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 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings 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] → $2.85B (+$1.69B) [Q4]
132% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 41
38% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 56
13.23% more ownership
Funds ownership: 61.58% [Q3] → 74.81% (+13.23%) [Q4]
10% more funds holding
Funds holding: 215 [Q3] → 236 (+21) [Q4]
53% less call options, than puts
Call options by funds: $78.6M | Put options by funds: $166M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
86%
upside
Avg. target
$16.50
119%
upside
High target
$19
152%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Stifel Benjamin Nolan 33% 1-year accuracy 14 / 42 met price target | 152%upside $19 | Buy Maintained | 4 Mar 2025 |
Morgan Stanley Devin McDermott 38% 1-year accuracy 13 / 34 met price target | 86%upside $14 | Equal-Weight Maintained | 4 Mar 2025 |
Financial journalist opinion
Based on 15 articles about NFE published over the past 30 days
Neutral
PRNewsWire
50 minutes 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
5 days 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
5 days 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
5 days 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
5 days 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
5 days 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
2 weeks 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.
Positive
Seeking Alpha
3 weeks ago
New Fortress Energy: Company Needs To Deliver On Near-Term Asset Sales - Hold
New Fortress Energy Inc. reported better-than-expected fourth quarter and full-year 2024 results. However, outperformance was solely the result of a large, one-time benefit. During the quarter, the company completed a number of debt management transactions as well as a $400 million equity raise, which extended maturities and provided much-needed liquidity. Management lowered Adjusted EBITDA expectations for 2025.
Positive
Benzinga
3 weeks ago
Top 3 Energy Stocks Which Could Rescue Your Portfolio This Quarter
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Neutral
Seeking Alpha
3 weeks ago
New Fortress Energy, Inc. (NFE) Q4 2024 Earnings Call Transcript
New Fortress Energy, Inc. (NASDAQ:NFE ) Q4 2024 Results Conference Call March 3, 2025 5:00 PM ET Company Participants Matt Reinhard - Managing Director Wes Edens - Chairman and Chief Executive Officer Chris Guinta - Chief Financial Officer Jeremy Dawson - Vice President of Business Development Conference Call Participants Ben Nolan - Stifel Chris Robertson - Deutsche Bank Sherif Elmaghrabi - BTIG Craig Shere - Tuohy Brothers Wade Suki - Capital One Operator Good day, and welcome to the NFE Fourth Quarter 2024 Earnings Call. Today's conference is being recorded.
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