New Fortress Energy Stock Today
NFE Stock | USD 10.38 0.12 1.17% |
PerformanceVery Weak
| Odds Of DistressBelow 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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ESG Sustainability
Environmental | Governance | Social |
President | Andrew Dete | ||||
Business Concentration | Oil & Gas Refining & Marketing, Utilities - Regulated Gas, Utilities, Energy, Energy, Oil, Gas & Consumable Fuels, Utilities—Regulated Gas, Utilities (View all Sectors) | ||||
Average Analyst Recommendation | |||||
Debt LevelsNew 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.
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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 AllocationNew 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.
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New Stock Institutional Holders
Instituion | Recorded On | Shares | |
Morgan Stanley - Brokerage Accounts | 2024-12-31 | 2.9 M | |
American Assets Capital Advisers, Llc | 2024-12-31 | 2.4 M | |
Federated Hermes Inc | 2024-12-31 | 2.1 M | |
Wells Fargo & Co | 2024-12-31 | 1.9 M | |
Geode Capital Management, Llc | 2024-12-31 | 1.7 M | |
Philosophy Capital Management Llc | 2024-12-31 | 1.7 M | |
State Street Corp | 2024-12-31 | 1.6 M | |
Philadelphia Financial Mgmt Of San Franc | 2024-12-31 | 1.5 M | |
Kailix Advisors Llc | 2024-12-31 | 1.5 M | |
Great Mountain Partners Llc | 2024-12-31 | 25.6 M | |
Capital World Investors | 2024-12-31 | 19.9 M |
New Fortress Historical Income Statement
New Stock Against Markets
New Fortress Corporate Management
Wesley Edens | Chairman Founder | Profile | |
Sam Abdalla | Head Development | Profile | |
Kenneth Nicholson | Executive Officer | Profile | |
Joshua Kane | Vice Relations | Profile | |
Cameron Esq | Secretary | Profile | |
Yunyoung Shin | Chief Officer | Profile | |
Brett Magill | Head MD | Profile |
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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 | 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.