New Fortress Energy
About: New Fortress Energy Inc is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include Terminals & Infrastructure, and Ships. It generates the majority of its revenue from the Terminals & Infrastructure segment.
Employees: 722
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
160% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 13 (+8) [Q4]
147% more capital invested
Capital invested by funds: $1.15B [Q3] → $2.84B (+$1.69B) [Q4]
140% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 40
39% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 56
13.25% more ownership
Funds ownership: 61.55% [Q3] → 74.8% (+13.25%) [Q4]
10% more funds holding
Funds holding: 214 [Q3] → 236 (+22) [Q4]
53% less call options, than puts
Call options by funds: $78.6M | Put options by funds: $166M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
61%
upside
Avg. target
$13.67
175%
upside
High target
$19
282%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Citigroup Ryan Levine 63% 1-year accuracy 5 / 8 met price target | 61%upside $8 | Buy Maintained | 9 Apr 2025 |
Stifel Benjamin Nolan 20% 1-year accuracy 8 / 41 met price target | 282%upside $19 | Buy Maintained | 4 Mar 2025 |
Morgan Stanley Devin McDermott 29% 1-year accuracy 8 / 28 met price target | 182%upside $14 | Equal-Weight Maintained | 4 Mar 2025 |
Financial journalist opinion
Based on 9 articles about NFE published over the past 30 days
Positive
Zacks Investment Research
7 hours ago
Why New Fortress Energy (NFE) is Poised to Beat Earnings Estimates Again
New Fortress Energy (NFE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Positive
Seeking Alpha
5 days ago
LNG Shipping Stocks: Week Of Returns
Market sentiment was surprisingly optimistic, despite political developments, with the UP World LNG Shipping Index gaining 3.03% and several companies achieving double-digit gains. Strong trading volumes in the U.S. and Japan drove significant price movements, with Golar LNG leading the surge at 21.4%. Despite some declines in major gas-oil firms, the overall outlook remains positive due to growing LNG demand and potential new long-term contracts.
Positive
Zacks Investment Research
1 week ago
New Fortress Energy (NFE) Soars 5.1%: Is Further Upside Left in the Stock?
New Fortress Energy (NFE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Neutral
PRNewsWire
2 weeks ago
Kuehn Law Encourages Investors of New Fortress Energy Inc. to Contact Law Firm
NEW YORK , April 1, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of New Fortress Energy Inc. (NASDAQ: NFE) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at New Fortress led the company to misrepresent its projected revenue outlook and anticipated growth, while downplaying the risks associated with the plan to have its Fast LNG projects fully operational and expand business growth globally.
Negative
Market Watch
3 weeks ago
New Fortress Energy Shares Fall After Jamaica Operations Sale
New Fortress Energy shares declined after it said it plans to sell its natural gas assets and operations in Jamaica.
Neutral
Market Watch
3 weeks ago
New Fortress Energy Sells Jamaica Natural Gas Operations for $1.06 Bln
New Fortress Energy has divested its natural gas assets and operations in Jamaica for $1.06 billion to Texas-based Excelerate Energy.
Positive
Reuters
3 weeks ago
New Fortress Energy to sell Jamaica assets for $1.06 billion to Excelerate Energy
Liquefied natural gas infrastructure provider New Fortress Energy said on Thursday it would sell its assets and operations in Jamaica to Excelerate Energy for about $1.06 billion.
Neutral
Business Wire
3 weeks ago
Excelerate Energy Advances Growth Strategy with Acquisition of Jamaica Downstream LNG and Power Infrastructure Business from New Fortress Energy
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced that it has entered into a definitive agreement with New Fortress Energy Inc. (“NFE”) (NASDAQ: NFE) under which Excelerate will acquire NFE's business in Jamaica for $1.055 billion in cash. Under the terms of the agreement, Excelerate will acquire the assets and operations of the Montego Bay LNG Terminal, the Old Harbour LNG Terminal, and the Clarendon combined heat and powe.
Neutral
Business Wire
3 weeks ago
New Fortress Energy Announces Sale of Jamaica Assets & Operations to Excelerate Energy
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has finalized a transaction with Excelerate Energy, Inc. (NYSE: EE) (“Excelerate”) to sell its assets and operations in Jamaica for $1.055 billion. Proceeds from the transaction will be used to reduce NFE's corporate debt and for general corporate purposes. This transaction is expected to close in the second quarter of 2025 and marks a key step in NFE's strategy to optimize its asset portfolio and.
Neutral
Business Wire
1 month ago
New Fortress Energy Amends Islandwide Gas Supply Contract
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced that it has amended the extension of its 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power Authority (“PREPA”) to a term of 100 days. Previously, we announced that the islandwide gas supply contract was to be extended for one year. The revised 100-day extension provides a bridge period to facilitate an open request for proposals (“RFP”) for updated terms and duration of the gas supply co.
Charts implemented using Lightweight Charts™