NFE - New Fortress Energy LLC

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
-0.14 (-1.57%)
As of 12:44PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close8.89
Bid8.59 x 1000
Ask8.68 x 1200
Day's Range8.60 - 9.78
52 Week Range7.01 - 19.50
Avg. Volume109,707
Market Cap1.47B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-1.62
Earnings DateMar 02, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est21.10
  • Vista Oil & Gas (VIST) in Focus: Stock Moves 6.3% Higher

    Vista Oil & Gas (VIST) in Focus: Stock Moves 6.3% Higher

    Vista Oil & Gas (VIST) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

  • Loss-Making New Fortress Energy LLC (NASDAQ:NFE) Expected To Breakeven
    Simply Wall St.

    Loss-Making New Fortress Energy LLC (NASDAQ:NFE) Expected To Breakeven

    New Fortress Energy LLC's (NASDAQ:NFE): New Fortress Energy LLC operates as an integrated gas-to-power energy...

  • BP Surges: Stock Moves 9.8% Higher

    BP Surges: Stock Moves 9.8% Higher

    BP saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.

  • ExxonMobil (XOM) Surges: Stock Moves 12.7% Higher

    ExxonMobil (XOM) Surges: Stock Moves 12.7% Higher

    ExxonMobil (XOM) saw a big move last session, as its shares jumped nearly 13% on the day, amid huge volumes.

  • ExxonMobil Curbs Baton Rouge Output Amid Weak Market Demand

    ExxonMobil Curbs Baton Rouge Output Amid Weak Market Demand

    ExxonMobil's (XOM) number of contract workers in the Baton Rouge refinery is cut by 1,800 last Friday.

  • Business Wire

    New Fortress Energy Announces Fourth Quarter and Full Year 2019 Results

    New Fortress Energy LLC (NASDAQ: NFE) ("NFE" or the "Company") today reported its financial results for the fourth quarter and full year ending December 31, 2019.


    New Fortress Moving Ahead on Mexico LNG Terminal

    Additional equipment, materials, and workers will be deployed to the site to expedite completion.

  • Business Wire

    New Fortress Energy Advances Construction of LNG Terminal in Mexico

    New Fortress Energy LLC (NASDAQ: NFE) ("New Fortress") continues to advance construction of a liquefied natural gas (LNG) receiving and regasification terminal in the port of Pichilingue, Baja California Sur, Mexico.

  • Business Wire

    New Fortress Energy LLC Schedules Fourth Quarter and Full Year 2019 Earnings Release and Conference Call

    New Fortress Energy LLC (NASDAQ:NFE) (the "Company") plans to announce its financial results for the fourth quarter and full year 2019 after the closing of the Nasdaq Stock Exchange on Tuesday, March 3, 2020. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website,

  • Business Wire

    New Fortress Energy Signs 25-Year Agreement for 300 MW Gas Power Plant

    New Fortress Energy LLC (NASDAQ: NFE) ("New Fortress") announced today that it has signed a 25-year Power Purchase Agreement (the "PPA") with Distribuidora de Electricidad del Norte, S.A. ("DisNorte") and Distribuidora de Electricidad del Sur, S.A. ("DisSur"), Nicaragua’s electricity distribution companies.


    New Fortress Energy Signs LNG Supply Deal

    The company is taking advantage of the dislocation in global LNG markets and securing 10 years of offtake.

  • A Look At The Fair Value Of New Fortress Energy LLC (NASDAQ:NFE)
    Simply Wall St.

    A Look At The Fair Value Of New Fortress Energy LLC (NASDAQ:NFE)

    Does the February share price for New Fortress Energy LLC (NASDAQ:NFE) reflect what it's really worth? Today, we will...

  • Business Wire

    New Fortress Energy Signs Long-Term LNG Supply Agreement

    New Fortress Energy LLC (NASDAQ: NFE) ("New Fortress") announced today that it has signed a long-term supply agreement for the purchase of 27.5 million MMBtu per annum of liquefied natural gas (LNG), or approximately 8 cargoes a year, at a price indexed to Henry Hub through January 2030.

  • GlobeNewswire

    Certain Funds and Accounts Managed by Affiliates of Apollo Global Management, Inc. Provide $800 Million Term Loan Commitments to New Fortress Energy LLC

    NEW YORK, Jan. 13, 2020 -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that certain funds and accounts.

