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Why New Fortress Energy Stock Sank Today
The Motley Fool· 2025-05-21 20:37
Shares of New Fortress Energy (NFE -14.54%) fell on Wednesday. The company's stock plummeted 14.5% as of market close. The leg down comes as the S&P 500 (^GSPC -1.61%) and the Nasdaq Composite (^IXIC -1.41%) lost 1.6% and 1.4%, respectively.New Fortress is excluded from Puerto RicoThe liquefied natural gas (LNG) company will not be able to take part in a key government auction in Puerto Rico. It was revealed late yesterday that New Fortress has been disqualified from a Puerto Rican government auction to sec ...
Why New Fortress Energy Stock Imploded This Week
The Motley Fool· 2025-05-16 18:42
Shares of New Fortress Energy (NFE -3.39%) were in free fall this week. The company's stock plummeted 62.7% as of 1:55 p.m. on Friday. The collapse came as the S&P 500 and the Nasdaq Composite both saw major gains.The liquefied natural gas (LNG) company reported its first-quarter numbers this week, revealing a staggering loss much more significant than Wall Street expected.New Fortress is deep in the redNew Fortress Energy reported a Q1 2025 loss of $0.73 per share, much worse than analysts had expected and ...
New Fortress Energy: Sell On Increased Likelihood Of Near-Term Debt Restructuring
Seeking Alpha· 2025-05-15 22:10
I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...
New Fortress Energy(NFE) - 2025 Q1 - Earnings Call Transcript
2025-05-14 21:30
New Fortress Energy (NFE) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Speaker0 Good day, and welcome to the NFE First Quarter twenty twenty five Earnings Call. Today's conference is being recorded. At this time, I will be handing the call over to Matt Reinhardt, Managing Director, for introductory remarks. Speaker1 Good afternoon, everyone. Thank you for joining today's conference call, where we will be discussing our first quarter twenty twenty five results. The call is being recorded and will be availa ...
New Fortress Energy(NFE) - 2025 Q1 - Earnings Call Presentation
2025-05-14 20:21
May 2025 Q1 2025 Investor Presentation NewFortr 1. Business Overview 2 2. Financial Results 3. Appendix | Jamaica sale | $1.055bn sale, ~$800mm net, ~$430mm gain | | | | | --- | --- | --- | --- | --- | | FEMA claim | $659mm claim(6), high degree of engagement & expect resolution near-term | | | | | | Leasing surplus FSRUs results in significant income: | | | | | FSRU sub-charters | Eskimo | Freeze | FSRU 3 & 4(7) | Total | | | $143mm | $59mm | $110mm | $312mm (PV 10 = ~$236mm) | | Q4 excess cargo sale | $12 ...
New Fortress Energy(NFE) - 2025 Q1 - Quarterly Results
2025-05-14 20:06
Exhibit 99.1 111 W 19 Street, 8 Floor New York, NY 10011 th th New Fortress Energy Completes Sale of Jamaica Assets & Operations to Excelerate Energy and Announces First Quarter 2025 Results May 14, 2025 NEW YORK -- New Fortress Energy Inc. (Nasdaq: NFE) ("NFE" or the "Company") today announced the completion of the sale of its assets and operations in Jamaica to Excelerate Energy, Inc. (NYSE: EE) ("Excelerate") for $1.055 billion. The transaction was initially announced by NFE on March 27, 2025. Proceeds f ...
Why New Fortress Energy (NFE) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-04-21 17:15
Core Insights - New Fortress Energy (NFE) has consistently surpassed earnings estimates, averaging a 258.33% beat over the last two quarters [1][2] - The company reported earnings of $0.13 per share for the last quarter, exceeding the Zacks Consensus Estimate of $0.06 per share by 116.67% [2] - In the previous quarter, NFE's earnings were $0.05 per share against an expectation of $0.01, resulting in a 400% surprise [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for New Fortress Energy, with a positive Earnings ESP of +45.95%, indicating bullish sentiment among analysts [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [5][8] - Historically, stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - A positive Earnings ESP indicates that analysts have recently become more optimistic about the company's earnings prospects [8] - A negative Earnings ESP does not necessarily indicate an earnings miss but reduces the predictive power of the metric [8]
New Fortress Energy (NFE) Soars 5.1%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-08 15:00
New Fortress Energy (NFE) shares soared 5.1% in the last trading session to close at $5.74. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 44.7% loss over the past four weeks.Being an operator of natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets, the company is banking on mounting clean energy demand. The recent agreement to divest its assets and operations in Jamaic ...
Kuehn Law Encourages Investors of New Fortress Energy Inc. to Contact Law Firm
Prnewswire· 2025-04-01 18:37
As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™ For additional information, please visit Shareholder Derivative Litigation - Kuehn Law. Attorney advertising. Prior results do not guarantee similar outcomes. Contacts: Kuehn Law, PLLC Justin Kuehn, Esq. 53 Hill Street, Suite 605 Southampton, NY 11968 [email protected] (833) 672-0814 SOURCE Kuehn Law, PLLC NEW YORK, April 1, 2025 /PRN ...
New Fortress Energy: Company Needs To Deliver On Near-Term Asset Sales - Hold
Seeking Alpha· 2025-03-11 17:44
Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing and trading, having navigated significant market events such as the dotcom bubble and the subprime crisis [2] - The research provided aims to maintain high quality despite language barriers [2]