New Fortress Energy(US:NFE) Yahoo Financeยท2025-09-17 22:23Core Viewpoint - New Fortress Energy's shares surged by 8% following the announcement of a $4 billion liquefied natural gas supply agreement with Puerto Rico, despite previous setbacks with a larger proposal being rejected [1][2]. Group 1: Agreement Details - New Fortress Energy has secured a $4 billion agreement to supply liquefied natural gas to Puerto Rico over the next seven years, with an option for a three-year extension [2]. - This new agreement comes after a previous 15-year, $20 billion deal was denied by Puerto Rico's Financial Oversight and Management Board in July [2]. Group 2: Financial Challenges - The company is facing increasing financial pressures and struggles to turn a profit while managing mounting debt [4]. - New Fortress has been forced to sell billions in revenue-producing assets to address balance sheet issues, which may impact long-term cash flow [4]. Group 3: Market Sentiment - Despite the recent stock rally, there are concerns about the company's ongoing issues, leading to skepticism about its investment potential [5]. - Analysts from The Motley Fool Stock Advisor have identified other stocks as better investment opportunities, indicating a lack of confidence in New Fortress Energy [6][7].