NFE

NEW YORK (AP) — NEW YORK (AP) — New Fortress Energy Inc. (NFE) on Wednesday reported a loss of $399.9 million in its first quarter. On a per-share basis, the New York-based company said it had a loss of $1.40. The company posted revenue of $227 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NFE at https://www.zacks.com/ap/NFE

Let’s dig into the relative performance of New Fortress Energy (NASDAQ:NFE) and its peers as we unravel the now-completed Q2 infrastructure earnings season. Energy infrastructure companies build, own, and operate assets including pipelines, storage facilities, and processing plants that transport and handle oil, natural gas, and related products. These businesses often generate fee-based revenues providing cash flow stability. Tailwinds include growing production volumes requiring expanded takeaway capacity and export infrastructure demand. Long-term contracts with creditworthy counterparties reduce commodity price exposure. Headwinds include permitting and regulatory challenges delaying new projects, environmental opposition to pipeline construction, and potential long-term demand decline from energy transition. High capital intensity and interest rate sensitivity affecting financing costs present additional considerations. The 9 infrastructure stocks we track reported a mixed Q2. As a group, revenues beat analysts’ consensus estimates by 6.5%. While some infrastructure stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.2% since the latest earnings results. Building its first floating liquefaction unit off the coast of Mexico in 2024, New Fortress Energy (NASDAQ:NFE) supplies liquefied natural gas (LNG) to power plants and industrial customers in emerging markets. New Fortress Energy reported revenues of $301.7 million, down 29.5% year on year. This print fell short of analysts’ expectations by 46%. Overall, it was a disappointing quarter for the company with a significant miss of analysts’ EBITDA and EPS estimates. New Fortress Energy delivered the weakest performance against analyst estimates and slowest revenue growth of the whole group. Unsurprisingly, the stock is down 74% since reporting and currently trades at $0.64. Is now the time to buy New Fortress Energy? Access our full analysis of the earnings results here, it’s free. Operating industrial facilities across the Americas, Europe, Middle East, and Asia, Tenaris (NYSE:TEN) manufactures seamless and welded steel pipes used in oil and gas drilling and transportation. Tenaris reported revenues of $222.1 million, up 18% year on year, outperforming analysts’ expectations by 28.4%. The business had an incredible quarter with a beat of anal...

Image source: The Motley Fool. Monday, May 12, 2025 at 5 p.m. ET Chairman and CEO — Wes Edens Managing Director, Brazil — Leandro Cunha Managing Director, Construction — Jeremy Dawson Chief Financial Officer — Chris Guinta Need a quote from a Motley Fool analyst? Email [email protected] Wes Edens: Great. Thanks, Matt. Welcome, everyone. So lots to go through here this afternoon and I'll try and make my own statements brief. Start with the core earnings for the quarter, very much in line with expectation. If you look at the yellow boxes on the piece of paper, you can see that post the first quarter of 2024, which is the last quarter that we had the FEMA claims online in Puerto Rico, we've had basically extremely consistent core earnings $110 million, $177 million but then $109 million, $116 million, so very much in line with that. Our forecast for the core earnings for the remainder of the year are basically very much in line with what this is for the first half and then accelerating the second half as we start to bring assets online, in particular those assets in Brazil. That said, the EBITDA that we had forecast for the quarter were less than that simply because we did not have any one-off results to add to it. Again, if you look at our numbers historically we've had a combination of core results plus one-off results and we simply didn't have any one-off results this quarter. That said, we expect EBITDA plus gains to be $1.25 billion to $1.5 billion for the year, which is higher than our previous estimate. We're actually off to quite a good start in that regard, in particular, when you consider the events of just today. We already had meaningful gains with our Jamaica sale, which I'll talk about in a second and there's a handful of other things that are going to be significant events for us to add to our core events. But our goal is the quality versus quantity of the earnings, in particular, what we are looking to generate for shareholders and for our constituents is repeatable, easy to understand and very long duration cash flows. And I'll explain kind of what the portfolio looks like because we have a lot of those to offer. So let's flip the page to Page number 4, material events that are in front of us. First and foremost is the Jamaica sale. $1.055 billion closed today just a few hours ago. That translates into about $800 million in net proceeds, a $430 milli...

