New Fortress Energy Inc. (NFE)
New Fortress Energy Inc. operates in the Oil & Gas Midstream industry of the Energy sector, headquartered in New York City, NY, US. The stock last traded at $6.82, up 11.80% on the session, giving a market capitalisation of $39.0M. On trailing twelve-month figures it carries a trailing P/E of -0.02, a net margin of -152.8%. Its beta of 1.32 implies it has historically moved more than the broad market.
New Fortress Energy Inc. (NFE) is an integrated company specializing in gas-to-power infrastructure, providing energy solutions and development services to customers worldwide. The company operates through two primary divisions: Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment manages the procurement and liquefaction of natural gas, along with its shipping, logistics, and the development or conversion of natural gas-fueled power generation facilities. Its Ships segment supplies floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers, which are leased to clients via long-term contracts or spot arrangements. NFE maintains a network of operational assets globally, including an LNG storage and regasification facility in Montego Bay, Jamaica; a marine LNG storage and regasification terminal in Old Harbour, Jamaica; a micro-fuel handling plant in San Juan, Puerto Rico; a marine LNG storage and regasification site in Sergipe, Brazil; an LNG receiving terminal in La Paz, Mexico; and a facility in Miami. Established in 1998, New Fortress Energy Inc. is headquartered in New York, New York.
New Fortress Energy Inc. is most often compared with the following Energy names: