New Fortress Energy Stock Today

NFE Stock  USD 10.38  0.12  1.17%   

Performance

Very Weak

 
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Odds Of Distress

Below Average

 
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New Fortress is trading at 10.38 as of the 20th of March 2025, a 1.17 percent increase since the beginning of the trading day. The stock's lowest day price was 9.84. New Fortress has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Business Domain
Energy
IPO Date
31st of January 2019
Category
Utilities
New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company that provides energy and development services to end-users worldwide. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York. New Fortress operates under UtilitiesRegulated Gas classification in the United States and is traded on NASDAQ Exchange. The company has 273.77 M outstanding shares of which 32.26 M shares are now shorted by investors with about 7.67 days to cover. More on New Fortress Energy

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Follow Valuation Options Odds of Bankruptcy
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New Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentAndrew Dete
Business ConcentrationOil & Gas Refining & Marketing, Utilities - Regulated Gas, Utilities, Energy, Energy, Oil, Gas & Consumable Fuels, Utilities—Regulated Gas, Utilities (View all Sectors)
Average Analyst Recommendation
Debt Levels
New Fortress can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand New Fortress' financial leverage. It provides some insight into what part of New Fortress' total assets is financed by creditors.
Liquidity
New Fortress Energy has 9.5 B in debt with debt to equity (D/E) ratio of 2.19, meaning that the company heavily relies on borrowing funds for operations. New Fortress Energy has a current ratio of 1.22, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for New to invest in growth at high rates of return.

Change To Inventory

(2.89 Million)
New Fortress Energy (NFE) is traded on NASDAQ Exchange in USA. It is located in 111 West 19th Street, New York, NY, United States, 10011 and employs 722 people. New Fortress is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.81 B. New Fortress Energy runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 273.77 M outstanding shares of which 32.26 M shares are now shorted by investors with about 7.67 days to cover. New Fortress Energy has about 138.33 M in cash with 586.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Check New Fortress Probability Of Bankruptcy
Ownership Allocation
New Fortress Energy maintains a total of 273.77 Million outstanding shares. Over half of New Fortress' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Also note that almost twenty-four million one hundred seventy-four thousand sixty-eight invesors are currently shorting New Fortress expressing very little confidence in its future performance.
Check New Ownership Details

New Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-12-31
2.9 M
American Assets Capital Advisers, Llc2024-12-31
2.4 M
Federated Hermes Inc2024-12-31
2.1 M
Wells Fargo & Co2024-12-31
1.9 M
Geode Capital Management, Llc2024-12-31
1.7 M
Philosophy Capital Management Llc2024-12-31
1.7 M
State Street Corp2024-12-31
1.6 M
Philadelphia Financial Mgmt Of San Franc2024-12-31
1.5 M
Kailix Advisors Llc2024-12-31
1.5 M
Great Mountain Partners Llc2024-12-31
25.6 M
Capital World Investors2024-12-31
19.9 M
View New Fortress Diagnostics

New Fortress Historical Income Statement

At present, New Fortress' Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 170.1 M, whereas Selling General Administrative is forecasted to decline to about 163.7 M. View More Fundamentals

New Stock Against Markets

New Fortress Corporate Management

Wesley EdensChairman FounderProfile
Sam AbdallaHead DevelopmentProfile
Kenneth NicholsonExecutive OfficerProfile
Joshua KaneVice RelationsProfile
Cameron EsqSecretaryProfile
Yunyoung ShinChief OfficerProfile
Brett MagillHead MDProfile
When determining whether New Fortress Energy is a strong investment it is important to analyze New Fortress' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Fortress' future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Fortress Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Fortress. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Fortress listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Dividend Share
0.3
Earnings Share
(1.25)
Revenue Per Share
10.82
Quarterly Revenue Growth
(0.09)
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.