NASDAQ
NFE

New Fortress Energy LLC

Utilities-Regulated Gas
Utilities

Prices are adjusted according to historical splits.

New Fortress Energy LLC Stock Price

Vitals

Today's Low:
$31.46
Today's High:
$32.32
Open Price:
$31.5
52W Low:
$24.9765
52W High:
$54.8014
Prev. Close:
$31.44
Volume:
1061413

Company Statistics

Market Cap.:
$6.55 billion
Book Value:
6.858
Revenue TTM:
$2.42 billion
Operating Margin TTM:
37.83%
Gross Profit TTM:
$1.28 billion
Profit Margin:
16.35%
Return on Assets TTM:
6.98%
Return on Equity TTM:
21.73%

Company Profile

New Fortress Energy LLC had its IPO on 2019-01-31 under the ticker symbol NFE.

The company operates in the Utilities sector and Utilities-Regulated Gas industry. New Fortress Energy LLC has a staff strength of 577 employees.

Stock update

Shares of New Fortress Energy LLC opened at $31.5 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $31.46 - $32.32, and closed at $32.28.

This is a +2.67% increase from the previous day's closing price.

A total volume of 1,061,413 shares were traded at the close of the day’s session.

In the last one week, shares of New Fortress Energy LLC have increased by +1%.

New Fortress Energy LLC's Key Ratios

New Fortress Energy LLC has a market cap of $6.55 billion, indicating a price to book ratio of 5.5239 and a price to sales ratio of 3.7972.

In the last 12-months New Fortress Energy LLC’s revenue was $2.42 billion with a gross profit of $1.28 billion and an EBITDA of $1.06 billion. The EBITDA ratio measures New Fortress Energy LLC's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, New Fortress Energy LLC’s operating margin was 37.83% while its return on assets stood at 6.98% with a return of equity of 21.73%.

In Q2, New Fortress Energy LLC’s quarterly earnings growth was a negative -37.2% while revenue growth was a negative 4%.

New Fortress Energy LLC’s PE and PEG Ratio

Forward PE
9.8135
Trailing PE
16.3897
PEG

Its diluted EPS in the last 12-months stands at $1.95 per share while it has a forward price to earnings multiple of 9.8135 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into New Fortress Energy LLC’s profitability.

New Fortress Energy LLC stock is trading at a EV to sales ratio of 5.9357 and a EV to EBITDA ratio of 30.4134. Its price to sales ratio in the trailing 12-months stood at 3.7972.

New Fortress Energy LLC stock pays annual dividends of $3.4 per share, indicating a yield of 1.25% and a payout ratio of 38.67%.

Balance sheet and cash flow metrics

Total Assets
$9.14 billion
Total Liabilities
$2.07 billion
Operating Cash Flow
$-903824000.00
Capital Expenditure
$902.37 million
Dividend Payout Ratio
38.67%

New Fortress Energy LLC ended 2024 with $9.14 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.14 billion while shareholder equity stood at $1.41 billion.

New Fortress Energy LLC ended 2024 with $0 in deferred long-term liabilities, $2.07 billion in other current liabilities, 2050000.00 in common stock, $290.56 million in retained earnings and $776.76 million in goodwill. Its cash balance stood at $104.34 million and cash and short-term investments were $104.34 million. The company’s total short-term debt was $500,376,000 while long-term debt stood at $5.06 billion.

New Fortress Energy LLC’s total current assets stands at $713.69 million while long-term investments were $138.57 million and short-term investments were $0. Its net receivables were $275.29 million compared to accounts payable of $602.76 million and inventory worth $128.41 million.

In 2024, New Fortress Energy LLC's operating cash flow was $-903824000.00 while its capital expenditure stood at $902.37 million.

Comparatively, New Fortress Energy LLC paid $0.39 in dividends in 2024.

Other key metrics

Current Trading Price
$32.28
52-Week High
$54.8014
52-Week Low
$24.9765
Analyst Target Price
$45.44

New Fortress Energy LLC stock is currently trading at $32.28 per share. It touched a 52-week high of $54.8014 and a 52-week low of $54.8014. Analysts tracking the stock have a 12-month average target price of $45.44.

Its 50-day moving average was $28.91 and 200-day moving average was $32.42 The short ratio stood at 7.09 indicating a short percent outstanding of 0%.

Around 5429.6% of the company’s stock are held by insiders while 5404.8% are held by institutions.

Frequently Asked Questions About New Fortress Energy LLC

The stock symbol (also called stock or share ticker) of New Fortress Energy LLC is NFE

The IPO of New Fortress Energy LLC took place on 2019-01-31

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About

New Fortress Energy Inc. operates as an integrated gas-to-power energy 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 (FRSU), 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; FRSU 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.

Address

111 West 19th Street, New York, NY, United States, 10011