Image source: The Motley Fool. Thursday, November 7, 2024 at 8 a.m. ET Chairman and CEO — Wesley Edens Managing Director — Andrew Dete Chief Financial Officer — Christopher Guinta Need a quote from a Motley Fool analyst? Email [email protected] Wesley Edens: Great. Thanks, Matt, and thanks everyone for dialing in. So as usual, we will refer to the deck as we flip through here, but let's start at the beginning. So Page 3, first with the quarterly financial results. Q3 adjusted EBITDA $176 million that was basically right on top of what we forecast here last summer. From an operational standpoint, the quarter was a very placid one. So we continue to operationalize FLNG operations. I'll talk about that in a minute. We sold our first full cargo was sold and transported to Europe. We obtained the non FTA permits in Labor Day, which allowed us to then ship to non-FTA countries. Of course, it looks like that band is likely to be lifted in presidential election but that was a good milestone for us. We are reducing our guidance in the fourth quarter modestly due to some maintenance that we've taken here. So we're going to have lower volumes in FLNG. The unit is back up and is running well now. We've been working on optimizing production but we're very, very happy with the production of it and I'll talk about that in a second, but that's good. We also are going to bring Barcarena in place that into service, which has got some accounting implications, but it's nothing but positives from an operational standpoint, from a business standpoint, but Andrew will talk about that in a minute. The claim from FEMA is something I get asked about all the time. We continue to have conversations with Weston, which is our contractor, as well as with the core and with FEMA and expect -- as expected, we do think that the resolution of that is pending and is positive. We don't have anything specific to report on it. Obviously, the impact of the FEMA settlement in the Q4 or Q1 would materially affect what our forecast would be. And also to the extent that these new strategic options that we are pursuing that I'll talk about at some length come to bear, they could move things around. So actually the ability to then forecast specifically away from operations is a little more complex just because these are such big and large individual transactions. So notable events, let's flip to the following...

Shareholders of New Fortress Energy would probably like to forget the past six months even happened. The stock dropped 75.6% and now trades at $0.59. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation. Is now the time to buy New Fortress Energy, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it’s free. Even though the stock has become cheaper, we're swiping left on New Fortress Energy for now. Here are two reasons we avoid NFE and a stock we'd rather own. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. New Fortress Energy’s demanding reinvestments have drained its resources over the last five years, putting it in a pinch and limiting its ability to return capital to investors. Its free cash flow margin averaged negative 71.3%, meaning it lit $71.26 of cash on fire for every $100 in revenue. As long-term investors, the risk we care about most is the permanent loss of capital, which can happen when a company goes bankrupt or raises money from a disadvantaged position. This is separate from short-term stock price volatility, something we are much less bothered by. New Fortress Energy burned through $1.89 billion of cash over the last year, and its $9.33 billion of debt exceeds the $551.1 million of cash on its balance sheet. This is a deal breaker for us because indebted loss-making companies spell trouble. Unless the New Fortress Energy’s fundamentals change quickly, it might find itself in a position where it must raise capital from investors to continue operating. Whether that would be favorable is unclear because dilution is a headwind for shareholder returns. We remain cautious of New Fortress Energy until it generates consistent free cash flow or any of its announced financing plans materialize on its balance sheet. New Fortress Energy isn’t a terrible business, but it doesn’t pass our quality test. Following the recent decline, the stock trades at 79.8× forward EV-to-EBITDA (or $0.59 per share). This valuation multiple is fair, but we don’t have much faith in the company. We're fairly confident there are better stocks to buy right now. We’d...

New Fortress Energy has gotten torched over the last six months - since October 2025, its stock price has dropped 72.2% to $0.61 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move. Is now the time to buy New Fortress Energy, or should you be careful about including it in your portfolio? Get the full breakdown from our expert analysts, it’s free. Despite the more favorable entry price, we're sitting this one out for now. Here are two reasons you should be careful with NFE and a stock we'd rather own. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. New Fortress Energy’s demanding reinvestments have drained its resources over the last five years, putting it in a pinch and limiting its ability to return capital to investors. Its free cash flow margin averaged negative 71.3%, meaning it lit $71.26 of cash on fire for every $100 in revenue. As long-term investors, the risk we care about most is the permanent loss of capital, which can happen when a company goes bankrupt or raises money from a disadvantaged position. This is separate from short-term stock price volatility, something we are much less bothered by. New Fortress Energy burned through $1.89 billion of cash over the last year, and its $9.33 billion of debt exceeds the $551.1 million of cash on its balance sheet. This is a deal breaker for us because indebted loss-making companies spell trouble. Unless the New Fortress Energy’s fundamentals change quickly, it might find itself in a position where it must raise capital from investors to continue operating. Whether that would be favorable is unclear because dilution is a headwind for shareholder returns. We remain cautious of New Fortress Energy until it generates consistent free cash flow or any of its announced financing plans materialize on its balance sheet. New Fortress Energy isn’t a terrible business, but it doesn’t pass our bar. Following the recent decline, the stock trades at 79.8× forward EV-to-EBITDA (or $0.61 per share). This valuation multiple is fair, but we don’t have much faith in the company. We're fairly confident there are better investments elsewhere. We’d recommend looking at a top digital adve...

