662,750
Net (income) loss attributable to non-controlling interest(852)8,666(2,212)5,754
Net income (loss) attributable to stockholders$ 119,248$ (169,765)$ 269,454$ 68,504
Net income (loss) per share - basic (in dollars per share)$ 0.58$ (0.81)$ 1.30$ 0.33
Net income (loss) per share - diluted (in dollars per share)$ 0.58$ (0.81)$ 1.29$ 0.33
Weighted average number of shares outstanding, basic (in shares)205,045,121209,669,188206,867,828209,797,133
Weighted average number of shares outstanding - diluted (in shares)205,711,467209,669,188207,534,174209,810,647
Other comprehensive income (loss):    
Net income (loss)$ 120,100$ (178,431)$ 271,666$ 62,750
Currency translation adjustment16,908(39,703)19,04981,127
Comprehensive income (loss)137,008(218,134)290,715143,877
Comprehensive (income) loss attributable to non-controlling interest(758)9,812(2,313)4,944
Comprehensive income (loss) attributable to stockholders$ 136,250$ (208,322)$ 288,402$ 148,821

NFE Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 104,342$ 675,492
Restricted cash100,513165,396
Receivables, net of allowances of $805 and $884, respectively275,292280,313
Inventory128,41139,070
Prepaid expenses and other current assets, net105,133226,883
Total current assets713,6911,387,154
Construction in progress4,593,1322,418,608
Property, plant and equipment, net2,161,9302,116,727
Equity method investments138,569392,306
Right-of-use assets504,299377,877
Intangible assets, net74,54085,897
Goodwill776,760776,760
Deferred tax assets, net8,0748,074
Other non-current assets, net164,244141,679
Total assets9,135,2397,705,082
Current liabilities  
Current portion of long-term debt and short-term borrowings366,94564,820
Accounts payable602,75980,387
Accrued liabilities821,1371,162,412
Current lease liabilities133,43148,741
Other current liabilities143,59852,878
Total current liabilities2,067,8701,409,238
Long-term debt5,064,1884,476,865
Non-current lease liabilities349,331302,121
Deferred tax liabilities, net27,19225,989
Other long-term liabilities75,78349,010
Total liabilities7,584,3646,263,223
Commitments and contingencies (Note 19)
Stockholders’ equity  
Class A common stock, $0.01 par value, 750 million shares authorized, 205.0 million issued and outstanding as of June 30, 2023; 208.8 million issued and outstanding as of December 31, 20222,0502,088
Additional paid-in capital1,039,2011,170,254
Retained earnings290,56462,080
Accumulated other comprehensive income74,34655,398
Total stockholders’ equity attributable to NFE1,406,1611,289,820
Non-controlling interest144,714152,039
Total stockholders’ equity1,550,8751,441,859
Total liabilities and stockholders’ equity$ 9,135,239$ 7,705,082
Wesley R. Edens
670
New Fortress Energy Inc. operates as an integrated gas-to-power 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, 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; marine LNG storage and regasification facility 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.