|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||11.80 - 12.21|
|52 Week Range||8.90 - 16.11|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.00|
CEO of New Fortress Energy Llc (NASDAQ:NFE) Wesley R Edens bought 186,099 shares of NFE on 03/29/2019 at an average price of $11.29 a share.
New Fortress Energy LLC (NFE) (“New Fortress Energy”) announced today that management will host a business update conference call on Monday, March 18, 2019 at 8:30 am Eastern Time. A copy of materials management will reference will be posted to the Investor Relations section of New Fortress Energy’s website, www.newfortressenergy.com.
New Fortress Energy LLC (NFE) (“New Fortress”) announced today that its Puerto Rico subsidiary, NFEnergía LLC (“NFEnergía”), has entered into a contract with the Puerto Rico Electric Power Authority (“PREPA”) for the supply of natural gas and conversion of Units 5 and 6 of the San Juan Combined Cycle Power Plant. The initial term of the contract is five years, with options for PREPA to extend for three additional five-year periods.
New Fortress Energy LLC (NFE) (“New Fortress”) issues a correction to the headline and the first two paragraphs of the press release issued earlier today relating to the number of shares and figures associated with the option exercised. New Fortress Energy LLC (NFE) (“New Fortress”) announced today that the underwriters of its initial public offering exercised their option to purchase an additional 837,272 Class A shares (not the 3,000,000 shares previously reported) at the initial public offering price of $14.00 per share, less underwriting discounts. Including the additional 837,272 Class A shares, New Fortress will have sold a total of 20,837,272 Class A shares, representing total proceeds of $268.6 million, net of underwriting discounts and offering expenses.
Stanley Druckenmiller (Trades, Portfolio), founder of Pittsburgh-based Duquesne Capital, disclosed he established a stake in New Fortress Energy LLC (NFE) on Jan. 31. Warning! GuruFocus has detected 1 Warning Sign with NFE.
CEO of New Fortress Energy Llc (NASDAQ:NFE) Wesley R Edens bought 2,500,000 shares of NFE on 02/04/2019 at an average price of $14 a share.
New Fortress Energy LLC has become the first operating company to go public this year, but the stock’s slump in its trading debut suggests investors are fully feeling the current winter chill.
were up 6.73% to $13.95 Friday, one day after the global energy infrastructure company made its Nasdaq debut. New Fortress Energy, the first IPO of the year, got off to a rough start on Thursday and closed at $13.07 a share, after going public at $14, $1 below its proposed price of $15. On Wednesday, the company announced the pricing of its initial public offering of 20 million Class A shares representing limited liability company interests in New Fortress at $14 a share.
New Fortress Energy LLC (NFE), an integrated gas-to-power company, rang the Nasdaq MarketSite bell in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. New Fortress Energy is a New York City based company that seeks to use ‘stranded’ natural gas to satisfy the world’s large and growing power needs. “We founded New Fortress Energy to meet the growing demand for affordable, clean and reliable energy around the world,” said Wes Edens, Founder and CEO of New Fortress Energy. “Today’s listing on Nasdaq will support the growth of our fully integrated LNG infrastructure and logistics network.
Shares of natural gas and energy infrastructure company New Fortress Energy LLC fell 7% in their trading debut Thursday, after the company priced its initial public offering below its price range in the first full deal to price this year. The IPO market was shut during the recent government shutdown as regulators were not available to process filings. Earlier this week, two blank-check companies pushed out deals. Those companies have no set business line until the acquire one. New Fortress Energy priced its deal at $14 a share, below the $15 price it proposed in its most recent regulatory filing. The company sold 20 million shares to raise $280 million. Morgan Stanley, Barclays, Citigroup and Credit Suisse were lead bookrunners on the deal with Evercore, Allen & Col, JMP Securities and Stifel acting as co-managers. Proceeds of the deal will be used to complete the construction of facilities and for general corporate purposes.
New Fortress Energy LLC (NFE) (“New Fortress” or the “Company”) announced today that it has filed an amendment to its registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) in order to expedite the completion of its initial public offering as a result of the resumed operations by the SEC. The offering information is unchanged from the information contained in the amendment to the registration statement the Company filed on January 25, 2019, and reflects the proposed sale of 20,000,000 Class A shares at an initial public offering price of $15.00 per share.
New Fortress Energy LLC (NASDAQ:NFE) (“New Fortress” or the “Company”) announced today an initial public offering of 22,200,000 Class A shares representing limited liability company interests in New Fortress (the “Class A shares”), pursuant to a registration statement on Form S-1 (including a prospectus) previously filed with the Securities and Exchange Commission (the “SEC”). The current expected initial public offering price is between $17.00 and $19.00 per Class A share. In addition, New Fortress intends to grant the underwriters a 30-day option to purchase up to an additional 3,330,000 Class A shares at the initial public offering price, less underwriting discounts and commissions.