Buy New Fortress Energy
Amount
Latest price
$1.278
(£1.00 = $1.337)
Number of shares (est.)
0
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Metrics
Market Cap
$358.537M
P/E ratio
-0.26
EPS
-$4.923
Beta
1.01
Dividend rate
N/A
Dividend yield
N/A
About
New Fortress Energy Inc. is a global energy infrastructure company. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to global markets. Its segments include Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment includes the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities and conversion or development of natural gas-fired power generation. The Company sources LNG from long-term supply agreements with third-party suppliers. The Terminals and Infrastructure segment includes all terminal operations in Puerto Rico, Mexico and Brazil, as well as vessels utilized in its terminal or logistics operations. The Ships segment includes certain vessels which are chartered under long-term arrangements to third parties and are part of the Energos Formation Transaction.
CEO
Mr. Wesley Robert (Wes) Edens
Employees
722
Sector
Utilities
Company HQ
NEW YORK, United States of America
Website
News
New Fortress Energy Receives Approval for Milestone Agreement for Long-Term Gas Supply with Puerto Rican Government
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) today received final approval for a 7-year Gas Supply Agreement from the Financial Oversight and Management Board for Puerto Rico. The contract secures the delivery of approximately 75 TBtu of natural gas to support the island's ongoing energy transformation initiatives. Under the terms of the agreement, NFE will supply reliable, lower-emission natural gas to help enhance grid stability and support cleaner power g.
New Fortress Energy Stock Soared 11.3% Today -- Here's Why
Key government officials from Puerto Rico spoke to the press on Tuesday, expressing support for New Fortress Energy's supply contract. Earlier this week, the contract received conditional approval from the Financial Oversight and Management Board after an intense review.
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