Overwhelming Support of Over 95% of Lenders Achieved NEW YORK, April 01, 2026--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) ("NFE" or the "Company") previously announced on March 17, 2026 that it entered into a Restructuring Support Agreement ("RSA") with its creditors as part of a consensual UK Restructuring Plan ("UK RP"). NFE is pleased to announce that it has received strong indications of support for the previously announced transaction, to be implemented through a UK RP, from its stakeholders, including holders and lenders representing over 95% of its approximately $5.8 billion principal amount of NFE’s aggregate indebtedness, including, approximately: 93% of holders of the 2026 Legacy Notes; 87% of holders of the 2029 Legacy Notes; 98% of holders of the 2029 New Notes; 100% of lenders of the Term Loan A; 88% of lenders of the Term Loan B; and 100% of lenders of the Revolving Credit Facility. To ensure all holders who intend to accede to the RSA have ample time to submit directions via their custodians, the Company is announcing today the extension of the deadline for creditors to accede to the RSA and, provided certain conditions are met, be eligible for an early consent fee, to 5:00pm, New York City time, on April 8, 2026. Any questions on how to accede to the RSA including submitting direction through the clearing systems should be directed to the information agent, Kroll Issuer Services Limited, at the email address [email protected] and further information is available on its website https://deals.is.kroll.com/nfe. As previously announced, the Company expects to launch the UK RP process in April and the transaction is expected to be completed by the third quarter of 2026, subject to court availability, customary conditions and regulatory approvals. This expected timeline is on track and remains unchanged. About New Fortress Energy Inc. New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the Company’s assets and operations reinforce global energy security, enable economic growth, e...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Trending interest in New Fortress Energy (NFE) has picked up after activist investor Peter Levinson disclosed a 0.3% stake, elevated pre earnings options activity emerged, and concerns around losses and debt levels resurfaced. See our latest analysis for New Fortress Energy. The latest activist interest and pre earnings options activity are landing against a weak backdrop, with a 1 day share price return showing a 7.02% decline at US$1.06 and a 1 year total shareholder return reflecting an 88.55% loss, suggesting momentum has been fading rather than building. If this situation has you looking beyond New Fortress Energy, it could be a useful moment to see what is happening across nuclear energy infrastructure through our screener of 86 nuclear energy infrastructure stocks. With the share price sharply lower and revenue of US$1.77b set against a net loss of US$1.32b, is New Fortress Energy now trading below what its assets and risks imply, or is the market already discounting any future progress? With New Fortress Energy last closing at $1.06 against a narrative fair value of $3.50, the gap is wide enough that the underlying thesis matters. Read the complete narrative. Want to understand why a higher required return is used yet the fair value still sits well above today’s price? Revenue growth, thinner margins and a future earnings multiple all pull in different directions. The narrative shows how those moving parts are stitched together. Based on the most followed narrative, the valuation work uses a 12.5% discount rate applied to projected revenue growth and future margins, rather than relying on current losses, to arrive at a fair value estimate of $3.50 per share. Result: Fair Value of $3.50 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this depends on execution in key markets like Puerto Rico and Brazil, as well as on managing high capital needs if contract renewals or asset sales disappoint. Find out about the key risks to this New Fortress Energy narrative. Given the mix of concerns and optimism you have just read, it makes sense to look at the numbers yourself and move quickly while sentiment is divided. To see how the balance...

Golar LNG (GLNG) came out with quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.3 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -20.00%. A quarter ago, it was expected that this operator of carriers for natural gas shipping would post earnings of $0.46 per share when it actually produced earnings of $0.43, delivering a surprise of -6.52%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Golar LNG, which belongs to the Zacks Oil and Gas - Integrated - International industry, posted revenues of $132.81 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 14.44%. This compares to year-ago revenues of $65.47 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Golar LNG shares have added about 20.6% since the beginning of the year versus the S&P 500's gain of 0.7%. While Golar LNG has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Golar LNG was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the compl...