  • Here is What Hedge Funds Think About New Fortress Energy LLC (NFE)
    Insider Monkey

    Here is What Hedge Funds Think About New Fortress Energy LLC (NFE)

    After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […]

  • Benzinga

    Federal Agency Approves Permit To Transport Liquefied Natural Gas Via Rail

    The Pipeline and Hazardous Materials Safety Administration (PHMSA) has granted a special permit to Energy Transport Solutions (ETS) to haul liquified natural gas (LNG) by rail, stoking objections by some members of Congress who have expressed concerns over safety.

  • Independent Director C. Griffin Just Bought Shares In New Fortress Energy LLC (NASDAQ:NFE)
    Simply Wall St.

    Independent Director C. Griffin Just Bought Shares In New Fortress Energy LLC (NASDAQ:NFE)

    Potential New Fortress Energy LLC (NASDAQ:NFE) shareholders may wish to note that the Independent Director, C...

  • Earnings: 3 ‘Strong Buy’ Stocks to Watch Monday

    Earnings: 3 ‘Strong Buy’ Stocks to Watch Monday

    Earnings season is in full swing, and investors are busy parsing the reports to pinpoint compelling investments. But finding the right investment requires data – how is the stock performing, and how has it performed over time; what macroeconomic events are impacting the stock; what are Wall Street’s analysts saying about it?In short, there’s an enormous amount of data out there to mull over and deciphering it all can be intimidating to say the least. That’s where comes in. TipRanks uses natural language algorithms to sift through the market data and analyst reports on over 5,500 publicly traded stocks, to cut through the confusion and present a clear picture for investors. This allows investors to see at a glance which stocks are considered Strong Buys, which are trending up or down, and the success rate of the analysts’ recommendations.So, let’s take a dive into the market data on three stocks that went public in the last 12 months, which the analysts see as buying propositions, and all report earnings on Monday.Tencent Music Entertainment Group (TME)We’ve all heard of Tencent, the $45 billion Chinese tech-holding company, with its fist in a wide range of internet-related services. Tencent is one of the world’s largest social media companies, and the absolute largest gaming company. But today, we’re talking music. Tencent Music is a spinoff of the parent company and a joint venture with Spotify. The joint company offers several music streaming apps in the Chinese market, attracting more than 700 million users and 120 million paying subscribers. TME IPO’d in December of 2018 and gained 9% in its first day of trading.The numbers underscore an important fact about the world’s internet markets: China is underappreciated. Just because government policy keeps the Chinese market mostly closed to Western reach, it doesn’t mean that Chinese internet companies should be ignored. China is home to 1.4 billion people, about 18% of the world’s population. It’s a huge market, rapidly urbanizing and gaining wealth, with a ravenous demand for digital products.All of this explains TME’s Q2 performance. The company added over 2.5 million users, saw revenues make a double-digit gain to $859 million, and beat the EPS forecast with 10 cents per share. It was a strong performance, and the forecast for tomorrow is in-line with it. EPS is expected to remain stable, at 9 cents (the same forecast which was beaten in Q2), while revenues are expected to rise to $909.7 million.Analysts are impressed with Tencent Music. Bo Pei, of Oppenheimer, writes, “Despite being the largest digital music platform in China, TME is still in the early stage of monetization with a subscription paying ratio (4.8%) substantially lower than that of global peers, which provides it with plenty of growth opportunity… TME is investing to build its exclusive content library... In the long-term, we see TME as an industry integrator with clear strategic vision.” Bo gives TME a $17 price target, suggesting a 21% upside. (To watch Pei’s track record, click here) Alex Yao, a 4-star analyst with JPMorgan, is also bullish on China’s largest music streaming company. He says looking forward, “We believe such a strong net adds momentum will persist into coming quarters as the strategy is replicable and under management control. We expect TME’s music sub net adds acceleration to ease investor concern on music monetization and it should drive share price upside potential.” His $18 price target implies room for a 28% upside to the stock. (To watch Yao’s track record, click here)  Overall, TME’s Strong Buy consensus rating is based on 3 Buys and 1 Hold given in the last three months. The stock trades for $14, making it a bargain considering the upside, and the average price target of $16.75 indicates 19% upside potential. (See Tencent Music stock analysis on TipRanks)    New Fortress Energy LLC (NFE)In the industrialized West, we take electricity for