New Fortress Energy Stock Today
| NFE Stock | USD 15.57 0.50 3.32% |
Performance19 of 100
| Odds Of DistressLess than 28
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New Fortress is trading at 15.57 as of the 30th of January 2025, a 3.32 percent increase since the beginning of the trading day. The stock's lowest day price was 15.07. New Fortress has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. The performance scores are derived for the period starting the 12th of March 2023 and ending today, the 30th of January 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 267.12 M outstanding shares of which 35.74 M shares are now shorted by investors with about 7.01 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, NASDAQ Composite, Energy, Energy, Oil, Gas & Consumable Fuels, Utilities—Regulated Gas, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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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 677 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 4.03 B. New Fortress Energy runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 267.12 M outstanding shares of which 35.74 M shares are now shorted by investors with about 7.01 days to cover.
New Fortress Energy has about 138.33 M in cash with 824.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
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Ownership AllocationNew Fortress Energy maintains a total of 267.12 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. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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New Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Federated Hermes Inc | 2024-09-30 | 2.1 M | |
| Hite Hedge Asset Management Mlp | 2024-09-30 | 1.9 M | |
| American Assets Capital Advisers, Llc | 2024-09-30 | 1.6 M | |
| Wells Fargo & Co | 2024-09-30 | 1.3 M | |
| State Street Corp | 2024-09-30 | 1.2 M | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.1 M | |
| Mirae Asset Global Etfs Holdings Ltd. | 2024-09-30 | 1.1 M | |
| Geode Capital Management, Llc | 2024-09-30 | 1.1 M | |
| Kailix Advisors Llc | 2024-09-30 | 851.4 K | |
| Great Mountain Partners Llc | 2024-09-30 | 25.6 M | |
| Fortress Investment Group Llc | 2024-09-30 | 13.4 M |
New Fortress Historical Income Statement
New Stock Against Markets
New Fortress Corporate Management
| Wesley Edens | Chairman Founder | Profile | |
| Sam Abdalla | Head Development | Profile | |
| Joshua Kane | Vice Relations | Profile | |
| Cameron Esq | Secretary | Profile | |
| Yunyoung Shin | Chief Officer | Profile | |
| Brett Magill | Head MD | Profile | |
| Brannen McElmurray | Chief Officer | Profile |
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 | 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.