undefined Investment Thesis New Fortress's (NASDAQ: NFE) investment thesis is quite simple: Invest now if you believe refinancing is imminent, wait as projects come online, and the stock will re-rate higher. Alternatively, a safer option is to wait for confirmation of the refinancing. Price will be higher; however, returns will still be great. Once all projects are operational, New Fortress will generate more than $1.6 billion in EBITDA. Current market cap is less than $3 billion. Business Overview New Fort ...

New Fortress Energy Inc. NFE reported worse-than-expected second-quarter financial results on Friday. New Fortress Energy reported quarterly losses of 41 cents per share which missed the analyst consensus estimate of 7 cents per share. The company reported quarterly sales of $428.01 million which missed the analyst consensus estimate of $509.24 million, according to data from Benzinga Pro. "Our Adjusted EBITDA in the second quarter of $120 million was well below our expectation of $275 million. This was lar ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to__________ Commission File Number: 001-38790 New Fortress Energy Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 83-1482 ...

New Fortress Energy (NASDAQ:NFE) Q2 2024 Earnings Conference Call August 9, 2024 8:00 AM ET Company Participants Chance Pipitone - Investor Relations Wesley Edens - Chairman and Chief Executive Officer Andrew Dete - Managing Director Brannen McElmurray - Managing Director and Chief Development Officer Christopher Guinta - Chief Financial Officer Conference Call Participants Benjamin Nolan - Stifel Gregory Lewis - BTIG Craig Shere - Tuohy Brothers Tarek Hamid - JPMorgan Operator Good day and welcome to the N ...

New Fortress Energy (NFE) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of $0.09. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -555.56%. A quarter ago, it was expected that this company would post earnings of $0.60 per share when it actually produced earnings of $0.67, delivering a surprise of 11.67%. Over the last four quarters, the company has surp ...

Exhibit 99.1 111 W 19 Street, 8 Floor New York, NY 10011 th th New Fortress Energy Announces Second Quarter 2024 Results August 9, 2024 NEW YORK -- New Fortress Energy Inc. (Nasdaq: NFE) ("NFE" or the "Company") today reported its financial results for the second quarter of 2024. (1) Summary Highlights • Adjusted EBITDA of $120 million in the second quarter of 2024 • Second quarter results do not include $107 million of contracted LNG sales during the quarter, which will be included in Adjusted EBITDA and e ...

The market expects New Fortress Energy (NFE) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 9, 2024, might help the stock move higher if these key numbers ...

The company has successfully started liquefied natural gas (LNG) production at its first FLNG unit (FLNG 1). FLNG 1 is expected to deliver its first cargo in August 2024, and then enter full production. New Fortress deployed its proprietary Fast LNG solution in FLNG 1. The Fast LNG asset has a total production capacity of 1.4 million tons per annum (MTPA) or approximately 70 trillion British thermal units (TBtu). The new liquefaction facility is expected to implement the same proprietary technology that was ...

The surge can be attributed to New Fortress Energy's commitment to providing reliable and clean energy to the world by using liquefied natural gas (LNG). As compared to other fossil fuels such as coal, LNG has much lower carbon emissions and is an essential part of the energy transition worldwide. NFE owns and operates natural gas and LNG infrastructure and is well-positioned to capitalize on the growing demand for LNG. Further, the company has recently sold off its liquefaction and storage facility in Miam ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to__________ Commission File Number: 001-38790 New Fortress Energy Inc. (Exact Name of Registrant as Specified in its Charter) (State or other ...