New Fortress Energy LLC operates as an integrated gas-to-power company. The company's activities include natural gas procurement and liquefaction; provision of logistics and shipping services; development and operation of terminals; and conversion or development of natural gas-fired generation. It intends to serve power, transportation, and industrial users of natural gas and LNG. The company was founded in 1998 and is based in New York, New York. New Fortress Energy LLC is a subsidiary of Fortress Investment Group LLC.
Industry, Sector and Symbol
Industry Natural gas distribution
Sub-IndustryN/A
SectorOils/Energy
CIKN/A
Phone516-268-7400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$112.30 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/11/2019 (Estimated)
OptionableNot Optionable
New Fortress Energy (NASDAQ:NFE) Frequently Asked Questions
What is New Fortress Energy's stock symbol?
New Fortress Energy trades on the NASDAQ under the ticker symbol "NFE."
How were New Fortress Energy's earnings last quarter?
New Fortress Energy LLC (NASDAQ:NFE) issued its earnings results on Monday, August, 12th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.26) by $0.02. The business had revenue of $39.77 million for the quarter, compared to analyst estimates of $42.91 million. View New Fortress Energy's Earnings History.
When is New Fortress Energy's next earnings date?
What price target have analysts set for NFE?
9 Wall Street analysts have issued 12 month price targets for New Fortress Energy's shares. Their predictions range from $15.00 to $30.00. On average, they expect New Fortress Energy's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price. View Analyst Price Targets for New Fortress Energy.
What is the consensus analysts' recommendation for New Fortress Energy?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Fortress Energy in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Fortress Energy.
Has New Fortress Energy been receiving favorable news coverage?
Headlines about NFE stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. New Fortress Energy earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for New Fortress Energy.
Are investors shorting New Fortress Energy?
New Fortress Energy saw a decline in short interest in September. As of September 30th, there was short interest totalling 634,000 shares, a decline of 7.7% from the August 30th total of 686,700 shares. Based on an average daily trading volume, of 144,300 shares, the short-interest ratio is presently 4.4 days. Currently, 5.0% of the shares of the stock are sold short. View New Fortress Energy's Current Options Chain.
Who are some of New Fortress Energy's key competitors?
What other stocks do shareholders of New Fortress Energy own?
Who are New Fortress Energy's key executives?
New Fortress Energy's management team includes the folowing people:
- Mr. Wesley Robert Edens, Chairman & CEO (Age 57)
- Mr. Christopher S. Guinta, Chief Financial Officer (Age 35)
- Mr. Michael J. Utsler, Chief Operating Officer (Age 62)
When did New Fortress Energy IPO?
(NFE) raised $300 million in an initial public offering (IPO) on Thursday, January 31st 2019. The company issued 20,000,000 shares at $15.00 per share. Morgan Stanley, Barclays, Citigroup and Credit Suisse acted as the underwriters for the IPO and Evercore ISI, Allen & Company, JMP Securities and Stifel were co-managers.
How do I buy shares of New Fortress Energy?
Shares of NFE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is New Fortress Energy's stock price today?
One share of NFE stock can currently be purchased for approximately $17.37.
How big of a company is New Fortress Energy?
What is New Fortress Energy's official website?
How can I contact New Fortress Energy?
New Fortress Energy's mailing address is 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY, 10011. The company can be reached via phone at 516-268-7400 or via email at [email protected]
MarketBeat Community Rating for New Fortress Energy (NASDAQ NFE)
MarketBeat's community ratings are surveys of what our community members think about New Fortress Energy and other stocks. Vote "Outperform" if you believe NFE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NFE will underperform the S&P 500 over the long term. You may vote once every thirty days.
