Andrew Dete - New Fortress President
NFE Stock | USD 9.75 0.24 2.52% |
President
Andrew Dete is President of New Fortress Energy
Age | 37 |
Address | 111 West 19th Street, New York, NY, United States, 10011 |
Phone | 516 268 7400 |
Web | https://www.newfortressenergy.com |
New Fortress Management Efficiency
The company has Return on Asset of 0.0456 % which means that on every $100 spent on assets, it made $0.0456 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1481 %, implying that it generated $0.1481 on every 100 dollars invested. New Fortress' management efficiency ratios could be used to measure how well New Fortress manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.06. The current year's Return On Capital Employed is expected to grow to 0.11. At present, New Fortress' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 300.6 M, whereas Non Currrent Assets Other are forecasted to decline to about 83.7 M.Similar Executives
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Management Performance
Return On Equity | 0.15 | ||||
Return On Asset | 0.0456 |
New Fortress Energy Leadership Team
Elected by the shareholders, the New Fortress' board of directors comprises two types of representatives: New Fortress inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Fortress' management team and ensure that shareholders' interests are well served. New Fortress' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New Fortress' outside directors are responsible for providing unbiased perspectives on the board's policies.
Wesley Edens, Chairman Founder | ||
Sam Abdalla, Head Development | ||
Joshua Kane, Vice Relations | ||
Cameron Esq, Secretary | ||
Yunyoung Shin, Chief Officer | ||
Brett Magill, Head MD | ||
Brannen McElmurray, Chief Officer | ||
Patrick Hughes, Executive Officer | ||
Christopher Guinta, Chief Officer | ||
Jake Suski, Managing Affairs | ||
Andrew Dete, President |
New Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is New Fortress a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.15 | ||||
Return On Asset | 0.0456 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.15 % | ||||
Current Valuation | 10.98 B | ||||
Shares Outstanding | 251.42 M | ||||
Shares Owned By Insiders | 42.54 % | ||||
Shares Owned By Institutions | 53.61 % | ||||
Number Of Shares Shorted | 32.29 M | ||||
Price To Earning | 52.19 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 0.4 | Earnings Share 0.91 | Revenue Per Share 11.791 | Quarterly Revenue Growth 0.103 |
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.