As the U.S. stock market experiences a slight uptick following a break in its five-session winning streak, investors are paying close attention to sectors like technology and cryptocurrency, which have shown notable rebounds. In this environment, growth companies with high insider ownership can present intriguing opportunities due to their potential for strong alignment between management and shareholder interests. Click here to see the full list of 200 stocks from our Fast Growing US Companies With High Insider Ownership screener. We'll examine a selection from our screener results. Simply Wall St Growth Rating: ★★★★☆☆ Overview: monday.com Ltd., along with its subsidiaries, develops software applications across various regions including the United States, Europe, the Middle East, Africa, and the United Kingdom, with a market cap of $7.73 billion. Operations: The company's revenue primarily comes from its Internet Software & Services segment, generating $1.17 billion. Insider Ownership: 13.7% Earnings Growth Forecast: 32.4% p.a. monday.com is experiencing significant growth, with earnings projected to rise substantially above the market average. Despite trading below its estimated fair value, the company's revenue growth is expected to outpace the broader US market. Recent partnerships with high-profile teams like Bonds Flying Roos underscore its strategic expansion efforts. Noteworthy product innovations and a substantial share repurchase program further highlight monday.com's commitment to enhancing shareholder value and operational efficiency in a competitive tech landscape. Get an in-depth perspective on monday.com's performance by reading our analyst estimates report here. Our valuation report here indicates monday.com may be undervalued. Simply Wall St Growth Rating: ★★★★★☆ Overview: New Fortress Energy Inc. is an integrated gas-to-power energy infrastructure company offering energy and development services globally, with a market cap of $372.76 million. Operations: The company generates revenue from its Ships segment, contributing $145.03 million, and its Terminals and Infrastructure segment, which brings in $1.53 billion. Insider Ownership: 36.9% Earnings Growth Forecast: 97.1% p.a. New Fortress Energy faces financial challenges, with a significant net loss reported for recent quarters and ongoing debt restructuring efforts. Despite these hurdles, th...

As November wraps up, a holiday-shortened week of trading — courtesy of Thanksgiving Day and Black Friday — will greet investors who continue to wrestle with the fallout from Nvidia's (NVDA) blockbuster earnings report alongside flagging confidence in the overall AI-driven market. On Friday, markets capped a roller-coaster week with daily gains but weekly losses, as the tech-heavy Nasdaq Composite (^IXIC) fell over 2% while the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) fell about 1.5% for the week. A strong September jobs report, strong earnings from Nvidia, and a positive third quarter report from Walmart were all greeted on Thursday by one of the market's biggest intraday reversals of the last decade, with the S&P 500 flipping from a gain above 1.5% at the opening bell to a loss of more than 1.5% by market close. The swing in the Nasdaq was even greater. In the week ahead, the economic calendar will continue to pick up steam as the government works through a data backlog following the resolution of the shutdown earlier this month. Data on producer prices in September from the Bureau of Labor Statistics and the Census Bureau's retail sales data for the same month will be highlights, with both reports due out Tuesday amid a rush of data ahead of the Thanksgiving weekend. Investors will also keep a close eye on The Conference Board's consumer confidence reading for November, due out Tuesday. Read more: What is consumer confidence, and why does it matter? In the corporate world, a relatively quiet week of earnings awaits investors. Alibaba Holdings (BABA), Dell Technologies (DELL), and a smattering of retailers including Kohl's (KSS) and Best Buy (BBY) will headline the calendar for the week. It's been a tough month for tech bulls. Several of the "Magnificent Seven" stocks, crypto, and AI-focused plays like CoreWeave (CRWV) and Oracle (ORCL) have seen their stocks fall sharply in the past month. Meta (META) and Oracle have lost more than 15% and 25%, respectively, as both outlined plans for even more AI spending. Microsoft (MSFT) stock has dropped 9% in the last month. Nvidia stock is roughly flat over the period, while smaller chip plays like AMD (AMD) and Intel (INTC) have lost closer to 10%. Nvidia's earnings report on Wednesday evening offered plenty for AI bulls to be excited about. And its CEO, Jensen Huang, summarily dismissed fears ab...

New Fortress Energy (NFE) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly loss of $0.89 per share in its upcoming report, which represents a year-over-year change of -1880%. Revenues are expected to be $627.77 million, up 10.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 23.68% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive E...