granted. But New Fortress Energy reminds us that power is expensive, and large parts of the world do not have reliable electrical energy services. NFE aims to change that. In practice, NFE’s commitment to providing reliable energy has made the company the “go-to” player in North America’s natural gas industry. From converting power plants to run on cleaner-burning fuel, to building LNG import facilities, to growing its presence as a mid-stream player in the gas market, NFE has a well-established footprint in the natural gas industry.While it’s a small company with a market cap of $2.8 billion, NFE is ambitious and focused on expansion. In Q2, the company secured financing for $180 million, allocated to the completion of the Jamalca CHP plant in Jamaica. The new credit deal, along with some $250 million the company has in cash-on-hand, should allow the project to finish on time. Another fuel handling facility is expected to go on-line in Puerto Rico during the fourth quarter.Revenues in Q2 were up from $26 million to $39.8 million, although the company is still operating at a net loss. For Q3, expectations are for the loss to reach 23 cents per share. Despite the losses, future prospects for the company are bullish. BTIG analyst Gregory Lewis lays out the details: “The company has positioned itself to benefit from the on-going secular natural gas demand story which is being driven by cheap and abundant natural gas in North America, and increasing demand for reliable and cleaner power in emerging countries. At its core, NFE is an infrastructure company with a number of LNG import terminals already in the Caribbean and plans to build another four terminals around the world in the medium term.” Lewis gives NFE a $30 price target, suggesting an upside of 80%. (To watch Lewis’ track record, click here) Lewis’ outlook on the stock is somewhat more bullish than the average. NFE has a Strong Buy consensus rating, based on 4 Buys and 1 Hold. The average price target, $22.80, implies an upside potential of 36%. (See New Fortress Energy stock analysis on TipRanks) Village Farms International, Inc. (VFF)With VFF, we get into the world of cannabis. Specifically, the world of newly legalized cannabis markets. Village Farms International started out as a producer of year-round, high-quality, greenhouse vegetable – tomatoes, cucumber, peppers – in the North American market. With the legalization of cannabis in Canada and hemp in the US, the company has moved into the new market, seeing it as a way to break free of the produce sector’s traditionally low margins.Since entering the cannabis market, VFF has expanded marijuana production, and is looking at developing an annual capacity of 150,000 kilograms. This comes at the cost of reducing the legacy produce, but the company accepts that as the price of profitability. At the same time, the produce legacy has set VFF up with a network of greenhouses and experienced agriculturists.In Q2, the results showed in the Canadian cannabis company’s margins. The cost of growing came in at just 49 cents per gram, while the company was able to sell product at $3 per gram – an 83% gain. In addition to Canadian cannabis, VFF is expanding into hemp production in the US, taking advantage of the 2018 Farm Bill that legalized hemp at the Federal level and created a market for hemp-derived CBD extracts. Village Farms expects to enter the CBD market next year.Roth Capital analyst Scott Fortune sees the potential in VFF. He writes, “VFF's cannabis opportunity through JV Pure Sun Farms (PSF) continues to remain robust as it executes on ramping production to 150,000 kg, expanding distribution to the large provinces, and gaining market share as the low-cost leader.” Fortune’s $29 price target implies an eye-popping upside of 226%. (To watch Fortune’s track record, click here) Bottom line – VFF is a small company, even compared to some of the other new cannabis companies. The market cap is just $437 million, but the company has the advantage of a legacy growing network from its original produce business. In the last three months, VFF has received 4 analyst reviews, and all were Buys. So, the consensus is unanimous: the stock is a Strong Buy. Shares are priced low at just $8.87, but the real story here is the upside potential: the average price target of $31.76 suggests room for a 258% upside. The whopping-high upside is typical of the new companies in the cannabis market, where the newly legal status has created wide-open avenues of opportunity. (See Village Farms stock analysis on TipRanks)

  • New Fortress Energy LLC (NFE) Q2 2019 Earnings Call Transcript
    Motley Fool

    New Fortress Energy LLC (NFE) Q2 2019 Earnings Call Transcript

    NFE earnings call for the period ending June 30, 2019.


    New Fortress Energy LLC to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 13, 2019 / New Fortress Energy LLC (NASDAQ: NFE ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 13, 2019 at 8:00 ...