Free Trial

New Fortress Energy (NFE) Competitors

New Fortress Energy logo
$2.35 -0.11 (-4.47%)
Closing price 04:00 PM Eastern
Extended Trading
$2.38 +0.03 (+1.49%)
As of 07:53 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

NFE vs. RNW, EE, NEXT, KEN, CTRI, CEPU, NNE, EDN, XIFR, and NGL

Should you be buying New Fortress Energy stock or one of its competitors? The main competitors of New Fortress Energy include ReNew Energy Global (RNW), Excelerate Energy (EE), NextDecade (NEXT), Kenon (KEN), Centuri (CTRI), Central Puerto (CEPU), Nano Nuclear Energy (NNE), Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN), XPLR Infrastructure (XIFR), and NGL Energy Partners (NGL). These companies are all part of the "utilities" industry.

New Fortress Energy vs. Its Competitors

ReNew Energy Global (NASDAQ:RNW) and New Fortress Energy (NASDAQ:NFE) are both energy companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, institutional ownership, analyst recommendations, risk, media sentiment and profitability.

In the previous week, ReNew Energy Global and ReNew Energy Global both had 5 articles in the media. ReNew Energy Global's average media sentiment score of 1.72 beat New Fortress Energy's score of 1.65 indicating that ReNew Energy Global is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ReNew Energy Global
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
New Fortress Energy
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

43.6% of ReNew Energy Global shares are owned by institutional investors. Comparatively, 58.6% of New Fortress Energy shares are owned by institutional investors. 8.7% of ReNew Energy Global shares are owned by insiders. Comparatively, 29.4% of New Fortress Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

ReNew Energy Global presently has a consensus target price of $7.50, indicating a potential downside of 1.96%. New Fortress Energy has a consensus target price of $7.88, indicating a potential upside of 235.11%. Given New Fortress Energy's higher possible upside, analysts clearly believe New Fortress Energy is more favorable than ReNew Energy Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ReNew Energy Global
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
New Fortress Energy
0 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.38

ReNew Energy Global has higher earnings, but lower revenue than New Fortress Energy. New Fortress Energy is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ReNew Energy Global$1.14B2.44$45M$0.3223.91
New Fortress Energy$2.36B0.27-$249.04M-$2.25-1.04

ReNew Energy Global has a beta of 0.89, meaning that its stock price is 11% less volatile than the S&P 500. Comparatively, New Fortress Energy has a beta of 0.99, meaning that its stock price is 1% less volatile than the S&P 500.

ReNew Energy Global has a net margin of 5.77% compared to New Fortress Energy's net margin of -24.33%. ReNew Energy Global's return on equity of 8.34% beat New Fortress Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
ReNew Energy Global5.77% 8.34% 1.14%
New Fortress Energy -24.33%-13.50%-1.99%

Summary

ReNew Energy Global beats New Fortress Energy on 9 of the 15 factors compared between the two stocks.

Get New Fortress Energy News Delivered to You Automatically

Sign up to receive the latest news and ratings for NFE and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NFE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NFE vs. The Competition

MetricNew Fortress EnergyOIL IndustryEnergy SectorNASDAQ Exchange
Market Cap$674.53M$76.43B$7.84B$9.77B
Dividend YieldN/A5.81%10.75%4.50%
P/E Ratio-1.0420.7667.2326.38
Price / Sales0.271.77557.21110.58
Price / Cash2.214.8835.4128.92
Price / Book0.311.054.096.58
Net Income-$249.04M$5.31B$4.27B$265.84M
7 Day Performance-8.56%0.52%3.68%-0.07%
1 Month Performance-16.67%5.58%7.02%5.83%
1 Year Performance-80.93%-2.93%13.95%17.88%

New Fortress Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NFE
New Fortress Energy
2.7628 of 5 stars
$2.35
-4.5%
$7.88
+235.1%
-80.0%$674.53M$2.36B-1.04670Positive News
Upcoming Earnings
Gap Down
RNW
ReNew Energy Global
2.1878 of 5 stars
$7.82
+0.4%
$7.50
-4.1%
+35.4%$2.84B$1.14B24.444,336
EE
Excelerate Energy
3.7383 of 5 stars
$24.35
-0.6%
$32.86
+34.9%
+33.8%$2.78B$851.44M17.91900Positive News
NEXT
NextDecade
3.1355 of 5 stars
$10.43
+1.9%
$13.00
+24.6%
+130.0%$2.73BN/A-13.3760Positive News
KEN
Kenon
1.585 of 5 stars
$45.25
+0.1%
N/A+85.6%$2.36B$751.30M14.14230Earnings Report
Upcoming Earnings
Short Interest ↓
Gap Down
CTRI
Centuri
2.0092 of 5 stars
$19.93
-1.6%
$22.00
+10.4%
+24.5%$1.77B$2.64B-664.158,600Positive News
Short Interest ↓
Gap Down
High Trading Volume
CEPU
Central Puerto
3.9057 of 5 stars
$10.27
-6.8%
$12.00
+16.8%
+16.9%$1.56B$749.35B10.481,324Positive News
Short Interest ↓
NNE
Nano Nuclear Energy
2.8985 of 5 stars
$30.98
-1.1%
$41.25
+33.2%
+221.5%$1.29BN/A-33.31N/AShort Interest ↑
EDN
Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor)
2.4413 of 5 stars
$21.51
-8.6%
$36.00
+67.3%
+11.3%$975.01M$2.24B3.444,642High Trading Volume
XIFR
XPLR Infrastructure
1.6469 of 5 stars
$10.25
+0.6%
$16.92
+65.1%
-57.8%$963.15M$1.24B-5.96N/A
NGL
NGL Energy Partners
1.353 of 5 stars
$5.21
+6.3%
N/A+30.9%$666.10M$3.47B-12.71840Positive News
High Trading Volume

Related Companies and Tools


This page (NASDAQ:NFE) was last updated on 9/2/2025 by MarketBeat.com Staff
From Our Partners